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Seller's Agent in 2022
Emilee Smith
Betsy Coleman Realty Co.
162 Latimer Rd Oak Ridge, TN 37830
Estimated Value: $405,000 - $451,000
Studio
4
Baths
2,850
Sq Ft
$148/Sq Ft
Est. Value
Highlights
- 0.67 Acre Lot
- Double Pane Windows
- Tile Flooring
- Willow Brook Elementary Rated A-
- Shed
- Central Heating and Cooling System
About This Home
As of August 2022PROPERTY BEING SOLD AS-IS/WHERE-IS. This investment property is one of two being listed that has no problem paying for itself and has a long rental history to prove it. The rental market in Oak Ridge is stronger than it has ever been. This 4-plex has been in the same family for almost 60 years and now it is time for the owners to ride off into the sunset in their RV. Each 2-bedroom, 1 bath unit is self contained with energy efficient central heat and air unit and it comes with stove, refrigerator, ceiling fans, washer/dryer hookups, has off-street parking and a very large back yard. There is still room for improvements to maximize your return on investment.
Last Agent to Sell the Property
Emilee Smith
Betsy Coleman Realty Co. License #295988 Listed on: 04/17/2022
Last Buyer's Agent
Lisa Axley
Realty III, Inc.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,751
Year Built
- Built in 1942
Lot Details
- 29,185 Sq Ft Lot
- Lot Dimensions are 150x197x151x198
Home Design
- Quadruplex
- Frame Construction
- Shingle Roof
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2,850 Sq Ft Home
- Double Pane Windows
- Vinyl Clad Windows
- Fire and Smoke Detector
- Range
- Washer and Dryer Hookup
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Shed
Schools
- Willow Brook Elementary School
- Robertsville Middle School
- Oak Ridge High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Oil
- Heat Pump System
- Internet Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for tenant pays all util
- The owner pays for roof maintenance, lawn maintenance, HVAC maintenance, exterior maintenance, advertising, taxes, insurance
- Assessor Parcel Number 099P D 031.00
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $7,321
- Net Operating Income $25,139
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2022
Closed on
Aug 15, 2022
Sold by
Bought by
Seller's Agent
Emilee Smith
Betsy Coleman Realty Co.
Buyer's Agent
Lisa Axley
Realty III, Inc.
List Price
$424,900
Sold Price
$390,009
Premium/Discount to List
-$34,891
-8.21%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,473
Avg. Annual Appreciation
2.00%
Original Mortgage
$585,000
Outstanding Balance
$556,774
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
-$136,292
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $780,000 | Maryville Title & Escrow |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $585,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2022 08/15/22 | Sold | $390,009 | -3.7% | $137 / Sq Ft |
| 07/04/2022 07/04/22 | Pending | -- | -- | -- |
| 06/12/2022 06/12/22 | Price Changed | $404,900 | -4.7% | $142 / Sq Ft |
| 04/17/2022 04/17/22 | For Sale | $424,900 | -- | $149 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,976 | $168,240 | $26,360 | $141,880 |
| 2024 | $1,976 | $80,440 | $13,200 | $67,240 |
| 2023 | $1,976 | $80,440 | $0 | $0 |
| 2022 | $2,751 | $57,680 | $13,200 | $44,480 |
| 2021 | $2,751 | $57,680 | $13,200 | $44,480 |
| 2020 | $1,417 | $57,680 | $13,200 | $44,480 |
| 2019 | $2,541 | $48,360 | $12,880 | $35,480 |
| 2018 | $2,483 | $48,360 | $12,880 | $35,480 |
| 2017 | $2,474 | $48,360 | $12,880 | $35,480 |
| 2016 | $2,474 | $48,360 | $12,880 | $35,480 |
| 2015 | -- | $48,360 | $0 | $0 |
| 2014 | -- | $48,360 | $0 | $0 |
| 2013 | -- | $54,960 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
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-
L
Buyer's Agent in 2022
Lisa Axley
Realty III, Inc.
Map
Source: East Tennessee REALTORS® MLS
MLS Number: 1187839
APN: 099P-D-031.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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