NOT LISTED FOR SALE

179 Waddell Cir Oak Ridge, TN 37830

Estimated Value: $276,681 - $422,000

-- Bed
4 Baths
3,040 Sq Ft
$109/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $150,000 $49 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,871/month

2 Days on Market

Highlights

  • 0.47 Acre Lot
  • Covered Patio or Porch
  • Carpet
  • Robertsville Middle School Rated A
  • Balcony

About This Home

As of April 2019

Well Located OAK RIDGE 4 Plex W/ Recent Renovations 10.9% CAP, 23% CASH RETURN! All units have fresh paint, new refrigerators and new stoves. Downstairs, both one bedroom units have fresh vinyl plank flooring, new plumbing and washer/dryer connections. Residents pay their own gas and electric. City picks up trash. With lots of cash flow and recent upgrades, this investment is perfect for a first time investor. Square footage is from tax records, is not guaranteed and should be verified.

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 03/05/2019

Last Buyer's Agent

Kevin Tipton

Realty Executives Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $987

Year Built

  • Built in 1943

Lot Details

  • 0.47 Acre Lot

Home Design

  • 3,040 Sq Ft Home

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Listing and Financial Details

  • The owner pays for taxes, insurance, lawn maintenance
  • Assessor Parcel Number 099c D 021.00

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $8,870
  • Net Operating Income $17,270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$987

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Directions: From Knoxville, take TN 162 (Pellisippi Pky) to Oak Ridge. Turn right on Hillside, then 2nd left onto Highland, right on Outer, right on Wabash (becomes Waddell Circle). Property is on your left. No sign.
  • Prop. Type: Multi-Family
  • Year Built: 1943
  • Lot Size Acres: 0.47
  • Lot Size: .47 acre
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Owner Pays: Taxes, Insurance, Lawn Maintenance
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior Features: Porch - Covered, Balcony
  • Construction Type: Fiber Cement

Lot Info

  • Lot Size Sq Ft: 20473.0
  • Parcel #: 099c D 021.00
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 29040.0
  • Property Net Operating Income: 17270.0
  • Annual Operating Expense: 8870.0

Tax Info

  • Tax Annual Amount: 986.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2023
Sold by
Martin Porter Timothy and Fine Alofa
Bought by
Porter4del Llc
Current Estimated Value
$320,001

Purchase Details

Listed on
Mar 5, 2019
Closed on
Apr 4, 2019
Sold by
Maple Leaf Investments Llc
Bought by
Porter Timothy M and Porter Alofa F
Seller's Agent
Solange Velas
Goldman Partners Realty, LLC
Buyer's Agent
Kevin Tipton
Realty Executives Associates
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%
Original Mortgage
$123,412
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 11, 2018
Sold by
Arrowdoor Properties Llc
Bought by
Maple Leaf Investments Llc

Purchase Details

Closed on
Jun 29, 2010
Sold by
Matheny Mary W
Bought by
Arcera Fred John-Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,350
Interest Rate
4.79%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Porter4del Llc $2,850,500 None Listed On Document
Porter Timothy M $150,000 None Available
Maple Leaf Investments Llc $85,000 Foothills Title Services Inc
Arcera Fred John-Henry $96,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Porter Timothy M $123,412
Previous Owner Arcera Fred $0
Previous Owner Arcera Fred John-Henry $72,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $150,000 -- $49 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $1,433 $58,360 $10,760 $47,600
2023 $1,433 $58,360 $0 $0
2022 $2,746 $57,560 $10,760 $46,800
2021 $2,746 $57,560 $10,760 $46,800
2020 $1,994 $57,560 $10,760 $46,800
2019 $2,041 $38,840 $9,480 $29,360
2018 $1,995 $38,840 $9,480 $29,360
2017 $1,987 $38,840 $9,480 $29,360
2016 $1,987 $38,840 $9,480 $29,360
2015 -- $38,840 $0 $0
2014 -- $38,840 $0 $0
2013 -- $37,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1071866

East Tennessee REALTORS® MLS

APN: 099C-D-021.00