NOT LISTED FOR SALE

186 Latimer Rd Oak Ridge, TN 37830

Estimated Value: $442,000 - $473,840

Studio
4 Baths
3,178 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2022

Last sale price $370,000 $116 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,662 / mo

3 Days on Market

Highlights

  • 0.68 Acre Lot
  • Patio
  • Central Heating and Cooling System
  • Willow Brook Elementary Rated A-
  • Tile Flooring
  • Family Room

About This Home

As of December 2022

Quadplex in the heart of Oak Ridge. There is no problem keeping the property occupied. Each unit has 3 beds and 1 full bathroom to provide plenty of room for its tenants. This quadplex is a rare find and is ready for an investor who wants to make money almost instantly. There is only one unit under a lease agreement right now. The rest are month to month. With a slight repairs these could easily rent for $1000 or more.

Last Agent to Sell the Property

JT Sudderth

Realty One Group Anthem License #367500 Listed on: 11/21/2022

Realty One Group Anthem

Last Buyer's Agent

Nancy Stanley

The REAL ESTATE Office License #215648

The REAL ESTATE Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,490

Year Built

  • Built in 2004

Lot Details

  • 0.68

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,178 Sq Ft Home
  • Wired For Data
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • ENERGY STAR Qualified Doors
  • Family Room
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • Driveway
  • Off-Street Parking

Schools

  • Willow Brook Elementary School
  • Robertsville Middle School
  • Oak Ridge High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System

Additional Features

  • Patio
  • 29,621 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 099P D 028.00
  • Tax Block 0D07

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,490

Year Built

Built in 2004

Lot Details

0.68 Acres

Listing Details

  • Directions: Heading West on oak ridge turnpike take a right onto Jefferson Ave. Then take the second left onto N Jefferson Circle. Follow that to the first stop sign take a right than another immediate right and it will be the second property on the left.
  • Prop. Type: Multi-Family
  • Year Built: 2004
  • Lot Size Acres: 0.68
  • Lot Size: .68
  • General Property Description:Lot Size SqFt: 29621.0
  • Contract Info:List PriceSqFt2: 138.45
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Wired for Internet: Yes
  • General Property Description:Driveway: Yes
  • Roof:Shingle: Yes
  • Property Sub-Type:Four Plex: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave
  • Flooring: Carpet, Vinyl, Tile
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Exterior Features: Windows - Insulated, Windows - Vinyl, Patio, Doors - Energy Star, Window - Energy Star
  • Construction Type: Vinyl Siding, Frame
  • Construction:Frame: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Doors - Energy Star: Yes
  • Exterior Features:Window - Energy Star: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Heat Pump, Central, Natural Gas, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: Willow Brook
  • High School: Oak Ridge
  • Middle Or Junior School: Robertsville

Lot Info

  • Lot Size Sq Ft: 29621.0
  • Parcel #: 099P D 028.00
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2490.36
  • Tax Block: 0D07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Dec 30, 2022
Sold by
Smokey Mountain Holdings Llc
Bought by
Nguyen Christopher
Seller's Agent
JT Sudderth
Realty One Group Anthem
Buyer's Agent
Nancy Stanley
The REAL ESTATE Office
List Price
$440,000
Sold Price
$370,000
Premium/Discount to List
-$70,000
-15.91%
Views
38
Current Estimated Value
$457,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,947
Avg. Annual Appreciation
6.55%
Original Mortgage
$296,000
Outstanding Balance
$284,962
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$172,985

Purchase Details

Closed on
Apr 15, 2016
Sold by
Southern Beach Holdings Llc
Bought by
Smokey Mountain Holdings Llc

Purchase Details

Closed on
May 12, 2014
Sold by
Kirkland Johnny R
Bought by
Southern Beach Holdings Llc

Purchase Details

Closed on
Apr 26, 2004
Sold by
Christie Steve
Bought by
Kirkland Johnny R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Nguyen Christopher $370,000 None Listed On Document
Smokey Mountain Holdings Llc -- --
Smokey Mountain Holdings Llc -- Reliant Title
Southern Beach Holdings Llc -- --
Kirkland Johnny R $28,000 --
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 Nguyen Christopher $296,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2022 12/30/22 Sold $370,000 -15.9% $116 / Sq Ft
11/25/2022 11/25/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $440,000 -- $138 / Sq Ft
Source: East Tennessee REALTORS® MLS

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
2025 $2,644 $201,320 $26,560 $174,760
2024 $2,644 $107,640 $13,280 $94,360
2023 $2,644 $107,640 $0 $0
2022 $5,134 $107,640 $13,280 $94,360
2021 $5,134 $107,640 $13,280 $94,360
2020 $4,962 $107,640 $13,280 $94,360
2019 $5,078 $96,640 $12,960 $83,680
2018 $4,962 $96,640 $12,960 $83,680
2017 $4,942 $96,640 $12,960 $83,680
2016 $4,942 $96,640 $12,960 $83,680
2015 -- $96,640 $0 $0
2014 -- $96,640 $0 $0
2013 -- $88,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1212284

East Tennessee REALTORS® MLS

APN: 099P-D-028.00

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