NOT LISTED FOR SALE

198 Gum Hollow Rd Oak Ridge, TN 37830

Estimated Value: $57,000 - $123,000

1.35 Acres
$58,745 Price per Acre
58,806 Sq Ft Lot

Last Sold October 27, 2023

Last sale price $60,000

Est. 32% increase in value since last sale

Current estimated payment $447/month

27 Days on Market

Highlights

  • 1.35 Acre Lot
  • Linden Elementary Rated A
  • Wooded Lot

About This Lot

As of October 2023

Beautiful oversized wooded lot close to urban areas, golf, and the mountains. Very short drive to Knoxville. Property is located near Oak Ridge Country Club and Oak Ridge Sportsman Association. This lot offers tons of privacy. Perfect for primary residence, recreational home or overnight rental. Zoned R2, which allows up to a 4-plex. Great rental income possibility! OR build your fantastic dream home ! With R-2 zoning, there are so many possibilities for use! Live the good life so close to the golf course and country club, yet surrounded by the peaceful silence of the woods. This is a fantastic opportunity so don't delay, this is your time to buy your dream property!

Last Agent to Sell the Property

Aira Ilao

ListWithFreedom.com Brokerage Phone: 855-456-4945 License #338742 Listed on: 09/26/2023

Last Buyer's Agent

Brennan Wallman

Jason Mitchell Real Estate License #370179

Jason Mitchell Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 160x340x240x270
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

Community Details

  • Country Club Est Sec Subdivision

Listing and Financial Details

  • Assessor Parcel Number 015j-c-016.01

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: via D O E N Patrol Rd Head southwest on D O E N Patrol Rd toward TN-95 N 4.0 mi Turn right onto TN-95 N 1.6 mi Turn right onto Gum Hollow Rd Destination will be on the right
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 1.35
  • Lot Size: 160x340x240x270
  • Subdivision Name: Country Club Est Sec
  • Attribution Contact: 855-456-4945
  • Lot Description:Wooded: Yes
  • Utilities Available:Water5: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Other
  • Lot Features: Wooded
  • Road Frontage Paved: Yes

Lot Info

  • Lot Size Sq Ft: 58806.0
  • Parcel #: 015j-c-016.01
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Oct 27, 2023
Sold by
Freedom Land Solutions Llc
Bought by
Rodriguez Arturo Fuentes and Perez Ana Bertha
Seller's Agent
Aira Ilao
ListWithFreedom.com
Buyer's Agent
Brennan Wallman
Jason Mitchell Real Estate
List Price
$74,997
Sold Price
$60,000
Premium/Discount to List
-$14,997
-20%
Views
47
Current Estimated Value
$79,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,306
Avg. Annual Appreciation
14.89%

Purchase Details

Listed on
Sep 26, 2023
Closed on
Sep 12, 2023
Sold by
Baker Frederick S and Baker Ellen Palmer
Bought by
Freedom Land Solutions Llc
Seller's Agent
Aira Ilao
ListWithFreedom.com
Buyer's Agent
Brennan Wallman
Jason Mitchell Real Estate
List Price
$74,997
Sold Price
$60,000
Premium/Discount to List
-$14,997
-20%
Views
47

Purchase Details

Closed on
Mar 31, 1998
Bought by
Lenne Marshall A and Lenne Vicki
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
Rodriguez Arturo Fuentes $60,000 Knoxville Title
Freedom Land Solutions Llc $9,060 None Listed On Document
Freedom Land Solutions Llc $9,060 None Listed On Document
Lenne Marshall A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $60,000 -5.5% --
10/24/2023 10/24/23 Pending -- -- --
10/19/2023 10/19/23 Price Changed $63,497 -8.6% --
10/13/2023 10/13/23 Price Changed $69,497 -5.4% --
10/06/2023 10/06/23 Price Changed $73,497 -2.0% --
09/26/2023 09/26/23 For Sale $74,997 -- --
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 -- $7,975 $7,975 $0
2023 $360 $7,975 $7,975 $0
2022 $360 $7,750 $7,750 $0
2021 $356 $7,750 $7,750 $0
2020 $175 $7,750 $7,750 $0
2019 $313 $6,250 $6,250 $0
2018 $306 $6,250 $6,250 $0
2017 $305 $6,250 $6,250 $0
2016 $305 $6,250 $6,250 $0
2015 $147 $6,250 $6,250 $0
2013 -- $6,750 $6,750 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Aira Ilao

    ListWithFreedom.com

    (855) 456-4945

    15 in this area

    598 Total Sales

    Aira Ilao
    Section Image
  • Brennan Wallman

    Buyer's Agent in 2023

    Brennan Wallman

    Jason Mitchell Real Estate

    (410) 714-4178

    2 in this area

    31 Total Sales

    Brennan Wallman
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1240894

East Tennessee REALTORS® MLS

APN: 015J-C-016.01

Tennessee Roane County Oak Ridge 37830

198 Gum Hollow Rd, Oak Ridge, TN

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.

East Tennessee REALTORS® MLS 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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