NOT LISTED FOR SALE

221 Wheat Ridge Trace Oliver Springs, TN 37840

Estimated Value: $311,000 - $396,000

4 Beds
3 Baths
2,404 Sq Ft
$152/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $208,000 $87 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,090/month

120 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Cooling Available
  • Wooded Lot
  • 1 Fireplace
  • Tile Flooring

About This Home

As of April 2020

Enjoy the peaceful, country setting of this 4 Bdrm 3 Bath Basement Ranch home. You'll want to spend lots of time outdoors with the expanded front Deck and large covered back Deck with hot tub. Relax in the warm Family room with stone fireplace and Dining area. The home also offers another large Living room space for possible home office or billiard room. Three spacious bedrooms (including a master) on the main level and a custom built master bedroom on the lower level with large bath. Conveniently located to Oak Ridge, Kingston, and west Knoxville.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,005

Year Built

  • Built in 1978

Lot Details

  • 0.68 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Stone Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Central Heating
  • High Speed Internet
  • Cable TV Available

Community Details

  • Hartland Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 014P B 03100 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,005

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Traditional
  • Year Built: 1978
  • Unit Levels: Two
  • Year Built Details: EXIST
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Appliances: Dishwasher, Range, Oven
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1676
  • Below Grade Sq Ft: 728
  • Building Area Units: Square Feet
  • Living Area: 2404
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Storage Building
  • Construction Type: Frame, Stone, Other
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Cable Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Wooded, Rolling Slope
  • Lot Size Acres: 0.68
  • Lot Size: 158.38 X 268.19 IRR
  • Lot Size Units: Acres
  • Parcel #: 014P B 03100 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Apr 28, 2020
Sold by
Russell Steven D and Russell Buffy T
Bought by
Key Lester Bradley
List Price
$215,000
Sold Price
$208,000
Premium/Discount to List
-$7,000
-3.26%
Current Estimated Value
$366,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,424
Avg. Annual Appreciation
11.25%
Original Mortgage
$204,232
Outstanding Balance
$182,746
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$183,678

Purchase Details

Closed on
Aug 1, 2005
Sold by
Bailey Vanessa L
Bought by
Russell Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
5.48%
Mortgage Type
VA

Purchase Details

Closed on
Nov 16, 2000
Sold by
O'Neal Terry V and O'Neal Janet R
Bought by
Vanessa Bailey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,954
Interest Rate
7.93%

Purchase Details

Closed on
Aug 22, 1997
Sold by
Talley James D
Bought by
Terry Oneal

Purchase Details

Closed on
Apr 16, 1992
Bought by
Talley James D

Purchase Details

Closed on
Jan 9, 1992
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
Key Lester Bradley $208,000 None Available
Russell Steven D $129,900 --
Vanessa Bailey $90,000 --
Terry Oneal $78,000 --
Talley James D -- --
-- $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Key Lester Bradley $204,232
Previous Owner Russell Steven D $139,500
Previous Owner Not Available $129,900
Previous Owner Bailey Vanessa R $13,934
Previous Owner Kidd Vanessa L $94,500
Previous Owner Not Available $89,954
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $208,000 -3.3% $87 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $215,000 -- $89 / Sq Ft
Source: Realtracs

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 $1,125 $46,875 $3,700 $43,175
2023 $1,109 $46,225 $3,700 $42,525
2022 $1,109 $46,225 $3,700 $42,525
2021 $1,142 $46,225 $3,700 $42,525
2020 $1,109 $44,900 $3,700 $41,200
2019 $1,006 $37,450 $5,750 $31,700
2018 $964 $37,450 $5,750 $31,700
2017 $964 $37,450 $5,750 $31,700
2016 $964 $37,450 $5,750 $31,700
2015 $964 $37,450 $5,750 $31,700
2013 -- $38,525 $5,500 $33,025
Source: Public Records

Map

Source: Realtracs

MLS Number: 2953114

Realtracs

APN: 014P-B-031.00