371 W Outer Dr Oak Ridge, TN 37830
Estimated Value: $284,197 - $422,000
Studio
4
Baths
2,380
Sq Ft
$145/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Willow Brook Elementary Rated A-
- Central Heating and Cooling System
About This Home
As of January 2023Great investment opportunity in Oak Ridge. All units are currently leased. Multi-Unit. 4 units total. Two 2 bedroom 1 bath units and Two 1 bedroom 1 bath units. Updates include new roof, New HVAC, and new exterior paint.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,240
Year Built
- Built in 1943
Parking
- On-Street Parking
Home Design
- Quadruplex
- Frame Construction
Interior Spaces
- 2,380 Sq Ft Home
- Property has 3 Levels
- Wood Flooring
Schools
- Oak Ridge High School
Utilities
- Central Heating and Cooling System
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 099C B 02900 000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2022
Closed on
Jan 3, 2023
Sold by
Chamberlain Brooks
Bought by
Camiele L Steinbach Revocable Trust
List Price
$374,900
Sold Price
$285,000
Premium/Discount to List
-$89,900
-23.98%
Views
120
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
$60,066
Avg. Annual Appreciation
6.14%
Purchase Details
Listed on
Oct 31, 2020
Closed on
Nov 30, 2020
Sold by
Marascia Robert L and Marascia Tina Marie
Bought by
Chamberlain Brooks
List Price
$130,000
Sold Price
$130,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.58%
Original Mortgage
$125,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 26, 2005
Sold by
Scott Thomas W
Bought by
Robert Marascia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,100
Interest Rate
5.86%
Purchase Details
Closed on
Jan 4, 2005
Sold by
Walls Michael E
Bought by
Scott Thomas W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
5.66%
Purchase Details
Closed on
Jan 2, 1980
Purchase Details
Closed on
Jan 1, 1980
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Camiele L Steinbach Revocable Trust | $285,000 | -- | |
| Chamberlain Brooks | $130,000 | Admiral Title Inc | |
| Robert Marascia | $98,000 | -- | |
| Scott Thomas W | $92,000 | -- | |
| -- | $50,000 | -- | |
| -- | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chamberlain Brooks | $125,000 | |
| Previous Owner | -- | $60,100 | |
| Previous Owner | -- | $82,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/03/2023 01/03/23 | Sold | $285,000 | -24.0% | $120 / Sq Ft | |
| 10/26/2022 10/26/22 | Pending | -- | -- | -- | |
| 07/01/2022 07/01/22 | For Sale | $374,900 | +188.4% | $158 / Sq Ft | |
| 11/30/2020 11/30/20 | Sold | $130,000 | 0.0% | $55 / Sq Ft | View Prior Sale |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- | |
| 10/31/2020 10/31/20 | For Sale | $130,000 | -- | $55 / Sq Ft |
Source: Realtracs
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 | $1,607 | $119,000 | $22,120 | $96,880 |
| 2024 | $1,607 | $65,440 | $11,080 | $54,360 |
| 2023 | $1,170 | $65,440 | $0 | $0 |
| 2022 | $2,239 | $46,960 | $11,080 | $35,880 |
| 2021 | $2,239 | $46,960 | $11,080 | $35,880 |
| 2020 | $1,924 | $46,960 | $11,080 | $35,880 |
| 2019 | $1,969 | $37,480 | $9,800 | $27,680 |
| 2018 | $1,924 | $37,480 | $9,800 | $27,680 |
| 2017 | $1,917 | $37,480 | $9,800 | $27,680 |
| 2016 | $1,917 | $37,480 | $9,800 | $27,680 |
| 2015 | -- | $37,480 | $0 | $0 |
| 2014 | -- | $37,480 | $0 | $0 |
| 2013 | -- | $36,520 | $0 | $0 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 2838727
APN: 099C-B-029.00
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