NOT LISTED FOR SALE

416 W Outer Dr Oak Ridge, TN 37830

Estimated Value: $319,343 - $583,000

-- Bed
2 Baths
3,216 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $325,000 $101 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,463/month

98 Days on Market

Highlights

  • 0.44 Acre Lot
  • Landscaped Professionally
  • Balcony
  • Robertsville Middle School Rated A
  • Wood Flooring
  • 4-minute walk to Highland View Park

About This Home

As of May 2022

This is a great tri plex located in Oak Ridge, This building has plenty of parking and all 3 units have been updated. 414 W Outer is a 3 bedroom 2 bath under THDA housing voucher and 416 and 418 are both 1 bedroom 1 bath units. The location is convenient to everything.

All 3 units have long term tenants.

Last Agent to Sell the Property

Steve Smith

Realty Executives Associates License #299386 Listed on: 11/13/2021

Realty Executives Associates

Last Buyer's Agent

Jonathan Engle

Realty Executives Associates License #365879

Realty Executives Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1943

Lot Details

  • 0.44 Acre Lot
  • Landscaped Professionally

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,216 Sq Ft Home
  • Insulated Windows

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Brick
  • Carpet
  • Tile

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Zoned Heating System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for trash collection, taxes, insurance
  • Assessor Parcel Number 099c a 037.00

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $4,200
  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,056

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Directions: Pellissippi Parkway to Illinois Avenue to W Outer Drive turn right follow it approx 1.5 mile to 416 W Outer on left.
  • Prop. Type: Multi-Family
  • Year Built: 1943
  • Lot Size Acres: 0.44
  • Lot Size: .044
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave
  • Owner Pays: Trash Collection, Taxes, Insurance
  • Flooring: Hardwood, Carpet, Brick, Other, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Insulated, Detached Workshop, Prof Landscaped, Doors - Storm, Cable Available (TV Only), Balcony
  • Construction Type: Brick

Utilities

  • Heating: Central
  • Heating Yn: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 19166.0
  • Parcel #: 099c a 037.00
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 24600.0
  • Property Net Operating Income: 20400.0
  • Annual Operating Expense: 4200.0

Tax Info

  • Tax Annual Amount: 1055.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
May 26, 2022
Sold by
Brewer Iii Milburn C
Bought by
Kurka Mira and Hanington Gary
Seller's Agent
Steve Smith
Realty Executives Associates
Buyer's Agent
Jonathan Engle
Realty Executives Associates
List Price
$410,000
Sold Price
$325,000
Premium/Discount to List
-$85,000
-20.73%
Current Estimated Value
$432,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,230
Avg. Annual Appreciation
5.45%

Purchase Details

Listed on
Mar 30, 2015
Closed on
Aug 22, 2016
Sold by
Gray Patricia S and Anderson Janice B
Bought by
Brewer Milburn C
Seller's Agent
Kenton Young
Realty Executives Associates
Buyer's Agent
Penny Rogers
Realty Executives Associates
Sold Price
$112,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.28%
Original Mortgage
$102,564
Interest Rate
3.41%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 30, 2015
Closed on
Aug 19, 2016
Sold by
Anderson Janice B
Bought by
Brewer Milburn C
Seller's Agent
Kenton Young
Realty Executives Associates
Buyer's Agent
Penny Rogers
Realty Executives Associates
Sold Price
$112,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,564
Interest Rate
3.41%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 8, 2007

Purchase Details

Closed on
Aug 2, 2007
Bought by
Anderson Janice B and Anderson Patricia S Gray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,800
Interest Rate
6.56%

Purchase Details

Closed on
Aug 19, 2002
Bought by
Browning Deborah S and Weiskittel Husband Roland

Purchase Details

Closed on
Jul 9, 1999
Bought by
Beams Rebecca L and Beams Others
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
Kurka Mira $325,000 Southeast Title & Escrow
Brewer Milburn C $112,000 --
Brewer Milburn C $112,000 --
-- -- --
Anderson Janice B $12,100 --
Browning Deborah S $128,000 --
Beams Rebecca L $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brewer Milburn C $102,564
Previous Owner Beams Rebecca L $96,800
Previous Owner Huskins Trina Y $130,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $325,000 -19.8% $101 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/29/2022 04/29/22 Price Changed $405,000 -1.2% $126 / Sq Ft
01/24/2022 01/24/22 For Sale $410,000 +266.1% $127 / Sq Ft
08/19/2016 08/19/16 Sold $112,000 -- $35 / 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 $2,027 $82,520 $11,600 $70,920
2023 $2,027 $82,520 $0 $0
2022 $3,936 $82,520 $11,600 $70,920
2021 $2,177 $45,640 $8,680 $36,960
2020 $1,479 $45,640 $8,680 $36,960
2019 $1,513 $28,800 $7,040 $21,760
2018 $1,479 $28,800 $7,040 $21,760
2017 $1,473 $28,800 $7,040 $21,760
2016 $1,473 $28,800 $7,040 $21,760
2015 -- $28,800 $0 $0
2014 -- $28,800 $0 $0
2013 -- $27,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Steve Smith

    Realty Executives Associates

    Section Image
  • Jonathan Engle

    Buyer's Agent in 2022

    Jonathan Engle

    Realty Executives Associates

    (423) 676-1881

    9 in this area

    74 Total Sales

    Section Image

  • K

    Seller's Agent in 2016

    Kenton Young

    Realty Executives Associates

  • P

    Buyer's Agent in 2016

    Penny Rogers

    Realty Executives Associates

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1173594

East Tennessee REALTORS® MLS

APN: 099C-A-037.00

Tennessee Anderson County Oak Ridge 37830

416 W Outer Dr, Oak Ridge, TN

This home is located at 416 W Outer Dr, Oak Ridge, TN 37830 since 13 November 2021 and is currently estimated at $429,448, approximately $133 per square foot. This property was built in 1943. 416 W Outer Dr is a home located in Anderson County with nearby schools including Willow Brook Elementary, Robertsville Middle School, and Oak Ridge High School.

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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