NOT LISTED FOR SALE

432 W Outer Dr Oak Ridge, TN 37830

Estimated Value: $213,961 - $302,000

Studio
2 Baths
1,425 Sq Ft
$181/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $167,000 $117 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,448/month

15 Days on Market

Highlights

  • 0.4 Acre Lot
  • Covered Patio or Porch
  • Central Heating
  • Willow Brook Elementary Rated A-
  • Tile Flooring
  • 2-minute walk to Highland View Park

About This Home

As of September 2021

It is time to expand your rental portfolio with this conveniently located Oak Ridge duplex! Duplex was gutted in 2007 and the following updates were done: new sheetrock, floors, bathrooms, cabinets, appliances, siding, windows. New roof put on in 2011. New HVAC in unit 432 put in 2010. Buyer must assume current lease agreement and honor all terms until lease end date. Lease terms for unit 432: rented for $575 per month. Lease end date is 9-30-21. Lease terms for unit 434: rented for $600 per month. Lease is month to month. Utilities paid by renters and on separate meters. Prorated damage deposit and rent will be transferred to new buyer at closing. 3D Virtual tour walk through attached to listing

Last Agent to Sell the Property

Nikki Heightchew

Keller Williams Realty License #329450 Listed on: 07/01/2021

Keller Williams Realty

Last Buyer's Agent

Solange Velas

Goldman Partners Realty, LLC License #263596

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $837

Year Built

  • Built in 1943

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 78x195x197x95

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,425 Sq Ft Home
  • Vinyl Clad Windows

Flooring

  • Carpet
  • Tile

Schools

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

Additional Features

  • Covered Patio or Porch
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Property Available on 7/8/21
  • The owner pays for lawn maintenance
  • Assessor Parcel Number 099C A 041.00 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$837

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Directions: Follow S Illinois Ave to Hillside Rd (On right), turn left on Highland Ave then left on W Outer Dr - property will be on your right. Sign is in the front yard.
  • Prop. Type: Multi-Family
  • Year Built: 1943
  • Lot Size Acres: 0.4
  • Lot Size: 78x195x197x95
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Owner Pays: Lawn Maintenance
  • Flooring: Carpet, Tile

Exterior Features

  • Exterior Features: Windows - Vinyl, Porch - Covered
  • Construction Type: Vinyl Siding

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: 17424.0
  • Parcel #: 099C A 041.00 000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2021-07-08

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14100.0

Tax Info

  • Tax Annual Amount: 836.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Sep 7, 2021
Sold by
Mullins Kimberley A and Mullins Robert C
Bought by
Hatch Shane W
Seller's Agent
Nikki Heightchew
Keller Williams Realty
Buyer's Agent
Solange Velas
Goldman Partners Realty, LLC
Sold Price
$167,000
Current Estimated Value
$258,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,320
Avg. Annual Appreciation
10.47%
Original Mortgage
$132,000
Outstanding Balance
$98,715
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$159,605

Purchase Details

Closed on
May 3, 2007
Sold by
Moore Robert D
Bought by
Mullins Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,215
Interest Rate
6.12%

Purchase Details

Closed on
Jun 29, 1988
Bought by
Mullins Robert C and Mullins Wife Kimberley A
Source: Public Records
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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
Hatch Shane W $187,000 Admiral Title Inc
Mullins Robert C $61,620 --
Mullins Robert C $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatch Shane W $132,000
Previous Owner Mullins Robert C $46,215
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2021 09/14/21 Sold $167,000 -- $117 / 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
2025 $1,268 $96,040 $22,400 $73,640
2024 $1,268 $51,640 $11,200 $40,440
2023 $1,268 $51,640 $0 $0
2022 $2,463 $51,640 $11,200 $40,440
2021 $1,725 $51,640 $11,200 $40,440
2020 $1,520 $36,160 $11,200 $24,960
2019 $1,556 $29,600 $10,000 $19,600
2018 $1,520 $29,600 $10,000 $19,600
2017 $1,514 $29,600 $10,000 $19,600
2016 $1,514 $29,600 $10,000 $19,600
2015 -- $29,600 $0 $0
2014 -- $29,600 $0 $0
2013 -- $33,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1158609

East Tennessee REALTORS® MLS

APN: 099C-A-041.00