NOT LISTED FOR SALE

480 W Outer Dr Unit 480-482 Oak Ridge, TN 37830

Estimated Value: $144,551 - $255,000

-- Bed
2 Baths
1,225 Sq Ft
$166/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $155,000 $127 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,136/month

Highlights

  • 0.49 Acre Lot
  • Main Floor Bedroom
  • Tile Flooring
  • Willow Brook Elementary Rated 9+
  • Covered Patio or Porch
  • 3-minute walk to Highland View Park

About This Home

As of April 2021

!!MULTIPLE OFFERS - please submit your best offer by 3-28-2021 at 6pm with a response time of 3-28-21 at 10pm!! Duplex was gutted in 2008 and the following updates were done: new sheetrock, floors, bathrooms, cabinets, appliances, plumbing, windows, HVAC. New roof put on in 2015. New hot water heater in unit 480 as of 2019. Buyer must assume current lease agreement and honor all terms until lease end date. Lease terms for unit 480: rented for $625 per month (this does include a $25 monthly pet fee). Lease end date is 3-31-2022. Lease terms for unit 482: rented for $600 per month. Lease end date is 3-31-2022. Utilities paid by renters and on separate meters. Prorated damage deposit and pet deposit 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: 03/19/2021

Keller Williams Realty

Last Buyer's Agent

Stephanie Benson

Realty Executives Associates on the Square License #355466

Realty Executives Associates on the Square

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $759

Year Built

  • Built in 1943

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 115 x 195 x 100

Parking

  • On-Site Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Main Floor Bedroom
  • 1,225 Sq Ft Home
  • Vinyl Clad Windows
  • Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile
  • Vinyl

Schools

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

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Property Available on 3/25/21
  • The owner pays for taxes, lawn maintenance
  • Assessor Parcel Number 099B A 001.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$759

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: 0.49
  • Lot Size: 115 X 195 X 100
  • General Property Description:Lot Size SqFt: 21344.0
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Floors:Tile2: Yes
  • General Property Description:Driveway: Gravel, on lot
  • Roof:Shingle: Yes
  • Miscellaneous:WasherDryer Cnctns: Yes
  • Property Sub-Type:Duplex: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Owner Pays: Taxes, Lawn Maintenance
  • Flooring: Carpet, Vinyl, Tile
  • Appliances Range: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Bedroom Main Level: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking
  • GarageParking:On Premise Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 21344.0
  • Parcel #: 099B A 001.00
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2021-03-25

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 758.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
Blackhawk Family Limited Partnership
Bought by
Blackhawk Family Limited Partnership
Current Estimated Value
$203,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$193,764
Interest Rate
6.92%
Mortgage Type
Credit Line Revolving
Estimated Equity
$10,086

Purchase Details

Listed on
Mar 19, 2021
Closed on
Apr 23, 2021
Sold by
Mullins Robert Charles and Mullins Kimberley Ann
Bought by
Blackhawk Family Limited Partnershi
Seller's Agent
Nikki Heightchew
Keller Williams Realty
Buyer's Agent
Stephanie Benson
Realty Executives Associates on the Square
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Jul 7, 2008
Sold by
1212 Ventures Llc
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
$38,400
Interest Rate
6.03%

Purchase Details

Closed on
Jun 26, 2008
Sold by
Lane Lynette M
Bought by
1212 Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
6.03%

Purchase Details

Closed on
Apr 30, 1990
Bought by
Humphrey Calvin T and Humphrey Wife Wilma

Purchase Details

Closed on
Jan 1, 1987
Source: Public Records

Range of Values:

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Average Value
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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
Blackhawk Family Limited Partnership -- --
Blackhawk Family Limited Partnershi $155,000 Tennessee Title Services Llc
Mullins Robert C $48,000 --
1212 Ventures Llc $45,800 --
Humphrey Calvin T $24,000 --
-- $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blackhawk Family Limited Partnership $200,000
Previous Owner -- $38,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $155,000 -- $127 / 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 $806 $32,800 $10,880 $21,920
2023 $806 $32,800 $0 $0
2022 $1,565 $32,800 $10,880 $21,920
2021 $1,565 $32,800 $10,880 $21,920
2020 $806 $32,800 $10,880 $21,920
2019 $1,410 $26,840 $9,600 $17,240
2018 $1,378 $26,840 $9,600 $17,240
2017 $1,372 $26,840 $9,600 $17,240
2016 $1,372 $26,840 $9,600 $17,240
2015 -- $26,840 $0 $0
2014 -- $26,840 $0 $0
2013 -- $27,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1146428

East Tennessee REALTORS® MLS

APN: 099B-A-001.00