NOT LISTED FOR SALE

524 First Norway Ln Oliver Springs, TN 37840

Estimated Value: $207,000 - $286,000

1 Bed
1 Bath
1,068 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $199,900 $187 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,394/month

29 Days on Market

Highlights

  • Private Lot
  • No HOA
  • Formal Dining Room
  • Traditional Architecture
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of July 2023

Great property on large level lot just waiting for you. Perfect location. Enjoy your own guest house that has 2 bedrooms, kitchen, and bathroom. Bring the ATV's and enjoy the mountain.

Last Agent to Sell the Property

Debra Lively

Realty Executives Associates on the Square License #298483 Listed on: 05/12/2023

Realty Executives Associates on the Square

Last Buyer's Agent

Georgia Seals

Keller Williams License #363643

Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $194

Year Built

  • Built in 1972

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 100 x 400
  • Chain Link Fence
  • Private Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,068 Sq Ft Home
  • Electric Fireplace
  • Vinyl Clad Windows
  • Formal Dining Room
  • Storage
  • Washer and Dryer Hookup
  • Vinyl Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Carport
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Norway Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 092N B 027.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$194

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: From Oak Ridge to Oliver Springs (R) onto Midway Dr to slight (L) onto Airport Rd (L) onto First Norway. Property on right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1972
  • Lot Size Acres: 0.92
  • Lot Size: 100 x 400
  • Subdivision Name: Norway Sub
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1068.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Lot Description:Private: Yes
  • Dining Area:Formal Dining Area: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Flooring: Vinyl
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace:Electric4: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Porch - Covered, Fence - Chain, Cable Available (TV Only)
  • Lot Features: Private, Level
  • Construction Type: Vinyl Siding, Other, Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Fence - Chain: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Exterior Features:Windows - Vinyl: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Off-Street Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Carport: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 40075.2
  • Parcel #: 092N B 027.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 194.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jul 18, 2023
Sold by
Daniels Elona M
Bought by
Burger Jodi May
Seller's Agent
Debra Lively
Realty Executives Associates on the Square
Buyer's Agent
Georgia Seals
Keller Williams
List Price
$199,900
Sold Price
$199,900
Views
45
Current Estimated Value
$246,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,347
Avg. Annual Appreciation
10.39%
Original Mortgage
$193,903
Outstanding Balance
$189,594
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$56,653

Purchase Details

Listed on
Mar 3, 2014
Closed on
Jun 4, 2014
Sold by
Williams Jacquelyn L Watkins Willi
Bought by
Daniels Elona M
Seller's Agent
Peggy Hanrahan
Realty Center
Buyer's Agent
Debra Lively
Realty Executives Associates on the Square
Sold Price
$56,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%
Original Mortgage
$57,908
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2006
Sold by
Watkins William L
Bought by
Williams Jacquelyn L

Purchase Details

Closed on
Jun 21, 2006
Bought by
Watkins Revocable Trust William Watkins Co Tr
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
Burger Jodi May $199,900 Concord Title
Daniels Elona M $56,750 --
Williams Jacquelyn L -- --
Watkins Revocable Trust William Watkins Co Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burger Jodi May $193,903
Previous Owner Daniels Elona M $57,908
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $199,900 0.0% $187 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $199,900 0.0% $187 / Sq Ft
06/01/2023 06/01/23 For Sale $199,900 -4.8% $187 / Sq Ft
05/23/2023 05/23/23 Pending -- -- --
05/23/2023 05/23/23 For Sale $209,900 +5.0% $197 / Sq Ft
05/12/2023 05/12/23 Off Market $199,900 -- --
05/12/2023 05/12/23 For Sale $209,900 +269.9% $197 / Sq Ft
06/04/2014 06/04/14 Sold $56,750 -- $50 / 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 $657 $25,000 $5,625 $19,375
2023 $450 $25,000 $0 $0
2022 $644 $17,100 $5,625 $11,475
2021 $644 $17,100 $5,625 $11,475
2020 $692 $17,100 $5,625 $11,475
2019 $691 $16,825 $5,625 $11,200
2018 $691 $16,825 $5,625 $11,200
2017 $691 $16,825 $5,625 $11,200
2016 $691 $16,825 $5,625 $11,200
2015 -- $16,825 $5,625 $11,200
2014 -- $16,825 $5,625 $11,200
2013 -- $18,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1226895

East Tennessee REALTORS® MLS

APN: 092N-B-027.00