NOT LISTED FOR SALE

530 Second Norway Ln Oliver Springs, TN 37840

Estimated Value: $315,000 - $367,000

3 Beds
2 Baths
1,904 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $270,000 $142 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,964/month

3 Days on Market

Highlights

  • Home fronts a creek
  • Wooded Lot
  • Separate Formal Living Room
  • Deck
  • Traditional Architecture
  • Cooling Available

About This Home

As of May 2022

You are going to love the park-like setting for this home that is so close to all the conveniences, Oak Ridge, ORNL & West Knoxville This cute basement rancher, features 3 large bedrooms,2 full baths nestled in nearly 5 lovely, private acres. Oversized deck overlooks extra-large flat yard.There is a small pond and barn, huge mature trees. Beautiful hardwood floors in the living room.The metal roof, tankless hot water heater & tiled floors in the kitchen & bathrooms are only 7 years old. SS appliances. Adjoining the master suite is a bonus room/office that has been used as an additional bedroom.The master bath features a jetted tub, new tile floor & vanity. Rooms freshly painted in neutral colors & windows give a bright, airy feel. Also,an unfinished 1,100 sf, walkout basement.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,435

Year Built

  • Built in 1960

Lot Details

  • 4.7 Acre Lot
  • Home fronts a creek
  • Level Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,904 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Separate Formal Living Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System

Community Details

  • Norway Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 092N B 00800 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,435

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1960
  • Unit Levels: One
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor, Kitchen Island
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Washer
  • Fireplace: No
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Exterior Entry
  • Above Grade Finished Sq Ft: 1904
  • Building Area Units: Square Feet
  • Living Area: 1904
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame, Vinyl Siding, Other
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront Features: Creek
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Other, Wooded, Level, Rolling Slope
  • Lot Size Acres: 4.7
  • Lot Size Units: Acres
  • Parcel #: 092N B 00800 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1435

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2023
Sold by
Shine Joshua Mark
Bought by
Shine Ashly Nicole
Current Estimated Value
$345,016

Purchase Details

Listed on
Apr 29, 2022
Closed on
May 20, 2022
Sold by
Erica Washington
Bought by
Shine Joshua Mark and Shine Ashly Nicole
List Price
$225,000
Sold Price
$270,000
Premium/Discount to List
$45,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$150,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2017
Sold by
Mencsik Shanda
Bought by
Washington William D and Washington Erica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,373
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2017
Sold by
Mencsik Stephen Lee
Bought by
Mencsik Shanda

Purchase Details

Closed on
Oct 9, 2015
Sold by
Mcollum Gregory
Bought by
Mencsik Stpehen Lee and Menesik Shanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,244
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2013
Sold by
Mccollum Gregory
Bought by
Mccollum Gregory and Mccollum Glenda M

Purchase Details

Closed on
Oct 23, 2013
Sold by
Caldwell David James
Bought by
Mccollum Gregory

Purchase Details

Closed on
Jun 26, 1991
Bought by
Caldwell David J and Caldwell Anna C Hampton

Purchase Details

Closed on
Jun 23, 1988
Bought by
Smith Pauline B
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
Shine Ashly Nicole -- None Listed On Document
Shine Joshua Mark $270,000 Cantrell Law Firm
Washington William D $145,900 Concord Title
Mencsik Shanda -- None Available
Mencsik Stpehen Lee $110,000 --
Mccollum Gregory -- --
Mccollum Gregory $55,000 --
Caldwell David J $36,000 --
Smith Pauline B $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shine Joshua Mark $150,000
Previous Owner Washington William D $147,373
Previous Owner Mencsik Stpehen Lee $112,244
Previous Owner Caldwell David J $23,476
Previous Owner Caldwell David J $57,000
Previous Owner David Caldwell $21,000
Previous Owner David Caldwell $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $270,000 +20.0% $142 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $225,000 -- $118 / Sq Ft
Source: Realtracs

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 $1,002 $38,125 $10,950 $27,175
2023 $1,002 $38,125 $0 $0
2022 $1,435 $38,125 $10,950 $27,175
2021 $1,435 $38,125 $10,950 $27,175
2020 $1,002 $38,125 $10,950 $27,175
2019 $1,419 $33,700 $10,950 $22,750
2018 $1,385 $33,700 $10,950 $22,750
2017 $1,385 $33,700 $10,950 $22,750
2016 $1,385 $33,700 $10,950 $22,750
2015 -- $33,700 $10,950 $22,750
2014 -- $33,700 $10,950 $22,750
2013 -- $37,825 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2839457

Realtracs

APN: 092N-B-008.00