605 S Lake Dr Unit A Oneida, TN 37841
Estimated payment $3,845/month
Highlights
- 3.67 Acre Lot
- Balcony
- Central Heating and Cooling System
- Wood Flooring
About This Home
Now this is something special! Come see what opportunity looks like in Oneida, TN—close to the golf course and airport. There are endless possibilities here! Imagine your own gigantic family facility, equipped with four efficiency apartments, two one-bedroom apartments, and a three-bedroom, two-bath main house. This could be your income-producing home base! All of this on 3.6 Acres, so there's lots of room for everyone to spread out and enjoy being on the Lake! The list of awesome features here could go on and on, but don't wait - call today for your personal showing! Attention INVESTORS! This could be a cash cow! With six rental units already in place, converting the main house into additional units would be easy, and overnight rentals would pose no problem. opportunity to be creative! Gross income projections as long-term rental $65,000-$84,000 per year, as STR $75,000-$100,000! Whatever your heart's desire, this is an amazing opportunity! Priced below tax appraisal! Call Today for your personal showing
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,233
Year Built
- Built in 1967
Parking
- 1 Car Garage
- Driveway
- Off-Street Parking
Home Design
- Converted Dwelling
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 7,576 Sq Ft Home
- Living Quarters
Flooring
- Wood
- Laminate
- Tile
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Balcony
- 3.67 Acre Lot
Community Details
- 7 Units
- Ponderosa Estates Subdivision
Listing and Financial Details
- The owner pays for electricity, trash collection, insurance, common area maintenance, taxes, sewer, exterior maintenance, roof maintenance
- Assessor Parcel Number 061L B 008.00
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $189,550 | $0 | $0 |
| 2024 | -- | $189,550 | $24,775 | $164,775 |
| 2023 | $5,404 | $189,550 | $24,775 | $164,775 |
| 2022 | $1,758 | $44,350 | $16,525 | $27,825 |
| 2021 | $1,692 | $44,350 | $16,525 | $27,825 |
| 2020 | $1,096 | $44,350 | $16,525 | $27,825 |
| 2019 | $1,554 | $44,475 | $16,525 | $27,950 |
| 2018 | $1,554 | $44,475 | $16,525 | $27,950 |
| 2017 | $1,592 | $45,575 | $14,675 | $30,900 |
| 2016 | $1,551 | $45,575 | $14,675 | $30,900 |
| 2015 | $1,497 | $45,575 | $14,675 | $30,900 |
| 2014 | $1,497 | $45,575 | $14,675 | $30,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $650,000 | -- | $86 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $192,000 | -- | |
| Deed | $125,000 | -- | |
| Warranty Deed | $88,500 | -- | |
| Warranty Deed | $110,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $196,750 | New Conventional |
Source: East Tennessee REALTORS® MLS
MLS Number: 1323587
APN: 061L-B-008.00
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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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