NOT LISTED FOR SALE

740 W Outer Dr Oak Ridge, TN 37830

-- Bed
-- Bath
1,400 Sq Ft
7,841 Sq Ft Lot

Last Sold July 15, 2020

Last sale price $122,000 $87 Per Sq Ft

84 Days on Market

Highlights

  • Wood Flooring
  • Handicap Accessible
  • Heating System Uses Natural Gas
  • Linden Elementary Rated A

About This Home

As of July 2020

NICELY KEPT OAK RIDGE DUPLEX, FULLY RENTED & RECENTLY UPDATED + 11% CASH RETURN!
These attractive, one level units are all two bedrooms, with spacious living rooms and kitchens. Both sides have stoves, refrigerators, dishwashers & washer/dryer connections plus new combo heat/air units. Additionally, there is fresh siding and windows and as an added bonus, residents pay all utilities including water plus City picks up trash. With a strong cash flow & recent upgrades, this investment is perfect for a first time investor or owner occupant. Please note that the shed is the property of the resident on right side and does not convey. Square footage is from tax records, is not guaranteed and should be verified..

Last Agent to Sell the Property

Solange Velas

Goldman Partners Realty, LLC License #263596 Listed on: 02/26/2020

Last Buyer's Agent

Amber Fawcett

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $574

Year Built

  • Built in 1943

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 87x86

Home Design

  • 1,400 Sq Ft Home
  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Gravel Driveway
  • On-Site Parking

Additional Features

  • Dishwasher
  • Handicap Accessible
  • Heating System Uses Natural Gas

Listing and Financial Details

  • The owner pays for taxes
  • Assessor Parcel Number 099 H A 037.00

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,788
  • Net Operating Income $9,812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$574

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Directions: TN 162 to Oak Ridge. Cross the Turnpike. At top of hill, turn left onto West Outer. Property will be on the right.
  • Prop. Type: Multi-Family
  • Year Built: 1943
  • Lot Size Acres: 0.18
  • Lot Size: 87x86
  • General Property Description:Lot Size SqFt: 7841.0
  • Siding:Vinyl2: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Description:Driveway: Gravel
  • Roof:Shingle: Yes
  • Property Sub-Type:Duplex: Yes
  • Roof:Composition: Yes
  • Roof:Asphalt: Yes
  • Exterior Features:Handicap Accessible2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Washer, Refrigerator
  • Owner Pays: Taxes
  • Flooring: Hardwood, Vinyl, Other
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Other27: Yes

Exterior Features

  • Exterior Features: Handicap Accessible
  • Construction Type: Vinyl Siding, Frame
  • Construction:Frame: Yes

Garage/Parking

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

Utilities

  • Heating: Natural Gas, Other, Electric
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 7841.0
  • Parcel #: 099 H A 037.00
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15600.0
  • Property Net Operating Income: 9812.0
  • Annual Operating Expense: 5788.0

Tax Info

  • Tax Annual Amount: 574.46

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
07/15/2020 07/15/20 Sold $122,000 -- $87 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Solange Velas

    Seller's Agent in 2020

    Solange Velas

    Goldman Partners Realty, LLC

    (865) 444-3240

    14 in this area

    151 Total Sales

    Solange Velas
    Section Image

  • A

    Buyer's Agent in 2020

    Amber Fawcett

    Keller Williams Realty

    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1109095

East Tennessee REALTORS® MLS
Tennessee Anderson County Oak Ridge 37830

740 W Outer Dr, Oak Ridge, TN

This home is located at 740 W Outer Dr, Oak Ridge, TN 37830 since 26 February 2020. This property was built in 1943. 740 W Outer Dr is a home located in Anderson County with nearby schools including Linden Elementary, Robertsville Middle School, and Oak Ridge High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS 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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