NOT LISTED FOR SALE

7799 Polar Dr Oak Ridge, NC 27310

Estimated Value: $916,000 - $1,100,000

0.92 Acre
$1,107,434 Price per Acre
40,119 Sq Ft Lot

Last Sold July 10, 2014

Last sale price $82,000 $27 Per Sq Ft

Est. 1,147% increase in value since last sale

Current estimated payment $6,036/month

175 Days on Market

About This Lot

As of July 2014

Welcome to Bear Creek -- an exclusive enclave of 23 custom home sites in the heart of Oak Ridge. All brick, 3,000 sq ft minimum, well and septic, natural gas available, and offering Oak Ridge and Northwest Schools. Builders and Buyers alike are welcome. Build now or hold for later. Both basement lots and crawl space lots available. Bring your own builder or use ours! Call listing agent for more details!

Last Agent to Sell the Property

Dede Cunningham

Keller Williams One License #266298 Listed on: 07/22/2012

Keller Williams One

Last Buyer's Agent

Dede Cunningham

Keller Williams One License #266298 Listed on: 07/22/2012

Keller Williams One

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $720

Lot Details

  • 0.92 Acre Lot
  • Property is zoned RS40

HOA Fees

  • $33 Monthly HOA Fees

Schools

  • Northwest Middle School
  • Northwest High School

Utilities

  • Well
  • Phone Available
  • Cable TV Available

Community Details

  • Beark Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0167570
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$720

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.921
  • Subdivision Name: Beark Creek
  • Directions: Hwy 68 N, R on hwy 150, R on Bunch, L on Brookbank, Subdivision on L
  • TRIADMLS_PhoneYN: Yes
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Utilities

  • Sewer: Septic Tank
  • Electric: Duke Power
  • Water Source: Well
  • TRIADMLS_CableYN: Yes
  • Gas Company: Type: Natural Gas

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Elementary School: Oak Ridge
  • High School: Northwest
  • Middle Or Junior School: Northwest

Lot Info

  • Parcel #: 0167570
  • Zoning: RS40
  • TRIADMLS_PricePerAcre: 89033.6591
  • TRIADMLS_PlatPage: 93
  • TRIADMLS_DeedPage: 873
  • TRIADMLS_DeedBook: 6740
  • TRIADMLS_PlatBook: 172
  • TRIADMLS_AcresRange: 0 - 100

Tax Info

  • Tax Annual Amount: 720.31
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.9524

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2015
Sold by
True Homes Llc
Bought by
Wei Jianjun and He Li
Current Estimated Value
$1,022,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 22, 2012
Closed on
Jul 10, 2014
Bought by
True Homes Llc
Seller's Agent
Dede Cunningham
Keller Williams One
Buyer's Agent
Dede Cunningham
Keller Williams One
List Price
$82,500
Sold Price
$82,000
Premium/Discount to List
-$500
-0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.09%

Purchase Details

Closed on
Jun 14, 2007
Bought by
Oak Ridge Developers Inc
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
Wei Jianjun $506,000 Chicago Title Co Llc
True Homes Llc $164,000 --
Oak Ridge Developers Inc $960,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Jianjun $423,400
Closed Wei Jianjun $430,000
Closed Wei Jianjun $430,000
Closed Wei Jianjun $120,000
Previous Owner Wei Jianjun $340,000
Previous Owner True Homes Llc $388,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2014 07/10/14 Sold $82,000 -0.6% $27 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
07/22/2012 07/22/12 For Sale $82,500 -- $27 / Sq Ft
Source: Triad 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
2023 $5,175 $554,500 $90,000 $464,500
2022 $5,036 $554,500 $90,000 $464,500
2021 $4,499 $495,400 $82,000 $413,400
2020 $4,499 $495,400 $82,000 $413,400
2019 $4,499 $495,400 $0 $0
2018 $4,477 $495,400 $0 $0
2017 $4,499 $495,400 $0 $0
2016 $4,494 $485,300 $0 $0
2015 $698 $75,000 $0 $0
2014 $706 $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 648699

Triad MLS

APN: 0167570