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1045 West Outer Drive

1045 West Outer Drive, Oak Ridge, TN 37830
House in Roane
Sold Sep 09, 2020
$286,000
$257,400 by Mortgage Investors Corp
Mortgage Due Sep 01, 2050
Sold Oct 31, 2003
$208,000
1045 West Outer Drive has been categorized by the local assessors in Oak Ridge, TN as a residential type of property. The building on the property was first built in 1968 and is 56 years old. However, we must point out that the home was most recently renovated and altered in 1999. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1045 West Outer Drive has 2,060 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 2,100 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,090 ft and across the front of the lot is 1,130 ft. The area measurement of the land has been determined as 27,007 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Aug 22, 2020 for $286,000. That's $138.83 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $208,000. 1045 West Outer Drive was last assessed in 2022. The total value of the property was assessed at $55,225. Specifically, the land the property is located on was valued at $7,250. While improvements on the property were assessed at a total of $47,975. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,292. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 2,100
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 27,007
  • Lot Size Depth Feet: 2,090
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 2,060
  • Building Area: 2,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: OAK HILLS ESTATES SE
  • Land Acres: 0.62
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 2; SUBDIVISION: OAK HILLS ESTATES SEC R; BLOCK: B2W

Ownership

  • Current Owner : FAIRCHIL KEYS SHERRIE L
  • Previous Owner : MORRIS JAMES R
  • Previous Owner 2: MORRIS JANE K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oak Ridge City School District
  • School Tax School District: 73549
  • Census Tract: 030100

Geography

  • Assessors Map Reference: 009I
  • District: 02
  • Parcel: 073009P A 01500
  • Block: B2W
  • Lot: 7
  • Municipality: OAK RIDGE
  • Latitude: 35.992
  • Longitude: -84.3366

    Address

  • Full Address: 1045 W Outer Dr
  • Address - House Number: 1045
  • Street Direction: W
  • Address - Street Name: Outer
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Oak Ridge
  • Carrier Code: C028
  • 4-Digit Zip Code: 8634
  • Zip Code: 37830

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,292
  • Tax Rate Code Area: 73D04

    Appraisal Valuation

  • Standard Deviation: 0.1467
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 70
  • Final Value: 311,645
  • High Value: 357,380
  • Low Value: 265,909

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $257,400
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS CORP
  • First Open Lien Mortgage Recording Date: Sep 09, 2020
  • First Open Lien Mortgage Loan Amount: $257,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $220,900
  • Market Land Value: $29,000
  • Market Improvement Value: $191,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,225
  • Assessed Land Value: $7,250
  • Assessed Improvements Value: $47,975

    Sales

  • Current Sale Contract Date: Aug 22, 2020
  • Current Sale Recording Date: Sep 09, 2020
  • Current Sale Transaction ID: 11787564430
  • Current Sale Price: $286,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20006666
  • Previous Sale Recording Date: Oct 31, 2003
  • Previous Sale Amount: $208,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS CORP
  • First Mortgage Transaction Date: Sep 09, 2020
  • First Mortgage Loan Amount: $257,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Oak Ridge



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Frequently Asked Questions

What neighborhood is 1045 West Outer Drive located in?
The 1045 West Outer Drive is a house located in the neighborhood of Roane in Oak Ridge, Oak Ridge.
What is the average sales price for listings in 1045 West Outer Drive?
The average sales price for units in 1045 West Outer Drive is $0 currently.

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