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Oak Ridge 37830
105 Cherry Oak Drive
Photo of 105 Cherry Oak Drive
Sold on Apr 28, 2024

2

Map

Photo of 105 Cherry Oak Drive
$855,000
● House - Off Market

105 Cherry Oak Drive

Oak Ridge, TN 37830
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,900 Ft²
$4,128
Est. Monthly
$150
HOA / Fees

About This Property

Custom built and unique character house in newly renovated subdivision, Forrest Creek. Home boasts two main bedrooms on main floor and a fully unfinished basement with room to grow. White custom cabinets with dark gray island and white granite, stone fireplace, crown moulding and gas stove cooking. Midnight Shadow board and batten design, double entry front door, two car separated front entry garage with third bay in basement. Home sits in top rated school district and within minutes to shopping, mall, movie theater, Oak Ridge National Lab. Sidewalks and biking lanes in Oak Ridge offer a walkability and green community capability.
Unit Size
3,900 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$205
Property Type
House
Property Taxes
$54
HOA Dues
$150
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (Realtracs #RTC3288775)

Price History

Date / Event Date Event Price
Apr 28, 2024 Sold
Premium
Sold
Jun 8, 2023 Listed by JustHomesGroup $799,000
Listed by JustHomesGroup

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 800
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: RARITY OAKS SUB REV
  • Land Acres: 0000000270
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • Legal Description 1: DISTRICT: 2; SUBDIVISION: RARITY OAKS SUB REV

Neighborhood

  • School District Name: Oak Ridge City School District
  • School Tax School District: 73549
  • Census Tract: 980100

Geography

  • Assessors Map Reference: 015P
  • District: 02
  • Parcel: 073015P A 02700
  • Lot: 74-R
  • Municipality: OAK RIDGE
  • Latitude: 35.9673
  • Longitude: -84.3439

    Address

  • Full Address: 105 Cherry Oak Dr
  • Address - House Number: 105
  • Address - Street Name: Cherry Oak
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Oak Ridge
  • Carrier Code: C029
  • 4-Digit Zip Code: 5600
  • Zip Code: 37830

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $32,800
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 73D04

    Market Valuation

  • Market Total Value: $56,000
  • Market Land Value: $56,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,000
  • Assessed Land Value: $14,000

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4178
  • Previous Sale Recording Date: Oct 04, 2010
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Oak Ridge

Stats & Trends

Median Asking:

$383,650

Sale Price/ft²

$200

Above Asking

0.00%

Average Days on Market

84

Average Home Size

1696 ft²

Average Home Age

48.2 years

Currently For Sale

114 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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Realtracs

Listed by: Julia Hurley, JustHomesGroup
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3288775
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 105 Cherry Oak Drive built and last sold?
The property at 105 Cherry Oak Drive was built in and last sold on Apr 29, 2022 for $79,900.
How much is this home worth?
The estimated value of the home located at 105 Cherry Oak Drive is $806,990.
What are some comparable homes to 105 Cherry Oak Drive?
There are currently no comparable homes to 105 Cherry Oak Drive.
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