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111 East Rarity Ridge Parkway

111 East Rarity Ridge Parkway, Oak Ridge, TN 37830
House in Roane
Sold Nov 06, 2020
$269,000
$264,127 by Keller Mortgage Llc
Mortgage Due Dec 01, 2050
Sold Aug 01, 2019
$255,000
Local assessors in Oak Ridge, TN have categorized 111 East Rarity Ridge Parkway as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 7,405 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 111 East Rarity Ridge Parkway has a total of 2,524 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a unknown for those who need a place to park their vehicle. The garage on the property is 672 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Nov 5, 2020 for $269,000. That's $106.58 per sqft. Prior to that sales transaction, the property was also sold in Jul 29, 2019 for $255,000. 111 East Rarity Ridge Parkway was last assessed in 2022. The total value of the property was assessed at $62,650. Specifically, the land the property is located on was valued at $4,250. While improvements on the property were assessed at a total of $58,400. 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 $1,466. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,524
  • Building Area: 2,524
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,524
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RARITY RIDGE PHASE 7 SUBAREA G
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 3; SUBDIVISION: RARITY RIDGE PHASE 7

Ownership

  • Current Owner : MONK KEVIN LEON
  • Current Owner 2: MONK KELLI
  • Previous Owner : SMITHBILT LLC
  • Owner Before Previous Owner: RL REGI TN OAK LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oak Ridge City School District
  • School Tax School District: 73549
  • Census Tract: 030206

Geography

  • Assessors Map Reference: 039K
  • District: 03
  • Parcel: 073039K A 02600
  • Lot: 568
  • Municipality: OAK RIDGE
  • Latitude: 35.9069
  • Longitude: -84.4139

    Address

  • Full Address: 111 E Rarity Ridge Pkwy
  • Address - House Number: 111
  • Street Direction: E
  • Address - Street Name: Rarity Ridge
  • Address - Suffix Type: Pkwy
  • State: TN
  • City Name: Oak Ridge
  • Carrier Code: H078
  • 4-Digit Zip Code: 2401
  • Zip Code: 37830

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,466
  • Tax Rate Code Area: 73D04

    Appraisal Valuation

  • Standard Deviation: 0.1345
  • Valuation Date: Jan 25, 2023
  • Confidence Score: 73
  • Final Value: 23,678
  • High Value: 26,864
  • Low Value: 20,491

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $289,127
  • First Open Lien Mortgage Lender: KELLER MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 06, 2020
  • First Open Lien Mortgage Loan Amount: $264,127
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050
  • Second Open Lien Mortgage Lender: Y-12 FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Sep 26, 2022
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $250,600
  • Market Land Value: $17,000
  • Market Improvement Value: $233,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,650
  • Assessed Land Value: $4,250
  • Assessed Improvements Value: $58,400

    Sales

  • Current Sale Contract Date: Nov 05, 2020
  • Current Sale Recording Date: Nov 06, 2020
  • Current Sale Transaction ID: 11806152688
  • Current Sale Price: $269,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20008569
  • Previous Sale Recording Date: Aug 01, 2019
  • Previous Sale Contract Date: Jul 29, 2019
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KELLER MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 06, 2020
  • First Mortgage Loan Amount: $264,127
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

About Oak Ridge



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Nearby Rentals

Unit for rent at 134 Hardinberry St, Oak Ridge, TN, 37830

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,183 ft²
134 Hardinberry St, Oak Ridge, TN, 37830 Listing by Sheila Morgan

Frequently Asked Questions

What neighborhood is 111 East Rarity Ridge Parkway located in?
The 111 East Rarity Ridge Parkway is a house located in the neighborhood of Roane in Oak Ridge, Oak Ridge.
What is the average sales price for listings in 111 East Rarity Ridge Parkway?
The average sales price for units in 111 East Rarity Ridge Parkway is $0 currently.

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