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389 East Drive

389 East Drive, Oak Ridge, TN 37830
House in Anderson
Sold Oct 04, 2023
$395,000
$387,845 by Mortgage Investors Group
Mortgage Due Nov 01, 2053
Sold Aug 11, 2021
$290,000
$232,000 by Sirva Mortgage Inc
Mortgage Due Sep 01, 2051
389 East Drive in Oak Ridge, TN was first built in 1957 and is 67 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 389 East Drive has 2,737 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,598 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 30,056 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 389 East Drive was last sold in Sep 28, 2023 for $395,000. According to our calculations, that's $123.59 per sqft. Prior to that sales transaction, the property was sold for $290,000 in Aug 10, 2021. Current property owners are expected to pay $1,330 in taxes per year. The property on 389 East Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $57,825. To break that down further, the land itself was valued at $6,250. While improvements to the property were assessed at a total of $51,575. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • 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: Wood
  • Basement Type: Partial basement
  • Basement Area: 1,598
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 3,196
  • Gross Building Area: 3,196
  • Building Area: 2,737
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,737
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BLOCK 0B22 LOT 0046
  • Land Acres: 0.69
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PB: 3 PG: 1C BLK: 13-CL LOT: 46

Ownership

  • Current Owner : COLWELL LINDY
  • Current Owner 2: NELSON CHRISTOPHER J
  • Previous Owner : HAGOOD JOHN GARRETT
  • Previous Owner 2: HAGOOD COURTNEY
  • Owner Before Previous Owner: HOBEIKA RABIH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Oak Ridge City School District
  • School Tax School District: 01549
  • Census Tract: 020300

Geography

  • Assessors Map Reference: 087N
  • District: 02
  • Parcel: 087N-A-034.00
  • Block: 13-CL
  • Lot: 46
  • Municipality: ANDERSON - OAK RIDGE
  • Latitude: 36.053
  • Longitude: -84.2236

    Address

  • Full Address: 389 East Dr
  • Address - House Number: 389
  • Address - Street Name: East
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Oak Ridge
  • Carrier Code: C001
  • 4-Digit Zip Code: 4107
  • Zip Code: 37830

Valuation

    Tax

  • Total Area: 1,598
  • Tax Year: 2023
  • Tax Amount: $1,330
  • Tax Rate Code Area: 01C04

    Appraisal Valuation

  • Standard Deviation: 0.2622
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 62
  • Final Value: 407,628
  • High Value: 514,511
  • Low Value: 300,745

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $387,845
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Open Lien Mortgage Recording Date: Oct 04, 2023
  • First Open Lien Mortgage Loan Amount: $387,845
  • 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: Nov 01, 2053

    Market Valuation

  • Market Total Value: $231,300
  • Market Land Value: $25,000
  • Market Improvement Value: $206,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $57,825
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $51,575

    Sales

  • Current Sale Contract Date: Sep 28, 2023
  • Current Sale Recording Date: Oct 04, 2023
  • Current Sale Transaction ID: 11914233583
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7924
  • Previous Sale Recording Date: Aug 11, 2021
  • Previous Sale Contract Date: Aug 10, 2021
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Mortgage Transaction Date: Oct 04, 2023
  • First Mortgage Loan Amount: $387,845
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: SIRVA MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 11, 2021
  • Previous Mortgage Loan Amount: $232,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2051

About Oak Ridge



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Frequently Asked Questions

What neighborhood is 389 East Drive located in?
The 389 East Drive is a house located in the neighborhood of Anderson in Oak Ridge, Oak Ridge.
What is the average sales price for listings in 389 East Drive?
The average sales price for units in 389 East Drive is $179,900 , or $90/sqft. currently.

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