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115 Cahill Lane

115 Cahill Lane, Oak Ridge, TN 37830
Property in Anderson
Sold Aug 14, 2017
$97,000
$77,600 by Mortgage Investors Group Inc
Mortgage Due Sep 01, 2047
115 Cahill Lane 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 1943 and is 81 years old. However, we must point out that the home was most recently renovated and altered in 1992. Residents will have access to one full bathroom. There are 2 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, 115 Cahill Lane has 1,548 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 23,958 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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 both a unknown and a unknown. 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 unknown. 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 forced air unit and being fueled with gas. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 115 Cahill Lane sold most recently in Aug 9, 2017 for a total of $97,000. If you work out the math, that's approximately a cost of $62.66 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $749 in taxes each year. 115 Cahill Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $30,500. If we break it down further, the land itself was valued at $7,425. Improvements to the property, however, were assessed at a total of $23,075. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Total Building Area: 1,548
  • Gross Building Area: 1,708
  • Building Area: 1,548
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,548
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BLOCK 0E20 LOT 0101
  • Land Acres: 0.55
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 101

Ownership

  • Current Owner : ERICKSON LYNDA S
  • Current Owner 2: ERICKSON WADE C
  • Previous Owner : BALL JAMES ROBERT
  • Previous Owner 2: BALL JESSIE LORRAINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 094F
  • District: 02
  • Parcel: 094F-D-050.00
  • Block: E20
  • Lot: 101
  • Municipality: ANDERSON - OAK RIDGE
  • Latitude: 36.0392
  • Longitude: -84.2244

    Address

  • Full Address: 115 Cahill Ln
  • Address - House Number: 115
  • Address - Street Name: Cahill
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Oak Ridge
  • Carrier Code: C002
  • 4-Digit Zip Code: 4009
  • Zip Code: 37830

Valuation

    Tax

  • Total Area: 1,548
  • Tax Year: 2023
  • Tax Amount: $749
  • Tax Rate Code Area: 01C04

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 114,642
  • High Value: 167,278
  • Low Value: 62,005

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $77,600
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Aug 14, 2017
  • First Open Lien Mortgage Loan Amount: $77,600
  • 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, 2047

    Market Valuation

  • Market Total Value: $122,000
  • Market Land Value: $29,700
  • Market Improvement Value: $92,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $30,500
  • Assessed Land Value: $7,425
  • Assessed Improvements Value: $23,075

    Sales

  • Current Sale Contract Date: Aug 09, 2017
  • Current Sale Recording Date: Aug 14, 2017
  • Current Sale Transaction ID: 1732508443
  • Current Sale Price: $97,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17006812

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Aug 14, 2017
  • First Mortgage Loan Amount: $77,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2047

About Oak Ridge



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Frequently Asked Questions

What neighborhood is 115 Cahill Lane located in?
The 115 Cahill Lane is a located in the neighborhood of Anderson in Oak Ridge, Oak Ridge.
What is the average sales price for listings in 115 Cahill Lane?
The average sales price for units in 115 Cahill Lane is $110,000 , or $71/sqft. currently.

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