new - 7 days on rocket

122 Lancaster Rd, Oak Ridge, TN, 37830

$130,000

Home List Price

$1,544*

Closing Credit

0 Baths
1,344 SqFt
$97/SqFt
House

Location

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122 Lancaster Rd, Oak Ridge$130,000

Buyer Closing Credits

$1,544*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAttached, Carport, Off-Street Parking
Attached GarageYes
Year BuiltNew Const., 1943
HeatingNatural Gas, Space Heater(s), Electric
CoolingWindow Unit(s)
MLS #1281950
Lot Size0.57 Acres
StatusActive

About 122 Lancaster Rd

Attention Investors: Duplex in Prime Oak Ridge Location This is an estate sale offering a fantastic investment opportunity in the heart of Oak Ridge. Situated on a spacious 0.57-acre lot within the desirable Oak Ridge School district, this duplex features two separate units, each with 2 bedrooms and 1 bathroom. Both units have access to an attached carport, providing convenient parking and additional storage space. A generously extended covered porch spans the entire front of the home, offering ample room for furniture or extra storage. With its prime location and potential for rental income, this property is ideal for investors seeking a valuable addition to their portfolio

Property Details

Property Features

Property Information:

  • Year Built: 1943
  • Living Area: 1,344 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 688-3232

Interior Features

Interior Information:

  • Appliances: Dryer, Refrigerator, Washer
  • Flooring Type: Hardwood, Carpet

Exterior Features

Exterior Information:

  • Exterior: Windows - Wood

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Carport, Off-Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.57 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Space Heater(s), Electric
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: From Oak ridge turnpike turn right onto Louisiana Ave. Right onto Lancaster Rd. Home on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $130,000
  • Price Per SqFt: $97/SqFt

Tax Information:

  • Annual Amount: $751
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Oak Ridge, TN.

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Oak Ridge, TN

City

Med. Sold Price

$345.1K

Med. Price/SqFt

$185

Avg. Days On Market

32

# of Sold Homes

34

122 Lancaster Rd vs Oak Ridge

7 DAYS ON ROCKET

-25 Days

$130,000

-$215.1K Less

$97/SqFt

-$88 Less

KEY TAKEAWAY

This property is $215.1K less than the Median Sold Price and $88/SqFt less than other homes in Oak Ridge, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1281950

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 688-3232

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 10:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$751$15,300
2019$747$14,625
2018$748$14,625
2017$748$14,625

History based on county public records data.

Payment Calculator

$716

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$456

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-482904
5
/10

  • Willow Brook Elementary School

  • 298 Robertsville Rd

  • 0.67 miles

  • Public District Grades KG-4

school-card-donut-482905
8
/10

  • Linden Elementary School

  • 700 Robertsville Rd

  • 1.03 miles

  • Public District Grades KG-4

school-card-donut-482906
4
/10

  • Norwood Elementary School

  • 809 W Tri County Blvd

  • 2.44 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,134. Most Oak Ridge, TN residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 122 Lancaster Rd

What is the listing price of this property?

The listing price of 122 Lancaster Rd property is $130,000.

What type of property is this?

The property 122 Lancaster Rd is a house located in Oak Ridge, Tennessee, 37830.

Is this property for sale now?

Active Listing: 122 Lancaster Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $751 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 122 Lancaster Rd is 1,344 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 122 Lancaster Rd is 1943.

Rocket Homes›Tennessee›Anderson County›Oak Ridge›37830›122 Lancaster Rd

This home is located at 122 Lancaster Rd in Oak Ridge, TN and zip code 37830. This 1,344 square foot home, which was built in 1943, sits on a 0.57 acre lot. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $130,000.

In October 2024, from all listings sold in Oak Ridge, TN there were more than 7 sold above asking price, over 14 sold below and more than 13 were sold right at the asked price. The inventory of homes for sale in Oak Ridge, TN between September 2024 and October 2024 decreased by 3.4%. Listings spent 32 days on the market in October 2024, and had a median list price of $345,171 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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