5 months on rocket

124 Freeman Rd, Oliver Springs, TN, 37840

$550,000

Home List Price

$6,531*

Closing Credit

0 Baths
House

Location

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124 Freeman Rd, Oliver Springs$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingCarport
Garage3 spaces
Year Built1990
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
MLS #1265445
StatusActive

About 124 Freeman Rd

Trailer park with 4 recently renovated trailers on site all located on 12 acres! Estimated potential rental income of $5000+ per month approximately $60,000 per year. Experience peaceful country living on this 12-acre estate on Freeman Rd in Oliver Springs. Four renovated manufactured homes, including two 2-bed, 1-bath and two 3-bed, 2-bath units, are move-in ready or perfect for renting out. Enjoy the beautiful land with fruit trees, individual septic tanks for each unit, and modern HVAC systems. Don't miss this opportunity for a comfortable rural lifestyle or great rental opportunity. Information deemed reliable, buyer to verify.

Property Details

Property Features

Property Information:

  • Year Built: 1990

Listing Office:

  • Office Name: Coldwell Banker Jim Henry
  • Office Phone: (865) 376-2121

Interior Features

Interior Information:

  • Flooring Type: Carpet, Vinyl

Exterior Features

Exterior Information:

  • Exterior: Prof Landscaped

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Carport

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Head northwest on TN-62 W/N Illinois Ave for 5.5 miles, then continue onto TN-61 W/W Tri County Blvd for 5.7 miles. Turn left onto TN-327 S and drive for 1.6 miles, then make a left onto Collins Rd. After 0.3 miles, turn right onto Freeman Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000

Tax Information:

  • Annual Amount: $61
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Oliver Springs, TN.

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Oliver Springs, TN

City

Med. Sold Price

$252K

Med. Price/SqFt

$163

Avg. Days On Market

11

# of Sold Homes

4

124 Freeman Rd vs Oliver Springs

164 DAYS ON ROCKET

+153 Days

$550,000

+$298K More

KEY TAKEAWAY

This property is $298K more than the Median Sold Price in Oliver Springs, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1265445

Listing Office:

  • Office Name: Coldwell Banker Jim Henry
  • Office Phone: (865) 376-2121

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: 11/17/2024, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 11, 2005Home Sold
$145,000

Tax History

YEARPROP. TAXASSESSMENT
2020$61$2,480
2019$58$2,240
2018$58$2,240
2017$58$2,240

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-562915
6
/10

  • Dyillis Springs Elementary School

  • 120 Ollis Rd

  • 4.04 miles

  • Public District Grades PK-5

school-card-donut-562916
8
/10

  • Linden Elementary School

  • 700 Robertsville Rd

  • 5.65 miles

  • Public District Grades KG-4

school-card-donut-562917
4
/10

  • Norwood Elementary School

  • 809 W Tri County Blvd

  • 5.91 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 $52,696. The majority of Oliver Springs, TN residents have income between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 124 Freeman Rd

What is the listing price of this property?

The listing price of 124 Freeman Rd property is $550,000.

What type of property is this?

The property 124 Freeman Rd is a house located in Oliver Springs, Tennessee, 37840.

Is this property for sale now?

Active Listing: 124 Freeman 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 $61 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 11, 2005 for $145,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 124 Freeman Rd is 1990.

Rocket Homes›Tennessee›Roane County›Oliver Springs›37840›124 Freeman Rd

This home is located at 124 Freeman Rd in Oliver Springs, TN and zip code 37840. This home was built in 1990. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $550,000.

While more than 3 listings in Oliver Springs, TN in October 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. The median list price of listings available in October 2024 was $252,000, while the average time on the real estate market was 11 days.

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

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