2 months on rocket

617 W Outer Dr, Oak Ridge, TN, 37830

$360,000

Home List Price

$4,275*

Closing Credit

0 Baths
1,425 SqFt
$253/SqFt
House

Location

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617 W Outer Dr, Oak Ridge$360,000

Buyer Closing Credits

$4,275*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn-Street Parking
Year Built1943
HeatingOther, Electric
MLS #1275663
Lot Size0.25 Acres
StatusActive

About 617 W Outer Dr

Situated in the heart of Oak Ridge, this well-maintained duplex offers a fantastic investment opportunity with versatile living options Previous long term tenant rent rolls $32,100 gross a year! The property includes two units: a spacious 2 bed, 1 bath unit and a comfortable 1 bed, 1 bath unit, both featuring open floor plans and newly installed vinyl flooring for a modern, low-maintenance appeal. Outside, the fenced yard and walk-out porch provide private outdoor spaces ideal for relaxation or entertaining. Whether you're looking to expand your rental portfolio or accommodate multi-generational living, this duplex is an excellent choice with great potential for future growth. Owner financing available!

Property Details

Property Features

Property Information:

  • Year Built: 1943
  • Living Area: 1,425 SqFt

Listing Office:

  • Office Name: Young Marketing Group, Realty Executives
  • Office Phone: (865) 281-1321

Interior Features

Interior Information:

  • Appliances: Microwave, Range
  • Flooring Type: Laminate, Vinyl, Other

Exterior Features

Exterior Information:

  • Exterior: Porch - Covered

Parking Information:

  • Attached Garage: No
  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Other, Electric

Other

Directions Information:

  • Directions: From TN-62 W; Continue straight onto S Illinois Ave; Pass by Waffle House (on the left in 0.8 mi); Turn right onto W Outer Dr; Destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $360,000
  • Price Per SqFt: $253/SqFt

Tax Information:

  • Annual Amount: $1,111
  • 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

617 W Outer Dr vs Oak Ridge

76 DAYS ON ROCKET

+44 Days

$360,000

+$14.8K More

$253/SqFt

+$68 More

KEY TAKEAWAY

This property is $14.8K more than the Median Sold Price and $68/SqFt more 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: #1275663

Listing Office:

  • Office Name: Young Marketing Group, Realty Executives
  • Office Phone: (865) 281-1321

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: 11/21/2024, 7:20:56 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

Nov 30, 2017Home Sold
$292,472

Tax History

YEARPROP. TAXASSESSMENT
2020$1,111$28,360
2019$1,110$21,640
2018$1,111$21,640
2017$1,106$21,640

History based on county public records data.

Payment Calculator

$1,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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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-405050
5
/10

  • Willow Brook Elementary School

  • 298 Robertsville Rd

  • 0.54 miles

  • Public District Grades KG-4

school-card-donut-405051
8
/10

  • Linden Elementary School

  • 700 Robertsville Rd

  • 1.83 miles

  • Public District Grades KG-4

school-card-donut-405052
7
/10

  • Woodland Elementary School

  • 168 Manhattan Ave

  • 2.26 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,901. Residents of Oak Ridge, TN typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 617 W Outer Dr

What is the listing price of this property?

The listing price of 617 W Outer Dr property is $360,000.

What type of property is this?

The property 617 W Outer Dr is a house located in Oak Ridge, Tennessee, 37830.

Is this property for sale now?

Active Listing: 617 W Outer Dr 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 $1,111 (source: MLS/based on county public records data).

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

The last sale was on November 30, 2017 for $292,472. (source: MLS/tax record).

What is the square footage of this property?

The property 617 W Outer Dr is 1,425 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 617 W Outer Dr is 1943.

Rocket Homes›Tennessee›Anderson County›Oak Ridge›37830›617 W Outer Dr

This home is located at 617 W Outer Dr in Oak Ridge, TN and zip code 37830. This 1,425 square foot home, which was built in 1943, sits on a 0.25 acre lot. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $360,000.

In October 2024 more than 7 listings in Oak Ridge, TN were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 14 were sold below. The number of homes for sale in Oak Ridge, TN decreased by 3.4% between September 2024 and October 2024. In October 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $345,171.

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

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