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113 Outer Drive

113 Outer Drive, Oak Ridge, TN 37830
House in Anderson
Sold Jul 08, 2020
$192,500
$167,500 by Jimmy T Bell Etal
Mortgage Due Jul 01, 2035
Sold May 22, 2018
$135,000
$108,000 by First Tennessee Bank Na
Mortgage Due Jun 01, 2048
113 Outer Drive in Oak Ridge, TN was first built in 1943 and is 81 years old. Although, the building on the property was most recently renovated and altered in 1991. 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. 113 Outer Drive has 3,164 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 1,582 sqft and has been categorized as a full basement. In total, the area measurement of the land is 26,136 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. For those who need parking, there is a carport. The garage is 456 sqft. There are a total of 2 available parking spaces. 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. 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, 113 Outer Drive sold most recently in Jul 7, 2020 for a total of $192,500. If you work out the math, that's approximately a cost of $60.84 per sqft. Before that, the property was also sold for $135,000 in May 21, 2018. 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 $1,006 in taxes each year. 113 Outer Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $40,950. If we break it down further, the land itself was valued at $8,050. Improvements to the property, however, were assessed at a total of $32,900. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Building Style

New Traditional

Exterior

Block Exterior

Parking

Parking Available
Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1991
  • 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: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,582
  • Garage Type: Carport
  • Garage Square Area: 456
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 26,136
  • Total Building Area: 3,164
  • Gross Building Area: 3,324
  • Building Area: 3,164
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,164
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BLOCK 0C17 LOT 0027
  • Land Acres: 0.6
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK: C17 LOT: 27

Ownership

  • Current Owner : SCHMIDT ERIK
  • Current Owner 2: SCHMIDT SOPHIE
  • Previous Owner : HENLEY BETTY R
  • Owner Before Previous Owner: JACKSON BETTY
  • Owner Before Previous Owner 2: HANSON CAROL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oak Ridge City School District
  • School Tax School District: 01549
  • Census Tract: 020400

Geography

  • Assessors Map Reference: 094I
  • District: 02
  • Parcel: 094I-D-015.00
  • Block: C17
  • Lot: 27
  • Municipality: ANDERSON - OAK RIDGE
  • Latitude: 36.0364
  • Longitude: -84.2438

    Address

  • Full Address: 113 Outer Dr
  • Address - House Number: 113
  • Address - Street Name: Outer
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Oak Ridge
  • Carrier Code: C004
  • 4-Digit Zip Code: 5308
  • Zip Code: 37830

Valuation

    Tax

  • Total Area: 1,582
  • Tax Year: 2023
  • Tax Amount: $1,006
  • Tax Rate Code Area: 01C04

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 144,866
  • High Value: 211,379
  • Low Value: 78,352

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,500
  • First Open Lien Mortgage Lender: JIMMY T BELL ETAL
  • First Open Lien Mortgage Recording Date: Jul 08, 2020
  • First Open Lien Mortgage Loan Amount: $167,500
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2035
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $163,800
  • Market Land Value: $32,200
  • Market Improvement Value: $131,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $40,950
  • Assessed Land Value: $8,050
  • Assessed Improvements Value: $32,900

    Sales

  • Current Sale Contract Date: Jul 07, 2020
  • Current Sale Recording Date: Jul 08, 2020
  • Current Sale Transaction ID: 11771822501
  • Current Sale Price: $192,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20006306
  • Previous Sale Recording Date: May 22, 2018
  • Previous Sale Contract Date: May 21, 2018
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JIMMY T BELL ETAL
  • First Mortgage Transaction Date: Jul 08, 2020
  • First Mortgage Loan Amount: $167,500
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: FIRST TENNESSEE BANK NA
  • Previous Mortgage Transaction Date: May 22, 2018
  • Previous Mortgage Loan Amount: $108,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2048

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 113 Outer Drive located in?
The 113 Outer Drive is a house located in the neighborhood of Anderson in Oak Ridge, Oak Ridge.
What is the average sales price for listings in 113 Outer Drive?
The average sales price for units in 113 Outer Drive is $197,500 , or $108/sqft. currently.

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