160 Wade Lane

Closed 11/26/13

Sold

Last Sold Price

$89,900

2,674 sqft

160 Wade Ln, Oak Ridge, TN 37830

Multi FamilyProperty Type

1943Year Built

$34/sq ftPrice per sq ft

Description

Two 2-bedroom apartments rent $460/month - two 1-bedroom apartments rent $350/month. All appliances are included. All units have washer/dryer hookups and 2 units have stackable washer/dryers that remain with the property. Central heat and air. All units are occupied now; 1 apartment will be vacated in September. Seller pays water, maintenance, tenant pays gas and electric.Two 2-bedroom apartments rent $460/month - two 1-bedroom apartments rent $350/month. All appliances are included. All units have washer/dryer hookups and 2 units have stackable washer/dryers that remain with the property. Central heat and air. All units are occupied now; 1 apartment will be vacated in September. Seller pays water, maintenance, tenant pays gas and electric.

Listed by: Jo Ellen Iacovino • Realty Executives Associates

Listing closed: 11/26/2013 12:00 AM • Source: KAARMLS, MLS#: 854849

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Location

Listing Courtesy of Realty Executives Associates, Jo Ellen Iacovino

Sold By Realty Executives Associates, Jo Ellen Iacovino (865.482.3232)

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$705 per month

30 year fixed, 7.03% Interest

Principal and Interest

$480

Property Taxes

$225

HOA Dues

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Property Information for 160 Wade Lane

Property Details

Taxes: $2,695 / year
MLS Type: Multi-Family
Lot Size: 0.00 AC / 0 SF
County: Anderson County
Pets Allowed: No
Miscellaneous No Pets: True

Building Information

Residences: 4
Year Built: 1943
Lot Size: 0.00 AC / 0 SF

Summary

Location and General Information

City: Oak Ridge
County Or Parish: Anderson County - 30

Directions: West Outer to Wabash (flashing yellow light) and turn South, 1st left to Wade Lane. 4-plex on the right. SOP
Latitude: 36.024739
Longitude: -84.264775
MLS Area Major: Anderson County - 30
MLS Area Minor: Anderson County - 30
Postal Code: 37830
State Or Province: TN
Location Tax Legal Info Area: Anderson County - 30
Remarks Misc Directions: West Outer to Wabash (flashing yellow light) and turn South, 1st left to Wade Lane. 4-plex on the right. SOP

Parking

General Property Description Driveway: Yes
Garage Parking On Premise Parking: True

Garage Parking On-Street Parking: True

Taxes and HOA Information

Association Fee: 0.0
Parcel Number: 099 B 049.00

Owner Expenses Taxes: True
Location Tax Legal Info Total Tax: 2695.0

Virtual Tour

Virtual Tours Count: 0

Property

Lot Information

Lot Size Area: 0.0
Lot Size Square Feet: 0.0

Year Built: 1943
Building Area Total: 2674.0
Lot Size Acres: 0.0
Lot Size Dimensions: 1.11 acres
General Property Description Lot Dimensions: 1.11 acres
General Property Description New Construction: Under Roof

Property and Assessments

Possession: Immediate
Property Type Label: Multi-Family

Floor Plans Count: 0
Property Type: Multi-Family
Possession Immediate: True

Utilities

Fuel Electric: True
Fuel Gas (Natural): True

Miscellaneous Utility Room: True
Miscellaneous WasherDryer Cnctns: True

Interior and Exterior Features

Exterior Features

Construction Materials: Brick
Siding Brick: True

Miscellaneous Porch: True
Miscellaneous Storage Space: True

Interior Features

Cooling: True
Bathrooms Total Integer: 0

Kitchen Appliances: Dishwasher, Dryer, Washer, Refrigerator
Heating Details: True
Flooring: Hardwood, Vinyl, Carpet
Heating: Yes
Heating Central: Yes
Cooling Central Cooling: True
Floors Carpet: True
Floors Hardwood: True
Floors Vinyl: True
Heat Central: True
Heat Forced Air: True
Appliances Dishwasher: True
Appliances Dryer: True
Appliances Range: True
Appliances Refrigerator: True
Appliances Washer: True
Other Rooms Other: True
Roof Roof Info: -14 years old

Multi Family

Income & Expenses Information

Gross Income: $19,440.00
Net Operating Income: $13,957.89

OperatingExpense: $5,482.11

Multi-Family Information

Number Of Units Total: 4
Type of Units 1 Bedroom Unit: True

Type of Units 2 Bedroom Unit: True
Income Expenses Gross Annual Income: 19440.0
Income Expenses Annual Oper Expenses: 5482.11

Rental

Rent Information

General Property Description Lease Information: 1 Yr Lease - tenants have been there longer than 1
Tenant Expenses Cooling: True

Tenant Expenses Electricity: True
Tenant Expenses Gas: True
Tenant Expenses Heating: True
Tenant Expenses Telephone: True

Property History for 160 Wade Lane

Date	Event & Source	Price	Appreciation
Nov 26, 2013	Closed KAARMLS #854849	$89,900	—
Nov 26, 2013	Contract - Not Showing KAARMLS #854849		—
Nov 4, 2013	Listed (Active) KAARMLS #854849	$99,900	—

Date	Event & Source	Price
11/26/2013	Closed KAARMLS #854849	$89,900
11/26/2013	Contract - Not Showing KAARMLS #854849	—
11/04/2013	Listed (Active) KAARMLS #854849	$99,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 160 Wade Lane

This home is within Oak Ridge School District.


Rating	School	Type	Grades	Distance
9/10	Willow Brook Elementary School	Public - Serves this home	K to 4	1.3 mi
7/10	Robertsville Middle School	Public - Serves this home	5 to 8	1.0 mi
9/10	Oak Ridge High School	Public - Serves this home	9 to 12	0.6 mi
NR	St. Marys School	Private - Nearby school	PK to 8	0.9 mi


Rating	School	Distance
9/10	Willow Brook Elementary School PublicK to 4 Serves this home	1.3 mi
7/10	Robertsville Middle School Public5 to 8 Serves this home	1.0 mi
9/10	Oak Ridge High School Public9 to 12 Serves this home	0.6 mi
NR	St. Marys School PrivatePK to 8 Nearby school	0.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.