107 E Rarity Ridge Pkwy Oak Ridge, TN 37830

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3 beds · 3 baths · 2,524 sq ft · Lot Size: 7,405 sq ft · Single Family Home
Est. Property Value: $378,550

Valued above Market MedianOwned for Less Than 5 YearsOwner Age 25 - 35

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107 E Rarity Ridge Pkwy is in the 37830 neighborhood of Oak Ridge, TN. It is located in Anderson County and ZIP code 37830. This Single Family Home was built in 2020 and is approximately 5 years old. The single family home spans 2524 sq ft with 3 bedrooms and 3 bathrooms and sits on a 7405 sq ft lot. According to public records, it was last sold in 2023 for $396,000 and has a tax-assessed value of $250,600, which is $150 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 107 E Rarity Ridge Pkwy Oak Ridge, TN 37830 with Property Intel by Whitepages.

107 E Rarity Ridge Pkwy

Oak Ridge, TN 37830

Owner Info

Owners & Occupancy for 107 E Rarity Ridge Pkwy

This property is owned by Jared D Walden. Owner contact information includes 1 phone number and 1 email address.

Property Owners

Residence*************
Landline(270) 622-7468
Distance from Property**********
Email Address********@hotmail.comView Email
View All Owner Info

Occupancy

Current Occupancy*****View Occupancy
Resident 1****************** age 29
Resident 2************** age 30

Property Financials for 107 E Rarity Ridge Pkwy

107 E Rarity Ridge Pkwy, Oak Ridge, TN has a mortgage from Mortgage Invtrs Group (orig. March 10, 2023). The Anderson county assessment for 2024 values it at $250,600, with annual taxes of $2,906.

Mortgage & Equity Information

Loan Amount$******
LenderMortgage Invtrs Group
Origination DateMarch 10, 2023
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateMarch 10, 2023
Property Tax Amount$2,906 in 2024
Purchase Price$396,000
Assessed Value$250,600 on 2024

Investment Potential for 107 E Rarity Ridge Pkwy

The property has a current estimated value of $378,550, which is 28% above the zip median, based on public records. It last sold on March 10, 2023 for $396K. Projected long-term
is $33,000 annually ($2,750 per month) with a 85% occupancy rate.

Discover more Single Family Homes in 37830.
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Long-Term

Gross Rental
$33,000 per year($2,750 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
85%in 37830 zip code
 
View Rental Potential

Property Details for 107 E Rarity Ridge Pkwy

Property Details

Property Sq Ft

Living Area

2,524 sq ft

39% above market

Lot Size

7,405 sq ft

65% below market

Price Per Sq Ft

Living Area

$150 / sq ft

5% above market

Lot Size Area

$51 / sq ft

244% above market

Property condition, age, exterior, etc. for 107 E Rari…
Longitude: -84.414202 Latitude: 35.906725 Parcel Number (APN): 039K-A-028.00…

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Market Benchmarks

Compare data for 107 E Rarity Ridge Pkwy in Anderson County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$378,550
$285,935
$92,616 (32%)
$******
$348,121
$174,188 (50%)
YoY Price Change
****%
0.67%
1030%
Year Built
2020
1981
39 years
Living Space
2,524 sq ft
1,608 sq ft
916 (57%)
$ Per Living Sq Ft
$150
$167
-$17 (-10%)
Lot Size
7,405 sq ft
10,890 sq ft
-3485 (-32%)
$ Per Lot Sq Ft
$51
$22
$29 (136%)

Net Operating Income
$*****
$17,519
$5,402 (31%)
Annual Revenue
$33,000
$25,200
$7,800 (31%)
$*****
$6,963
$3,116 (45%)
Net Operating Income
$*****
$17,519
$5,402 (31%)
Cap Rate
****%
6.37%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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