3 months on rocket

114 Potomac Cir, Oak Ridge, TN, 37830

$229,900

Home List Price

$2,730*

Closing Credit

3 Bedrooms
1 Full Bath
925 SqFt
$249/SqFt
House
Schools Nearby

Location

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114 Potomac Cir, Oak Ridge$229,900

Buyer Closing Credits

$2,730*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingNone
Year Built1948
HeatingCentral, Electric
CoolingCentral Air
FireplaceNone
MLS #1250274
Lot Size0.23 Acres
StatusActive

About 114 Potomac Cir

Charming Tenant-Occupied Home for Sale! Welcome to a delightful residence nestled in the heart of Oak Ridge, Tennessee. This charming home presents an excellent opportunity for investors or homebuyers seeking a property with existing tenants. Whether you're an investor looking for a turnkey rental property or a homebuyer seeking a residence to move in after the current lease ends, this property offers a fantastic opportunity to own a well-maintained and tenant-occupied home in Oak Ridge.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1948
  • Living Area: 925 SqFt

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: No
  • Flooring Type: Laminate
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Windows - Aluminum, Porch - Covered

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Oak Ridge High School, Public District Grades 9-12
  • Jefferson Middle School, Public District Grades 5-8
  • Woodland Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: via I-71 S and I-75 S Follow TN-61 W and Oak Ridge Turnpike to Potomac Cir in Oak Ridge 26 min (16.0 mi) Turn right onto TN-61 W/N Charles G Seivers Blvd 0.4 mi Continue straight to stay on TN-61 W/N Charles G Seivers Blvd Continue to follow TN-61 W 10.2 mi Continue onto Oak Ridge Turnpike Pass by Subway (on the right in 3.4 mi) 4.2 mi Turn left onto S Rutgers Ave 0.1 mi Continue straight to stay on S Rutgers Ave 0.7 mi Turn left onto Manhattan Ave 0.2 mi Turn right onto S Purdue Ave 384 ft Turn right onto Potomac Cir Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $229,900
  • Price Per SqFt: $249/SqFt

Tax Information:

  • Annual Amount: $834
  • 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

$339.6K

Med. Price/SqFt

$175

Avg. Days On Market

38

# of Sold Homes

41

114 Potomac Cir vs Oak Ridge

100 DAYS ON ROCKET

+62 Days

$229,900

-$109.7K Less

$249/SqFt

+$74 More

KEY TAKEAWAY

This property is $109.7K less than the Median Sold Price and $74/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: #1250274

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: 4/27/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$834$20,350
2019$834$16,250
2018$835$16,250
2017$832$16,250

History based on county public records data.

Payment Calculator

$1,215

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$756

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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.

Elementary School

school-card-donut-1035342
7
/10

  • Woodland Elementary School

  • 168 Manhattan Ave

  • 0.50 miles

  • Public District Grades KG-4

Middle School

school-card-donut-1035343
7
/10

  • Jefferson Middle School

  • 200 Fairbanks Rd

  • 1.87 miles

  • Public District Grades 5-8

High School

school-card-donut-1035344
8
/10

  • Oak Ridge High School

  • 1450 Oak Ridge Tpke

  • 0.98 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,943. Typical income of Oak Ridge, TN residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 114 Potomac Cir

What is the listing price of this property?

The listing price of 114 Potomac Cir property is $229,900.

What type of property is this?

The property 114 Potomac Cir is a house located in Oak Ridge, Tennessee, 37830.

Is this property for sale now?

Active Listing: 114 Potomac Cir is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 114 Potomac Cir are:
Woodland Elementary School: GreatSchools Rating 7/10
Jefferson Middle School: GreatSchools Rating 7/10
Oak Ridge High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $834 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 114 Potomac Cir has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 114 Potomac Cir is 925 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 114 Potomac Cir is 1948.

Rocket Homes›Tennessee›Anderson County›Oak Ridge›37830›114 Potomac Cir

This home is located at 114 Potomac Cir in Oak Ridge, TN and zip code 37830. This 925 square foot home, which was built in 1948, sits on a 0.23 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $229,900.

While more than 9 listings in Oak Ridge, TN in March 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 24 were sold below. Between February 2024 and March 2024, Oak Ridge, TN real estate market has seen increase in the number of listings by 3.7%. In March 2024 median list price was $339,625 and the average listing age was 38 days.

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

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