15 days on rocket

Sale Pending

120 Salem Rd, Oak Ridge, TN, 37830

$265,000

Home List Price

$3,147*

Closing Credit

3 Bedrooms
2 Full Baths
1,401 SqFt
$189/SqFt
House
Schools Nearby

Location

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120 Salem Rd, Oak Ridge$265,000

Buyer Closing Credits

$3,147*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingCarport, Other
Year Built1954
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceNone
ViewCity
MLS #1259277
Lot Size0.40 Acres
StatusSale Pending
(Pending - Continue to Show)

About 120 Salem Rd

This charming, 3 bedroom, 2 bath, ranch-style home, is located in the heart of Oak Ridge and convenient to dining, stores, parks, and more. It has beautiful oak floors, a tiled kitchen, and updated bathrooms. The fenced-backyard is much larger than expected, and would be ideal for kids, dogs, or anyone looking for their own space. It's zoned for the highly sought after Oak Ridge school system and comes with several updates including a Bosch refrigerator, newer water heater and ductwork, AC unit within about 5 years old, and more. The gazebo stays too. Don't miss out, schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1954
  • Living Area: 1,401 SqFt

Listing Office:

  • Office Name: Gables & Gates, REALTORS
  • Office Phone: (865) 777-9191

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Microwave
  • Basement: No
  • Flooring Type: Hardwood, Parquet, Tile
  • Interior: Pantry
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Windows - Vinyl, Fenced - Yard, Patio, Fence - Chain, Deck, Doors - Storm

Parking Information:

  • Attached Garage: No
  • Parking: Carport, Other

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Headed west on Oak Ridge Highway. Turn left onto Oak Ridge Turnpike. Turn right on Salem Road. House is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $265,000
  • Price Per SqFt: $189/SqFt

Tax Information:

  • Annual Amount: $1,045
  • 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

120 Salem Rd vs Oak Ridge

15 DAYS ON ROCKET

-23 Days

$265,000

-$74.6K Less

$189/SqFt

+$14 More

KEY TAKEAWAY

This property is $74.6K less than the Median Sold Price and $14/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: #1259277

Listing Office:

  • Office Name: Gables & Gates, REALTORS
  • Office Phone: (865) 777-9191

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: 4/30/2024, 12:50:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 16, 2012Home Sold
$75,000
Jul 31, 2006Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,045$24,875
2019$1,044$20,350
2018$1,045$20,350
2017$1,041$20,350

History based on county public records data.

Payment Calculator

$1,390

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$861

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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-3464294
8
/10

  • Linden Elementary School

  • 700 Robertsville Rd

  • 0.49 miles

  • Public District Grades KG-4

Middle School

school-card-donut-3464295
6
/10

  • Robertsville Middle School

  • 245 Robertsville Rd

  • 1.54 miles

  • Public District Grades 5-8

High School

school-card-donut-3464296
8
/10

  • Oak Ridge High School

  • 1450 Oak Ridge Tpke

  • 2.36 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 $57,143. Most Oak Ridge, TN residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 120 Salem Rd

What is the listing price of this property?

The listing price of 120 Salem Rd property is $265,000.

What type of property is this?

The property 120 Salem Rd is a house located in Oak Ridge, Tennessee, 37830.

Is this property for sale now?

Sale Pending: 120 Salem Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 120 Salem Rd are:
Linden Elementary School: GreatSchools Rating 8/10
Robertsville Middle School: GreatSchools Rating 6/10
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 $1,045 (source: MLS/based on county public records data).

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

The last sale was on August 16, 2012 for $75,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 120 Salem Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 120 Salem Rd is 1,401 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 120 Salem Rd is 1954.

Rocket Homes›Tennessee›Anderson County›Oak Ridge›37830›120 Salem Rd

This home is located at 120 Salem Rd in Oak Ridge, TN and zip code 37830. This 1,401 square foot home, which was built in 1954, sits on a 0.40 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 14, 2024 and is currently priced at $265,000.

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. The inventory of homes for sale in Oak Ridge, TN between February 2024 and March 2024 increased by 3.7%. Listings spent 38 days on the market in March 2024, and had a median list price of $339,625 during the same period.

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

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