503 Michigan Ave
Oak Ridge, TN 37830
3 bd 3 ba 2,044 sqft Built 1943 Lot 23,958 sqft single_family
Most recent sale
$286,000
May 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 13, 2022 | Sold | $286,000 | MLS #1185914 |
| Mar 31, 2022 | Listed | $274,900 | MLS #1185914 |
| Aug 2, 1999 | Sold | $114,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $87,400 | $1,229 |
| 2024 | — | — | $87,400 | $966 |
| 2023 | — | — | $39,350 | $1,876 |
| 2022 | — | — | $39,350 | $1,876 |
| 2021 | — | — | $39,300 | $1,876 |
| 2020 | — | — | $39,300 | $1,874 |
| 2019 | — | — | $32,425 | $1,704 |
| 2018 | — | — | $32,425 | $1,664 |
| 2017 | — | — | $32,425 | $1,658 |
| 2016 | — | — | $32,425 | $1,658 |
| 2015 | — | — | $32,425 | $1,658 |
| 2014 | — | — | $35,425 | $1,677 |
| 2013 | — | — | $35,425 | $1,677 |
| 2012 | — | — | $35,425 | $832 |
| 2011 | — | — | $35,425 | $1,678 |
| 2010 | — | — | $35,425 | $1,647 |
| 2009 | — | — | $29,650 | $1,615 |
| 2008 | — | — | $29,650 | $1,615 |
| 2007 | — | — | $29,650 | $1,580 |
Property facts
Year built
1943
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
2,044 sqft
Lot size
23,958 sqft
ZIP code
37830
City
Oak Ridge
Street
Michigan Ave
Coordinates
36.03115, -84.24723
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,066
Gross rental yield
12.86%
Implied cap rate
8.36%
Trend-extrapolated value
—
Frequently asked questions
When did 503 Michigan Ave last sell?
503 Michigan Ave most recently sold on May 13, 2022 for $286,000.
What is the current tax assessment for 503 Michigan Ave?
The most recent total assessment for 503 Michigan Ave (year 2025) is $87,400 with $1,229 in property tax.
How does 503 Michigan Ave's assessment compare to its last sale price?
The current assessment is 69.4% below the last sale price of $286,000.
When was 503 Michigan Ave built?
503 Michigan Ave was built in 1943.
How does 503 Michigan Ave compare to others on Michigan Ave?
We track 7 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 503 Michigan Ave?
503 Michigan Ave is a 3 bed, 3 bath, 2,044 sqft, 23,958 sqft lot single_family.
Is 503 Michigan Ave a flip candidate?
No — 503 Michigan Ave does not appear in our flips dataset.
Is 503 Michigan Ave a tax-appeal candidate?
No — 503 Michigan Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+10.0%
2026 Q3
$384.1K
2026 Q4
$392.4K
ZIP 37830 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Michigan Ave