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116 Wheeler Ln

Oliver Springs, TN 37840

4 bd 3 ba 3,000 sqft Built 2003 Lot 22,216 sqft single_family
Most recent sale
$460,000
Jan 26, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 23, 2025 Sold $490,000 EastTennessee
Jan 26, 2024 Sold $460,000 EastTennessee
Dec 15, 2023 Price changed $469,000 EastTennessee
Dec 7, 2023 Price changed $479,000 EastTennessee
Nov 13, 2023 Listed $489,000 EastTennessee
Oct 24, 2022 Sold $265,000 EastTennessee
Sep 23, 2022 Listed $250,000 EastTennessee

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $45,300 $1,087
2021 $45,300 $1,119
2020 $45,875 $1,134
2019 $44,350 $1,191
2018 $44,350 $1,142
2017 $44,350 $1,142
2016 $44,350 $1,142
2015 $44,340 $1,142
2014 $48,500 $1,057
2013 $48,500 $1,057
2012 $48,500 $1,057
2011 $48,500 $1,057
2010 $48,500 $1,062
2009 $40,325 $1,097
2008 $40,325 $1,061
2007 $40,325 $1,061

Property facts

Year built
2003
Property type
single_family
Stories
Beds
4
Baths
3
Living area
3,000 sqft
Lot size
22,216 sqft
ZIP code
37840
City
Oliver Springs
Street
Wheeler Ln
Coordinates
35.96997, -84.37874

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,500
Gross rental yield
11.74%
Implied cap rate
7.63%
Trend-extrapolated value

Frequently asked questions

When did 116 Wheeler Ln last sell?
116 Wheeler Ln most recently sold on Jan 26, 2024 for $460,000.
What is the current tax assessment for 116 Wheeler Ln?
The most recent total assessment for 116 Wheeler Ln (year 2022) is $45,300 with $1,087 in property tax.
How does 116 Wheeler Ln's assessment compare to its last sale price?
The current assessment is 90.2% below the last sale price of $460,000.
When was 116 Wheeler Ln built?
116 Wheeler Ln was built in 2003.
How does 116 Wheeler Ln compare to others on Wheeler Ln?
We track 3 other properties on Wheeler Ln. Browse the list under "Other properties on Wheeler Ln" to compare beds, baths, and sale history.
What are the property facts for 116 Wheeler Ln?
116 Wheeler Ln is a 4 bed, 3 bath, 3,000 sqft, 22,216 sqft lot single_family.
Is 116 Wheeler Ln a flip candidate?
Yes — 116 Wheeler Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 116 Wheeler Ln a tax-appeal candidate?
No — 116 Wheeler Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.2%
Implied 1-yr
-4.7%
2026 Q3
$229K
2026 Q4
$226.1K
ZIP 37840 — Median Price History + Forecast

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