109 Balsam Rd

Oak Ridge TN 37830

3914 sq. ft.

0.54 ac.

Single-Family

Last sold for $575,000

Steve Bannach, last sold this property on 26 March 2026 after 335 days on market.

Overview

Located on a quiet, established street with pride of ownership, this spacious Oak Ridge home offers main-level living, privacy, flexibility, and substantial upgrades—plus buyer concessions to complete final updates your way. Large yards provide separation and a tucked-away feel, yet the home is walkable to Melton Hill Lake and nearby park access, while remaining convenient to Oak Ridge amenities. The main level supports comfortable, everyday living with a renovated kitchen featuring Thermador appliances, oversized pantry, new fireplace insert, luxury vinyl flooring in the kitchen and den, and hardwood floors throughout most of the home. Major improvements already completed include a roof approximately five years old, French drain, full flood-prevention system, AFC-certified foundation reinforcement, whole-house replumb with PEX and Manabloc, new water heater, and whole-house water filtration. The lower level offers flexible space ideal for additional living quarters or a mother-in-law suite, with a private entrance, second kitchen, large living area, washer/dryer plumbing, lockable storage, two mini-splits, and whole-house ventilation. The seller is offering up to $25,000 in buyer concessions—$10,000 toward main-level updates and $15,000 to complete the lower-level bathroom—allowing buyers to finish the home to their taste.

Features

4 bedrooms

4 bathrooms

1 carspace

1 garage space

3914 sq. ft. floor area

0.54 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Oak Ridge over the last 12 months, the estimated median property value of 109 Balsam Rd is $433k.

Median value

$433k

Estimated value range

$175k - $1.5m

Median days on market

Estimated value trend

-2%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Oak Ridge. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.