NOT LISTED FOR SALE

109 Williams St Portland, TN 37148

Estimated Value: $328,000 - $357,258

-- Bed
2 Baths
1,680 Sq Ft
$203/Sq Ft Est. Value

Last Sold October 04, 2024

Last sale price $385,000 $229 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,880/month

21 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property has 1 Level
  • J.W. Wiseman Elementary School Rated A-

About This Home

As of October 2024

Rare Investment opportunity. Newer construction duplex has 2 bedrooms/1 bath in each unit with all kitchen appliances plus washer/dryer hook up. Have records for both sides. These are well built units located near everything that Portland has to offer.

Last Agent to Sell the Property

Kyle Graves

Benchmark Realty, LLC Brokerage Phone: 6154034019 License #313021 Listed on: 08/07/2024

Benchmark Realty, LLC

Last Buyer's Agent

Jacob Edgar

Haven Real Estate License # 335374

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,853

Year Built

  • Built in 2022

Lot Details

  • 0.52

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring
  • Washer and Electric Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • J W Wiseman Elementary School
  • Portland East Middle School
  • Portland High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $1,400
  • Assessor Parcel Number 033J D 02300 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $3,588
  • Gross Income $33,600
  • Net Operating Income $30,012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,853

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2022
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Above Grade Finished Sq Ft: 1680
  • Building Area Units: Square Feet
  • Living Area: 1680
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Vinyl Siding
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Individual, Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: res
  • Lot Size Units: Acres
  • Parcel #: 033J D 02300 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 33600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 30012
  • Number Of Units Total: 2
  • Annual Operating Expense: 3588
  • Total Actual Rent: 1400

Tax Info

  • Tax Annual Amount: 2853

MLS Schools

  • Elementary School: J W Wiseman Elementary
  • High School: Portland High School
  • Middle Or Junior School: Portland East Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 3, 2022
Sold by
Equity Trust Company Custodian
Bought by
Shelton Corey and Shelton Mabel
Seller's Agent
Jennifer Bowers
Redfin
Buyer's Agent
Kyle Graves
Benchmark Realty, LLC
List Price
$370,000
Sold Price
$350,000
Premium/Discount to List
-$20,000
-5.41%
Views
21
Current Estimated Value
$341,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,935
Avg. Annual Appreciation
-0.82%
Original Mortgage
$280,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
May 8, 2014
Closed on
Aug 28, 2014
Sold by
Russell Joshua
Bought by
Equity Trust Company and Charles Cox Ira
Seller's Agent
Joshua Russell
Wally Gilliam Realty & Auction
Buyer's Agent
Rebecca Pendergrast
Compass
List Price
$1,375,000
Sold Price
$83,900
Premium/Discount to List
-$1,291,100
-93.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.28%

Purchase Details

Closed on
Jun 16, 2010
Sold by
The Bank Of New York Mellon
Bought by
Russell Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2009
Sold by
Mcmichael Matthew
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Jul 19, 2000
Sold by
Mcmichael Matthew
Bought by
Mcmichael Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.12%

Purchase Details

Closed on
Feb 23, 2000
Sold by
Keen Erbie D and Keen Susan B
Bought by
Conti Mtg Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shelton Corey -- Freedom Title Services Llc
Equity Trust Company $83,900 Creekside Title & Escrow Llc
Russell Joshua $42,500 None Available
The Bank Of New York Mellon $80,967 None Available
Mcmichael Matthew $54,000 --
Conti Mtg Corp $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shelton Corey $280,000
Previous Owner Russell Joshua $65,000
Previous Owner Mcmichael Matthew $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2024 10/04/24 Sold $385,000 0.0% $229 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $385,000 -3.8% $229 / Sq Ft
08/07/2024 08/07/24 For Sale $400,000 +14.3% $238 / Sq Ft
10/03/2022 10/03/22 Sold $350,000 0.0% $208 / Sq Ft View Prior Sale
09/05/2022 09/05/22 Pending -- -- --
09/04/2022 09/04/22 Price Changed $350,000 -5.4% $208 / Sq Ft
08/24/2022 08/24/22 For Sale $370,000 +341.0% $220 / Sq Ft
01/24/2017 01/24/17 Off Market $83,900 -- --
10/21/2016 10/21/16 Price Changed $1,310,000 -4.7% $612 / Sq Ft
09/12/2016 09/12/16 For Sale $1,375,000 +1538.9% $642 / Sq Ft
08/28/2014 08/28/14 Sold $83,900 -- $39 / Sq Ft View Prior Sale
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,000 $70,375 $18,750 $51,625
2023 $1,432 $41,975 $11,925 $30,050
2022 $1,394 $41,975 $11,925 $30,050
2021 $1,394 $41,975 $11,925 $30,050
2020 $1,394 $41,975 $11,925 $30,050
2019 $1,898 $0 $0 $0
2018 $964 $0 $0 $0
2017 $914 $0 $0 $0
2016 $914 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2688787

Realtracs

APN: 033J-D-023.00