NOT LISTED FOR SALE

1156 Payne Rd Portland, TN 37148

Estimated Value: $474,000 - $517,000

3 Beds
2.5 Baths
2,310 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $219,000 $95 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $2,886/month

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Great Room
  • Portland West Middle School Rated A-
  • Separate Formal Living Room
  • Walk-In Closet

About This Home

As of August 2014

New Construction - Home to consist of approximately 1800 sq ft with 2 car garage plus bonus room. Approx acre lot w/gorgeous country views. Homes will be ALL BRICK, Build to Suit w/open floor plan and split bdrms. Choose colors now. Mins to I-65

Last Agent to Sell the Property

Beverley Drewry

Benchmark Realty, LLC License #300482 Listed on: 09/28/2013

Benchmark Realty, LLC

Last Buyer's Agent

Bernie Gallerani

Bernie Gallerani Real Estate License # 295782

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $140

Year Built

  • Built in 2014

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 120 x 350

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,310 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room
  • Separate Formal Living Room
  • Storage
  • Crawl Space

Kitchen

  • Microwave
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Schools

  • Portland Gateview Elementary School
  • Portland West Middle School
  • Portland High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • Ridgewood Sub Sec 2 Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 083034J A 00400 00016034J

Home Details

Home Type

Single Family

Est. Annual Taxes

$140

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Contemporary
  • Year Built: 2014
  • Exclusions: Drapes
  • Unit Levels: Two
  • Year Built Details: SPEC
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Alarm, Storage, Utility Connection, Walk-In Closet(s)
  • Appliances: Disposal, Microwave
  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2310
  • Building Area Units: Square Feet
  • Living Area: 2310
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Brick, Vinyl Siding
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Lot Info

  • Lot Size Acres: 1.03
  • Lot Size: 120 X 350
  • Lot Size Units: Acres
  • Parcel #: 083034J A 00400 00016034J
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 140
  • Tax Lot: 8

MLS Schools

  • Elementary School: Portland Gateview Elementary School
  • High School: Portland High School
  • Middle Or Junior School: Portland West Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2013
Closed on
Aug 6, 2014
Sold by
Lee Charles E
Bought by
Shoulders Ronald M and Shoulders Misty D
Seller's Agent
Beverley Drewry
Benchmark Realty, LLC
Buyer's Agent
Bernie Gallerani
Bernie Gallerani Real Estate
List Price
$449,990
Sold Price
$219,000
Premium/Discount to List
-$230,990
-51.33%
Current Estimated Value
$502,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,649
Avg. Annual Appreciation
7.88%
Original Mortgage
$226,227
Interest Rate
4.19%
Mortgage Type
VA

Purchase Details

Closed on
Sep 26, 2013
Sold by
Jackson Teresa Dowlen
Bought by
Lee Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,359
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2008
Sold by
Bratton Luther
Bought by
Dowlen Teresa

Purchase Details

Closed on
Jun 20, 2008
Sold by
Hall Ragan
Bought by
Bratton Luther
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Shoulders Ronald M $219,000 Faith Title And Escrow Inc
Lee Charles E $816,900 Title Escrow Of Robertson Co
Dowlen Teresa $20,000 Benchmark Title Company
Bratton Luther -- Cbc Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shoulders Ronald M $382,500
Closed Shoulders Ronald M $327,500
Closed Shoulders Ronald M $286,720
Closed Shoulders Ronald D $282,775
Closed Shoulders Ronald M $278,910
Closed Shoulders Ronald M $226,227
Previous Owner Lee Charles E $174,500
Previous Owner Lee Charles E $17,359
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Off Market $219,000 -- --
05/18/2016 05/18/16 Price Changed $410,000 -8.9% $177 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $449,990 +105.5% $195 / Sq Ft
08/06/2014 08/06/14 Sold $219,000 -- $95 / Sq Ft
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 $1,768 $124,450 $16,250 $108,200
2023 $1,840 $81,700 $7,350 $74,350
2022 $1,848 $81,700 $7,350 $74,350
2021 $1,848 $81,700 $7,350 $74,350
2020 $1,848 $81,700 $7,350 $74,350
2019 $1,848 $0 $0 $0
2018 $1,414 $0 $0 $0
2017 $1,414 $0 $0 $0
2016 $1,414 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1488147

Realtracs

APN: 034J-A-004.00