NOT LISTED FOR SALE

220 Kerr Way Portland, TN 37148

Estimated Value: $169,000 - $373,000

-- Bed
2 Baths
1,630 Sq Ft
$188/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $334,900 $205 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,720/month

5 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property has 1 Level
  • Portland West Middle School Rated A-
  • Carpet

About This Home

As of October 2023

New Construction Duplex! All Brick! Perfect Location in Town! 2 bedrooms/1 bath! Buyer will set rent and all lease info. New Stainless appliances included: Fridge, stove, microwave and dishwasher. LVP flooring and carpet! All utilities are individual meters and all paid by tenants. On sewer with city water! Great established subdivision of duplexes! NINE MORE DUPLEXES being built! All net and gross incomes are estimates because this is new construction.

Last Agent to Sell the Property

Amy Somerville

EXIT Realty Refined License #292542 Listed on: 09/19/2023

EXIT Realty Refined

Last Buyer's Agent

Patricia Romain

Benchmark Realty, LLC License #289611

Benchmark Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $396

Year Built

  • Built in 2023

Lot Details

  • 0.26

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1,630 Sq Ft Home
  • Property has 1 Level
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Schools

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

Additional Features

  • 0.26 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $2,400
  • Assessor Parcel Number 034E D 01300 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Orchard Park Subdivision

Building Details

  • Gross Income $28,800
  • Net Operating Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$396

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2023
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: NEW
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Above Grade Finished Sq Ft: 1630
  • Building Area Units: Square Feet
  • Living Area: 1630
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RM1
  • Lot Size Acres: 0.26
  • Lot Size Units: Acres
  • Parcel #: 034E D 01300 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 28800
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 28800
  • Number Of Units Total: 2
  • Total Actual Rent: 2400

Tax Info

  • Tax Annual Amount: 396

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 19, 2023
Closed on
Oct 17, 2023
Sold by
Somerville Steve
Bought by
Puccini Jennifer Lyn and Jackson Katie Leigh
Seller's Agent
Amy Somerville
EXIT Realty Refined
Buyer's Agent
Patricia Romain
Benchmark Realty, LLC
List Price
$334,900
Sold Price
$334,900
Views
6
Current Estimated Value
$306,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,055
Avg. Annual Appreciation
-4.10%
Original Mortgage
$328,833
Outstanding Balance
$322,440
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
-$15,595
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
Puccini Jennifer Lyn $334,900 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puccini Jennifer Lyn $328,833
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2023 10/17/23 Sold $334,900 0.0% $205 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $334,900 -- $205 / 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 $1,230 $86,525 $16,250 $70,275
2023 $407 $11,925 $11,925 $0
2022 $270 $11,925 $11,925 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Somerville

    Seller's Agent in 2023

    Amy Somerville

    EXIT Realty Refined

    (615) 498-5575

    37 in this area

    116 Total Sales

    Amy Somerville
    Section Image
  • Patricia Romain

    Buyer's Agent in 2023

    Patricia Romain

    Benchmark Realty, LLC

    (615) 288-8292

    2 in this area

    39 Total Sales

    Patricia Romain
    Section Image
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Map

Source: Realtracs

MLS Number: 2572829

Realtracs

APN: 083034E D 01300

Tennessee Sumner County Portland 37148

220 Kerr Way, Portland, TN

Not Listed for Sale

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