NOT LISTED FOR SALE

503 Formosa Dr Columbia, TN 38401

Estimated Value: $351,525

3 Beds
1.5 Baths
1,625 Sq Ft
$216/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $110,000 $68 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $2,216/month

Highlights

  • Covered Patio or Porch
  • Tile Flooring
  • Central Heating
  • Cooling Available
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of February 2015

Exceptional Ranch Brick/vinyl trim on overhang, 3 bedrooms, Updated with Gas HVAC 5 yrs old, insulated windows, storm door. Avg utility bill around $80/monthly. 3 car carport, 1 car detached garage, storage building.Nice level backyard.

Last Agent to Sell the Property

Brady Saunders

From the Ground UP Realty License #255081 Listed on: 10/31/2014

Last Buyer's Agent

Terri Cook

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,206

Year Built

  • Built in 1971

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 120x142

Parking

  • 3 Car Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,625 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Crawl Space
  • Storm Doors

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • R Howell Elementary School
  • E A Cox Middle School
  • Columbia Central High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Porter Hills Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060090C C 03100 00009090C

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,206

Year Built

Built in 1971

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Year Built: 1971
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Smoke Alarm
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1625
  • Building Area Units: Square Feet
  • Living Area: 1625
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Covered Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available

Condo/Co-op/Association

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

Green Features

  • Efficiency: Storm Doors, Windows

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size: 120X142
  • Lot Size Units: Acres
  • Parcel #: 060090C C 03100 00009090C
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1206

MLS Schools

  • Elementary School: R Howell Elementary
  • High School: Columbia Central High School
  • Middle Or Junior School: E A Cox Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Feb 24, 2015
Sold by
Ray Thomas B and Ray Randy G
Bought by
Bryson William P and Bryson Shelley H
Seller's Agent
Brady Saunders
From the Ground UP Realty
Buyer's Agent
Terri Cook
List Price
$518,490
Sold Price
$110,000
Premium/Discount to List
-$408,490
-78.78%
Current Estimated Value
$351,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,525
Original Mortgage
$88,000
Outstanding Balance
$67,548
Interest Rate
3.74%
Mortgage Type
Farmers Home Administration

Purchase Details

Closed on
Dec 18, 2001
Sold by
Ray Thomas C and Ray Sarah B
Bought by
Ray Thomas B and Ray Randy G

Purchase Details

Closed on
Aug 22, 1991
Bought by
Ray Thomas C and Ray Sarah B

Purchase Details

Closed on
Nov 6, 1985
Bought by
Huey Anthony D and Huey Valerie
Source: Public Records

Range of Values:

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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
Bryson William P $110,000 None Available
Ray Thomas B -- --
Ray Thomas C $66,000 --
Huey Anthony D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bryson William P $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2017 05/03/17 Off Market $110,000 -- --
04/10/2017 04/10/17 For Sale $518,490 +371.4% $319 / Sq Ft
02/26/2015 02/26/15 Sold $110,000 -- $68 / 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
2022 $1,819 $66,500 $15,000 $51,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1587342

Realtracs

APN: 090C-C-031.00