Seller's Agent in 2023
Randy Lawyer
Benchmark Realty, LLC
(615) 389-1650
6 in this area
76 Total Sales
508 W Market St Portland, TN 37148
Estimated Value: $237,000 - $353,000
5
Beds
3
Baths
2,331
Sq Ft
$119/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Heating Available
- Portland West Middle School Rated A-
- Carpet
- Property has 1 Level
About This Home
As of October 2023**PLEASE Do NOT approach tenants! $2,050 monthly Rental. Must make offer contingent on viewing, Proof of Funds must be presented with offer. Sold as-is/where-is. Close to town. Fully Rented UNIT A & C have been remodeled. NEW ROOF & Appraised for $250,000 in 2020.
Last Agent to Sell the Property
Benchmark Realty, LLC Brokerage Phone: 6153891650 License #332930 Listed on: 06/08/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,679
Year Built
- Built in 1965
Lot Details
- 0.74
Home Design
- Property Attached
- Brick Exterior Construction
Interior Spaces
- 2,331 Sq Ft Home
- Property has 1 Level
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
Schools
- Portland Gateview Elementary School
- Portland West Middle School
- Portland High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Listing and Financial Details
- Total Actual Rent $2,050
- The owner pays for water
- Assessor Parcel Number 034E B 01601 000
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $1
- Gross Income $2,050
- Net Operating Income $2,049
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2023
Closed on
Oct 6, 2023
Sold by
Lawyer Randall J and Lawyer Carie J
Bought by
Ray Sarah Lynn
Seller's Agent
Randy Lawyer
Benchmark Realty, LLC
Buyer's Agent
Stewart Halcomb
RE/MAX Choice Properties
List Price
$251,000
Sold Price
$237,000
Premium/Discount to List
-$14,000
-5.58%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,511
Avg. Annual Appreciation
4.95%
Original Mortgage
$177,750
Outstanding Balance
$175,086
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$83,948
Purchase Details
Closed on
Jul 25, 2019
Sold by
Gomer Johnny and Gomer Megan
Bought by
Lawyer Randall J and Lawyer Carie J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,600
Interest Rate
3.82%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ray Sarah Lynn | $237,000 | Property Title Services | |
| Lawyer Randall J | $127,000 | Cbc Title & Escrow |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ray Sarah Lynn | $177,750 | |
| Previous Owner | Lawyer Randall J | $101,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/17/2023 10/17/23 | Sold | $237,000 | -5.6% | $102 / Sq Ft |
| 06/11/2023 06/11/23 | Pending | -- | -- | -- |
| 06/08/2023 06/08/23 | For Sale | $251,000 | -- | $108 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $1,581 | $111,240 | $26,000 | $85,240 |
| 2023 | $1,726 | $50,560 | $19,080 | $31,480 |
| 2022 | $1,680 | $50,560 | $19,080 | $31,480 |
| 2021 | $1,680 | $50,560 | $19,080 | $31,480 |
| 2020 | $1,680 | $50,560 | $19,080 | $31,480 |
| 2019 | $2,288 | $0 | $0 | $0 |
| 2018 | $1,139 | $0 | $0 | $0 |
| 2017 | $1,080 | $0 | $0 | $0 |
| 2016 | $1,080 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Stewart Halcomb
RE/MAX Choice Properties
(615) 545-2298
5 in this area
94 Total Sales
Map
Source: Realtracs
MLS Number: 2534762
APN: 034E-B-016.01
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