NOT LISTED FOR SALE

520 College St Portland, TN 37148

Estimated Value: $363,000 - $486,000

-- Bed
3 Baths
3,538 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $379,900 $107 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,397/month

2 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1 Car Garage
  • Portland West Middle School Rated A-
  • Central Heating and Cooling System
  • Property has 1 Level

About This Home

As of May 2024

What a rare find in Portland. Duplex one side is 3 bed 1 bath other side 4 bed 1.5 bath. Fabulous income opportunity. Updates throughout. No need to find new tenants, they would like to stay.

Last Agent to Sell the Property

Brent Hastings

Network Properties, LLC Brokerage Phone: 6152940035 License #370613 Listed on: 04/08/2024

Last Buyer's Agent

Madison (Maddey) Vaughn

CENTURY 21 Paramount License #256707

CENTURY 21 Paramount

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,891

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 200x200

Parking

  • 1 Car Garage

Home Design

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

Interior Spaces

  • 3,538 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Laminate
  • Tile

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $2,500
  • Assessor Parcel Number 034D B 00700 000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $30,000
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,891

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1963
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Laminate, Tile
  • Above Grade Finished Sq Ft: 3538
  • Building Area Units: Square Feet
  • Living Area: 3538
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Attached - Side
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Res
  • Lot Size: 200X200
  • Lot Size Units: Acres
  • Parcel #: 034D B 00700 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 30000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 30000
  • Number Of Units Total: 2
  • Total Actual Rent: 2500

Tax Info

  • Tax Annual Amount: 2891

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
Apr 8, 2024
Closed on
May 17, 2024
Sold by
Young Holdings Llc
Bought by
Nadauld Family Revocable Trust and Nadauld
Seller's Agent
Brent Hastings
Network Properties, LLC
Buyer's Agent
Madison (Maddey) Vaughn
CENTURY 21 Paramount
List Price
$379,900
Sold Price
$379,900
Views
8
Current Estimated Value
$416,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,229
Avg. Annual Appreciation
6.39%
Original Mortgage
$190,000
Outstanding Balance
$179,197
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$236,932

Purchase Details

Listed on
Mar 10, 2018
Closed on
Apr 19, 2018
Sold by
Robertson Marie
Bought by
Young Holdings Llc
Seller's Agent
Brian Harbin
Wally Gilliam Realty & Auction
Buyer's Agent
Brian Harbin
Wally Gilliam Realty & Auction
List Price
$260,000
Sold Price
$175,000
Premium/Discount to List
-$85,000
-32.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.60%
Original Mortgage
$195,843
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 2, 2004
Sold by
Bailey Walter W and Baker Denise Bailey
Bought by
Robertson John and Robertson Marie
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nadauld Family Revocable Trust $379,900 None Listed On Document
Young Holdings Llc $175,000 Cbc Title & Escrow
Robertson John $98,000 Title Escrow Robertson Count
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nadauld Family Revocable Trust $190,000
Previous Owner Young Holdings Llc $195,843
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2024 05/17/24 Sold $379,900 0.0% $107 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $379,900 +117.1% $107 / Sq Ft
09/16/2020 09/16/20 Off Market $175,000 -- --
09/06/2020 09/06/20 For Sale $260,000 +48.6% $73 / Sq Ft
04/20/2018 04/20/18 Sold $175,000 -- $49 / 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 $2,631 $185,120 $30,520 $154,600
2023 $2,891 $84,720 $19,080 $65,640
2022 $2,814 $84,720 $19,080 $65,640
2021 $2,814 $84,720 $19,080 $65,640
2020 $2,814 $84,720 $19,080 $65,640
2019 $3,832 $0 $0 $0
2018 $2,567 $0 $0 $0
2017 $2,435 $0 $0 $0
2016 $2,435 $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: 2640362

Realtracs

APN: 034D-B-007.00