$265,000
SOLD NOV 14, 2018

535 Martin Chapel Rd Portland, TN 37148

3 Beds
2.5 Baths
1,728 Sq Ft
5.3 Acres

Recently Sold

$153 Per Sq Ft

65% Below List Price

Highlights

  • 5.3 Acre Lot
  • Wood Flooring
  • Cottage
  • Portland West Middle School Rated A-
  • 2 Fireplaces
  • Covered patio or porch

About This Home

As of January 2019

Are you looking for a home that allows you to spread out and enjoy privacy? This one story 3 bedroom home has an oversized outbuilding (30x30) that has electricity plus an oversized 3 car bay garage with an office and workshop area...the possibilities are endless and you have over 5 acres to plant a garden, add a pool, or just enjoy the view!

Last Agent to Sell the Property

Kay Cook

Compass RE License #231634 Listed on: 07/05/2018

Compass RE

Co-Listed By

Mike & April Walls

Benchmark Realty, LLC License #271552

Last Buyer's Agent

Gwen Dowland

RE/MAX Choice Properties License #244049

RE/MAX Choice Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,058

Year Built

  • Built in 1993

Lot Details

  • 5.3 Acre Lot

Parking

  • 4 Car Garage
  • Driveway

Home Design

  • Cottage
  • Hardboard

Interior Spaces

  • 1,728 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Covered patio or porch
  • Outdoor Storage

Schools

  • Watt Hardison Elementary School
  • Portland West Middle School
  • Portland High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • Martin Chapel Road Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083003 03200 00013003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,058

Year Built

Built in 1993

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1993
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Finished Wood
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1728
  • Building Area Units: Square Feet
  • Living Area: 1728
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Hardboard 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: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Detached, Driveway
  • Total Parking Spaces: 4

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: 5.3
  • Lot Size Units: Acres
  • Parcel #: 083003 03200 00013003
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1058

MLS Schools

  • Elementary School: Watt Hardison Elementary
  • 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
Jul 5, 2018
Closed on
Nov 14, 2018
Sold by
Mead Carmen and Mead Richard
Bought by
Lowrance Douglas S and Lowrance Cheryl Jo
Seller's Agent
Kay Cook
Compass RE
Buyer's Agent
Gwen Dowland
RE/MAX Choice Properties
List Price
$750,000
Sold Price
$265,000
Premium/Discount to List
-$485,000
-64.67%
Current Estimated Value
$416,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,221
Avg. Annual Appreciation
6.78%

Purchase Details

Closed on
Aug 24, 2007
Sold by
Clark R Russell
Bought by
Mead Richard and Mead Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,800
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $265,000 Ark Title Group Llc
Warranty Deed $150,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,000 Credit Line Revolving
Previous Owner $109,200 New Conventional
Previous Owner $103,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 For Sale $419,900 -44.0% $377 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
02/20/2021 02/20/21 For Sale $750,000 +733.3% $434 / Sq Ft
01/18/2019 01/18/19 Sold $90,000 -66.0% $81 / Sq Ft
11/14/2018 11/14/18 Sold $265,000 -- $153 / 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 $1,513 $106,500 $38,875 $67,625
2023 $1,283 $56,975 $14,000 $42,975
2022 $1,289 $56,975 $14,000 $42,975
2021 $1,289 $56,975 $14,000 $42,975
2020 $1,289 $56,975 $14,000 $42,975
2019 $1,289 $0 $0 $0
2018 $1,058 $0 $0 $0
2017 $1,058 $0 $0 $0
2016 $1,058 $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: 1947061

Realtracs

APN: 003-032.00