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1001 South Russell Street

1001 South Russell Street, Portland, TN 37148
House in Sumner
Sold Jun 06, 2022
$287,000
$162,000 by Home Loan Expert Llc
Mortgage Due Jun 01, 2052
Sold Nov 08, 2021
$184,900
$166,000 by Easy Street Capital Investment
Mortgage
Local assessors in Portland, TN have categorized 1001 South Russell Street as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 15,000 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,000 ft. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1001 South Russell Street has a total of 1,310 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 1,310 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 520 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of paneling. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1001 South Russell Street sold most recently in May 20, 2022 for a total of $287,000. If you work out the math, that's approximately a cost of $219.08 per sqft. Before that, the property was also sold for $184,900 in Nov 2, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,036 in taxes each year. 1001 South Russell Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $30,375. If we break it down further, the land itself was valued at $11,925. Improvements to the property, however, were assessed at a total of $18,450. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Asbestos Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 1,310
  • Parking Type: Attached
  • Garage Type: Mixed use
  • Garage Square Area: 520
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,310
  • Gross Building Area: 1,930
  • Building Area: 1,310
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,310
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.344
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 16, COUNTY AREA: P01

Ownership

  • Current Owner : PILKINGTON LEE CAVENDER
  • Previous Owner : JANIS RITTERSBEEK
  • Owner Before Previous Owner: RICHARDSON TROY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Sumner County School District
  • School Tax School District: 83584
  • Census Tract: 020300

Geography

  • Assessors Map Reference: 033J
  • District: 16
  • Parcel: 083033J G 02200
  • Municipality: PORTLAND
  • Latitude: 36.574
  • Longitude: -86.5076

    Address

  • Full Address: 1001 S Russell St
  • Address - House Number: 1001
  • Street Direction: S
  • Address - Street Name: Russell
  • Address - Suffix Type: St
  • State: TN
  • City Name: Portland
  • Carrier Code: C001
  • 4-Digit Zip Code: 1448
  • Zip Code: 37148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,036
  • Tax Rate Code Area: 83A06

    Appraisal Valuation

  • Standard Deviation: 0.2753
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 60
  • Final Value: 300,668
  • High Value: 383,459
  • Low Value: 217,877

    Open Liens

  • First Open Lien Mortgage Lender: HOME LOAN EXPERT LLC
  • First Open Lien Mortgage Recording Date: Jun 06, 2022
  • First Open Lien Mortgage Loan Amount: $162,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $121,500
  • Market Land Value: $47,700
  • Market Improvement Value: $73,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $30,375
  • Assessed Land Value: $11,925
  • Assessed Improvements Value: $18,450

    Sales

  • Current Sale Contract Date: May 20, 2022
  • Current Sale Recording Date: Jun 06, 2022
  • Current Sale Transaction ID: 11889620537
  • Current Sale Price: $287,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1418077
  • Previous Sale Recording Date: Nov 08, 2021
  • Previous Sale Contract Date: Nov 02, 2021
  • Previous Sale Amount: $184,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME LOAN EXPERT LLC
  • First Mortgage Transaction Date: Jun 06, 2022
  • First Mortgage Loan Amount: $162,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: EASY STREET CAPITAL INVESTMENT
  • Previous Mortgage Transaction Date: Nov 08, 2021
  • Previous Mortgage Loan Amount: $166,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Portland



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Frequently Asked Questions

What neighborhood is 1001 South Russell Street located in?
The 1001 South Russell Street is a house located in the neighborhood of Sumner in Portland, Portland.
What is the average sales price for listings in 1001 South Russell Street?
The average sales price for units in 1001 South Russell Street is $0 currently.

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