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Portland 37148
1015 Founders Lane
$549,771*
House - In Contract

1015 Founders Lane

Portland, TN 37148
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2164 Sqft
$351,000 - $427,000
Reference Base Price*
41.33%
Since Jun 1, 2020
National-US
Primary Model
Sold Jun 26, 2020
$381,500
$305,200 by F & M Bank
Mortgage Due Jul 01, 2050
Sold Apr 22, 2019
$41,000

About This Property

The manager has listed the unit size as 2164 square feet.
Unit Size
2,164Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$180
Property Type
House
Property Taxes
$108
HOA Dues
-
Year Built
2019

Price History

Date / Event Date Event Price
Jun 26, 2020 Sold to Lea D Griffin, Michael W Gr... $381,500
Sold to Lea D Griffin, Michael W Gr...
May 27, 2020 In contract -
In contract
May 16, 2020 Listed $389,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 2,158
  • Gross Building Area: 3,820
  • Building Area: 2,158
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,158
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WAVERLY POINTE SUB
  • Land Acres: 1.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT: 23 PAGE: 105 BLOCK: LOT: 3 SUBD: WAVERLY POINTE SUB

Ownership

  • Current Owner : GRIFFIN MICHAEL W
  • Current Owner 2: GRIFFIN LEA D
  • Previous Owner : MEYER HOMES LLC
  • Owner Before Previous Owner: RICK TROUTT BUILDERS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Sumner County School District
  • School Tax School District: 83584
  • Census Tract: 020204

Geography

  • Assessors Map Reference: 020A
  • District: 16
  • Parcel: 083020A A 00300
  • Lot: 3
  • Municipality: PORTLAND
  • Latitude: 36.6077
  • Longitude: -86.5215

    Address

  • Full Address: 1015 Founders Ln
  • Address - House Number: 1015
  • Address - Street Name: Founders
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Portland
  • Carrier Code: R010
  • 4-Digit Zip Code: 5164
  • Zip Code: 37148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,890
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 83A06

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 517,868
  • High Value: 616,068
  • Low Value: 419,668

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $305,200
  • First Open Lien Mortgage Lender: F & M BANK
  • First Open Lien Mortgage Recording Date: Jun 26, 2020
  • First Open Lien Mortgage Loan Amount: $305,200
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $338,800
  • Market Land Value: $47,700
  • Market Improvement Value: $291,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,700
  • Assessed Land Value: $11,925
  • Assessed Improvements Value: $72,775

    Sales

  • Current Sale Contract Date: Jun 25, 2020
  • Current Sale Recording Date: Jun 26, 2020
  • Current Sale Transaction ID: 11773752496
  • Current Sale Price: $381,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1316904
  • Previous Sale Recording Date: Apr 22, 2019
  • Previous Sale Contract Date: Apr 18, 2019
  • Previous Sale Amount: $41,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: F & M BANK
  • First Mortgage Transaction Date: Jun 26, 2020
  • First Mortgage Loan Amount: $305,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
4 Baths
2,345 ft²
$160/ft²
$375,000 Jul 28, 2020
-
$1,668/mo
House
3 Beds
3 Baths
2,634 ft²
$159/ft²
$419,900 May 20, 2020
-
$309/mo
House
3 Beds
3 Baths
3,025 ft²
$142/ft²
$429,000 Mar 9, 2020
-
$391/mo
In Contract
House
4 Beds
2 Baths
2,355 ft²
$174/ft²
$409,900 Feb 6, 2021
-
$1,800/mo
House
4 Beds
4 Baths
3,190 ft²
$145/ft²
$464,000 May 2, 2020
-
-

About Portland


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Frequently Asked Questions

When was property at 1015 Founders Lane built and last sold?
The property at 1015 Founders Lane was built in 2019 and last sold on Jun 25, 2020 for $381,500.
How much is this home worth?
The estimated value of the home located at 1015 Founders Lane is $392,890.
What are some comparable homes to 1015 Founders Lane?
There are currently no comparable homes to 1015 Founders Lane.

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