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112 Main Street

112 Main Street, Portland, TN 37148
Commercial in Sumner
1 Units For Sale
Unit for sale at 112 Main St, Portland, TN 37148

$189,900

  • Commercial
  • 1,760 ft²
112 Main St, Portland, TN 37148 Listing by Heather Devermann

112 Main Street has been categorized by the local assessors in Portland, TN as a commercial type of property. The building on the property was first built in 1940 and is 84 years old. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 112 Main Street has 4,592 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 900 ft and across the front of the lot is 230 ft. The area measurement of the land has been determined as 2,070 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a prestress concrete style roof made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 112 Main Street sold most recently in Mar 4, 2020 for a total of $115,000. If you work out the math, that's approximately a cost of $59.40 per sqft. 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 $888 in taxes each year. The initial year of tax delinquency occurred in 2020. 112 Main Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $26,000. If we break it down further, the land itself was valued at $13,640. Improvements to the property, however, were assessed at a total of $12,360. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200130
01/30/2020
Studio
-
1760 ft²
$125,000
bedrooms
Studio
bathrooms
-
square feet
1760 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Prestress concrete
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,070
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 230
  • Total Building Area: 1,936
  • Gross Building Area: 1,936
  • Building Area: 1,936
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 4,592
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 0.048
  • Standard Land Use Code: Retail stores (personal services, photography, travel)
  • County Land Use Code: Easement (misc.)
  • Legal Description 1: DISTRICT: 16, COUNTY AREA: P01

Ownership

  • Current Owner : DIBENEDETTO SAL
  • Previous Owner : HAMILTON JOHN HOWARD
  • Previous Owner 2: HAMILTON CAROL BETH

Neighborhood

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

Geography

  • Assessors Map Reference: 033H
  • District: 16
  • Parcel: 083033H D 02000
  • Municipality: PORTLAND
  • Latitude: 36.5807
  • Longitude: -86.5154

    Address

  • Full Address: 112 Main St
  • Address - House Number: 112
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: TN
  • City Name: Portland
  • Carrier Code: C001
  • 4-Digit Zip Code: 1218
  • Zip Code: 37148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $888
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 83A06

    Market Valuation

  • Market Total Value: $65,000
  • Market Land Value: $34,100
  • Market Improvement Value: $30,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,000
  • Assessed Land Value: $13,640
  • Assessed Improvements Value: $12,360

    Sales

  • Current Sale Contract Date: Mar 04, 2020
  • Current Sale Recording Date: Mar 05, 2020
  • Current Sale Transaction ID: 11748372071
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1302943

About Portland



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Nearby Rentals

Unit for rent at

$879 /mo

  • 1 Bed
  • 1 Bath
  • 616 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 112 Main Street located in?
The 112 Main Street is a commercial located in the neighborhood of Sumner in Portland, Portland.
How many listings are currently for sale in 112 Main Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 112 Main Street?
The average sales price for units in 112 Main Street is $189,900 , or $108/sqft. currently.

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