116 Megann Drive

Local assessors in Portland, TN have categorized 116 Megann Drive as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 23,850 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 1,590 ft. As for the restroom situation, there are 8 full bathrooms. There are also 8 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 116 Megann Drive has a total of 5,148 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. 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 brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning 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, 116 Megann Drive sold most recently in Oct 22, 2001 for a total of $20,000. If you work out the math, that's approximately a cost of $3.89 per sqft. Before that, the property was also sold for $20,000 in Oct 22, 2001. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $4,668 in taxes each year. 116 Megann Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $136,800. If we break it down further, the land itself was valued at $12,800. Improvements to the property, however, were assessed at a total of $124,000. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.