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116 Oak Hill Drive

116 Oak Hill Drive, Portland, TN 37148
House in Sumner
Refi Sep 21, 2022
Transfer
$289,165 by Fairway Independent Mortgage C
Mortgage Due Oct 01, 2052
116 Oak Hill Drive has been categorized by the local assessors in Portland, TN as a residential type of property. The building on the property was first built in 2020 and is 4 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 116 Oak Hill Drive has 1,288 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 21,376 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. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. 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 gable or hip style roof made of composition shingle. The exterior walls of the building are made of unknown. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $1,617 in taxes each year. 116 Oak Hill Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $47,375. 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 $35,450. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Condition

New Construction

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • 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: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 21,376
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,288
  • Gross Building Area: 1,333
  • Building Area: 1,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,288
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.49
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PB31 PG383 LOT2

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: 019
  • Parcel: 083019 10502
  • Block: 383
  • Lot: 2
  • Municipality: PORTLAND
  • Latitude: 36.591
  • Longitude: -86.5315

    Address

  • Full Address: 116 Oak Hill Dr
  • Address - House Number: 116
  • Address - Street Name: Oak Hill
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Portland
  • Carrier Code: R013
  • 4-Digit Zip Code: 1734
  • Zip Code: 37148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,617
  • Tax Rate Code Area: 83A06

    Appraisal Valuation

  • Standard Deviation: 0.0846
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 292,442
  • High Value: 317,190
  • Low Value: 267,694

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $306,835
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Sep 21, 2022
  • First Open Lien Mortgage Loan Amount: $289,165
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052
  • Second Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Second Open Lien Mortgage Recording Date: Sep 21, 2022
  • Second Open Lien Mortgage Loan Amount: $17,670
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $189,500
  • Market Land Value: $47,700
  • Market Improvement Value: $141,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,375
  • Assessed Land Value: $11,925
  • Assessed Improvements Value: $35,450

About Portland



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Frequently Asked Questions

What neighborhood is 116 Oak Hill Drive located in?
The 116 Oak Hill Drive is a house located in the neighborhood of Sumner in Portland, Portland.
What is the average sales price for listings in 116 Oak Hill Drive?
The average sales price for units in 116 Oak Hill Drive is $0 currently.

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