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118 Heritage Drive

118 Heritage Drive, Portland, TN 37148
Property in Sumner
Sold Jan 14, 2021
$230,000
$232,323 by Us Bank Na
Mortgage Due Feb 01, 2051
Sold Nov 29, 2012
$112,500
$106,875 by The Farmers Bank
Mortgage Due Dec 01, 2042
118 Heritage 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 1999 and is 25 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 118 Heritage Drive has 1,987 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 1,616 ft and across the front of the lot is 950 ft. The area measurement of the land has been determined as 15,350 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. 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. The property was last sold in Jan 13, 2021 for $230,000. That's $115.75 per sqft. Prior to that sales transaction, the property was also sold in Nov 27, 2012 for $112,500. 118 Heritage Drive was last assessed in 2023. The total value of the property was assessed at $51,175. Specifically, the land the property is located on was valued at $13,000. While improvements on the property were assessed at a total of $38,175. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,746. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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 Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,350
  • Lot Size Depth Feet: 1,616
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,987
  • Gross Building Area: 1,971
  • Building Area: 1,987
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,987
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HERITAGE CHASE SUB S
  • Land Acres: 0.352
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT: 18 PAGE: 34 BLOCK: LOT: 63 SUBD: HERITAGE CHASE SUB SEC 1

Ownership

  • Current Owner : GARRISON AMY MICHELLE
  • Previous Owner : STEWART STACEY L
  • Previous Owner 2: STEWART LISA L
  • Owner Before Previous Owner: REID PHILLIP B
  • Owner Before Previous Owner 2: REID CARLTON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sumner County School District
  • School Tax School District: 83584
  • Census Tract: 020205

Geography

  • Assessors Map Reference: 019M
  • District: 16
  • Parcel: 083019M E 04800
  • Lot: 63
  • Municipality: PORTLAND
  • Latitude: 36.5935
  • Longitude: -86.535

    Address

  • Full Address: 118 Heritage Dr
  • Address - House Number: 118
  • Address - Street Name: Heritage
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Portland
  • Carrier Code: R013
  • 4-Digit Zip Code: 1754
  • Zip Code: 37148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,746
  • Tax Rate Code Area: 83A06

    Appraisal Valuation

  • Standard Deviation: 0.2119
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 354,155
  • High Value: 429,229
  • Low Value: 279,080

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,323
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jan 14, 2021
  • First Open Lien Mortgage Loan Amount: $232,323
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $204,700
  • Market Land Value: $52,000
  • Market Improvement Value: $152,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,175
  • Assessed Land Value: $13,000
  • Assessed Improvements Value: $38,175

    Sales

  • Current Sale Contract Date: Jan 13, 2021
  • Current Sale Recording Date: Jan 14, 2021
  • Current Sale Transaction ID: 11814296415
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1346011
  • Previous Sale Recording Date: Nov 29, 2012
  • Previous Sale Contract Date: Nov 27, 2012
  • Previous Sale Amount: $112,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jan 14, 2021
  • First Mortgage Loan Amount: $232,323
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THE FARMERS BANK
  • Previous Mortgage Transaction Date: Nov 29, 2012
  • Previous Mortgage Loan Amount: $106,875
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2042

About Portland



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Frequently Asked Questions

What neighborhood is 118 Heritage Drive located in?
The 118 Heritage Drive is a located in the neighborhood of Sumner in Portland, Portland.
What is the average sales price for listings in 118 Heritage Drive?
The average sales price for units in 118 Heritage Drive is $0 currently.

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