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122 Rolling Meadows Drive

122 Rolling Meadows Drive, Portland, TN 37148
Property in Sumner
Sold Dec 12, 1997
$87,000
$87,000 by The Farmers Bank
Mortgage
Sold Oct 28, 1996
$10,500
Local assessors in Portland, TN have categorized 122 Rolling Meadows Drive as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 36,000 square feet. The linear feet between the front and back of the lot was measured at 2,406 ft and the front of the lot was measured at 1,500 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 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 122 Rolling Meadows Drive has a total of 1,595 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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 720 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened 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 a packaged air conditioning unit 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, 122 Rolling Meadows Drive sold most recently in Nov 21, 1997 for a total of $87,000. If you work out the math, that's approximately a cost of $54.55 per sqft. Before that, the property was also sold for $10,500 in Oct 28, 1996. 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 $1,909 in taxes each year. 122 Rolling Meadows Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $55,950. 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 $44,025. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 36,000
  • Lot Size Depth Feet: 2,406
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,595
  • Gross Building Area: 2,351
  • Building Area: 1,595
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,595
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SHANNON ESTATES SEC
  • Land Acres: 0.826
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT: 13 PAGE: 201 BLOCK: LOT: 52 SUBD: SHANNON ESTATES SEC 3

Ownership

  • Current Owner : SEARCY HAROLD E
  • Current Owner 2: SEARCY ANNA JO
  • Previous Owner : RALPH WOODS
  • Owner Before Previous Owner: SHANNON ROBERT L
  • Owner Before Previous Owner 2: SHANNON MARY HOLMES
  • 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: 020G
  • District: 16
  • Parcel: 083020G A 03500
  • Lot: 52
  • Municipality: PORTLAND
  • Latitude: 36.6037
  • Longitude: -86.5123

    Address

  • Full Address: 122 Rolling Meadows Ave
  • Address - House Number: 122
  • Address - Street Name: Rolling Meadows
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Portland
  • Carrier Code: R010
  • 4-Digit Zip Code: 2034
  • Zip Code: 37148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,909
  • Tax Rate Code Area: 83A06

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 379,159
  • High Value: 451,057
  • Low Value: 307,262

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $103,736
  • First Open Lien Mortgage Lender: THE FARMERS BANK
  • First Open Lien Mortgage Recording Date: Dec 12, 1997
  • First Open Lien Mortgage Loan Amount: $87,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • Second Open Lien Mortgage Lender: OUTBACK BUILDERS INC
  • Second Open Lien Mortgage Recording Date: Jun 01, 1998
  • Second Open Lien Mortgage Loan Amount: $16,736
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $223,800
  • Market Land Value: $47,700
  • Market Improvement Value: $176,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,950
  • Assessed Land Value: $11,925
  • Assessed Improvements Value: $44,025

    Sales

  • Current Sale Contract Date: Nov 21, 1997
  • Current Sale Recording Date: Dec 12, 1997
  • Current Sale Transaction ID: 1145927289
  • Current Sale Price: $87,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 412053
  • Previous Sale Recording Date: Oct 28, 1996
  • Previous Sale Contract Date: Oct 28, 1996
  • Previous Sale Amount: $10,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FARMERS BANK
  • First Mortgage Transaction Date: Dec 12, 1997
  • First Mortgage Loan Amount: $87,000
  • First Mortgage Terms: 360

About Portland



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Frequently Asked Questions

What neighborhood is 122 Rolling Meadows Drive located in?
The 122 Rolling Meadows Drive is a located in the neighborhood of Sumner in Portland, Portland.
What is the average sales price for listings in 122 Rolling Meadows Drive?
The average sales price for units in 122 Rolling Meadows Drive is $0 currently.

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