See Home Value
Portland 37148
401 W Market St
$171,279*
House - Off Market

401 W Market St

Portland, TN 37148
bedrooms
2 Beds
bathrooms
1 Bath
square feet
996 Sqft
$130,000 - $158,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model
Sold Jul 13, 2021
$145,000
$108,000 by Cedarstone Bank
Mortgage Due Jul 12, 2026
Sold Dec 06, 2005
$1,000

About This Property

SHOWINGS BY APPOINTMENT ONLY!! CALL SHOWING CENTER.....Investment opportunity. WILL NOT GO FHA, VA, USDA...ONLY CASH OR CONVENTIONAL. Investment opportunity, THIS IS 2 RENTAL PROPERTIES 401 & 307.  Being Sold As-Is/Where-Is, No warranties written or implied. All information believed to be true, not measured.

The manager has listed the unit size as 996 square feet.
Unit Size
996Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$145
Property Type
House
Property Taxes
$952
HOA Dues
-
Year Built
1952

Price History

Date / Event Date Event Price
Jul 13, 2021 Sold $145,000
Sold
May 29, 2021 No longer available -
No longer available
Apr 29, 2021 Relisted $144,000
Relisted
Apr 28, 2021 No longer available -
No longer available
Apr 16, 2021 Listed $144,000
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Paneling
  • 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: 996
  • Garage Type: Detached
  • Garage Square Area: 416
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,234
  • Lot Size Depth Feet: 1,148
  • Lot Size Frontage Feet: 815
  • Total Building Area: 996
  • Gross Building Area: 1,136
  • Building Area: 996
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 996
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MCGLOTHLIN RESUB LOTS 4-6
  • Land Acres: 0.212
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT: 12-DB99 PAGE: 284-554 BLOCK: D LOT: 1-4-6 SUBD: MCGLOTHLIN RESUB LOTS 4-6

Ownership

  • Current Owner : CHAPMAN TEAM PROPERTIES LLC
  • Previous Owner : BANDY TIMOTHY WAYNE
  • Previous Owner 2: ESTATE OF JIMMY DALE BANDY
  • Owner Before Previous Owner: BROWN LESLIE DAVID
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

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 F 00700
  • Block: D
  • Lot: Apr 06, 2001
  • Municipality: PORTLAND
  • Latitude: 36.5806
  • Longitude: -86.5219

    Address

  • Full Address: 401 W Market St
  • Address - House Number: 401
  • Street Direction: W
  • Address - Street Name: Market
  • Address - Suffix Type: St
  • State: TN
  • City Name: Portland
  • Carrier Code: C001
  • 4-Digit Zip Code: 1340
  • Zip Code: 37148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $977
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 83A06

    Appraisal Valuation

  • Standard Deviation: 0.2184
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 218,526
  • High Value: 266,257
  • Low Value: 170,796

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $108,000
  • First Open Lien Mortgage Lender: CEDARSTONE BANK
  • First Open Lien Mortgage Recording Date: Jul 13, 2021
  • First Open Lien Mortgage Loan Amount: $108,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jul 12, 2026

    Market Valuation

  • Market Total Value: $114,600
  • Market Land Value: $47,700
  • Market Improvement Value: $66,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,650
  • Assessed Land Value: $11,925
  • Assessed Improvements Value: $16,725

    Sales

  • Current Sale Contract Date: Jul 12, 2021
  • Current Sale Recording Date: Jul 13, 2021
  • Current Sale Transaction ID: 11843516003
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1373049
  • Previous Sale Recording Date: Dec 06, 2005
  • Previous Sale Contract Date: Dec 06, 2005
  • Previous Sale Amount: $1,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CEDARSTONE BANK
  • First Mortgage Transaction Date: Jul 13, 2021
  • First Mortgage Loan Amount: $108,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jul 12, 2026



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
958 ft²
$158/ft²
$150,900 Jan 13, 2020
-
$485/mo
House
2 Beds
1 Bath
966 ft²
$166/ft²
$160,000 Jun 12, 2020
-
-
House
2 Beds
1 Bath
1,027 ft²
$122/ft²
$125,000 Jun 25, 2021
-
$436/mo
In Contract
House
2 Beds
1 Bath
868 ft²
$178/ft²
$154,900 Jan 25, 2020
-
$850/mo
House
2 Beds
1 Bath
852 ft²
$141/ft²
$120,000 Aug 10, 2021
-
$729/mo
House
3 Beds
2 Baths
1,845 ft²
$81/ft²
$150,000 Mar 9, 2020
-
$829/mo
In Contract
Commercial
Stu
-
972 ft²
$165/ft²
$160,000 Jan 26, 2020
-
-
Commercial
Loft
-
-
$140,000 Nov 18, 2020
-
-

About Portland


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Nearby Rentals



Frequently Asked Questions

When was property at 401 West Market Street built and last sold?
The property at 401 West Market Street was built in 1952 and last sold on Jul 12, 2021 for $145,000.
How much is this home worth?
The estimated value of the home located at 401 West Market Street is $145,787.
What are some comparable homes to 401 West Market Street?
There are currently no comparable homes to 401 West Market Street.

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