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525 Ab Wade Road

525 Ab Wade Road, Portland, TN 37148
House in Sumner
Sold Jul 27, 2021
$260,000
$203,000 by Ameris Bank
Mortgage Due Aug 01, 2051
Sold Aug 13, 2020
$199,900
Local assessors in Portland, TN have categorized 525 Ab Wade Road as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 46,609 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 525 Ab Wade Road has a total of 1,100 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 1,100 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 960 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 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 paneling. 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, 525 Ab Wade Road sold most recently in Jul 26, 2021 for a total of $260,000. If you work out the math, that's approximately a cost of $236.36 per sqft. Before that, the property was also sold for $199,900 in Aug 12, 2020. 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 $667 in taxes each year. 525 Ab Wade Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,600. If we break it down further, the land itself was valued at $7,200. Improvements to the property, however, were assessed at a total of $22,400. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Exterior

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

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • 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: 1,100
  • Garage Type: Detached
  • Garage Square Area: 960
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 1,100
  • Gross Building Area: 1,180
  • Building Area: 1,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MOORE PROP
  • Land Acres: 1.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PB33 PG249 LOT1

Ownership

  • Current Owner : LAWRENCE NICOLE D
  • Previous Owner : MOORE AMANDA J
  • Owner Before Previous Owner: MCGUFFIE EVELYN MCCLOUD
  • Owner Before Previous Owner 2: MCCLOUD JOHN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sumner County School District
  • Census Tract: 020208

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 051
  • District: 14
  • Parcel: 083051 05900
  • Lot: 1
  • Latitude: 36.5238
  • Longitude: -86.4759

    Address

  • Full Address: 525 Ab Wade Rd
  • Address - House Number: 525
  • Address - Street Name: Ab Wade
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Portland
  • Carrier Code: R014
  • 4-Digit Zip Code: 4908
  • Zip Code: 37148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $667
  • Tax Rate Code Area: 83A00

    Appraisal Valuation

  • Standard Deviation: 0.1905
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 74
  • Final Value: 260,093
  • High Value: 309,664
  • Low Value: 210,523

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $203,000
  • First Open Lien Mortgage Lender: AMERIS BANK
  • First Open Lien Mortgage Recording Date: Jul 27, 2021
  • First Open Lien Mortgage Loan Amount: $203,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $118,400
  • Market Land Value: $28,800
  • Market Improvement Value: $89,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,600
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $22,400

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Transaction ID: 11846237410
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1375043
  • Previous Sale Recording Date: Aug 13, 2020
  • Previous Sale Contract Date: Aug 12, 2020
  • Previous Sale Amount: $199,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIS BANK
  • First Mortgage Transaction Date: Jul 27, 2021
  • First Mortgage Loan Amount: $203,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Sumner



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Frequently Asked Questions

What neighborhood is 525 Ab Wade Road located in?
The 525 Ab Wade Road is a house located in the neighborhood of Sumner in Sumner, Portland.
What is the average sales price for listings in 525 Ab Wade Road?
The average sales price for units in 525 Ab Wade Road is $0 currently.

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