24 days on rocket

1016 Founders Ln, Portland, TN, 37148

$1,495,999

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
3,334 SqFt
$449/SqFt
House
Schools Nearby

Location

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1016 Founders Ln, Portland$1,495,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached - Side, Asphalt, Driveway
Garage2 spaces
Year Built2022
HeatingCentral, ENERGY STAR Qualified Equipment, Natural Gas
CoolingCentral Air, Electric
WaterfrontPond
Private PoolYes
MLS #2640118
Lot Size13.91 Acres
StatusActive

About 1016 Founders Ln

Custom built home nestled in nature w/2 covered porches, outdoor wood burning fireplace w/TV hookup,40X40 Barn (w/water&electric) with a covered porch area w/ceiling fans, and 2 ponds on 13.91 acres. Minutes to I-65 and downtown Portland. Custom cabinetry with soft close drawers and doors. Luxury Appliances incl. WOLF 6 burner gas range w/griddle, WOLF double oven, SUBZERO ref/freezer w/icemaker and water filtration system, Kitchen Aide Dishwasher, Microwave, and beverage cooler. Walk in pantry with pull out drawers. Custom closets, custom wood work throughout home, inground salt water HEATED POOL with tanning ledge. Custom extra large glass showers, plenty of closet space incl 3 walk in closets, home has Calacatta Quartz and Carrara Marble throughout home. Luxury lighting and much more. Double Hung Low E windows. Extra insulation. Outdoor shed with custom built planter boxes and fence for the garden lover in you. Owner Agent. Buyer/Buyers Agent to verify all pertinent information.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2022
  • Living Area: 3,334 SqFt

Listing Office:

  • Office Name: Wally Gilliam Realty & Auction
  • Office Phone: (615) 364-7690
  • Listing Agent: Sabrina P. Woodard

Interior Features

Interior Information:

  • Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Freezer, Ice Maker, Microwave, Refrigerator
  • Basement: No
  • Flooring Type: Finished Wood, Tile
  • Interior: Entry Foyer, Extra Closets, Pantry, Smart Thermostat, Storage, Walk-In Closet(s), Primary Bedroom Main Floor, Kitchen Island

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Pond
  • Exterior: Barn(s), Garage Door Opener, Smart Camera(s)/Recording

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Attached - Side, Asphalt, Driveway

Lot Features

Lot Information:

  • Lot: Rolling/Hilly
  • Lot Size: 13.91 Acres

Utilities

Utilities Information:

  • Heating: Central, ENERGY STAR Qualified Equipment, Natural Gas
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Portland High School, Public District Grades 9-12
  • Portland West Middle School, Public District Grades 6-8
  • Watt Hardison Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: 65N Exit117(R) on HWY52 keep straight. (L) at 109 intersection (R) onto E McGlothlin (L) on N Russell St. Straight on Rolling Meadows (L) onto Briley Ln. (L) into Waverly Point Subdivision and straight into 1016 Founders Ln. Long driveway leads to house.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,495,999
  • Price Per SqFt: $449/SqFt

Tax Information:

  • Annual Amount: $699
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Portland, TN.

Med. Sold Price

$327.5K

Med. Price/SqFt

$225

Avg. Days On Market

59

# of Sold Homes

29

1016 Founders Ln vs Portland

24 DAYS ON ROCKET

-35 Days

$1,495,999

+$1.1M More

$449/SqFt

+$224 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $224/SqFt more than other homes in Portland, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2640118

Listing Office:

  • Office Name: Wally Gilliam Realty & Auction
  • Office Phone: (615) 364-7690
  • Listing Agent: Sabrina P. Woodard

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 5:18:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 08, 2021Home Sold
$190,000
Sep 27, 2017Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2021$699$30,900
2020$699$30,900
2019$443$30,900
2018$457$17,725
2017$457$18,275

History based on county public records data.

Payment Calculator

$7,534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,552

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4308424
6
/10
  • Watt Hardison Elementary School

  • 300 Gibson St

  • 1.43 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4308425
7
/10
  • Portland West Middle School

  • 110 Nolan Private Dr

  • 1.80 miles

  • Public District Grades 6-8

High School

school-card-donut-4308426
4
/10
  • Portland High School

  • 600 College St

  • 1.82 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,860. The most common annual income of people living in Portland, TN is between $35k-100k. The majority of families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1016 Founders Ln

What is the listing price of this property?

The listing price of 1016 Founders Ln property is $1,495,999.

What type of property is this?

The property 1016 Founders Ln is a house located in Portland, Tennessee, 37148.

Is this property for sale now?

Active Listing: 1016 Founders Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1016 Founders Ln are:
Watt Hardison Elementary School: GreatSchools Rating 6/10
Portland West Middle School: GreatSchools Rating 7/10
Portland High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $699 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 8, 2021 for $190,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1016 Founders Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1016 Founders Ln is 3,334 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1016 Founders Ln is 2022.

Rocket HomesTennesseeSumner CountyPortland371481016 Founders Ln

This home is located at 1016 Founders Ln in Portland, TN and zip code 37148. This 3,334 square foot home, which was built in 2022, sits on a 13.91 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 07, 2024 and is currently priced at $1,495,999.

In March 2024 more than 6 listings in Portland, TN were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 14 were sold below. In March 2024 median list price was $327,500 and the average listing age was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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