Sold for $975,000

$975,000

123 Old Westmoreland Rd, Portland, TN 37148

2beds

0baths

7,440sqft

MultiFamily

Built in 1986

-- sqft lot

$-- Zestimate^®

$131/sqft

$1,333 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,333/mo

Zestimate^® history

Owner options

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$1,333/mo

Rent Zestimate^®

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$5,657/mo

Est. payment

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$5,657/mo

Est. payment

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What's special

2 BUILDINGS, 8 UNITS TOTAL. BLDGS SHARE A LARGE BACKYARD & WATER METER.GREAT INVESTMENT! 2 BR, 1 1/2 BA APARTMENTS: STOVE, REFRIGERATOR, DISHWASHERS REMAIN. 2 HAVE NEW AC UNITS, ALL HAVE UPDATED FLOORING & APPLIANCES. ADDRESS OF BUILDING #2 IS 212 HWY 52.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 0

Heating

Other

Cooling

Central

Features

Flooring: Carpet, Concrete
Basement: None

Interior area

Total interior livable area: 7,440 sqft

Property

Features

Exterior features: Brick

Lot

Size: 0.68 Acres

Details

Parcel number: 033GG00901000

Construction

Type & style

Home type: MultiFamily

Materials

Foundation: Footing
Roof: Composition

Condition

Year built: 1986

Community & HOA

Location

Region: Portland

Financial & listing details

Price per square foot: $131/sqft
Tax assessed value: $989,000
Annual tax amount: $9,182

Price history

Date	Event	Price
3/5/2025	Sold	$975,000-2.5%$131/sqft
Source: Public Record Report a problem
11/1/2023	Listing removed	--
Source: RealTracs MLS as distributed by MLS GRID #2520341 Report a problem
8/13/2023	Price change	$999,900+8.1%$134/sqft
Source: RealTracs MLS as distributed by MLS GRID #2520341 Report a problem
7/18/2023	Price change	$924,900-2.6%$124/sqft
Source: RealTracs MLS as distributed by MLS GRID #2520341 Report a problem
6/26/2023	Price change	$949,900-2.1%$128/sqft
Source: RealTracs MLS as distributed by MLS GRID #2520341 Report a problem
6/5/2023	Price change	$969,900-3%$130/sqft
Source: RealTracs MLS as distributed by MLS GRID #2520341 Report a problem
5/12/2023	Listed for sale	$999,900+122.7%$134/sqft
Source: RealTracs MLS as distributed by MLS GRID #2520341 Report a problem
11/3/2016	Listing removed	$449,000$60/sqft
Source: EXIT REALTY DIVERSIFIED #1728076 Report a problem
10/13/2016	Listed for sale	$449,000+193.5%$60/sqft
Source: EXIT REALTY DIVERSIFIED #1728076 Report a problem
2/10/1997	Sold	$153,000$21/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,182	$247,250
2024	$9,182 +89.1%	$247,250 +178%
2023	$4,855 +2.7%	$88,925 -75%
2022	$4,726 +46.8%	$355,700
2021	$3,218	$355,700
2020	$3,218 -31.9%	$355,700
2019	$4,727 +232.3%	$355,700 +41%
2018	$1,422	$252,200
2017	--	--
2016	--	--
2015	--	--
2014	--	--
2011	$5,081	$162,802
2010	$5,081 +5%	$162,802
2009	$4,837	$162,802 +2.7%
2008	--	$158,503 +31.8%
2007	$3,980	$120,246
2006	$3,980 +1.5%	$120,246 +14.6%
2005	$3,923	$104,891
2004	$3,923	$104,891 +8.8%
2001	--	$96,438 -61.5%
2000	--	$250,600