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3240 Academy Rd

Portland, TN 37148

2 bd 1 ba 729 sqft Built 1940 Lot 19,166 sqft single_family
Most recent sale
$199,500
Apr 3, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2025 Sold $225,000 RealTracs
Apr 3, 2023 Sold $199,500 Public Record
Mar 29, 2023 Sold $199,500 RealTracs
Feb 25, 2023 Listing removed RealTracs
Feb 17, 2023 Listed $199,500 RealTracs
Jan 28, 2023 Listing removed RealTracs
Jan 9, 2023 Price changed $199,500 RealTracs
Nov 5, 2022 Price changed $205,000 RealTracs
Oct 4, 2022 Price changed $225,000 RealTracs
Sep 27, 2022 Listed $250,000 RealTracs
Apr 10, 2022 Listing removed RealTracs
Apr 7, 2022 Sold $70,000 Public Record
Feb 20, 2022 Listed $85,000 RealTracs

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $16,425 $372
2020 $16,425 $372
2019 $16,425 $372
2018 $9,925 $248
2017 $9,925 $248
2016 $9,925 $248
2015 $9,925 $248
2014 $9,925 $248
2013 $6,850 $138
2012 $6,850 $138
2011 $6,850 $138
2010 $6,850 $138
2009 $6,850 $138
2008 $7,000 $159
2007 $7,000 $159

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
729 sqft
Lot size
19,166 sqft
ZIP code
37148
City
Portland
Street
Academy Rd
Coordinates
36.50885, -86.49884

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,094
Gross rental yield
6.58%
Implied cap rate
4.28%
Trend-extrapolated value

Frequently asked questions

When did 3240 Academy Rd last sell?
3240 Academy Rd most recently sold on Apr 3, 2023 for $199,500.
What is the current tax assessment for 3240 Academy Rd?
The most recent total assessment for 3240 Academy Rd (year 2021) is $16,425 with $372 in property tax.
How does 3240 Academy Rd's assessment compare to its last sale price?
The current assessment is 91.8% below the last sale price of $199,500.
When was 3240 Academy Rd built?
3240 Academy Rd was built in 1940.
How does 3240 Academy Rd compare to others on Academy Rd?
We track 8 other properties on Academy Rd. Browse the list under "Other properties on Academy Rd" to compare beds, baths, and sale history.
What are the property facts for 3240 Academy Rd?
3240 Academy Rd is a 2 bed, 1 bath, 729 sqft, 19,166 sqft lot single_family.
Is 3240 Academy Rd a flip candidate?
Yes — 3240 Academy Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3240 Academy Rd a tax-appeal candidate?
No — 3240 Academy Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.3%
Implied 1-yr
-5.4%
2026 Q3
$374K
2026 Q4
$368.5K
ZIP 37148 — Median Price History + Forecast

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