$866,150 - $870,000
RENTED JUN 16, 2025
3 Beds
3.5 Baths
2,847 Sq Ft
$305 Price per Sq Ft

Last Sold March 15, 2022

Last sale price $900,000 $316 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,104/month

Highlights

  • Double Oven
  • Porch
  • Cooling Available
  • Trinity Elementary School Rated A
  • Walk-In Closet
  • Patio

About This Home

As of June 2025

UNDERPRICED/BEST VALUE IN THE COMMUNITY (lowest price per sq ft). The owners purchased for $900,000 in 2022 and have since invested over $36,000 in improvements - yet are offering it now at only $875,000 (only $307 per sq ft), creating a rare entry point for one of Franklin's most loved communities. (NOTE THAT THE LIST OF IMPROVEMENTS CAN BE SEEN IN THE LISTING PHOTOS). Located on a corner lot in the desirable Tap Root Hills community, this home offers the perfect balance of classic curb appeal, thoughtful functionality, and modern comforts. With 3 true bedrooms, 3.5 bathrooms, and a main-level home office (complete with windows and a closet), this flexible layout can easily accommodate a fourth bedroom/guest space. The stately brick staircase & welcoming front porch lead into a sun-drenched interior featuring hardwood floors, tall ceilings, and an open-concept layout ideal for both everyday living and entertaining. The formal dining room at the front of the home connects to the kitchen through a butler’s pantry. The well-appointed kitchen has granite countertops, SS appliances, and a large center island that opens to the spacious living area. Upstairs, you’ll find the laundry zone and three bedrooms, including the primary suite, which offers a peaceful retreat with a spa-like bath and generous walk-in closet. On the third floor, a fully finished, carpeted loft with a full bathroom and two large storage areas provides unmatched versatility. Whether you need a home theater, teen hangout, private guest suite, fitness studio, hobby room, or second office, this space adapts to fit your lifestyle needs. Carpeting and plush upgraded carpet padding on the 2nd & 3rd floors is new as of April 2025. Outside, a portion of the backyard is fenced, offering a private and practical space for play, pets, or outdoor entertaining. Tap Root Hills is a peaceful, well-established neighborhood just minutes from shopping, dining, parks, and the charm of Historic Downtown Franklin.

Last Agent to Rent the Property

George Rowe

Compass Tennessee, LLC Brokerage Phone: 8187237351 License #331120 Listed on: 05/09/2025

Compass Tennessee, LLC

Last Renter's Agent

Laura Stroud

French King Fine Properties License # 312925

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 2018

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,847 Sq Ft Home
  • Property has 3 Levels
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Gas Fireplace
  • Interior Storage Closet
  • Crawl Space

Kitchen

  • Double Oven
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Trinity Elementary School
  • Fred J Page Middle School
  • Fred J Page High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Tap Root Hills Sec1 Subdivision

Listing and Financial Details

  • Property Available on 5/9/25
  • The owner pays for association fees
  • Rent includes association fees
  • Assessor Parcel Number 094080K A 03000 00014080F

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,021

Year Built

Built in 2018

Lot Details

0

HOA Fees

$58 per month

Parking

2

Rental Info

  • Available Date: 2025-05-09
  • Lease Term: Other
  • Owner Pays: Association Fees
  • HOA Rent Includes: Association Fees
  • Tenant Pays: Electricity, Gas, Water

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 2018
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: EXIST
  • Attribution Contact: 8187237351
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Extra Closets, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
  • Appliances: Double Oven, Built-In Gas Range, Dishwasher, Dryer, Refrigerator, Stainless Steel Appliance(s), Washer
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Furnished: Unfurnished
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2847
  • Building Area Units: Square Feet
  • Living Area: 2847
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Brick
  • Patio And Porch Features: Porch, Covered, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Parking Features: Detached, Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Lot Size Units: Acres
  • Parcel #: 094080K A 03000 00014080F
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

MLS Schools

  • Elementary School: Trinity Elementary
  • High School: Fred J Page High School
  • Middle Or Junior School: Fred J Page Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Mar 9, 2022
Sold by
Schatz Michael Scott and Sc Sarah
Bought by
Sugden Family Revocable Living Trust
Seller's Agent
Jamie Brandenburg
Compass RE
Buyer's Agent
George Rowe
Compass Tennessee, LLC
Sold Price
$900,000
Current Estimated Value
$868,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,925
Avg. Annual Appreciation
-0.98%
Original Mortgage
$647,200
Outstanding Balance
$607,997
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$262,308

Purchase Details

Closed on
Nov 16, 2021
Sold by
Schtaz and Sarah
Bought by
Schatz Michael Scott and Livin Sarah

Purchase Details

Closed on
Nov 30, 2017
Sold by
Patterson Company Llc
Bought by
Schatz Michael and Schatz Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,700
Interest Rate
3.94%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sugden Family Revocable Living Trust $900,000 New Title Company Name
Schatz Michael Scott -- Waterford Law Group Pllc
Schatz Michael $494,628 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sugden Family Revocable Living Trust $647,200
Previous Owner Schatz Michael $384,800
Previous Owner Schatz Michael $395,700
Previous Owner Patterson Com Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Rented -- -- --
05/09/2025 05/09/25 For Rent $4,500 -10.0% --
05/16/2022 05/16/22 Rented -- -- --
04/28/2022 04/28/22 Price Changed $5,000 -15.3% $2 / Sq Ft
04/22/2022 04/22/22 For Rent $5,900 0.0% --
03/15/2022 03/15/22 Sold $900,000 +12.5% $316 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/10/2022 02/10/22 For Sale -- -- --
02/02/2022 02/02/22 For Sale -- -- --
01/24/2022 01/24/22 For Sale $799,900 -- $281 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,021 $140,100 $30,000 $110,100
2023 $3,021 $140,100 $30,000 $110,100
2022 $3,021 $140,100 $30,000 $110,100
2021 $3,021 $140,100 $30,000 $110,100
2020 $2,684 $104,125 $21,250 $82,875
2019 $2,684 $104,125 $21,250 $82,875
2018 $2,611 $104,125 $21,250 $82,875
2017 $529 $104,125 $21,250 $82,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2882268

Realtracs

APN: 080K A 03000000