NOT LISTED FOR SALE

109 Morningside Dr Unit 129 Franklin, TN 37069

Central Franklin Neighborhood

Estimated Value: $1,864,000 - $3,501,292

30 Beds
20 Baths
2,190 Sq Ft
$1,225/Sq Ft Est. Value

Sale Details

Date Sold: December 10, 2019

Last sale price $1,700,000 $776 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $16,929 / mo

64 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Property has 1 Level
  • Johnson Elementary School Rated A-
  • Central Heating
  • 4-minute walk to K 9 Corral Dog Park

About This Home

As of December 2019

Rare opportunity to own 3.12 acres and 10-14 resident multi-family property in the heart of Franklin across from Harlinsdale Park! 10 units are currently occupied so please do not disturb tenants. Most units have been nicely updated. 6 units are 3 beds/1 bath, 2 units are 3 beds/2 baths, and 2 units are 2 bed/1 bath. Other 3-4 units need repair.

Last Agent to Sell the Property

Brandon Hannah

License #288271 Listed on: 05/07/2019

Last Buyer's Agent

Brandon Hannah

License #288271 Listed on: 05/07/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,345

Year Built

  • Built in 1968

Lot Details

  • 3.7

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,190 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Tile

Schools

  • Liberty Elementary School
  • Freedom Middle School
  • Centennial High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $5,200
  • Assessor Parcel Number 094063 03303 00009063

Community Details

Overview

  • 10 Units
  • Historic Franklin Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $134,400
  • Net Operating Income $134,399

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,345

Year Built

Built in 1968

Lot Details

3.7 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1968
  • Inclusions: APPLN
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: RENOV
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood, Tile
  • Above Grade Finished Sq Ft: 2190
  • Building Area Units: Square Feet
  • Living Area: 2190
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: Estate Res
  • Lot Size Units: Acres
  • Parcel #: 094063 03303 00009063
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 134400
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 134399
  • Number Of Units Total: 10
  • Annual Operating Expense: 1
  • Total Actual Rent: 5200

Tax Info

  • Tax Annual Amount: 14345

MLS Schools

  • Elementary School: Liberty Elementary
  • High School: Centennial High School
  • Middle Or Junior School: Freedom Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2019
Closed on
Dec 12, 2019
Sold by
Bought by
Seller's Agent
Brandon Hannah
Buyer's Agent
Brandon Hannah
List Price
$2,099,000
Sold Price
$1,700,000
Premium/Discount to List
-$399,000
-19.01%
Current Estimated Value
$2,682,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$982,646
Avg. Annual Appreciation
7.10%

Purchase Details

Listed on
May 7, 2019
Closed on
Dec 3, 2019
Sold by
Bought by
Seller's Agent
Brandon Hannah
Buyer's Agent
Brandon Hannah
List Price
$2,099,000
Sold Price
$1,700,000
Premium/Discount to List
-$399,000
-19.01%

Purchase Details

Closed on
Jan 31, 2019
Sold by
Bought by

Purchase Details

Closed on
Nov 29, 2018
Sold by
Bought by

Purchase Details

Closed on
Oct 1, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$909,500
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 14, 1996
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 1996
Bought by

Purchase Details

Closed on
Mar 8, 1996
Sold by
Bought by

Purchase Details

Closed on
Feb 15, 1996
Sold by
Bought by

Purchase Details

Closed on
Jan 10, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- Chapman & Rosenthal Ttl Inc
-- None Available
-- None Availiable
$1,200,000 Heritage Title & Escrow Co I
-- None Available
$24,278 --
$12,138 --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $909,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/10/2019 12/10/19 Sold $1,700,000 -19.0% $776 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $2,099,000 -- $958 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $26,370 $1,728,320 $973,080 $755,240
2024 $26,370 $931,400 $652,680 $278,720
2023 $25,345 $931,400 $652,680 $278,720
2022 $25,345 $931,400 $652,680 $278,720
2021 $25,345 $931,400 $652,680 $278,720
2020 $14,899 $461,760 $310,040 $151,720
2019 $14,899 $461,760 $310,040 $151,720
2018 $14,576 $461,760 $310,040 $151,720
2017 $14,345 $461,760 $310,040 $151,720
2016 $14,299 $461,760 $310,040 $151,720
2015 -- $421,640 $277,400 $144,240
2014 -- $421,640 $277,400 $144,240
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brandon Hannah

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Map

Source: Realtracs

MLS Number: RTC2038293

Realtracs

APN: 063-033.03

Tennessee Williamson County Franklin 37064 Central Franklin

109 Morningside Dr Unit 129, Franklin, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs 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. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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