116 Ormesby Place Franklin, TN 37064
Central Franklin Neighborhood
3
Beds
2.5
Baths
1,891
Sq Ft
$314/mo
HOA Fee
Highlights
- Bamboo Flooring
- Covered Patio or Porch
- Central Heating
- Liberty Elementary School Rated A
- Cooling Available
- 2 Car Garage
About This Home
As of January 2025Charming Townhome in the Heart of Franklin Discover the perfect blend of elegance and convenience in this beautifully updated end-unit townhome, nestled in a gated community just moments from Historic Downtown Franklin, The Factory, and Pinkerton Park. Step inside to find a thoughtfully designed main-level layout featuring a primary bedroom, a private office, and stunning hardwood and tile floors. The open living space flows seamlessly to a large, gated patio, perfect for enjoying the breathtaking sunset views. Upstairs, you’ll find two additional bedrooms, a loft area, and generous storage. Updates include a fully remodeled kitchen, new counter tops and cabinets in primary bathroom, new light fixtures, and a cozy fireplace with a marble surround and wood mantle. Freshly painted throughout with a brand-new roof (2023), this home is move-in ready. The community offers sidewalks, a gazebo, and a garden, making it as inviting outside as it is inside. With no stairs from the driveway to the home and an epoxy garage with an insulated door, every detail has been considered. This is Franklin living at its finest—peaceful, picturesque, and perfectly located!
Last Agent to Sell the Property
Compass Brokerage Phone: 3104998146 License #355217 Listed on: 12/15/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,488
Year Built
- Built in 2005
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 24 x 88
HOA Fees
- $314 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 1,891 Sq Ft Home
- Property has 2 Levels
- Crawl Space
Flooring
- Bamboo
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
Outdoor Features
- Covered Patio or Porch
Schools
- Liberty Elementary School
- Freedom Middle School
- Centennial High School
Utilities
- Cooling Available
- Central Heating
- Heating System Uses Natural Gas
Community Details
- $400 One-Time Secondary Association Fee
- Association fees include exterior maintenance, ground maintenance
- Millgate Subdivision
Listing and Financial Details
- Assessor Parcel Number 094079A G 03100 00009079A
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 15, 2024
Closed on
Jan 15, 2025
Sold by
Brown Thomas Hoffman
Bought by
Praet Suzanne
Seller's Agent
Jeannie Bankins
Compass
Buyer's Agent
Matthew Ligon
Onward Real Estate
Sold Price
$699,999
Views
9
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,935
Avg. Annual Appreciation
-0.15%
Original Mortgage
$400,000
Outstanding Balance
$383,073
Interest Rate
6.84%
Mortgage Type
Credit Line Revolving
Estimated Equity
$316,266
Purchase Details
Listed on
Aug 25, 2022
Closed on
Sep 30, 2022
Sold by
Cadiz and Nelly
Bought by
Brown Thomas Hoffman
Seller's Agent
Leigh Gillig
Keller Williams Realty
Buyer's Agent
Greg Fritz
Onward Real Estate
List Price
$659,800
Sold Price
$642,000
Premium/Discount to List
-$17,800
-2.7%
Views
37
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Purchase Details
Listed on
May 26, 2018
Closed on
Jul 17, 2018
Sold by
Stanfill Stephen C and Stanfill Pamela Kaye
Bought by
Cadiz Orlando and Cadiz Nelly
Seller's Agent
Lanetta Heyen
Marcoma Realty, Inc.
Buyer's Agent
Adam Craft
Craft Realty Group
List Price
$980,000
Sold Price
$375,000
Premium/Discount to List
-$605,000
-61.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Purchase Details
Closed on
Dec 1, 2015
Sold by
Bass Mary A and Oldham Christopher Paul
Bought by
Stanfill Stphen C and Stanfill Pamela Kaye
Purchase Details
Closed on
Oct 22, 2009
Sold by
Stempel Patricia
Bought by
Bass Mary A and Oldham Christopher Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,689
Interest Rate
5.04%
Mortgage Type
FHA
Purchase Details
Closed on
May 3, 2006
Sold by
Moon Thomas W
Bought by
Stempel Patricia
Similar Homes in Franklin, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $699,999 | Hale Title And Escrow | |
| Warranty Deed | $699,999 | Hale Title And Escrow | |
| Warranty Deed | $642,000 | -- | |
| Warranty Deed | $375,000 | None Available | |
| Warranty Deed | $317,500 | Tennessee Nations Title Agen | |
| Warranty Deed | $249,000 | Realty Title & Escrow Co Inc | |
| Warranty Deed | $334,000 | Homeland Title Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | Credit Line Revolving | |
| Previous Owner | $240,689 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2025 01/15/25 | Sold | $699,999 | +9.0% | $370 / Sq Ft |
| 12/15/2024 12/15/24 | Pending | -- | -- | -- |
| 09/30/2022 09/30/22 | Sold | $642,000 | -2.7% | $340 / Sq Ft |
| 09/16/2022 09/16/22 | Pending | -- | -- | -- |
| 09/14/2022 09/14/22 | For Sale | $659,800 | 0.0% | $349 / Sq Ft |
| 09/06/2022 09/06/22 | Pending | -- | -- | -- |
| 08/31/2022 08/31/22 | For Sale | $659,800 | 0.0% | $349 / Sq Ft |
| 08/28/2022 08/28/22 | Pending | -- | -- | -- |
| 08/09/2022 08/09/22 | For Sale | $659,800 | -32.7% | $349 / Sq Ft |
| 06/14/2021 06/14/21 | Pending | -- | -- | -- |
| 12/28/2020 12/28/20 | For Sale | $980,000 | +161.3% | $518 / Sq Ft |
| 07/17/2018 07/17/18 | Sold | $375,000 | -- | $198 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $2,588 | $91,425 | $20,000 | $71,425 |
| 2023 | $2,488 | $91,425 | $20,000 | $71,425 |
| 2022 | $2,488 | $91,425 | $20,000 | $71,425 |
| 2021 | $2,488 | $91,425 | $20,000 | $71,425 |
| 2020 | $2,426 | $75,200 | $16,250 | $58,950 |
| 2019 | $2,426 | $75,200 | $16,250 | $58,950 |
| 2018 | $2,373 | $75,200 | $16,250 | $58,950 |
| 2017 | $2,336 | $75,200 | $16,250 | $58,950 |
| 2016 | $2,328 | $75,200 | $16,250 | $58,950 |
| 2015 | -- | $57,425 | $12,500 | $44,925 |
| 2014 | -- | $57,425 | $12,500 | $44,925 |
Source: Public Records
Agents Affiliated with this Home
-
Jeannie Bankins
Seller's Agent in 2025
Jeannie Bankins
Compass
(310) 499-8146
3 in this area
25 Total Sales
-
Matthew Ligon
Buyer's Agent in 2025
Matthew Ligon
Onward Real Estate
(615) 478-6355
19 in this area
76 Total Sales
-
Leigh Gillig
Seller's Agent in 2022
Leigh Gillig
Keller Williams Realty
(615) 300-5788
10 in this area
357 Total Sales
-
Greg Fritz
Buyer's Agent in 2022
Greg Fritz
Onward Real Estate
(615) 347-1732
11 in this area
159 Total Sales
-
Lanetta Heyen
Seller's Agent in 2018
Lanetta Heyen
Marcoma Realty, Inc.
(615) 268-7112
1 in this area
96 Total Sales
-
Adam Craft
Buyer's Agent in 2018
Adam Craft
Craft Realty Group
(615) 852-0850
1 in this area
28 Total Sales
Map
Source: Realtracs
MLS Number: 2769062
APN: 079A-G-031.00
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