NOT LISTED FOR SALE

116 Riverwood Dr Franklin, TN 37069

Estimated Value: $849,000 - $1,044,000

4 Beds
3 Baths
2,764 Sq Ft
$344/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $875,000 $317 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,362/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Clubhouse
  • 2 Fireplaces
  • Walnut Grove Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of September 2022

Welcome to Cottonwood! This adorable Cape Cod home, located in the highly sought-after neighborhood of Cottonwood, features 4 bedrooms and 3 bathrooms, formal dining room, 2 gas burning fireplaces, an updated kitchen with granite counters and new Maytag appliances (all under warranty). With three bedrooms and two bathrooms on the main level, the second level features one bedroom/office, one full bathroom and a very large bonus room. For all my porch lovers, you must see the covered front porch and the MASSIVE 450 sqft screened in back porch addition with a gas fireplace and dining. Cottonwood includes a club house, swimming pool, tennis court and walking trails and the most epic 4th of July celebration you'll ever see! Home is not in a flood zone.

Last Agent to Sell the Property

Chelsea Swift

Benchmark Realty, LLC Brokerage Phone: 6154035084 License # 349542 Listed on: 07/29/2022

Benchmark Realty, LLC

Last Buyer's Agent

Josh Goodwin

William Wilson Homes License #344554

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,566

Year Built

  • Built in 1978

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90 x 127
  • Level Lot

HOA Fees

  • $81 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,764 Sq Ft Home
  • Property has 2 Levels
  • 2 Fireplaces
  • Gas Fireplace
  • Crawl Space
  • Smart Thermostat

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Walnut Grove Elementary School
  • Grassland Middle School
  • Franklin High School

Utilities

  • Cooling Available
  • Central Heating
  • Underground Utilities
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 094038M C 10600 00006038M

Community Details

Overview

  • $350 One-Time Secondary Association Fee
  • Association fees include ground maintenance, recreation facilities
  • Cottonwood Est Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,566

Year Built

Built in 1978

Lot Details

0

HOA Fees

$81 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Year Built: 1978
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Attribution Contact: 6154035084
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Smart Thermostat
  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2764
  • Building Area Units: Square Feet
  • Living Area: 2764
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered Porch, Screened Patio
  • Pool Private: No
  • Roof: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached - Rear
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Recreation Facilities
  • Association Fee: 81
  • Association #2 Fee: 350
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Playground, Pool, Tennis Court(s), Underground Utilities, Trail(s)
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.25
  • Lot Size: 90 X 127
  • Lot Size Units: Acres
  • Parcel #: 094038M C 10600 00006038M
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2566

MLS Schools

  • Elementary School: Walnut Grove Elementary
  • High School: Franklin High School
  • Middle Or Junior School: Grassland Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Sep 28, 2022
Sold by
Swift and Chelsea
Bought by
Taylor Kimberly Lynn
Seller's Agent
Chelsea Swift
Benchmark Realty, LLC
Buyer's Agent
Josh Goodwin
William Wilson Homes
List Price
$885,000
Sold Price
$875,000
Premium/Discount to List
-$10,000
-1.13%
Views
18
Current Estimated Value
$950,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,966
Avg. Annual Appreciation
3.28%

Purchase Details

Closed on
Jun 2, 2022
Sold by
Steven Mcnamara J and Steven Shannon B
Bought by
Swift David and Swift Chelsea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,500
Interest Rate
5.09%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 21, 1997
Sold by
Diane Watkins Denise
Bought by
Steven Mcnamara J

Purchase Details

Closed on
Dec 20, 1993
Sold by
Einhorn Richard B
Bought by
Diane Watkins Denise
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
Taylor Kimberly Lynn $875,000 Magnolia Title & Escrow
Swift David $885,000 None Listed On Document
Steven Mcnamara J $165,900 --
Diane Watkins Denise $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swift David $619,500
Previous Owner Mcnamara J Steven $120,000
Previous Owner Mcnamara Jay Steven $132,750
Previous Owner Mcnamara J Steven $132,750
Previous Owner Mcnamara J Steven $132,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $875,000 -1.1% $317 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $885,000 -- $320 / 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 $2,566 $136,500 $37,500 $99,000
2023 $2,566 $136,500 $37,500 $99,000
2022 $2,566 $136,500 $37,500 $99,000
2021 $2,566 $136,500 $37,500 $99,000
2020 $2,189 $98,600 $23,750 $74,850
2019 $2,189 $98,600 $23,750 $74,850
2018 $2,120 $98,600 $23,750 $74,850
2017 $2,015 $93,725 $23,750 $69,975
2016 $2,015 $93,725 $23,750 $69,975
2015 -- $76,950 $20,000 $56,950
2014 -- $76,950 $20,000 $56,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2413818

Realtracs

APN: 038M-C-106.00