NOT LISTED FOR SALE

1201 Ben Forkum Dr Lebanon, TN 37087

Estimated Value: $853,000 - $1,044,214

4 Beds
3.5 Baths
3,967 Sq Ft
$240/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $794,300 $200 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,512/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Separate Formal Living Room
  • Cooling Available
  • Wood Flooring
  • Covered Patio or Porch
  • Security Gate

About This Home

As of September 2021

QUALITY BUILT NEW 4BR/3.5 BATH HOME w/ 3-CAR GARAGE & HUGE ROOMS IN A GATED COMMUNITY ON WEST SIDE OF LEBANON, LARGE EAT-IN KIT w/ DBLE PANTRY OPEN TO THE GREAT ROOM, 2-OFFICES, ALL BDRMS w/ WALK-IN CLOSETS, HUGE SHOWER IN THE OWNERS SUITE w/ BIG WALK-IN CLOSET OPEN TO THE LAUNDRY ROOM, LARGE BACK & FRONT COVERED PORCHES, CORNER LOT, LOADS OF STORAGE SPACE, SIDEWALKS ON BOTH SIDES OF STREET, COMMUNITY FIREPIT

Last Agent to Sell the Property

Ben Forkum

Summit Realty Group License # 230076 Listed on: 06/25/2021

Co-Listed By

Jim Hagar

Summit Realty Group License # 204709

Last Buyer's Agent

Brady Smith

Zeitlin Sotheby's International Realty License #280827

Zeitlin Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,400

Year Built

  • Built in 2021

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 171x102
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 3,967 Sq Ft Home
  • Property has 2 Levels
  • Self Contained Fireplace Unit Or Insert
  • Separate Formal Living Room
  • Crawl Space
  • Security Gate

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Covered Patio or Porch

Schools

  • Coles Ferry Elementary School
  • Walter J. Baird Middle School
  • Lebanon High School

Utilities

  • Cooling Available
  • Central Heating
  • Underground Utilities
  • Tankless Water Heater
  • STEP System includes septic tank and pump

Community Details

  • Reserve At Horn Springs Subdivision

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 035H A 01200 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,400

Year Built

Built in 2021

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2021
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 3967
  • Building Area Units: Square Feet
  • Living Area: 3967
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Brick, Stone
  • Patio And Porch Features: Covered Porch, Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking Spaces: 3
  • Parking Features: Attached - Side, Driveway
  • Total Parking Spaces: 6

Utilities

  • Sewer: STEP System
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Security Gate

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Amenities: Gated, Underground Utilities
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Green Features

  • Efficiency: Fireplace Insert, Thermostat, Tankless Water Heater

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.37
  • Lot Size: 171x102
  • Lot Size Units: Acres
  • Parcel #: 035H A 01200 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2400
  • Tax Lot: 39

MLS Schools

  • Elementary School: Coles Ferry Elementary
  • High School: Lebanon High School
  • Middle Or Junior School: Walter J. Baird Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Sep 10, 2021
Sold by
Stillwater Const & Developmnent Llc
Bought by
Gallion Michael and Gallion Kelly Page
Seller's Agent
Ben Forkum
Summit Realty Group
Buyer's Agent
Brady Smith
Zeitlin Sotheby's International Realty
List Price
$775,000
Sold Price
$794,300
Premium/Discount to List
$19,300
2.49%
Current Estimated Value
$952,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,004
Avg. Annual Appreciation
4.66%
Original Mortgage
$620,000
Outstanding Balance
$566,608
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$385,696

Purchase Details

Listed on
Jun 25, 2021
Closed on
Sep 2, 2021
Sold by
Reserve At Hs Llc
Bought by
The Reserve At Horn Springs Llc
Seller's Agent
Ben Forkum
Summit Realty Group
Buyer's Agent
Brady Smith
Zeitlin Sotheby's International Realty
List Price
$775,000
Sold Price
$794,300
Premium/Discount to List
$19,300
2.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$566,608
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$385,696

Purchase Details

Closed on
Jan 15, 2021
Sold by
Reserve At Hs Llc
Bought by
Stillwater Const & Dev Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
2.7%
Mortgage Type
Commercial
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
Gallion Michael $775,000 None Available
The Reserve At Horn Springs Llc -- None Available
Stillwater Const & Dev Llc $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallion Michael $13,100
Open Gallion Michael $620,000
Previous Owner Stillwater Construction Development Llc $445,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $794,300 +2.5% $200 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $775,000 -- $195 / 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 $3,408 $178,550 $32,500 $146,050
2022 $3,055 $160,025 $27,500 $132,525
2021 $530 $160,025 $27,500 $132,525
2020 $0 $27,750 $27,500 $250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2266643

Realtracs

APN: 095035H A 01200