$3,489,000 - $6,318,000
RENTED AUG 14, 2024

1860 Old Natchez Trace Franklin, TN 37069

-- Bed
3 Baths
13,440 Sq Ft
$385 Price per Sq Ft

Last Sold January 31, 2024

Last sale price $7,700,000 $573 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $28,162/month

About This Home

As of January 2024

FOR LEASE - 10 STALL EQUISTRIAN STABLE ONLY * 8 acres +- with two outdoor rinks * 60' X 200' stable with 1,440 sq ft loft/flex space above walnut/oak stalls * 6,000 sq. ft. indoor/all season riding arena * tack room, paddocks and washroom * two half baths on stable level plus full bath (shower only) up * efficiency kitchen * gathering room overlooking to stable area * three separate rooms for office space * double walkways up * House may be lease with stable see MLS 2653999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Jan 31, 2024
Sold by
Sanicola Family Revocable Living Trust
Bought by
Bat Shlomo Llc
Seller's Agent
Kristee Dickson
Onward Real Estate
Buyer's Agent
NONMLS NONMLS
List Price
$8,780,000
Sold Price
$7,700,000
Premium/Discount to List
-$1,080,000
-12.3%
Views
247
Current Estimated Value
$5,175,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,524,781
Avg. Annual Appreciation
-25.83%

Purchase Details

Closed on
Jan 12, 2022
Sold by
Sanicola Mark Frances and Sanicola Patricia Ann
Bought by
Sanicola Mark F and Sanicola Patricia A

Purchase Details

Closed on
Jun 14, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Sanicola Mark Frances and Sanicola Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,079,500
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2011
Sold by
Fischer James M and Bank Of Nashville
Bought by
Mello Ralph W

Purchase Details

Closed on
Jun 23, 2011
Sold by
Fischer James M
Bought by
Dew James Chappell

Purchase Details

Closed on
Nov 12, 2004
Sold by
Oliver Gill Janis and Cummins Janis Oliver
Bought by
Fischer James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 1999
Sold by
Brooks Karon
Bought by
Oliver Gill Janis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 1, 1997
Sold by
Mitchell Larry M and Mitchell Catherine A
Bought by
Brooks Karon
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Bat Shlomo Llc $7,700,000 Hale Title And Escrow
Sanicola Family Revocable Living Trust -- Land Title
Sanicola Mark F -- Bell Law Settlement Svcs
Sanicola Mark Frances $1,270,500 None Available
Mello Ralph W $10,000 None Available
Dew James Chappell -- None Available
Fischer James M $2,350,000 --
Oliver Gill Janis $1,685,000 First Title & Escrow Co Inc
Brooks Karon $1,525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanicola Family Revocable Livi $100,000
Previous Owner Sanicola Family Revocable Livi $1,500,000
Previous Owner Sanicola Mark Frances $400,000
Previous Owner Sanicola Mark Frances $1,079,500
Previous Owner Fischer James M $0
Previous Owner Fischer James M $400,000
Previous Owner Fischer James M $1,500,000
Previous Owner Brooks Karon $615,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Rented -- -- --
08/01/2024 08/01/24 Rented -- -- --
08/01/2024 08/01/24 Under Contract -- -- --
05/13/2024 05/13/24 For Rent $13,900 +178.0% --
05/13/2024 05/13/24 For Rent $5,000 0.0% --
01/31/2024 01/31/24 Sold $7,700,000 -12.3% $931 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
11/07/2023 11/07/23 For Sale $8,780,000 -- $1,062 / Sq Ft

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 $8,367 $445,050 $203,475 $241,575
2023 $8,367 $445,050 $203,475 $241,575
2022 $8,367 $445,050 $203,475 $241,575
2021 $8,367 $445,050 $203,475 $241,575
2020 $8,287 $373,300 $135,650 $237,650
2019 $8,287 $373,300 $135,650 $237,650
2018 $6,801 $373,300 $135,650 $237,650
2017 $6,801 $316,325 $36,125 $280,200
2016 $6,801 $316,325 $36,125 $280,200
2015 -- $315,550 $27,775 $287,775
2014 -- $315,550 $27,775 $287,775
Source: Public Records

Agents Affiliated with this Home

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