224 3rd Ave S Franklin, TN 37064
Central Franklin NeighborhoodEstimated payment $20,530/month
Highlights
- In Ground Pool
- 7 Fireplaces
- No HOA
- Wood Flooring
- High Ceiling
- Double Oven
About This Home
Welcome to this beautiful 1805 home located in the heart of Historic Downtown Franklin. This stately brick home was one of Franklin’s first residences. The estate sits on over a half acre. The back yard is fenced for privacy and enjoyment of the multiple outdoor living areas. It is prominently located on prestigious 3rd Avenue South and is only one block from the Franklin Tennessee town square. This stately home was extraordinarily well-constructed by master craftsmen to stand the test of time and it certainly has for the past 221 years while becoming even more beautiful and refined. The Federal-style home opens to a stunning foyer featuring 12 ft. soaring ceilings and an elegant handcrafted stair case with original poplar steps and oak railing. Original 1” thick tongue-in-groove ash floors grace the interior which was fully renovated by Tallman Enterprises and includes: Primary-on-the-main with luxurious ensuite. The open and naturally lit chef’s kitchen. The home also features a spacious 28x21’ den with an impressive stone wood-burning fireplace, an attached 2.5 car garage including additional storage and new private driveway, separate walk-in guest house with complete kitchen and attached garage. GUEST HOUSE NOT INCLUDED IN SQUARE FOOTAGE. Ideally suited for multigeneration living or income-producing. A beach-entry L-shaped swimming pool compliments beautifully landscaped front, side and backyards which include fountains and a charming traditional English garden. This is an exceptional opportunity to purchase a grand estate property just one block from Main Street in one of Franklin’s most cherished locations. Proudly listed on the National Register of Historic Places, this is a signature residence in Historic Downtown Franklin. Welcome to the iconic Saunders-Marshall-Wright House.
Listing Agent
MERIT Real Estate Advisors Brokerage Phone: 6159481887 License #318648 Listed on: 05/08/2026
Co-Listing Agent
MERIT Real Estate Advisors Brokerage Phone: 6159481887 License #335679
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,617
Year Built
- Built in 1805
Lot Details
- 22,216 Sq Ft Lot
- Lot Dimensions are 113 x 198
- Back Yard Fenced
Parking
- 3 Car Attached Garage
- Rear-Facing Garage
Home Design
- Brick Exterior Construction
- Metal Roof
Interior Spaces
- 4,742 Sq Ft Home
- Property has 2 Levels
- Built-In Features
- Bookcases
- High Ceiling
- 7 Fireplaces
- Interior Storage Closet
- Washer and Electric Dryer Hookup
- Crawl Space
Kitchen
- Double Oven
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- In-Law or Guest Suite
Accessible Home Design
- Exterior Wheelchair Lift
Outdoor Features
- In Ground Pool
- Patio
Schools
- Franklin Elementary School
- Freedom Middle School
- Franklin High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Historic Downtown Subdivision
Listing and Financial Details
- Assessor Parcel Number 094078C G 01900 00009078C
Map
Home Values in the Area
Average Home Value in this Area
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 | $18,465 | $894,875 | $293,750 | $601,125 |
| 2024 | $13,127 | $463,650 | $146,500 | $317,150 |
| 2023 | $12,617 | $463,650 | $146,500 | $317,150 |
| 2022 | $12,617 | $463,650 | $146,500 | $317,150 |
| 2021 | $12,617 | $463,650 | $146,500 | $317,150 |
| 2020 | $11,536 | $357,550 | $83,750 | $273,800 |
| 2019 | $11,536 | $357,550 | $83,750 | $273,800 |
| 2018 | $11,286 | $357,550 | $83,750 | $273,800 |
| 2017 | $11,107 | $357,550 | $83,750 | $273,800 |
| 2016 | $11,072 | $357,550 | $83,750 | $273,800 |
| 2015 | -- | $294,750 | $50,000 | $244,750 |
| 2014 | -- | $294,750 | $50,000 | $244,750 |
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 |
|---|---|---|---|---|
| 07/16/2026 07/16/26 | Price Changed | $3,575,000 | -7.1% | $754 / Sq Ft |
| 06/16/2026 06/16/26 | Price Changed | $3,850,000 | -9.4% | $812 / Sq Ft |
| 05/08/2026 05/08/26 | For Sale | $4,250,000 | -- | $896 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $1,112,500 | Watauga Title Company |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $750,000 | New Conventional |
Source: Realtracs
MLS Number: 3194229
APN: 078C-G-019.00
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Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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