$1,350,000
SOLD APR 2, 2025

3038 Smith Ln Franklin, TN 37069

11.93 Acres
$113,160 Price per Acre
519,671 Sq Ft Lot

Recently Sold

10% Below List Price

8 Days on Market

Highlights

  • Gated Community
  • Private Lot
  • Cul-De-Sac
  • Walnut Grove Elementary School Rated A
  • Wooded Lot
  • Views

About This Lot

As of April 2025

**Discover Your Private Oasis on 11.93 Acres in Franklin, TN to build a dream home in a beautiful setting** Nestled within the exclusive, gated Lynnwood Downs community, this rare 11.93-acre residential parcel offers unparalleled privacy and natural beauty. As the largest property in the neighborhood, its square layout provides a versatile and spacious landscape, ideal for creating your dream estate. The property features two flat and two gently sloped areas, offering a variety of possibilities for design and use. A completely private, year-round flat build site is ready for your custom home, with a 3-bedroom septic permit already in place and the option to expand with re-permitting. In the back, two tranquil wet-weather waterfalls and a small stream provide a serene backdrop, while the property borders government land, ensuring long-term privacy and a peaceful atmosphere. Lynnwood Downs offers exceptional amenities for residents. Horse enthusiasts will appreciate the 14-acre community pasture and two HOA-maintained horse stalls. For nature lovers, two miles of scenic hiking trails wind through the community, providing plenty of opportunities to explore the beautiful landscape. Despite its secluded feel, this property is conveniently located just 2 miles from Costco, Cool Springs Mall, and the I-65 Moore’s Lane exit, offering easy access to shopping, dining, and commuting. Don't miss this opportunity to build your private retreat in one of Franklin’s most coveted neighborhoods.a

Last Agent to Sell the Property

Mike Grumbles

Gray Fox Realty Brokerage Phone: 6155875843 License # 300607 Listed on: 02/05/2025

Co-Listed By

Joey McCloskey

Gray Fox Realty Brokerage Phone: 6155875843 License # 318864

Last Buyer's Agent

Dana Jorgensen

Benchmark Realty, LLC License #344195

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,218

Lot Details

  • 11.93 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Private Lot
  • Wooded Lot

HOA Fees

  • $500 Monthly HOA Fees

Schools

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

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 094036 01302 00008036

Community Details

Overview

  • Lynnwood Downs Subdivision

Recreation

  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,218

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Prop. Type: Land
  • Inclusions: LAND
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Topography: CLDSC,PRVT,VIEWS,WOOD
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Monthly
  • Amenities: Gated, Trail(s)
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Zoning: Residentia
  • Current Use: Residential
  • Lot Features: Cul-De-Sac, Private, Views, Wooded
  • Lot Size Acres: 11.93
  • Lot Size Units: Acres
  • Parcel #: 094036 01302 00008036
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1218

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
Feb 5, 2025
Closed on
Apr 2, 2025
Sold by
Wingstrom Joshua
Bought by
Snyder Revocable Living Trust and Snyder
Seller's Agent
Mike Grumbles
Gray Fox Realty
Buyer's Agent
Dana Jorgensen
Benchmark Realty, LLC
List Price
$1,495,000
Sold Price
$1,350,000
Premium/Discount to List
-$145,000
-9.7%
Views
12
Current Estimated Value
$1,322,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,880
Avg. Annual Appreciation
-2.82%

Purchase Details

Listed on
May 13, 2016
Closed on
Nov 17, 2016
Sold by
Doctora Joseph
Bought by
Wingstrom Joshua
Seller's Agent
Donna Myers
Parks Compass
Buyer's Agent
Mike Grumbles
Gray Fox Realty
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.61%
Original Mortgage
$113,750
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2011
Sold by
First State Bank
Bought by
Doctora Joseph

Purchase Details

Closed on
May 10, 2011
Sold by
Umbrella Investment Corporation
Bought by
First State Bank

Purchase Details

Closed on
Jul 16, 2004
Sold by
Bortz Mark and Anderson Christine R
Bought by
Umbrella Investment Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 1997
Sold by
Bortz Mark
Bought by
Williamson County

Purchase Details

Closed on
Sep 13, 1995
Bought by
Bortz Mark
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $1,350,000 Magnolia Title & Escrow
Warranty Deed $175,000 Dlo Title Llc
Special Warranty Deed $91,960 Trustland Title & Escrow Llc
Trustee Deed $132,500 None Available
Warranty Deed $240,000 --
Deed $1,500 --
Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $113,750 Commercial
Previous Owner $250,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2025 04/02/25 Sold $1,350,000 -9.7% --
02/13/2025 02/13/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $1,495,000 +687.3% --
10/25/2018 10/25/18 Pending -- -- --
10/20/2018 10/20/18 Price Changed $189,900 -5.0% --
10/04/2018 10/04/18 For Sale $199,900 +14.2% --
11/18/2016 11/18/16 Sold $175,000 -- -- View Prior Sale
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
2025 $1,218 $246,250 $246,250 --
2024 $1,218 $64,800 $64,800 --
2023 $1,218 $64,800 $64,800 $0
2022 $1,218 $64,800 $64,800 $0
2021 $1,218 $64,800 $64,800 $0
2020 $997 $44,925 $44,925 $0
2019 $997 $44,925 $44,925 $0
2018 $966 $44,925 $44,925 $0
2017 $1,858 $86,400 $86,400 $0
2016 $1,858 $86,400 $86,400 $0
2015 -- $61,150 $61,150 $0
2014 -- $61,150 $61,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2788044

Realtracs

APN: 036-013.02