NOT LISTED FOR SALE

3715 Ravens Trace Ln Franklin, TN 37064

Estimated Value: $445,000 - $485,000

11 Acres
$43,813 Price per Acre
465,656 Sq Ft Lot

Last Sold April 01, 2024

Last sale price $450,000

Est. 4% increase in value since last sale

Current estimated payment $2,809/month

50 Days on Market

Highlights

  • Lot Has A Rolling Slope
  • Walnut Grove Elementary School Rated A
  • No Heating

About This Lot

As of April 2024

>10 Acres! This Property backs to Natchez Trace Pkwy! Private, Wooded Lot in Ravens Trace. Price for Land Only. Opportunity to build with Strock Custom Homes or bring your own Builder.

Last Agent to Sell the Property

Erik Levin

Benchmark Realty, LLC Brokerage Phone: 6155547677 License # 331922 Listed on: 01/01/2024

Benchmark Realty, LLC

Last Buyer's Agent

Spencer Sadler

Compass RE License #327074

Compass RE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,281

Lot Details

  • 10.69 Acre Lot
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Property is zoned Residentl

HOA Fees

  • $83 Monthly HOA Fees

Schools

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

Utilities

  • Septic Tank

Community Details

  • Ravens Trace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 094039 00504 00006039

Property Details

Property Type

Land

Est. Annual Taxes

$1,281

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Prop. Type: Land
  • Inclusions: LAND
  • ResoPropertyType: Land
  • Attribution Contact: 6155547677
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Topography: HILLY,ROLLI
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling Y N: No
  • Heating Yn: No
  • Utilities: Water Available

Condo/Co-op/Association

  • Association Fee: 250
  • Association Fee Frequency: Quarterly
  • Amenities: Gated
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Lot Info

  • Zoning: Residentl
  • Current Use: Residential
  • Lot Features: Hilly, Rolling Slope
  • Lot Size Acres: 10.69
  • Lot Size Units: Acres
  • Parcel #: 094039 00504 00006039
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1281

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
Jan 1, 2024
Closed on
Apr 1, 2024
Sold by
Strock Charles J and Strock Jodi E
Bought by
Bauer Mollie Ann Gass and Bauer Walker Andrew
Seller's Agent
Erik Levin
Benchmark Realty, LLC
Buyer's Agent
Spencer Sadler
Compass RE
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Total Days on Market
50
Views
87
Current Estimated Value
$468,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,364
Avg. Annual Appreciation
3.39%
Original Mortgage
$374,000
Outstanding Balance
$358,504
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving
Estimated Equity
$109,860

Purchase Details

Listed on
Aug 6, 2019
Closed on
Apr 15, 2021
Sold by
Wells Aaron R and Wells Jessica C
Bought by
Strock Charles J and Strock Jodi E
Seller's Agent
Steven Myers
Fridrich & Clark Realty
Buyer's Agent
Maik Lowe
Cobalt Premier Properties
List Price
$300,000
Sold Price
$229,000
Premium/Discount to List
-$71,000
-23.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.64%
Original Mortgage
$183,200
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 20, 2013
Sold by
Holmquist David B and Holmquist Dawn E
Bought by
Wells Aaron A and Wells Jessica C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,750
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2004
Sold by
Southtrust Bank
Bought by
Holmquist David B and Holmquist Dawn E

Purchase Details

Closed on
Feb 14, 2003
Sold by
Blackberry Farms Lp
Bought by
Southtrust Bank
Source: Public Records

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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
Bauer Mollie Ann Gass $450,000 Rudy Title & Escrow
Strock Charles J $229,000 None Available
Wells Aaron A $155,000 Security Title & Escrow Co
Holmquist David B $80,000 --
Southtrust Bank $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bauer Mollie Ann Gass $374,000
Previous Owner Strock Charles J $183,200
Previous Owner Wells Aaron P $802,334
Previous Owner Wells Aaron A $131,750
Previous Owner Highway 96 Partners Lp $246,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2024 04/01/24 Sold $450,000 -9.8% --
02/20/2024 02/20/24 Pending -- -- --
01/01/2024 01/01/24 For Sale $499,000 +117.9% --
04/15/2021 04/15/21 Sold $229,000 -23.7% --
02/26/2021 02/26/21 Pending -- -- --
08/06/2019 08/06/19 For Sale $300,000 -- --
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 $1,281 $68,125 $68,125 --
2023 $1,281 $68,125 $68,125 $0
2022 $1,281 $68,125 $68,125 $0
2021 $1,281 $68,125 $68,125 $0
2020 $917 $41,300 $41,300 $0
2019 $917 $41,300 $41,300 $0
2018 $888 $41,300 $41,300 $0
2017 $888 $41,300 $41,300 $0
2016 $0 $41,300 $41,300 $0
2015 -- $38,125 $38,125 $0
2014 -- $38,125 $38,125 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2605336

Realtracs

APN: 039-005.04