$229,000
SOLD APR 15, 2021

3715 Ravens Trace Ln Franklin, TN 37064

11 Acres
$21,422 Price per Acre
465,656 Sq Ft Lot

Recently Sold

24% Below List Price

570 Days on Market

Highlights

  • Hilly Lot
  • Walnut Grove Elementary School Rated A
  • No Heating

About This Lot

As of April 2024

Private wooded 10+ acre building site, in the exclusive 6 home gated community of Ravenstrace. Gated entrance on Hwy 96. Property backs Natchez Trace Pkwy. Lot slopes down to building site, then up - about 18 degree grade - no level spots, but easily to walk. Stunning building site, not suitable for a buyer with small budget. Septic grid is staked and has passed all Williamson County due diligence to be permit ready.

Last Agent to Sell the Property

Steven Myers

Fridrich & Clark Realty License # 263001 Listed on: 08/06/2019

Fridrich & Clark Realty

Last Buyer's Agent

Maik Lowe

Cobalt Premier Properties License #284280

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $888

Lot Details

  • 10.69 Acre Lot
  • Property fronts a private road
  • Hilly Lot
  • Property is zoned RP-5

HOA Fees

  • $83 Monthly HOA Fees

Schools

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

Utilities

  • Septic Tank

Community Details

  • Ravenstrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 094039 00504 00006039

Property Details

Property Type

Land

Est. Annual Taxes

$888

Lot Details

0

HOA Fees

$83 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: HILLY
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Zoning: RP-5
  • Lot Size Acres: 10.69
  • Lot Size Units: Acres
  • Parcel #: 094039 00504 00006039
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 888

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%
Views
87
Current Estimated Value
$528,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,569
Avg. Annual Appreciation
3.03%
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

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 Type Sale Price Title Company
Warranty Deed $450,000 Rudy Title & Escrow
Warranty Deed $229,000 None Available
Warranty Deed $155,000 Security Title & Escrow Co
Warranty Deed $80,000 --
Trustee Deed $72,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $374,000 Credit Line Revolving
Previous Owner $183,200 Future Advance Clause Open End Mortgage
Previous Owner $802,334 Unknown
Previous Owner $131,750 Purchase Money Mortgage
Previous Owner $246,900 Unknown
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: 2068809

Realtracs

APN: 039-005.04