NOT LISTED FOR SALE

404 Watercress Dr Franklin, TN 37064

Central Franklin Neighborhood

Estimated Value: $793,000 - $1,258,000

3 Beds
3 Baths
3,256 Sq Ft
$317/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $562,500 $173 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,877/month

About This Home

As of August 2015

STUNNING & ELEGANT! Completely Renovated...Sand & Finish Hdwds...Custom Made Kit Cabinets, High End Stainless Steel Appl... Travertine Tile & Marble in Master Bath...Stained Concrete Patio...3rd fl expansion area...Truly the Definition of Southern Charm!

Last Agent to Sell the Property

Ginger Alexander

Synergy Realty Network, LLC License #308570 Listed on: 03/08/2015

Synergy Realty Network, LLC

Last Buyer's Agent

David Logan

Parks Compass License #213942

Parks Compass

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,900

Year Built

1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Above Grade Finished Sq Ft: 3256
  • Architectural Style: Traditional
  • Carport Y N: No
  • Directions: I65 to Hwy 96 Exit #65...Travel West toward downtown Franklin...cross over Mack Hatcher intersection...Charlton Green entrance on the left on Watercress Dr
  • Garage Yn: Yes
  • Lot Size: 45 X 173
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • Subdivision Name: Charlton Green Sec 3
  • Year Built Details: RENOV
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built: 1984

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood, Tile

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Patio And Porch Features: Covered Patio, Patio
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Schools

  • Elementary School: Franklin Elementary
  • High School: Centennial High School
  • Middle Or Junior School: Freedom Middle School

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3208

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2021
Sold by
Hightower William Charles and Billy M Hightower Trust
Bought by
Gustafson Gerrit G and Gustafson Hilota
Current Estimated Value
$1,031,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$29,158
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,002,396

Purchase Details

Closed on
Jan 15, 2016
Sold by
Hightower William Charles and Billy M Hightower Trust
Bought by
Gustafson Gerrit G and Gustafson Himmie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,500
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2015
Closed on
Aug 7, 2015
Sold by
Gustafson Gerrit G and Gustafson Himmie
Bought by
Hightower William Charles and Billy M Hightower Trust
Seller's Agent
Ginger Alexander
Synergy Realty Network, LLC
Buyer's Agent
David Logan
Parks Compass
List Price
$250,000
Sold Price
$562,500
Premium/Discount to List
$312,500
125%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$292,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2011
Sold by
Nichols Robert M
Bought by
Jefferson Millard H and Jefferson Cornelia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.02%
Mortgage Type
New Conventional
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
Gustafson Gerrit G -- Bridgehouse Title
Gustafson Gerrit G -- Four Star Title
Hightower William Charles -- Attorney
Gustafson Gerrit $562,500 Solomon Parks Title & Escrow
Jefferson Millard H $440,000 Realty Title & Escrow Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gustafson Gerrit G $35,000
Previous Owner Gustafson Gerrit G $286,500
Previous Owner Gustafson Gerrit $292,500
Previous Owner Jefferson Millard H $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $250,000 -55.6% $77 / Sq Ft
08/07/2015 08/07/15 Sold $562,500 -- $173 / Sq Ft
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 $4,900 $173,100 $37,500 $135,600
2023 $4,710 $173,100 $37,500 $135,600
2022 $4,710 $173,100 $37,500 $135,600
2021 $4,710 $173,100 $37,500 $135,600
2020 $3,776 $117,025 $23,125 $93,900
2019 $3,776 $117,025 $23,125 $93,900
2018 $3,694 $117,025 $23,125 $93,900
2017 $3,636 $117,025 $23,125 $93,900
2016 $3,624 $117,025 $23,125 $93,900
2015 -- $94,800 $21,250 $73,550
2014 -- $94,800 $21,250 $73,550
Source: Public Records

Agents Affiliated with this Home

  • Ginger Alexander

    Seller's Agent in 2015

    Ginger Alexander

    Synergy Realty Network, LLC

    (615) 300-5573

    2 in this area

    24 Total Sales

    Ginger Alexander
    Section Image
  • David Logan

    Buyer's Agent in 2015

    David Logan

    Parks Compass

    (615) 585-1362

    1 in this area

    1 Total Sale

    David Logan
    Section Image
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Map

Source: Realtracs

MLS Number: 1614645

Realtracs

APN: 078L-F-032.00

Tennessee Williamson County Franklin 37064 Central Franklin

404 Watercress Dr, Franklin, TN

This home is located at 404 Watercress Dr, Franklin, TN 37064 since 08 March 2015 and is currently estimated at $1,031,554, approximately $316 per square foot. This property was built in 1984. 404 Watercress Dr is a home located in Williamson County with nearby schools including Franklin Elementary School, Freedom Intermediate School, and Freedom Middle School.

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