NOT LISTED FOR SALE

50 Franklin Rd Lebanon, TN 37087

Estimated Value: $224,819 - $367,000

0.25 Acre
$1,067,820 Price per Acre
10,890 Sq Ft Lot

Last Sold June 02, 2022

Last sale price $225,000 $284 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,423/month

10 Days on Market

Highlights

  • No HOA
  • Level Lot
  • No Heating

About This Lot

As of June 2022

Multi-family zoned building lot right next-door to some beautiful Class A space currently under construction. See the many possible uses for RD9 zoning below:50 Franklin Road | 299k • 0.25 acres +/-• 65 ft of road frontage• 181 ft deep / 157 ft deep• Annual taxes $385.31• Class A space adjoining• @Zips Market across the street just sold for 1.7M in 2021

Last Agent to Sell the Property

Joseph Goodman

RE/MAX Choice Properties Brokerage Phone: 6154762953 License #299535 Listed on: 02/11/2022

RE/MAX Choice Properties

Last Buyer's Agent

Justin Davis

Blackwell Realty and Auction License # 348331

Blackwell Realty and Auction

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $385

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Property is zoned RD9

Schools

  • Byars Dowdy Elementary School
  • Winfree Bryant Middle School
  • Lebanon High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 081C D 00600 000

Property Details

Property Type

Land

Est. Annual Taxes

$385

Lot Details

0

Listing Details

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

Exterior Features

  • Pool Private: No
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Topography: LEVEL
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RD9
  • Current Use: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 66 X 160 IRR
  • Lot Size Units: Acres
  • Parcel #: 081C D 00600 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 385

MLS Schools

  • Elementary School: Byars Dowdy Elementary
  • High School: Lebanon High School
  • Middle Or Junior School: Winfree Bryant Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Jun 2, 2022
Sold by
Salazar Gerardo L and Salazar Blanca L
Bought by
30 Franklin Road Trust
Seller's Agent
Joseph Goodman
RE/MAX Choice Properties
Buyer's Agent
Justin Davis
Blackwell Realty and Auction
Sold Price
$225,000
Current Estimated Value
$266,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,955
Avg. Annual Appreciation
5.05%

Purchase Details

Listed on
Jul 21, 2016
Closed on
Nov 2, 2016
Sold by
Sells Michael and Sells Dorothy
Bought by
Salazar Gerardo and Salazar Blanca L
Seller's Agent
Richard Macon
J. R. Hobbs & Sons
Buyer's Agent
Richard Macon
J. R. Hobbs & Sons
List Price
$292,155
Sold Price
$40,000
Premium/Discount to List
-$252,155
-86.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.28%
Original Mortgage
$34,200
Interest Rate
3.48%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 4, 1995
Bought by
Michael Sells

Purchase Details

Closed on
Jan 31, 1985
Bought by
Ethridge Jo Ella
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
30 Franklin Road Trust $225,000 Rochelle Mcculloch & Aulds Pll
Salazar Gerardo $40,000 None Available
Michael Sells $46,000 --
Ethridge Jo Ella -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salazar Gerardo $34,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2022 06/02/22 Sold $225,000 0.0% $284 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/13/2022 02/13/22 For Sale -- -- --
02/11/2022 02/11/22 Off Market $225,000 -- --
02/15/2019 02/15/19 Off Market $40,000 -- --
01/03/2019 01/03/19 For Sale $292,155 +630.4% $451 / Sq Ft
11/02/2016 11/02/16 Sold $40,000 -- $62 / Sq Ft 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
2024 $193 $8,750 $8,750 --
2022 $253 $8,750 $8,750 $0
2021 $253 $8,750 $8,750 $0
2020 $84 $8,750 $8,750 $0
2019 $88 $10,250 $2,225 $8,025
2018 $359 $10,250 $2,225 $8,025
2017 $359 $10,250 $2,225 $8,025
2016 $359 $10,250 $2,225 $8,025
2015 $372 $10,250 $2,225 $8,025
2014 $302 $8,331 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2355040

Realtracs

APN: 081C-D-006.00