NOT LISTED FOR SALE

5016 Buds Farm Ln Franklin, TN 37064

Estimated Value: $1,684,874 - $1,995,000

4 Beds
6 Baths
4,251 Sq Ft
$433/Sq Ft Est. Value

Last Sold January 24, 2023

Last sale price $1,550,000 $365 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,279/month

49 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Walk-In Closet
  • Creekside Elementary School Rated A
  • Separate Formal Living Room
  • Cooling Available

About This Home

As of January 2023

Welcome home to 5016 Buds Farm Lane in highly sought after scenic Ivan Creek subdivision. This custom home nestled on a one acre lot features solid hardwood flooring, crown molding, trim work, natural lighting, high ceilings and updates throughout. Four large en suite bedrooms with the primary and one secondary en suite located on the main level, as well as a study and powder room. Upstairs game/media room has a wet bar, and 1/2 bathroom. The spacious kitchen boasts granite countertops, designer appliances, stylish backsplash, & center island. Memories await on the screened-in and outdoor patios with built-in fire pit, overlooking the large backyard and plenty of room for a future pool or addition. The long driveway with ample overflow parking leads to the three car garage.

Last Agent to Sell the Property

Amy McDaniel

Equity Estates License #355389 Listed on: 10/26/2022

Last Buyer's Agent

Trent Shirk

Compass RE License #357180

Compass RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,068

Year Built

  • Built in 2009

Lot Details

  • 1.01 Acre Lot
  • Level Lot
  • Irrigation

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • 4,251 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Separate Formal Living Room
  • Smart Locks

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Schools

  • Creekside Elementary School
  • Fred J Page Middle School
  • Fred J Page High School

Utilities

  • Cooling Available
  • Heating Available
  • Underground Utilities
  • Septic Tank

Community Details

  • $300 One-Time Secondary Association Fee
  • Association fees include internet
  • Ivan Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 094134P A 04000 00013134P

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,068

Year Built

Built in 2009

Lot Details

0

HOA Fees

$140 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2009
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 4251
  • Building Area Units: Square Feet
  • Living Area: 4251
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Smart Lock(s), Irrigation System
  • Construction Type: Brick, Stone
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Attached - Side, Driveway
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: ENERGY STAR Qualified Equipment
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Internet
  • Association Fee: 420
  • Association #2 Fee: 300
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Quarterly
  • Amenities: Underground Utilities
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Quarterly

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 1.01
  • Lot Size Units: Acres
  • Parcel #: 094134P A 04000 00013134P
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4068

MLS Schools

  • Elementary School: Creekside Elementary School
  • High School: Fred J Page High School
  • Middle Or Junior School: Fred J Page Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Jan 17, 2023
Sold by
Mckinley Terry Lee and Mckinley Brenda
Bought by
Davis Christine M and Davis Scott A
Seller's Agent
Amy McDaniel
Equity Estates
Buyer's Agent
Trent Shirk
Compass RE
List Price
$1,649,000
Sold Price
$1,550,000
Premium/Discount to List
-$99,000
-6%
Views
59
Current Estimated Value
$1,841,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,219
Avg. Annual Appreciation
6.56%
Original Mortgage
$1,240,000
Outstanding Balance
$1,199,730
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$641,489

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jun 25, 2018
Sold by
Davis Jeremy and Davis Kathryn E
Bought by
Mckinley Terry Lee and Mckinley Brenda
Seller's Agent
Ashley Dugger
Benchmark Realty, LLC
Buyer's Agent
Bonnie Coleman
Reliant Realty ERA Powered
List Price
$367,900
Sold Price
$770,000
Premium/Discount to List
$402,100
109.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.47%
Original Mortgage
$494,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2009
Sold by
Beauvais Ellen L
Bought by
Davis Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,500
Interest Rate
4.75%
Mortgage Type
New Conventional
Source: Public Records

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
Davis Christine M $1,550,000 Tennessee Title Services
Mckinley Terry Lee $770,000 Rudy Title & Escrow Llc
Davis Jeremy $575,000 Talbott Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Christine M $1,240,000
Previous Owner Mckinley Terry Lee $494,500
Previous Owner Davis Jeremy $402,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2023 01/24/23 Sold $1,550,000 -3.0% $365 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
12/02/2022 12/02/22 Price Changed $1,597,990 -3.1% $376 / Sq Ft
10/26/2022 10/26/22 For Sale $1,649,000 +114.2% $388 / Sq Ft
11/01/2020 11/01/20 Off Market $770,000 -- --
10/22/2020 10/22/20 Price Changed $378,900 +1.3% $89 / Sq Ft
10/19/2020 10/19/20 Price Changed $373,900 +0.8% $88 / Sq Ft
09/30/2020 09/30/20 Price Changed $370,900 +0.8% $87 / Sq Ft
09/16/2020 09/16/20 For Sale $367,900 -52.2% $87 / Sq Ft
06/22/2018 06/22/18 Sold $770,000 -- $181 / 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 -- $216,375 $43,750 $172,625
2023 $4,068 $216,375 $43,750 $172,625
2022 $4,068 $216,375 $43,750 $172,625
2021 $4,068 $216,375 $43,750 $172,625
2020 $3,929 $176,975 $36,250 $140,725
2019 $3,929 $176,975 $36,250 $140,725
2018 $3,805 $176,975 $36,250 $140,725
2017 $3,805 $176,975 $36,250 $140,725
2016 $3,805 $176,975 $36,250 $140,725
2015 -- $146,350 $30,000 $116,350
2014 -- $146,350 $30,000 $116,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2451894

Realtracs

APN: 134P-A-040.00