Seller's Agent in 2025
Dena Willis
Benchmark Realty, LLC
(615) 491-4913
5 in this area
55 Total Sales
503 Madeira St Unit 503 Franklin, TN 37064
West Franklin NeighborhoodEstimated Value: $575,000 - $608,118
2
Beds
2
Baths
1,729
Sq Ft
$342/Sq Ft
Est. Value
Highlights
- Active Adult
- 1 Fireplace
- 2 Car Attached Garage
- Colonial Architecture
- Separate Formal Living Room
- Cooling Available
About This Home
As of March 2025Beautiful one level cottage near historic downtown Franklin in 55+ community! Wonderful open floor plan perfect for entertaining! Light and bright with beautiful hardwood entry, formal dining room, large living room with hardwoods & gas fireplace, spacious eat-in kitchen with granite countertops & tile backsplash! Private owners suite with large walk-in closet and en-suite bath with double vanity! Spacious second bedroom perfect for guests or home office! Large laundry room with plenty of cabinets for storage AND a large 2 car garage! No steps into the house! Great patio in the back w/stubbed gas line for grill! New roof and new hot water heater! Terrific location nestled between downtown Franklin and Westhaven….truly move in ready!
Last Agent to Sell the Property
Benchmark Realty, LLC Brokerage Phone: 6154914913 License # 281936 Listed on: 09/17/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,485
Year Built
- Built in 2007
Lot Details
- 3,703
HOA Fees
- $315 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Colonial Architecture
- Garden Home
- Property Attached
- Brick Exterior Construction
- Slab Foundation
- Asphalt Roof
- Hardboard
Interior Spaces
- 1,729 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
- Separate Formal Living Room
Kitchen
- Microwave
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Accessible Home Design
- Accessible Hallway
- Accessible Doors
Outdoor Features
- Patio
Schools
- Pearre Creek Elementary School
- Hillsboro Elementary/ Middle School
- Independence High School
Utilities
- Cooling Available
- Central Heating
- Heating System Uses Natural Gas
Community Details
- Active Adult
- Association fees include exterior maintenance, ground maintenance, insurance
- Reid Hill Commons Sec 1 Subdivision
Listing and Financial Details
- Assessor Parcel Number 094064M E 00300C01809064M
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Mar 14, 2025
Sold by
Serban Nicholas J
Bought by
Denison Blake
Seller's Agent
Dena Willis
Benchmark Realty, LLC
Buyer's Agent
Nanci Dahl
Benchmark Realty, LLC
List Price
$610,000
Sold Price
$585,000
Premium/Discount to List
-$25,000
-4.1%
Views
212
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,030
Avg. Annual Appreciation
2.05%
Original Mortgage
$335,000
Outstanding Balance
$333,312
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$258,718
Purchase Details
Closed on
Nov 6, 2011
Sold by
Vogt Frances J
Bought by
Serban Nicholas J and Serban Carol A
Purchase Details
Closed on
Jul 17, 2009
Sold by
Vogt Herbert W and Vogt Frances J
Bought by
Vogt Herbert W and Vogt Frances J
Purchase Details
Closed on
Aug 30, 2007
Sold by
Rochford Realty & Construction Co Inc
Bought by
Vogt Herbert W and Vogt Frances J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,200
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Denison Blake | $585,000 | Concord Title | |
| Serban Nicholas J | $295,000 | Midtown Title Llc | |
| Vogt Herbert W | -- | None Available | |
| Vogt Herbert W | $293,962 | None Available | |
| Rochford Realty & Construction Co Inc | -- | Mooreland Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Denison Blake | $335,000 | |
| Previous Owner | Rochford Realty & Construction Co Inc | $76,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/14/2025 03/14/25 | Sold | $585,000 | -2.3% | $338 / Sq Ft |
| 02/16/2025 02/16/25 | Pending | -- | -- | -- |
| 01/21/2025 01/21/25 | Price Changed | $599,000 | -1.8% | $346 / Sq Ft |
| 09/17/2024 09/17/24 | For Sale | $610,000 | -- | $353 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $2,585 | $91,325 | $21,250 | $70,075 |
| 2023 | $2,485 | $91,325 | $21,250 | $70,075 |
| 2022 | $2,485 | $91,325 | $21,250 | $70,075 |
| 2021 | $2,485 | $91,325 | $21,250 | $70,075 |
| 2020 | $2,188 | $67,850 | $17,500 | $50,350 |
| 2019 | $2,188 | $67,850 | $17,500 | $50,350 |
| 2018 | $2,141 | $67,850 | $17,500 | $50,350 |
| 2017 | $2,107 | $67,850 | $17,500 | $50,350 |
| 2016 | $0 | $67,850 | $17,500 | $50,350 |
| 2015 | -- | $57,800 | $15,000 | $42,800 |
| 2014 | -- | $57,800 | $15,000 | $42,800 |
Source: Public Records
Agents Affiliated with this Home
-
Dena Willis
-
Miki Peek
Seller Co-Listing Agent in 2025
Miki Peek
Benchmark Realty, LLC
(615) 289-9808
2 in this area
40 Total Sales
-
Nanci Dahl
Buyer's Agent in 2025
Nanci Dahl
Benchmark Realty, LLC
(310) 975-4017
2 in this area
42 Total Sales
Map
Source: Realtracs
MLS Number: 2704851
APN: 064M-E-003.00-C-018
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