505 Franklin Rd Franklin, TN 37069
Berrys Chapel Neighborhood
5
Beds
4.5
Baths
4,851
Sq Ft
1.95
Acres
Highlights
- 1.95 Acre Lot
- Wood Flooring
- 3 Car Attached Garage
- Walnut Grove Elementary School Rated A
- 2 Fireplaces
- Covered Deck
About This Home
As of March 2024Your DREAM Ranch Renovation on 1.95 acres in Cool Springs! Gutted to the studs with 4850 Sq Ft and EVERYTHING you've been looking for! Brand new addition with massive owner suite and 3 car garage plus additional parking. Brand new designer kitchen. New hardwoods, new tile, new fixtures, new lighting. 4 bedrooms 3.5 baths on the main level. Incredible basement in-law suite or studio with 5th bedroom, full bath, full kitchen, living room with fireplace and multiple flex spaces.
Last Agent to Sell the Property
Benchmark Realty, LLC License # 324193 Listed on: 01/18/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,579
Year Built
- Built in 1979
Parking
- 3 Car Attached Garage
- 2 Open Parking Spaces
Home Design
- Brick Exterior Construction
Interior Spaces
- Property has 2 Levels
- 2 Fireplaces
- Finished Basement
Kitchen
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 4 Main Level Bedrooms
- Walk-In Closet
Schools
- Walnut Grove Elementary School
- Grassland Middle School
- Franklin High School
Utilities
- Cooling Available
- Central Heating
Additional Features
- Covered Deck
- 1.95 Acre Lot
Community Details
- 1.95 Acres Subdivision
Listing and Financial Details
- Assessor Parcel Number 094053 01400 00008053
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2024
Closed on
Mar 19, 2024
Sold by
Harbinson Paul and Harbinson Cheryl
Bought by
Jennifer M Zorn Trust and Zorn
Seller's Agent
Danielle Schellenberg
Compass RE
Buyer's Agent
Garry Price
The Ashton Real Estate Group of RE/MAX Advantage
List Price
$1,990,000
Sold Price
$1,875,000
Premium/Discount to List
-$115,000
-5.78%
Total Days on Market
2
Views
38
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
$26,535
Avg. Annual Appreciation
1.18%
Original Mortgage
$2,000,000
Interest Rate
6.77%
Mortgage Type
Credit Line Revolving
Purchase Details
Listed on
Jan 18, 2021
Closed on
Feb 3, 2021
Sold by
Stephens Tracy and Stephens Julie
Bought by
Harbinson Paul and Harbinson Cheryl
Seller's Agent
Martin Lovelace
Benchmark Realty, LLC
Buyer's Agent
Mina Jensen
Luxe Property Group
List Price
$1,399,900
Sold Price
$1,399,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%
Original Mortgage
$586,500
Interest Rate
2.6%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 15, 2020
Closed on
Mar 11, 2020
Sold by
Bery Pooja and Bery Poonam
Bought by
Stephens Tracy and Stephens Julie
Seller's Agent
Martin Lovelace
Benchmark Realty, LLC
Buyer's Agent
Martin Lovelace
Benchmark Realty, LLC
List Price
$649,900
Sold Price
$585,000
Premium/Discount to List
-$64,900
-9.99%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
163.66%
Purchase Details
Listed on
May 20, 2016
Closed on
Aug 4, 2016
Sold by
Johnson Alan Lee and Johnson Glenda M
Bought by
Bery Pooja
Seller's Agent
Christi Stallings
Benchmark Realty, LLC
Buyer's Agent
Christi Stallings
Benchmark Realty, LLC
List Price
$395,000
Sold Price
$374,500
Premium/Discount to List
-$20,500
-5.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%
Original Mortgage
$355,775
Interest Rate
3.41%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 23, 2012
Sold by
Johnson Glenda M and Estate Of Albert Leon Johnson
Bought by
Johnson Alan Lee and Johnson Glenda M
Purchase Details
Closed on
Dec 15, 2005
Sold by
Cash Nancy J
Bought by
Johnson Albert L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.23%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 2001
Sold by
Simmons Gary E and Simmons Lucy J
Bought by
Cash Nancy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
6.57%
Similar Homes in Franklin, TN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,875,000 | Concord Title | |
| Warranty Deed | $1,399,900 | None Listed On Document | |
| Warranty Deed | $585,000 | Esquire Title & Escrow Inc | |
| Warranty Deed | $374,500 | Athens Title & Escrow Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $317,000 | Stonegate | |
| Warranty Deed | $241,250 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | Credit Line Revolving | |
| Closed | $2,000,000 | Credit Line Revolving | |
| Previous Owner | $586,500 | New Conventional | |
| Previous Owner | $250,000 | New Conventional | |
| Previous Owner | $355,775 | New Conventional | |
| Previous Owner | $78,000 | New Conventional | |
| Previous Owner | $51,400 | Fannie Mae Freddie Mac | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $12,000 | Credit Line Revolving | |
| Previous Owner | $193,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/21/2024 03/21/24 | Sold | $1,875,000 | -5.8% | $387 / Sq Ft |
| 02/05/2024 02/05/24 | Pending | -- | -- | -- |
| 01/31/2024 01/31/24 | For Sale | $1,990,000 | +42.2% | $410 / Sq Ft |
| 02/03/2021 02/03/21 | Sold | $1,399,900 | 0.0% | $289 / Sq Ft |
| 01/20/2021 01/20/21 | Pending | -- | -- | -- |
| 01/18/2021 01/18/21 | For Sale | $1,399,900 | +139.3% | $289 / Sq Ft |
| 03/12/2020 03/12/20 | Sold | $585,000 | -10.0% | $172 / Sq Ft |
| 02/28/2020 02/28/20 | Pending | -- | -- | -- |
| 01/15/2020 01/15/20 | For Sale | $649,900 | +73.5% | $191 / Sq Ft |
| 03/12/2019 03/12/19 | Off Market | $374,500 | -- | -- |
| 10/12/2018 10/12/18 | For Sale | $395,000 | +5.5% | $223 / Sq Ft |
| 08/08/2016 08/08/16 | Sold | $374,500 | -- | $212 / 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 | $5,579 | $296,750 | $101,450 | $195,300 |
| 2023 | $5,579 | $296,750 | $101,450 | $195,300 |
| 2022 | $5,579 | $296,750 | $101,450 | $195,300 |
| 2021 | $5,579 | $296,750 | $101,450 | $195,300 |
| 2020 | $2,015 | $90,750 | $41,175 | $49,575 |
| 2019 | $2,015 | $90,750 | $41,175 | $49,575 |
| 2018 | $1,951 | $90,750 | $41,175 | $49,575 |
| 2017 | $1,951 | $90,750 | $41,175 | $49,575 |
| 2016 | $1,951 | $90,750 | $41,175 | $49,575 |
| 2015 | -- | $82,300 | $38,900 | $43,400 |
| 2014 | -- | $82,300 | $38,900 | $43,400 |
Source: Public Records
Agents Affiliated with this Home
-
Danielle Schellenberg
Seller's Agent in 2024
Danielle Schellenberg
Compass RE
(615) 499-9746
1 in this area
108 Total Sales
-
Garry Price
Buyer's Agent in 2024
Garry Price
Gary Ashton Realt Estate
(615) 981-9378
1 in this area
63 Total Sales
-
Martin Lovelace
Seller's Agent in 2021
Martin Lovelace
Benchmark Realty, LLC
(615) 618-7232
1 in this area
86 Total Sales
-
Mina Jensen
Buyer's Agent in 2021
Mina Jensen
Luxe Property Group
(615) 796-0984
1 in this area
122 Total Sales
-
Christi Stallings
Seller's Agent in 2016
Christi Stallings
Benchmark Realty, LLC
(615) 815-1482
44 Total Sales
Map
Source: Realtracs
MLS Number: 2221056
APN: 053-014.00
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