$1,050,000
$145K PRICE DROP

507 Arbor Dr Franklin, TN 37069

Estimated payment $6,038/month

Total Views 4,998
4 Beds
4.5 Baths
3,212 Sq Ft
$327 Price per Sq Ft

Highlights

  • Clubhouse
  • Community Pool
  • Porch
  • Walnut Grove Elementary School Rated A
  • Tennis Courts
  • 2 Car Attached Garage

About This Home

Come take a look at 507 Arbor Dr. in the Cottonwood neighborhood. This home has 4 bedrooms with the option of a 5th bedroom, 4.5 bathrooms, sits on a dead end street and backs up to a community greenspace to offer even more space to play. There are hardwood and carpet throughout, a large kitchen, more than one living space and a screened in porch to enjoy the TN summer. The neighborhood has a great swimming pool with swim team, tennis and pickleball courts, clubhouse, playground and walking trails. Come and see this special home!

Listing Agent

Sara Ludlam

Zeitlin Sotheby's International Realty Brokerage Phone: 6156861577 License # 351843 Listed on: 06/07/2025

Zeitlin Sotheby's International Realty

Co-Listing Agent

Missy Brower

Zeitlin Sotheby's International Realty Brokerage Phone: 6156861577 License # 268381

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,849

Year Built

  • Built in 1978

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90 x 120
  • Level Lot

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 3,212 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Tile Flooring
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Patio
  • Porch

Schools

  • Walnut Grove Elementary School
  • Grassland Middle School
  • Franklin High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 094051D A 04400 00006051D

Community Details

Overview

  • $400 One-Time Secondary Association Fee
  • Association fees include recreation facilities
  • Cottonwood Est Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,849

Year Built

Built in 1978

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1978
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Existing
  • Attribution Contact: 6156861577
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Oven, Electric Range, Dishwasher, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Has Basement: None, Crawl Space
  • Above Grade Finished Sq Ft: 3212
  • Building Area Units: Square Feet
  • Living Area: 3212
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Porch, Patio, Screened
  • Pool Private: No
  • Roof: Asphalt
  • Topography: Level
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • HOA Fee Includes: Recreation Facilities
  • Association Fee: 90
  • Association #2 Fee: 400
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Park, Playground, Pool, Tennis Court(s), Trail(s)
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.25
  • Lot Size: 90 X 120
  • Lot Size Units: Acres
  • Parcel #: 094051D A 04400 00006051D
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2849

MLS Schools

  • Elementary School: Walnut Grove Elementary
  • High School: Franklin High School
  • Middle Or Junior School: Grassland Middle School

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,849 $151,550 $37,500 $114,050
2023 $2,849 $151,550 $37,500 $114,050
2022 $2,849 $151,550 $37,500 $114,050
2021 $2,849 $151,550 $37,500 $114,050
2020 $2,493 $112,275 $23,750 $88,525
2019 $2,493 $112,275 $23,750 $88,525
2018 $2,414 $112,275 $23,750 $88,525
2017 $2,414 $112,275 $23,750 $88,525
2016 $0 $112,275 $23,750 $88,525
2015 -- $87,550 $20,000 $67,550
2014 -- $87,550 $20,000 $67,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Price Changed $1,050,000 -12.1% $327 / Sq Ft
06/07/2025 06/07/25 For Sale $1,195,000 -- $372 / Sq Ft
Source: Realtracs

Purchase History

Date Type Sale Price Title Company
Deed $195,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Open $215,000 New Conventional
Closed $50,000 Credit Line Revolving
Closed $215,000 New Conventional
Closed $109,700 Credit Line Revolving
Closed $38,000 Credit Line Revolving
Closed $217,000 Unknown
Closed $44,000 Credit Line Revolving
Closed $178,400 Unknown
Source: Public Records

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Source: Realtracs

MLS Number: 2904795

Realtracs

APN: 051D-A-044.00