NOT LISTED FOR SALE

507 Carriage Ln Lebanon, TN 37087

Estimated Value: $804,000 - $900,000

4 Beds
3.5 Baths
3,498 Sq Ft
$245/Sq Ft Est. Value

Last Sold February 22, 2018

Last sale price $489,900 $140 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,954/month

Highlights

  • 0.54 Acre Lot
  • 1 Fireplace
  • 3 Car Attached Garage
  • Wood Flooring
  • Separate Formal Living Room
  • Covered Deck

About This Home

As of February 2018

Berkley Plan, Master + BR #2 on Main, Beautiful Kit w/granite, island & stainless. Extensive custom trim work, hardwood, tile in all baths & utility. Tile Shower & Granite Master Bath, Covered Deck

Last Agent to Sell the Property

Debra Melvin

RE/MAX Exceptional Properties License #227382 Listed on: 10/25/2017

RE/MAX Exceptional Properties

Last Buyer's Agent

Karen Fisk

License #325566

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,036

Year Built

  • Built in 2017

Lot Details

  • 0.54

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,498 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Separate Formal Living Room
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Schools

  • Coles Ferry Elementary School
  • Walter J. Baird Middle School
  • Lebanon High School

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Covered Deck
  • 0.54 Acre Lot

Community Details

  • Farmington Woods Subdivision

Listing and Financial Details

  • Tax Lot 134
  • Assessor Parcel Number 045H A 02600 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,036

Year Built

Built in 2017

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2017
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Utility Connection, Walk-In Closet(s)
  • Appliances: Microwave, Dishwasher
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 3498
  • Building Area Units: Square Feet
  • Living Area: 3498
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Brick
  • Patio And Porch Features: Covered Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 15
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Acres: 0.54
  • Lot Size Units: Acres
  • Parcel #: 045H A 02600 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Lot: 134

MLS Schools

  • Elementary School: Coles Ferry Elementary
  • High School: Lebanon High School
  • Middle Or Junior School: Walter J. Baird Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Feb 22, 2018
Sold by
New Castle Homes Of Tenessee Inc
Bought by
Payne Mark and Payne Mariann
Seller's Agent
Debra Melvin
RE/MAX Exceptional Properties
Buyer's Agent
Karen Fisk
List Price
$259,900
Sold Price
$489,900
Premium/Discount to List
$230,000
88.5%
Current Estimated Value
$848,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,552
Avg. Annual Appreciation
7.56%
Original Mortgage
$487,400
Interest Rate
3.99%
Mortgage Type
VA

Purchase Details

Closed on
Jul 25, 2017
Sold by
Farmington Woods Llc
Bought by
New Castle Homes Of Tennessee Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,200
Interest Rate
3.88%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 28, 2004
Sold by
Farmington Woods Llc
Bought by
Farmington Woods Llc
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
Payne Mark $489,900 Horizon Land Title Inc
New Castle Homes Of Tennessee Inc $80,000 None Available
Farmington Woods Llc $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Payne Mark $473,800
Closed Payne Mark $478,267
Closed Payne Mark $487,400
Previous Owner New Castle Homes Of Tennessee Inc $375,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2020 08/16/20 Pending -- -- --
08/14/2020 08/14/20 For Sale $259,900 0.0% $74 / Sq Ft
07/28/2020 07/28/20 Pending -- -- --
07/08/2020 07/08/20 Price Changed $259,900 -1.9% $74 / Sq Ft
06/16/2020 06/16/20 Price Changed $264,900 -1.9% $76 / Sq Ft
06/03/2020 06/03/20 Price Changed $269,900 -1.8% $77 / Sq Ft
05/27/2020 05/27/20 Price Changed $274,900 -1.8% $79 / Sq Ft
05/05/2020 05/05/20 For Sale $279,900 -42.9% $80 / Sq Ft
02/22/2018 02/22/18 Sold $489,900 -- $140 / Sq Ft
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 $3,036 $137,625 $18,750 $118,875
2022 $3,979 $137,625 $18,750 $118,875
2021 $3,980 $137,625 $18,750 $118,875
2020 $3,775 $137,625 $18,750 $118,875
2019 $3,218 $100,450 $18,750 $81,700
2018 $3,218 $100,450 $18,750 $81,700
2017 $544 $18,750 $18,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1875179

Realtracs

APN: 045H A 02600000