$182,000
PENDING $17K PRICE DROP

507 Millwood Dr Franklin, KY 42134

Estimated payment $1,065/month

Total Views 6,475
3 Beds
1.5 Baths
1,050 Sq Ft
$173 Price per Sq Ft

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Landscaped with Trees
  • Secondary bathroom tub or shower combo
  • Thermal Windows
  • Bathroom on Main Level

About This Home

Check out this inviting 3-bedroom, 1.5-bathroom home located within the city limits of Franklin. With 1,050 sq ft of comfortable living space, this property offers a perfect blend of convenience and small town charm. Situated in a fantastic neighborhood, you'll enjoy easy access to local shops, downtown life and walking for fun! Then just go right out back to relax on the spacious back patio, ideal for entertaining or enjoying a peaceful evening outdoors. $5,000 Renovation Allowance with acceptable offer.

Listing Agent

Gabe Graves

Keller Williams First Choice R License #219734 Listed on: 03/13/2025

Keller Williams First Choice R

Co-Listing Agent

Bethany Graves

Keller Williams First Choice R License #220884

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1996

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • Driveway Level

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,050 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Secondary bathroom tub or shower combo

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Storage Shed

Schools

  • Franklin Simpson Elementary And Middle School
  • Franklin Simpson High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Mill Wood Estates Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$900

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Residential/Farm
  • Type: Single Family
  • Style Of Home: Ranch
  • Estimated Above Ground Sq Ft: 1050
  • Estimated Year Built: 1996
  • Disability Access: 1st Floor Bathroom, Level Drive
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Woodstove: None
  • Walls: Dry Wall
  • Appliances Equipment: Smoke Detector(s)
  • Floors: Carpet, Laminate
  • Windows Treatments: Partial
  • Below Grade Bedrooms YN: No
  • Total Bedrooms: 3
  • Master Bedroom Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bathroom: Tub/Shower Combo
  • Number of Full Bathrooms in the Basement: 0
  • Number of Lower Level Full Bathrooms: 0
  • Number of Main Level Full Bathrooms: 1
  • Total Bathrooms: 2
  • Number Partial Bathrooms in the basement: 0
  • Number of Lower Level Partial Bathrooms: 0
  • Number of Main Level Partial Bathrooms: 1
  • Master Bath Room Level: Main
  • Full Bathrooms: 1
  • Number of Partial Bathrooms: 1
  • Utility Room Bsmt: 0
  • Lower Level Utility Room: 0
  • Utility Room Main: 0
  • Upper Level Utility Room: 0
  • Has Basement: None
  • Basement YN: No
  • Dining Rooms: Kitchen/Dining Combo
  • Kitchen: Dishwasher, Microwave, Range/Oven, Range Gas
  • Kitchen Level: Main
  • Living Room Level: Main
  • Other Rooms: None
  • Price Per S Q F T: 173.33
  • Total Fin Living Sapce: 1050
  • Level1 Sq Ft: 1050

Exterior Features

  • Construction: Vinyl
  • Roofing: Shingles
  • ExteriorFeatures: Covered Front Porch, Concrete Walks, Exterior Lights, Landscaping, Outdoor Lighting, Patio, Storage Shed, Trees
  • Fence: None
  • Foundation: Crawl Space
  • Lake Location: None
  • Lake Property Features: None
  • Water Features: None

Garage/Parking

  • Garage Carport: None
  • Garage Carport: No

Utilities

  • Water: City
  • Water Heater: Electric
  • Air Conditioner: Central Electric
  • Heating: Heat Pump
  • Sewer: City
  • Utility: Cable Available, Electric, Natural Gas

Fee Information

  • Association Fee Includes: None
  • Fees: None

Schools

  • Elementary School: Franklin Simpson
  • Middle School: Franklin Simpson
  • High School: Franklin Simpson

Lot Info

  • Estimated Lot Size: 0.18
  • Deed Book Page: PB4-PG221B
  • Price Per Acre: 1011111

MLS Schools

  • Elementary School: Franklin Simpson
  • Middle School: Franklin Simpson
  • High School: Franklin Simpson

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 $900 $101,650 $0 $0
2023 $946 $101,650 $0 $0
2022 $889 $101,650 $0 $0
2021 $882 $101,650 $0 $0
2020 $614 $70,000 $0 $0
2019 $625 $70,000 $0 $0
2018 $623 $70,000 $0 $0
2017 $609 $70,000 $0 $0
2016 $604 $70,000 $0 $0
2015 -- $62,000 $0 $0
2013 -- $62,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Pending -- -- --
06/04/2025 06/04/25 Price Changed $182,000 -1.6% $173 / Sq Ft
05/23/2025 05/23/25 Price Changed $185,000 -2.6% $176 / Sq Ft
05/14/2025 05/14/25 For Sale $190,000 0.0% $181 / Sq Ft
05/13/2025 05/13/25 Off Market $190,000 -- --
05/06/2025 05/06/25 For Sale $190,000 0.0% $181 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/08/2025 04/08/25 Price Changed $190,000 -3.1% $181 / Sq Ft
04/02/2025 04/02/25 Price Changed $196,000 -1.0% $187 / Sq Ft
03/26/2025 03/26/25 Price Changed $198,000 -0.5% $189 / Sq Ft
03/13/2025 03/13/25 For Sale $199,000 -- $190 / Sq Ft
Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

Purchase History

Date Type Sale Price Title Company
Deed $175,000 None Listed On Document
Deed $102,000 None Listed On Document
Deed $98,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $171,830 FHA
Previous Owner $97,500 New Conventional
Previous Owner $83,300 New Conventional
Source: Public Records

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Source: Real Estate Information Services (REALTOR® Association of Southern Kentucky)

MLS Number: RA20251327

Real Estate Information Services (REALTOR® Association of Southern Kentucky)

APN: 019-00-12-020.00