NOT LISTED FOR SALE

508 Arbor Dr Franklin, TN 37069

Estimated Value: $1,115,162 - $1,124,000

4 Beds
2.5 Baths
3,200 Sq Ft
$350/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $1,030,000 $322 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,313/month

1 Day on Market

Highlights

  • Clubhouse
  • Deck
  • Wood Flooring
  • Walnut Grove Elementary School Rated A
  • Traditional Architecture
  • Separate Formal Living Room

About This Home

As of June 2023

Update: Multiple Offers Received-Cottonwood Basement Home! 4 BR 2.5 BA All Brick Georgian Home w/Oversized Garage & Full Unfinished 1100sq ft Basement w/Unlimited Possibilities(InLaw/Teen Suite,Rec Rm,Storage etc)*Main Level:Office/Formal Living Rm*Formal Dining Rm*Family Rm w/Built-Ins & Fireplace*Eat-in Kitchen with:Granite Counters*Stainless Appliances*Walk-In Pantry*Main level Bonus Rm off Kitchen w/abundant natural lighting*Upstairs features:Primary BedRm & Ensuite Bath + 3 add'l BedRms & Add’l Full Bath*Stand Up Attic*Fenced Backyard w/DogWatch Invisible fencing*Access to Harpeth River by path thru backyard*Active HOA w/Saltwater Pool, Tennis & Clubhouse+50 Acres of common ground w/soccer fields, walking & river trails*Meticulously cared for Home & Lawn!

Last Agent to Sell the Property

Laura Zeitlin, Crs, Abr Cpps C-

Crye-Leike, Inc., REALTORS License #270931 Listed on: 05/12/2023

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Paul Williams

simpliHOM License #326222

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,120

Year Built

  • Built in 1983

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90 x 120
  • Back Yard Fenced
  • Level Lot

HOA Fees

  • $84 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Separate Formal Living Room
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Two cooling system units
  • Central Heating
  • Heating System Uses Natural Gas
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 094051D A 03500 00006051D

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities
  • Cottonwood Est Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,120

Year Built

Built in 1983

Lot Details

0

HOA Fees

$84 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1983
  • Unit Levels: Two
  • Building Stories: 3
  • Year Built Details: APROX
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Microwave
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Unfinished
  • Above Grade Finished Sq Ft: 3200
  • Building Area Units: Square Feet
  • Living Area: 3200
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Brick
  • Fencing: Back Yard
  • Patio And Porch Features: Covered Porch, Deck
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached - Rear
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air, Dual, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Recreation Facilities
  • Association Fee: 84
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Playground, Pool, Tennis Court(s), Underground Utilities, Trail(s)
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.27
  • Lot Size: 90 X 120
  • Lot Size Units: Acres
  • Parcel #: 094051D A 03500 00006051D
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3120

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Jun 16, 2023
Sold by
Ogle Robert W and Joint Tammi
Bought by
Schmidt Michael and Schmidt Catherine
Seller's Agent
Laura Zeitlin, Crs, Abr Cpps C-
Crye-Leike, Inc., REALTORS
Buyer's Agent
Paul Williams
simpliHOM
List Price
$995,000
Sold Price
$1,030,000
Premium/Discount to List
$35,000
3.52%
Views
24
Current Estimated Value
$1,120,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,291
Avg. Annual Appreciation
0.37%
Original Mortgage
$726,200
Outstanding Balance
$710,475
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$328,039

Purchase Details

Closed on
Mar 17, 2023
Sold by
Ogle Robert W and Ogle Tammi T
Bought by
Robert W And Tammi T Ogle Joint Revocable Tru

Purchase Details

Closed on
Dec 28, 1998
Sold by
Stoffer Jack D and Stoffer Carol C
Bought by
Ogle Robert W and Ogle Tammi T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 17, 1998
Sold by
Glavin Frederick L and Glavin Martha G
Bought by
Stoffer Jack D and Stoffer Carol C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.14%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schmidt Michael $1,030,000 Realty Title & Escrow Services
Robert W And Tammi T Ogle Joint Revocable Tru -- --
Ogle Robert W $240,000 Heritage Title & Escrow Co I
Stoffer Jack D $232,000 Heritage Title & Escrow Co I
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Michael $726,200
Previous Owner Ogle Robert W $100,000
Previous Owner Ogle Robert W $140,000
Previous Owner Ogle Robert W $135,000
Previous Owner Ogle Robert W $155,000
Previous Owner Stoffer Jack D $132,000
Closed Ogle Robert W $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $1,030,000 +3.5% $322 / Sq Ft
05/14/2023 05/14/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $995,000 -- $311 / 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 $3,120 $165,950 $37,500 $128,450
2023 $3,120 $165,950 $37,500 $128,450
2022 $3,120 $165,950 $37,500 $128,450
2021 $3,120 $165,950 $37,500 $128,450
2020 $2,737 $123,300 $23,750 $99,550
2019 $2,737 $123,300 $23,750 $99,550
2018 $2,651 $123,300 $23,750 $99,550
2017 $2,651 $123,300 $23,750 $99,550
2016 $2,651 $123,300 $23,750 $99,550
2015 -- $102,600 $20,000 $82,600
2014 -- $102,600 $20,000 $82,600
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Realtracs

MLS Number: 2518214

Realtracs

APN: 051D-A-035.00