NOT LISTED FOR SALE

508 Franklin Ave Lexington, TN 38351

Estimated Value: $107,000 - $138,000

3 Beds
2 Baths
1,215 Sq Ft
$105/Sq Ft Est. Value

Last Sold March 17, 2022

Last sale price $72,000 $59 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $750/month

About This Home

As of March 2022

Convenient to everything. 3/2 Split plan, covered front porch, open deck.

Last Agent to Sell the Property

Andrea Crawford

RE/MAX Unlimited License #321005 Listed on: 01/22/2022

Last Buyer's Agent

Andrea Crawford

RE/MAX Unlimited License #321005 Listed on: 01/22/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $653

Year Built

  • Built in 2010

Lot Details

  • 0.27

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,215 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 0.27 Acre Lot
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$653

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Age: 12
  • Class: RESIDENTIAL
  • Group: C
  • Type: Single Family
  • Year Built: 2010
  • New Construction: No
  • Resort: No
  • Subtype: None
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Number Of Stories: 1
  • Price Per Sq Ft: 59.26
  • Estimated Heated Sq Ft: 1215
  • Estimated Unheated Sq Ft: 405
  • In Law Quarters: No
  • Kitchen Level: M
  • Kitchen Size: 9x11
  • Master Bedroom Level: Main
  • Master Bedroom Level2: M
  • Master Bedroom Size: 12x12
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Construction: Vinyl Siding
  • Waterfront: No
  • Water View: No
  • On Golf Course: No

Utilities

  • Air Units: 1
  • Water Heater Units: 1

Association/Amenities

  • Gated Community: No

Lot Info

  • Geo Update Timestamp: 3/17/2022 9:03:51 PM
  • Geo Address Line: 508 Franklin Ave
  • Geo Primary City: Lexington
  • Geo Quality: 0.95
  • Geo Subdivision: TN
  • Geo Zoom Level: 16
  • Lot Size: 53x118
  • Map Number: 091B C 010.00
  • Number Of Acres: 0.27
  • Parcel Number: 010.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Mar 15, 2022
Sold by
Lion Gate Sfr Llc
Bought by
Vega Alfredo
Seller's Agent
Andrea Crawford
RE/MAX Unlimited
Buyer's Agent
Andrea Crawford
RE/MAX Unlimited
List Price
$72,000
Sold Price
$72,000
Current Estimated Value
$127,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,949
Avg. Annual Appreciation
18.63%
Original Mortgage
$112,800
Outstanding Balance
$44,341
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$85,922

Purchase Details

Closed on
Dec 20, 2021
Sold by
Us Department Of Agriculture
Bought by
Lions Gate Sfr Llc

Purchase Details

Closed on
Feb 21, 2019
Sold by
Clifford Sarah A
Bought by
Rural Housing Svc and Us Department Of Agriculture
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
Vega Alfredo $72,000 Windsor John O
Lions Gate Sfr Llc $54,251 New Title Company Name
Rural Housing Svc $54,251 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega Alfredo P $112,800
Previous Owner Clifford Sarah A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2022 03/17/22 Sold $72,000 0.0% $59 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $72,000 -- $59 / Sq Ft
Source: Central West Tennessee Association of REALTORS®

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 $653 $26,125 $2,500 $23,625
2023 $653 $26,125 $2,500 $23,625
2022 $696 $20,550 $1,375 $19,175
2021 $696 $20,550 $1,375 $19,175
2020 $696 $20,550 $1,375 $19,175
2019 $696 $20,550 $1,375 $19,175
2018 $717 $20,550 $1,375 $19,175
2017 $717 $20,550 $1,375 $19,175
2016 $802 $22,250 $1,375 $20,875
2015 $802 $22,250 $1,375 $20,875
2014 $802 $22,253 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 221100

Central West Tennessee Association of REALTORS®

APN: 091B-C-010.00