NOT LISTED FOR SALE

509 Derby Downs Lebanon, TN 37087

Estimated Value: $783,000 - $808,000

4 Beds
3.5 Baths
3,616 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $670,000 $185 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,511/month

52 Days on Market

Highlights

  • Deck
  • No HOA
  • Wet Bar
  • Wood Flooring
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of October 2023

Welcome to your dream home on a desirable cul-de-sac in Wilson County! Bring the boat, trailer, RV, you name it - we've got NO HOA restricting your hobbies here. Get ready to thrive in this home's 4 full bedrooms, an additional office space, and massive rec room with its very own wet bar! Featuring a renovated kitchen, Quartz counters, new landscaping, exterior and interior paint. This home will fit it all and then some with the extra large garage, ample storage space, as well as the expansive & accessible attic. On almost a half an acre this home backs up to a gorgeous tree line allowing for privacy on almost all sides of the property. This is one you truly have to see to believe! Office downstairs currently being used as an additional bedroom.

Last Agent to Sell the Property

Corinne Lincoln

Real Broker License #360513 Listed on: 08/04/2023

Real Broker

Co-Listed By

Jennifer Goslin

Real Broker License #360470

Last Buyer's Agent

Jason Richerson

Century 21 Prestige Hendersonville License #330481

Century 21 Prestige Hendersonville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,221

Year Built

  • Built in 2017

Lot Details

  • 0.45 Acre Lot
  • Partially Fenced Property

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 3,616 Sq Ft Home
  • Property has 2 Levels
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Storage
  • Crawl Space
  • Smart Locks

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Castle Heights Elementary School
  • Winfree Bryant Middle School
  • Lebanon High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Iroquois 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 057P A 00501 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,221

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2017
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Storage, Utility Connection, Walk-In Closet(s), Wet Bar
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 3616
  • Building Area Units: Square Feet
  • Living Area: 3616
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Garage Door Opener, Smart Lock(s)
  • Construction Type: Brick
  • Fencing: Partial
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Asphalt
  • 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, Driveway
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.45
  • Lot Size: 41.45 X 221.11 IRR
  • Lot Size Units: Acres
  • Parcel #: 057P A 00501 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 5221

MLS Schools

  • Elementary School: Castle Heights Elementary
  • High School: Lebanon High School
  • Middle Or Junior School: Winfree Bryant Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Oct 27, 2023
Sold by
Sanchez Belinda and Sanchez Nicholas
Bought by
Johnson Christopher Dawayne and Johnson Christal
Seller's Agent
Corinne Lincoln
Real Broker
Buyer's Agent
Jason Richerson
Century 21 Prestige Hendersonville
List Price
$715,000
Sold Price
$670,000
Premium/Discount to List
-$45,000
-6.29%
Views
155
Current Estimated Value
$798,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,483
Avg. Annual Appreciation
9.12%
Original Mortgage
$636,500
Outstanding Balance
$626,401
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$172,082

Purchase Details

Listed on
Jul 1, 2022
Closed on
Aug 30, 2022
Sold by
Marvin Garett D and Marvin Britani L
Bought by
Sanchez Belinda and Sanchez Nicholas
Seller's Agent
Mark Edwards
Benchmark Realty, LLC
Buyer's Agent
Jennifer Goslin
Real Broker
List Price
$770,000
Sold Price
$700,000
Premium/Discount to List
-$70,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.71%
Original Mortgage
$647,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 28, 2021
Closed on
Jul 30, 2021
Sold by
Clemons Cardell Lebron and Clemons Shavaughn Nicole
Bought by
Marvin Garett D and Marvin Britani L
Seller's Agent
Bernie Gallerani
Bernie Gallerani Real Estate
Buyer's Agent
Mark Edwards
Benchmark Realty, LLC
List Price
$574,900
Sold Price
$574,000
Premium/Discount to List
-$900
-0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.97%
Original Mortgage
$494,505
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 14, 2017
Closed on
Apr 9, 2018
Sold by
Kd Builders Llc
Bought by
Clemons Cardell Lebron and Clemons Shavaughn Nicole
Seller's Agent
Joseph Mulloy
The Ashton Real Estate Group of RE/MAX Advantage
Buyer's Agent
Lisa Strnad
eXp Realty
List Price
$1,025
Sold Price
$429,900
Premium/Discount to List
$428,875
41841.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Original Mortgage
$415,552
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2013
Sold by
Brown Bell Llc
Bought by
Hines Tom and Hines Vicki
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
Johnson Christopher Dawayne $670,000 None Listed On Document
Sanchez Belinda $700,000 --
Marvin Garett D $574,000 Lakeside Title & Escrow
Clemons Cardell Lebron $429,900 Horizon Land Title Inc
Hines Tom $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Christopher Dawayne $636,500
Previous Owner Sanchez Belinda $647,000
Previous Owner Marvin Garett D $494,505
Previous Owner Clemons Cardell Lebron $415,552
Previous Owner Mulloy Ii Joseph B $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2023 10/27/23 Sold $670,000 -4.3% $185 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/07/2023 09/07/23 Price Changed $699,900 -2.1% $194 / Sq Ft
08/04/2023 08/04/23 For Sale $715,000 +2.1% $198 / Sq Ft
08/31/2022 08/31/22 Sold $700,000 -4.1% $194 / Sq Ft View Prior Sale
07/16/2022 07/16/22 Pending -- -- --
07/15/2022 07/15/22 Price Changed $730,000 -2.7% $202 / Sq Ft
07/08/2022 07/08/22 Price Changed $750,000 -2.6% $207 / Sq Ft
07/01/2022 07/01/22 For Sale $770,000 +34.1% $213 / Sq Ft
07/30/2021 07/30/21 Sold $574,000 -0.2% $166 / Sq Ft View Prior Sale
07/01/2021 07/01/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $574,900 +33.7% $166 / Sq Ft
06/26/2020 06/26/20 Off Market $429,900 -- --
06/19/2020 06/19/20 For Sale $1,025 -99.8% $0 / Sq Ft
04/09/2018 04/09/18 Sold $429,900 -- $124 / Sq Ft View Prior Sale
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 $3,984 $180,550 $23,750 $156,800
2022 $5,222 $180,550 $23,750 $156,800
2021 $5,182 $180,550 $23,750 $156,800
2020 $4,931 $179,200 $23,750 $155,450
2019 $3,304 $131,150 $20,050 $111,100
2018 $3,304 $131,150 $20,050 $111,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2555563

Realtracs

APN: 095057P A 00501