$749,000
SOLD AUG 20, 2025

511 Derby Downs Lebanon, TN 37087

4 Beds
4.5 Baths
3,730 Sq Ft
0.55 Acres

Recently Sold

$201 Per Sq Ft

28 Days on Market

Highlights

  • 0.55 Acre Lot
  • Traditional Architecture
  • Walk-In Closet
  • Deck
  • No HOA
  • Cooling Available

About This Home

As of August 2025

Live in harmony with nature! This stunning 4-bedroom, 4.5-bath residence, impeccably maintained and loved by its owners is located in the desirable Iroquois custom home subdivision. Enjoy walks or bike rides right out your door with miles of private streets lined with mature trees, This elegant residence offers privacy, seclusion, exceptional craftsmanship, and modern luxury, but is just minutes from Publix, Kroger, Costco, restaurants or Starbucks. With easy access to Hwy 109 and I-40, commutes to the airport or downtown Nashville are effortless. Getting out of town for the weekend is also easy with near access to the I-840 southern loop leading to I-24, I-65 and I-40. Enjoy coffee or favorite afternoon beverage while watching a parade of deer, fox, bunnies and birds from inside gathering areas, or outside on the deck. This all-brick home with stone accents offers timeless curb appeal and exceptional craftsmanship throughout. A new roof was installed in 2024, and new HVAC and stainless kitchen appliances in 2018! New washer and dryer in 2025. Step inside to discover rich, finished oak hardwood floors that flow seamlessly across the entire main level, and flooded with morning light through floor length eastern exposure windows, Gourmet kitchen, inviting living areas, and generously sized bedrooms—Jack and Jill bath for added comfort and convenience. The 440 sq ft bonus room has the space to host a generous home theater, family game room or even golf simulator with an adjoining full bath and closet. The first floor with walk out private deck expands the living space, and is perfect for office suites, a home gym, media room, or guest/family suit. The oversized driveway leads to a spacious 3-car garage, offering parking and storage for all your family’s vehicles. An extended 40’ slab has a 50 amp plug in for staging your RV or hosting your friends and family visiting with one. From top to bottom, this home radiates quality and care—ready for its next owners!

Last Agent to Sell the Property

Jessica Sullivan

simpliHOM Brokerage Phone: 6154282770 License #332192 Listed on: 06/23/2025

Last Buyer's Agent

Ginger Alexander

Synergy Realty Network, LLC License #308570

Synergy Realty Network, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 2006

Parking

  • 3 Car Garage
  • 1 Open Parking Space

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Interior Storage Closet
  • Finished Basement
  • Partial Basement

Kitchen

  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Smart Locks
  • Smart Thermostat

Schools

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

Utilities

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

Additional Features

  • Deck
  • 0.55 Acre Lot

Community Details

  • No Home Owners Association
  • Iroquois 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 057P A 00300 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,828

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2006
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: Existing
  • Attribution Contact: 6154282770
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Entrance Foyer, Extra Closets, High Ceilings, Open Floorplan, Smart Thermostat, Walk-In Closet(s)
  • Appliances: Electric Oven, Gas Range, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Smart Appliance(s)
  • Fireplace Features: Gas, Great Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile, Vinyl
  • Total Bedrooms: 4
  • Main Level Bedrooms: 1
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Has Basement: Partial, Finished
  • Above Grade Finished Sq Ft: 3172
  • Below Grade Sq Ft: 558
  • Building Area Units: Square Feet
  • Living Area: 3730
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Balcony, Smart Lock(s)
  • Construction Type: Brick, Stone
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Asphalt
  • Topography: Cul-De-Sac,Private
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking Spaces: 1
  • Parking Features: Garage Door Opener, Garage Faces Side, Aggregate
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Cul-De-Sac, Private
  • Lot Size Acres: 0.55
  • Lot Size: 67.13 X 221.11 IRR
  • Lot Size Units: Acres
  • Parcel #: 057P A 00300 000
  • Property Attached Yn: No

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4828

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
Jun 23, 2025
Closed on
Aug 20, 2025
Sold by
Warren Charles B and Warren Margie A
Bought by
Samantha Rae Forney Living Trust and Forney
Seller's Agent
Jessica Sullivan
simpliHOM
Buyer's Agent
Ginger Alexander
Synergy Realty Network, LLC
List Price
$749,990
Sold Price
$749,000
Premium/Discount to List
-$990
-0.13%
Views
334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%
Original Mortgage
$599,920
Outstanding Balance
$599,920
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$149,508

Purchase Details

Closed on
Aug 19, 2004
Bought by
Brown-Bell 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 Type Sale Price Title Company
Warranty Deed $749,900 None Listed On Document
Warranty Deed $749,900 None Listed On Document
Warranty Deed $385,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $599,920 New Conventional
Closed $599,920 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $50,000 Commercial
Previous Owner $282,400 Commercial
Previous Owner $296,200 No Value Available
Previous Owner $295,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 Sold $749,000 -0.1% $201 / Sq Ft
07/21/2025 07/21/25 Pending -- -- --
06/23/2025 06/23/25 For Sale $749,990 -- $201 / 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 $3,683 $166,975 $23,750 $143,225
2022 $4,828 $166,975 $23,750 $143,225
2021 $4,828 $166,975 $23,750 $143,225
2020 $4,280 $166,975 $23,750 $143,225
2019 $976 $113,875 $20,050 $93,825
2018 $3,996 $113,875 $20,050 $93,825
2017 $3,996 $113,875 $20,050 $93,825
2016 $3,996 $113,875 $20,050 $93,825
2015 $4,131 $113,875 $20,050 $93,825
2014 $3,700 $101,988 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2921956

Realtracs

APN: 057P-A-003.00