NOT LISTED FOR SALE

511 Franklin Rd Gallatin, TN 37066

Estimated Value: $570,000 - $815,000

3 Beds
3.5 Baths
2,077 Sq Ft
$324/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2024

Last sale price $535,000 $258 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,819 / mo

219 Days on Market

Highlights

  • 7.2 Acre Lot
  • No HOA
  • 2 Car Attached Garage
  • Wooded Lot
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of January 2024

REDUCED! Address was recently changed from 501C Franklin Rd to 511 Franklin Rd. Use 501C for GPS. Down the gravel driveway first house on the left. Large partially finished basement. Two hot water heaters. Basement can be a separate living area. Covered front porch. Private covered back Deck. Plenty of Space for Horses to Roam. Large peaceful acreage.

Last Agent to Sell the Property

Genevieve Kephart

Long Hollow Realty Brokerage Phone: 6158876708 License #225274 Listed on: 05/26/2023

Co-Listed By

Kristian Kephart

Long Hollow Realty Brokerage Phone: 6158876708 License # 332579

Last Buyer's Agent

Genevieve Kephart

Long Hollow Realty Brokerage Phone: 6158876708 License #225274 Listed on: 05/26/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 2014

Lot Details

  • 7.2 Acre Lot
  • Back Yard Fenced
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,077 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet

Schools

  • Liberty Creek Elementary School
  • Liberty Creek Middle School
  • Liberty Creek High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sumner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 093 01508 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,675

Year Built

Built in 2014

Lot Details

7.2 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2014
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Microwave
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Laminate
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 2077
  • Building Area Units: Square Feet
  • Living Area: 2077
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Vinyl Siding
  • Fencing: Back Yard
  • Patio And Porch Features: Covered Porch
  • 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
  • Total Parking Spaces: 2

Utilities

  • Sewer: None
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Wooded
  • Lot Size Acres: 7.2
  • Lot Size Units: Acres
  • Parcel #: 093 01508 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2675

MLS Schools

  • Elementary School: Liberty Creek Elementary
  • High School: Liberty Creek High School
  • Middle Or Junior School: Liberty Creek Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Jan 31, 2024
Sold by
Davenport Bobby and Davenport Mary
Bought by
Hershman Michael Anthony and Hershman Linda Joy
Seller's Agent
Genevieve Kephart
Long Hollow Realty
Buyer's Agent
Genevieve Kephart
Long Hollow Realty
List Price
$799,900
Sold Price
$535,000
Premium/Discount to List
-$264,900
-33.12%
Views
324
Current Estimated Value
$671,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,975
Avg. Annual Appreciation
11.19%
Original Mortgage
$517,144
Outstanding Balance
$505,956
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$166,019
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Hershman Michael Anthony $535,000 Freedom Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hershman Michael Anthony $517,144
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $535,000 -6.1% $258 / Sq Ft
12/31/2023 12/31/23 Pending -- -- --
11/04/2023 11/04/23 Price Changed $570,000 -12.3% $274 / Sq Ft
06/22/2023 06/22/23 Price Changed $650,000 -7.1% $313 / Sq Ft
06/09/2023 06/09/23 Price Changed $699,900 -12.5% $337 / Sq Ft
05/26/2023 05/26/23 For Sale $799,900 -- $385 / Sq Ft
Source: Realtracs

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
2025 $2,395 $168,575 $63,300 $105,275
2024 $2,395 $168,575 $63,300 $105,275
2023 $2,663 $118,250 $51,550 $66,700
2022 $2,675 $118,250 $51,550 $66,700
2021 $2,675 $118,250 $51,550 $66,700
2020 $2,675 $118,250 $51,550 $66,700
2019 $2,675 $0 $0 $0
2018 $1,938 $0 $0 $0
2017 $1,938 $0 $0 $0
2016 $1,938 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Genevieve Kephart

    Long Hollow Realty

    (615) 887-6708

    1 in this area

    5 Total Sales

    Genevieve Kephart
    Section Image
  • Kristian Kephart

    Seller Co-Listing Agent in 2024

    Kristian Kephart

    Long Hollow Realty

    (615) 715-2801

    1 in this area

    5 Total Sales

    Kristian Kephart
    Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2530313

Realtracs

APN: 093-015.08

Tennessee Sumner County Gallatin 37066

511 Franklin Rd, Gallatin, TN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.