NOT LISTED FOR SALE

513 Lake Valley Ct Franklin, TN 37069

Estimated Value: $1,622,000 - $1,801,000

4 Beds
3.5 Baths
4,057 Sq Ft
$421/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $1,645,000 $405 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,653/month

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Tennis Courts
  • Walnut Grove Elementary School Rated A
  • Community Pool
  • 3 Car Attached Garage

About This Home

As of May 2024

Welcome to this stunning 4,000 sq ft home in the prestigious Legends Ridge. Featuring a private 1 acre lot! Boasting an open floor plan, main floor master, office and 3 additional bedrooms and bonus/rec room upstairs. This property offers both luxury and comfort.The heart of the home is the oversized kitchen, perfect for culinary enthusiasts, seamlessly open to the living and dining areas for effortless entertaining. Outside, enjoy a beautifully landscaped yard and a spacious patio, ideal for outdoor gatherings. Legends Ridge residents enjoy access to exclusive amenities like a clubhouse, pool, and tennis courts, surrounded by scenic walking trails. Don't miss the opportunity to see this home!

Last Agent to Sell the Property

Kathy Meade

LHI Homes International Brokerage Phone: 3039024611 License #360656 Listed on: 04/02/2024

Last Buyer's Agent

Johnathan Ferreira

Southern Sky Realty, LLC License #368104

Southern Sky Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,883

Year Built

  • Built in 1997

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 141 x 248
  • Level Lot

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 4,057 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 094037J E 00400 00008037J

Community Details

Overview

  • $580 One-Time Secondary Association Fee
  • Association fees include ground maintenance, recreation facilities
  • Legends Ridge Sec 3 Subdivision

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,883

Year Built

Built in 1997

Lot Details

0

HOA Fees

$235 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1997
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: APROX
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Attribution Contact: 3039024611
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: High Speed Internet
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • 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: 4057
  • Building Area Units: Square Feet
  • Living Area: 4057
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Attached - Rear, Aggregate
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Security System
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Recreation Facilities
  • Association Fee: 235
  • Association #2 Fee: 580
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Amenities: Park, Pool, Tennis Court(s), Trail(s)
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Cul-De-Sac, Level
  • Lot Size Acres: 1.01
  • Lot Size: 141 X 248
  • Lot Size Units: Acres
  • Parcel #: 094037J E 00400 00008037J
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3883

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
Apr 2, 2024
Closed on
May 6, 2024
Sold by
Bove Edward C and Bove Mirian Catherine
Bought by
Kerber Peter Borch and Ferreira Kerber Natalie
Seller's Agent
Kathy Meade
LHI Homes International
Buyer's Agent
Johnathan Ferreira
Southern Sky Realty, LLC
List Price
$1,675,000
Sold Price
$1,645,000
Premium/Discount to List
-$30,000
-1.79%
Views
28
Current Estimated Value
$1,706,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,919
Avg. Annual Appreciation
1.30%

Purchase Details

Listed on
Feb 6, 2019
Closed on
May 30, 2019
Sold by
Dong Wu and Zhang Lin
Bought by
Bove Edward C
Seller's Agent
Raquel Smith
Inspired Homes Realty
Buyer's Agent
Emily Peckham
Keller Williams Realty Nashville/Franklin
List Price
$839,000
Sold Price
$810,000
Premium/Discount to List
-$29,000
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%
Original Mortgage
$631,800
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2014
Closed on
Jan 16, 2015
Sold by
Duncan Phillip and Duncan Linda
Bought by
Dong Wu
Seller's Agent
Andy Beasley
Brentview Realty Company
Buyer's Agent
Raquel Smith
Inspired Homes Realty
List Price
$250,000
Sold Price
$655,000
Premium/Discount to List
$405,000
162%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
May 2, 2005
Sold by
White Castle System Inc
Bought by
Duncan Phillip C and Duncan Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2004
Sold by
Smith Wallace E and Smith Paulette M
Bought by
White Castle System Inc

Purchase Details

Closed on
Apr 28, 1997
Sold by
Legends Ridge Llc
Bought by
Wallace Smith and Wallace Paulette
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
Kerber Peter Borch $1,645,000 Hollingshead Title & Escrow
Bove Edward C $810,000 Foundation T&E Series Llc
Dong Wu $655,000 Southland Title & Escrow Co
Duncan Phillip C $555,000 Realty Title & Escrow Co Inc
White Castle System Inc $545,000 First American Title Ins Co
Wallace Smith $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerber Peter Borch $250,000
Previous Owner Bove Edward C $608,000
Previous Owner Bove Edward C $631,800
Previous Owner Duncan Phillip $450,000
Previous Owner Duncan Phillip C $359,650
Previous Owner Smith Wallace E $158,000
Previous Owner Smith Wallace E $300,100
Previous Owner Smith Wallace E $30,000
Closed Duncan Phillip C $139,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $1,645,000 -1.8% $405 / Sq Ft
04/03/2024 04/03/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $1,675,000 +106.8% $413 / Sq Ft
06/20/2019 06/20/19 Sold $810,000 -3.5% $207 / Sq Ft
04/14/2019 04/14/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $839,000 +235.6% $214 / Sq Ft
03/23/2017 03/23/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $250,000 -61.8% $63 / Sq Ft
01/16/2015 01/16/15 Sold $655,000 -- $165 / 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 $3,883 $206,550 $75,000 $131,550
2023 $3,883 $206,550 $75,000 $131,550
2022 $3,883 $206,550 $75,000 $131,550
2021 $3,883 $206,550 $75,000 $131,550
2020 $3,480 $156,750 $37,500 $119,250
2019 $3,480 $156,750 $37,500 $119,250
2018 $3,370 $156,750 $37,500 $119,250
2017 $3,370 $156,750 $37,500 $119,250
2016 $0 $156,750 $37,500 $119,250
2015 -- $157,950 $43,750 $114,200
2014 -- $157,950 $43,750 $114,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2635767

Realtracs

APN: 037J-E-004.00