NOT LISTED FOR SALE

515 Madeira St Franklin, TN 37064

West Franklin Neighborhood

Estimated Value: $626,000 - $688,000

2 Beds
2 Baths
2,045 Sq Ft
3,006 Sq Ft Lot

Last Sold December 27, 2016

Last sale price $348,900 $171 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,630/month

Highlights

  • Active Adult
  • 1 Fireplace
  • Walk-In Closet
  • Wood Flooring
  • Separate Formal Living Room
  • Cooling Available

About This Home

As of December 2016

Rare find. Over 55 community. Open with hdwds, 9' ceilings, stainless appliances, FP, Huge DR, Office with french doors. Downtown Franklin, one level brick home in small community. Shows Beautifully. Tile Baths, closets galore. Better Hurry.

Last Agent to Sell the Property

Kennette Sweeney

Parks Compass License #226962 Listed on: 11/05/2016

Parks Compass

Last Buyer's Agent

NONMLS NONMLS

License #2211

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,649

Year Built

  • Built in 2007

Lot Details

  • 3,006

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Garden Home
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 2,045 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Separate Formal Living Room
  • Interior Storage Closet
  • Home Security System

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Pearre Creek Elementary School
  • Hillsboro Elementary/ Middle School
  • Independence High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 094064M E 00300C04709064M

Community Details

Overview

  • Active Adult
  • Association fees include exterior maintenance, ground maintenance, insurance
  • Reid Hill Commons Sec 1 Subdivision

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,649

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Garden
  • Year Built: 2007
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Extra Closets, Walk-In Closet(s)
  • Appliances: Disposal, Microwave, Dishwasher
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 2045
  • Building Area Units: Square Feet
  • Living Area: 2045
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Private, Concrete
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Security System
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Maintenance Grounds, Insurance
  • Association Fee: 208
  • Association #2 Fee Frequency: One Time
  • Amenities: Fifty Five and Up Community
  • Common Interest: Condominium
  • Senior Community: Yes

Green Features

  • Efficiency: Storm Doors

Lot Info

  • Lot Size Units: Acres
  • Parcel #: 094064M E 00300C04709064M
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1649

MLS Schools

  • Elementary School: Pearre Creek Elementary School
  • High School: Independence High School
  • Middle Or Junior School: Hillsboro Elementary/ Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2021
Sold by
Porter Patsy L and Porter Chaston Lee
Bought by
Passon William J and Passon Terry J
Current Estimated Value
$650,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$76,844
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$573,753

Purchase Details

Closed on
Mar 3, 2020
Sold by
Porter Patsy L
Bought by
Porter Patsy L and Porter Chaston Lee

Purchase Details

Listed on
Nov 5, 2016
Closed on
Dec 20, 2016
Sold by
Olmstead Linda G
Bought by
Porter Patsy L
Seller's Agent
Kennette Sweeney
Parks Compass
Buyer's Agent
NONMLS NONMLS
List Price
$359,900
Sold Price
$348,900
Premium/Discount to List
-$11,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Nov 23, 2015
Sold by
Fox Freddie W and Fox Margaret E
Bought by
Olmstead Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2008
Sold by
Rochford Realty & Construction Co Inc
Bought by
Fox Freddie W and Fox Margaret E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,320
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Passon William J $489,000 Chapman & Rosenthal Ttl Inc
Porter Patsy L -- None Available
Porter Patsy L $348,900 Heritage Title & Escrow Co I
Olmstead Linda G $330,000 Midtown Title Llc
Fox Freddie W $311,944 Mid State Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Passon William J $100,000
Previous Owner Olmstead Linda G $130,000
Previous Owner Fox Freddie W $112,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2019 05/09/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $359,900 +3.2% $176 / Sq Ft
12/27/2016 12/27/16 Sold $348,900 -- $171 / 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 $2,160 $100,175 $21,250 $78,925
2023 $2,160 $100,175 $21,250 $78,925
2022 $2,160 $100,175 $21,250 $78,925
2021 $2,160 $100,175 $21,250 $78,925
2020 $1,919 $74,425 $17,500 $56,925
2019 $1,919 $74,425 $17,500 $56,925
2018 $1,866 $74,425 $17,500 $56,925
2017 $1,852 $74,425 $17,500 $56,925
2016 $1,829 $74,425 $17,500 $56,925
2015 -- $63,275 $15,000 $48,275
2014 -- $63,275 $15,000 $48,275
Source: Public Records

Agents Affiliated with this Home

  • Kennette Sweeney

    Seller's Agent in 2016

    Kennette Sweeney

    Parks Compass

    (615) 300-6909

    1 in this area

    61 Total Sales

    Kennette Sweeney
    Section Image

  • N

    Buyer's Agent in 2016

    NONMLS NONMLS

See All Agents

Map

Source: Realtracs

MLS Number: 1779128

Realtracs

APN: 064M-E-003.00-C-047

Tennessee Williamson County Franklin 37064 West Franklin

515 Madeira St, Franklin, TN

This home is located at 515 Madeira St, Franklin, TN 37064 since 05 November 2016 and is currently estimated at $650,597, approximately $318 per square foot. This property was built in 2007. 515 Madeira St is a home located in Williamson County with nearby schools including Pearre Creek Elementary School, New Hope Academy, and Franklin Christian Academy.

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