$1,275,000
$120K PRICE DROP

516 Hartsville Pike Lebanon, TN 37087

Estimated payment $7,210/month

Total Views 5,526
1.3 Acres
$980,769 Price per Acre
56,628 Sq Ft Lot

Highlights

  • 1.3 Acre Lot
  • Paved or Partially Paved Lot
  • No Heating
  • No HOA

About This Lot

BRING YOUR OFFER! Developers take a look! Zoned R2 High Density Residential. Great location and opportunity on this 1.3 acre tract of land in heart of Lebanon! The property is already zoned R2 and per the City of Lebanon allows up to 17 residential units. Single family, multi-family, townhomes, etc.. All city utilities including city sewer and natural gas are available at the road. Located 5 minutes from historic downtown Lebanon...full of restaurants, shops, boutiques & offices. Nice level tract, surrounded by newly developed properties, townhomes, single family and established homes. This property includes a home that is currently being rented.

Listing Agent

Tonya Denny

RE/MAX Exceptional Properties Brokerage Phone: 6158044394 License #271420 Listed on: 05/22/2025

RE/MAX Exceptional Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,856

Lot Details

  • 1.3 Acre Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Property is zoned R2

Schools

  • Coles Ferry Elementary School
  • Walter J. Baird Middle School
  • Lebanon High School

Community Details

  • No Home Owners Association
  • Huff Property Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058M J 01400 000

Property Details

Property Type

Land

Est. Annual Taxes

$1,856

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Inclusions: LDBLG
  • Attribution Contact: 6158044394
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Topography: CLRD,LEVEL
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R2
  • Current Use: Residential
  • Lot Features: Cleared, Level
  • Lot Size Acres: 1.3
  • Lot Size: 275 X 260 IRR
  • Lot Size Units: Acres
  • Parcel #: 058M J 01400 000

Tax Info

  • Tax Annual Amount: 1856

MLS Schools

  • Elementary School: Coles Ferry Elementary
  • High School: Lebanon High School
  • Middle Or Junior School: Walter J. Baird Middle School

Map

Range of Values:

Collateral Analytics

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ICE

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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

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 $1,416 $64,175 $31,500 $32,675
2022 $1,812 $62,675 $30,000 $32,675
2021 $1,812 $62,675 $30,000 $32,675
2020 $1,222 $62,675 $30,000 $32,675
2019 $279 $32,500 $11,100 $21,400
2018 $1,140 $32,500 $11,100 $21,400
2017 $1,140 $32,500 $11,100 $21,400
2016 $1,140 $32,500 $11,100 $21,400
2015 $1,179 $32,500 $11,100 $21,400
2014 $1,074 $29,595 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Price Changed $1,275,000 -8.6% $832 / Sq Ft
05/22/2025 05/22/25 For Sale $1,395,000 -- $911 / Sq Ft
Source: Realtracs

Purchase History

Date Type Sale Price Title Company
Warranty Deed $700,000 Legends Title
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- --
Deed $96,100 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $650,000 Construction
Source: Public Records

Source: Realtracs

MLS Number: 2890235

Realtracs

APN: 058M-J-014.00