NOT LISTED FOR SALE

518 Black Tea Way Franklin, TN 37064

Triune Area Neighborhood

Estimated Value: $504,970 - $577,000

3 Beds
2.5 Baths
1,736 Sq Ft
$302/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2023

Last sale price $500,786 $288 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,175 / mo

7 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • 1 Car Attached Garage
  • Trinity Elementary School Rated A
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of July 2023

Beautiful END-UNIT townhome nestled in Simmons Ridge! Open floor plan with solid surface flooring throughout the main level and new paint throughout. The bright kitchen features granite countertops, tile backsplash, a large island and stainless steel appliances (range, microwave & dishwasher). Easy access to I-65, Cool Springs shopping/dining and Downtown Nashville. Don't miss the newly opened community pool!

Last Agent to Sell the Property

Steve Metarelis

Offerpad Brokerage License #348458 Listed on: 06/19/2023

Last Buyer's Agent

Amir Dharani

Adaro Realty License #321115

Adaro Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,783

Year Built

  • Built in 2020

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 38.6 x 109

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,736 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

Schools

  • Trinity Elementary School
  • Fred J Page Middle School
  • Fred J Page High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 094089M G 01500 00014089M

Community Details

Overview

  • Simmons Ridge Subdivision

Recreation

  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,783

Year Built

Built in 2020

Lot Details

3,485 Sq Ft Lot

HOA Fees

$198 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Year Built: 2020
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Microwave
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 1736
  • Building Area Units: Square Feet
  • Living Area: 1736
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Fiber Cement, Vinyl Siding
  • Patio And Porch Features: Covered Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Attached - Front, Concrete, Driveway
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association Fee: 198
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Playground, Pool
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Acres: 0.08
  • Lot Size: 38.6 X 109
  • Lot Size Units: Acres
  • Parcel #: 094089M G 01500 00014089M
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1783

MLS Schools

  • Elementary School: Trinity Elementary
  • High School: Fred J Page High School
  • Middle Or Junior School: Fred J Page Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Jul 11, 2023
Sold by
Bought by
Seller's Agent
Steve Metarelis
Offerpad Brokerage
Buyer's Agent
Amir Dharani
Adaro Realty
List Price
$519,900
Sold Price
$500,786
Premium/Discount to List
-$19,114
-3.68%
Views
234
Current Estimated Value
$524,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,457
Avg. Annual Appreciation
1.61%
Original Mortgage
$425,786
Outstanding Balance
$413,754
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$110,489

Purchase Details

Closed on
Apr 11, 2023
Sold by
Bought by

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jul 8, 2020
Sold by
Bought by
Seller's Agent
Chris Horrell
Fairfax Realty LLC
Buyer's Agent
Mark Lonsway
RE/MAX Choice Properties
List Price
$329,500
Sold Price
$329,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.20%
Original Mortgage
$296,730
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$500,786 Foundation Title
$490,000 Foundation Title & Escrow
$239,700 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $425,786
Previous Owner $296,730
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2023 07/20/23 Sold $500,786 -3.7% $288 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/19/2023 06/19/23 For Sale $519,900 +57.8% $299 / Sq Ft
07/09/2020 07/09/20 Sold $329,500 0.0% $195 / Sq Ft View Prior Sale
06/10/2020 06/10/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $329,500 -- $195 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,783 $127,900 $30,000 $97,900
2024 $1,783 $82,700 $17,500 $65,200
2023 $1,783 $82,700 $17,500 $65,200
2022 $1,783 $82,700 $17,500 $65,200
2021 $1,783 $82,700 $17,500 $65,200
2020 $1,124 $43,625 $15,000 $28,625
2019 $387 $15,000 $15,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Amir Dharani

    Buyer's Agent in 2023

    Amir Dharani

    Adaro Realty

    (615) 260-7628

    2 in this area

    4 Total Sales

    Amir Dharani
    Section Image
  • Chris Horrell

    Seller's Agent in 2020

    Chris Horrell

    Fairfax Realty LLC

    (615) 308-9409

    3 in this area

    9 Total Sales

    Chris Horrell
    Section Image
  • Mark Lonsway

    Buyer's Agent in 2020

    Mark Lonsway

    RE/MAX

    (615) 207-7799

    1 in this area

    91 Total Sales

    Mark Lonsway
    Section Image
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Map

Source: Realtracs

MLS Number: 2538375

Realtracs

APN: 094089M G 01500

Tennessee Williamson County Franklin 37064 Triune Area

518 Black Tea Way, Franklin, TN

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 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.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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