520 Derby Downs Lebanon, TN 37087
Estimated payment $5,763/month
Highlights
- 1.6 Acre Lot
- Deck
- Traditional Architecture
- Wolf Appliances
- Vaulted Ceiling
- Separate Formal Living Room
About This Home
STUNNING property!!! Well-thought out spaces and decorated with high-end features throughout. A mixing of lighting enhances each space, extensive hardwoods and crown trim. Front Entry foyer opens to the Formal Dining Room and Great Room, as well as adjacent Office The Great Room provides an open concept and offers high ceilings, and centrally positioned gas fireplace with stone surround. Living space extends to the spacious Sunroom/Florida Room, featuring an expanse of windows overlooking the tree lines and extension of the yard, 1.6 acres total. The Kitchen encompasses extensive work areas, and is enhanced by high end stainless appliances, including Wolf brand oven/range with gas cooktop, new dishwasher, convection oven, and warming drawer. Also included is a central island with pendant lighting, custom tile backsplash, granite countertops, and tucked away storage with pullout features. The adjacent Breakfast Room offers views from the accessible deck areas. Owner's Retreat presents a Bedroom with En Suite Owner's Bathroom, with walk-in closet with expanded built-ins, jetted tub with tile surround, separate shower with custom tile, and double vanities with granite tops. The Powder Room and Utility Room, each with their own added accents, are located along the passthrough to 2 additional Bedrooms with spacious closets and new carpeted flooring. An additional full Bathroom is easily accessible from each of these secondary bedrooms, and offers double vanities and a shower/tub combination. Hardwood treads lead to a separate Bonus Room with vaulted ceilings, built in surround sound speakers, and wet bar with built-in refrigerator. There is a dedicated 3rd full bathroom adjacent, with a combination shower/tub, which gives this area flexible uses, including being a possible 2nd Primary Bedroom/4th Bedroom! Walk up attic is directly accessible from this area, and allows space to store large amounts of items, or enough footage for possible future expansion!
Listing Agent
Crye-Leike, Inc., REALTORS Brokerage Phone: 6154192670 License # 300965 Listed on: 09/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,259
Year Built
- Built in 2005
Lot Details
- 1.6 Acre Lot
- Property is Fully Fenced
Parking
- 3 Car Attached Garage
- 6 Open Parking Spaces
- Driveway
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- 4,180 Sq Ft Home
- Property has 1 Level
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Pendant Lighting
- Gas Fireplace
- Great Room
- Separate Formal Living Room
- Interior Storage Closet
- Crawl Space
- Home Security System
Kitchen
- Convection Oven
- Dishwasher
- Wolf Appliances
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- In-Law or Guest Suite
Outdoor Features
- Deck
- Porch
Schools
- Castle Heights Elementary School
- Winfree Bryant Middle School
- Lebanon High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Iroquois 1 Subdivision
Listing and Financial Details
- Assessor Parcel Number 057P A 01000 000
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,012 | $181,850 | $28,750 | $153,100 |
| 2022 | $5,220 | $180,500 | $28,750 | $151,750 |
| 2021 | $5,220 | $180,500 | $28,750 | $151,750 |
| 2020 | $4,367 | $180,500 | $28,750 | $151,750 |
| 2019 | $996 | $116,175 | $22,950 | $93,225 |
| 2018 | $4,077 | $116,175 | $22,950 | $93,225 |
| 2017 | $4,077 | $116,175 | $22,950 | $93,225 |
| 2016 | $4,077 | $116,175 | $22,950 | $93,225 |
| 2015 | $4,892 | $134,850 | $22,950 | $111,900 |
| 2014 | $4,356 | $120,070 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | For Sale | $984,900 | +12.6% | $236 / Sq Ft |
| 11/15/2024 11/15/24 | Sold | $875,000 | -2.8% | $209 / Sq Ft |
| 11/08/2024 11/08/24 | Pending | -- | -- | -- |
| 10/11/2024 10/11/24 | For Sale | $899,900 | 0.0% | $215 / Sq Ft |
| 08/01/2024 08/01/24 | Pending | -- | -- | -- |
| 06/14/2024 06/14/24 | Price Changed | $899,900 | -1.1% | $215 / Sq Ft |
| 05/30/2024 05/30/24 | For Sale | $910,000 | +116.7% | $218 / Sq Ft |
| 11/19/2014 11/19/14 | Off Market | $420,000 | -- | -- |
| 06/30/2014 06/30/14 | For Sale | $87,900 | -79.1% | $21 / Sq Ft |
| 06/28/2012 06/28/12 | Sold | $420,000 | -- | $100 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $875,000 | None Listed On Document | |
| Warranty Deed | $875,000 | None Listed On Document | |
| Warranty Deed | $420,000 | -- | |
| Warranty Deed | $22,300 | -- | |
| Deed | $45,000 | -- | |
| Warranty Deed | $385,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $675,000 | New Conventional | |
| Closed | $675,000 | New Conventional | |
| Previous Owner | $329,000 | New Conventional | |
| Previous Owner | $373,800 | Commercial | |
| Previous Owner | $302,371 | No Value Available | |
| Previous Owner | $328,000 | No Value Available | |
| Previous Owner | $344,500 | No Value Available |
Source: Realtracs
MLS Number: 2988198
APN: 057P-A-010.00
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