$2,600,000
SOLD DEC 30, 2021

5517 Iron Gate Dr Franklin, TN 37069

5 Beds
6 Baths
9,422 Sq Ft
0.42 Acres

Recently Sold

$276 Per Sq Ft

47 Days on Market

About This Home

As of October 2023

Newly available in gated Laurelbrooke, French perfection! Gourmet kitchen w/Wolf, SubZero, opens to hearth room & BK area, Butler P. w/wine cooler, single tap draft tower. Primary BR (main) w/fireplace, Ent.cab. sitting room overlooking pool & back yard, Primary BR on 2nd floor w/sitting area overlooking pool & back yard, secondary kitchen for RecRM up and additional kitchen for lower level near Exercise RM (optional BR 5), Media RM, & Wine RM. Porte-cochere attaches to office (opt. garage 3).

Last Agent to Sell the Property

Nancy Torrans

Fridrich & Clark Realty License # 262639 Listed on: 11/11/2021

Fridrich & Clark Realty

Last Buyer's Agent

Lisa Owings

Fridrich & Clark Realty License # 314580

Fridrich & Clark Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,769

Year Built

2005

Lot Details

0

HOA Fees

$318 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Above Grade Finished Sq Ft: 6747
  • Carport Y N: No
  • Directions: HILLSBORO RD SOUTH, RIGHT SNEED ROAD, RIGHT INTO LAURELBROOKE, LEFT WATERSTONE BLVD., RIGHT VAUGHN CREST, LEFT TALON WAY, RIGHT IRON GATE.
  • Garage Yn: Yes
  • Lot Size: 135 X 183
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • Subdivision Name: Laurelbrooke Sec 11F
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 3
  • Year Built: 2005

Interior Features

  • Has Basement: Finished
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 2675
  • Fireplace: No
  • Flooring: Carpet, Finished Wood, Marble, Tile
  • Main Level Bedrooms: 1

Exterior Features

  • Construction Type: Brick, Wood Siding
  • Patio And Porch Features: Covered Deck, Covered Patio, Patio, Screened Deck
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Attached
  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 954
  • Association Fee Frequency: Quarterly
  • Senior Community: No

Schools

  • Elementary School: Grassland Elementary
  • High School: Franklin High School
  • Middle Or Junior School: Grassland Middle School

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 13187

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Oct 25, 2023
Sold by
Loyd Alex and Loyd Hope-Tracey
Bought by
Farley Brian P and Farley Wendy W
Seller's Agent
Molly Edmondson
Fridrich & Clark Realty
Buyer's Agent
Nancy Torrans
Fridrich & Clark Realty
List Price
$3,349,000
Sold Price
$3,353,000
Premium/Discount to List
$4,000
0.12%
Views
87
Current Estimated Value
$3,243,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,668
Avg. Annual Appreciation
0.19%
Original Mortgage
$1,000,000
Outstanding Balance
$981,722
Interest Rate
5.8%
Mortgage Type
Construction
Estimated Equity
$2,382,723

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 30, 2021
Sold by
Servin Carlos A and Ortuno Claudia Alvarez
Bought by
Loyd Alex and Loyd Hope Tracey
Seller's Agent
Nancy Torrans
Fridrich & Clark Realty
Buyer's Agent
Lisa Owings
Fridrich & Clark Realty
Sold Price
$2,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%

Purchase Details

Closed on
Jul 10, 2015
Sold by
Hunter James T and Hunter Mary D
Bought by
Servin Carlos A and Ortuno Claudia Alvarez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,919,200
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 19, 2004
Sold by
Hancock Construction Llc
Bought by
Hunter James T and Hunter Mary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,353,000 None Listed On Document
Warranty Deed $2,600,000 None Available
Warranty Deed $2,399,000 Bankers Title & Escrow Corp
Warranty Deed $191,624 Southland Title & Escrow Co
Warranty Deed $184,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 Construction
Previous Owner $300,000 Credit Line Revolving
Previous Owner $145,700 Unknown
Previous Owner $1,919,200 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Fannie Mae Freddie Mac
Previous Owner $1,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $3,353,000 +0.1% $368 / Sq Ft
08/22/2023 08/22/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $3,349,000 +28.8% $367 / Sq Ft
12/30/2021 12/30/21 Sold $2,600,000 0.0% $276 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
12/07/2021 12/07/21 For Sale -- -- --
11/29/2021 11/29/21 Pending -- -- --
11/13/2021 11/13/21 For Sale -- -- --
11/11/2021 11/11/21 Off Market $2,600,000 -- --
11/11/2021 11/11/21 For Sale $3,480,000 0.0% $369 / Sq Ft
11/30/2020 11/30/20 Rented $155,000 -4.8% --
10/27/2020 10/27/20 Under Contract -- -- --
10/21/2020 10/21/20 Price Changed $162,900 -4.1% $17 / Sq Ft
10/15/2020 10/15/20 Price Changed $169,900 -2.9% $18 / Sq Ft
10/13/2020 10/13/20 Price Changed $174,900 -2.8% $19 / Sq Ft
10/05/2020 10/05/20 Price Changed $179,900 -5.3% $19 / Sq Ft
09/30/2020 09/30/20 For Rent $189,900 +1898.9% --
10/31/2019 10/31/19 Rented -- -- --
10/31/2019 10/31/19 Rented $9,500 0.0% --
10/23/2019 10/23/19 Under Contract -- -- --
10/23/2019 10/23/19 Under Contract -- -- --
10/05/2019 10/05/19 For Rent $9,500 0.0% --
10/05/2019 10/05/19 For Rent -- -- --
09/21/2019 09/21/19 Off Market $9,500 -- --
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 $12,769 $679,225 $84,375 $594,850
2023 $0 $679,225 $84,375 $594,850
2022 $12,769 $679,225 $84,375 $594,850
2021 $12,769 $679,225 $84,375 $594,850
2020 $13,187 $594,025 $56,250 $537,775
2019 $13,187 $594,025 $56,250 $537,775
2018 $12,772 $594,025 $56,250 $537,775
2017 $12,772 $594,025 $56,250 $537,775
2016 $0 $594,025 $56,250 $537,775
2015 -- $387,725 $43,750 $343,975
2014 -- $387,725 $43,750 $343,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2308018

Realtracs

APN: 013A-C-017.00