NOT LISTED FOR SALE

5520 Iron Gate Dr Franklin, TN 37069

Estimated Value: $3,242,000 - $3,632,000

5 Beds
8 Baths
7,593 Sq Ft
$462/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $1,955,000 $257 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $20,039/month

Highlights

  • In Ground Pool
  • Clubhouse
  • 2 Fireplaces
  • Grassland Elementary School Rated A
  • Marble Flooring
  • Separate Formal Living Room

About This Home

As of October 2017

Spanish Mediterranean - Fabulous Architecture - Grand Foyer - Winding Staircase - 17 ' Great Room Ceiling - Large Windows Spacious Balconies w view - Neighborhood Award Winning Yard - Walkout Pool w waterfall and In-Water Bar Stools

Last Agent to Sell the Property

Wallace Cartwright

Keller Williams Realty License #216256 Listed on: 05/14/2017

Keller Williams Realty

Last Buyer's Agent

Brenda Hines

The Stables Realty Group License #333730

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,367

Year Built

  • Built in 2014

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 115 x 179
  • Back Yard Fenced

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Combination Foundation

Interior Spaces

  • Property has 3 Levels
  • Elevator
  • Wet Bar
  • Central Vacuum
  • 2 Fireplaces
  • ENERGY STAR Qualified Windows
  • Great Room
  • Separate Formal Living Room
  • Interior Storage Closet

Kitchen

  • Microwave
  • Ice Maker
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Low Flow Plumbing Fixtures

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered patio or porch

Schools

  • Grassland Elementary School
  • Grassland Middle School
  • Franklin High School

Utilities

  • Cooling Available
  • Central Heating
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 094013A C 00800 00007013A

Community Details

Overview

  • Laurelbrooke Sec 11F Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,367

Year Built

Built in 2014

Lot Details

0

HOA Fees

$96 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Year Built: 2014
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Central Vacuum, Elevator, Extra Closets, Hot Tub, Storage, Wet Bar
  • Accessibility Features: Visitable
  • Appliances: Disposal, Ice Maker, Microwave
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Finished Wood, Marble
  • Total Bedrooms: 5
  • Main Level Bedrooms: 2
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Has Basement: Combination
  • Above Grade Finished Sq Ft: 7091
  • Below Grade Sq Ft: 502
  • Building Area Units: Square Feet
  • Living Area: 7593
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Brick, Fiber Cement
  • Fencing: Back Yard
  • Patio And Porch Features: Covered Patio, Patio, Covered Porch
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Total Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Association Fee: 288
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Quarterly
  • Amenities: Clubhouse, Gated, Playground, Pool, Tennis Court(s)
  • Senior Community: No
  • ResoAssociationFeeFrequency: Quarterly

Green Features

  • Efficiency: Tankless Water Heater, Low Flow Plumbing Fixtures, Windows

Lot Info

  • Lot Size Acres: 0.53
  • Lot Size: 115 X 179
  • Lot Size Units: Acres
  • Parcel #: 094013A C 00800 00007013A
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 10367

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2020
Sold by
Towe Marshall and Cox Lisa C
Bought by
Towe Marshall and Cox Lisa C
Current Estimated Value
$3,460,317

Purchase Details

Listed on
May 14, 2017
Closed on
Oct 30, 2017
Sold by
Castelano Jose Orozoco and Orozco Alina R
Bought by
Towe Marshall and Cox Lisa C
Seller's Agent
Wallace Cartwright
Keller Williams Realty
Buyer's Agent
Brenda Hines
The Stables Realty Group
List Price
$259,900
Sold Price
$1,955,000
Premium/Discount to List
$1,695,100
652.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Jan 9, 2013
Sold by
Langfitt & Associates Inc
Bought by
Caster Jose Orozco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.43%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 29, 2005
Sold by
Vaughn Road Partners
Bought by
Langfitt & Associates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,320
Interest Rate
6.06%
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
Towe Marshall -- None Available
Towe Marshall $1,955,000 None Available
Caster Jose Orozco $220,000 Mid State Ttle & Escrow Inc
Langfitt & Associates Inc $249,320 Southland
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orozco Jose A $1,300,425
Previous Owner Orozco Jose A $1,304,800
Previous Owner Castellano Jose Orozco $140,000
Previous Owner Orozco-Castellano Jose $850,000
Previous Owner Langfitt & Associates Inc $249,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2019 12/09/19 Pending -- -- --
12/06/2019 12/06/19 For Sale $259,900 0.0% $34 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
12/02/2019 12/02/19 Price Changed $259,900 -1.9% $34 / Sq Ft
11/12/2019 11/12/19 Price Changed $264,900 0.0% $35 / Sq Ft
11/12/2019 11/12/19 For Sale $264,900 -3.6% $35 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $274,900 -85.9% $36 / Sq Ft
10/30/2017 10/30/17 Sold $1,955,000 -- $257 / 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 $9,987 $531,250 $84,375 $446,875
2023 $9,987 $531,250 $84,375 $446,875
2022 $9,987 $531,250 $84,375 $446,875
2021 $9,987 $531,250 $84,375 $446,875
2020 $10,705 $482,200 $56,250 $425,950
2019 $10,705 $482,200 $56,250 $425,950
2018 $10,367 $482,200 $56,250 $425,950
2017 $10,367 $482,200 $56,250 $425,950
2016 $10,367 $482,200 $56,250 $425,950
2015 -- $365,375 $43,750 $321,625
2014 -- $179,600 $43,750 $135,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1827233

Realtracs

APN: 013A-C-008.00