NOT LISTED FOR SALE

605 S Margin St Unit 5 Franklin, TN 37064

Central Franklin Neighborhood

Estimated Value: $418,000 - $527,000

2 Beds
2 Baths
1,120 Sq Ft
871 Sq Ft Lot

Sale Details

Date Sold: January 28, 2025

Last sale price $445,000 $397 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,896 / mo

22 Days on Market

Highlights

  • Covered Patio or Porch
  • Tile Flooring
  • Ceiling Fan
  • Franklin Elementary School Rated A
  • Central Heating and Cooling System
  • Bookcases

About This Home

As of January 2025

Live in Historic Downtown Franklin for under $500k! Rarely do these condos become available. This end unit sits in the heart of Franklin with 2 bedrooms, 2 full baths, and ample closet space. Walk to Starbucks, Frothy Monkey, Pucketts, Meridees, and more. Enjoy all the highly desirable perks of Downtown Franklin without the price tag! The home is being sold as is.

Last Agent to Sell the Property

Matthew Ligon

Onward Real Estate Brokerage Phone: 6154786355 License #250034 Listed on: 12/11/2024

Onward Real Estate

Co-Listed By

Jessica Ligon

Onward Real Estate Brokerage Phone: 6154786355 License #359178

Last Buyer's Agent

Tj Anderson

Benchmark Realty, LLC License # 293905

Benchmark Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 1983

Lot Details

  • 871

HOA Fees

  • $198 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 1 Level
  • Bookcases
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Franklin Elementary School
  • Freedom Middle School
  • Franklin High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Historic Downtown Franklin | Park Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 094078F B 01900C00309078F

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,994

Year Built

Built in 1983

Lot Details

871 Sq Ft Lot

HOA Fees

$198 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Flat Condo
  • Year Built: 1983
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Bookcases, Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Oven, Electric Range
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 1120
  • Building Area Units: Square Feet
  • Living Area: 1120
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Parking Lot

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association Fee: 198
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Acres
  • Parcel #: 094078F B 01900C00309078F
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1994

MLS Schools

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

Closed on
Feb 9, 2026
Sold by
Bought by
Current Estimated Value
$464,962

Purchase Details

Closed on
Oct 29, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,200
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2025
Sold by
Bought by

Purchase Details

Listed on
Dec 11, 2024
Closed on
Jan 27, 2025
Sold by
Bought by
Seller's Agent
Matthew Ligon
Onward Real Estate
Buyer's Agent
Tj Anderson
Benchmark Realty, LLC
List Price
$449,900
Sold Price
$445,000
Premium/Discount to List
-$4,900
-1.09%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$356,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2013
Sold by
Bought by
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
-- Chapman & Rosenthal Title
-- Chapman & Rosenthal Title
$910 None Listed On Document
$445,000 Hale Title And Escrow
$185,000 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
Previous Owner $367,200
Previous Owner $356,000
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
01/28/2025 01/28/25 Sold $445,000 -1.1% $397 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/11/2024 12/11/24 For Sale $449,900 -- $402 / 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 $1,741 $106,050 $46,250 $59,800
2024 $1,741 $73,275 $21,250 $52,025
2023 $1,661 $73,275 $21,250 $52,025
2022 $1,661 $73,275 $21,250 $52,025
2021 $1,661 $73,275 $21,250 $52,025
2020 $1,515 $48,925 $13,750 $35,175
2019 $1,515 $48,925 $13,750 $35,175
2018 $1,515 $48,925 $13,750 $35,175
2017 $1,515 $48,925 $13,750 $35,175
2016 $0 $48,925 $13,750 $35,175
2015 -- $41,300 $11,250 $30,050
2014 -- $41,300 $11,250 $30,050
Source: Public Records

Agents Affiliated with this Home

  • Matthew Ligon

    Seller's Agent in 2025

    Matthew Ligon

    Onward Real Estate

    (615) 478-6355

    19 in this area

    66 Total Sales

    Matthew Ligon
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Jessica Ligon

    Onward Real Estate

    (615) 934-9288

    10 in this area

    36 Total Sales

    Jessica Ligon
    Section Image
  • Tj Anderson

    Buyer's Agent in 2025

    Tj Anderson

    Benchmark Realty, LLC

    (615) 364-1530

    1 in this area

    90 Total Sales

    Tj Anderson
    Section Image
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Map

Source: Realtracs

MLS Number: RTC2768182

Realtracs

APN: 078F-B-019.00-C-003

Tennessee Williamson County Franklin 37064 Central Franklin

605 S Margin St Unit 5, 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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