NOT LISTED FOR SALE

705 Castle Dr Franklin, TN 37067

McEwen Neighborhood

Estimated Value: $542,000 - $677,000

4 Beds
4 Baths
2,250 Sq Ft
$276/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $630,000 $280 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,598/month

About This Home

As of February 2022

Franklin Multi Family Duplex for Sale. A: side is a 3 bedroom, 2 bath unit and rents for $1800 per month. B: side is a 2 bedroom 2 bath-1 car garage unit and rents for $1550 per month. Both units updated in recent years. A side tenant lease expires 12-31-2021. B side tenant lease expires 4-30-22. Property Taxes 2020 2800+-, Property insurance $850+-, annual maintenance $1500+-. $35,000+- NOI

Last Agent to Sell the Property

Tom Lochbihler

Loch Company License # 225497 Listed on: 01/11/2022

Last Buyer's Agent

Von Richcreek

Hearthstone Realty License #321649

Property Details

Home Type

Multi-Family

Year Built

1981

Lot Details

0.35 Acres

Parking

1

Listing Details

  • Property Type: Residential Income
  • PropertyUnitTypes: {"UnitTypeActualRent":1800,"UnitTypeType":"Unit 1","UnitTypeBathsTotal":2,"UnitTypeBedsTotal":3,"UnitTypeKey":"RTC2676055Group_1"}, {"UnitTypeActualRent":1550,"UnitTypeType":"Unit 2","UnitTypeBathsTotal":2,"UnitTypeBedsTotal":2,"UnitTypeKey":"RTC2676055Group_2"}
  • Above Grade Finished Sq Ft: 2250
  • Carport Y N: No
  • Directions: Murfreesboro Road to Jordan Road next to Franklin Fire Department to Castle Drive.
  • Garage Yn: Yes
  • Inclusions: APPLN
  • Lot Size: 95 X 150
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: Heritage Place
  • Year Built Details: RENOV
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1981

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Tile

Exterior Features

  • Roof: Shingle
  • Construction Type: Brick
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Attached - Front
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Individual
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Freedom Middle School

Lot Info

  • Zoning: r3

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Annual Gross Income: 40200
  • Property Net Operating Income: 35050
  • Number Of Units Total: 2
  • Annual Operating Expense: 5150
  • Total Actual Rent: 3350

Tax Info

  • Tax Annual Amount: 2788

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Feb 25, 2022
Sold by
Poora Properties Llc
Bought by
Balce Family Trust and Balce
Seller's Agent
Tom Lochbihler
Loch Company
Buyer's Agent
Von Richcreek
Hearthstone Realty
List Price
$630,000
Sold Price
$630,000
Current Estimated Value
$621,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,331
Avg. Annual Appreciation
-0.33%
Original Mortgage
$409,500
Outstanding Balance
$378,069
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$243,600

Purchase Details

Closed on
Nov 14, 2018
Sold by
Bery Poonam and Bery Pooja
Bought by
Poora Properties Llc

Purchase Details

Closed on
Mar 30, 2018
Sold by
Berry John K and Berry Janie K
Bought by
Bery Poonam and Bery Pooja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2014
Sold by
Lopez Juan R and Lopez Jessica E
Bought by
Berry John K and Berry Janie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2006
Sold by
Rocha Juan and Rocha Maria
Bought by
Lopez Juan R and Lopez Jessica E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 2004
Sold by
Vaughn James A and Vaughn Evelyn S
Bought by
Rocha Juan and Rocha Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2002
Sold by
Harris Jimmy C
Bought by
Harris Paula Mccord

Purchase Details

Closed on
Aug 12, 2002
Sold by
Bierwagen Pamela J
Bought by
Harris Jimmy C and Harris Paula Mccord
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

Date Buyer Sale Price Title Company
Balce Family Trust -- Esquire Title Services
Balce Family Trust -- Esquire Title Services
Poora Properties Llc -- Esquire Title & Escrow Inc
Bery Poonam $330,000 None Available
Berry John K $225,000 None Available
Lopez Juan R $167,500 Bluegrass Title Company
Rocha Juan $157,000 Heritage Title & Escrow Co I
Harris Paula Mccord -- --
Harris Jimmy C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balce Family Trust $409,500
Closed Balce Family Trust $409,500
Previous Owner Bery Poonam $255,000
Previous Owner Berry John K $168,750
Previous Owner Lopez Juan R $134,000
Previous Owner Rocha Juan $125,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $630,000 0.0% $280 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $630,000 -- $280 / Sq Ft
Source: Realtracs

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
2025 $4,353 $229,080 $88,000 $141,080
2024 $4,353 $153,760 $56,000 $97,760
2023 $4,184 $153,760 $56,000 $97,760
2022 $4,184 $153,760 $56,000 $97,760
2021 $4,184 $153,760 $56,000 $97,760
2020 $2,788 $86,400 $26,000 $60,400
2019 $2,788 $86,400 $26,000 $60,400
2018 $2,727 $86,400 $26,000 $60,400
2017 $2,684 $86,400 $26,000 $60,400
2016 $2,675 $86,400 $26,000 $60,400
2015 -- $40,525 $12,500 $28,025
2014 -- $40,525 $12,500 $28,025
Source: Public Records

Agents Affiliated with this Home

  • Tom Lochbihler

    Seller's Agent in 2022

    Tom Lochbihler

    Loch Company

    (615) 696-7033

    5 in this area

    35 Total Sales

    Tom Lochbihler
    Section Image
  • Von Richcreek

    Buyer's Agent in 2022

    Von Richcreek

    Hearthstone Realty

    (615) 278-4380

    1 in this area

    20 Total Sales

    Von Richcreek
    Section Image
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Map

Source: Realtracs

MLS Number: 2344995

Realtracs

APN: 079H-D-007.00

Tennessee Williamson County Franklin 37067 McEwen

705 Castle Dr, Franklin, TN

Not Listed for Sale

MultiFamily

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Realtracs Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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