$699,000
SOLD AUG 22, 2026

7120 Wallace Rd Fairview, TN 37062

Fairview Area
3 Beds
2 Baths
1,806 Sq Ft
1.59 Acre Lot

Sale Details

Date Sold: August 22, 2026

$387 Per Sq Ft

4% Below List Price

35 Days on Market

Highlights

  • Sub-Zero Refrigerator
  • 1.59 Acre Lot
  • Wood Flooring
  • Westwood Elementary School Rated A
  • Open Floorplan
  • No HOA

About This Home

As of August 2026

This charming 1958 stone cottage has been thoughtfully transformed into a stunning modern farmhouse, blending timeless character with elevated, high-end finishes. From the moment you step inside, the details stand out—shiplap accents, a farmhouse sink, Sub-Zero refrigerator, and Smeg gas oven create a warm yet sophisticated space designed for both everyday living and entertaining.

Situated on a private 1.59-acre lot with mature trees and 246’ of road frontage, this property presents a rare combination of space, privacy, and natural beauty. Enjoy quiet mornings or evenings on the covered porch overlooking the expansive backyard, complete with seasonal lake views in the winter. The property also includes a prepared drainage pad suitable for a future barn or additional outbuilding, with flexibility for a range of uses.

Currently operating as an Airbnb, the property provides flexibility for use as an investment property or a private single-family residence. Opportunities like this are increasingly limited.

Located in Fairview, a rapidly developing area with significant new construction and infrastructure underway, and just minutes from Franklin and Bellevue.

A unique property combining character, privacy, and versatility.

Last Agent to Sell the Property

Steven Koleno

Beycome Brokerage Realty, LLC Brokerage Phone: 8046565007 License #383485 Listed on: 04/28/2026

Last Buyer's Agent

Tara Copps

The Ashton Real Estate Group of RE/MAX Advantage License # 336251

The Ashton Real Estate Group of RE/MAX Advantage
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1958

Lot Details

  • 1.59 Acre Lot

Home Design

  • Stone Siding
  • Hardboard

Interior Spaces

  • 1,806 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Crawl Space
  • Dryer

Kitchen

  • Gas Oven
  • Gas Range
  • Sub-Zero Refrigerator
  • Dishwasher
  • Farmhouse Sink
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Smart Locks
  • Smart Thermostat

Schools

  • Westwood Elementary School
  • Fairview Middle School
  • Fairview High School

Utilities

  • Air Filtration System
  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 094023 04000 00001023

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,502

Year Built

Built in 1958

Lot Details

1.59 Acres

Listing Details

  • Prop. Type: Residential
  • Standard Status: Closed
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Year Built: 1958
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Renovated
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Air Filter, Ceiling Fan(s), Open Floorplan, Smart Thermostat, Walk-In Closet(s), Master Downstairs
  • Appliances: Gas Oven, Gas Range, Dishwasher, Disposal, Dryer
  • Flooring: Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1806.0
  • Building Area Units: Square Feet
  • Living Area: 1806.0
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Smart Lock(s)
  • Construction Type: Hardboard Siding, Stone
  • Foundation Details: Block
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Acres: 1.590
  • Lot Size Units: Acres
  • Parcel #: 094023 04000 00001023
  • Property Attached Yn: No

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1502

MLS Schools

  • Elementary School: Westwood Elementary School
  • High School: Fairview High School
  • Middle Or Junior School: Fairview 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

Listed on
Apr 28, 2026
Closed on
Aug 21, 2026
Sold by
Brian Atkins
Bought by
Seller's Agent
Steven Koleno
Beycome Brokerage Realty, LLC
Buyer's Agent
Tara Copps
The Ashton Real Estate Group of RE/MAX Advantage
List Price
$725,000
Sold Price
$699,000
Premium/Discount to List
-$26,000
-3.59%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-29.54%
Original Mortgage
$524,000
Outstanding Balance
$524,000
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$150,945

Purchase Details

Closed on
Aug 24, 2021
Sold by
Atkins Brian and Robinson Layne
Bought by
Atkins Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,300
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2020
Closed on
Jul 28, 2020
Sold by
Tidwell Randall Cleveland and Tidwell Beth Anne
Bought by
Atkins Brian and Robinson Layne
Seller's Agent
Holly Black
Keller Williams Realty Nashville/Franklin
Buyer's Agent
Ashley Dugger
Benchmark Realty, LLC
List Price
$375,000
Sold Price
$450,000
Premium/Discount to List
$75,000
20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$436,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2017
Sold by
Kennedy Brenda K and Kennedy Linda G
Bought by
Tidwell Randall Cleveland and Tidwell Beth Anne

Purchase Details

Closed on
Dec 7, 2016
Sold by
Kenndy Clavin Horton
Bought by
Kennedy Brenda K and Kennedy Linda G
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Fairview, TN

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- 2020 Title Llc
Warranty Deed $450,000 Bridgehouse Title
Warranty Deed $150,000 None Available
Administrators Deed -- 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 Loan Amount Loan Type
Open $438,300 New Conventional
Closed $436,500 New Conventional
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 Prior Sale
08/22/2026 08/22/26 Sold $699,000 0.0% $387 / Sq Ft
06/02/2026 06/02/26 Pending -- -- --
05/28/2026 05/28/26 Price Changed $699,000 -3.6% $387 / Sq Ft
04/28/2026 04/28/26 For Sale $725,000 +61.1% $401 / Sq Ft
07/28/2020 07/28/20 Sold $450,000 +20.0% $249 / Sq Ft View Prior Sale
07/03/2020 07/03/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $375,000 -- $208 / 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 $2,831 $149,750 $39,900 $109,850
2024 $2,969 $107,700 $19,950 $87,750
2023 $2,969 $107,700 $19,950 $87,750
2022 $2,969 $107,700 $19,950 $87,750
2021 $2,025 $107,700 $19,950 $87,750
2020 $1,127 $50,750 $8,775 $41,975
2019 $1,127 $50,750 $8,775 $41,975
2018 $601 $27,950 $8,775 $19,175
2017 $595 $27,950 $8,775 $19,175
2016 $0 $27,950 $8,775 $19,175
2015 -- $28,075 $9,000 $19,075
2014 -- $28,075 $9,000 $19,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 3184001

Realtracs

APN: 023-040.00

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