NOT LISTED FOR SALE

7622 Pewitt Rd Franklin, TN 37064

Estimated Value: $1,047,000 - $1,437,955

61 Acres
$19,497 Price per Acre
2,657,160 Sq Ft Lot

Sale Details

Date Sold: February 24, 2021

Last sale price $675,000 $536 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,308 / mo

156 Days on Market

Highlights

  • 61 Acre Lot
  • Lot Has A Rolling Slope
  • No Heating
  • Fairview Elementary School Rated A-

About This Lot

As of February 2021

61 Acres with creek in Leipers Fork/Fernvale Area minutes from 840 and Old 96 with MANY options. 60% open pasture/ 40% wooded. Cabin was built in 1900 and could be a great Short Term Rental. In Greenbelt. Multiple possible building sites (surveying and perking to be done at Buyers expense). Development possibility (R5 zoning). Make sure you watch drone video at https://www.youtube.com/watch?v=PCIB-q8rkCI

Last Agent to Sell the Property

Alexander Brandau

Aperture Global License #279052 Listed on: 03/05/2020

Aperture Global

Last Buyer's Agent

Erin Krueger

Compass Tennessee, LLC License #309197

Compass Tennessee, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $697

Lot Details

  • 61 Acre Lot
  • Property fronts a county road
  • Lot Has A Rolling Slope
  • Property is zoned Agric

Schools

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

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 094073 05000 00001073

Property Details

Property Type

Land

Est. Annual Taxes

$697

Lot Details

61 Acres

Listing Details

  • Prop. Type: Land
  • Inclusions: LDBLG
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Topography: ROLLI
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: No

Lot Info

  • Zoning: Agric
  • Lot Size Acres: 61
  • Lot Size Units: Acres
  • Parcel #: 094073 05000 00001073
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 697

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
Feb 23, 2021
Sold by
Ray Pewitt Samuel and Ray Jeremiah Pewitt
Bought by
Edg Consortium Llc
Seller's Agent
Alexander Brandau
Aperture Global
Buyer's Agent
Erin Krueger
Compass Tennessee, LLC
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Current Estimated Value
$1,189,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,318
Avg. Annual Appreciation
11.65%
Original Mortgage
$585,000
Outstanding Balance
$516,005
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$673,313
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
Edg Consortium Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edg Consortium Llc $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2021 02/24/21 Sold $675,000 -6.9% $536 / Sq Ft
08/08/2020 08/08/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $725,000 -- $575 / 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 $556 $45,950 $39,025 $6,925
2024 $556 $29,550 $23,775 $5,775
2023 $556 $29,550 $23,775 $5,775
2022 $556 $29,550 $23,775 $5,775
2021 $684 $36,375 $27,550 $8,825
2020 $670 $30,175 $19,875 $10,300
2019 $670 $30,175 $19,875 $10,300
2018 $649 $30,175 $19,875 $10,300
2017 $649 $30,175 $19,875 $10,300
2016 $587 $30,175 $19,875 $10,300
2015 -- $25,925 $15,225 $10,700
2014 -- $25,925 $15,225 $10,700
Source: Public Records

Agents Affiliated with this Home

  • Alexander Brandau

    Seller's Agent in 2021

    Alexander Brandau

    Aperture Global

    (615) 601-2024

    122 Total Sales

    Alexander Brandau
    Section Image
  • Erin Krueger

    Buyer's Agent in 2021

    Erin Krueger

    Compass Tennessee, LLC

    (615) 509-7166

    6 in this area

    677 Total Sales

    Erin Krueger
    Section Image
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Map

Source: Realtracs

MLS Number: 2128894

Realtracs

APN: 073-050.00

Tennessee Williamson County Franklin 37064

7622 Pewitt Rd, 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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