NOT LISTED FOR SALE

7740 Pewitt Rd Franklin, TN 37064

Estimated Value: $761,000

160 Acres
$4,756 Price per Acre
6,969,600 Sq Ft Lot

Sale Details

Date Sold: February 13, 2023

Last sale price $5,500,000 $4,365 Per Sq Ft

Current estimated payment $4,871 / mo

113 Days on Market

Highlights

  • Water Views
  • Home fronts a creek
  • No HOA
  • Fairview Elementary School Rated A-
  • 160 Acre Lot
  • No Heating

About This Lot

As of February 2023

Franklin, Tennessee 160 recently surveyed acres with fourteen stake gridded prelim perk sites. Twelve are 4-5 bedroom and Two 5-7 bedroom sites. Multiple build site options in the open pastures and in the mature hardwoods. Gentle rolling hills offer incredible views of sunrise and sunset. Almost equal split of open manicured fields that have been maintained by z-turn mowers and balance in mature timber. Two year-round streams meander through the property with multiple tranquil cascades. Large tract neighbors surround the property on all sides. Opportunity for sprawling estate or an up to, 5 single family home, compound. Convenient to Leipers Fork Village and the amenities of Franklin and Fairview. Provides an opportunity for a conservation easement.

Last Agent to Sell the Property

William Sullivan

Covey Rise Properties LLC License #344830 Listed on: 10/07/2022

Last Buyer's Agent

Erin Krueger

Compass Tennessee, LLC License #309197

Compass Tennessee, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $852

Lot Details

  • 160 Acre Lot
  • Home fronts a creek
  • Property fronts a private road
  • Property is zoned RP-5

Property Views

  • Water
  • Valley

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 094095 00200 00001095

Property Details

Property Type

Land

Est. Annual Taxes

$852

Lot Details

160 Acres

Listing Details

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

Exterior Features

  • Pool Private: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Topography: LEVEL,ROLLI
  • View: Valley, Water
  • View: Yes
  • Waterfront Features: Creek
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RP-5
  • Current Use: Residential
  • Lot Size Acres: 160
  • Lot Size Units: Acres
  • Parcel #: 094095 00200 00001095
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 852

MLS Schools

  • Elementary School: Fairview Elementary
  • 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

Closed on
Jun 17, 2024
Sold by
Bought by
Current Estimated Value
$761,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000,000
Outstanding Balance
$11,771,501
Interest Rate
6.5%
Mortgage Type
Construction

Purchase Details

Listed on
Oct 7, 2022
Closed on
Feb 13, 2023
Sold by
Bought by
Seller's Agent
William Sullivan
Covey Rise Properties LLC
Buyer's Agent
Erin Krueger
Compass Tennessee, LLC
List Price
$6,999,000
Sold Price
$5,500,000
Premium/Discount to List
-$1,499,000
-21.42%
Views
110

Purchase Details

Closed on
Aug 17, 2022
Sold by
Bought by

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 6, 2022
Sold by
Bought by
Seller's Agent
David Hudgins
Southern Way Real Estate
Buyer's Agent
Susan Hudgins
Southern Way Real Estate
List Price
$4,200,000
Sold Price
$3,350,000
Premium/Discount to List
-$850,000
-20.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,182,500
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2020
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 2018
Sold by
Bought by

Purchase Details

Closed on
Jan 16, 2018
Sold by
Bought by

Purchase Details

Closed on
May 24, 2007
Sold by
Bought by
Source: Public Records
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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
-- Lehman Title & Escrow
$5,500,000 Heritage Title & Escrow Compan
-- Welch Jackson M
$3,350,000 Heritage Title
$175,000 None Available
-- None Available
-- None Available
$9,000 American Title Co
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
Open $12,000,000
Previous Owner $3,182,500
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
02/13/2023 02/13/23 Sold $5,500,000 -15.4% $4,365 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/14/2023 01/14/23 Price Changed $6,499,000 -7.1% $5,158 / Sq Ft
10/07/2022 10/07/22 For Sale $6,999,000 +108.9% $5,555 / Sq Ft
05/12/2022 05/12/22 Sold $3,350,000 -20.2% $2,659 / Sq Ft View Prior Sale
03/19/2022 03/19/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $4,200,000 -- $3,333 / 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 -- $53,600 $53,600 --
2024 -- $43,225 $43,225 --
2023 $813 $43,225 $43,225 $0
2022 $853 $45,350 $45,350 $0
2021 $853 $45,350 $45,350 $0
2020 $775 $34,900 $34,900 $0
2019 $775 $34,900 $34,900 $0
2018 $750 $34,900 $34,900 $0
2017 $750 $34,900 $34,900 $0
2016 $750 $34,900 $34,900 $0
2015 -- $26,850 $26,850 $0
2014 -- $33,150 $33,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2447048

Realtracs

APN: 095-002.00-000

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