NOT LISTED FOR SALE

916 Cherry Grove Rd Franklin, TN 37069

Estimated Value: $1,409,366 - $1,876,000

5 Beds
5 Baths
5,465 Sq Ft
$307/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $1,300,000 $238 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $9,119/month

30 Days on Market

Highlights

  • Sound Studio
  • Deck
  • Wood Flooring
  • Grassland Elementary School Rated A
  • Contemporary Architecture
  • 1 Fireplace

About This Home

As of January 2023

California contemporary meets Franklin treehouse with incredible music studio! Nestled on nearly two private acres and located on a quiet cul -de -sac, this abode features over 5000 sq ft of living space. The great room features a vaulted pecky cypress ceiling, a two story stone fireplace, hardwood floors and is accented by a wall of sliding windows overlooking the immense back deck. A full, finished basement w/ its own kitchen, two bedrooms, and a recreation space is the perfect place to entertain guests. The music studio is fully equipped with all wall and ceiling-mounted acoustic treatment. Large live room, w/ two vocal booths and two-amp isolation closets. Studio can be converted back into garage w/ ease.

Last Agent to Sell the Property

Angela Wright

Compass RE License #289228 Listed on: 12/03/2022

Compass RE

Last Buyer's Agent

Stephanie Eatherly

Parks Compass License #341194

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,680

Year Built

  • Built in 1980

Lot Details

  • 1.8 Acre Lot
  • Lot Dimensions are 249 x 296
  • Lot Has A Rolling Slope

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Combination Dining and Living Room
  • Sound Studio
  • Apartment Living Space in Basement

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Outdoor Features

  • Deck
  • Screened Patio

Schools

  • Grassland Elementary School
  • Grassland Middle School
  • Franklin High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Longwood Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 094014A A 01800 00006014A

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,680

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1980
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Interior Amenities: Recording Studio
  • Appliances: Dishwasher, Ice Maker, Microwave, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 5
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Has Basement: Apartment
  • Above Grade Finished Sq Ft: 3805
  • Below Grade Sq Ft: 1660
  • Building Area Units: Square Feet
  • Living Area: 5465
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Deck, Screened Patio
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Tankless Water Heater

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Acres: 1.8
  • Lot Size: 249 X 296
  • Lot Size Units: Acres
  • Parcel #: 094014A A 01800 00006014A
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3680

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2022
Closed on
Jan 31, 2023
Sold by
Crowell Carrie and Crowell Daniel
Bought by
Coffman Matthew Daniel
Seller's Agent
Angela Wright
Compass RE
Buyer's Agent
Stephanie Eatherly
Parks Compass
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%
Views
97
Current Estimated Value
$1,675,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,342
Avg. Annual Appreciation
9.24%
Original Mortgage
$890,000
Outstanding Balance
$858,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$817,342

Purchase Details

Listed on
Sep 11, 2017
Closed on
Nov 28, 2017
Sold by
Mahaffey Matthew D
Bought by
Crowell Carrie and Knobler Matthew
Seller's Agent
L. Randall Veatch
Reliant Realty ERA Powered
Buyer's Agent
Angela Wright
Compass RE
List Price
$449,520
Sold Price
$732,000
Premium/Discount to List
$282,480
62.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%

Purchase Details

Closed on
Apr 18, 2017
Sold by
Mahaffey Rebecca D
Bought by
Mahaffey Matthew D

Purchase Details

Closed on
Aug 31, 2010
Sold by
Obrien Patrick J and Long Colleen G
Bought by
Mahaffey Rebecca C and Mahaffey Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2008
Sold by
Griffin Martha R
Bought by
Obrien Patrick J and Long Colleen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,600
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2000
Sold by
Smith Jane Ann
Bought by
Griffin James A and Griffin Martha R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
9.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Coffman Matthew Daniel $1,300,000 --
Crowell Carrie $732,000 Rudy Title & Escrow Llc
Mahaffey Matthew D -- Chapman & Rosenthal Title In
Mahaffey Rebecca C $499,000 Chapman & Rosenthal Title In
Obrien Patrick J $512,000 Sidwell Title
Griffin James A $364,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coffman Matthew Daniel $890,000
Previous Owner Mahaffey Rebecca C $399,200
Previous Owner Obrien Patrick J $409,600
Previous Owner Griffin James A $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2023 01/31/23 Sold $1,300,000 -13.3% $238 / Sq Ft
01/03/2023 01/03/23 Pending -- -- --
01/01/2023 01/01/23 For Sale $1,500,000 +15.4% $274 / Sq Ft
01/01/2023 01/01/23 Off Market $1,300,000 -- --
12/03/2022 12/03/22 For Sale $1,500,000 +217.7% $274 / Sq Ft
05/20/2020 05/20/20 Price Changed $472,122 +5.0% $90 / Sq Ft
03/15/2020 03/15/20 Pending -- -- --
03/15/2020 03/15/20 For Sale $449,520 -38.6% $86 / Sq Ft
11/28/2017 11/28/17 Sold $732,000 -- $140 / Sq Ft View Prior Sale
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

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 $3,680 $323,100 $133,375 $189,725
2024 $3,680 $195,750 $61,200 $134,550
2023 $3,680 $195,750 $61,200 $134,550
2022 $3,680 $195,750 $61,200 $134,550
2021 $3,680 $195,750 $61,200 $134,550
2020 $3,943 $177,600 $47,250 $130,350
2019 $3,943 $177,600 $47,250 $130,350
2018 $3,818 $177,600 $47,250 $130,350
2017 $3,818 $177,600 $47,250 $130,350
2016 $0 $177,600 $47,250 $130,350
2015 -- $139,475 $33,300 $106,175
2014 -- $139,475 $33,300 $106,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2463358

Realtracs

APN: 014A-A-018.00