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16 Prescott Place

16 Prescott Place, Franklin, TN 37069
Property in Williamson
Sold Jul 15, 2021
$342,100
$324,995 by Fairway Independent Mortgage C
Mortgage Due Aug 01, 2051
Sold Jan 04, 1999
$127,250
$65,000 by W G Kelley
Mortgage Due Jul 01, 2019
16 Prescott Place in Franklin, TN was first built in 1998 and is 26 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 16 Prescott Place has 1,219 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,335 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 264 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16 Prescott Place sold most recently in Jul 9, 2021 for a total of $342,100. If you work out the math, that's approximately a cost of $230.68 per sqft. Before that, the property was also sold for $127,250 in Dec 29, 1998. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,595 in taxes each year. 16 Prescott Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $73,975. If we break it down further, the land itself was valued at $20,000. Improvements to the property, however, were assessed at a total of $53,975. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: D
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,335
  • Total Building Area: 1,483
  • Gross Building Area: 1,483
  • Building Area: 1,219
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,219
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PRESCOTT PLACE
  • Land Acres: 0.03
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD PRESCOTT PLACE LOT 0016 SUBD FIELDSTONE FARMS SEC I PB 24 PG 36

Ownership

  • Current Owner : BURGOS AXEL
  • Current Owner 2: BURGOS SHAWN
  • Previous Owner : BAILEY GARY D
  • Owner Before Previous Owner: FOX RIDGE HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Williamson County School District
  • Census Tract: 050701

Geography

  • Assessors Map Reference: 052H
  • District: 263
  • Parcel: 052H-L-002.00-C-023
  • Lot: 0016
  • Municipality: FRANKLIN
  • Latitude: 35.9627
  • Longitude: -86.8886

    Address

  • Full Address: 16 Prescott Pl
  • Address - House Number: 16
  • Address - Street Name: Prescott
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Franklin
  • Carrier Code: R046
  • 4-Digit Zip Code: 8438
  • Zip Code: 37069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,595

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 461,708
  • High Value: 566,795
  • Low Value: 356,621

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,995
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jul 15, 2021
  • First Open Lien Mortgage Loan Amount: $324,995
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $295,900
  • Market Land Value: $80,000
  • Market Improvement Value: $215,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,975
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $53,975

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Transaction ID: 11842435316
  • Current Sale Price: $342,100
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21042318
  • Previous Sale Recording Date: Jan 04, 1999
  • Previous Sale Contract Date: Dec 29, 1998
  • Previous Sale Amount: $127,250
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Jul 15, 2021
  • First Mortgage Loan Amount: $324,995
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: W G KELLEY
  • Previous Mortgage Transaction Date: Jan 04, 1999
  • Previous Mortgage Loan Amount: $65,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Due Date: Jul 01, 2019

About Franklin



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Frequently Asked Questions

What neighborhood is 16 Prescott Place located in?
The 16 Prescott Place is a located in the neighborhood of Williamson in Franklin, Franklin.
What is the average sales price for listings in 16 Prescott Place?
The average sales price for units in 16 Prescott Place is $0 currently.

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