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261 Freedom Drive

261 Freedom Drive, Franklin, TN 37067
House in Williamson
Sold May 17, 2021
$526,500
Local assessors in Franklin, TN have categorized 261 Freedom Drive as a residential type of property. The home was built in 1994 and is 30 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 7,461 square feet. The linear feet between the front and back of the lot was measured at 1,620 ft and the front of the lot was measured at 800 ft. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 261 Freedom Drive has a total of 2,472 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is poor. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of asphalt. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 261 Freedom Drive sold most recently in May 14, 2021 for a total of $526,500. If you work out the math, that's approximately a cost of $180.80 per sqft. 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 $3,019 in taxes each year. 261 Freedom Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $110,925. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $80,925. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Poor
  • 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: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,461
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,912
  • Gross Building Area: 2,912
  • Building Area: 2,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LIBERTY HILLS
  • Land Acres: 0.171
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: SUBD LIBERTY HILLS SEC 3 PB 15 PG 49 LOT 0148

Ownership

  • Current Owner : SALMON JONATHAN T
  • Current Owner 2: SALMON JUDITH W
  • Previous Owner : FARBER MARK A
  • Previous Owner 2: FARBER JILL E
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Franklin Special School District
  • Census Tract: 050905

Geography

  • Assessors Map Reference: 079B
  • District: 263
  • Parcel: 079C-B-042.00-000
  • Lot: 0148
  • Municipality: FRANKLIN
  • Latitude: 35.925
  • Longitude: -86.8281

    Address

  • Full Address: 261 Freedom Dr
  • Address - House Number: 261
  • Address - Street Name: Freedom
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Franklin
  • Carrier Code: R023
  • 4-Digit Zip Code: 5626
  • Zip Code: 37067

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,019

    Appraisal Valuation

  • Standard Deviation: 0.2063
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 72
  • Final Value: 690,494
  • High Value: 832,977
  • Low Value: 548,012

    Market Valuation

  • Market Total Value: $443,700
  • Market Land Value: $120,000
  • Market Improvement Value: $323,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,925
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $80,925

    Sales

  • Current Sale Contract Date: May 14, 2021
  • Current Sale Recording Date: May 17, 2021
  • Current Sale Transaction ID: 11835700022
  • Current Sale Price: $526,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21030243

About Franklin



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Nearby Rentals

Unit for rent at

$2,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,412 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 261 Freedom Drive located in?
The 261 Freedom Drive is a house located in the neighborhood of Williamson in Franklin, Franklin.
What is the average sales price for listings in 261 Freedom Drive?
The average sales price for units in 261 Freedom Drive is $0 currently.

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