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311 Mercury Drive

311 Mercury Drive, Franklin, TN 37064
Property in Williamson
Sold Feb 18, 2005
$169,000
$135,200 by Cumberland Bank
Mortgage Due Mar 01, 2035
Sold Mar 27, 1996
$80,000
311 Mercury Drive in Franklin, TN was first built in 1949 and is 75 years old. Although, the building on the property was most recently renovated and altered in 2002. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 311 Mercury Drive has 1,088 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. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,800. In total, the area measurement of the land is 10,800 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 detached garage. The garage is 480 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as poor. The exterior walls of the home are made of alum/vinyl siding. 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. 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, 311 Mercury Drive sold most recently in Feb 16, 2005 for a total of $169,000. If you work out the math, that's approximately a cost of $155.33 per sqft. Before that, the property was also sold for $80,000 in Jan 1, 1970. 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 $2,571 in taxes each year. 311 Mercury Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $94,500. If we break it down further, the land itself was valued at $56,250. Improvements to the property, however, were assessed at a total of $38,250. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1949
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Poor
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Detached
  • Garage Square Area: 480
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,800
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,088
  • Gross Building Area: 1,088
  • Building Area: 1,088
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,088
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HIGHLAND GARDENS
  • Land Acres: 0.248
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: SUBD HIGHLAND GARDENS PB 1 PG 90- BLOCK G LOT 0006 PG 91

Ownership

  • Current Owner : WOMACK FREDDIE R
  • Previous Owner : WAGNER JOSEPH G
  • Previous Owner 2: WAGNER JANET A
  • Owner Before Previous Owner: BREWER BLAIK T
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Franklin Special School District
  • Census Tract: 050802

Geography

  • Assessors Map Reference: 078N
  • District: 263
  • Parcel: 078K-D-042.00-000
  • Block: G
  • Lot: 0006
  • Municipality: FRANKLIN
  • Latitude: 35.9103
  • Longitude: -86.8695

    Address

  • Full Address: 311 Mercury Dr
  • Address - House Number: 311
  • Address - Street Name: Mercury
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Franklin
  • Carrier Code: C001
  • 4-Digit Zip Code: 3207
  • Zip Code: 37064

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,571
  • Tax Rate Code Area: 263264

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 553,382
  • High Value: 676,867
  • Low Value: 429,897

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,200
  • First Open Lien Mortgage Lender: CUMBERLAND BANK
  • First Open Lien Mortgage Recording Date: Feb 18, 2005
  • First Open Lien Mortgage Loan Amount: $135,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2035

    Market Valuation

  • Market Total Value: $378,000
  • Market Land Value: $225,000
  • Market Improvement Value: $153,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,500
  • Assessed Land Value: $56,250
  • Assessed Improvements Value: $38,250

    Sales

  • Current Sale Contract Date: Feb 16, 2005
  • Current Sale Recording Date: Feb 18, 2005
  • Current Sale Transaction ID: 11456995610
  • Current Sale Price: $169,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 05007173
  • Previous Sale Recording Date: Mar 27, 1996
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CUMBERLAND BANK
  • First Mortgage Transaction Date: Feb 18, 2005
  • First Mortgage Loan Amount: $135,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2035
  • Second Mortgage Loan Amount: $33,800

About Franklin



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Frequently Asked Questions

What neighborhood is 311 Mercury Drive located in?
The 311 Mercury Drive is a located in the neighborhood of Williamson in Franklin, Franklin.
What is the average sales price for listings in 311 Mercury Drive?
The average sales price for units in 311 Mercury Drive is $0 currently.

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