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406 Luna Court

406 Luna Court, Franklin, TN 37064
Property in Williamson
Sold Jun 06, 2016
$665,000
$557,700 by Churchill Mortgage Corp
Mortgage Due Apr 01, 2050
Sold Mar 07, 2011
$510,000
Local assessors in Franklin, TN have categorized 406 Luna Court as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 13,104 square feet. The linear feet between the front and back of the lot was measured at 1,440 ft and the front of the lot was measured at 910 ft. As for the restroom situation, there are 6 full bathrooms. There are also 6 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 406 Luna Court has a total of 4,129 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 794 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - A. The building has a roof that is made of asphalt. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 406 Luna Court was last sold in May 25, 2016 for $665,000. According to our calculations, that's $135.08 per sqft. Prior to that sales transaction, the property was sold for $510,000 in Mar 4, 2011. Current property owners are expected to pay $5,565 in taxes per year. The property on 406 Luna Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $204,475. To break that down further, the land itself was valued at $43,750. While improvements to the property were assessed at a total of $160,725. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 18
  • Building Condition: Average
  • Building Quality: A
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 794
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 13,104
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 910
  • Total Building Area: 4,923
  • Gross Building Area: 4,923
  • Building Area: 4,129
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,129
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HENLEY
  • Land Acres: 0.301
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD HENLEY SEC 1 PB 45 PG 91 LOT 0034

Ownership

  • Current Owner : LAWSON CARMEN
  • Previous Owner : GAGE BILLY C
  • Previous Owner 2: GAGE CHARLENE GAIL
  • Owner Before Previous Owner: GREENBANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Special School District
  • Census Tract: 050906

Geography

  • Assessors Map Reference: 079I
  • District: 263
  • Parcel: 079I-E-019.00-000
  • Lot: 0034
  • Municipality: FRANKLIN
  • Latitude: 35.9112
  • Longitude: -86.8492

    Address

  • Full Address: 406 Luna Ct
  • Address - House Number: 406
  • Address - Street Name: Luna
  • Address - Suffix Type: Ct
  • State: TN
  • City Name: Franklin
  • Carrier Code: C018
  • 4-Digit Zip Code: 8240
  • Zip Code: 37064

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,565

    Appraisal Valuation

  • Standard Deviation: 0.1889
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 1,311,250
  • High Value: 1,558,993
  • Low Value: 1,063,507

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $557,700
  • First Open Lien Mortgage Lender: CHURCHILL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 13, 2020
  • First Open Lien Mortgage Loan Amount: $557,700
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $817,900
  • Market Land Value: $175,000
  • Market Improvement Value: $642,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,475
  • Assessed Land Value: $43,750
  • Assessed Improvements Value: $160,725

    Sales

  • Current Sale Contract Date: May 25, 2016
  • Current Sale Recording Date: Jun 06, 2016
  • Current Sale Transaction ID: 1869967420
  • Current Sale Price: $665,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16022256
  • Previous Sale Recording Date: Mar 07, 2011
  • Previous Sale Contract Date: Mar 04, 2011
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHURCHILL MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 06, 2016
  • First Mortgage Loan Amount: $400,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2046
  • Second Mortgage Lender: FIRST CITIZENS BANK & TRUST CO
  • Second Mortgage Transaction Date: Jun 06, 2016
  • Second Current Mortgage Financing Type: Variable
  • Second Mortgage Loan Amount: $181,400
  • Second Mortgage Terms: 298
  • Second Mortgage Loan Type: Credit Line (Revolving)
  • Second Mortgage Loan Due Date: May 25, 2041

About Franklin



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Frequently Asked Questions

What neighborhood is 406 Luna Court located in?
The 406 Luna Court is a located in the neighborhood of Williamson in Franklin, Franklin.
What is the average sales price for listings in 406 Luna Court?
The average sales price for units in 406 Luna Court is $0 currently.

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