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500 Cool Springs Boulevard

500 Cool Springs Boulevard, Franklin, TN 37067
Property in Williamson
500 Cool Springs Boulevard in Franklin, TN was first built in 1999 and is 25 years old. Although, the building on the property was most recently renovated and altered in 2010. This has been categorized as a commercial 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. 500 Cool Springs Boulevard has 5,439 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 57,499 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a reinforced concrete style roof made of composition shingle. 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. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Mar 30, 2022 for $6,171,929. That's $1,134.75 per sqft. Prior to that sales transaction, the property was also sold in Dec 2, 2020 for $3,250,000. 500 Cool Springs Boulevard was last assessed in 2023. The total value of the property was assessed at $1,257,200. Specifically, the land the property is located on was valued at $660,000. While improvements on the property were assessed at a total of $597,200. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $34,212. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Shape Type: Reinforced concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 57,499
  • Total Building Area: 5,439
  • Gross Building Area: 5,439
  • Building Area: 5,439
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 5,439
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: COOL SPRINGS WEST
  • Land Acres: 1.32
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: SUBD COOL SPRINGS WEST SEC3 PB 75 PG 92 LOT 0004

Ownership

  • Current Owner : COOL SPRINGS LOT 29 THOMASVILLE RETAIL PARTNE
  • Previous Owner : FRANKLIN 500 COOL SPRINGS LLC
  • Owner Before Previous Owner: REGIONS BANK
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Franklin Special School District
  • Census Tract: 050307

Geography

  • Assessors Map Reference: 062
  • District: 263
  • Parcel: 062-006.04-000
  • Lot: 0004
  • Municipality: FRANKLIN
  • Latitude: 35.9459
  • Longitude: -86.8228

    Address

  • Full Address: 500 Cool Springs Blvd
  • Address - House Number: 500
  • Address - Street Name: Cool Springs
  • Address - Suffix Type: Blvd
  • State: TN
  • City Name: Franklin
  • Carrier Code: R051
  • 4-Digit Zip Code: 2627
  • Zip Code: 37067

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $34,212

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $9,100,000
  • First Open Lien Mortgage Lender: RELIANT BANK
  • First Open Lien Mortgage Recording Date: Mar 31, 2022
  • First Open Lien Mortgage Loan Amount: $9,100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $5,028,800
  • Market Land Value: $2,640,000
  • Market Improvement Value: $2,388,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,257,200
  • Assessed Land Value: $660,000
  • Assessed Improvements Value: $597,200

    Sales

  • Current Sale Contract Date: Mar 30, 2022
  • Current Sale Recording Date: Mar 31, 2022
  • Current Sale Transaction ID: 11883791262
  • Current Sale Price: $6,171,929
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 14889
  • Previous Sale Recording Date: Dec 23, 2020
  • Previous Sale Contract Date: Dec 02, 2020
  • Previous Sale Amount: $3,250,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RELIANT BANK
  • First Mortgage Transaction Date: Mar 31, 2022
  • First Mortgage Loan Amount: $9,100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: COGENT BANK
  • Previous Mortgage Transaction Date: Dec 23, 2020
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $4,634,000
  • Previous Mortgage Term: 24
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Dec 22, 2022

About Franklin



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Frequently Asked Questions

What neighborhood is 500 Cool Springs Boulevard located in?
The 500 Cool Springs Boulevard is a located in the neighborhood of Williamson in Franklin, Franklin.
What is the average sales price for listings in 500 Cool Springs Boulevard?
The average sales price for units in 500 Cool Springs Boulevard is $0 currently.

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