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5014 Viola Lane

5014 Viola Lane, Franklin, TN 37069
House in Williamson
Sold Jun 16, 2020
$585,000
$495,000 by Legacy Home Loans Llc
Mortgage Due Jul 01, 2050
Sold Jul 29, 2019
$544,143
$435,314 by F & M Bank
Mortgage Due Aug 01, 2049
Local assessors in Franklin, TN have categorized 5014 Viola Lane as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 8,018 square feet. The linear feet between the front and back of the lot was measured at 1,542 ft and the front of the lot was measured at 520 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 5014 Viola Lane has a total of 2,993 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. 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 552 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 a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5014 Viola Lane was last sold in Jun 12, 2020 for $585,000. According to our calculations, that's $165.02 per sqft. Prior to that sales transaction, the property was sold for $544,143 in Jul 25, 2019. Current property owners are expected to pay $3,778 in taxes per year. The property on 5014 Viola Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $138,800. To break that down further, the land itself was valued at $30,000. While improvements to the property were assessed at a total of $108,800. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • 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: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,018
  • Lot Size Depth Feet: 1,542
  • Lot Size Frontage Feet: 520
  • Total Building Area: 3,545
  • Gross Building Area: 3,545
  • Building Area: 2,993
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,993
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIZER POINT
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD RIZER POINT SEC5 PB 69 PG 116 LOT 0105

Ownership

  • Current Owner : GENTRY SUSANNAH FRENCH
  • Current Owner 2: GENTRY PHILLIP WAYNE
  • Previous Owner : SHEAR JEFFREY
  • Previous Owner 2: SHEAR CARTY R
  • Owner Before Previous Owner: CLAYTON PROPERTIES GROUP INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Special School District
  • Census Tract: 050601

Geography

  • Assessors Map Reference: BK 69 PG 116
  • District: 263
  • Parcel: 063G-J-008.00-000
  • Lot: 0105
  • Municipality: FRANKLIN
  • Latitude: 35.9392
  • Longitude: -86.8858

    Address

  • Full Address: 5014 Viola Ln
  • Address - House Number: 5014
  • Address - Street Name: Viola
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Franklin
  • Carrier Code: R018
  • 4-Digit Zip Code: 1431
  • Zip Code: 37069

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,778

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 907,324
  • High Value: 1,099,901
  • Low Value: 714,746

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $495,000
  • First Open Lien Mortgage Lender: LEGACY HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Jun 16, 2020
  • First Open Lien Mortgage Loan Amount: $495,000
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $555,200
  • Market Land Value: $120,000
  • Market Improvement Value: $435,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,800
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $108,800

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Transaction ID: 11767767404
  • Current Sale Price: $585,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20029201
  • Previous Sale Recording Date: Jul 29, 2019
  • Previous Sale Contract Date: Jul 25, 2019
  • Previous Sale Amount: $544,143
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEGACY HOME LOANS LLC
  • First Mortgage Transaction Date: Jun 16, 2020
  • First Mortgage Loan Amount: $495,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: F & M BANK
  • Previous Mortgage Transaction Date: Jul 29, 2019
  • Previous Mortgage Loan Amount: $435,314
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About Franklin



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Frequently Asked Questions

What neighborhood is 5014 Viola Lane located in?
The 5014 Viola Lane is a house located in the neighborhood of Williamson in Franklin, Franklin.
What is the average sales price for listings in 5014 Viola Lane?
The average sales price for units in 5014 Viola Lane is $598,999 , or $186/sqft. currently.

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