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513 Riverview Drive

513 Riverview Drive, Franklin, TN 37064
Property in Williamson
Sold May 17, 2023
$545,000
$476,000 by Cardinal Financial Company Lim
Mortgage Due Jun 01, 2053
Sold Jun 01, 2018
$382,500
$344,250 by Cmg Mortgage Inc
Mortgage Due Jun 01, 2048
513 Riverview Drive in Franklin, TN was first built in 1984 and is 40 years old. Although, the building on the property was most recently renovated and altered in 2000. 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. 513 Riverview Drive has 2,231 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 770 ft and the linear feet between the front and back of the lot is 1,840. In total, the area measurement of the land is 14,168 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of asphalt. The condition of the building has been evaluated as average. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 513 Riverview Drive was last sold in May 16, 2023 for $545,000. According to our calculations, that's $244.29 per sqft. Prior to that sales transaction, the property was sold for $382,500 in May 31, 2018. Current property owners are expected to pay $3,111 in taxes per year. The property on 513 Riverview Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $114,300. To break that down further, the land itself was valued at $21,250. While improvements to the property were assessed at a total of $93,050. 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: 1984
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,168
  • Lot Size Depth Feet: 1,840
  • Lot Size Frontage Feet: 770
  • Total Building Area: 2,231
  • Gross Building Area: 2,231
  • Building Area: 2,231
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,231
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERVIEW PARK
  • Land Acres: 0.325
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD RIVERVIEW PARK SEC 5-B PB 8 PG 109 LOT 0508

Ownership

  • Current Owner : STOKES JUSTIN M
  • Current Owner 2: STOKES JENNY
  • Previous Owner : COMBS LAURIE ANGELA
  • Owner Before Previous Owner: KRAKER MARY
  • Owner Before Previous Owner 2: COVE SANDY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Franklin Special School District
  • Census Tract: 050907

Geography

  • Assessors Map Reference: 089G
  • District: 263
  • Parcel: 089J-A-010.00-000
  • Lot: 0508
  • Municipality: FRANKLIN
  • Latitude: 35.895
  • Longitude: -86.8309

    Address

  • Full Address: 513 Riverview Dr
  • Address - House Number: 513
  • Address - Street Name: Riverview
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Franklin
  • Carrier Code: R017
  • 4-Digit Zip Code: 5512
  • Zip Code: 37064

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,111
  • Tax Rate Code Area: 263264

    Appraisal Valuation

  • Standard Deviation: 0.2255
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 650,113
  • High Value: 796,746
  • Low Value: 503,481

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $476,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LIM
  • First Open Lien Mortgage Recording Date: May 17, 2023
  • First Open Lien Mortgage Loan Amount: $476,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $457,200
  • Market Land Value: $85,000
  • Market Improvement Value: $372,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,300
  • Assessed Land Value: $21,250
  • Assessed Improvements Value: $93,050

    Sales

  • Current Sale Contract Date: May 16, 2023
  • Current Sale Recording Date: May 17, 2023
  • Current Sale Transaction ID: 11906863513
  • Current Sale Price: $545,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13695
  • Previous Sale Recording Date: Jun 01, 2018
  • Previous Sale Contract Date: May 31, 2018
  • Previous Sale Amount: $382,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LIM
  • First Mortgage Transaction Date: May 17, 2023
  • First Mortgage Loan Amount: $476,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CMG MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 01, 2018
  • Previous Mortgage Loan Amount: $344,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About Franklin



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Frequently Asked Questions

What neighborhood is 513 Riverview Drive located in?
The 513 Riverview Drive is a located in the neighborhood of Williamson in Franklin, Franklin.
What is the average sales price for listings in 513 Riverview Drive?
The average sales price for units in 513 Riverview Drive is $0 currently.

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