Check Availability

541 Broadway

541 Broadway, Franklin, KY 42134
House in Simpson
Sold Nov 12, 2020
$133,000
$126,350 by Franklin Bank & Trust Co
Mortgage Due Nov 01, 2050
541 Broadway in Franklin, KY was first built in 1963 and is 61 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 541 Broadway has 1,805 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 2,000 ft and the linear feet between the front and back of the lot is 2,000. In total, the area measurement of the land is 40,000 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a attached garage. The garage is 600 sqft. There are a total of 2 available parking spaces. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick veneer. 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 heating system we are unsure of and being fueled with gas. 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, 541 Broadway was last sold in Oct 29, 2020 for $133,000. According to our calculations, that's $73.68 per sqft. Current property owners are expected to pay $1,490 in taxes per year. The property on 541 Broadway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $160,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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

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

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 40,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,805
  • Building Area: 1,805
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Other
  • Heated Square Feet: 1,805
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.918
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 541 BROADWAY

Ownership

  • Current Owner : WOLCOTT JAMIN LEE
  • Current Owner 2: WOLCOTT BRANDI JOY
  • Previous Owner : VAUGHN KENTUCKY PROPERTY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Simpson County School District
  • Census Tract: 970200

Geography

  • Account Number: 181
  • Parcel: 041-03-00-001.00
  • Municipality: COUNTY
  • Latitude: 36.7502
  • Longitude: -86.565

    Address

  • Full Address: 541 Broadway Ave
  • Address - House Number: 541
  • Address - Street Name: Broadway
  • Address - Suffix Type: Ave
  • State: KY
  • City Name: Franklin
  • Carrier Code: R008
  • 4-Digit Zip Code: 9122
  • Zip Code: 42134

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,490

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 552,190
  • High Value: 793,399
  • Low Value: 310,980

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,350
  • First Open Lien Mortgage Lender: FRANKLIN BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Nov 12, 2020
  • First Open Lien Mortgage Loan Amount: $126,350
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $160,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,000

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Transaction ID: 11801752570
  • Current Sale Price: $133,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1199488

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN BANK & TRUST CO
  • First Mortgage Transaction Date: Nov 12, 2020
  • First Mortgage Loan Amount: $126,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Simpson



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 317 Sunset, Franklin, KY, 42134

$1,695 /mo

  • 4 Beds
  • 1.5 Baths
  • 1,124 ft²
317 Sunset, Franklin, KY, 42134 Listing by Taylor Tinsley

Frequently Asked Questions

What neighborhood is 541 Broadway located in?
The 541 Broadway is a house located in the neighborhood of Simpson in Simpson, Franklin.
What is the average sales price for listings in 541 Broadway?
The average sales price for units in 541 Broadway is $0 currently.

Quantcast