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5418 Franklin Road

5418 Franklin Road, Murfreesboro, TN 37128
Commercial in Rutherford
1 Units For Sale
Unit for sale at 5418 Franklin Rd, Murfreesboro, TN 37128

$700,000 ↓ $200K

  • Commercial
5418 Franklin Rd, Murfreesboro, TN 37128 Listing by Glen Craig

5418 Franklin Road has been categorized by the local assessors in Murfreesboro, TN as a residential type of property. The building on the property was first built in 1974 and is 50 years old. However, we must point out that the home was most recently renovated and altered in 2003. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5418 Franklin Road has 1,355 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 183,388 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 325 sqft. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of gravel/rock. The exterior walls of the building are made of masonry. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heat pump. Finally, the property is currently sourcing its water from a municipal system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $40,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,779 in taxes each year. 5418 Franklin Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $148,125. If we break it down further, the land itself was valued at $85,950. Improvements to the property, however, were assessed at a total of $62,175. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

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: 1974
  • Effective Year Built: 2003
  • 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: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 325
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 183,388
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,355
  • Building Area: 1,355
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Heat pump
  • Heated Square Feet: 1,355
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HOUSE & 1 AC
  • Land Acres: 4.21
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)

Ownership

  • Current Owner : CLARK VIRGINIA F
  • Previous Owner : JOHNNIE HOBBS
  • Owner Before Previous Owner: GRAY HOBBS ARNOLD
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rutherford County School District
  • Census Tract: 040907

Geography

  • Account Number: R0057886
  • District: 000
  • Parcel: 093-035.00-000
  • Municipality: RUTHERFORD
  • Latitude: 35.8441
  • Longitude: -86.4898

    Address

  • Full Address: 5418 Franklin Rd
  • Address - House Number: 5418
  • Address - Street Name: Franklin
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Murfreesboro
  • Carrier Code: R070
  • 4-Digit Zip Code: 3808
  • Zip Code: 37128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,779

    Appraisal Valuation

  • Standard Deviation: 0.1505
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 81
  • Final Value: 697,718
  • High Value: 802,724
  • Low Value: 592,711

    Market Valuation

  • Market Total Value: $592,500
  • Market Land Value: $343,800
  • Market Improvement Value: $248,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,125
  • Assessed Land Value: $85,950
  • Assessed Improvements Value: $62,175

    Sales

  • Current Sale Recording Date: Mar 15, 2002
  • Current Sale Transaction ID: 11476853440
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Apr 30, 1999
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Deed

About Rutherford



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5418 Franklin Road located in?
The 5418 Franklin Road is a commercial located in the neighborhood of Rutherford in Rutherford, Murfreesboro.
How many listings are currently for sale in 5418 Franklin Road?
There is a listing currently on the market for sale.
What is the average sales price for listings in 5418 Franklin Road?
The average sales price for units in 5418 Franklin Road is $700,000 currently.

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