5560 Franklin Pike Circle

5560 Franklin Pike Circle has been categorized by the local assessors in Brentwood, TN as a office type of property. The building on the property was first built in 1983 and is 41 years old. The building has a total of 2 stories. In addition, 5560 Franklin Pike Circle has 8,867 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 52,272 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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 exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Feb 19, 2019 for $2,050,000. That's $231.19 per sqft. Prior to that sales transaction, the property was also sold in Jul 17, 2009 for $1,245,000. 5560 Franklin Pike Circle was last assessed in 2023. The total value of the property was assessed at $887,960. Specifically, the land the property is located on was valued at $501,800. While improvements on the property were assessed at a total of $386,160. 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 $28,894. 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.