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718 Pearre Springs Way

718 Pearre Springs Way, Franklin, TN 37064
House in Williamson
Sold Oct 22, 2020
$650,000
$520,000 by Firstbank
Mortgage Due Nov 01, 2050
Sold Jun 19, 2015
$514,500
$411,600 by Pinnacle Bank
Mortgage Due Jul 01, 2045
Local assessors in Franklin, TN have categorized 718 Pearre Springs Way as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 6,468 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 490 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 718 Pearre Springs Way has a total of 2,588 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 460 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 both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 718 Pearre Springs Way sold most recently in Oct 19, 2020 for a total of $650,000. If you work out the math, that's approximately a cost of $213.25 per sqft. Before that, the property was also sold for $514,500 in Jun 19, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,390 in taxes each year. 718 Pearre Springs Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $157,200. If we break it down further, the land itself was valued at $37,500. Improvements to the property, however, were assessed at a total of $119,700. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Hardboard Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: A
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,468
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 490
  • Total Building Area: 3,048
  • Gross Building Area: 3,048
  • Building Area: 2,588
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,588
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WESTHAVEN
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD WESTHAVEN SEC 16 PB 45 PG 82 LOT 0683

Ownership

  • Current Owner : LENCI RAY T
  • Current Owner 2: LENCI MARCIA J
  • Previous Owner : ESTATE OF CURTIS R JOHANSON
  • Owner Before Previous Owner: SMITH BRENDA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Williamson County School District
  • Census Tract: 050604

Zoning

  • Zoning: SE

Geography

  • Assessors Map Reference: 077B
  • District: 263
  • Parcel: 077B-I-021.00-000
  • Lot: 0683
  • Municipality: FRANKLIN
  • Latitude: 35.9231
  • Longitude: -86.9277

    Address

  • Full Address: 718 Pearre Springs Way
  • Address - House Number: 718
  • Address - Street Name: Pearre Springs
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Franklin
  • Carrier Code: R053
  • 4-Digit Zip Code: 4844
  • Zip Code: 37064

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,390

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 92
  • Final Value: 1,285,695
  • High Value: 1,401,451
  • Low Value: 1,169,939

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $670,000
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Loan Amount: $520,000
  • 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: Nov 01, 2050
  • Second Open Lien Mortgage Lender: FIRSTBANK
  • Second Open Lien Mortgage Recording Date: May 05, 2022
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 25, 2032

    Market Valuation

  • Market Total Value: $628,800
  • Market Land Value: $150,000
  • Market Improvement Value: $478,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,200
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $119,700

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11793093238
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20059648
  • Previous Sale Recording Date: Jun 19, 2015
  • Previous Sale Contract Date: Jun 19, 2015
  • Previous Sale Amount: $514,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $520,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PINNACLE BANK
  • Previous Mortgage Transaction Date: Jun 19, 2015
  • Previous Mortgage Loan Amount: $411,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045

About Franklin



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 718 Pearre Springs Way located in?
The 718 Pearre Springs Way is a house located in the neighborhood of Williamson in Franklin, Franklin.
What is the average sales price for listings in 718 Pearre Springs Way?
The average sales price for units in 718 Pearre Springs Way is $654,900 , or $246/sqft. currently.

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