2 months on rocket

503 Madeira St, Franklin, TN, 37064

$610,000

Home List Price

$7,244*

Closing Credit

2 Bedrooms
2 Full Baths
1,729 SqFt
$353/SqFt
House

Location

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503 Madeira St, Franklin$610,000

Buyer Closing Credits

$7,244*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached - Front
Attached Garage2 spaces
Year Built2007
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
BasementYes
MLS #2704851
StatusActive

About 503 Madeira St

Beautiful one level cottage near historic downtown Franklin in 55+ community! Wonderful open floor plan perfect for entertaining! Light and bright with beautiful hardwood entry, formal dining room, large living room with hardwoods & gas fireplace, spacious eat-in kitchen with granite countertops & tile backsplash! Private owners suite with large walk-in closet and en-suite bath with double vanity! Spacious second bedroom perfect for guests or home office! Large laundry room with plenty of cabinets for storage AND a large 2 car garage! No steps into the house! Great patio in the back w/stubbed gas line for grill! New roof and new hot water heater! Terrific location nestled between downtown Franklin and Westhaven….truly move in ready!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 2007
  • Living Area: 1,729 SqFt

Listing Office:

  • Office Name: Benchmark Realty, LLC
  • Office Phone: (615) 491-4913
  • Listing Agent: Dena Willis

Interior Features

Interior Information:

  • Appliances: Disposal, Microwave
  • Basement: Yes
  • Flooring Type: Carpet, Finished Wood, Vinyl
  • Interior: Primary Bedroom Main Floor

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached - Front

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: I-65S, West on 96 towards downtown Franklin, L on Margin, R on Hwy 431, L on 96, L on Downs Blvd, R on Wrennewood, R on Madeira

Price Information

Listing Price Info

Price Summary:

  • List Price: $610,000
  • Price Per SqFt: $353/SqFt

HOA Fees:

  • Amount: $315
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,749
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Franklin, TN.

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Franklin, TN

City

Med. Sold Price

$889.4K

Med. Price/SqFt

$318

Avg. Days On Market

32

# of Sold Homes

126

503 Madeira St vs Franklin

66 DAYS ON ROCKET

+34 Days

$610,000

-$279.4K Less

$353/SqFt

+$34 More

KEY TAKEAWAY

This property is $279.4K less than the Median Sold Price and $34/SqFt more than other homes in Franklin, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2704851

Listing Office:

  • Office Name: Benchmark Realty, LLC
  • Office Phone: (615) 491-4913
  • Listing Agent: Dena Willis

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 4:18:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 21, 2015Home Sold
$295,000
Sep 04, 2007Home Sold
$293,962

Tax History

YEARPROP. TAXASSESSMENT
2020$1,749$67,850
2019$2,141$67,850
2018$2,107$67,850
2017$2,100$67,850

History based on county public records data.

Payment Calculator

$3,427

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,895

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-671222
7
/10

  • Pearre Creek Elementary School

  • 1811 Townsend Blvd

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-671223
7
/10

  • Poplar Grove Elementary School

  • 2959 Del Rio Pike

  • 0.90 miles

  • Public District Grades PK-4

school-card-donut-671224
6
/10

  • Freedom Intermediate School

  • 840 Glass Ln

  • 1.24 miles

  • Public District Grades 5-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,056. The majority of Franklin, TN residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Franklin, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Franklin, TN.

Franklin's housing market showcases a blend of historic charm and modern convenience, with a significant presence of single-family homes that echo the town's rich history. Architectural styles range from classic Victorian and Colonial to contemporary designs, reflecting the area's growth and evolving tastes. The market is diverse, with a mix of upscale estates, mid-range family homes, and more affordable condominiums and townhouses, accommodating a variety of preferences and budgets.

What is it like to live in Franklin, TN?

Franklin is celebrated for its vibrant community spirit and picturesque downtown area, which is dotted with boutique shops, local eateries, and historic sites. The town prides itself on its cultural events, including the Main Street Festival and Dickens of a Christmas, which draw visitors and locals alike into the heart of the community. The character of Franklin is further defined by its green spaces and commitment to preserving its historical roots, offering a blend of small-town warmth and cultural richness.

Is it easy to get around Franklin, TN without a car?

The community benefits from a robust educational system, with multiple public and private schools providing quality education from elementary through high school levels. Healthcare services are comprehensive, with several clinics and a major hospital that offers a range of specialties. The public library system is active, hosting various community programs and events. Retail and dining options are plentiful, with an emphasis on local businesses that contribute to Franklin's unique charm and economy.

Transportation in Franklin, TN.

Franklin's transport infrastructure caters to both private vehicle owners and those who prefer public transit. The road network includes major thoroughfares that connect residents to nearby cities and amenities. Public transportation options are available, with routes designed to serve key areas of the community. The town also promotes walkability, particularly in the downtown district, and has made efforts to improve bike lanes and pedestrian paths to encourage eco-friendly modes of travel.

Frequently Asked Questions About 503 Madeira St

What is the listing price of this property?

The listing price of 503 Madeira St property is $610,000.

What type of property is this?

The property 503 Madeira St is a house located in Franklin, Tennessee, 37064.

Is this property for sale now?

Active Listing: 503 Madeira St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,749 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 21, 2015 for $295,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 503 Madeira St has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 503 Madeira St is 1,729 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 503 Madeira St is 2007.

Rocket Homes›Tennessee›Williamson County›Franklin›37064›503 Madeira St

This home is located at 503 Madeira St in Franklin, TN and zip code 37064. This 1,729 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $610,000.

While more than 15 listings in Franklin, TN in October 2024 were sold above asking price, there were more than 27 listings sold at asking price, and more than 84 were sold below. The inventory of homes for sale in Franklin, TN between September 2024 and October 2024 increased by 9%. In October 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $889,494.

From Rocket Homes Real Estate and based on county public records data.

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