NOT LISTED FOR SALE

108 Meredith Place Franklin, TN 37064

West Franklin Neighborhood

Estimated Value: $603,854 - $767,000

3 Beds
3 Baths
2,192 Sq Ft
$323/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2021

Last sale price $525,000 $240 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,138 / mo

65 Days on Market

Highlights

  • 0.57 Acre Lot
  • No HOA
  • Central Heating and Cooling System
  • Poplar Grove K-4 Rated A

About This Home

As of May 2021

Very large Lot, Duplex 2 bedroom townhome style with fireplace. Rare Franklin TN multi family.

Last Agent to Sell the Property

Tom Lochbihler

Loch Company Brokerage Phone: 6157905099 License # 225497 Listed on: 12/17/2020

Last Buyer's Agent

Marabeth Poole

Onward Real Estate License #325409

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,431

Year Built

  • Built in 1982

Lot Details

  • 24,829 Sq Ft Lot
  • Lot Dimensions are 97 x 119

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,192 Sq Ft Home
  • Property has 2 Levels
  • Laminate Flooring

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Schools

  • Johnson Elementary School
  • Freedom Intermediate
  • Franklin High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $2,645
  • Assessor Parcel Number 094063J C 01600 00009063J

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Magnolia Place Subdivision

Building Details

  • Operating Expense $5,900
  • Gross Income $31,740
  • Net Operating Income $25,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,431

Year Built

Built in 1982

Lot Details

0.57 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1982
  • Inclusions: APPLN
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Above Grade Finished Sq Ft: 2192
  • Building Area Units: Square Feet
  • Living Area: 2192
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Laundry Features: Individual

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Res
  • Lot Size Acres: 0.57
  • Lot Size: 97 X 119
  • Lot Size Units: Acres
  • Parcel #: 094063J C 01600 00009063J
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 31740
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 25840
  • Number Of Units Total: 2
  • Annual Operating Expense: 5900
  • Total Actual Rent: 2645

Tax Info

  • Tax Annual Amount: 3431

MLS Schools

  • Elementary School: Johnson Elementary
  • High School: Franklin High School
  • Middle Or Junior School: Freedom Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2026
Sold by
Meredith Holdings Llc
Bought by
Wells Trust and Wells
Current Estimated Value
$707,618

Purchase Details

Listed on
Dec 17, 2020
Closed on
May 20, 2021
Sold by
Lochbihler Tom Edward
Bought by
Meredith Holdings Llc
Seller's Agent
Tom Lochbihler
Loch Company
Buyer's Agent
Marabeth Poole
Onward Real Estate
List Price
$535,000
Sold Price
$525,000
Premium/Discount to List
-$10,000
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
Nov 8, 2019
Sold by
Jws Magnolia Llc
Bought by
Lochbihler Tom and Lochbihler Tom Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2006
Sold by
Sanders John W
Bought by
Jws Magnolia Llc

Purchase Details

Closed on
Sep 28, 2006
Sold by
Gardner Partners
Bought by
Sanders John W and Sanders Gp

Purchase Details

Closed on
Dec 26, 1995
Sold by
Gardner Carl P
Bought by
Gardner Family Partners
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wells Trust $1,050,000 Lehman Title
Meredith Holdings Llc $1,050,000 Lehman Title & Escrow Llc
Lochbihler Tom $350,000 Wagon Wheel Title
Jws Magnolia Llc -- None Available
Sanders John W $266,000 None Available
Gardner Family Partners -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lochbihler Tom $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $525,000 -1.9% $240 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
12/17/2020 12/17/20 For Sale $535,000 -- $244 / Sq Ft
Source: Realtracs

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,320 $236,320 $91,560 $144,760
2024 $4,320 $152,560 $39,240 $113,320
2023 $4,152 $152,560 $39,240 $113,320
2022 $4,152 $152,560 $39,240 $113,320
2021 $4,152 $152,560 $39,240 $113,320
2020 $3,430 $106,320 $28,360 $77,960
2019 $3,430 $106,320 $28,360 $77,960
2018 $3,356 $106,320 $28,360 $77,960
2017 $3,303 $106,320 $28,360 $77,960
2016 $3,292 $106,320 $28,360 $77,960
2015 -- $56,760 $24,000 $32,760
2014 -- $56,760 $24,000 $32,760
Source: Public Records

Agents Affiliated with this Home

  • Tom Lochbihler

    Seller's Agent in 2021

    Tom Lochbihler

    Loch Company

    (615) 696-7033

    2 in this area

    35 Total Sales

    Tom Lochbihler
    Section Image
  • Marabeth Poole

    Buyer's Agent in 2021

    Marabeth Poole

    Onward Real Estate

    (615) 336-6635

    5 in this area

    133 Total Sales

    Marabeth Poole
    Section Image
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Map

Source: Realtracs

MLS Number: 2214558

Realtracs

APN: 063J-C-016.00

Tennessee Williamson County Franklin 37064 West Franklin

108 Meredith Place, Franklin, TN

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the 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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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