11 days on rocket

511 Derby Downs, Lebanon, TN, 37087

$785,000

Home List Price

$9,322*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
3,730 SqFt
$210/SqFt
House
Schools Nearby

Location

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511 Derby Downs, Lebanon$785,000

Buyer Closing Credits

$9,322*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached - Side, Aggregate
Garage3 spaces
Year Built2006
HeatingCentral, Natural Gas
CoolingCentral Air, Electric
MLS #2652668
Lot Size0.55 Acres
StatusActive

About 511 Derby Downs

***$10,000 Buyer's Incentive with full price offer***Stunning all brick home on a quiet cul-de-sac in the highly desirable Iroquois subdivision. Spacious floorplan offers owner's suite on main floor as well as an open eat in kitchen, stone fireplace in living rm, secondary bedrooms/ rec rm on second level, as well as a walkout finished basement that could be used as a mother in-law/teen suite. Extensive custom trim work throughout. Relaxing views from the private deck overlooking the gorgeous tree line fenced backyard. Oversized driveway perfect for RV parking and 3 car garage for your all of your toys. NO HOA . New roof installed 4 months ago. Conveniently located to shopping, dining & I-40, and only 30 min drive to BNA Airport.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Living Area: 3,730 SqFt

Listing Office:

  • Office Name: Reliant Realty ERA Powered
  • Office Phone: (615) 429-7323
  • Listing Agent: Steven Russell

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Finished Wood, Laminate, Tile
  • Interior: Air Filter, Ceiling Fan(s), Entry Foyer, Extra Closets, High Ceilings, In-Law Floorplan, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Attached - Side, Aggregate

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.55 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Winfree Bryant Middle School, Public District Grades 6-8
  • Castle Heights Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From Nashville, I40E, exit Hwy. 109 (Gallatin/Lebanon Exit), R onto Hwy. 70, R onto Lexington Dr. into Richmond Hills Subdivision, R on Letcher, R on New Market, R on Derby Downs, home at end of street - sign in yard

Price Information

Listing Price Info

Price Summary:

  • List Price: $785,000
  • Price Per SqFt: $210/SqFt

Tax Information:

  • Annual Amount: $4,280
  • Tax Year: 2020
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Housing Market Comparison

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

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Lebanon, TN

City

Med. Sold Price

$418.2K

Med. Price/SqFt

$213

Avg. Days On Market

26

# of Sold Homes

96

511 Derby Downs vs Lebanon

11 DAYS ON ROCKET

-15 Days

$785,000

+$366.7K More

$210/SqFt

-$3 Less

KEY TAKEAWAY

This property is $366.7K more than the Median Sold Price and $3/SqFt less than other homes in Lebanon, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2652668

Listing Office:

  • Office Name: Reliant Realty ERA Powered
  • Office Phone: (615) 429-7323
  • Listing Agent: Steven Russell

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: 5/20/2024, 10:18:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 24, 2007Home Sold
$395,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,280$166,975
2019$4,280$113,875
2018$3,996$113,875
2017$3,996$113,875

History based on county public records data.

Payment Calculator

$3,985

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,420

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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.

Elementary School

school-card-donut-4203261
5
/10

  • Castle Heights Elementary School

  • 1007 N Castle Heights Ave

  • 4.18 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4203262
5
/10

  • Winfree Bryant Middle School

  • 1213 Leeville Pike

  • 3.21 miles

  • Public District Grades 6-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,293. Residents of Lebanon, TN typically earn between $35k-100k each year. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 511 Derby Downs

What is the listing price of this property?

The listing price of 511 Derby Downs property is $785,000.

What type of property is this?

The property 511 Derby Downs is a house located in Lebanon, Tennessee, 37087.

Is this property for sale now?

Active Listing: 511 Derby Downs is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 511 Derby Downs are:
Castle Heights Elementary School: GreatSchools Rating 5/10
Winfree Bryant Middle School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,280 (source: MLS/based on county public records data).

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

The last sale was on May 24, 2007 for $395,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 511 Derby Downs has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 511 Derby Downs is 3,730 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 511 Derby Downs is 2006.

Rocket Homes›Tennessee›Wilson County›Lebanon›37087›511 Derby Downs

This home is located at 511 Derby Downs in Lebanon, TN and zip code 37087. This 3,730 square foot home, which was built in 2006, sits on a 0.55 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $785,000.

In April 2024 more than 14 listings in Lebanon, TN were sold above the asking price. During the same period more than 42 listings were sold at asking price, while more than 39 were sold below. The number of homes for sale in Lebanon, TN increased by 8.5% between March 2024 and April 2024. The median list price of listings available in April 2024 was $418,268, while the average time on the real estate market was 26 days.

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

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