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Active
    • Price cut: $400K (6/16)
    $3,850,000

    224 3rd Ave S, Franklin, TN 37064

    4beds
    4,742sqft
    : 
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    Single Family Residence, Residential
    Built in 1805
    0.51 Acres Lot
    $-- Zestimate®
    $812/sqft
    $-- HOA

    What's special

    Seven fireplacesFederal-style homeWarming drawerCustom designed walk-in closetCharming traditional english gardenSubzero refrigeratorPrimary-on-the-main with luxurious ensuite
    The iconic Saunders-Marshall-Wright House is the original brick home in Historic Downtown Franklin and dates to 1805. It is prominently located on prestigious 3rd Avenue South and is only one block from the town square. This stately home was extraordinarily well-constructed by master craftsmen to stand the test of time and it certainly has for the past 220 years while becoming even more beautiful and refined. The Federal-style home opens to a stunning foyer featuring 12 ft. soaring ceilings and an elegant handcrafted stair case with original poplar steps and oak railing. Original 1” thick tongue-in-groove ash floors grace the interior which was fully renovated by Tallman Enterprises and includes: Primary-on-the-main with luxurious ensuite featuring a heated Carrera marble floor, bidet, large air jet soaking tub, spacious walk-in marble shower with heated towel bar, custom walnut vanity and cabinets, and custom designed walk-in closet. The open and naturally lit chef’s kitchen features custom cabinetry, subzero refrigerator, Dacor six burner gas range, warming drawer, and new wall oven and dishwasher. The home also features a spacious 28x21’ den with an impressive stone wood-burning fireplace (2016), an attached 2.5 car garage includes additional storage and private driveway (replaced 2025), separate fully renovated (2021) walk-in guest house with complete kitchen and attached garage. A beach-entry L-shaped swimming pool (2013) compliments beautifully landscaped front, side and backyards which include fountains and a charming traditional English garden. The home has seven fireplaces and is handicap-accessible. GUEST HOUSE NOT INCLUDED IN SQUARE FOOTAGE.
    60 days
    |
    1,291
    |
    51
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah A. Kilgore 615-948-1887,

    MERIT Real Estate Advisors 615-690-7700,

    Cole Kilgore 615-351-2252,

    MERIT Real Estate Advisors

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3194229MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bedrooms: 1
      Bedroom 1
      • Features: Suite
      • Level: Suite
      • Area: 234 Square Feet
      • Dimensions: 18x13
      Bedroom 2
      • Features: Bath
      • Level: Bath
      • Area: 289 Square Feet
      • Dimensions: 17x17
      Bedroom 3
      • Area: 272 Square Feet
      • Dimensions: 17x16
      Bedroom 4
      • Features: Bath
      • Level: Bath
      • Area: 247 Square Feet
      • Dimensions: 19x13
      Dining room
      • Features: Formal
      • Level: Formal
      • Area: 374 Square Feet
      • Dimensions: 22x17
      Kitchen
      • Area: 374 Square Feet
      • Dimensions: 22x17
      Living room
      • Features: Formal
      • Level: Formal
      • Area: 256 Square Feet
      • Dimensions: 16x16
      Other
      • Features: Utility Room
      • Level: Utility Room
      • Area: 64 Square Feet
      • Dimensions: 8x8
      Recreation room
      • Features: Second Floor
      • Level: Second Floor
      • Area: 651 Square Feet
      • Dimensions: 31x21
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Gas Range, Double Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Bookcases, Built-in Features, Extra Closets, High Ceilings, In-Law Floorplan
      • Flooring: Wood, Tile
      • Basement: None,Crawl Space
      • Number of fireplaces: 7
      Interior area
      • Total structure area: 4,742
      • Total interior livable area: 4,742 sqft
      • Finished area above ground: 4,742

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage Faces Rear
      • Attached garage spaces: 3
      Accessibility
      • Accessibility features: Exterior Wheelchair Lift
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Patio
      • Has private pool: Yes
      • Pool features: In Ground
      • Fencing: Back Yard
      Lot
      • Size: 0.51 Acres
      • Dimensions: 113 x 198
      Details
      • Parcel number: 094078C G 01900 00009078C
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence, Residential
      Materials
      • Brick
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1805

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Available, Water Available

      Community & HOA

      Community
      • Subdivision: Historic Downtown
      HOA
      • Has HOA: No
      Location
      • Region: Franklin

      Financial & listing details

      • Price per square foot: $812/sqft
      • Tax assessed value: $3,579,500
      • Annual tax amount: $12,617
      • Date on market: 5/8/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/16/2026Price change$3,850,000-9.4%$812/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3194229 Report a problem
        5/8/2026Listed for sale$4,250,000$896/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3194229 Report a problem
        5/8/2026Listing removed$4,250,000$896/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2900199 Report a problem
        3/26/2026Price change$4,250,000-5.5%$896/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2900199 Report a problem
        6/3/2025Listed for sale$4,495,000-9.2%$948/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2900199 Report a problem
        6/3/2025Listing removed$4,950,000$1,044/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2813646 Report a problem
        4/9/2025Listed for sale$4,950,000+280.8%$1,044/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2813646 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        3/24/2011Listing removed$1,300,000+16.9%$274/sqft
        Source: Owner Report a problem
        4/15/2010Sold$1,112,500-14.4%$235/sqft
        Source: Public Record Report a problem
        2/11/2010Listed for sale$1,300,000-10.3%$274/sqft
        Source: Owner Report a problem
        11/29/2009Listing removed$1,450,000$306/sqft
        Source: John M. Green REALTORS #1123653 Report a problem
        11/14/2009Price change$1,450,000-2.4%$306/sqft
        Source: John M. Green REALTORS #1123653 Report a problem
        11/1/2009Price change$1,485,000+2.4%$313/sqft
        Source: NCI Report a problem
        10/10/2009Listed for sale$1,450,000-2.4%$306/sqft
        Source: John M. Green, REALTORS #1123653 Report a problem
        8/28/2009Listing removed$1,485,000$313/sqft
        Source: NCI Report a problem
        7/9/2009Listed for sale$1,485,000$313/sqft
        Source: NCI Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$18,465 +40.7%$894,875 +93%
        2024$13,127 +4%$463,650
        2023$12,617 $463,650
        2022$12,617 $463,650
        2021$12,617 +9.4%$463,650 +29.7%
        2020$11,536 $357,550
        2019$11,536 +2.2%$357,550
        2018$11,286 $357,550
        2017$11,286 $357,550
        2016-- $357,550 +21.3%
        2015-- $294,750
        2014-- $294,750
        2013-- $294,750 +2.9%
        2012-- $286,450
        2011-- $286,450 +29%
        2006$7,691 +16.8%$222,026 +39.6%
        2005$6,583 +2.7%$159,007
        2004$6,408 -4.3%$159,007
        2002$6,694 $159,007 +22%
        2001-- $130,304 -60.5%
        2000-- $329,914

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Central Franklin

        Getting around

        71 / 100
        Very Walkable
        27 / 100
        Some Transit
        44 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Franklin Elementary
        • Middle: Freedom Middle School
        • High: Franklin High School

        Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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