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Sold for $450,000
  • $450,000

    405 N Petway St, Franklin, TN 37064

    2beds
    720sqft
    Single Family Residence
    Built in 1948
    6,534 Square Feet Lot
    $461,000 Zestimate®
    $625/sqft
    $2,107 Estimated rent

    Home value

    $461,000

    $433,000 - $489,000

    $2,107/mo

    Zestimate® history
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    What's special

    Modern quartz countertopsPrivate fenced backyardLow maintenance yard spaceMature treesStainless steel appliancesUpdated kitchenBrightly painted interiors
    Welcome to your perfect home in one of Franklin's most sought-after locations! Property is zoned for residential and commercial use making it the perfect investment property for your portfolio, giving you so many options to live, work, or play! Just a short walk or bike ride to the vibrant Downtown Franklin and nestled right next to the scenic Jim Warren Park, this cozy 2-bedroom, 1-bath home offers comfort, convenience, and charm. Step inside to discover brightly painted interiors in a soothing off-white tone, complemented by gleaming hardwood floors throughout. The updated kitchen is a chef's dream with modern quartz countertops and stainless steel appliances, including a refrigerator, range, and built in microwave. The bathroom features a stunning, fully tiled space with a luxurious 3x5 marble shower and frameless glass door for a spa-like experience. With approximately 750 sq. ft. of thoughtfully designed living space, this home includes a living room, kitchen, and a utility closet for added convenience. Stay comfortable year-round with a newer HVAC system for heating and cooling. The private, fenced backyard is a true oasis, complete with mature trees and a spacious wooden storage shed outfitted with double doors, storage racks, overhead lighting, and power. Enjoy outdoor living with a low maintenance yard space with enough space for the whole family. Don't miss out on this gem and schedule your appointment today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Drew Carey 423-618-3739,

    EXP Realty, LLC

    Bought with:

    Comps Non Member Licensee

    COMPS ONLY

    Source: Greater Chattanooga Realtors,MLS#: 1504960

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: First
    Bedroom
    • Level: First
    Bathroom
    • Level: First
    Kitchen
    • Level: First
    Living room
    • Level: First
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Built-In Electric Range, Built-In Electric Oven, Built-In Range, Cooktop, Dishwasher, Electric Cooktop, Electric Oven, Electric Range
    Features
    • Eat-in Kitchen, Plumbed, Split Bedrooms
    • Flooring: Hardwood, Tile
    • Windows: Insulated Windows, Vinyl Frames
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 720
    • Total interior livable area: 720 sqft
    • Finished area above ground: 720

    Property

    Parking
    • Parking features: Gravel, Off Street, Kitchen Level
    Features
    • Stories: 1
    • Patio & porch: None
    • Exterior features: Private Yard
    • Fencing: Back Yard,Fenced,Gate,Privacy,Wood
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 70 x 90
    • Features: Back Yard, Landscaped, Level, Private
    Details
    • Additional structures: Outbuilding, Shed(s), Workshop
    • Parcel number: 078g C 012.00 000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Historic District, Park, Street Lights
    • Security: Smoke Detector(s)
    • Subdivision: Lyndhurst
    HOA
    • Has HOA: No
    Location
    • Region: Franklin

    Financial & listing details

    • Price per square foot: $625/sqft
    • Tax assessed value: $437,400
    • Annual tax amount: $1,498
    • Date on market: 5/5/2025
    • Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    5/29/2025Sold$450,000-15.9%$625/sqft
    Source: Greater Chattanooga Realtors #1504960 Report a problem
    5/5/2025Contingent$535,000$743/sqft
    Source: Greater Chattanooga Realtors #1504960 Report a problem
    2/26/2025Price change$535,000-2.7%$743/sqft
    Source: Greater Chattanooga Realtors #1504960 Report a problem
    1/9/2025Listed for sale$550,000+91.8%$764/sqft
    Source: Greater Chattanooga Realtors #1504960 Report a problem
    8/12/2021Sold$286,700$398/sqft
    Source: Public Record Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    4/30/2020Listing removed$1,450$2/sqft
    Source: Owner Report a problem
    4/28/2020Listed for rent$1,450$2/sqft
    Source: Owner Report a problem
    5/7/2019Listing removed$1,450$2/sqft
    Source: Owner Report a problem
    5/1/2019Listed for rent$1,450$2/sqft
    Source: Owner Report a problem
    4/25/2018Listing removed$1,450$2/sqft
    Source: Owner Report a problem
    4/22/2018Listed for rent$1,450+5.5%$2/sqft
    Source: Owner Report a problem
    10/6/2017Listing removed$1,375$2/sqft
    Source: Owner Report a problem
    10/6/2017Listed for rent$1,375$2/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,256 +44.6%$109,350 +98.5%
    2024$1,560 +4.1%$55,075
    2023$1,499 $55,075
    2022$1,499 $55,075
    2021$1,499 +50.1%$55,075 +77.9%
    2020$999 $30,950
    2019$999 +2.3%$30,950
    2018$977 $30,950
    2017$977 $30,950
    2016-- $30,950 +40.8%
    2015-- $21,975
    2014-- $21,975
    2013-- $21,975
    2012-- $21,975
    2011-- $21,975 +3.3%
    2007$745 +1.2%$21,270
    2006$737 +8%$21,270 +29%
    2005$682 +2.7%$16,483
    2004$664 -4.3%$16,483
    2002$694 $16,483
    2001-- $16,483 -75%
    2000-- $65,931
    Find assessor info on the county website

    Neighborhood: Central Franklin

    Nearby schools

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

    Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $461,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $461,000