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  • $699,000

    7120 Wallace Rd, Fairview, TN 37062

    3beds
    1,806sqft
    Single Family Residence, Residential
    Built in 1958
    1.59 Acres Lot
    $699,100 Zestimate®
    $387/sqft
    $2,195 Estimated rent

    Home value

    $699,100

    $664,000 - $734,000

    $2,195/mo

    Zestimate® history
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    What's special

    Covered porchSmeg gas ovenExpansive backyardMature treesShiplap accentsStone cottageFarmhouse sink
    This charming 1958 stone cottage has been thoughtfully transformed into a stunning modern farmhouse, blending timeless character with elevated, high-end finishes. From the moment you step inside, the details stand out—shiplap accents, a farmhouse sink, Sub-Zero refrigerator, and Smeg gas oven create a warm yet sophisticated space designed for both everyday living and entertaining. Situated on a private 1.59-acre lot with mature trees and 246’ of road frontage, this property presents a rare combination of space, privacy, and natural beauty. Enjoy quiet mornings or evenings on the covered porch overlooking the expansive backyard, complete with seasonal lake views in the winter. The property also includes a prepared drainage pad suitable for a future barn or additional outbuilding, with flexibility for a range of uses. Currently operating as an Airbnb, the property provides flexibility for use as an investment property or a private single-family residence. Opportunities like this are increasingly limited. Located in Fairview, a rapidly developing area with significant new construction and infrastructure underway, and just minutes from Franklin and Bellevue. A unique property combining character, privacy, and versatility.

    Zillow last checked:

    Listing updated:

    Listed by:

    Steve Koleno 804-656-5007,

    Beycome Brokerage Realty, LLC

    Bought with:

    Tara Copps, 336251

    The Ashton Real Estate Group of RE/MAX Advantage

    Nonmls

    Realtracs, Inc.

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3184001MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bedrooms: 3
    Heating
    • Electric, Heat Pump
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Oven, Gas Range, Dishwasher, Disposal, Dryer
    Features
    • Air Filter, Ceiling Fan(s), Open Floorplan, Smart Thermostat, Walk-In Closet(s)
    • Flooring: Wood, Tile
    • Basement: Crawl Space
    Interior area
    • Total structure area: 1,806
    • Total interior livable area: 1,806 sqft
    • Finished area above ground: 1,806

    Property

    Features
    • Levels: One
    • Stories: 1
    • Exterior features: Smart Lock(s)
    Lot
    • Size: 1.59 Acres
    Details
    • Parcel number: 094023 04000 00001023
    • Special conditions: Standard
    • Other equipment: Air Purifier

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Hardboard Siding, Stone
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Water Available

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Fairview

    Financial & listing details

    • Price per square foot: $387/sqft
    • Tax assessed value: $599,000
    • Annual tax amount: $1,502
    • Date on market: 4/28/2026
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/22/2026Sold$699,000$387/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3184001 Report a problem
    6/2/2026Pending sale$699,000$387/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3184001 Report a problem
    5/28/2026Price change$699,000-3.6%$387/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3184001 Report a problem
    4/29/2026Listed for sale$725,000+61.1%$401/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3184001 Report a problem
    7/28/2020Sold$450,000$249/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2162108 Report a problem
    7/5/2020Price change$450,000+20%$249/sqft
    Source: Leipers Fork Group with Keller Williams Realty #2162108 Report a problem
    7/1/2020Listed for sale$375,000+150%$208/sqft
    Source: Leipers Fork Group with Keller Williams Realty #2162108 Report a problem
    2/21/2017Sold$150,000$83/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,831 -4.6%$149,750 +39%
    2024$2,969 $107,700
    2023$2,969 $107,700
    2022$2,969 $107,700
    2021$2,969 +88.9%$107,700 +112.2%
    2020$1,572 $50,750
    2019$1,572 +85.8%$50,750 +81.6%
    2018$846 $27,950
    2017$846 $27,950
    2016-- $27,950 -0.4%
    2015-- $28,075
    2014-- $28,075
    2013-- $28,075
    2012-- $28,075
    2011-- $28,075 +21.5%
    2007$684 $23,110
    2006$684 -6.4%$23,110 +14.8%
    2005$731 +3.4%$20,137
    2004$707 $20,137
    2002$707 $20,137
    2001-- $20,137 -75%
    2000-- $80,548
    Find assessor info on the county website

    Neighborhood: 37062

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Westwood Elementary School
    • Middle: Fairview Middle School
    • High: Fairview 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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    Estimated market value
    $699,100
    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
    $699,100