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Under contract - not showing
  • Price cut: $26K (5/28)
    $699,000

    7120 Wallace Rd, Fairview, TN 37062

    3beds
    1,806sqft
    : 
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    Single Family Residence, Residential
    Built in 1958
    1.59 Acres Lot
    $-- Zestimate®
    $387/sqft
    $-- HOA

    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.
    47 days
    |
    1,308
    |
    127
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Steve Koleno 804-656-5007,

    Beycome Brokerage Realty, LLC 804-656-5007

    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
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        Estimated market value

        Not available

        Estimated sales range

        Not available

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        Price history

        DateEventPrice
        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

        Monthly payment

        Est. payment

          Payment breakdown

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          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: 37062

          Getting around

          21 / 100
          Car-Dependent
          4 / 100
          Somewhat Bikeable

          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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