114 Velena St, Franklin, TN 37064
114 Velena St, Franklin, TN 37064, Conditional at $364,900 ($349/sq ft). 2 bd · 2 ba · 1,046 sqft · $349/sqft · 0.03 ac.
114 Velena St, Franklin, TN 37064, Conditional at $364,900 ($349/sq ft). 2 bd · 2 ba · 1,046 sqft · $349/sqft · 0.03 ac.
Conditional · $364,900
MLS #3170995 · updated 2026-06-03 · listed with Parks Compass
2-bed, 2-bath condo at 114 Velena St in Rucker Park, Franklin, 1,046 sqft, $364,900 ($349/sqft), by Parks Compass.
114 Velena St is a 2-bedroom, 2-bath condo in Franklin, TN 37064, offered at $364,900, about $349/sq ft across 1,046 sq ft.
At $349/sq ft, this condo is about 13% below the Franklin 37064 median list price per square foot of $400.
Market read: Franklin 37064 condos is a buyer-favored market at about 10.2 months of inventory.
Next step: ask Grant Hammond anything about 114 Velena St (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-06-03. RealTracs via IDX.
This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.
Less than 2 miles to downtown Franklin with a brand-new roof (2025) and true one-level living, this is the kind of location and layout buyers wait for. This 2 bed, 2 bath home is move-in ready with fresh interior paint, no carpet, and an efficient 1,046 sqft floor plan that lives bigger than it looks. Vaulted ceilings, crown molding, and chair railing add character, while the kitchen delivers granite countertops, under-cabinet lighting, and stainless appliances. The primary suite includes a large walk-in closet, and outdoor storage gives you the extra space you'll actually use. Set near everyday shopping and Franklin Transit, it's an easy option for first-time buyers, professionals, or investors wanting proximity to the heart of town. Locals know being this close to Main Street means planning around festival weekends like Pumpkinfest, but also enjoying it whenever you want. Quick access, easy living, and a price point that's getting harder to find this close in. Opportunities this close to downtown Franklin with these updates tend to get attention quickly, reach out if you want a closer look.
Listing remarks courtesy of Parks Compass via RealTracs.
| Metric | This condo | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $349 | $400 median | - |
| Price position | 34th pctile | +9% vs median | - |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-18. Analysis, not an appraisal.
At $349/sq ft, this condo ranks in the 34th percentile of the active condos in Franklin 37064 by price per square foot.
Franklin 37064 trades about 9% above greater Franklin on a price-per-square-foot basis.
Taken together, this condo reads toward the higher end per square foot for Franklin 37064.
Computed by Grant Hammond from the active Franklin 37064 comparables (RealTracs via IDX), as of 2026-07-18, refreshed weekly. Analysis, not an appraisal.
| Active listings | 234 in Franklin 37064 condos |
|---|---|
| Recent absorption | about 22.9 sales / mo |
| Months of inventory | 10.2 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37064 condos. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37064 condos closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 114 Velena St at $364,900: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $364,900 |
|---|---|
| HOA dues | $215 / mo |
| HOA fee includes | Confirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost. |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $262,100 trails the $364,900 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,046 now to roughly $1,456 (appraised value times the 25% Tennessee residential ratio times the Franklin, Williamson County rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Williamson County Assessor of Property and Trustee. Estimate only.
Last sale and county assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Dated history for this listing, tracked by the GH Market Engine.
114 Velena St sits in Rucker Park, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $400 per square foot; inventory is running at about 10.2 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-18. Market data, not an appraisal.
114 Velena St is zoned for Franklin Elementary, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
As of the latest update (2026-06-03), 114 Velena St, Franklin is conditional, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
114 Velena St, Franklin is listed at $364,900, about $349 per square foot across 1,046 square feet.
2 bedrooms and 2 ba.
About $349 per square foot ($364,900 across 1,046 sqft).
114 Velena St, Franklin was built in 2016.
No garage is reported in the listing.
HOA dues are $215 per month, as listed.
114 Velena St, Franklin is in the Rucker Park subdivision of Franklin.
114 Velena St, Franklin is zoned for Franklin Elementary, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
HOA dues are $215 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
On a fee-adjusted price-per-square-foot basis within the building, so units compare on true carrying cost rather than raw list price.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $349 per square foot, 114 Velena St, Franklin ranks in the 34th percentile of active Franklin 37064 listings by price per square foot, roughly 13% below the Franklin 37064 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Franklin 37064 is currently a buyer-favored market (ample supply), at about 10.2 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 114 Velena St (reference).
Get the full details, recent comparable sales, and any off-market options for 114 Velena St - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with Parks Compass. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Market guidance by Grant Hammond, Compass RE, 25+ years, $1B+ in Middle Tennessee sales.
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