120 Ormesby Pl, Franklin, TN 37064
120 Ormesby Pl, Franklin, TN 37064, Conditional at $639,900 ($338/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 1,891 sqft · $338/sqft · 0.07 ac.
120 Ormesby Pl, Franklin, TN 37064, Conditional at $639,900 ($338/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 1,891 sqft · $338/sqft · 0.07 ac.
Conditional · $639,900
MLS #3234598 · listed June 19, 2026 · 36 days on market · updated July 9, 2026
3-bed, 2.5-bath condo at 120 Ormesby Pl in Millgate, Franklin, 1,891 sqft, $639,900 ($338/sqft), by Compass Tennessee, LLC.
120 Ormesby Pl is a 3-bedroom, 2.5-bath condo in Franklin, TN 37064, offered at $639,900, about $338/sq ft across 1,891 sq ft.
At $338/sq ft, this condo is about 18% below the Franklin 37064 median list price per square foot of $412.
Market read: the Franklin 37064 condos market is buyer-favored, at about 10 months of inventory.
All-in, about $4,351/mo at 20% down (6.68% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $1,054/mo, roughly 24% of the all-in monthly payment.
At the current 6.68% 30-year rate, principal and interest on this condo runs about $3,297/mo; at the 6.277% rate of about three months ago it would be roughly $3,161/mo, so monthly P&I is about $136 higher now.
Next step: ask Grant Hammond anything about 120 Ormesby Pl (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 9, 2026. RealTracs via IDX.
This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.
More context: Nashville condos and building guides.
Complete reported fields for 120 Ormesby Pl (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Last recorded sale | $410,000 | — | |
| Listed | $639,900 | — |
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 120 Ormesby Pl at $639,900: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $639,900 |
|---|---|
| HOA dues | $475 / 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 |
Estimated total monthly payment for 120 Ormesby Pl is about $4,351/mo, 20% down on a 30-year fixed at 6.68% (a conforming loan), including principal & interest $3,297, estimated property tax $213, homeowners insurance $366, and HOA dues $475. Estimate only; not a loan offer.
| Principal & interest | $3,297/mo |
|---|---|
| Property tax (est.) | $213/mo |
| Homeowners insurance (est.) | $366/mo |
| HOA dues | $475/mo |
| Estimated total | $4,351/mo |
Assumes 20% down, 30-year fixed at 6.68% (Freddie Mac PMMS, as of 2026-07-23). Property tax uses the Franklin, Williamson County rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 5.68% | $2,965/mo | $4,019/mo | -$332/mo |
| 6.18% | $3,129/mo | $4,183/mo | -$168/mo |
| 6.68% | $3,297/mo | $4,351/mo | current |
| 7.18% | $3,468/mo | $4,522/mo | +$171/mo |
| 7.68% | $3,643/mo | $4,697/mo | +$346/mo |
Principal & interest on a 30-year fixed at 20% down ($511,920 loan), with property tax, insurance, and HOA held constant at $1,054/mo. Current 30-year fixed 6.68% (Freddie Mac PMMS, as of 2026-07-23). Estimate only; not a loan offer.
Owning 120 Ormesby Pl runs about $4,351/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
| HOA dues | $475 / mo (about 11% of the estimated total payment) |
|---|---|
| HOA per year | $5,700 |
| HOA over 5 years | $28,500 (at current dues) |
| Effective carrying cost | $2.301 / sq ft / mo (estimated total over 1,891 sq ft) |
HOA dues are part of true monthly cost and typically cover items such as building insurance, exterior maintenance, and amenities; coverage varies by building. Dues can change and buildings may levy special assessments, so review the current budget, reserve study, and any planned assessments before offering. Figures use current dues; estimate only, not a loan offer.
The Williamson County appraised value of $368,900 trails the $639,900 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,472 now to roughly $2,553 (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.
| Metric | This condo | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $338 | $412 median | - |
| Price position | 29th pctile | -18% vs median | - |
| Franklin 37064 vs greater Franklin | - | +12% | - |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
At $338/sq ft, this condo ranks in the 29th percentile of the active condos in Franklin 37064 by price per square foot.
Franklin 37064 trades about 12% above greater Franklin on a price-per-square-foot basis.
Taken together, this condo reads toward the lower end per square foot for Franklin 37064.
Computed by Grant Hammond from the active Franklin 37064 comparables (RealTracs via IDX), as of 2026-07-24, refreshed weekly.
| Active listings | 230 in Franklin 37064 condos |
|---|---|
| Recent absorption | about 23 sales / mo |
| Months of inventory | 10 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 2026-07-22.
120 Ormesby Pl sits in Millgate, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $412 per square foot; inventory in Franklin 37064 condos is running at about 10 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
120 Ormesby Pl is zoned for Liberty 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.
Get the full details, recent comparable sales, and any off-market options for 120 Ormesby Pl - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 120 Ormesby Pl, by price and size.
Listed with Compass Tennessee, LLC. 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.
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As of the latest update (July 9, 2026), 120 Ormesby Pl, Franklin is conditional, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
120 Ormesby Pl, Franklin is listed at $639,900, about $338 per square foot across 1,891 square feet.
3 bedrooms and 2.5 bathrooms (2 full, 1 half).
About $338 per square foot ($639,900 across 1,891 sqft).
120 Ormesby Pl, Franklin was built in 2006.
Yes, 2 garage spaces, per the listing.
HOA dues are $475 per month, as listed.
120 Ormesby Pl, Franklin is in the Millgate subdivision of Franklin.
About $4,351 a month with 20% down on a 30-year fixed at 6.68%, principal and interest $3,297, estimated property tax $213, insurance $366, and HOA $475. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
120 Ormesby Pl, Franklin is zoned for Liberty Elementary, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
HOA dues are $475 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
At $338 per square foot, 120 Ormesby Pl, Franklin is in the 29th percentile of active listings in the Franklin 37064, about 18% below the $412 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
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 $338 per square foot, 120 Ormesby Pl, Franklin ranks in the 29th percentile of active Franklin 37064 listings by price per square foot, roughly 18% below the Franklin 37064 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37064 condos market is currently buyer-favored (ample supply), at about 10 months of inventory, per RealTracs as of 2026-07-22.
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