(615) 945-7123

153 Ormesby Pl, Franklin, TN 37064

153 Ormesby Pl, Franklin, TN 37064, Active at $614,000 ($321/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 1,914 sqft · $321/sqft · 0.051 ac.

Active · $614,000

3 beds2.5 baths1,914 sq ft$321 /sq ft0.051 acres

MLS #3298455 · listed July 21, 2026 · 41 days on market · updated August 2, 2026

3-bed, 2.5-bath condo at 153 Ormesby Pl in Millgate, Franklin, 1,914 sqft, $614,000 ($321/sqft), by Sell Your Home Services, LLC.

The quick read

153 Ormesby Pl is a 3-bedroom, 2.5-bath condo in Franklin, TN 37064, offered at $614,000, about $321/sq ft across 1,914 sq ft.

At $321/sq ft, this condo is about 18% below the Franklin 37064 median list price per square foot of $391.

Market read: the Franklin 37064 condos market is balanced, at about 5 months of inventory.

All-in, about $4,243/mo at 20% down (6.81% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $1,037/mo, roughly 24% of the all-in monthly payment.

At the current 6.81% 30-year rate, principal and interest on this condo runs about $3,206/mo; at the 6.56% rate of about three months ago it would be roughly $3,124/mo, so monthly P&I is about $82 higher now.

Next step: ask Grant Hammond anything about 153 Ormesby Pl (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of August 2, 2026. RealTracs via IDX.

This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.

Description of 153 Ormesby Pl

Within a gated community just minutes from The Factory and downtown Franklin, this inviting townhome offers charm and convenience. Highlighted by a spacious primary suite, the first floor provides all you need including a cozy living area with fireplace, an open-concept dining space, and a well-appointed kitchen. Outdoors, your private gated patio is the perfect spot for morning coffee. Upstairs, you'll find two additional light-filled bedrooms, a versatile loft area, and ample storage space.

Listing remarks via the RealTracs Internet Data Exchange.

Highlights

2-car garageBuilt 2005Gated

Full property details

Complete reported fields for 153 Ormesby Pl (reference).

MLS #3298455
StatusActive
Price$614,000
Price / sqft$321
Bedrooms3
Bathrooms2.5 (2 full, 1 half)
Living area1,914 sqft
Lot size0.051 acres
Year built2005
All 33 property fields
Garage spaces2
Stories2
HeatingCentral, Fireplace Insert, Natural Gas
CoolingYes
BasementNone
ConstructionBrick
ParkingGarage Door Opener, Garage Faces Rear, Concrete, Driveway, Attached
Annual taxes$3,537
AppliancesElectric Oven, Electric Range
Interior featuresCeiling Fan(s), Walk-In Closet(s)
FireplaceYes
Architectural styleColonial
ViewCity
Water sourcePublic
SewerPublic Sewer
UtilitiesElectricity Available, Natural Gas Available, Water Available, Underground Utilities
Garage typeAttached Garage, Yes
HOA dues$475 / mo
SubdivisionMillgate
CountyWilliamson
AmenitiesInsurance, Maintenance Grounds
ListedJuly 21, 2026
Days on market41
UpdatedAugust 2, 2026

Listing activity

DateEventPriceChange
Last recorded sale$239,900
Listed$614,000
  • Listed at $614,000, about 156% above the last recorded sale ($239,900, April 22, 2005).
  • County assessment: $370,000 total appraised value (land $80,000 + improvements $290,000).

County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.

Cost of ownership

Estimated monthly ownership for 153 Ormesby Pl at $614,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$614,000
HOA dues$475 / mo
HOA fee includesConfirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost.
Property tax basisAssessed value × 25% (TN residential ratio) × the Williamson County rate

Financing 153 Ormesby Pl, Franklin

Estimated total monthly payment for 153 Ormesby Pl is about $4,243/mo, 20% down on a 30-year fixed at 6.81% (a conforming loan), including principal & interest $3,206, estimated property tax $204, homeowners insurance $358, and HOA dues $475. Estimate only; not a loan offer.

Principal & interest$3,206/mo
Property tax (est.)$204/mo
Homeowners insurance (est.)$358/mo
HOA dues$475/mo
Estimated total$4,243/mo
7.25%6.13%6.81%January 14, 2025August 28, 2026
30-year fixed ranged 6.13% to 7.25% over the last 104 readings, currently 6.81% (Mortgage News Daily, as of August 28, 2026).

Assumes 20% down, 30-year fixed at 6.81% (Mortgage News Daily, as of August 28, 2026). 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.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
5.81%$2,885/mo$3,922/mo-$321/mo
6.31%$3,044/mo$4,081/mo-$162/mo
6.81%$3,206/mo$4,243/mocurrent
7.31%$3,371/mo$4,408/mo+$165/mo
7.81%$3,539/mo$4,576/mo+$333/mo

Principal & interest on a 30-year fixed at 20% down ($491,200 loan), with property tax, insurance, and HOA held constant at $1,037/mo. Current 30-year fixed 6.81% (Mortgage News Daily, as of August 28, 2026). Estimate only; not a loan offer.

Buy versus rent, 153 Ormesby Pl

Owning 153 Ormesby Pl runs about $4,243/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.

True cost of ownership, HOA included

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$2.217 / sq ft / mo (estimated total over 1,914 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.

Property-tax outlook

The Williamson County appraised value of $370,000 trails the $614,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,476 now to roughly $2,450 (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.

How this condo is priced in its building

How 153 Ormesby Pl compares in Franklin 37064

MetricThis condoFranklin 37064 activeRecently sold
Price / sq ft$321$391 median-
Price position27th pctile-18% vs median-

This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of August 30, 2026.

How this condo compares in Franklin 37064

At $321/sq ft, this condo ranks in the 27th percentile of the active condos in Franklin 37064 by price per square foot.

Computed by Grant Hammond from the active Franklin 37064 comparables (RealTracs via IDX), as of August 30, 2026, refreshed weekly.

Competition & market pace

Active listings115 in Franklin 37064 condos
Recent absorptionabout 23 sales / mo
Months of inventory5 months, a balanced market

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 August 29, 2026.

Location & neighborhood

153 Ormesby Pl sits in Millgate, Franklin, Williamson County.

Franklin 37064 market snapshot

In Franklin 37064, homes there are priced around $391 per square foot; inventory in Franklin 37064 condos is running at about 5 months, a balanced market.

Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-08-30.

Approximately 17 miles from downtown Nashville (straight-line distance).

Assigned schools

153 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.

Elementary
Liberty Elementary
Middle
Freedom Middle School

Ask Grant about 153 Ormesby Pl

Get the full details, recent comparable sales, and any off-market options for 153 Ormesby Pl - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

Preferred tour time (optional)

Sent straight to Grant Hammond, Compass RE. Used only to respond to your inquiry, never sold or spammed. By submitting, you agree to be contacted about this property.

Similar & nearby

Similar active listings

Comparable active listings near 153 Ormesby Pl, by price and size.

Listed with Sell Your Home Services, 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.

Nashville real estate insights

Read: City Living Versus Suburban Living
City Living Versus Suburban Living

How to choose between living in the city versus living in a suburban area. Cities provide a higher condo density, but can be more expensive for a family.

FHA Condominium Recertification May Hurt Condo Sales

FHA condominium recertification requirements reduced the number of Nashville condo buildings eligible for FHA financing, limiting buyer access and slowing transaction volume.

Encore Condos Holds Open House 12-4-10

Encore Condos in downtown Nashville hosted an open house in December 2010, showcasing remaining inventory and attracting buyers to the established South of Broadway high-rise.

Nashville Condo Inventory Absorption Study

Nashville condo inventory absorption study analyzes months of supply, sales velocity, and price trends across downtown buildings including Icon, Terrazzo, Encore, and Rhythm.

Popular searches in Franklin

Frequently asked questions about 153 Ormesby Pl

Is 153 Ormesby Pl, Franklin still for sale?

As of the latest update (August 2, 2026), 153 Ormesby Pl, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.

How much does 153 Ormesby Pl, Franklin cost?

153 Ormesby Pl, Franklin is listed at $614,000, about $321 per square foot across 1,914 square feet.

How many bedrooms and bathrooms does 153 Ormesby Pl, Franklin have?

3 bedrooms and 2.5 bathrooms (2 full, 1 half).

What is the price per square foot?

About $321 per square foot ($614,000 across 1,914 sqft).

When was 153 Ormesby Pl, Franklin built?

153 Ormesby Pl, Franklin was built in 2005.

Does 153 Ormesby Pl, Franklin have a garage?

Yes, 2 garage spaces, per the listing.

Are there HOA dues?

HOA dues are $475 per month, as listed.

What subdivision is 153 Ormesby Pl, Franklin in?

153 Ormesby Pl, Franklin is in the Millgate subdivision of Franklin.

What is the estimated monthly payment for 153 Ormesby Pl, Franklin?

About $4,243 a month with 20% down on a 30-year fixed at 6.81%, principal and interest $3,206, estimated property tax $204, insurance $358, 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.

What schools is 153 Ormesby Pl, Franklin zoned for?

153 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.

What do the HOA dues cover at 153 Ormesby Pl, Franklin?

HOA dues are $475 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.

How is 153 Ormesby Pl, Franklin priced versus the building?

At $321 per square foot, 153 Ormesby Pl, Franklin is in the 27th percentile of active listings in the Franklin 37064, about 18% below the $391 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

How do I schedule a tour of 153 Ormesby Pl, Franklin?

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.

How do I make an offer on 153 Ormesby Pl, Franklin?

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.

Are more photos and details available for 153 Ormesby Pl, Franklin?

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.

Who can tell me more about 153 Ormesby Pl, Franklin?

Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.

How is 153 Ormesby Pl, Franklin priced compared to the market?

At about $321 per square foot, 153 Ormesby Pl, Franklin ranks in the 27th 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.

Is the Franklin 37064 condos market favoring buyers or sellers?

The Franklin 37064 condos market is currently balanced, at about 5 months of inventory, per RealTracs as of 2026-08-29.

Thinking of selling in Millgate?

Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.

Get your home's value

Ask GrantCallTourPayment