(615) 945-7123

402 Bembridge Ln, Franklin, TN 37069

402 Bembridge Ln, Franklin, TN 37069, Active at $389,900 ($332/sq ft). 2 bd · 2.5 ba (2 full, 1 half) · 1,173 sqft · $332/sqft · 0.02 ac.

Active · $389,900

2 beds2.5 baths1,173 sq ft$332 /sq ft0.02 acres

MLS #3528783 · updated August 28, 2026

2-bed, 2.5-bath condo at 402 Bembridge Ln in Prescott Place Ph 3 Lot 0402 Subd Fieldstone Farm, Franklin, 1,173 sqft, $389,900 ($332/sqft), by Pilkerton Realtors.

The quick read

402 Bembridge Ln is a 2-bedroom, 2.5-bath condo in Franklin, TN 37069, offered at $389,900, about $332/sq ft across 1,173 sq ft.

At $332/sq ft, this condo is about 8% below the Franklin 37069 median list price per square foot of $360.

Market read: the Franklin 37069 condos market is buyer-favored, at about 8.7 months of inventory.

All-in, about $2,809/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 $773/mo, roughly 28% of the all-in monthly payment.

At the current 6.81% 30-year rate, principal and interest on this condo runs about $2,036/mo; at the 6.56% rate of about three months ago it would be roughly $1,984/mo, so monthly P&I is about $52 higher now.

Next step: ask Grant Hammond anything about 402 Bembridge Ln (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of August 28, 2026. RealTracs via IDX.

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

Description of 402 Bembridge Ln

Beautifully maintained townhome in sought after Fieldstone Farms.Just minutes from Downtown Franklin this home is walkable to Hunters Bend Elementary,Publix and Walgreens. Main level features a Den with fireplace and opens to the kitchen with Dining area. Kitchen has granite,ample cabinets plus a pantry. Half bath is also a plus downstairs. Upstairs you will have 2 bedrooms,each with its own private bath and walk in closets. The laundry is conveniently located upstairs and includes an additional 5x6 area that provides wonderful flexibility to expand the laundry space or create a study or work nook. Step outside to enjoy the privacy of the fenced courtyard. A one car garage also has additional storage space.

Listing remarks via the RealTracs Internet Data Exchange.

Highlights

1-car garageBuilt 1998

Full property details

Complete reported fields for 402 Bembridge Ln (reference).

MLS #3528783
StatusActive
Price$389,900
Price / sqft$332
Bedrooms2
Bathrooms2.5 (2 full, 1 half)
Living area1,173 sqft
Lot size0.02 acres
Year built1998
All 28 property fields
Garage spaces1
Stories2
HeatingCentral
CoolingYes
BasementNone
ConstructionBrick
ParkingAttached
Annual taxes$1,356
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FireplaceYes
Water sourcePublic
SewerPublic Sewer
UtilitiesWater Available
Garage typeAttached Garage, Yes
HOA dues$375 / mo
SubdivisionPrescott Place Ph 3 Lot 0402 Subd Fieldstone Farm
CountyWilliamson
AmenitiesMaintenance Structure, Water
UpdatedAugust 28, 2026

Listing activity

No price changes or prior sales are on record for 402 Bembridge Ln yet; the GH Market Engine tracks this listing and will show dated activity as it occurs.

Cost of ownership

Estimated monthly ownership for 402 Bembridge Ln at $389,900: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$389,900
HOA dues$375 / 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 402 Bembridge Ln, Franklin

Estimated total monthly payment for 402 Bembridge Ln is about $2,809/mo, 20% down on a 30-year fixed at 6.81% (a conforming loan), including principal & interest $2,036, estimated property tax $106, homeowners insurance $292, and HOA dues $375. Estimate only; not a loan offer.

Principal & interest$2,036/mo
Property tax (est.)$106/mo
Homeowners insurance (est.)$292/mo
HOA dues$375/mo
Estimated total$2,809/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 Williamson County (unincorporated) 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%$1,832/mo$2,605/mo-$204/mo
6.31%$1,933/mo$2,706/mo-$103/mo
6.81%$2,036/mo$2,809/mocurrent
7.31%$2,141/mo$2,914/mo+$105/mo
7.81%$2,248/mo$3,021/mo+$212/mo

Principal & interest on a 30-year fixed at 20% down ($311,920 loan), with property tax, insurance, and HOA held constant at $773/mo. Current 30-year fixed 6.81% (Mortgage News Daily, as of August 28, 2026). Estimate only; not a loan offer.

Buy versus rent, 402 Bembridge Ln

Owning 402 Bembridge Ln runs about $2,809/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$375 / mo (about 13% of the estimated total payment)
HOA per year$4,500
HOA over 5 years$22,500 (at current dues)
Effective carrying cost$2.395 / sq ft / mo (estimated total over 1,173 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.

How this condo is priced in its building

How 402 Bembridge Ln compares in Franklin 37069

MetricThis condoFranklin 37069 activeRecently sold
Price / sq ft$332$360 median-
Price position33rd pctile-8% vs median-

This listing beside the active Franklin 37069 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of August 30, 2026.

How this condo compares in Franklin 37069

At $332/sq ft, this condo ranks in the 33rd percentile of the 159 active condos in Franklin 37069 by price per square foot.

Computed by Grant Hammond from 159 Franklin 37069 comparables (RealTracs via IDX), as of August 30, 2026, refreshed weekly.

Competition & market pace

Active listings16 in Franklin 37069 condos
Recent absorptionabout 1.8 sales / mo
Months of inventory8.7 months, a buyer-favored market (ample supply)

Supply-side and recent-sale context for Franklin 37069 condos. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37069 condos closings. Source RealTracs via IDX, as of August 29, 2026.

Location & neighborhood

402 Bembridge Ln sits in Prescott Place Ph 3 Lot 0402 Subd Fieldstone Farm, Franklin, Williamson County.

Franklin 37069 market snapshot

In Franklin 37069, homes there are priced around $360 per square foot; inventory in Franklin 37069 condos is running at about 8.7 months, a buyer-favored market.

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

Approximately 15 miles from downtown Nashville (straight-line distance).

Assigned schools

402 Bembridge Ln is zoned for Hunters Bend Elementary, Grassland Middle School, Franklin High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.

Ask Grant about 402 Bembridge Ln

Get the full details, recent comparable sales, and any off-market options for 402 Bembridge Ln - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

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Similar & nearby

Similar active listings

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Listed with Pilkerton Realtors. 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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Frequently asked questions about 402 Bembridge Ln

Is 402 Bembridge Ln, Franklin still for sale?

As of the latest update (August 28, 2026), 402 Bembridge Ln, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.

How much does 402 Bembridge Ln, Franklin cost?

402 Bembridge Ln, Franklin is listed at $389,900, about $332 per square foot across 1,173 square feet.

How many bedrooms and bathrooms does 402 Bembridge Ln, Franklin have?

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

What is the price per square foot?

About $332 per square foot ($389,900 across 1,173 sqft).

When was 402 Bembridge Ln, Franklin built?

402 Bembridge Ln, Franklin was built in 1998.

Does 402 Bembridge Ln, Franklin have a garage?

Yes, 1 garage spaces, per the listing.

Are there HOA dues?

HOA dues are $375 per month, as listed.

What subdivision is 402 Bembridge Ln, Franklin in?

402 Bembridge Ln, Franklin is in the Prescott Place Ph 3 Lot 0402 Subd Fieldstone Farm subdivision of Franklin.

What is the estimated monthly payment for 402 Bembridge Ln, Franklin?

About $2,809 a month with 20% down on a 30-year fixed at 6.81%, principal and interest $2,036, estimated property tax $106, insurance $292, and HOA $375. 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 402 Bembridge Ln, Franklin zoned for?

402 Bembridge Ln, Franklin is zoned for Hunters Bend Elementary, Grassland Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.

What do the HOA dues cover at 402 Bembridge Ln, Franklin?

HOA dues are $375 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.

How is 402 Bembridge Ln, Franklin priced versus the building?

At $332 per square foot, 402 Bembridge Ln, Franklin is in the 33rd percentile of active listings in the Franklin 37069, about 8% below the $360 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 402 Bembridge Ln, 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 402 Bembridge Ln, 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 402 Bembridge Ln, 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 402 Bembridge Ln, 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 402 Bembridge Ln, Franklin priced compared to the market?

At about $332 per square foot, 402 Bembridge Ln, Franklin ranks in the 33rd percentile of active Franklin 37069 listings by price per square foot, roughly 8% below the Franklin 37069 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Franklin 37069 condos market favoring buyers or sellers?

The Franklin 37069 condos market is currently buyer-favored (ample supply), at about 8.7 months of inventory, per RealTracs as of 2026-08-29.

Thinking of selling in Prescott Place Ph 3 Lot 0402 Subd Fieldstone Farm?

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