219 Ribbon Ln, Franklin, TN 37064
219 Ribbon Ln, Franklin, TN 37064, Pending at $559,999 ($337/sq ft). 2 bd · 2.5 ba (2 full, 1 half) · 1,662 sqft · $337/sqft · 0.09 ac.
219 Ribbon Ln, Franklin, TN 37064, Pending at $559,999 ($337/sq ft). 2 bd · 2.5 ba (2 full, 1 half) · 1,662 sqft · $337/sqft · 0.09 ac.
Pending · $559,999
MLS #3544104 · listed August 15, 2025 · 388 days on market · updated September 8, 2026
2-bed, 2.5-bath condo at 219 Ribbon Ln in Avondale Cottages, downtown, midtown, Franklin, 1,662 sqft, $559,999 ($337/sqft), by KKI Ventures, INC dba Marshall Reddick Real Estate.
Status: this condo is currently under contract, per Realtracs as of September 8, 2026.
219 Ribbon Ln is a 2-bedroom, 2.5-bath condo in Franklin, TN 37064, offered at $559,999, about $337/sq ft across 1,662 sq ft.
At $337/sq ft, this condo is about 14% below the Franklin 37064 median list price per square foot of $390.
Recently sold in Franklin 37064: 174 comparable condos from $369,900 to $750,000, a median of $302/sq ft; this listing at $337/sq ft is about 12% above recent sold prices.
Market read: the Franklin 37064 condos market is balanced as of October 15, 2026, at about 4.2 months of inventory; recent sales have closed near 98.8% of list in the 12 months to October 21, 2026.
All-in, about $3,847/mo at 20% down (7.40% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $745/mo, roughly 19% of the all-in monthly payment.
At the current 7.40% 30-year rate, principal and interest on this condo runs about $3,102/mo; at the 6.77% rate of about three months ago it would be roughly $2,912/mo, so monthly P&I is about $190 higher now.
Next step: ask Grant Hammond anything about 219 Ribbon Ln (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of September 8, 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.
EXCLUSIVE 3.75% INTEREST RATE WITH USE OF PREFERRED LENDER! Welcome to effortless living in the heart of Franklin! Located in the desirable Avondale Cottages community recently built in 2022, this modern 2-bedroom, 2.5-bath townhome offers ~1,662 sq ft of beautifully designed space just steps, or even a quick ride if you take advantage of the community bikes available to residents, from Historic Downtown Franklin. Built with both style and function in mind, this home features luxury finishes throughout, including hardwood floors, stainless steel appliances, marble countertops, and a tile backsplash that adds a refined touch to the kitchen. The "Lock and Leave" lifestyle makes this home ideal for those seeking low-maintenance living without compromising location or comfort. Whether you're commuting to Nashville (just 40 minutes to the airport), heading to Berry Farms (10 minutes away), or exploring the vibrant Franklin scene, you'll enjoy easy highway access in all directions. Tucked in a quiet, well-kept community, this property is highly affordable for the Franklin market and a standout opportunity for buyers who value convenience, modern design, and walkability. Whether you're a first-time buyer, a frequent traveler, an investor, or someone looking to downsize without sacrificing quality, this townhome checks all the boxes. Photos are of staged model unit that is similar to the list unit, but not an exact representation.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 219 Ribbon Ln (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Under contract | |||
| Listed | $559,999 |
Listed August 15, 2025, this listing was on the market 388 days before it went under contract. It has been under contract since September 7, 2026.
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 219 Ribbon Ln at $559,999: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $559,999 |
|---|---|
| HOA dues | $220 / 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 219 Ribbon Ln is about $3,847/mo, 20% down on a 30-year fixed at 7.40% (a conforming loan), including principal & interest $3,102, estimated property tax $183, homeowners insurance $342, and HOA dues $220. Estimate only; not a loan offer.
| Principal & interest | $3,102/mo |
|---|---|
| Property tax (est.) | $183/mo |
| Homeowners insurance (est.) | $342/mo |
| HOA dues | $220/mo |
| Estimated total | $3,847/mo |
Assumes 20% down, 30-year fixed at 7.40% (Mortgage News Daily, as of October 20, 2026). Property tax uses the Franklin, Williamson County rate outside the Franklin Special School District (FSSD addresses add $0.7673 per $100) 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 |
|---|---|---|---|
| 6.40% | $2,802/mo | $3,547/mo | -$300/mo |
| 6.90% | $2,951/mo | $3,696/mo | -$151/mo |
| 7.40% | $3,102/mo | $3,847/mo | current |
| 7.90% | $3,256/mo | $4,001/mo | +$154/mo |
| 8.40% | $3,413/mo | $4,158/mo | +$311/mo |
Principal & interest on a 30-year fixed at 20% down ($447,999 loan), with property tax, insurance, and HOA held constant at $745/mo. Current 30-year fixed 7.40% (Mortgage News Daily, as of October 20, 2026). Estimate only; not a loan offer.
Owning 219 Ribbon Ln runs about $3,847/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 | $220 / mo (about 6% of the estimated total payment) |
|---|---|
| HOA per year | $2,640 |
| HOA over 5 years | $13,200 (at current dues) |
| Effective carrying cost | $2.315 / sq ft / mo (estimated total over 1,662 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 $359,100 trails the $559,999 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,406 now to roughly $2,192 (appraised value times the 25% Tennessee residential ratio times the Franklin, Williamson County rate outside the Franklin Special School District (FSSD addresses add $0.7673 per $100)). 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 | $337 | $383 median | - |
| Price position | 33rd pctile | -12% vs median | - |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 24, 2026.
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 21, 2026.
Among the active condos in Franklin 37064, this condo at $337/sq ft falls in the 33rd percentile on price per square foot.
Computed by Grant Hammond from the active Franklin 37064 comparables (Realtracs via IDX), as of October 24, 2026, refreshed weekly.
| Active listings | 103 in Franklin 37064 condos |
|---|---|
| Recent absorption | about 24.5 sales / mo |
| Months of inventory | 4.2 months, a balanced market |
Over the past 12 months, homes in Franklin 37064 condos sold at about 98.8% of list price.
Recorded sales in Franklin 37064 condos: 296 in the past 12 months.
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 October 15, 2026.
219 Ribbon Ln sits in Avondale Cottages, downtown, midtown, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $390 per square foot; inventory in Franklin 37064 condos is running at about 4.2 months, a balanced market; recent sales closed near 98.8% of list price; 174 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 21, 2026.
Approximately 18 miles from downtown Nashville (straight-line distance).
219 Ribbon Ln is zoned for Poplar Grove K-4, 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 219 Ribbon Ln - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 219 Ribbon Ln, by price and size.
Listed by Clayton Hines, KKI Ventures, INC dba Marshall Reddick Real Estate. 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 luxury condo HOA fees carried at closing rose from $667 to $834 a month across 6 downtown towers, 2024 to 2026. Building by building.
The Gulch condo market read for late May 2026: building-by-building active inventory across Twelve Twelve, Terrazzo, Pullman, and Icon, trailing 60-day closing patterns, and what the stalled pipeline means for resale pricing.
I sold condos at downtown Nashville towers for 25 years. Here is what I see in the four stalled SoBro and Midtown projects the Nashville Business Journal could not capture: Park Place, MidCity, Reed District, and the St. Regis.
Nashville mortgage rates fell 11 basis points to 7.37% on the 30-year fixed for the week ending October 16, 2026, even as September inflation ran hot. Here is what moved rates, what the drop is worth on a $400,000 loan, and my lock call for the week.
As of the latest update (September 8, 2026), 219 Ribbon Ln, Franklin is under contract and no longer being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
219 Ribbon Ln was listed on August 15, 2025 and went under contract on September 7, 2026, after 388 days on the market, per Realtracs.
No. The asking price has been $559,999 since it was listed on August 15, 2025.
219 Ribbon Ln, Franklin is listed at $559,999, about $337 per square foot across 1,662 square feet.
2 bedrooms and 2.5 bathrooms (2 full, 1 half).
About $337 per square foot ($559,999 across 1,662 sqft).
219 Ribbon Ln, Franklin was built in 2022.
Yes, 1 garage spaces, per the listing.
HOA dues are $220 per month, as listed.
219 Ribbon Ln, Franklin is in the Avondale Cottages, downtown, midtown subdivision of Franklin.
About $3,847 a month with 20% down on a 30-year fixed at 7.40%, principal and interest $3,102, estimated property tax $183, insurance $342, and HOA $220. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
219 Ribbon Ln, Franklin is zoned for Poplar Grove K-4, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
HOA dues are $220 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
At $337 per square foot, 219 Ribbon Ln, Franklin is in the 32nd percentile of active listings in the Franklin 37064, about 14% below the $390 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 and 350+ Nashville high-rise condo sales. Use the tour or question form on this page.
At about $337 per square foot, 219 Ribbon Ln, Franklin ranks in the 32nd percentile of active Franklin 37064 listings by price per square foot, roughly 14% below the Franklin 37064 median; recent comparable sales in Franklin 37064 closed near $302 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37064 condos market is currently balanced, at about 4.2 months of inventory; recent sales have closed near 98.8% of list price over the past year, per Realtracs as of October 15, 2026.
Thinking of selling in Avondale Cottages, downtown, midtown?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.
