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155 Ormesby Pl, Franklin, TN 37064

155 Ormesby Pl, Franklin, TN 37064, Active at $610,000 ($319/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 1,912 sqft · $319/sqft · 0.05 ac.

Active · $610,000

3 beds2.5 baths1,912 sq ft$319 /sq ft0.05 acres

MLS #3597932 · listed September 13, 2026 · 41 days on market · updated September 23, 2026

3-bed, 2.5-bath condo at 155 Ormesby Pl in Millgate, Franklin, 1,912 sqft, $610,000 ($319/sqft), by Compass.

The quick read

155 Ormesby Pl is a 3-bedroom, 2.5-bath condo in Franklin, TN 37064, offered at $610,000, about $319/sq ft across 1,912 sq ft.

At $319/sq ft, this condo is about 18% below the Franklin 37064 median list price per square foot of $388.

Recently sold in Franklin 37064: 170 comparable condos from $399,900 to $815,000, a median of $315/sq ft; this listing at $319/sq ft is about 1% 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 22, 2026.

All-in, about $4,410/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 $1,031/mo, roughly 23% of the all-in monthly payment.

At the current 7.40% 30-year rate, principal and interest on this condo runs about $3,379/mo; at the 6.77% rate of about three months ago it would be roughly $3,172/mo, so monthly P&I is about $207 higher now.

Next step: ask Grant Hammond anything about 155 Ormesby Pl (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of September 23, 2026. Realtracs via IDX.

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

Description of 155 Ormesby Pl

Imagine living just minutes from Historic Downtown Franklin in a peaceful, gated neighborhood where everyday convenience meets a relaxed sense of community. This inviting Millgate townhome offers a main-level primary suite, hardwood floors, a cozy fireplace, a versatile upstairs loft, two additional bedrooms, and a two-car garage. Out back, the patio opens to a large grassy common area, providing a beautiful backdrop and added space to enjoy with your four-legged companion. The home offers a wonderful opportunity to personalize the finishes and create a space that reflects your own style. Sidewalks, mature landscaping, and charming community spaces add to the neighborhood's appeal, while the HOA covers grounds and exterior maintenance for an easier, low-maintenance lifestyle. Conveniently located near Downtown Franklin, The Factory, Cool Springs, shopping, dining, and I-65, this is an opportunity to make Millgate your own.

Listing remarks via the Realtracs Internet Data Exchange.

What the listing photos show

The listing photos show a two-story brick townhome in a gated community in Franklin, with white columns, a covered lower porch and a second-floor balcony. Dormer windows sit above the upper level, and the grounds include a lawn, clipped shrubs and mature trees. Stone gate pillars, black iron gates and a paved drive frame the entrance to the neighborhood.

Seen in the photos: brick exterior, covered front porch, second-floor balcony, dormer windows, white columns, gated entrance, stone gate pillars, landscaped lawn.

Described from the Realtracs listing photos; measurements, counts and features per the listing and county records on this page.

Highlights

2-car garageBuilt 2005Gated

Full property details

Complete reported fields for 155 Ormesby Pl (reference).

MLS #3597932
StatusActive
Price$610,000
Price / sqft$319
Bedrooms3
Bathrooms2.5 (2 full, 1 half)
Living area1,912 sqft
Lot size0.05 acres
Year built2005
All 31 property fields
Garage spaces2
Stories2
HeatingCentral, Natural Gas
CoolingYes
BasementNone
ConstructionBrick
ParkingGarage Door Opener, Detached
Annual taxes$3,527
AppliancesBuilt-In Electric Range, Dishwasher, Microwave
Interior featuresCeiling Fan(s), Entrance Foyer
FireplaceYes
Water sourcePublic
SewerPublic Sewer
UtilitiesNatural Gas Available, Water Available
Garage typeYes
HOA dues$475 / mo
SubdivisionMillgate
CountyWilliamson
AmenitiesMaintenance Grounds, Maintenance Structure
ListedSeptember 13, 2026
Days on market41
UpdatedSeptember 23, 2026

Listing activity

DateEventPriceChange
Listed$610,000
Deed recorded$229,500

Listed September 13, 2026, this listing has been on the market 41 days as of October 24, 2026. The asking price has not changed since it was listed.

  • Listed at $610,000, about 166% above the last recorded sale ($229,500, February 1, 2011).
  • 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 155 Ormesby Pl at $610,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$610,000
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 155 Ormesby Pl, Franklin

Estimated total monthly payment for 155 Ormesby Pl is about $4,410/mo, 20% down on a 30-year fixed at 7.40% (a conforming loan), including principal & interest $3,379, estimated property tax $199, homeowners insurance $357, and HOA dues $475. Estimate only; not a loan offer.

Principal & interest$3,379/mo
Property tax (est.)$199/mo
Homeowners insurance (est.)$357/mo
HOA dues$475/mo
Estimated total$4,410/mo
7.61%6.13%7.4%February 19, 2025October 20, 2026
30-year fixed ranged 6.13% to 7.61% over the last 104 readings, currently 7.40% (Mortgage News Daily, as of October 20, 2026).

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.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
6.40%$3,052/mo$4,083/mo-$327/mo
6.90%$3,214/mo$4,245/mo-$165/mo
7.40%$3,379/mo$4,410/mocurrent
7.90%$3,547/mo$4,578/mo+$168/mo
8.40%$3,718/mo$4,749/mo+$339/mo

Principal & interest on a 30-year fixed at 20% down ($488,000 loan), with property tax, insurance, and HOA held constant at $1,031/mo. Current 30-year fixed 7.40% (Mortgage News Daily, as of October 20, 2026). Estimate only; not a loan offer.

Buy versus rent, 155 Ormesby Pl

Owning 155 Ormesby Pl runs about $4,410/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$2.306 / sq ft / mo (estimated total over 1,912 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 $610,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,449 now to roughly $2,388 (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.

How this condo is priced in its building

How 155 Ormesby Pl compares in Franklin 37064

MetricThis condoFranklin 37064 activeRecently sold
Price / sq ft$319$383 median-
Price position27th pctile-17% 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 22, 2026.

How this condo compares in Franklin 37064

At $319/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 October 24, 2026, refreshed weekly.

Competition & market pace

Active listings103 in Franklin 37064 condos
Recent absorptionabout 24.5 sales / mo
Months of inventory4.2 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: 297 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.

Location & neighborhood

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

Franklin 37064 market snapshot

In Franklin 37064, homes there are priced around $388 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; 170 sales have been recorded in the past year.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 22, 2026.

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

Assigned schools

155 Ormesby Pl is zoned for Liberty Elementary, Freedom Intermediate, 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 Intermediate

Ask Grant about 155 Ormesby Pl

Get the full details, recent comparable sales, and any off-market options for 155 Ormesby Pl - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

Preferred tour time (optional)

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Similar & nearby

Similar listings nearby

Comparable listings near 155 Ormesby Pl, by price and size.

Listed by Jeannie Bankins, 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.

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Popular searches in Franklin

Frequently asked questions about 155 Ormesby Pl

Is 155 Ormesby Pl, Franklin still for sale?

As of the latest update (September 23, 2026), 155 Ormesby Pl, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 155 Ormesby Pl been on the market?

155 Ormesby Pl was listed on September 13, 2026 and has been on the market 41 days as of October 24, 2026, per Realtracs.

Has the price of 155 Ormesby Pl changed?

No. The asking price has been $610,000 since it was listed on September 13, 2026.

What do the photos of 155 Ormesby Pl, Franklin show?

The listing photos show a two-story brick townhome in a gated community in Franklin, with white columns, a covered lower porch and a second-floor balcony. Features seen in the photos include brick exterior, covered front porch, second-floor balcony, dormer windows, white columns and gated entrance. Described from the Realtracs listing photos.

How much does 155 Ormesby Pl, Franklin cost?

155 Ormesby Pl, Franklin is listed at $610,000, about $319 per square foot across 1,912 square feet.

How many bedrooms and bathrooms does 155 Ormesby Pl, Franklin have?

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

What is the price per square foot?

About $319 per square foot ($610,000 across 1,912 sqft).

When was 155 Ormesby Pl, Franklin built?

155 Ormesby Pl, Franklin was built in 2005.

Does 155 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 155 Ormesby Pl, Franklin in?

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

What is the estimated monthly payment for 155 Ormesby Pl, Franklin?

About $4,410 a month with 20% down on a 30-year fixed at 7.40%, principal and interest $3,379, estimated property tax $199, insurance $357, 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 155 Ormesby Pl, Franklin zoned for?

155 Ormesby Pl, Franklin is zoned for Liberty Elementary, Freedom Intermediate, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.

What do the HOA dues cover at 155 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 155 Ormesby Pl, Franklin priced versus the building?

At $319 per square foot, 155 Ormesby Pl, Franklin is in the 25th percentile of active listings in the Franklin 37064, about 18% below the $388 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 155 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 155 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 155 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 155 Ormesby Pl, Franklin?

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.

How is 155 Ormesby Pl, Franklin priced compared to the market?

At about $319 per square foot, 155 Ormesby Pl, Franklin ranks in the 25th percentile of active Franklin 37064 listings by price per square foot, roughly 18% below the Franklin 37064 median; recent comparable sales in Franklin 37064 closed near $315 per square foot. 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 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.

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