511 Derby Downs, Lebanon, TN 37087 Property Records

Wilson County property record for 511 Derby Downs, Lebanon, TN 37087

Property Summary

Property TypeSingle Family Home
Details5 ba · 4,056 sqft · built 2006
Lot Size0.34 acres (14,843 sqft)
Owner2 Company Names on File
Last Sale$749,900 (Aug 2025)
Tax Bill$3,187 (2025)
Deeds & MortgagesJul 2017 Mortgage
Apr 2019 Line of Credit
Flood ZoneZone X (minimal risk)
APN057P-A-003.00

Property Details

APN / Parcel Number

Primary APN057P-A-003.00
Alternative APNs
  • 03057PA057P00300
  • 095057P A 00300

Interior

Full Baths5 Baths
Plumbing Fixtures15 Plumbing Fixtures
Stories2 Stories
Building Area4,056 sqft Living Area
Gross Area4,872 sqft
1st Floor Area2,413 sqft
Upper Floors Area816 sqft
Basement Area558 sqft
FlooringCarpet
Interior WallsWallboard/Drywall

Exterior

Year BuiltBuilt 2006
Effective Year BuiltEffective 2006
Exterior MaterialBrick
Foundation TypeFooting
Roof TypeGable/Hip
Roof MaterialComposition Shingle
Lot Area14,843 sqft (0.34 acres)
Lot Dimensions221 ft deep x 67.1 ft wide
TerrainRolling
Garage TypeAttached
Garage Area816 sqft
DrivewayDriveway
Driveway Area1 sqft
Parking Spaces3 Parking Spaces

Exterior Amenities

PorchSlab
Porch Area28 sqft
Deck Area210 sqft
Patio Area210 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C
SewerConnected
Water SourceCommercial

Location & Zoning

Street Address511 DERBY DOWNS
CityLEBANON
StateTN
Zip37087-4291
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionIROQUOIS 1 PB 21 PG 988 LOT 3 67.13 X 221.11 IRR
Legal SubdivisionIROQUOIS 1
Legal Lot Number3
JurisdictionWILSON TN
Township / Civil Division23
Census Block Group2
Census Block2025
Census Tract30202

Owner

511 Derby Downs is owned by a company that bought it in August 2025.

Source: Wilson County records, as of May 26, 2026

Owner of Record2 Company Names on File
Mailing Address511 DERBY DOWNS, LEBANON, TN 37087-4291
Owner TypeCompany
VestingLife Tenant

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Jul 14, 2017Deed of Trust, Mortgage · Commercial Mortgage
SUN TRUST BANK
Apr 8, 2019Deed of Trust, Mortgage · Line of Credit
THIRD FSLA OF CLEVELAND

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleAug 21, 2025 · Amount on File
Deed SaleAug 21, 2025 · Amount on File
Prior SaleAug 19, 2004 · Amount on File
Deed Document Number202518308
Deed Book / Page2395 / 211
Record UpdatedOct 29, 2026

July 2017: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWILSON TN
Property Address511 DERBY DOWNS, LEBANON, TN 37087-4291
Transaction TypeMortgage
Record UpdatedFeb 5, 2021
Title CompanyAMERICAN TITLE INC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000616494
DateJul 14, 2017
Book Page1770/2349
Instrument17616494
Lender
NameSUN TRUST BANK
TypeBank
AddressNASHVILLE, TN 37219
Agreement
TypeCommercial Mortgage
AmountAmount on Record

April 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWILSON TN
Property Address511 DERBY DOWNS, LEBANON, TN 37087-4291
Transaction TypeMortgage
Record UpdatedFeb 5, 2021
Title CompanyAMERICAN TITLE INC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000668165
DateApr 8, 2019
Book Page1874/1464
Instrument19668165
Lender
NameTHIRD FSLA OF CLEVELAND
TypeLending Institution
AddressCLEVELAND, OH 44105
Agreement
TypeLine of Credit
AmountAmount on Record
Term359 Months
DueMar 15, 2049
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

Tax Assessment & Valuation

The 2025 property tax bill for 511 Derby Downs was $3,187.

Source: Wilson County assessment roll, as of January 21, 2026

Property Jurisdictions

TypeName
StateTennessee
CountyWilson County
MunicipalityLebanon City
Elementary School DistrictLebanon Special School District (PK - 08)
Secondary School DistrictWilson County School District in Lebanon (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$3,187.00$166,975 Land $23,750 Building $143,225$667,900 Land $95,000 Building $572,900
2023$166,975 (-) Land $23,750 Building $143,225
2022$4,828.00$166,975 Land $23,750 Building $143,225
2021$667,900 Land $95,000 Building $572,900

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 511 Derby Downs in Zone X, an area of minimal flood risk, though there have been 14 flood claims nearby since 2010.

Source: FEMA National Flood Hazard Layer, effective April 19, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on File
median of 13 policies
Community Rating SystemClass 8 (10% premium discount)
Nearby Flood Policies13 in force
Nearby Flood Claims14 (2010–2025)
Claims Outside the SFHA11 of 14
Most Recent ClaimJun 2025 · tidal / storm surge
Claims by Event
  • Severe Storms, Flooding, Straight-line Winds, And Tornadoes, May 2010 · 4 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 511 Derby Downs is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 80% of the US · lower than 72% of Tennessee
Wildfire Likelihood0.01% annual chance
ExposureIndirect
within ember reach
Adjoins Burnable LandYes

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemLEBANON WATER SYSTEM
serves 60,669 people · EPA ID TN0000393
Water SourceSurface water
Last State InspectionJun 2025
LeadUnder 1 ppb (2026–2028)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 141 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
United Communications
Fiber
8,000 / 8,000
AT&T
Fiber
5,000 / 5,000
Spectrum
Cable
1,000 / 1,000
T-Mobile
Fixed Wireless
100 / 20

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