new - 4 days on rocket

245 Hermitage Ave, Nashville, TN, 37210

$499,900

Home List Price

$5,936*

Closing Credit

1 Bedroom
1 Full Bath
657 SqFt
$761/SqFt
Condo
Schools Nearby

Location

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245 Hermitage Ave, Nashville$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year BuiltNew Const., 2023
HeatingCentral, Electric
CoolingCentral Air, Electric
BasementYes
ViewCity
MLS #2650278
Lot Size0.20 Acres
StatusActive

About 245 Hermitage Ave

NEO - a boutique 23 unit Non Owner Occupied Short Term Rental eligible downtown condominium building! NEO is designed from the ground up to maximize Airbnb income: sunbathed open floor plans, integrated bunk nooks (increases heads on beds), durable high-end finishes, quartz counters, LVT flooring, high efficiency appliances & HVAC, LED lighting, CAT6 and more. Our building features a stylish gathering lobby, a sky lounge and terrace w/skyline views and plenty of parking. Zoned MUL, these condos are perfect NOO STRP vacation investment properties. NEO is located within walking distance to all of the downtown hotspots! 1 mile to Broadway and an even shorter walk to Ascend Amphitheater, the Convention Center & other downtown SoBro bars and restaurants. Importantly, Neo is the ONLY Airbnb condo building in downtown Nashville that is BOTH approved for conventional financing AND allows you to use any Airbnb management company you want! Ask us about our FLEX CASH or FURNISHING OPTIONS!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2023
  • Living Area: 657 SqFt

Listing Office:

  • Office Name: Metropolitan Brokers
  • Office Phone: (615) 945-7123
  • Listing Agent: Grant Hammond, Broker, ABR, SRS, SFR, ePRO

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s), Smart Appliance(s), Smart Thermostat

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City
  • Exterior: Smart Light(s), Smart Lock(s), Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Metro Nashville Virtual School, Public District Grades 1-12
  • McGavock Comprehensive High School, Public District Grades 9-12
  • Haynes Health/ Medical Science Design Center, Public District Grades 5-8
  • Two Rivers Middle School, Public District Grades 5-8
  • Pennington Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Downtown Nashville: East on 1st Avenue/Hermitage Avenue past Ascend Amphitheater until you reach NEO on your Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900
  • Price Per SqFt: $761/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $929
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Nashville, TN.

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Nashville, TN

City

Med. Sold Price

$529.3K

Med. Price/SqFt

$313

Avg. Days On Market

31

# of Sold Homes

656

245 Hermitage Ave vs Nashville

4 DAYS ON ROCKET

-27 Days

$499,900

-$29.4K Less

$761/SqFt

+$448 More

KEY TAKEAWAY

This property is $29.4K less than the Median Sold Price and $448/SqFt more than other homes in Nashville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2650278

Listing Office:

  • Office Name: Metropolitan Brokers
  • Office Phone: (615) 945-7123
  • Listing Agent: Grant Hammond, Broker, ABR, SRS, SFR, ePRO

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 3:18:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 02, 2021Home Sold
$1,300,000
Jul 16, 2018Home Sold
$665,000
Sep 05, 1990Home Sold
$30,100

Tax History

YEARPROP. TAXASSESSMENT
2020$929$22,000
2019 - $22,000
2018$694$22,000
2017$851$22,000

History based on county public records data.

Payment Calculator

$2,812

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6968964
3
/10

  • Pennington Elementary School

  • 2817 Donna Hill Dr

  • 5.39 miles

  • Public District Grades PK-4

Middle School

school-card-donut-6968965
4
/10

  • Haynes Health/ Medical Science Design Center

  • 510 W Trinity Ln

  • 4.14 miles

  • Public District Grades 5-8

school-card-donut-6968966
3
/10

  • Two Rivers Middle School

  • 2991 Mcgavock Pike

  • 5.32 miles

  • Public District Grades 5-8

High School

school-card-donut-6968967
5
/10

  • Metro Nashville Virtual School

  • 2400 Fairfax Ave

  • 3.10 miles

  • Public District Grades 1-12

school-card-donut-6968968
3
/10

  • McGavock Comprehensive High School

  • 3150 Mcgavock Pike

  • 4.80 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,886. Residents of Nashville, TN typically earn between $35k-100k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 245 Hermitage Ave

What is the listing price of this property?

The listing price of 245 Hermitage Ave property is $499,900.

What type of property is this?

The property 245 Hermitage Ave is a condo located in Nashville, Tennessee, 37210.

Is this property for sale now?

Active Listing: 245 Hermitage Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 245 Hermitage Ave are:
Pennington Elementary School: GreatSchools Rating 3/10
Haynes Health/ Medical Science Design Center: GreatSchools Rating 4/10
Two Rivers Middle School: GreatSchools Rating 3/10
Metro Nashville Virtual School: GreatSchools Rating 5/10
McGavock Comprehensive High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $929 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 2, 2021 for $1,300,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 245 Hermitage Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 245 Hermitage Ave is 657 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 245 Hermitage Ave is 2023.

Rocket Homes›Tennessee›Davidson County›Nashville›37210›245 Hermitage Ave

This home is located at 245 Hermitage Ave in Nashville, TN and zip code 37210 in the South Nashville neighborhood. This 657 square foot home, which was built in 2023, sits on a 0.20 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $499,900.

In April 2024, from all listings sold in Nashville, TN there were more than 111 sold above asking price, over 339 sold below and more than 204 were sold right at the asked price. Between March 2024 and April 2024, Nashville, TN real estate market has seen increase in the number of listings by 11.1%. The median list price of listings available in April 2024 was $529,381, while the average time on the real estate market was 31 days.

From Rocket Homes Real Estate and based on county public records data.

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