NOT LISTED FOR SALE

2407 8th Ave S Unit 401 Nashville, TN 37204

Melrose Neighborhood

Estimated Value: $360,000 - $495,000

1 Bed
1 Bath
834 Sq Ft
$189/mo HOA Fee

Last Sold September 30, 2020

Last sale price $375,000 $450 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,708/month

4 Days on Market

Highlights

  • Contemporary Architecture
  • Walk-In Closet
  • Central Heating
  • Wood Flooring
  • Cooling Available
  • Ceiling Fan

About This Home

As of September 2020

A rare Short Term Rental opportunity in a perfect location! In the heart of the desirable 8th Ave South, this is one of only 4 units in the building that can be rented short-term. A spacious 1 bedroom floor plan and a stones throw from major grocery stores, Nashville’s top restaurants, liquor store and more.

Last Agent to Sell the Property

Shane Tallant

Compass Brokerage Phone: 615-955-0491 License #325328 Listed on: 07/16/2020

Compass

Co-Listed By

Brian Stoltzfus

Compass Brokerage Phone: 615-955-0491 License #300204

Last Buyer's Agent

Leslie Hill

Parks Compass License #330609

Parks Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,929

Year Built

  • Built in 2017

Lot Details

  • 741

HOA Fees

  • $189 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 834 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Schools

  • Waverly-Belmont Elementary School
  • John T. Moore Middle School
  • Hillsboro Comp High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 118021K40100CO

Community Details

Overview

  • Association fees include exterior maintenance, insurance, trash
  • Eighth South Mixed Use Subdivision

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,929

Year Built

Built in 2017

Lot Details

0

HOA Fees

$189 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Architectural Style: Contemporary
  • Year Built: 2017
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 615-955-0491
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Fire Sprinkler System, Utility Connection, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Microwave
  • Fireplace: No
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 834
  • Building Area Units: Square Feet
  • Living Area: 834
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinkler System, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Insurance, Trash
  • Association Fee: 189
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Green Features

  • Efficiency: Thermostat

Lot Info

  • Lot Size Units: Acres
  • Parcel #: 118021K40100CO
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1929

MLS Schools

  • Elementary School: Waverly-Belmont Elementary
  • High School: Hillsboro Comp High School
  • Middle Or Junior School: John T. Moore Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Sep 20, 2020
Sold by
Rosemont Holdings Llc
Bought by
Armistead James C and Armistead Courtney Strubel
Seller's Agent
Shane Tallant
Compass
Buyer's Agent
Leslie Hill
Parks Compass
List Price
$369,900
Sold Price
$375,000
Premium/Discount to List
$5,100
1.38%
Current Estimated Value
$414,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,761
Avg. Annual Appreciation
1.75%
Original Mortgage
$225,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 30, 2019
Sold by
Reed Jeffrey L
Bought by
Rosemont Holdings Llc

Purchase Details

Listed on
Sep 19, 2016
Closed on
Sep 28, 2017
Sold by
Eighth South Llc
Bought by
Reed Leffrey L
Seller's Agent
Lara Kirby Key
Compass
Buyer's Agent
NONMLS NONMLS
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Armistead James C $375,000 None Available
Rosemont Holdings Llc -- None Available
Reed Leffrey L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armistead James C $247,500
Closed Armistead James C $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $375,000 +1.4% $450 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $369,900 +48.0% $444 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
12/15/2017 12/15/17 For Sale $250,000 -5.7% $300 / Sq Ft
09/28/2017 09/28/17 Sold $265,000 -- $318 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,711 $127,000 $26,000 $101,000
2023 $2,319 $79,375 $16,250 $63,125
2022 $3,007 $79,375 $16,250 $63,125
2021 $2,344 $79,375 $16,250 $63,125
2020 $2,653 $70,025 $16,250 $53,775
2019 $1,929 $70,025 $16,250 $53,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2170195

Realtracs

APN: 118-02-1K-401-00