245 Hermitage Ave Unit 406 Nashville, TN 37210
Donelson Neighborhood
2
Beds
2
Baths
937
Sq Ft
$300/mo
HOA Fee
Highlights
- Fitness Center
- Clubhouse
- Porch
- City View
- Contemporary Architecture
- Cooling Available
About This Home
As of July 2024BRAND NEW INCOME PRODUCING AIRBNB! NEO is designed from the ground up to maximize Airbnb income: sunbathed open floor plans, integrated bunks (increases heads on beds), durable high-end finishes, quartz counters, LVT flooring, high efficiency appliances & HVAC, LED lighting, CAT6 and more. This building features a stylish gathering lobby, a sky lounge and terrace w/skyline views, a cardio gym and plenty of parking. Zoned MUL, these condos are perfect NOO STR vacation investment properties. NEO is located within walking distance to all of the downtown hotspots! A one 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! ARE YOU READY FOR IT?!? NOOSTR
Last Agent to Sell the Property
Compass RE Brokerage Phone: 6159457123 License #281540 Listed on: 07/10/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,863
Year Built
- Built in 2024
HOA Fees
- $300 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Slab Foundation
- Frame Construction
- Spray Foam Insulation
- Insulated Concrete Forms
- Membrane Roofing
Interior Spaces
- 937 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- <<energyStarQualifiedWindowsToken>>
- Tile Flooring
- City Views
Kitchen
- <<microwave>>
- Dishwasher
- Smart Appliances
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Home Security
- Smart Lights or Controls
- Smart Locks
- Smart Thermostat
Parking
- 1 Open Parking Space
- 1 Parking Space
- Parking Lot
Accessible Home Design
- Accessible Elevator Installed
- Accessible Hallway
Schools
- Jones Paideia Magnet Elementary School
- John Early Paideia Magnet Middle School
- Pearl Cohn Magnet High School
Utilities
- Cooling Available
- Central Heating
- Underground Utilities
- High Speed Internet
Additional Features
- Porch
- Privacy Fence
Listing and Financial Details
- Assessor Parcel Number 093120A40600CO
Community Details
Overview
- Association fees include exterior maintenance, ground maintenance, trash
- Neo Nashville Subdivision
Amenities
- Clubhouse
Recreation
- Fitness Center
Security
- Fire and Smoke Detector
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2024
Closed on
Jul 26, 2024
Sold by
245 Hermitage Partners Gp
Bought by
M And M Retreat Llc
Seller's Agent
Grant Hammond
Compass RE
Buyer's Agent
Alisa Neill
simpliHOM
List Price
$769,900
Sold Price
$769,900
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$538,930
Outstanding Balance
$535,288
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$255,430
Similar Homes in Nashville, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $769,900 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $538,930 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Price Changed | $880,000 | -1.1% | $892 / Sq Ft |
| 06/17/2025 06/17/25 | For Sale | $890,000 | +15.6% | $902 / Sq Ft |
| 07/26/2024 07/26/24 | Sold | $769,900 | 0.0% | $822 / Sq Ft |
| 07/10/2024 07/10/24 | Pending | -- | -- | -- |
| 07/10/2024 07/10/24 | For Sale | $769,900 | -- | $822 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $3,863 | $118,700 | $16,250 | $102,450 |
| 2023 | $529 | $16,250 | $16,250 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Alisa Neill
Seller's Agent in 2025
Alisa Neill
simpliHOM
(615) 394-0202
1 in this area
45 Total Sales
-
Grant Hammond
Seller's Agent in 2024
Grant Hammond
Compass RE
(615) 945-7123
10 in this area
308 Total Sales
Map
Source: Realtracs
MLS Number: 2677439
APN: 093-12-0A-406.00
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