$1,150,000
SOLD JAN 17, 2025

601 Madison St Unit 209 Nashville, TN 37208

Germantown Neighborhood
2 Beds
3.5 Baths
3,668 Sq Ft
$315/mo HOA Fee

Recently Sold

$314 Per Sq Ft

60% Below List Price

560 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Security Gate
  • City View
  • Cooling Available
  • Home Security System

About This Home

As of January 2025

PENTHOUSE LUXURY UNIT OVERLOOKING TENNESSEE STATE CAPITOL. Unit #209 has commanding views of the Tennessee State Capitol; both from its private rooftop and from its ground floors. Sit underneath 30-foot ceilings surrounded by original steel beams and brickwork from the Elliott School. Take your elevator to one of three floors to experience the elegance of luxury living in Nashville's Germantown.

Last Agent to Sell the Property

Donald Berschback

Fridrich & Clark Realty License #357445 Listed on: 06/09/2023

Fridrich & Clark Realty

Last Buyer's Agent

Sue Mendes

Parks Compass License #375534

Parks Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,871

Year Built

  • Built in 1916

HOA Fees

  • $315 Monthly HOA Fees

Home Design

  • Loft
  • Brick Exterior Construction

Interior Spaces

  • 3,668 Sq Ft Home
  • Property has 3 Levels
  • Living Room with Fireplace
  • Storage
  • Concrete Flooring
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

  • Home Security System
  • Smart Lights or Controls
  • Security Gate
  • Smart Locks

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Assigned Parking

Schools

  • Jones Paideia Magnet Elementary School
  • John Early Paideia Magnet Middle School
  • Pearl Cohn Magnet High School

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Accessible Hallway
  • Irrigation

Listing and Financial Details

  • Assessor Parcel Number 082130K20900CO

Community Details

Overview

  • Association fees include exterior maintenance, ground maintenance, trash
  • Elliott School Subdivision

Recreation

  • Fitness Center

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,871

Year Built

Built in 1916

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Loft
  • Year Built: 1916
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: RENOV
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Elevator, Storage, Entry Foyer
  • Accessibility Features: Accessible Hallway(s)
  • Appliances: Built-In Gas Oven, Built-In Gas Range
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Concrete
  • Total Bedrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 3668
  • Building Area Units: Square Feet
  • Living Area: 3668
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Smart Light(s), Smart Lock(s), Irrigation System
  • Construction Type: Brick
  • Pool Private: No
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Covered Parking Spaces: 3
  • Garage Yn: No
  • Parking Features: Assigned
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Security Gate, Security System
  • Utilities: Water Available

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Maintenance Grounds, Trash
  • Association Fee: 315
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Fitness Center
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel #: 082130K20900CO
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1

MLS Schools

  • Elementary School: Jones Paideia Magnet
  • High School: Pearl Cohn Magnet High School
  • Middle Or Junior School: John Early Paideia Magnet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jan 15, 2025
Sold by
Pelican Funds Llc
Bought by
Higgins James and Higgins Candace
Seller's Agent
Donald Berschback
Fridrich & Clark Realty
Buyer's Agent
Sue Mendes
Parks Compass
List Price
$2,850,000
Sold Price
$1,150,000
Premium/Discount to List
-$1,700,000
-59.65%
Views
297
Current Estimated Value
$1,222,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,254
Avg. Annual Appreciation
23.81%
Original Mortgage
$750,000
Outstanding Balance
$622,767
Interest Rate
6.72%
Mortgage Type
Construction
Estimated Equity
$659,585

Purchase Details

Closed on
Jan 26, 2022
Sold by
Mainland Germantown Llc
Bought by
Pelican Funds Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,150,000 None Listed On Document
Special Warranty Deed $2,791,000 Windmill Title
Quit Claim Deed -- Windmill Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $1,150,000 0.0% $314 / Sq Ft
12/02/2024 12/02/24 Off Market $1,150,000 -- --
01/03/2024 01/03/24 Price Changed $2,250,000 -8.2% $613 / Sq Ft
07/05/2023 07/05/23 Price Changed $2,450,000 -14.0% $668 / Sq Ft
06/09/2023 06/09/23 For Sale $2,850,000 -- $777 / 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 $15,871 $487,750 $30,000 $457,750
2023 $15,871 $487,750 $30,000 $457,750
2022 $18,476 $487,750 $30,000 $457,750
2021 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2534844

Realtracs

APN: 082-13-0K-209-00