NOT LISTED FOR SALE

718 Mercer Dr Hermitage, TN 37076

Hermitage Neighborhood

Estimated Value: $248,000 - $299,957

3 Beds
1.5 Baths
1,126 Sq Ft
$241/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $258,000 $229 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,563/month

67 Days on Market

Highlights

  • 0.54 Acre Lot
  • Tile Flooring
  • Central Heating and Cooling System
  • No HOA

About This Home

As of October 2024

Seller may consider buyer concessions if made in an offer. Welcome to this charming home that exudes warmth and comfort. Inside, you'll find a fresh and modern aesthetic with neutral paint throughout and updated flooring in parts. The living room features a cozy fireplace, ideal for relaxing evenings. The kitchen boasts new appliances, perfect for cooking enthusiasts. Outside, unwind on the covered patio overlooking. With fresh exterior paint and a new roof, the home's curb appeal is enhanced. This home seamlessly blends style with functionality. Don't let this opportunity to make it your own home.This home has been virtually staged to illustrate its potential.

Last Agent to Sell the Property

Feras Rachid

OPENDOOR BROKERAGE, LLC Brokerage Phone: 6155054337 License #347106 Listed on: 07/26/2024

OPENDOOR BROKERAGE, LLC

Co-Listed By

Mark Roberts

Epcon Realty Tennessee, LLC Brokerage Phone: 6155054337 License #330329

Last Buyer's Agent

Jeff Lucas

Benchmark Realty, LLC License #331827

Benchmark Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 1987

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 19 x 346

Home Design

  • Property Attached
  • Vinyl Siding

Interior Spaces

  • 1,126 Sq Ft Home
  • Property has 2 Levels
  • Microwave

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Dupont Elementary School
  • Dupont Tyler Middle School
  • Mcgavock Comp High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Meadows Of Tulip Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 07516000200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,246

Year Built

Built in 1987

Lot Details

0.54 Acres

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Year Built: 1987
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Microwave
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 1126
  • Building Area Units: Square Feet
  • Living Area: 1126
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Common Interest: Condominium
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.54
  • Lot Size: 19 X 346
  • Lot Size Units: Acres
  • Parcel #: 07516000200
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1246

MLS Schools

  • Elementary School: Dupont Elementary
  • High School: McGavock Comp High School
  • Middle Or Junior School: DuPont Tyler Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Oct 29, 2024
Sold by
Opendoor Property Trust
Bought by
Frohmiller Terri
Seller's Agent
Feras Rachid
OPENDOOR BROKERAGE, LLC
Buyer's Agent
Jeff Lucas
Benchmark Realty, LLC
List Price
$260,000
Sold Price
$258,000
Premium/Discount to List
-$2,000
-0.77%
Views
37
Current Estimated Value
$271,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,739
Avg. Annual Appreciation
3.83%
Original Mortgage
$108,000
Outstanding Balance
$106,584
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$165,155

Purchase Details

Closed on
Jun 13, 2024
Sold by
Amos Ben E
Bought by
Opendoor Property Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Frohmiller Terri $258,000 Tennessee Title
Opendoor Property Trust $238,400 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frohmiller Terri $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $258,000 -0.8% $229 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $260,000 0.0% $231 / Sq Ft
08/18/2024 08/18/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $260,000 -- $231 / Sq Ft
Source: Realtracs

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
2025 $1,791 $64,375 $18,000 $46,375
2024 $1,246 $42,650 $12,400 $30,250
2023 $1,246 $42,650 $12,400 $30,250
2022 $1,246 $42,650 $12,400 $30,250
2021 $1,259 $42,650 $12,400 $30,250
2020 $800 $21,125 $5,000 $16,125
2019 $582 $21,125 $5,000 $16,125
2018 $0 $21,125 $5,000 $16,125
2017 $582 $21,125 $5,000 $16,125
2016 $513 $13,075 $3,125 $9,950
2015 $513 $13,075 $3,125 $9,950
2014 $513 $13,075 $3,125 $9,950
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2024

    Feras Rachid

    OPENDOOR BROKERAGE, LLC

    Feras Rachid
    Section Image

  • M

    Seller Co-Listing Agent in 2024

    Mark Roberts

    Epcon Realty Tennessee, LLC

    Mark Roberts
    Section Image
  • Jeff Lucas

    Buyer's Agent in 2024

    Jeff Lucas

    Benchmark Realty, LLC

    (615) 207-5602

    2 in this area

    321 Total Sales

    Jeff Lucas
    Section Image
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Map

Source: Realtracs

MLS Number: 2684182

Realtracs

APN: 075-16-0-002

Tennessee Davidson County Nashville 37076 Hermitage

718 Mercer Dr, Nashville, TN

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the 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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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