2 months on rocket

245 Hermitage Ave, Nashville, TN, 37210

$749,900

Home List Price

$8,905*

Closing Credit

2 Bedrooms
2 Full Baths
987 SqFt
$760/SqFt
Condo

Location

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245 Hermitage Ave, Nashville$749,900

Buyer Closing Credits

$8,905*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year BuiltNew Const., 2024
HeatingCentral, Electric
CoolingCentral Air, Electric
BasementYes
ViewCity
MLS #2739457
Lot Size0.20 Acres
StatusActive

About 245 Hermitage Ave

Introducing NEO: Where SMART AIRBNB INVESTORS Buy in Nashville! NEO is a 23 unit boutique downtown condo building designed specifically for those who want to maximize their Airbnb income. Think sun-drenched open floor plans, nifty integrated bunk nooks (because more heads on beds = more $$$), and spiffy finishes like quartz counters & LVT flooring. High-efficiency appliances, LED lighting & CAT6? Of course. We have a swanky gathering lobby, cardio gym & a sky lounge w/downtown views that’ll make your social media followers super jelly! Parking? Plenty of it. Zoned MUL, these condos are the ultimate NOOSTRP VRBO investment properties. Perfectly located within walking distance of all the action-just a short stroll to Broadway, Ascend Amphitheater, the Convention Center & SoBro’s best bars and restaurants. But here’s the kicker: NEO is the ONLY Airbnb friendly building approved for conventional financing AND lets you use any Airbnb management company you want. Impressed? You should be!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2024
  • Living Area: 987 SqFt

Listing Office:

  • Office Name: Compass RE
  • 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: 2
  • Total Bedroom Count: 2

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

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: $749,900
  • Price Per SqFt: $760/SqFt

HOA Fees:

  • Amount: $350
  • 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.

Med. Sold Price

$531.2K

Med. Price/SqFt

$307

Avg. Days On Market

34

# of Sold Homes

461

245 Hermitage Ave vs Nashville

81 DAYS ON ROCKET

+47 Days

$749,900

+$218.6K More

$760/SqFt

+$452 More

KEY TAKEAWAY

This property is $218.6K more than the Median Sold Price and $452/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: #2739457

Listing Office:

  • Office Name: Compass RE
  • 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: 12/21/2024, 11:48:49 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

$4,160

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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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.

Nearby Schools

school-card-donut-871909
4
/10
  • Napier Elementary School

  • 70 Donelson St

  • 0.26 miles

  • Public Magnet Grades PK-4

school-card-donut-871910
5
/10
  • Explore Community School

  • 707 S 7th St

  • 0.92 miles

  • Public Charter Grades KG-5

school-card-donut-871911
4
/10
  • KIPP Academy Nashville Elementary School

  • 1000 Sevier St

  • 0.97 miles

  • Public Charter Grades PK-4

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. Most families are single, no kids. Most residents in this area 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 $749,900.

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 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 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 245 Hermitage Ave is 987 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 245 Hermitage Ave is 2024.

Rocket HomesTennesseeDavidson CountyNashville37210245 Hermitage Ave

This home is located at 245 Hermitage Ave in Nashville, TN and zip code 37210 in the South Nashville neighborhood. This 987 square foot home, which was built in 2024, sits on a 0.20 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $749,900.

Nashville, TN housing market in November 2024 saw over 62 listings sold above listed price, more than 119 sold at listed price and over 276 sold below. The number of listings in Nashville, TN increased by 2.3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $531,293, while the average time on the real estate market was 34 days.

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

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