Currently leased at $2,300 monthly. Minutes from the Airport & Downtown Nashville yet secluded Farm feeling. Ready to Build your Dream Home or bring in Your Development! Package Deal with 1221 Valleyview Dr house/property included. NOTE: the 113 ft access is from 1221 Valleyview Dr Property which is Included giving a large access into the Possible Developement or Your Grand gated entrance. Use your imagination for what you want it to be. Properties include Two - 3 BR homes. The All brick on Melvin is Leased. The doublewide on Valleyview is in fixer upper condition, or have it moved. Very Cool Historic Barn. Lots of mature trees with Huge open spaces as well. A perfect small farm. Both properties are on Septic systems, however a city sewer system is available in a nearby subdivision. Possibly at the end of Ponty Pool Dr or Stonebridge Lane.
Property Details
Property Features
Listing Office:
Office Name: Crye-Leike, Inc., REALTORS
Office Phone: (615) 512-3848
Listing Agent: Stan Peacock, Vice-President
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Rolling/Hilly
Lot Size: 8.50 Acres
Other
Directions Information:
Directions: From I40E exit 221A continue on Central Pike, left onto Melvin Rd
Price Information
Listing Price Info
Price Summary:
List Price: $999,900
Tax Information:
Annual Amount: $1,373
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Hermitage, TN.
This property is $574.9K more than the Median Sold Price in Hermitage, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: REALTRAC
MLS Number: #2602911
Listing Office:
Office Name: Crye-Leike, Inc., REALTORS
Office Phone: (615) 512-3848
Listing Agent: Stan Peacock, Vice-President
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.
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: 11/17/2024, 10:18:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,373
$92,700
2019
$1,373
$54,500
2018
$1,373
$54,500
2017
$1,373
$54,500
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,058
Per Month
Principal & Interest
$4,991
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,064
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Springdale Elementary School
5675 Central Pike
Distance between this listing and this school1.31 miles
Public District Grades PK-5
6
/10
Mt. Juliet Elementary School
2521 W Division St
Distance between this listing and this school1.52 miles
Public District Grades KG-5
5
/10
Ruby Major Elementary School
5141 John Hager Rd
Distance between this listing and this school1.71 miles
Public District Grades PK-4
Nearby Schools
2
/10
DuPont Tyler Middle School
431 Tyler Dr
Distance between this listing and this school2.70 miles
Public District Grades 5-8
7
/10
West Wilson Middle School
935 N Mount Juliet Rd
Distance between this listing and this school3.35 miles
Public District Grades 6-8
5
/10
Strive Collegiate Academy
3055 Lebanon Pike Ste 300
Distance between this listing and this school4.12 miles
Public Charter Grades 5-8
Nearby Schools
8
/10
Mt. Juliet High School
1875 Golden Bear Gtwy
Distance between this listing and this school4.94 miles
Public District Grades 9-12
3
/10
McGavock High School
3150 McGavock Pike
Distance between this listing and this school6.10 miles
Public District Grades 9-12
2
/10
The Academy at Opry Mills
433 Opry Mills Dr
Distance between this listing and this school7.03 miles
The neighbors living near this home have an average income of $81,509. The majority of Hermitage, TN residents have income between $35k-100k annually. The majority of families are married, with kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2972 Melvin Rd
What is the listing price of this property?
The listing price of 2972 Melvin Rd property is $999,900.
What type of property is this?
The property 2972 Melvin Rd is land located in Hermitage, Tennessee, 37076.
Is this property for sale now?
Accepting Backup Offers: 2972 Melvin Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,373 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2972 Melvin Rd in Hermitage, TN and zip code 37076. This home sits on a 8.50 acre lot. It has been listed on Rocket Homes since December 19, 2023 and is currently priced at $999,900.
In October 2024 more than 2 listings in Hermitage, TN were sold above the asking price. During the same period more than 15 listings were sold at asking price, while more than 24 were sold below. The number of homes for sale in Hermitage, TN decreased by 4.8% between September 2024 and October 2024. In October 2024 median list price was $424,994 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.