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Backup Offers

2972 Melvin Rd, Hermitage, TN, 37076

$999,900

8.50 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #2602911
Lot Size8.50 Acres
StatusAccepting Backup Offers
(Under Contract - Showing)

About 2972 Melvin Rd

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
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Housing Market Comparison

See how this home compares to others in Hermitage, TN.

Med. Sold Price

$424.9K

Med. Price/SqFt

$225

Avg. Days On Market

40

# of Sold Homes

41

2972 Melvin Rd vs Hermitage

333 DAYS ON ROCKET

+293 Days

$999,900

+$574.9K More

KEY TAKEAWAY

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

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: 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

YEARPROP. TAXASSESSMENT
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

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,064

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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.

Nearby Schools

school-card-donut-441996
8
/10
  • Springdale Elementary School

  • 5675 Central Pike

  • 1.31 miles

  • Public District Grades PK-5

school-card-donut-441997
6
/10
  • Mt. Juliet Elementary School

  • 2521 W Division St

  • 1.52 miles

  • Public District Grades KG-5

school-card-donut-441998
5
/10
  • Ruby Major Elementary School

  • 5141 John Hager Rd

  • 1.71 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

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).

How much acreage is this property?

The property 2972 Melvin Rd is 8.50 acres.
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Rocket HomesTennesseeDavidson CountyHermitage370762972 Melvin Rd

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.

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