2 months on rocket

508 Madison St Unit 5, Nashville, TN, 37208

$620,000

Home List Price

$7,363*

Closing Credit

2 Bedrooms
2 Full Baths
1,424 SqFt
$435/SqFt
Townhouse

Location

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508 Madison St Unit 5, Nashville$620,000

Buyer Closing Credits

$7,363*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year Built2007
HeatingCentral
CoolingCentral Air
BasementYes
MLS #2701044
Lot Size0.02 Acres
StatusActive

About 508 Madison St Unit 5

Discover the perfect blend of style and convenience in this alluring 2-bedroom, 2-bathroom condo nestled in the heart of Germantown’s Madison Square. Featuring spacious, airy common areas that seamlessly connect your kitchen, dining + living spaces, a charming courtyard-facing balcony, abundantly tall ceilings, unexpected + charming details throughout and dedicated parking for both you and a guest. Enjoy easy access both in and out the city, Germantown's haunts old + new, brisk walks to the Bicentennial Park, the Nashville Farmer's Market and more (see attachments for map of favorites)! Golden opportunity to enter the real estate market for the first time, house hack or hold for future rental opportunity (permit required + currently waitlisted). Not STR eligible (see documents for additional rules + regulations). This condo offers incredible potential!

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Living Area: 1,424 SqFt

Listing Office:

  • Office Name: Onward Real Estate
  • Office Phone: (865) 809-8917
  • Listing Agent: Shamille Shemi Wharton

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Finished Wood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I65 at Metro Center, take Rosa Parks Blvd to LEFT on Madison St, LEFT on 6th, RIGHT on Madison St, Unit on LEFT. On Madison between 5th + 6th. Park behind the unit in the marked spaces for Madison Square Guest Parking.

Price Information

Listing Price Info

Price Summary:

  • List Price: $620,000
  • Price Per SqFt: $435/SqFt

HOA Fees:

  • Amount: $329
  • Frequency: Monthly
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Housing Market Comparison

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

Map thumbnail provided by MapBox

Nashville, TN

City

Med. Sold Price

$529.8K

Med. Price/SqFt

$307

Avg. Days On Market

30

# of Sold Homes

529

508 Madison St Unit 5 vs Nashville

69 DAYS ON ROCKET

+39 Days

$620,000

+$90.1K More

$435/SqFt

+$127 More

KEY TAKEAWAY

This property is $90.1K more than the Median Sold Price and $127/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: #2701044

Listing Office:

  • Office Name: Onward Real Estate
  • Office Phone: (865) 809-8917
  • Listing Agent: Shamille Shemi Wharton

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: 11/15/2024, 11:18:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,491

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,925

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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-436488
2
/10

  • Jones Paideia Elementary Magnet School

  • 1800 9th Ave N

  • 0.81 miles

  • Public Magnet Grades PK-4

school-card-donut-436489
3
/10

  • Ida B. Wells Elementary School

  • 244 Foster St

  • 1.15 miles

  • Public Magnet Grades PK-4

school-card-donut-436490
3
/10

  • Robert Churchwell Elementary School

  • 1625 Dr Db Todd Jr Blvd

  • 1.18 miles

  • Public Magnet Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,759. The most common annual income of people living in Nashville, TN is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 508 Madison St Unit 5

What is the listing price of this property?

The listing price of 508 Madison St Unit 5 property is $620,000.

What type of property is this?

The property 508 Madison St Unit 5 is a townhouse located in Nashville, Tennessee, 37208.

Is this property for sale now?

Active Listing: 508 Madison St Unit 5 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 508 Madison St Unit 5 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 508 Madison St Unit 5 is 1,424 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 508 Madison St Unit 5 is 2007.

Rocket Homes›Tennessee›Davidson County›Nashville›37208›508 Madison St Unit 5

This home is located at 508 Madison St Unit 5 in Nashville, TN and zip code 37208 in the Germantown neighborhood. This 1,424 square foot home, which was built in 2007, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 06, 2024 and is currently priced at $620,000.

In October 2024 more than 74 listings in Nashville, TN were sold above the asking price. During the same period more than 141 listings were sold at asking price, while more than 312 were sold below. Between September 2024 and October 2024, Nashville, TN real estate market has seen increase in the number of listings by 6.8%. In October 2024 median list price was $529,813 and the average listing age was 30 days.

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

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