Occasionally I’ll run across properties listed by other brokers that I find amazing. This is one of them. Cory Holman with Zeitlin has this Pinnacle Bank foreclosure listed in Steeplechase Farms in Nashville. This custom home was originally built and listed in 2007 for $1,645,000 and includes many luxury features like an in-ground saline pool and spa with water feature. More importantly, the home is actually located in the Williamson County school district with a Nashville address. In other words, you can buy a luxury Nashville foreclosure, send your children to Franklin High School and pay no homeowners association fees for the privilege.
If the above were not enough, the home is tax appraised for over $1.46 million, a value that typically rests below the real estate appraised value. There could be a ton of equity in this foreclosure if bought correctly.
Tax Record for this Nashville Foreclosure
(click to make larger)