245 Hermitage Ave 406, Nashville, TN 37210
245 Hermitage Ave 406, Nashville, TN 37210, Active at $699,900 ($709/sq ft). 2 bd · 2 ba · 987 sqft · $709/sqft · 0.02 ac.
245 Hermitage Ave 406, Nashville, TN 37210, Active at $699,900 ($709/sq ft). 2 bd · 2 ba · 987 sqft · $709/sqft · 0.02 ac.





Active · $699,900
MLS #3136250 · listed June 21, 2026 · 34 days on market · updated July 9, 2026
2-bed, 2-bath home at 245 Hermitage Ave 406 in Neopolitan, Nashville, 987 sqft, $699,900 ($709/sqft), by simpliHOM.
245 Hermitage Ave 406 is a 2-bedroom, 2-bath home in Nashville, TN 37210, offered at $699,900, about $709/sq ft across 987 sq ft.
Market read: the Nashville 37210 homes market is buyer-favored, at about 12.9 months of inventory.
All-in, about $4,851/mo at 20% down (6.68% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $1,245/mo, roughly 26% of the all-in monthly payment.
At the current 6.68% 30-year rate, principal and interest on this home runs about $3,606/mo; at the 6.277% rate of about three months ago it would be roughly $3,457/mo, so monthly P&I is about $149 higher now.
School zone: assigned to Jones Paideia Magnet, John Early Paideia Magnet, Pearl Cohn Magnet High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 245 Hermitage Ave 406 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 9, 2026. RealTracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
Complete reported fields for 245 Hermitage Ave 406 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $699,900 | — |
Estimated monthly ownership for 245 Hermitage Ave 406 at $699,900: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $699,900 |
|---|---|
| HOA dues | $450 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 245 Hermitage Ave 406 is about $4,851/mo, 20% down on a 30-year fixed at 6.68% (a conforming loan), including principal & interest $3,606, estimated property tax $410, homeowners insurance $385, and HOA dues $450. Estimate only; not a loan offer.
| Principal & interest | $3,606/mo |
|---|---|
| Property tax (est.) | $410/mo |
| Homeowners insurance (est.) | $385/mo |
| HOA dues | $450/mo |
| Estimated total | $4,851/mo |
Assumes 20% down, 30-year fixed at 6.68% (Freddie Mac PMMS, as of 2026-07-23). Property tax uses the Davidson County Urban Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 5.68% | $3,243/mo | $4,488/mo | -$363/mo |
| 6.18% | $3,422/mo | $4,667/mo | -$184/mo |
| 6.68% | $3,606/mo | $4,851/mo | current |
| 7.18% | $3,793/mo | $5,038/mo | +$187/mo |
| 7.68% | $3,984/mo | $5,229/mo | +$378/mo |
Principal & interest on a 30-year fixed at 20% down ($559,920 loan), with property tax, insurance, and HOA held constant at $1,245/mo. Current 30-year fixed 6.68% (Freddie Mac PMMS, as of 2026-07-23). Estimate only; not a loan offer.
Owning 245 Hermitage Ave 406 runs about $4,851/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
| Metric | This home | Nashville 37210 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $709 | $353 median | - |
| Price position | 80th pctile | +101% vs median | - |
This listing beside the active Nashville 37210 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
At $709/sq ft, this home ranks in the 80th percentile of the 160 active homes in Nashville 37210 by price per square foot.
Computed by Grant Hammond from 160 Nashville 37210 comparables (RealTracs via IDX), as of 2026-07-24, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Hillsboro | $460/sq ft |
| Stratford | $369/sq ft |
| Pearl-Cohn | $318/sq ft |
| Maplewood | $317/sq ft |
| Glencliff | $282/sq ft |
| James Lawson | $273/sq ft |
| John Overton | $263/sq ft |
| McGavock | $236/sq ft |
| Hunters Lane | $233/sq ft |
| Whites Creek | $233/sq ft |
| Cane Ridge | $220/sq ft |
| Antioch | $212/sq ft |
Computed by Grant Hammond from active Davidson County listings (RealTracs via IDX).
| Active listings | 71 in Nashville 37210 homes |
|---|---|
| Recent absorption | about 5.5 sales / mo |
| Months of inventory | 12.9 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Nashville 37210 homes. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37210 homes closings. Source RealTracs via IDX, as of 2026-07-22.
245 Hermitage Ave 406 sits in Neopolitan, Nashville, Davidson County.
In Nashville 37210, homes there are priced around $353 per square foot; inventory in Nashville 37210 homes is running at about 12.9 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
245 Hermitage Ave 406 is zoned for Jones Paideia Magnet, John Early Paideia Magnet, Pearl Cohn Magnet High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 245 Hermitage Ave 406 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 245 Hermitage Ave 406, by price and size.






Listed with simpliHOM. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Nashville housing market 2026 outlook shows rising inventory, rate-sensitive buyers, and county-level divergence between Davidson and Williamson Counties.
The 2023 Nashville real estate market saw rising inventory, rate-driven buyer pullback, and price stabilization across Davidson and Williamson Counties.
Nashville area luxury home sales analysis covering transaction volume, median prices, and absorption rates for properties above $1 million across Davidson and Williamson Counties.
Nashville real estate data and housing market analysis for October 2010. Track Nashville home prices, closings and inventory trends relative to the entire Nashville real estate market.
As of the latest update (July 9, 2026), 245 Hermitage Ave 406, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
245 Hermitage Ave 406, Nashville is listed at $699,900, about $709 per square foot across 987 square feet.
2 bedrooms and 2 bathrooms.
About $709 per square foot ($699,900 across 987 sqft).
245 Hermitage Ave 406, Nashville was built in 2023.
Yes, 1 garage spaces, per the listing.
HOA dues are $450 per month, as listed.
245 Hermitage Ave 406, Nashville is in the Neopolitan subdivision of Nashville.
About $4,851 a month with 20% down on a 30-year fixed at 6.68%, principal and interest $3,606, estimated property tax $410, insurance $385, and HOA $450. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
245 Hermitage Ave 406, Nashville is zoned for Jones Paideia Magnet, John Early Paideia Magnet, Pearl Cohn Magnet High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 245 Hermitage Ave 406, Nashville is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $709 per square foot, 245 Hermitage Ave 406, Nashville ranks in the 80th percentile of active Nashville 37210 listings by price per square foot, roughly 101% above the Nashville 37210 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37210 homes market is currently buyer-favored (ample supply), at about 12.9 months of inventory, per RealTracs as of 2026-07-22.
Thinking of selling in Neopolitan?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.