500 Merritt Ave 203, Nashville, TN 37203
500 Merritt Ave 203, Nashville, TN 37203, Active at $485,000 ($619/sq ft). 1 bd · 1 ba · 783 sqft · $619/sqft · 0.02 ac.
500 Merritt Ave 203, Nashville, TN 37203, Active at $485,000 ($619/sq ft). 1 bd · 1 ba · 783 sqft · $619/sqft · 0.02 ac.
Active · $485,000
MLS #3193856 · listed May 6, 2026 · 117 days on market · updated July 30, 2026
1-bed, 1-bath condo at 500 Merritt Ave 203 in Maslow, Nashville, 783 sqft, $485,000 ($619/sqft), by Compass.
500 Merritt Ave 203 is a 1-bedroom, 1-bath condo in Nashville, TN 37203, offered at $485,000, about $619/sq ft across 783 sq ft.
At $619/sq ft, this condo is priced in line with the Nashville 37203 list-price median of $611/sq ft.
Market read: the Nashville 37203 homes market is buyer-favored, at about 12.5 months of inventory.
All-in, about $3,335/mo at 20% down (6.81% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $803/mo, roughly 24% of the all-in monthly payment.
At the current 6.81% 30-year rate, principal and interest on this condo runs about $2,532/mo; at the 6.56% rate of about three months ago it would be roughly $2,468/mo, so monthly P&I is about $64 higher now.
Next step: ask Grant Hammond anything about 500 Merritt Ave 203 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 30, 2026. RealTracs via IDX.
This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.
More context: Nashville condos and building guides.
Experience elevated urban living in the heart of Nashville's thriving Wedgewood-Houston neighborhood. This one-bedroom condo seamlessly blends modern luxury with thoughtful design, featuring high-end finishes, abundant natural light, and a beautifully curated interior that feels both sophisticated and inviting. The sleek kitchen and open-concept living space create the perfect setting for everyday living or entertaining. Residents enjoy access to premium building amenities including a stunning designer lobby, fully equipped fitness center, and multiple communal outdoor spaces ideal for relaxing or gathering with friends. Smart living is made easy with the Latch electronic entry system, allowing you to lock and unlock your unit directly from your phone. Washer and dryer remain with the unit for added convenience. Perfectly positioned within walking distance to some of Wedgewood-Houston's most beloved destinations including Diskin Cider, Iggy's, Mercado by Butchertown, local galleries, coffee shops, restaurants, and nightlife, this condo offers the ultimate live-work-play lifestyle in one of Nashville's most sought-after neighborhoods. Deeded parking spot included which is rare in WeHo. THIS UNIT HAS A RENTAL PERMIT THAT CONVEYS WITH THE SALE! A great option for an investor wanting to get their footprint in booming WeHo!
Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 500 Merritt Ave 203 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Last recorded sale | $440,600 | — | |
| Listed | $485,000 | — |
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 500 Merritt Ave 203 at $485,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $485,000 |
|---|---|
| HOA dues | $200 / mo |
| HOA fee includes | Confirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost. |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 500 Merritt Ave 203 is about $3,335/mo, 20% down on a 30-year fixed at 6.81% (a conforming loan), including principal & interest $2,532, estimated property tax $284, homeowners insurance $319, and HOA dues $200. Estimate only; not a loan offer.
| Principal & interest | $2,532/mo |
|---|---|
| Property tax (est.) | $284/mo |
| Homeowners insurance (est.) | $319/mo |
| HOA dues | $200/mo |
| Estimated total | $3,335/mo |
Assumes 20% down, 30-year fixed at 6.81% (Mortgage News Daily, as of August 28, 2026). 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 |
|---|---|---|---|
| 5.81% | $2,279/mo | $3,082/mo | -$253/mo |
| 6.31% | $2,404/mo | $3,207/mo | -$128/mo |
| 6.81% | $2,532/mo | $3,335/mo | current |
| 7.31% | $2,663/mo | $3,466/mo | +$131/mo |
| 7.81% | $2,796/mo | $3,599/mo | +$264/mo |
Principal & interest on a 30-year fixed at 20% down ($388,000 loan), with property tax, insurance, and HOA held constant at $803/mo. Current 30-year fixed 6.81% (Mortgage News Daily, as of August 28, 2026). Estimate only; not a loan offer.
Owning 500 Merritt Ave 203 runs about $3,335/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.
| HOA dues | $200 / mo (about 6% of the estimated total payment) |
|---|---|
| HOA per year | $2,400 |
| HOA over 5 years | $12,000 (at current dues) |
| Effective carrying cost | $4.259 / sq ft / mo (estimated total over 783 sq ft) |
HOA dues are part of true monthly cost and typically cover items such as building insurance, exterior maintenance, and amenities; coverage varies by building. Dues can change and buildings may levy special assessments, so review the current budget, reserve study, and any planned assessments before offering. Figures use current dues; estimate only, not a loan offer.
The Davidson County appraised value of $421,500 trails the $485,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $2,965 now to roughly $3,412 (appraised value times the 25% Tennessee residential ratio times the Davidson County Urban Services District rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Davidson County Assessor of Property and Trustee. Estimate only.
| Metric | This condo | Nashville 37203 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $619 | $611 median | - |
| Price position | 51st pctile | +1% vs median | - |
| Nashville 37203 vs greater Nashville | - | +81% | - |
This listing beside the active Nashville 37203 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of August 30, 2026.
Among the active condos in Nashville 37203, this condo at $619/sq ft falls in the 51st percentile on price per square foot.
Nashville 37203 trades about 81% above greater Nashville on a price-per-square-foot basis.
Taken together, this condo reads in line with Nashville 37203 on a per-square-foot basis.
Computed by Grant Hammond from the active Nashville 37203 comparables (RealTracs via IDX), as of August 30, 2026, refreshed weekly.
| Active listings | 27 in Nashville 37203 homes |
|---|---|
| Recent absorption | about 2.2 sales / mo |
| Months of inventory | 12.5 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Nashville 37203 homes. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37203 homes closings. Source RealTracs via IDX, as of August 30, 2026.
500 Merritt Ave 203 sits in Maslow, Nashville, Davidson County.
In Nashville 37203, homes there are priced around $611 per square foot; inventory in Nashville 37203 homes is running at about 12.5 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-08-30.
Approximately 1.8 miles from downtown Nashville (straight-line distance).
500 Merritt Ave 203 is zoned for Fall-Hamilton Elementary, Cameron College Preparatory, Glencliff 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 500 Merritt Ave 203 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 500 Merritt Ave 203, by price and size.
Listed with Compass. 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.
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As of the latest update (July 30, 2026), 500 Merritt Ave 203, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
500 Merritt Ave 203, Nashville is listed at $485,000, about $619 per square foot across 783 square feet.
1 bedroom and 1 bathroom.
About $619 per square foot ($485,000 across 783 sqft).
500 Merritt Ave 203, Nashville was built in 2024.
No garage is reported in the listing.
HOA dues are $200 per month, as listed.
500 Merritt Ave 203, Nashville is in the Maslow subdivision of Nashville.
About $3,335 a month with 20% down on a 30-year fixed at 6.81%, principal and interest $2,532, estimated property tax $284, insurance $319, and HOA $200. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
500 Merritt Ave 203, Nashville is zoned for Fall-Hamilton Elementary, Cameron College Preparatory, Glencliff High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
HOA dues are $200 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
At $619 per square foot, 500 Merritt Ave 203, Nashville is in the 51st percentile of active listings in the Nashville 37203, about 1% above the $611 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
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 $619 per square foot, 500 Merritt Ave 203, Nashville ranks in the 51st percentile of active Nashville 37203 listings by price per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37203 homes market is currently buyer-favored (ample supply), at about 12.5 months of inventory, per RealTracs as of 2026-08-30.
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