700 12th Ave S 1108, Nashville, TN 37203
700 12th Ave S 1108, Nashville, TN 37203, Active at $490,000 ($550/sq ft). 1 bd · 1 ba · 891 sqft · $550/sqft · 0.02 ac.
700 12th Ave S 1108, Nashville, TN 37203, Active at $490,000 ($550/sq ft). 1 bd · 1 ba · 891 sqft · $550/sqft · 0.02 ac.
Active · $490,000
MLS #3242542 · listed June 4, 2026 · 136 days on market · updated July 10, 2026
1-bed, 1-bath condo at 700 12th Ave S 1108 in Terrazzo, Nashville, 891 sqft, $490,000 ($550/sqft), by Compass.
700 12th Ave S 1108 is a 1-bedroom, 1-bath condo in Nashville, TN 37203, offered at $490,000, about $550/sq ft across 891 sq ft.
At $550/sq ft, this condo is about 9% below the Nashville 37203 median list price per square foot of $605.
Recently sold in Nashville 37203: 126 comparable condos from $319,900 to $660,000, a median of $477/sq ft; this listing at $550/sq ft is about 15% above recent sold prices.
Market read: the Terrazzo market is balanced, at about 5 months of inventory; recent sales have closed near 97.3% of list over the past year.
All-in, about $3,949/mo at 20% down (7.37% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $1,243/mo, roughly 31% of the all-in monthly payment.
At the current 7.37% 30-year rate, principal and interest on this condo runs about $2,706/mo; at the 6.63% rate of about three months ago it would be roughly $2,511/mo, so monthly P&I is about $195 higher now.
Next step: ask Grant Hammond anything about 700 12th Ave S 1108 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 10, 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 at the prestigious Terrazzo in the heart of The Gulch. This stunning 11th-floor 1-bedroom, 1-bath residence showcases floor-to-ceiling glass walls framing sweeping city views, soaring 12-foot ceilings, and beautiful bamboo flooring and stunning stainless steel appliances. The open-concept design is also complemented by an in-unit washer and dryer and abundant natural light. Terrazzo, Nashville's first LEED-certified high-rise, offers exceptional amenities including a resort-style pool, state-of-the-art fitness center, outdoor kitchen, activity room, 24-hour concierge service, and secured access throughout the building. One assigned garage parking space conveys. Enjoy luxury, convenience, and one of Nashville's most desirable urban lifestyles just steps from the city's finest dining, entertainment, and shopping.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 700 12th Ave S 1108 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $490,000 | -$20,000 (-3.9%) | |
| Listed | $510,000 | ||
| Quitclaim deed | $0 | ||
| Deed recorded | $205,000 |
Listed June 4, 2026, this listing has been on the market 136 days as of October 18, 2026. The price has been reduced once, from $510,000 to $490,000 (-3.9%). The most recent change was first seen on our daily record July 9, 2026.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
The Davidson County Assessor's appraised value of 700 12th Ave S 1108 by year: $305,300 in 2009 to $601,600 in 2025, a change of +97%. Appraised value is the county's figure for taxation, not a market value or a sale price.
| Year | Land | Building | Yard items | Total | Category |
|---|---|---|---|---|---|
| 2025 | $152,000 | $449,600 | $0 | $601,600 | ROLL |
| 2021 | $141,400 | $300,100 | $0 | $441,500 | ROLL |
| 2017 | $141,400 | $198,100 | $0 | $339,500 | ROLL |
| 2013 | $62,000 | $179,900 | $0 | $241,900 | ROLL |
| 2010 | $93,000 | $118,900 | $0 | $211,900 | JUNE |
| 2009 | $93,000 | $212,300 | $0 | $305,300 | PR |
Source: Davidson County Assessor of Property, historical appraisal record, as recorded; totals are the county's own figures. Davidson County reappraises every four years (most recently 2025); other years reflect changes recorded between reappraisals.
Estimated monthly ownership for 700 12th Ave S 1108 at $490,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $490,000 |
|---|---|
| HOA dues | $636 / 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 700 12th Ave S 1108 is about $3,949/mo, 20% down on a 30-year fixed at 7.37% (a conforming loan), including principal & interest $2,706, estimated property tax $287, homeowners insurance $320, and HOA dues $636. Estimate only; not a loan offer.
| Principal & interest | $2,706/mo |
|---|---|
| Property tax (est.) | $287/mo |
| Homeowners insurance (est.) | $320/mo |
| HOA dues | $636/mo |
| Estimated total | $3,949/mo |
Assumes 20% down, 30-year fixed at 7.37% (Mortgage News Daily, as of October 16, 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 |
|---|---|---|---|
| 6.37% | $2,444/mo | $3,687/mo | -$262/mo |
| 6.87% | $2,574/mo | $3,817/mo | -$132/mo |
| 7.37% | $2,706/mo | $3,949/mo | current |
| 7.87% | $2,841/mo | $4,084/mo | +$135/mo |
| 8.37% | $2,978/mo | $4,221/mo | +$272/mo |
Principal & interest on a 30-year fixed at 20% down ($392,000 loan), with property tax, insurance, and HOA held constant at $1,243/mo. Current 30-year fixed 7.37% (Mortgage News Daily, as of October 16, 2026). Estimate only; not a loan offer.
Owning 700 12th Ave S 1108 runs about $3,949/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 | $636 / mo (about 16% of the estimated total payment) |
|---|---|
| HOA per year | $7,632 |
| HOA over 5 years | $38,160 (at current dues) |
| Effective carrying cost | $4.466 / sq ft / mo (estimated total over 891 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.
| Metric | This condo | Nashville 37203 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $550 | $598 median | - |
| Price position | 43rd pctile | -8% vs median | - |
| Nashville 37203 vs greater Nashville | - | +79% | - |
This listing beside the active Nashville 37203 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 19, 2026.
At $550/sq ft, this condo ranks in the 43rd percentile of the active condos in Nashville 37203 by price per square foot.
Nashville 37203 trades about 79% 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 October 19, 2026, refreshed weekly.
| Active listings | 5 in Terrazzo |
|---|---|
| Recent absorption | about 1 sales / mo |
| Months of inventory | 5 months, a balanced market |
Over the past 12 months, homes in Terrazzo sold at about 97.3% of list price.
Recorded sales in Terrazzo: 338 in the past 12 months.
Supply-side and recent-sale context for Terrazzo. Sale figures are trailing 6/12/24-month medians of recorded Terrazzo closings. Source Realtracs via IDX, as of October 6, 2026.
700 12th Ave S 1108 sits in Terrazzo, Nashville, Davidson County.
In Nashville 37203, homes there are priced around $605 per square foot; inventory in Terrazzo is running at about 5 months, a balanced market; recent sales closed near 97.3% of list price; 126 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 12, 2026.
Approximately 0.8 miles from downtown Nashville (straight-line distance).
700 12th Ave S 1108 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 700 12th Ave S 1108 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 700 12th Ave S 1108, by price and size.
Listed by Jamie Helms, 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.
Nashville luxury condo HOA fees carried at closing rose from $667 to $834 a month across 6 downtown towers, 2024 to 2026. Building by building.
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Nashville mortgage rates fell to 7.48% for the week ending October 9, 2026, down 9 basis points after Monday set a 52-week high.
As of the latest update (July 10, 2026), 700 12th Ave S 1108, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
700 12th Ave S 1108 was listed on June 4, 2026 and has been on the market 136 days as of October 18, 2026, per Realtracs.
Yes. It was first listed at $510,000. The price has been reduced once, most recently to $490,000 by July 9, 2026, a total change of -3.9%.
700 12th Ave S 1108, Nashville is listed at $490,000, about $550 per square foot across 891 square feet.
1 bedroom and 1 bathroom.
About $550 per square foot ($490,000 across 891 sqft).
700 12th Ave S 1108, Nashville was built in 2009.
Yes, 1 garage spaces, per the listing.
HOA dues are $636 per month, as listed.
700 12th Ave S 1108, Nashville is in the Terrazzo subdivision of Nashville.
About $3,949 a month with 20% down on a 30-year fixed at 7.37%, principal and interest $2,706, estimated property tax $287, insurance $320, and HOA $636. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
700 12th Ave S 1108, 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.
HOA dues are $636 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
At $550 per square foot, 700 12th Ave S 1108, Nashville is in the 42nd percentile of active listings in the Nashville 37203, about 9% below the $605 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 and 350+ Nashville high-rise condo sales. Use the tour or question form on this page.
At about $550 per square foot, 700 12th Ave S 1108, Nashville ranks in the 42nd percentile of active Nashville 37203 listings by price per square foot, roughly 9% below the Nashville 37203 median; recent comparable sales in Nashville 37203 closed near $477 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Terrazzo market is currently balanced, at about 5 months of inventory; recent sales have closed near 97.3% of list price over the past year, per Realtracs as of October 6, 2026.
Thinking of selling in Terrazzo?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.