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504 Armistead Pl, Nashville, TN 37215

504 Armistead Pl, Nashville, TN 37215, Pending at $399,000 ($297/sq ft). 2 bd · 2 ba · 1,343 sqft · $297/sqft · 0.03 ac.

Pending · $399,000

2 beds2 baths1,343 sq ft$297 /sq ft0.03 acres

MLS #3247731 · listed June 22, 2026 · 80 days on market · updated July 31, 2026

2-bed, 2-bath condo at 504 Armistead Pl in Burlington, Nashville, 1,343 sqft, $399,000 ($297/sqft), by Compass.

The quick read

Status: this condo is currently under contract, per RealTracs as of July 31, 2026.

504 Armistead Pl is a 2-bedroom, 2-bath condo in Nashville, TN 37215, offered at $399,000, about $297/sq ft across 1,343 sq ft.

At $297/sq ft, this condo is about 32% below the Nashville 37215 median list price per square foot of $436.

Market read: the Nashville 37215 condos market is balanced, at about 5.2 months of inventory.

All-in, about $2,954/mo at 20% down (6.89% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $854/mo, roughly 29% of the all-in monthly payment.

At the current 6.89% 30-year rate, principal and interest on this condo runs about $2,100/mo; at the 6.67% rate of about three months ago it would be roughly $2,053/mo, so monthly P&I is about $47 higher now.

Next step: ask Grant Hammond anything about 504 Armistead Pl (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of July 31, 2026. RealTracs via IDX.

This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.

Description of 504 Armistead Pl

Priced below recent tax appraisal to allow buyer to make his or her own updates, this all-brick, flat condo offers a coveted, one-level floorplan with 2 bedrooms, 2 bathrooms, generous spaces, timeless hardwood and parquet floors, 10' crown-moulded ceilings, charismatic bay window, private rear patio, assigned parking spot and parking for guests. Situated amid the exclusive and convenient Burlington neighborhood, built around the preserved historic Burlington Mansion, this community is whimsical with charm, lush with landscaping, and peaceful with a babbling brook, offering wonderful amenities such as an 8-acre park, playground, walking trails, and a gazebo. Walking distance to the Green Hills Mall, Hill Center offices, shopping, and restaurants, YMCA, Julia Green Elementary School and Kroger.

Listing remarks via the RealTracs Internet Data Exchange.

Highlights

Built 1982

Full property details

Complete reported fields for 504 Armistead Pl (reference).

MLS #3247731
StatusPending
Price$399,000
Price / sqft$297
Bedrooms2
Bathrooms2
Living area1,343 sqft
Lot size0.03 acres
Year built1982
All 29 property fields
Stories1
HeatingCentral, Natural Gas
CoolingYes
BasementCrawl Space
ConstructionBrick
ParkingParking Lot, Paved
Annual taxes$3,031
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Stainless Steel Appliance(s)
Interior featuresEntrance Foyer, High Ceilings, High Speed Internet, Open Floorplan
Architectural styleTraditional
Water sourcePublic
SewerPublic Sewer
UtilitiesElectricity Available, Natural Gas Available, Water Available, Cable Connected, Underground Utilities
HOA dues$328 / mo
SubdivisionBurlington
CountyDavidson
AmenitiesInsurance, Maintenance Grounds, Maintenance Structure, Pest Control, Trash
ListedJune 22, 2026
Days on market80
UpdatedJuly 31, 2026

Listing activity

DateEventPriceChange
Last recorded sale$120,000
Listed$399,000
  • Listed at $399,000, about 233% above the last recorded sale ($120,000, October 21, 1994).
  • County assessment: $430,800 total appraised value (land $93,000 + improvements $337,800).

County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.

Cost of ownership

Estimated monthly ownership for 504 Armistead Pl at $399,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$399,000
HOA dues$328 / mo
HOA fee includesConfirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost.
Property tax basisAssessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate

Financing 504 Armistead Pl, Nashville

Estimated total monthly payment for 504 Armistead Pl is about $2,954/mo, 20% down on a 30-year fixed at 6.89% (a conforming loan), including principal & interest $2,100, estimated property tax $231, homeowners insurance $295, and HOA dues $328. Estimate only; not a loan offer.

Principal & interest$2,100/mo
Property tax (est.)$231/mo
Homeowners insurance (est.)$295/mo
HOA dues$328/mo
Estimated total$2,954/mo
7.25%6.13%6.89%January 14, 2025September 8, 2026
30-year fixed ranged 6.13% to 7.25% over the last 104 readings, currently 6.89% (Mortgage News Daily, as of September 8, 2026).

Assumes 20% down, 30-year fixed at 6.89% (Mortgage News Daily, as of September 8, 2026). Property tax uses the Davidson County General 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.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
5.89%$1,891/mo$2,745/mo-$209/mo
6.39%$1,995/mo$2,849/mo-$105/mo
6.89%$2,100/mo$2,954/mocurrent
7.39%$2,208/mo$3,062/mo+$108/mo
7.89%$2,318/mo$3,172/mo+$218/mo

Principal & interest on a 30-year fixed at 20% down ($319,200 loan), with property tax, insurance, and HOA held constant at $854/mo. Current 30-year fixed 6.89% (Mortgage News Daily, as of September 8, 2026). Estimate only; not a loan offer.

Buy versus rent, 504 Armistead Pl

Owning 504 Armistead Pl runs about $2,954/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.

True cost of ownership, HOA included

HOA dues$328 / mo (about 11% of the estimated total payment)
HOA per year$3,936
HOA over 5 years$19,680 (at current dues)
Effective carrying cost$2.2 / sq ft / mo (estimated total over 1,343 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.

How this condo is priced in its building

How 504 Armistead Pl compares in Nashville 37215

MetricThis condoNashville 37215 activeRecently sold
Price / sq ft$297$436 median-
Price position15th pctile-32% vs median-
Nashville 37215 vs greater Nashville-+30%-

This listing beside the active Nashville 37215 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of September 9, 2026.

How this condo compares in Nashville 37215

Among the 283 active condos in Nashville 37215, this condo at $297/sq ft falls in the 15th percentile on price per square foot.

Nashville 37215 trades about 30% above greater Nashville on a price-per-square-foot basis.

Taken together, this condo reads toward the lower end per square foot for Nashville 37215.

Computed by Grant Hammond from 283 Nashville 37215 comparables (RealTracs via IDX), as of September 9, 2026, refreshed weekly.

Competition & market pace

Active listings89 in Nashville 37215 condos
Recent absorptionabout 17.1 sales / mo
Months of inventory5.2 months, a balanced market

Supply-side and recent-sale context for Nashville 37215 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37215 condos closings. Source RealTracs via IDX, as of September 8, 2026.

Location & neighborhood

504 Armistead Pl sits in Burlington, Nashville, Davidson County.

Nashville 37215 market snapshot

In Nashville 37215, homes there are priced around $436 per square foot; inventory in Nashville 37215 condos is running at about 5.2 months, a balanced market.

Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of September 9, 2026.

Approximately 4.6 miles from downtown Nashville (straight-line distance).

Assigned schools

504 Armistead Pl is zoned for Julia Green Elementary, John Trotwood Moore Middle, Hillsboro Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.

High
Hillsboro Comp High School

Ask Grant about 504 Armistead Pl

Get the full details, recent comparable sales, and any off-market options for 504 Armistead Pl - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

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Similar & nearby

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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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Popular searches in Nashville

Frequently asked questions about 504 Armistead Pl

Is 504 Armistead Pl, Nashville still for sale?

As of the latest update (July 31, 2026), 504 Armistead Pl, Nashville is pending, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.

How much does 504 Armistead Pl, Nashville cost?

504 Armistead Pl, Nashville is listed at $399,000, about $297 per square foot across 1,343 square feet.

How many bedrooms and bathrooms does 504 Armistead Pl, Nashville have?

2 bedrooms and 2 bathrooms.

What is the price per square foot?

About $297 per square foot ($399,000 across 1,343 sqft).

When was 504 Armistead Pl, Nashville built?

504 Armistead Pl, Nashville was built in 1982.

Does 504 Armistead Pl, Nashville have a garage?

No garage is reported in the listing.

Are there HOA dues?

HOA dues are $328 per month, as listed.

What subdivision is 504 Armistead Pl, Nashville in?

504 Armistead Pl, Nashville is in the Burlington subdivision of Nashville.

What is the estimated monthly payment for 504 Armistead Pl, Nashville?

About $2,954 a month with 20% down on a 30-year fixed at 6.89%, principal and interest $2,100, estimated property tax $231, insurance $295, and HOA $328. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.

What schools is 504 Armistead Pl, Nashville zoned for?

504 Armistead Pl, Nashville is zoned for Julia Green Elementary, John Trotwood Moore Middle, Hillsboro Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.

What do the HOA dues cover at 504 Armistead Pl, Nashville?

HOA dues are $328 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.

How is 504 Armistead Pl, Nashville priced versus the building?

At $297 per square foot, 504 Armistead Pl, Nashville is in the 15th percentile of active listings in the Nashville 37215, about 32% below the $436 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

How do I schedule a tour of 504 Armistead Pl, Nashville?

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.

How do I make an offer on 504 Armistead Pl, Nashville?

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.

Are more photos and details available for 504 Armistead Pl, Nashville?

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.

Who can tell me more about 504 Armistead Pl, Nashville?

Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.

How is 504 Armistead Pl, Nashville priced compared to the market?

At about $297 per square foot, 504 Armistead Pl, Nashville ranks in the 15th percentile of active Nashville 37215 listings by price per square foot, roughly 32% below the Nashville 37215 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Nashville 37215 condos market favoring buyers or sellers?

The Nashville 37215 condos market is currently balanced, at about 5.2 months of inventory, per RealTracs as of September 8, 2026.

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