705 Mount Carmel Pl, Nashville, TN 37205
705 Mount Carmel Pl, Nashville, TN 37205, Pending at $499,900 ($346/sq ft). 3 bd · 2 ba · 1,444 sqft · $346/sqft · 0.03 ac.
705 Mount Carmel Pl, Nashville, TN 37205, Pending at $499,900 ($346/sq ft). 3 bd · 2 ba · 1,444 sqft · $346/sqft · 0.03 ac.
Pending · $499,900
MLS #3250669 · listed May 30, 2026 · 93 days on market · updated August 14, 2026
3-bed, 2-bath condo at 705 Mount Carmel Pl in The Cloister At St Henry, Nashville, 1,444 sqft, $499,900 ($346/sqft), by Regal Realty Group.
Status: this condo is currently under contract, per RealTracs as of August 14, 2026.
705 Mount Carmel Pl is a 3-bedroom, 2-bath condo in Nashville, TN 37205, offered at $499,900, about $346/sq ft across 1,444 sq ft.
At $346/sq ft, this condo is about 16% below the Nashville 37205 median list price per square foot of $414.
Market read: the The Cloister At St Henry market is seller-favored, at about 2 months of inventory.
All-in, about $3,673/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 $1,063/mo, roughly 29% of the all-in monthly payment.
At the current 6.81% 30-year rate, principal and interest on this condo runs about $2,610/mo; at the 6.56% rate of about three months ago it would be roughly $2,544/mo, so monthly P&I is about $66 higher now.
Next step: ask Grant Hammond anything about 705 Mount Carmel Pl (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of August 14, 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.
Don't miss one of the prettiest units in the neighborhood! The Cloister is a 55+ community nestled in the rolling hills of Middle?Tennessee. Located in a quiet cul-de-sac, this fully updated home showcases hardwood and tile flooring, quartz countertops, stainless steel appliances, and contemporary finishes, creating a stylish, move-in-ready space you'll love. The large back deck offers a quiet retreat to take in the area's abundant natural beauty.?Water Heater - 2019. HVAC - 2025.
Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 705 Mount Carmel Pl (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $499,900 | — |
Estimated monthly ownership for 705 Mount Carmel Pl at $499,900: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $499,900 |
|---|---|
| HOA dues | $450 / 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 705 Mount Carmel Pl is about $3,673/mo, 20% down on a 30-year fixed at 6.81% (a conforming loan), including principal & interest $2,610, estimated property tax $290, homeowners insurance $323, and HOA dues $450. Estimate only; not a loan offer.
| Principal & interest | $2,610/mo |
|---|---|
| Property tax (est.) | $290/mo |
| Homeowners insurance (est.) | $323/mo |
| HOA dues | $450/mo |
| Estimated total | $3,673/mo |
Assumes 20% down, 30-year fixed at 6.81% (Mortgage News Daily, as of August 28, 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.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 5.81% | $2,349/mo | $3,412/mo | -$261/mo |
| 6.31% | $2,478/mo | $3,541/mo | -$132/mo |
| 6.81% | $2,610/mo | $3,673/mo | current |
| 7.31% | $2,744/mo | $3,807/mo | +$134/mo |
| 7.81% | $2,882/mo | $3,945/mo | +$272/mo |
Principal & interest on a 30-year fixed at 20% down ($399,920 loan), with property tax, insurance, and HOA held constant at $1,063/mo. Current 30-year fixed 6.81% (Mortgage News Daily, as of August 28, 2026). Estimate only; not a loan offer.
Owning 705 Mount Carmel Pl runs about $3,673/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 | $450 / mo (about 12% of the estimated total payment) |
|---|---|
| HOA per year | $5,400 |
| HOA over 5 years | $27,000 (at current dues) |
| Effective carrying cost | $2.544 / sq ft / mo (estimated total over 1,444 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 37205 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $346 | $414 median | - |
| Price position | 33rd pctile | -16% vs median | - |
| Nashville 37205 vs greater Nashville | - | +23% | - |
This listing beside the active Nashville 37205 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of August 30, 2026.
Among the 256 active condos in Nashville 37205, this condo at $346/sq ft falls in the 33rd percentile on price per square foot.
Nashville 37205 trades about 23% above greater Nashville on a price-per-square-foot basis.
Taken together, this condo reads in line with Nashville 37205 on a per-square-foot basis.
Computed by Grant Hammond from 256 Nashville 37205 comparables (RealTracs via IDX), as of August 30, 2026, refreshed weekly.
Median closed price and price per square foot by unit size in The Cloister At St Henry, from the last 24 months of recorded sales:
| Unit size | Median sold | Median $/sq ft | Closings |
|---|---|---|---|
| 2 BR | $390,000 | $301 | 9 |
| 3 BR | $436,000 | $300 | 13 |
Computed by Grant Hammond from recorded The Cloister At St Henry closings, grouped by unit size (RealTracs via IDX).
In The Cloister At St Henry, the median sale price per square foot has moved from about $304 (2025-10) to about $302 (2026-08), roughly 1% down across the last 5 months of recorded sales.
Computed by Grant Hammond from the monthly price-per-square-foot of recorded The Cloister At St Henry closings (RealTracs via IDX).
| Active listings | 3 in The Cloister At St Henry |
|---|---|
| Recent absorption | about 1.5 sales / mo |
| Months of inventory | 2 months, a seller-favored market (tight supply) |
Supply-side and recent-sale context for The Cloister At St Henry. Sale figures are trailing 6/12/24-month medians of recorded The Cloister At St Henry closings. Source RealTracs via IDX, as of August 29, 2026.
705 Mount Carmel Pl sits in The Cloister At St Henry, Nashville, Davidson County.
In Nashville 37205, homes there are priced around $414 per square foot; inventory in The Cloister At St Henry is running at about 2 months, a seller-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-08-30.
Approximately 7.9 miles from downtown Nashville (straight-line distance).
705 Mount Carmel Pl is zoned for Westmeade Elementary, Bellevue Middle, James Lawson 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 705 Mount Carmel Pl - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 705 Mount Carmel Pl, by price and size.
Listed with Regal Realty Group. 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 (August 14, 2026), 705 Mount Carmel Pl, Nashville is pending, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
705 Mount Carmel Pl, Nashville is listed at $499,900, about $346 per square foot across 1,444 square feet.
3 bedrooms and 2 bathrooms.
About $346 per square foot ($499,900 across 1,444 sqft).
705 Mount Carmel Pl, Nashville was built in 1986.
Yes, 1 garage spaces, per the listing.
HOA dues are $450 per month, as listed.
705 Mount Carmel Pl, Nashville is in The Cloister At St Henry subdivision of Nashville.
About $3,673 a month with 20% down on a 30-year fixed at 6.81%, principal and interest $2,610, estimated property tax $290, insurance $323, 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.
705 Mount Carmel Pl, Nashville is zoned for Westmeade Elementary, Bellevue Middle, James Lawson High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
HOA dues are $450 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
At $346 per square foot, 705 Mount Carmel Pl, Nashville is in the 33rd percentile of active listings in the Nashville 37205, about 16% below the $414 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 $346 per square foot, 705 Mount Carmel Pl, Nashville ranks in the 33rd percentile of active Nashville 37205 listings by price per square foot, roughly 16% below the Nashville 37205 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The The Cloister At St Henry market is currently seller-favored (tight supply), at about 2 months of inventory, per RealTracs as of 2026-08-29.
Thinking of selling in The Cloister At St Henry?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.