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500 Merritt Ave 204, Nashville, TN 37203

500 Merritt Ave 204, Nashville, TN 37203, Active at $779,000 ($686/sq ft). 2 bd · 2 ba · 1,136 sqft · $686/sqft · 0.03 ac.

Active · $779,000

2 beds2 baths1,136 sq ft$686 /sq ft0.03 acres

MLS #3320949 · updated August 4, 2026

2-bed, 2-bath condo at 500 Merritt Ave 204 in Maslow, Nashville, 1,136 sqft, $779,000 ($686/sqft), by Compass.

The quick read

500 Merritt Ave 204 is a 2-bedroom, 2-bath condo in Nashville, TN 37203, offered at $779,000, about $686/sq ft across 1,136 sq ft.

At $686/sq ft, this condo is about 12% above the Nashville 37203 median list price per square foot of $612.

Market read: the Nashville 37203 condos market is buyer-favored, at about 18.1 months of inventory.

All-in, about $5,322/mo at 20% down (6.674% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $1,311/mo, roughly 25% of the all-in monthly payment.

At the current 6.674% 30-year rate, principal and interest on this condo runs about $4,011/mo; at the 6.382% rate of about three months ago it would be roughly $3,891/mo, so monthly P&I is about $120 higher now.

Next step: ask Grant Hammond anything about 500 Merritt Ave 204 (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of August 4, 2026. RealTracs via IDX.

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

Highlights

Built 2024

Full property details

Complete reported fields for 500 Merritt Ave 204 (reference).

MLS #3320949
StatusActive
Price$779,000
Price / sqft$686
Bedrooms2
Bathrooms2
Living area1,136 sqft
Lot size0.03 acres
Year built2024
All 26 property fields
Stories1
HeatingCentral, Electric
CoolingYes
BasementNone
ConstructionFiber Cement
ParkingAssigned
Annual taxes$5,004
AppliancesBuilt-In Gas Range, Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
Interior featuresKitchen Island
Water sourcePublic
SewerPublic Sewer
UtilitiesElectricity Available, Water Available
HOA dues$444 / mo
SubdivisionMaslow
CountyDavidson
AmenitiesInsurance, Maintenance Grounds, Maintenance Structure, Trash
UpdatedAugust 4, 2026

Listing activity

No price changes or prior sales are on record for 500 Merritt Ave 204 yet; the GH Market Engine tracks this listing and will show dated activity as it occurs.

Cost of ownership

Estimated monthly ownership for 500 Merritt Ave 204 at $779,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$779,000
HOA dues$444 / 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 500 Merritt Ave 204, Nashville

Estimated total monthly payment for 500 Merritt Ave 204 is about $5,322/mo, 20% down on a 30-year fixed at 6.674% (a conforming loan), including principal & interest $4,011, estimated property tax $457, homeowners insurance $410, and HOA dues $444. Estimate only; not a loan offer.

Principal & interest$4,011/mo
Property tax (est.)$457/mo
Homeowners insurance (est.)$410/mo
HOA dues$444/mo
Estimated total$5,322/mo
7.052%5.942%6.674%2024-07-112026-08-04
30-year fixed ranged 5.942% to 7.052% over the last 104 readings, currently 6.674% (Freddie Mac PMMS via the GH rate feed).

Assumes 20% down, 30-year fixed at 6.674% (Freddie Mac PMMS, as of 2026-08-04). 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.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
5.674%$3,607/mo$4,918/mo-$404/mo
6.174%$3,806/mo$5,117/mo-$205/mo
6.674%$4,011/mo$5,322/mocurrent
7.174%$4,219/mo$5,530/mo+$208/mo
7.674%$4,432/mo$5,743/mo+$421/mo

Principal & interest on a 30-year fixed at 20% down ($623,200 loan), with property tax, insurance, and HOA held constant at $1,311/mo. Current 30-year fixed 6.674% (Freddie Mac PMMS, as of 2026-08-04). Estimate only; not a loan offer.

Buy versus rent, 500 Merritt Ave 204

Owning 500 Merritt Ave 204 runs about $5,322/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$444 / mo (about 8% of the estimated total payment)
HOA per year$5,328
HOA over 5 years$26,640 (at current dues)
Effective carrying cost$4.685 / sq ft / mo (estimated total over 1,136 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 500 Merritt Ave 204 compares in Nashville 37203

MetricThis condoNashville 37203 activeRecently sold
Price / sq ft$686$612 median-
Price position58th pctile+12% 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 2026-08-06.

How this condo compares in Nashville 37203

At $686/sq ft, this condo ranks in the 58th percentile of the active condos in Nashville 37203 by 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 2026-08-06, refreshed weekly.

Competition & market pace

Active listings417 in Nashville 37203 condos
Recent absorptionabout 23 sales / mo
Months of inventory18.1 months, a buyer-favored market (ample supply)

Supply-side and recent-sale context for Nashville 37203 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37203 condos closings. Source RealTracs via IDX, as of 2026-08-03.

Location & neighborhood

500 Merritt Ave 204 sits in Maslow, Nashville, Davidson County.

Nashville 37203 market snapshot

In Nashville 37203, homes there are priced around $612 per square foot; inventory in Nashville 37203 condos is running at about 18.1 months, a buyer-favored market.

Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-08-06.

Assigned schools

500 Merritt Ave 204 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.

Middle
Cameron College Preparatory

Ask Grant about 500 Merritt Ave 204

Get the full details, recent comparable sales, and any off-market options for 500 Merritt Ave 204 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

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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 500 Merritt Ave 204

Is 500 Merritt Ave 204, Nashville still for sale?

As of the latest update (August 4, 2026), 500 Merritt Ave 204, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.

How much does 500 Merritt Ave 204, Nashville cost?

500 Merritt Ave 204, Nashville is listed at $779,000, about $686 per square foot across 1,136 square feet.

How many bedrooms and bathrooms does 500 Merritt Ave 204, Nashville have?

2 bedrooms and 2 bathrooms.

What is the price per square foot?

About $686 per square foot ($779,000 across 1,136 sqft).

When was 500 Merritt Ave 204, Nashville built?

500 Merritt Ave 204, Nashville was built in 2024.

Does 500 Merritt Ave 204, Nashville have a garage?

No garage is reported in the listing.

Are there HOA dues?

HOA dues are $444 per month, as listed.

What subdivision is 500 Merritt Ave 204, Nashville in?

500 Merritt Ave 204, Nashville is in the Maslow subdivision of Nashville.

What is the estimated monthly payment for 500 Merritt Ave 204, Nashville?

About $5,322 a month with 20% down on a 30-year fixed at 6.674%, principal and interest $4,011, estimated property tax $457, insurance $410, and HOA $444. 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 500 Merritt Ave 204, Nashville zoned for?

500 Merritt Ave 204, 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.

What do the HOA dues cover at 500 Merritt Ave 204, Nashville?

HOA dues are $444 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.

How is 500 Merritt Ave 204, Nashville priced versus the building?

At $686 per square foot, 500 Merritt Ave 204, Nashville is in the 58th percentile of active listings in the Nashville 37203, about 12% above the $612 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 500 Merritt Ave 204, 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 500 Merritt Ave 204, 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 500 Merritt Ave 204, 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 500 Merritt Ave 204, 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 500 Merritt Ave 204, Nashville priced compared to the market?

At about $686 per square foot, 500 Merritt Ave 204, Nashville ranks in the 58th percentile of active Nashville 37203 listings by price per square foot, roughly 12% above the Nashville 37203 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Nashville 37203 condos market favoring buyers or sellers?

The Nashville 37203 condos market is currently buyer-favored (ample supply), at about 18.1 months of inventory, per RealTracs as of 2026-08-03.

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