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681 Mercer Dr, Hermitage, TN 37076

681 Mercer Dr, Hermitage, TN 37076, Active at $250,000 ($222/sq ft). 2 bd · 1.5 ba (1 full, 1 half) · 1,128 sqft · $222/sqft · 0.13 ac.

Active · $250,000

2 beds1.5 baths1,128 sq ft$222 /sq ft0.13 acres

MLS #3594320 · listed September 14, 2026 · 52 days on market · updated October 15, 2026

2-bed, 1.5-bath condo at 681 Mercer Dr in Meadows Of Tulip Grove, Hermitage, 1,128 sqft, $250,000 ($222/sqft), by The Ashton Real Estate Group of RE/MAX Advantage.

The quick read

681 Mercer Dr is a 2-bedroom, 1.5-bath condo in Hermitage, TN 37076, offered at $250,000, about $222/sq ft across 1,128 sq ft.

At $222/sq ft, this condo is priced in line with the Hermitage 37076 list-price median of $227/sq ft.

Recently sold in Hermitage 37076: 94 comparable condos from $165,000 to $336,990, a median of $219/sq ft; this listing at $222/sq ft is about 1% above recent sold prices.

Market read: the Hermitage condos market is balanced as of November 1, 2026, at about 4.1 months of inventory; recent sales have closed near 98.7% of list in the 12 months to November 1, 2026.

All-in, about $1,715/mo at 20% down (7.27% 30-year fixed).

At the current 7.27% 30-year rate, principal and interest on this condo runs about $1,367/mo; at the 6.83% rate of about three months ago it would be roughly $1,308/mo, so monthly P&I is about $59 higher now.

Next step: ask Grant Hammond anything about 681 Mercer Dr (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of November 5, 2026. Realtracs via IDX.

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

Description of 681 Mercer Dr

This inviting brick home offers comfortable living with a functional two-story floor plan and traditional character. The main level features a spacious living room centered around a brick wood-burning fireplace, creating a warm and welcoming space for relaxing or gathering. The kitchen provides ample space for everyday cooking and includes a convenient pantry, while the adjoining dining area offers a natural setting for meals and entertaining. Upstairs, the primary bedroom offers generous space, two closets, and a private bath, while the second bedroom provides additional flexibility. A dedicated laundry area and half bath on the main level add convenience to the thoughtful layout. With its brick exterior, spacious living areas, cozy fireplace, and practical layout, this home offers both character and functionality. Up to 1% lender credit on the loan amount when buyer uses Seller's Preferred Lender.

Listing remarks via the Realtracs Internet Data Exchange.

What the listing photos show

The listing photos show a two-story townhouse with light gray siding over brick at the lower level, a bay window and a covered entry. Inside, the living room has wood-look vinyl floors, a brick fireplace with built-in shelving and a bay window that lets in daylight. The setting is a residential street in Hermitage with a grassy front lawn and a shrub hedge along the side of the home.

Seen in the photos: brick fireplace, built-in shelving, bay window, wood-look vinyl floors, ceiling fan, covered entry, two-story exterior, brick lower walls.

Described from the Realtracs listing photos; measurements, counts and features per the listing and county records on this page.

Highlights

Built 1984

Full property details

Complete reported fields for 681 Mercer Dr (reference).

MLS #3594320
StatusActive
Price$250,000
Price / sqft$222
Bedrooms2
Bathrooms1.5 (1 full, 1 half)
Living area1,128 sqft
Lot size0.13 acres
Year built1984
All 28 property fields
Stories1
HeatingCentral, Electric
CoolingYes
BasementNone
ConstructionBrick, Vinyl Siding
ParkingAggregate, Driveway
Annual taxes$1,582
AppliancesDishwasher, Electric Oven, Electric Range, Refrigerator
Interior featuresBuilt-in Features, Ceiling Fan(s), Walk-In Closet(s)
FireplaceYes
Architectural styleTraditional
Water sourcePublic
SewerPublic Sewer
UtilitiesElectricity Available, Water Available
SubdivisionMeadows Of Tulip Grove
CountyDavidson
ListedSeptember 14, 2026
Days on market52
UpdatedOctober 15, 2026

Listing activity

DateEventPriceChange
Price change$250,000-$5,000 (-2.0%)
Price change$255,000-$5,000 (-1.9%)
Listed$260,000
Deed recorded$225,000
Deed recorded$198,700
Deed recorded$152,000
Deed recorded$83,000
Deed recorded$69,300
Deed recorded$54,400
Deed recorded$15,000
Quitclaim deedNo price recorded
Deed recorded$90,000
Quitclaim deedNo price recorded

Listed September 14, 2026, this listing has been on the market 52 days as of November 5, 2026. It was originally listed at $260,000; the asking price is now $250,000 (-3.8%).

  • Listed at $250,000, about 11% above the last recorded sale ($225,000, October 28, 2022).
  • County assessment: $227,400 total appraised value (land $72,000 + improvements $155,400).

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

Assessment history

The Davidson County Assessor's appraised value of 681 Mercer Dr by year: $58,500 in 1999 to $227,400 in 2025, a change of +289%. Appraised value is the county's figure for taxation, not a market value or a sale price.

YearLandBuildingYard itemsTotalCategory
2025$72,000$155,400$0$227,400ROLL
2021$49,600$120,900$0$170,500ROLL
2017$20,000$65,000$0$85,000ROLL
2013$12,500$40,100$0$52,600ROLL
2009$18,500$69,200$0$87,700ROLL
2005$16,500$56,400$0$72,900ROLL
2001$11,000$59,700$0$70,700ROLL
2000$12,500$46,000$0$58,500ROLL
1999$12,500$46,000$0$58,500ROLL

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.

Cost of ownership

Estimated monthly ownership for 681 Mercer Dr at $250,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$250,000
Property tax basisAssessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate

Financing 681 Mercer Dr, Hermitage

Estimated total monthly payment for 681 Mercer Dr is about $1,715/mo, 20% down on a 30-year fixed at 7.27% (a conforming loan), including principal & interest $1,367, estimated property tax $145, homeowners insurance $203. Estimate only; not a loan offer.

Principal & interest$1,367/mo
Property tax (est.)$145/mo
Homeowners insurance (est.)$203/mo
Estimated total$1,715/mo
7.61%6.13%7.27%February 19, 2025October 30, 2026
30-year fixed ranged 6.13% to 7.61% over the last 104 readings, currently 7.27% (Mortgage News Daily, as of October 30, 2026).

Assumes 20% down, 30-year fixed at 7.27% (Mortgage News Daily, as of October 30, 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
6.27%$1,234/mo$1,582/mo-$133/mo
6.77%$1,300/mo$1,648/mo-$67/mo
7.27%$1,367/mo$1,715/mocurrent
7.77%$1,436/mo$1,784/mo+$69/mo
8.27%$1,505/mo$1,853/mo+$138/mo

Principal & interest on a 30-year fixed at 20% down ($200,000 loan), with property tax, insurance held constant at $348/mo. Current 30-year fixed 7.27% (Mortgage News Daily, as of October 30, 2026). Estimate only; not a loan offer.

Buy versus rent, 681 Mercer Dr

Owning 681 Mercer Dr runs about $1,715/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.

Property-tax outlook

The Davidson County appraised value of $227,400 trails the $250,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,582 now to roughly $1,739 (appraised value times the 25% Tennessee residential ratio times the Davidson County General 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.

How this condo is priced in its building

How 681 Mercer Dr compares in Hermitage 37076

MetricThis condoHermitage 37076 activeRecently sold
Price / sq ft$222$227 median$219 median
Price position45th pctile-2% vs median~98.7% of list
Recent closings--94 sales

This listing beside the active Hermitage 37076 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 5, 2026.

How this condo compares in Hermitage 37076

At $222/sq ft, this condo ranks in the 45th percentile of the 316 active condos in Hermitage 37076 by price per square foot.

Computed by Grant Hammond from 316 Hermitage 37076 comparables (Realtracs via IDX), as of November 5, 2026, refreshed weekly.

Competition & market pace

Active listings40 in Hermitage condos
Recent absorptionabout 9.8 sales / mo
Months of inventory4.1 months, a balanced market

Over the past 12 months, homes in Hermitage condos sold at about 98.7% of list price.

Recorded sales in Hermitage condos: 206 in the past 12 months.

Supply-side and recent-sale context for Hermitage condos. Sale figures are trailing 6/12/24-month medians of recorded Hermitage condos closings. Source Realtracs via IDX, as of November 1, 2026.

Location & neighborhood

681 Mercer Dr sits in Meadows Of Tulip Grove, Hermitage, Davidson County.

Hermitage 37076 market snapshot

In Hermitage 37076, homes there are priced around $227 per square foot; inventory in Hermitage condos is running at about 4.1 months, a balanced market; recent sales closed near 98.7% of list price; 94 sales have been recorded in the past year.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of November 1, 2026.

Approximately 10 miles from downtown Nashville (straight-line distance).

Assigned schools

681 Mercer Dr is zoned for Tulip Grove Elementary, DuPont Tyler Middle, McGavock Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.

High
McGavock Comp High School

Ask Grant about 681 Mercer Dr

Get the full details, recent comparable sales, and any off-market options for 681 Mercer Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

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Similar & nearby

Similar listings nearby

Comparable listings near 681 Mercer Dr, by price and size.

Listed by Gary Ashton, The Ashton Real Estate Group of RE/MAX Advantage. 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

Frequently asked questions about 681 Mercer Dr

Is 681 Mercer Dr, Hermitage still for sale?

As of the latest update (November 5, 2026), 681 Mercer Dr, Hermitage is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 681 Mercer Dr been on the market?

681 Mercer Dr was listed on September 14, 2026 and has been on the market 52 days as of November 5, 2026, per Realtracs.

Has the price of 681 Mercer Dr changed?

Yes. It was originally listed at $260,000; the asking price is now $250,000 (-3.8%).

What do the photos of 681 Mercer Dr, Hermitage show?

The listing photos show a two-story townhouse with light gray siding over brick at the lower level, a bay window and a covered entry. Features seen in the photos include brick fireplace, built-in shelving, bay window, wood-look vinyl floors, ceiling fan and covered entry. Described from the Realtracs listing photos.

How much does 681 Mercer Dr, Hermitage cost?

681 Mercer Dr, Hermitage is listed at $250,000, about $222 per square foot across 1,128 square feet.

How many bedrooms and bathrooms does 681 Mercer Dr, Hermitage have?

2 bedrooms and 1.5 bathrooms (1 full, 1 half).

What is the price per square foot?

About $222 per square foot ($250,000 across 1,128 sqft).

When was 681 Mercer Dr, Hermitage built?

681 Mercer Dr, Hermitage was built in 1984.

Does 681 Mercer Dr, Hermitage have a garage?

No garage is reported in the listing.

Are there HOA dues?

No HOA dues are reported for this home.

What subdivision is 681 Mercer Dr, Hermitage in?

681 Mercer Dr, Hermitage is in the Meadows Of Tulip Grove subdivision of Hermitage.

What is the estimated monthly payment for 681 Mercer Dr, Hermitage?

About $1,715 a month with 20% down on a 30-year fixed at 7.27%, principal and interest $1,367, estimated property tax $145, insurance $203. 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 681 Mercer Dr, Hermitage zoned for?

681 Mercer Dr, Hermitage is zoned for Tulip Grove Elementary, DuPont Tyler Middle, McGavock 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 681 Mercer Dr, Hermitage?

No HOA dues are reported; confirm the building's fee structure.

How is 681 Mercer Dr, Hermitage priced versus the building?

At $222 per square foot, 681 Mercer Dr, Hermitage is in the 45th percentile of active listings in the Hermitage 37076, about 2% below the $227 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 681 Mercer Dr, Hermitage?

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 681 Mercer Dr, Hermitage?

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 681 Mercer Dr, Hermitage?

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 681 Mercer Dr, Hermitage?

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.

How is 681 Mercer Dr, Hermitage priced compared to the market?

At about $222 per square foot, 681 Mercer Dr, Hermitage ranks in the 45th percentile of active Hermitage 37076 listings by price per square foot; recent comparable sales in Hermitage 37076 closed near $219 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Hermitage condos market favoring buyers or sellers?

The Hermitage condos market is currently balanced, at about 4.1 months of inventory; recent sales have closed near 98.7% of list price over the past year, per Realtracs as of November 1, 2026.

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