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370 Wallace Rd B3, Nashville, TN 37211

370 Wallace Rd B3, Nashville, TN 37211, for sale at $150,000 ($233/sq ft). 1 bd · 1 ba · 644 sqft · $233/sqft · 0.02 ac.

For sale · $150,000

1 bed1 bath644 sq ft$233 /sq ft0.02 acres

MLS #3597937 · listed September 21, 2026 · 51 days on market · updated September 23, 2026

1-bed, 1-bath condo at 370 Wallace Rd B3 in Southern Hills, Nashville, 644 sqft, $150,000 ($233/sqft), by Benchmark Realty, LLC.

The quick read

370 Wallace Rd B3 is a 1-bedroom, 1-bath condo in Nashville, TN 37211, offered at $150,000, about $233/sq ft across 644 sq ft.

At $233/sq ft, this condo is about 27% above the Southern Hills median list price per square foot of $183.

Recently sold in Nashville 37211: 46 comparable condos from $110,000 to $200,000, a median of $179/sq ft; this listing at $233/sq ft is about 30% above recent sold prices.

Market read: the Nashville 37211 condos market is buyer-favored as of November 4, 2026, at about 6.7 months of inventory; recent sales have closed near 98% of list in the 12 months to November 5, 2026.

All-in, about $1,316/mo at 20% down (7.30% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $493/mo, roughly 37% of the all-in monthly payment.

At the current 7.30% 30-year rate, principal and interest on this condo runs about $823/mo; at the 6.74% rate of about three months ago it would be roughly $778/mo, so monthly P&I is about $45 higher now.

Next step: ask Grant Hammond anything about 370 Wallace Rd B3 (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of November 11, 2026. Realtracs via IDX.

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

Description of 370 Wallace Rd B3

Comfort and convenience, well-maintained, features newer luxury vinyl plank flooring and updated lighting. Located across from Southern Hills Hospital. HOA includes water and trash service, plus access to the community swimming pool and tennis court. Info deemed to be reliable buyer buyer's agent to verify.

Listing remarks via the Realtracs Internet Data Exchange.

What the listing photos show

The listing photos show a one-story condo in a brick and shingled building with wood balconies and an exterior staircase. The interior has light vinyl plank flooring, a living room with a wall-mounted television, and a kitchen with dark blue cabinets, a mosaic tile backsplash and stainless steel appliances. The setting is a residential complex in Nashville with a community pool and tennis court.

Seen in the photos: vinyl plank flooring, brick exterior, wood balcony, kitchen with mosaic backsplash, dark cabinets, stainless steel refrigerator, ceiling fan with light, community pool.

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

Full property details

Complete reported fields for 370 Wallace Rd B3 (reference).

MLS #3597937
StatusActive
Price$150,000
Price / sqft$233
Bedrooms1
Bathrooms1
Living area644 sqft
Lot size0.02 acres
Year built1970
All 28 property fields
Stories1
HeatingCentral
CoolingYes
BasementNone
ConstructionAluminum Siding, Brick
Annual taxes$880
AppliancesElectric Range, OVEN
PoolIn Ground, Private
Water sourcePublic
SewerPublic Sewer
UtilitiesWater Available
HOA dues$250 / mo
SubdivisionSouthern Hills
CountyDavidson
Original list price$150,000 (September 21, 2026)
AmenitiesMaintenance Grounds, Maintenance Structure, Trash, Water
ListedSeptember 21, 2026
Days on market51
UpdatedSeptember 23, 2026

Listing activity

DateEventPrice
Listed$150,000
Deed recorded$79,900
Deed of correction$29,900
Deed recorded$29,900
Deed recorded$25,000

Listed September 21, 2026, this listing has been on the market 51 days as of November 11, 2026. The asking price has not changed since it was listed.

  • Listed at $150,000, about 88% above the last recorded sale ($79,900, May 23, 2018).
  • County assessment: $125,100 total appraised value (land $27,000 + improvements $98,100).

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 370 Wallace Rd B3 by year: $55,900 in 1999 to $125,100 in 2025, a change of +124%. Appraised value is the county's figure for taxation, not a market value or a sale price.

YearLandBuildingTotalCategory
2025$27,000$98,100$125,100ROLL
2021$22,000$58,600$80,600ROLL
2017$15,000$19,200$34,200ROLL
2013$6,000$19,500$25,500ROLL
2011$11,000$18,000$29,000ROLL
2009$11,000$18,000$29,000ROLL
2005$8,000$26,900$34,900ROLL
2001$7,000$27,300$34,300ROLL
2000$10,000$23,400$33,400ROLL
1999$10,000$45,900$55,900JUNE

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 370 Wallace Rd B3 at $150,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$150,000
HOA dues$250 / 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 370 Wallace Rd B3, Nashville

Estimated total monthly payment for 370 Wallace Rd B3 is about $1,316/mo, 20% down on a 30-year fixed at 7.30% (a conforming loan), including principal & interest $823, estimated property tax $87, homeowners insurance $156, and HOA dues $250. Estimate only; not a loan offer.

Principal & interest$823/mo
Property tax (est.)$87/mo
Homeowners insurance (est.)$156/mo
HOA dues$250/mo
Estimated total$1,316/mo

Assumes 20% down, 30-year fixed at 7.30% (Mortgage News Daily, as of November 10, 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
6.30%$743/mo$1,236/mo-$80/mo
6.80%$782/mo$1,275/mo-$41/mo
7.30%$823/mo$1,316/mocurrent
7.80%$864/mo$1,357/mo+$41/mo
8.30%$906/mo$1,399/mo+$83/mo

Principal & interest on a 30-year fixed at 20% down ($120,000 loan), with property tax, insurance, and HOA held constant at $493/mo. Current 30-year fixed 7.30% (Mortgage News Daily, as of November 10, 2026). Estimate only; not a loan offer.

Buy versus rent, 370 Wallace Rd B3

Owning 370 Wallace Rd B3 runs about $1,316/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$250 / mo (about 19% of the estimated total payment)
HOA per year$3,000
HOA over 5 years$15,000 (at current dues)
Effective carrying cost$2.043 / sq ft / mo (estimated total over 644 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.

Property-tax outlook

The Davidson County appraised value of $125,100 trails the $150,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $870 now to roughly $1,043 (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 370 Wallace Rd B3 compares in Nashville 37211

MetricThis condoNashville 37211 activeRecently sold
Price / sq ft$233$251 median$179 median
Price position38th pctile-7% vs median~98% of list
Nashville 37211 vs greater Nashville--25%-
Recent closings--46 sales

This listing beside the active Nashville 37211 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 11, 2026.

How this condo compares in Nashville 37211

Among the active condos in Nashville 37211, this condo at $233/sq ft falls in the 38th percentile on price per square foot.

Prices per square foot in Nashville 37211 run about 25% below greater Nashville.

Taken together, this condo is priced in line with Nashville 37211 on a per-square-foot basis.

Computed by Grant Hammond from the active Nashville 37211 comparables (Realtracs via IDX), as of November 11, 2026, refreshed weekly.

What units sell for in Southern Hills, by size

Median closed price and price per square foot by unit size in Southern Hills, from the last 24 months of recorded sales:

Unit sizeMedian soldMedian $/sq ftClosings
1 BR$128,125$1996
2 BR$189,500$1867

Computed by Grant Hammond from recorded Southern Hills closings, grouped by unit size (Realtracs via IDX).

Price per square foot trend in Southern Hills

In Southern Hills, the median sale price per square foot has moved from about $160 (2026-02) to about $202 (2026-08), roughly 26% up across the last 4 months of recorded sales.

Computed by Grant Hammond from the monthly price-per-square-foot of recorded Southern Hills closings (Realtracs via IDX).

Competition & market pace

Active listings137 in Nashville 37211 condos
Recent absorptionabout 20.4 sales / mo
Months of inventory6.7 months, a buyer-favored market (ample supply)

Over the past 12 months, homes in Nashville 37211 condos sold at about 98% of list price.

Recorded sales in Nashville 37211 condos: 359 in the past 12 months.

Supply-side and recent-sale context for Nashville 37211 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37211 condos closings. Source Realtracs via IDX, as of November 4, 2026.

Location & neighborhood

370 Wallace Rd B3 sits in Southern Hills, Nashville, Davidson County.

Southern Hills market snapshot

In Southern Hills, homes there are priced around $183 per square foot; inventory in Nashville 37211 condos is running at about 6.7 months, a buyer-favored market; recent sales in Nashville 37211 closed near 98% of list price; 46 sales have been recorded in the past year.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of November 5, 2026.

Approximately 6.6 miles from downtown Nashville (straight-line distance).

Assigned schools

370 Wallace Rd B3 is zoned for Norman Binkley Elementary, Croft Design Center, John Overton Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.

Middle
Croft Design Center
High
John Overton Comp High School

Ask Grant about 370 Wallace Rd B3

Get the full details, recent comparable sales, and any off-market options for 370 Wallace Rd B3 - 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 370 Wallace Rd B3, by price and size.

Listed by D Santos Gonzalez Jr, Benchmark Realty, LLC. 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 370 Wallace Rd B3

Is 370 Wallace Rd B3, Nashville still for sale?

As of the latest update (November 11, 2026), 370 Wallace Rd B3, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 370 Wallace Rd B3 been on the market?

370 Wallace Rd B3 was listed on September 21, 2026 and has been on the market 51 days as of November 11, 2026, per Realtracs.

Has the price of 370 Wallace Rd B3 changed?

No. The asking price has been $150,000 since it was listed on September 21, 2026.

What do the photos of 370 Wallace Rd B3, Nashville show?

The listing photos show a one-story condo in a brick and shingled building with wood balconies and an exterior staircase. Features seen in the photos include vinyl plank flooring, brick exterior, wood balcony, kitchen with mosaic backsplash, dark cabinets and stainless steel refrigerator. Described from the Realtracs listing photos.

How much does 370 Wallace Rd B3, Nashville cost?

370 Wallace Rd B3, Nashville is listed at $150,000, about $233 per square foot across 644 square feet.

How many bedrooms and bathrooms does 370 Wallace Rd B3, Nashville have?

1 bedroom and 1 bathroom.

What is the price per square foot?

About $233 per square foot ($150,000 across 644 sqft).

When was 370 Wallace Rd B3, Nashville built?

370 Wallace Rd B3, Nashville was built in 1970.

Does 370 Wallace Rd B3, Nashville have a garage?

No garage is reported in the listing.

Are there HOA dues?

HOA dues are $250 per month, as listed.

What subdivision is 370 Wallace Rd B3, Nashville in?

370 Wallace Rd B3, Nashville is in the Southern Hills subdivision of Nashville.

What is the estimated monthly payment for 370 Wallace Rd B3, Nashville?

About $1,316 a month with 20% down on a 30-year fixed at 7.30%, principal and interest $823, estimated property tax $87, insurance $156, and HOA $250. 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 370 Wallace Rd B3, Nashville zoned for?

370 Wallace Rd B3, Nashville is zoned for Norman Binkley Elementary, Croft Design Center, John Overton 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 370 Wallace Rd B3, Nashville?

HOA dues are $250 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.

How is 370 Wallace Rd B3, Nashville priced versus the building?

At $233 per square foot, 370 Wallace Rd B3, Nashville is in the 100th percentile of active listings in the Southern Hills, about 27% above the $183 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 370 Wallace Rd B3, 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 370 Wallace Rd B3, 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 370 Wallace Rd B3, 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 370 Wallace Rd B3, Nashville?

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 370 Wallace Rd B3, Nashville priced compared to the market?

At about $233 per square foot, 370 Wallace Rd B3, Nashville ranks in the 100th percentile of active Southern Hills listings by price per square foot, roughly 27% above the Southern Hills median; recent comparable sales in Southern Hills closed near $179 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Nashville 37211 condos market favoring buyers or sellers?

The Nashville 37211 condos market is currently buyer-favored (ample supply), at about 6.7 months of inventory; recent sales have closed near 98% of list price over the past year, per Realtracs as of November 4, 2026.

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