601 Madison St 103, Nashville, TN 37208
601 Madison St 103, Nashville, TN 37208, under contract (pending) at $775,000 ($556/sq ft). 2 bd · 2 ba · 1,395 sqft · $556/sqft · 0.03 ac.
601 Madison St 103, Nashville, TN 37208, under contract (pending) at $775,000 ($556/sq ft). 2 bd · 2 ba · 1,395 sqft · $556/sqft · 0.03 ac.
Under contract (pending) · $775,000
MLS #3620154 · listed October 3, 2026 · 31 days on market · updated November 2, 2026
2-bed, 2-bath home at 601 Madison St 103 in Elliott School, Nashville, 1,395 sqft, $775,000 ($556/sqft), by Benchmark Realty.
Status: this home is currently under contract, per Realtracs as of November 3, 2026.
601 Madison St 103 is a 2-bedroom, 2-bath home in Nashville, TN 37208, offered at $775,000, about $556/sq ft across 1,395 sq ft.
At $556/sq ft, this home is about 69% above the Nashville 37208 median list price per square foot of $329.
Recently sold in Nashville 37208: 45 comparable homes from $517,500 to $905,000, a median of $289/sq ft.
Market read: the Nashville 37208 homes market is buyer-favored as of November 3, 2026, at about 9 months of inventory; recent sales have closed near 98.2% of list in the 12 months to November 4, 2026.
All-in, about $5,566/mo at 20% down (7.30% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $1,315/mo, roughly 24% of the all-in monthly payment.
At the current 7.30% 30-year rate, principal and interest on this home runs about $4,251/mo; at the 6.75% rate of about three months ago it would be roughly $4,021/mo, so monthly P&I is about $230 higher now.
School zone: assigned to Jones Paideia Magnet, John Early Paideia Magnet, Pearl Cohn Magnet High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 601 Madison St 103 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of November 3, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
Located in Germantown's historic Elliott School, this two bedroom, two bath condo pairs original architectural details with thoughtful upgrades. The spacious living and dining area overlooks the neighborhood through five oversized windows, with 11 foot plus ceilings, original plaster walls, brick accents, and hardwood floors throughout the living spaces and bedrooms. Remote controlled blinds throughout and custom closets add everyday comfort and convenience. The kitchen features dark cabinetry, stainless steel appliances, and a large island with seating, opening directly to the living and dining area. Two true bedrooms each offer an en suite bath with porcelain tile. The primary bath includes a double vanity and glass enclosed shower, and a separate laundry room provides additional storage. Enjoy the landscaped garden terrace and gated gardens, or head upstairs to the shared rooftop terrace for panoramic views of downtown Nashville, grilling areas, and an indoor lounge with a kitchen. Additional amenities include a fitness facility and library lounge. With Germantown's restaurants, coffee shops, the Nashville Farmers' Market, and First Horizon Park nearby, this home offers a comfortable place to settle in with plenty to explore just outside your door.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 601 Madison St 103 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Pending | |||
| Under contract | |||
| Listed | $775,000 | ||
| Deed recorded | $699,000 | ||
| Quitclaim deed | $0 |
Listed October 3, 2026, this listing was on the market 31 days before it went under contract. It has been under contract since November 3, 2026.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
The Davidson County Assessor's appraised value of 601 Madison St 103 by year: $630,800 in 2022 to $865,300 in 2025, a change of +37%. Appraised value is the county's figure for taxation, not a market value or a sale price.
| Year | Land | Building | Yard items | Total | Category |
|---|---|---|---|---|---|
| 2025 | $121,000 | $744,300 | $0 | $865,300 | ROLL |
| 2022 | $120,000 | $510,800 | $0 | $630,800 | ROLL |
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.
Estimated monthly ownership for 601 Madison St 103 at $775,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $775,000 |
|---|---|
| HOA dues | $453 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 601 Madison St 103 is about $5,566/mo, 20% down on a 30-year fixed at 7.30% (a conforming loan), including principal & interest $4,251, estimated property tax $454, homeowners insurance $408, and HOA dues $453. Estimate only; not a loan offer.
| Principal & interest | $4,251/mo |
|---|---|
| Property tax (est.) | $454/mo |
| Homeowners insurance (est.) | $408/mo |
| HOA dues | $453/mo |
| Estimated total | $5,566/mo |
Assumes 20% down, 30-year fixed at 7.30% (Mortgage News Daily, as of November 3, 2026). 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.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 6.30% | $3,838/mo | $5,153/mo | -$413/mo |
| 6.80% | $4,042/mo | $5,357/mo | -$209/mo |
| 7.30% | $4,251/mo | $5,566/mo | current |
| 7.80% | $4,463/mo | $5,778/mo | +$212/mo |
| 8.30% | $4,680/mo | $5,995/mo | +$429/mo |
Principal & interest on a 30-year fixed at 20% down ($620,000 loan), with property tax, insurance, and HOA held constant at $1,315/mo. Current 30-year fixed 7.30% (Mortgage News Daily, as of November 3, 2026). Estimate only; not a loan offer.
Owning 601 Madison St 103 runs about $5,566/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.
| Metric | This home | Nashville 37208 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $556 | $329 median | $289 median |
| Price position | 87th pctile | +69% vs median | ~98.2% of list |
| Recent closings | - | - | 45 sales |
This listing beside the active Nashville 37208 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 4, 2026.
Among the 298 active homes in Nashville 37208, this home at $556/sq ft falls in the 87th percentile on price per square foot.
Computed by Grant Hammond from 298 Nashville 37208 comparables (Realtracs via IDX), as of November 4, 2026, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Hillsboro | $460/sq ft |
| Stratford | $369/sq ft |
| Pearl-Cohn | $318/sq ft |
| Maplewood | $317/sq ft |
| Glencliff | $282/sq ft |
| James Lawson | $273/sq ft |
| John Overton | $263/sq ft |
| McGavock | $236/sq ft |
| Hunters Lane | $233/sq ft |
| Whites Creek | $233/sq ft |
| Cane Ridge | $220/sq ft |
| Antioch | $212/sq ft |
Computed by Grant Hammond from active Davidson County listings (Realtracs via IDX).
| Active listings | 113 in Nashville 37208 homes |
|---|---|
| Recent absorption | about 12.6 sales / mo |
| Months of inventory | 9 months, a buyer-favored market (ample supply) |
Over the past 12 months, homes in Nashville 37208 homes sold at about 98.2% of list price.
Recorded sales in Nashville 37208 homes: 187 in the past 12 months.
Supply-side and recent-sale context for Nashville 37208 homes. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37208 homes closings. Source Realtracs via IDX, as of November 3, 2026.
601 Madison St 103 sits in Elliott School, Nashville, Davidson County.
In Nashville 37208, homes there are priced around $329 per square foot; inventory in Nashville 37208 homes is running at about 9 months, a buyer-favored market; recent sales closed near 98.2% of list price; 45 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of November 4, 2026.
Approximately 0.9 miles from downtown Nashville (straight-line distance).
601 Madison St 103 is zoned for Jones Paideia Magnet, John Early Paideia Magnet, Pearl Cohn Magnet 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 601 Madison St 103 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 601 Madison St 103, by price and size.
Listed with Benchmark Realty. 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.
Nashville housing market 2026 outlook shows rising inventory, rate-sensitive buyers, and county-level divergence between Davidson and Williamson Counties.
September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (November 3, 2026), 601 Madison St 103, Nashville is under contract and no longer being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
601 Madison St 103 was listed on October 3, 2026 and went under contract on November 3, 2026, after 31 days on the market, per Realtracs.
No. The asking price has been $775,000 since it was listed on October 3, 2026.
601 Madison St 103, Nashville is listed at $775,000, about $556 per square foot across 1,395 square feet.
2 bedrooms and 2 bathrooms.
About $556 per square foot ($775,000 across 1,395 sqft).
601 Madison St 103, Nashville was built in 2016.
No garage is reported in the listing.
HOA dues are $453 per month, as listed.
601 Madison St 103, Nashville is in the Elliott School subdivision of Nashville.
About $5,566 a month with 20% down on a 30-year fixed at 7.30%, principal and interest $4,251, estimated property tax $454, insurance $408, and HOA $453. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
601 Madison St 103, Nashville is zoned for Jones Paideia Magnet, John Early Paideia Magnet, Pearl Cohn Magnet High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 601 Madison St 103, Nashville is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
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 $556 per square foot, 601 Madison St 103, Nashville ranks in the 87th percentile of active Nashville 37208 listings by price per square foot, roughly 69% above the Nashville 37208 median; recent comparable sales in Nashville 37208 closed near $289 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37208 homes market is currently buyer-favored (ample supply), at about 9 months of inventory; recent sales have closed near 98.2% of list price over the past year, per Realtracs as of November 3, 2026.
Thinking of selling in Elliott School?
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