East Nashville (Nashville, TN)
East Nashville (Nashville, TN) Real Estate News
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Home Prices in East Nashville Tennessee for April 2014
Jim Taylor (Weichert, Realtors - The Andrews Group)

East Nashville TN 37205Home Prices in East Nashville Tennessee for April 2014

 

Weichert, Realtors - The Andrews Group gathers information from multiple sources to provide concise reviews on real estate market trends for Nashville area communities.  

These neighborhood-focused summaries also provide timely information on school districts and other factors that influence the overall real estate market.

 

Check out the current inventory of East Nashville Tennessee homes for sale!

  

East Nashville (37206) Home Prices

 

The median listing price for homes for sale in East Nashville Tennessee has showed its first decrease since the start of 2014. East Nashville includes the historic sections of Edgefield and Inglewood.  The statistics indicate that East Nashville homes are not staying on the market very long.  The median number of days active properties have been listed is 32, which is significantly shorter than the national average.

 

This chart represents East Nashville Tennessee (37206) home sales dating back to May 2013.  

East Nashville home prices April 2014

 

East Nashville Tennessee Real Estate Trends for April 2014: 

The median list price in April 2014 for single family homes in East Nashville TN is $350,880. 

The median number of days active properties have been listed is 32. This is significantly shorter than the national average.

The number of active listings in East Nashville (37206) increased 17.7% from the previous month.

 

Previous months:

March 2014: 

Median list price: $360,630 

Median number of days active properties listed: 36

 

February 2014: 

Median list price: $339,980

Median number of days active properties listed: 30

 

January 2014: 

Median list price: $317,520

Median number of days active properties listed: 63

 

Summary:

 

Franklin TN Community Trends

East Nashville, Inglewood & historic Edgefield homes are generating

significant buyer interest within a few days of hitting the

market. Sellers can expect significant interest in their homes

if their listing price is consistent with market trends.  

 

If you're in the market to buy in East Nashville, you'll want an agent

that knows of listings before they hit the market.

 

The graphs above also show a gap between listing price and

sales price. To ensure you don't overpay, you'll need a

thorough market analysis of the East Nashville home on which
you are making an offer.

 

 

 

 

Check out the current inventory of East Nashville Tennessee homes for sale!

 

Subscribe to this blog to get the latest information on Middle Tennessee real estate!

 *******



Weichert, Realtors - The Andrews Group
2207 Crestmoor Road; Suite 101
Nashville, TN 37215
615-383-3142
viewnashvillehomesforsale.com

 

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Investment Properties for Sale in East Nashville Tennessee
Jim Taylor (Weichert, Realtors - The Andrews Group)

East Nashville TN Investment PropertiesInvestment Properties for sale in East Nashville Tennessee

 


Weichert, Realtors - The Andrews Group gathers information from multiple sources to provide concise reviews on factors that impact the middle Tennessee real estate market including housing inventory, listings prices, recent sales, investment opportunities, school districts and community demographics.


Find details and photos of all available investment properties for sale in East Nashville Tennessee.

Our for sale property information is a direct feed from the Multiple Listing Service (MLS) and is updated daily.  

 

Low Down Payment Options!

Investment properties for sale in East Nashville Tennessee are approved for several types of financing, some of which can be secured with a very low down payment.

Local Financing with Franklin Synergy BankInvestment opportunities move quickly, and those with financing secured can respond when opportunities hit the market.  Based in Tennessee, Franklin Synergy Bank can respond quickly to the financial needs of local investors.

Answer a few questions here and Franklin Synergy Bank will research the best options for which you would qualify.

 

Inside information on East Nashville Investment Properties

Investment property prices vary depending upon floor plan, size, view, age, condition, updating and remodeling. Currently in East Nashville, investment property listing statistics show:

  • Price range: $90,000 - $175,000
  • Bedrooms: 2br - 3br
  • Square Footage: 1800 - 2600

 

Check out today's inventory of investment properties for sale in East Nashville TN

 

Market Insider for East Nashville Tennessee

The data below is specific to single family home listings and sales transactions in East Nashville Tennessee 37206. The median number of days active properties have been listed is 30, which is significantly shorter than the national average. 

 

East Nashville TN Real Estate Market Trends

 

Location, Location, Location...

East Nashville Tennessee is a great place to live.  It's one of the most convenient and desired areas in middle Tennessee. Investment Properties are in close proximity to medical professionals, restaurants, parks, shopping, theaters, and government buildings.

With easy access to the interstate, you can commute to downtown Nashville for work and state government business. Entertainment and cultural options are plentiful as you visit the historic Lower Broadway district, Music Row, The Frist Center for the Visual Arts, and The Country Music Hall of Fame and Museum. 

 

Check out today's inventory of Investment Properties for Sale in East Nashville TN

 

East Nashville Schools - How do they rate?

The quality of a school can greatly influence home values in an area. Our blog and website features concise reviews on East Nashville schools (elementary, middle and high schools). Available information includes independent school ratings, test scores by grade, student teacher ratio, and enrichment program opportunities.

 

East Nashville TN Community Trends

 

What's special about East Nashville?

Check East Nashville TN community trends via our site!

We provide unique demographics on household incomes, crime risk, education levels attained and potential for extreme weather. With the interactive map, you'll find medical professionals, shopping, restaurants, libraries and post offices.

The data used in this Free Market Report is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you're a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.

 

 

 

Thank you for reading about investment properties for sale in East Nashville Tennessee!

 

 

Subscribe to this blog to get the latest information on middle Tennessee real estate! 

 

******

 



Weichert, Realtors - The Andrews Group
2207 Crestmoor Road; Suite 101
Nashville, TN 37215
615-383-3142
viewnashvillehomesforsale.com

 

 

Josh anderson
The Hop Stop: East Nashville’s Newest Beer Growler Filling Location
Josh Anderson, Always in Tune with Nashville Real Estate (Keller Williams - The Anderson Group)

Why The Hop Stop Is the Only Growler Filling Spot You Need

 

The Hop Stop East NashvilleAnother new beer revolution has taken over Music City. No longer must you rely on convenience stores and grocery stores to stock the beers you love. We all know how rare finding a good craft beer among the domestics at Kroger is, too. Fortunately, a few trail blazers decided to open growler filling stations, starting with Craft Brewed on 8th Avenue South near ML Rose. Later came the Filling Station at 12 South. Now, we have The Hop Stop in East Nashville. These booming businesses make stopping in to fill your growler with your favorite local and national craft beers a snap.

 

About The Hop Stop

 

Located just off Trinity Lane and Gallatin Pike, The Hop Stop is in a very convenient spot. Beer aficionados in this area of Inglewood have been fortunate with the choices, since Village Pub and Beer Garden is located nearby, too. In fact, The Hop Stop is the brainchild of the very same owners who brought Village Pub to life and success. That means you can expect the same quality service and beer choices you’ve already come to love from Jesse Hamilton’s first endeavor.

 

This is an already hot part of town, too. Homes in the area are being snapped up and remodeled on a weekly basis. Neighborhoods are still affordable, bringing many young professionals to the area. It won’t be long before home values really take off.

 

What Makes The Hop Stop Different?

 

When growler filling shops are opening right and left in Nashville, how can one possibly stand out? Well, The Hop Stop does, and the reasons have a lot to do with the staff, who are all attentive, knowledgeable, and just super nice. Then, there’s the menu. A growler joint with food? Absolutely. The main feature is the hot dog on a pretzel bun, but the various styles of dogs with incredible fresh ingredients will win you over immediately. Then there’s the spicy black bean hummus or the hoppy popcorn if you’re just looking for something light. Of course, the real star is the beer. These guys make excellent beer selections so you can get exactly what you want.

 

 

Photo credit: The Hop Stop

Josh anderson
The Age-Old Real Estate Debate: Rent vs. Buy
Josh Anderson, Always in Tune with Nashville Real Estate (Keller Williams - The Anderson Group)

Where Are Your Dollars Better Spent?

 

renting vs. buying a homeChoosing between renting and buying is often as simple as determining how long you plan to be in your current home. For short-term stays, renting is the better option. So much investment is needed for making a purchase that you won’t see a return for up to four years or more. Those planning to stick around a while, however, will find that buying is the better deal.

 

Real-Life Application

 

To show you what we mean, we’ve used this rent calculator to give you an idea of the money spent from year to year on both mortgage and rent for the same home. This home, for our purposes, is located in East Nashville, has a price of $150,000 or rent payments of $900 per month. Can you picture it?

 

For the first four years of living in this home, renting is better. In fact, in year three, you’d save over a thousand dollars just by renting instead of buying. By year four, however, you’d save $364 as the homeowner instead of a tentant, and at six years, you’d save nearly $2000.

 

These numbers take into account several factors, including interest on your mortgage, property taxes, maintenance, and homeowner’s insurance. While these aren’t necessary expenditures for renting, many are included in the monthly mortgage payment, which would be lower than a lease payment. Where the money is saved, aside from a lower mortgage payment, is in rising rent payments from year to year, for which you receive no equity.

 

Find Your East Nashville Dream

 

Believe it or not, plenty of homes in East Nashville fit right into this price model. We’ve selected eleven different properties that could fulfill your hopes of being a homeowner instead of renting. Take a look at what’s available under $150,000 in East Nashville and then start taking control of your future.

Image: freedigitalphotos.net/renjith krishnan

Josh anderson
East Nashville Embraces The Treehouse Restaurant
Josh Anderson, Always in Tune with Nashville Real Estate (Keller Williams - The Anderson Group)

Fine Foods No Stranger to Trendy Neighborhood

 

treehouse nashville East Nashville has become synonymous with fun, trendy restaurants and bars, especially as the community grows to encompass a larger area of the east side. Five Points boasts Café Margot and 5 Points Pizza, Riverside Village features Village Pub and Beer Garden, and just across Gallatin Pike you’ll find The Pharmacy and Holland House. The Treehouse, located in the Five Points area, joins this esteemed list of exciting and sometimes unusual eateries.

 

What Makes The Treehouse Different?

 

Aside from a name that inspires thoughts of playfulness and childhood fun, what sets The Treehouse apart from other restaurants in the area? The first would be the eclectic and ever-changing menu. Chef Todd Alan Martin takes pride in sourcing fresh, local food from nearby providers. The restaurant also created its own farm, where produce will be grown for use in the dishes. These ingredients all work together in dishes that call back to previous experiences. His Texas, South America, and Asia-inspired cuisine already have people talking. 

 

Take Part in the Fun

 

The new restaurant is located inside the triangle formed by Café Margot, Red Door Saloon, and Café Marche. The interior is rugged yet polished, a great environment for dates or just nights out with friends. The cocktail menu is enviable, adding to East Nashville’s reputation for top-notch mixology. And all this could be yours for an evening, but you might want to make a reservation. Space is limited, and The Treehouse is hot, hot, hot. Making a reservation is easy. The number is right there on their website, but just in case you don’t want to navigate away from here just yet, it’s 615-454-4201.

 

As you might imagine, any trendy new businesses in East Nashville only work to make the area more desirable. If you’ve been hoping to call this neighborhood home, give us a call. With such incredible growth going on in the area, you’ll find plenty of homes from which to choose.

 

Photo credit: Treehouse Restaurant

Josh anderson
Discover Nashville’s Fastest Growing Neighborhood
Josh Anderson, Always in Tune with Nashville Real Estate (Keller Williams - The Anderson Group)

East Nashville Expands Yet Again

east nashville growingThe East Nashville neighborhood is one of the hottest in the city. Most consider the 37206 zip code the center of the action, but over the past several years, the community has stretched almost to Madison and now includes the 37216 zip code. Homes in these areas have seen steady price appreciation, even through the latest economic crisis. Now, East Nashville is growing once more, with its eye firmly on the 37207 zip code.

McFerrin Park

Much attention has been paid to the McFerrin Park neighborhood in recent months because of an initiative to save the Roxy Theatre, the community’s historic entertainment complex. In addition to these efforts, homes between Cleveland Street and Downtown have experienced revitalization and renovation. New construction, new business, and historic refurbishment put this neighborhood on the map as one to watch.

Cleveland Park

Between Douglas Avenue and Cleveland Street, homes are seeing a resurgence in attention and interest. Many have been flipped or simply remodeled for the owner’s enjoyment. The result is beautiful houses on manicured lots, with safer sidewalks for family strolls. Nearby, Cleveland Park awaits anyone in the mood for a ball game, run, or picnic.

Beyond Douglas Avenue

Even beyond Douglas Avenue, between Trinity Lane and these amazing neighborhoods, homes are getting new attention. Not only are the existing homes getting makeovers, but new, contemporary styles are being introduced. Though farther from downtown, the convenience is still undeniable. 

Incredible Appreciation

A mere two years ago, homes in the area sold at prices of $90 to $100 per square foot. The latest listings in these neighborhoods now range from $135 to $155 per square foot. The appreciation in price is hard to ignore. Those seeking investment properties would find plenty of value in this area. If you’re one looking for homes with promising futures, contact The Anderson Group today.

photo credit: osmium via photopin cc

Josh anderson
Revitalization Continues in Nashville and Surrounding Areas
Josh Anderson, Always in Tune with Nashville Real Estate (Keller Williams - The Anderson Group)

Nashville’s Urban Redevelopment Focuses on Abandoned Theaters

urban renewal nashville belle meade theatreThe latest in revitalization for urban areas in Nashville and the surrounding areas focuses on abandoned theaters and shopping complexes. Perhaps the most visible of these exists in the Belle Meade community, where the theater received a facelift and a grocery store tenant. The project has served as a model for other areas of the city.

8th Avenue South

The introduction of ML Rose began the renaissance of the Melrose area. An abandoned theater across the street was once the jewel in the crown of a strip mall, which, until recently, featured a lone holdover in the form of a billiards hall. The theater is now undergoing renovation, and new retail spaces are being remodeled for future tenants. Apartments and other housing options are also being built. These homes will join other recent developments as some of the most sought after in the city.

Meridian Street and McFerrin Park

The Roxy Theatre was once one of Nashville’s finest entertainment complexes. With a history including some of the city’s biggest names—Johnny Cash, to name one—the theater was prime for renovation. Now undergoing remodeling, the Roxy and the surrounding buildings are now being considered East Nashville’s most lucrative refurbishment. Plans for live entertainment and classic movies will bring a whole new audience to the neighborhood, which is already experiencing revival. Soon to follow will be restaurants, coffee shops, and retail spaces that will boost home values.

These recent developments will certainly spark renewed interest in other abandoned strip malls and theaters in the city and surrounding area. If those exist in your neighborhood, keep a close eye on the proceedings. The finished product is sure to elevate home prices in your area, so a push to renovate existing structures is a wise step.

To learn more about the homes available in these areas, contact The Anderson Group. We're as excited about urban renewal as you are!

photo credit: urbanwoodchuck via photopin cc

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