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Nashville-Davidson 37076
1324 Sula Dr
Photo of 1324 Sula Dr
Sold on May 24, 2024

17

Map

Photo of 1324 Sula Dr
Photo of 1324 Sula Dr
$392,600
● House - Off Market

1324 Sula Dr

Hermitage, TN 37076
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,691 Ft²
$2,660
Est. Monthly
$555
HOA / Fees

About This Property

Charming, Well-Maintained Tulip Grove Home 20 Minutes to Downtown Nashville! Features 3 Bedrooms, 2 Bathrooms, 9-Ft Ceilings, Hardwood Flooring on the Main Level, Lovely Built-In Shelves in Living Room, Lots of Natural Light, Granite Countertops, Stainless Steel Appliances, Island, and Pantry in the Open Kitchen, Upstairs Primary Suite with Tray Ceiling and Large Vanity, plus a Spacious Bonus Room with Built-In Shelves/Desk, and Adorable Laundry/Utility Room. Each Bedroom Features Walk-In Closets, plus Covered Side Porch, and 2-Car Garage. Lawn Care and Grounds Maintenance Included in HOA Fee. Very Convenient Location Less Than 1 Mile from Most Major Services. All Appliances Remain.
Unit Size
1,691 Ft²
Days on Market
43 days
Land Size
0.02 acres
Price per sqft
$233
Property Type
House
Property Taxes
$169
HOA Dues
$555
Year Built
2017

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 days ago (Realtracs #RTC2641219)

Price History

Date / Event Date Event Price
May 24, 2024 Sold
Premium
Sold
Apr 10, 2024 Listed by Keller Williams Realty $394,000
Listed by Keller Williams Realty

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 29
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 412
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,022
  • Total Building Area: 1,694
  • Gross Building Area: 2,184
  • Building Area: 1,694
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,694
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TULIP GROVE
  • Land Acres: 0000000023
  • Standard Land Use Code: 1004
  • Legal Description 1: UNIT 34 TULIP GROVE AMENDED

Neighborhood

  • School District Name: Nashville-Davidson County School District
  • Census Tract: 015623

Zoning

  • Zoning: MULTIZONE

Geography

  • Parcel: 086-12-0B-034-00
  • Municipality: 74-GSD
  • Latitude: 36.179
  • Longitude: -86.596

    Address

  • Full Address: 1324 Sula Dr
  • Legal Unit: 34
  • Address - House Number: 1324
  • Address - Street Name: Sula
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Hermitage
  • Carrier Code: R008
  • 4-Digit Zip Code: 1500
  • Zip Code: 37076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $203,298
  • Tax Rate Code Area: GSD

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 386,424
  • High Value: 477,189
  • Low Value: 295,660

    Market Valuation

  • Market Total Value: $278,300
  • Market Land Value: $50,000
  • Market Improvement Value: $228,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,575
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $57,075

    Sales

  • Current Sale Contract Date: Oct 20, 2017
  • Current Sale Recording Date: Oct 25, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20171025-0109590
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Nashville-Davidson

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$283

Above Asking

0.00%

Average Days on Market

77

Average Home Size

2183 ft²

Average Home Age

29.8 years

Currently For Sale

4534 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Realtracs

Listed by: Allen Perry, Keller Williams Realty
Last Updated: 6 days ago
Data Source: Realtracs, MLS# RTC2641219
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 1324 Sula Drive built and last sold?
The property at 1324 Sula Drive was built in 2017 and last sold on Oct 20, 2017 for $263,895.
How much is this home worth?
The estimated value of the home located at 1324 Sula Drive is $402,444.
What are some comparable homes to 1324 Sula Drive?
There are currently no comparable homes to 1324 Sula Drive.
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