• 420 Lanier Dr Madison, TN 37115

  • $530,000
  • 3
    Bed(s)
  • 3
    Baths
  • 2,067
    Sq Ft
  • 0.23
    Acre
  • Listed By: Compass RE
  • Source: REALTRAC (RT RealTracs)

Introducing Groundly: the new way to buy a home by separating the home from the land it sits on through a modern ground lease, reducing the upfront cost. Groundly customers can save up to 30% on their down payment and 7% on their initial monthly payment. This $750k is now $530k. Groundly purchases the land underneath your home and leases it back to you at a low monthly rate, less than the cost of a similar mortgage, so that you only need a mortgage on the home itself. Buy this stunningly designed Tudor with timeless design touches and period details in the heart of booming Madison. Single level living with 12 foot ceilings throughout give this home the flair of a historic property, but with all the function and quality you seek in a new construction home. Easy access to downtown, east bank, & core East Nashville. Fenced back yard & nearby parks, lakes, and greenways. * This home is offered on a ground lease with initial monthly ground rent to be $928. See www.mygroundly.com

Property Type :

Residential

Subdivision :

Rainbow Terrace

County :

Davidson County

Style :

Residential

Property Details

 

Bedroom Information

Total Bedroom: 3

Bathroom Information

Total Baths: 3

Full Baths: 3

Interior Features

Primary Bedroom Main Floor

Roof : Asphalt

Appliances : Dishwasher, Microwave

Roofing Information

Asphalt

Flooring Information

Flooring : Finished Wood, Tile

Construction Materials : Fiber Cement, Brick

Heating & Cooling

Heating: Central

Has Heating: Yes

Cooling: Central Air

Has Cooling: Yes

WaterSource: Public

Building Information

Year Built: 2023

Lot Information

Lot Dimensions: 50 X 200

Lot Size Area: 0.23

Lot Acres: 0.23

Property Information

Property Type: Residential

Sub Type: Single Family Residence

Style: Tudor

Listing Price Information

Original List Price: $530000

Tax Information

Annual Tax: $407

Parcel Number: 05202028200

Parking Information

Open Parking Spaces: 3

Total Parking: 3

Driveway

School Information

Elementary School: Stratton Elementary

Junior High School: Madison Middle

Senior High School: Hunters Lane Comp High School

Utility Information

Sewer: Public Sewer

Water Source: Public

Location Information

Subdivision: Rainbow Terrace

City: Madison

Direction: Briley Pky to Exit 14 toward Madison. In 1.7 miles, turn right onto Neelys Bend Rd. Go 1/2 Mile and turn left onto Lanier Dr.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
141 Shannon Ave, Madison, TN,37115 $355,000 -- -- -- 0.57 Acre
317 Cherry St, Madison, TN,37115 $115,000 -- -- -- 0.16 Acre
Neelys Bend Road, Madison, TN,37115 $1,300,000 -- -- -- 10.1 Acres
721 W Old Hickory Blvd, Madison, TN,37115 $1,125,000 7 3 2,763 1.04 Acres
1118 Saunders Ave, Madison, TN,37115 $950,000 4 6 1,822 0.71 Acre
5 Peeples Ct, Madison, TN,37115 $3,200,000 -- -- -- 37 Acres
808 Nesbitt Ln, Madison, TN,37115 $595,000 5 4 3,211 0.91 Acre
420 Walton Ln #E20, Madison, TN,37115 $229,900 2 2 1,080 0.01 Acre
611 Center St #REAR, Madison, TN,37115 $299,900 2 1 2,156 0.44 Acre
411 Churchill Xing, Madison, TN,37115 $264,900 2 2 1,139 0.02 Acre

Disclaimer: The information being provided courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of theREALTRAC (RT RealTracs). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of REALTRAC (RT RealTracs). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 05/06/2024 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 05/06/2024 @ 06:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


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ByOwner last updated this listing 05/06/2024 @ 06:20

MLS: REALTRAC #2607377
LISTED BY: Tristan Kinsley, Compass RE
SOURCE: REALTRAC (RT RealTracs)
Buyer Agency Compensation: 3%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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