229 Solness Ave Nashville, TN 37218

3 beds · 2 baths · 1,462 sq ft · Lot Size: 10,890 sq ft · Single Family Home
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229 Solness Ave is in the 37218 neighborhood of Nashville, TN. It is located in Davidson County and ZIP code 37218. This Single Family Home was built in 2004 and is approximately 21 years old. The single family home spans 1462 sq ft with 3 bedrooms and 2 bathrooms and sits on a 10890 sq ft lot. According to public records, it was last sold in 2005 for $154,400. Analyze and compare real estate investment strategies for properties like this home at 229 Solness Ave Nashville, TN 37218 with Property Intel by Whitepages.

Investment Potential for 229 Solness Ave

The property has a current estimated value of $373,911, which is 10% above the zip median, based on public records. It last sold on March 28, 2005 for $154K. Projected long-term
is $30,000 annually ($2,500 per month) with a 93% occupancy rate.

Long-Term

Gross Rental
$30,000 per year($2,500 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 37218 zip code
 
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Owners & Occupancy for 229 Solness Ave

This property is owned by Delories Y Martin. Owner contact information includes 12 phone numbers and 5 email addresses.

Property Owners

Cell Phone(615) ***-****
Residence*************
Landline(615) 299-5517+ 6 more
Distance from Property**********
Email Address*********@gmail.com
Cell Phone(615) ***-****
Residence*************
Landline(615) 299-5517+ 3 more
Distance from Property**********
Email Address******************@gmail.com

Property Ownership Information

Purchase DateMarch 28, 2005
Property Tax Amount$1,805 in 2023
Purchase Price$154,400

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 58
Resident 2**********************
Resident 3******************
Resident 4***************** age 61

Property Details for 229 Solness Ave

Property Details

Property Sq Ft

Living Area

1,462 sq ft

Compare to 37218

Lot Size

10,890 sq ft

Compare to 37218

Price Per Sq Ft

Living Area

$256 / sq ft

Compare to 37218

Lot Size Area

$34 / sq ft

Compare to 37218
Property condition, age, exterior, etc. for 229 Solnes…
Longitude: -86.827631 Latitude: 36.24326 Parcel Number (APN): 049-09-0A-009.00-C…
Mortgage originated on through lender: Americas Wholesale Lender for$******View Mortgage Details
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Market Benchmarks

Compare data for 229 Solness Ave in Davidson County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$373,911
$285,914
$87,998 (31%)
$384,141
$175,579 (46%)
YoY Price Change
0.67%
138%
Year Built
2004
1981
23 years
Living Space
1,462 sq ft
1,606 sq ft
-144 (-9%)
$ Per Living Sq Ft
$256
$169
$87 (51%)
Lot Size
10,890 sq ft
10,889 sq ft
1 (0%)
$ Per Lot Sq Ft
$34
$23
$12 (51%)

Net Operating Income
$13,762
$7,698 (56%)
Annual Revenue
$30,000
$20,400
$9,600 (47%)
$5,286
$3,254 (62%)
Net Operating Income
$13,762
$7,698 (56%)
Cap Rate
4.77%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians