218 Leonard Ave Nashville, TN 37205

3 beds · 2 baths · 1,989 sq ft · Lot Size: 13,068 sq ft · Single Family Home · Green Hills
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218 Leonard Ave is in the Green Hills neighborhood of Nashville, TN. It is located in Davidson County and ZIP code 37205. This Single Family Home was built in 1940 and is approximately 85 years old. The single family home spans 1989 sq ft with 3 bedrooms and 2 bathrooms and sits on a 13068 sq ft lot. According to public records, it was last sold in 2017 for $730,000. The Green Hills area of Nashville has 1882 residential homes. Analyze and compare real estate investment strategies for properties like this home at 218 Leonard Ave Nashville, TN 37205 with Property Intel by Whitepages.

Investment Potential for 218 Leonard Ave

The property has a current estimated value of $870,205, which is 4% below the neighborhood median, based on public records. It last sold on August 07, 2017 for $730K. Projected long-term
is $31,200 annually ($2,600 per month) with a 92% occupancy rate.

Long-Term

Gross Rental
$31,200 per year($2,600 per month)
Net Operating Income
Cap Rate
Occupancy Rate
92%in 37205 zip code
 
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Owners & Occupancy for 218 Leonard Ave

This property is owned by James N Sullivan. Owner contact information includes 9 phone numbers and 5 email addresses.

Property Owners

OccupationInternal Medicine Specialist, Meharry Medical College
Cell Phone(615) ***-****
Residence*************
Landline(615) 665-4423+ 5 more
Distance from Property**********
Email Address**************@hcahealthcare.com

Property Ownership Information

Purchase DateAugust 07, 2017
Property Tax Amount$5,586 in 2023
Purchase Price$730,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************** age 33
Resident 2**************** age 79

Property Details for 218 Leonard Ave

Property Details

Property Sq Ft

Living Area

1,989 sq ft

Compare to Green Hills

Lot Size

13,068 sq ft

Compare to Green Hills

Price Per Sq Ft

Living Area

$438 / sq ft

Compare to Green Hills

Lot Size Area

$67 / sq ft

Compare to Green Hills
Property condition, age, exterior, etc. for 218 Leonar…
Longitude: -86.828582 Latitude: 36.129958 Parcel Number (APN): 104-13-0-079…
Mortgage originated on through lender: Farmington Mtg for$******View Mortgage Details
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Market Benchmarks

Compare data for 218 Leonard Ave in Davidson County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$870,205
$285,914
$584,291 (204%)
$384,141
$1,468,354 (382%)
YoY Price Change
0.67%
-3264%
Year Built
1940
1981
-41 years
Living Space
1,989 sq ft
1,606 sq ft
383 (24%)
$ Per Living Sq Ft
$438
$169
$268 (159%)
Lot Size
13,068 sq ft
10,889 sq ft
2179 (20%)
$ Per Lot Sq Ft
$67
$23
$44 (193%)

Net Operating Income
$13,762
$1,392 (10%)
Annual Revenue
$31,200
$20,400
$10,800 (53%)
$5,286
$10,760 (204%)
Net Operating Income
$13,762
$1,392 (10%)
Cap Rate
4.77%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians