About 420 Lanier Dr
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
Features of 420 Lanier Dr
| MLS® # | 2607377 |
|---|---|
| Price | $530,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,067 |
| Acres | 0.23 |
| Year Built | 2023 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Tudor |
| Status | Under Contract - Showing |
Community Information
| Address | 420 Lanier Dr |
|---|---|
| Subdivision | Rainbow Terrace |
| City | Madison |
| County | Davidson County, TN |
| State | TN |
| Zip Code | 37115 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Garages | Driveway |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Primary Bedroom Main Floor |
|---|---|
| Appliances | Dishwasher, Microwave |
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Roof | Asphalt |
|---|---|
| Construction | Fiber Cement, Brick |
School Information
| Elementary | Stratton Elementary |
|---|---|
| Middle | Madison Middle |
| High | Hunters Lane Comp High School |
Additional Information
| Date Listed | January 5th, 2024 |
|---|---|
| Days on Market | 111 |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Compass RE |
|---|---|
| Contact Info | 6154862424 |