Resort-Like Living and a Private Estate in Hermitage, TN

With 18 acres of beautiful rolling land, 3145 Brandau Road is more than just a home, it is a personal paradise.

Awe inspiring. Those are truly the first words that come to mind when you approach this estate in Hermitage, Tennessee.  The home is a beautiful combination of brick, stacked stone and shaker shingles that welcome you onto the front porch.

Resort-Like Living and a Private Estate in Hermitage, TN

Click on the image for more photos and information from The Lipman Group Sotheby’s International Realty.

Once inside the home, a living room and formal dining room are to your left with floor-to-ceiling windows and a beautiful view of the peaceful property in Middle Tennesee.

Resort-Like Living and a Private Estate in Hermitage, TN

Further you will find the renovated kitchen that opens to a warm and inviting family room, complete with a stacked stone fireplace and vaulted ceilings. The kitchen also connects with a separate breakfast area. Whether you choose to drink your morning coffee here or enjoy dinner with your friends and family, either way this is certain to be one of your favorite rooms in the house as it provides a view outdoors to the perfectly landscaped yard and pond.

Resort-Like Living and a Private Estate in Hermitage, TN

 

The kitchen is completely remodeled with slate floors, granite countertops and double dishwashers. A raised bar in the kitchen is a great place for friends to relax when over for cocktails while you prepare hors d’oeuvres!

Resort-Like Living and a Private Estate in Hermitage, TN

The master suite is large and spacious with walls of windows providing amazing views of the property. The room has a space perfect for a sitting area or in suite office. The master bath has a raised tub and separate glass shower. There are also his and hers cedar closets to swoon over!

Resort-Like Living and a Private Estate in Hermitage, TN

Other notable spaces in the home are a bonus room on the second level and a fully finished terrace level, complete with a custom designed and built bar. The main room on the terrace level is perfect for entertaining guests. There are also additional rooms on this level for you to dream up ways to use that are ideal for your life. A home office, a guest suite, kids play room, craft room – the possibilities are endless. What will you decide?

Resort-Like Living and a Private Estate in Hermitage, TN

Are you wondering what else there could possibly be? So much more! The property is more like a private resort than a home. The grounds include a putting green, in ground pool, pool house, tennis court, metal barn, tack barn and pond with waterfall. You will never run out of things to delight you!

Resort-Like Living and a Private Estate in Hermitage, TN

The home is completely remodeled and is just under 5,000 sq ft, has four bedrooms, four full baths, one half bath and 18 gorgeous acres of land surrounding it.

For more information on this resort-like estate in Middle Tennessee contact:

Chris Mannino, The Lipman Group Sotheby's International Realty

Chris Mannino, The Lipman Group Sotheby’s International Realty

Chris Mannino
The Lipman Group Sotheby’s International Realty
615.299.7995

Mike Maitland, The Lipman Group Sotheby's International Realty

Mike Maitland, The Lipman Group Sotheby’s International Realty

Mike Maitland
The Lipman Group Sotheby’s International Realty
615.202.6900­

Nashville is one of Ten Markets Where Homebuilding Is Booming

As we look at the state of the Nashville real estate market, we have found that the number of home sales continues to increase and inventory remains low. These two factors directly affect new home construction… and numbers from MetroStudy show that Nashville is one of ten markets where homebuilding is booming.

In fact, the following markets are seeing some of the largest increases in homebuilding activity year-over-year in the second quarter:

Nashville is one of Ten Markets Where Homebuilding Is Booming

photo via flickr user lincolnsquareinsider

  • Reno, Nev.
  • Rio Grande Valley, Texas
  • Southern California
  • Atlanta
  • Chicago
  • Nashville
  • St. George/Mesquite, Utah
  • Sarasota/Bradenton, Fla.
  • Charlotte, N.C.
  • Naples/Fort Myers, Fla.

New home construction starts and sales in Nashville both increased 9 percent in the second quarter, according to Metrostudy.

There were 1,402 new home sales in Nashville during the second quarter, up 9 percent from 1,287 closings on new homes in the same period of 2013, according to Eugene James, Metrostudy’s regional director. On an annual basis (for the twelve months ended June 2014), there were 6,138 new homes sold in the Nashville market, a 23 percent increase compared to the prior twelve months.

Nashville is one of Ten Markets Where Homebuilding Is Booming

Here are the top 10 markets for year-over-year growth in housing starts based on second-quarter Metrostudy data.

Meanwhile, builders began construction of 1,592 new homes in Nashville in the second quarter, also a 9 percent year-over-year quarterly increase, James said. That’s a 21 percent increase on annual basis.

Metrostudy found there is a 1.7 months supply of finished homes on the market, which James said is below Nashville’s norm of 2 to 2.5 months.

“There’s an undersupply of houses that are immediately available,” James said. “The demand of houses is outpacing the supply. Builders are trying to build as many houses as they can to meet demand.”

Are you looking for a new construction home? Let one of our expert realtors represent you when creating an agreement with the home builder.

Video: Exquisite Nashville Home for Sale in Forest Hills

23 Park Meadows
Nashville, TN 37215

Five bedrooms, five full and two half bathrooms

23 Park Meadows is defined by its many open flow living areas. With a family room, living room and a bonus room, each one needed to be unique, yet connected. Built-in shelving, custom molding, arched detailing and heavy white molding combined with vibrant accent colors creates style that is both rare and traditional. Gorgeous hardwood floors, plantation shutters, wainscoting, recessed lighting, granite and marble encased fireplaces, decorative windows and a feeling of openness, creates a general distinction between each living space. This abode has the personality to fit anyone, with any style.

This custom kitchen features all the space, amenities and aesthetics you would expect in an easy-to-use style. Plentiful cabinet space, warm-toned colors, tumble backsplash, under counter lighting, stainless appliances, center island, hardwood floors and granite countertops highlight this classic kitchen.

23 Park Meadows - Exquisite Nashville Home for Sale in Forest Hills

Click on the image for more photos and information from The Lipman Group Sotheby’s International Realty.

In addition to the spacious interior, this home rests on over 1 acre of beautiful, gently sloping land. With a gorgeous hill top view from the front and a serene garden-like back patio space, this dwelling is set up for indoor, as well as outdoor entertaining. On the main level this space features a covered porch with ceiling fans, beadboard ceiling detail and a second large balcony off two bedrooms. Matching interior and exterior ambiance can be a challenge, but in this home it is perfectly balanced.

For more information on this Forest Hills home for sale, please contact:

Lawrence Lipman, The Lipman Group Sotheby's International Realty

Lawrence Lipman, The Lipman Group Sotheby’s International Realty

Lawrence Lipman
The Lipman Group Sotheby’s International Realty
larry.lipman@sothebysrealty.com
615.364.3333

Expert Advice: How Do You List When Inventory Is Low?

We’ve been hearing it all year – in Greater Nashville, there is a shortage of homes for sale. What does that mean for buyers and sellers? It can actually be very good news, according to our expert agents at The Lipman Group Sotheby’s International Realty. We asked them: How do you help people solve the problem of listing when inventory is low? Here’s what they had to say:

Lawrence Lipman, The Lipman Group Sotheby's International Realty

Lawrence Lipman

A: This is a great problem to have! When inventory is low and the seller has an immaculate property, in a good location, only good things can happen for the Seller. With Sotheby’s International Realty, your home is marketed worldwide. Upon following your agent’s advice including professional photography and staging for showings, the Seller’s home should sell quickly and possibly with multiple offers above asking. List now!

Renee Max, The Lipman Group Sotheby's International Realty in Nashville, TN

Renee Max

A: Nashville is a seller’s market right now and they will get the right price for their home. It is a very busy time in the market as I have 4 different price points and I have showings and inquiries on all of them daily. If they stage it right and get their home ready for market, it should sell in 30 – 60 days!

Margaret Odle, The Lipman Group Sotheby's International Realty

Margaret Odle

A: I usually see that sellers are able to sell their homes much more quickly and often at a higher price.  I generally advise that sellers have their homes in good working order with all repairs made prior to going on the market. This will allow for a quick close once all other negotiations have been finalized.

The low inventory situation has made some homeowners uneasy, but it really puts sellers at an advantage. We try to talk our clients though the fact that, because inventory is low, you can get a great price on your home. It also puts you in a position to call the shots on the terms of the sale, giving you flexibility to stay in your house after the sale so you can find that new home.

If you are ready to list your home, contact us at 615-463-3333 or stop by our office at 2002 Richard Jones Road, Suite C-104; Nashville 37215.

Video of Nashville real estate: 12 South Home for Sale

12 South home for sale with a huge fenced yard!

933 South Douglas
Nashville, TN 37204

Four bedrooms, three bathrooms

This incredible home is in immaculate condition with a functional floor plan, incredible outdoor living spaces, detached two car garage with bonus room, and gated alley access.

Video: 12 South Home for Sale in Nashville with Huge Backyard

Click on the image for more photos and information from The Lipman Group Sotheby’s International Realty.

For more information on this spectacular home for sale in 12 South, please contact:

Ryan Miller, The Lipman Group Sotheby's International Realty

Ryan Miller, The Lipman Group Sotheby’s International Realty

Ryan Miller
The Lipman Group Sotheby’s International Realty
ryan.miller@sothebysrealty.com
615.517.0232

Nashville Home Sales By the Numbers: July 2014

The Greater Nashville area continues to see signs of a healthy real estate market. July and year-to-date figures are all up more than three percent compared to the same periods last year and pending sales remain strong.

Nashville Home Sales By the Numbers: July 2014

There were 3,258 home sales reported for the month of July, according to figures provided by the Greater Nashville Association of REALTORS®.This represents a 3.4 percent increase from the 3,151 closings reported for the same period last year.

Year-to-date closings for the Greater Nashville area are 18,594. That is an increase of 3.2 percent from the 18,010 closings reported through July 2013.

There were 3,201 sales pending at the end of July, compared with 3,083 pending sales at this time last year. The average number of days on the market for a single-family home was 64 days.

Nashville Home Sales By the Numbers: July 2014

The median residential price for a single-family home during July was $221,000 and for a condominium it was $170,000. This compares with last year’s median residential and condominium prices of $204,000 and $154,500, respectively.

Nashville Home Sales By the Numbers: July 2014

The current inventory of properties by category, compared to last year, is:

July 2013 July 2014
INVENTORY 16,651 15,919
 Residential 10,434 10,407
 Condominium 1,286 1,141
 Multi-Family 173 156
 Farms/Land/Lots 4,758 4,215

Like the rest of the country, Nashville continues to struggle with inventory, affecting both buyers and sellers. Buyers need to be fully prepared and have an expert realtor on their side. It is an excellent time to be a seller if your current home is well maintained. Coming up on the blog, we will have advice for sellers from our expert agents. Don’t miss it!

Tennessee closing costs are among the lowest in the nation

Tennessee closing costs are among the lowest in the nation

photo via flickr

According to a recent survey by Bankrate, Tennessee closing costs are among the lowest in the nation. In fact, Tennessee has the second-lowest closing costs of the 50 states plus the District of Columbia, trailing only Nevada.

To compile its estimates, Bankrate requested good faith estimates for a $200,000 mortgage loan from up to 10 lenders in each state. The hypothetical loan was for a purchase of a single-family house in the state’s largest city, using a 20 percent down payment, with excellent credit, the study says. Based on a good-faith estimate for a $200,000 loan, lender’s origination fees in Tennessee averaged $1,746. Origination plus third-party fees totaled $2,366.

Final charges will vary based on title insurance, title search, taxes, other government fees and escrow fees that were not included in Bankrate’s study.

“To get the best deal, consumers should compare good faith estimates from at least three different lenders,” said Holden Lewis senior mortgage analyst at Bankrate.com.

With mortgage rates remaining low and home values on the rise, this is great news for home buyers in Tennessee! If you are interested in buying or selling a home, give us a call at The Lipman Group Sotheby’s International Realty and let one of our expert realtors help you navigate the exciting and fast paced Nashville real estate market.

Video: Franklin Home for Sale on Spencer Creek Golf Course

Beautiful Franklin home overlooks Spencer Creek Golf Course

315 Mansfield Court
Franklin, TN 37069

Four bedrooms, four full and one half bathrooms

Custom built, elegant home on Franklin’s Spencer Creek Golf Course. Features gourmet kitchen, amazing back patio and pool, master on main, all bedrooms have full private bath. Lots of storage.

Video: Franklin Home for Sale on Spencer Creek Golf Course

Click on the image for more photos and information from The Lipman Group Sotheby’s International Realty.

For more information on this spectacular home for sale in Franklin, please contact:

Tanya Adams, The Lipman Group Sotheby's International Realty

Tanya Adams, The Lipman Group Sotheby’s International Realty

Tanya Adams
The Lipman Group Sotheby’s International Realty
tanya.adams@sothebysrealty.com
615.423.1360­

New Listing in Columbia, TN featured on FarmandRanchSIR.com

607 Sunnyside Lane, one of our newest listings in Columbia, TN is now featured on the home page of the Sotheby’s International Realty specialty website, FarmandRanchSIR.com. This cover property position provides unrivaled international exposure for this exquisite property in Middle Tennessee.

New Listing in Columbia, TN featured on FarmandRanchSIR.com

Click on the image for more photos and information from FarmandRanchSIR.com.

Sitting on almost 60 acres, this ranch features a gracious southern style home in a beautiful tree lined setting. Outbuildings include a 24 stall barn and manager apartment with 840 sq. ft. Listed by Lawrence Lipman and Chris Mannino, this handsome home features oversized rooms with exquisite finishes including hardwood floors, granite, high ceilings, and deep crown moldings.

One of the largest benefits in listing your Nashville area home with The Lipman Group Sotheby’s International Realty is that you receive local expertise and international exposure to further the reach of marketing your home. We are connected to more than 720 offices in 52 countries worldwide through the Sotheby’s International Realty brand, and traffic to sir.com has been steadily trending upwards for the last six years, with the largest jump in traffic growth occurring over the last two years. In fact, sir.com had over 1 million visits in July 2014! Major contributors to this great achievement have been our overall growth as a brand, our strategic marketing partnerships with the most significant media companies in the world, and our continuous search engine optimization and advertising efforts that place sir.com in the top positions within search engine results.

We are here to help manage the sale or purchase of your home – whether it is modest or a mansion – either here in Greater Nashville and Middle Tennessee or through our global referral network. Contact us at 615-463-3333 or stop by our office at 2002 Richard Jones Road, Suite C-104; Nashville 37215.

Welcome Chris Strutko to The Lipman Group Sotheby’s International Realty

Chris Strutko, The Lipman Group Sotheby's International Realty

Chris Strutko, The Lipman Group Sotheby’s International Realty

The Lipman Group Sotheby’s International Realty recently welcomed Chris Strutko as an affiliate broker.

Chris joins us with more than 15 years of previous real estate experience and relevant expertise in insurance services management, contracting and operations management. Before joining The Lipman Group Sotheby’s International Realty, Strutko was a real estate assistant for a RE/MAX Executive Club Award recipient, assisting in the closing of millions of dollars in home sales.

As an avid songwriter, Chris loves being able to call Music City home and is passionate about community involvement. He served as the co-chairman for Music in the Gardens at this year’s Nashville Antiques and Garden Show.

Visit Chris’s website and search through all MLS listings that are currently available for sale or lease in Middle Tennessee.

Chris Strutko

Affiliate Broker
Mobile: (615) 668-0953­
Office: (615) 463-3333