The Greater Nashville Realtors celebrated Saturday night with their Awards of Excellence dinner and recognized achievements in a number of categories with Therese Winnington winning the award for the most leases by an individual, and Teia Wilson-Davis sharing the Fair Housing Hero award with Wesley Harvey.
Liz Zippereri was cited for her work within the community and received the Good Neighbor award. The Affiliate of the Year went to Debbie Chamberlain with Capstar, Farmington, and top-team selling award went to the Brandon Knox Team, and the top team lease award going to Jim Youngblood. Richard Bryan won the Top Individual Selling Award, and Missy Chadler took home the Top Individual listing Award.
Lyn Smith won the rising Star Award, and Dai Za Mang was awarded the Rookie of the Year. Mark Deutschmann of Parks won the Realtor of the Year.
Zoning Changes
Stay tuned as the Metro Council considers rezoning the city so that all houses zoned for only one house per lot would be rezoned allowing at least two houses and maybe as many as four houses on each lot within the Urban Services District.
There will be numerous neighborhood meetings concerning this matter, and those for and against the change might consider contacting their council members.
Based on anecdotal information, the plan is not popular among the residents of the neighborhoods that would be affected. Houses resembling Manute Bol, the 7-foot-7, 201-pound former NBA star, have fallen into disfavor over the past few years.
Sale of the Week
With Nashville residential real estate prices continuing on their upward trajectory, many buyers feel they might have missed the bus. In those situations in which developers offer to buy houses in order to demolish them, the homeowners are disappointed as there are few options when relocation become a necessity.
100 Cloister Drive
In many of those cases, the homeowners have lived in the houses for most of their lives and have the mortgages paid, but are hoping to find shelter in dwellings at least as nice as the homes they left behind that will soon become bulldozer fodder.
The Cloister at St. Henry offers a good option to the person in search of community, one-level living with an affordable price. The neighborhood is confined to those 55 or older and was once owned by the Catholic Diocese. When the land was first developed, the homeowner only owned the structure built upon the soil, but the church has since sold the land to the homeowners.
While many Catholics have established residency within the community, it is not a requirement, and many residents are from other denominations. The ample clubhouse often serves as host to various receptions and the pool is the site of recreational classes.
Speaking of Catholics, the listing agents were Ginger Holes and her brother Patrick Pruett from one of Nashville’s largest Catholic families. Well, with Catholics “largest” might be the wrong word. Perhaps one of Nashville’s best-known real estate Catholic families would be a better description, since their father, Ray Pruett, was a founding member of Woodmont Realty Group.
Woodmont Realty Group was a firm that was hatched in the darkness of the old Joe’s Village Inn when it was on the corner of Hillsboro Road and Hillsboro Drive across the street from its popular successor, Corner Pub.
Ginger now holds the reigns to the company that has affiliated with Berkshire Hathway, but the family pays homage to the founding firm and is called Berkshire Hathaway HomeServices Woodmont Realty Group.
The home at 100 Cloister Drive was in an estate at the time of the listing with eight heirs of yet another prominent Catholica family, the Francescons, who had purchased the two-bedroom, two-bathroom home for $182,000 in 2015.
With 1,244 square feet, the house was listed at $410,000, for it had been “newly renovated,” the sister/brother team explained, and “boasts state-of-the-art appliances, quartz countertops, updated bathrooms and new floors.”
The homeowners’ association fee includes cable television, lawn mowing, leaf removal and access to the pool and clubhouse. In the case of 100 Cloister Drive, which sold for $365,000, the HOA fee is $450 per month. With real estate property taxes of $2,139 per year and a sale price of $293 per square foot, the houses there are affordable and a good option for those transitioning from homes being sold as lots.
Patricia Straus with Compass RE represented the buyer of the property, who will realize incremental appreciation on the property while living in a comfortable, safe, welcoming environment.
Richard Courtney is a licensed real estate broker with Fridrich and Clark Realty and can be reached at [email protected].