Google+
Wednesday, December 7, 2016
Home » Events » St. Martin Square Tax Sale

St. Martin Square Tax Sale

St. Martin Square at Seven Springs in Brentwood

St. Martin Square at Seven Springs in Brentwood

St. Martin Square at Seven Springs has 11 Brentwood, TN condos headed to sale at a property tax sale on August 25, 2010.

As stated in the public notice just posted:

“The properties are being sold for delinquent real property taxes, penalties, interest, court costs, attorneys fees and other liens of the Metropolitan Government in the auditorium of the Nashville Public Library”.

The Nashville Public Library is located at 615 Church St, Nashville, TN 37219 and the sale is set to take place on Wednesday August 25, 2010 at 12:00 noon.

Vastland Companies, owned by Mac McClung and J.D. Eatherly, is the developer of the St. Martin Square at Seven Springs project, located off Old Hickory Blvd in Brentwood, Tennessee.

Here is a quick snapshot of the 11 Brentwood condos moving towards sale:

Address BR Baths SF Orig List $/sf
305 Seven Springs Way #102 2 2 1279 $306,000 $239.25
305 Seven Springs Way #103 2 2 1306 $296,900 $227.34
305 Seven Springs Way #202 3 2 1485 $319,000 $214.81
305 Seven Springs Way #203 3 2 1485 $319,000 $214.81
305 Seven Springs Way #303 2 2 1306 $275,000 $210.57
305 Seven Springs Way #402 3 2 1485 $337,900 $227.54
307 Seven Springs Way #101 2 2 1469 $344,900 $234.79
307 Seven Springs Way #102 2 2 1469 $305,000 $207.62
307 Seven Springs Way #104 2 2 1216 $305,000 $250.82
307 Seven Springs Way #202 3 2 1485 $294,900 $198.59
307 Seven Springs Way #203 3 2 1485 $294,900 $198.50


Since St. Martin Square at Seven Springs began selling condos four years ago, the average $ price per square foot on closed units has steadily declined, as shown below.  It is important to note these figures only include closed sales as reported in Realtracs MLS.  Units sold, but not listed in the Realtracs MLS may have positively or negatively impacted the figures.

Year Units sold $/sf
2006 7 $231
2007 12 $249
2008 8 $205
2009 4 $213
2010 6 $186