Welcome to 1425 Shelton Ave, a fully reimagined home in the heart of East Nashville’s Inglewood neighborhood, where thoughtful design meets effortless living.

Offering 4 bedrooms, 3 bathrooms, and 2,120 square feet, this home feels refined yet inviting from the moment you arrive. Taken down to the studs and rebuilt with care, it features all-new electrical, plumbing, HVAC, and ductwork for modern reliability. New James Hardie siding and gutters, select new windows, and a newly paved asphalt driveway enhance its curb appeal.

Inside, natural light fills the open-concept living spaces, highlighting clean lines and warm, modern finishes. The layout is designed for both quiet moments and easy entertaining. Outside, a fully fenced backyard with a 6-foot privacy fence offers a private retreat for slow mornings, evening gatherings, or simply unwinding.

Enjoy convenient access to Shelby Park’s greenways and open spaces, Briley Parkway, and the dining, coffee, and culture of Five Points. This is more than a renovation—it’s a home designed to be lived in, felt, and enjoyed.

LOAN TERMS

This term sheet summarizes proposed terms for occupying the Property under a five-year purchase option, with the seller financing the purchase if the option is exercised and the sale closes. It is a discussion draft for review and preparation of definitive written agreements.

Purchase price schedule

Annual rent schedule

Owner financing at purchase

If purchaser exercises the option and the sale closes, seller will finance the remaining purchase balance. The $20,000 option fee credit and any accrued on-time payment credits will be applied at closing to reduce the purchase balance to be financed. The interest rate, amortization period, monthly principal-and-interest payment, first payment date, maturity or balloon payment, prepayment terms, title-transfer structure, security instrument, and default and cure terms remain to be agreed in definitive documents.

Credits at purchase closing

Option fee credit. At purchase closing, seller will credit purchaser $20,000 for the option fee paid, to be applied to the purchase price and reduce the purchase balance to be financed.

On-time payment credit. Seller will also credit purchaser $200 for each month in which the monthly rent amount in the annual schedule is paid on or before the 3rd. A rent payment made after the 3rd is late, incurs the $300 late fee, and resets the accrued monthly payment credit to $0. Credit accrual resumes the following month, with a new $200 credit for each subsequent month’s rent paid on or before the 3rd. These credits will be applied to the purchase price at closing and reduce the purchase balance to be financed.

Example. If purchase closes after 36 months and all 36 monthly rents were timely, the $830,404.75 Year 3 price would be reduced by the $20,000 option fee credit and $7,200 in monthly credits, leaving an illustrative seller-financed balance of $803,204.75 before interest, closing costs, or other adjustments.

Maintenance & Utilites

Resident pays for all maintenace, repairs, and upkeep. Resident is responsible for all utilites.

Nonbinding discussion draft

This term sheet is a summary of proposed business terms for discussion and attorney review. It is not a purchase agreement or option contract and does not itself grant a right to occupy or purchase the Property. Any binding obligations are subject to execution of definitive written agreements by all required parties.

https://listings.snaplyphoto.com/sites/ezqkjbyw/unbranded