
Nashville, TN 37216
This Renovated East Nashville Residence is a Strong Value Opportunity, listed at $555,000—positioned well below the $593,516 Fair Market Value by 6%. This valuation gap provides $38,516 in Instant Equity. Boasting a Condition Rating of 2, the home features a modern open-concept kitchen and a spacious primary suite. The rare 0.55-acre lot includes a natural creek and forested views, offering a serene urban sanctuary. This is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Buy-and-Hold Investors looking for a high-utilization asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1008 Virginia Ave #A Subject | $545,000* List Price | 3 | 2 | 1,727 | $316 | - |
A 4202 Glynda Dr Sold | $475,000 | 3 | 1 | 1,528 | $311 | 0.3 mi |
B 1062 Horseshoe Dr Sold | $535,000 | 3 | 2 | 1,469 | $364 | 0.3 mi |
C 1317 Ardee Ave Sold | $650,000 | 2 | 1 | 1,603 | $405 | 0.7 mi |
D 1317 Ardee Ave Sold | $650,000 | 2 | 1 | 1,603 | $405 | 0.7 mi |
E 4208 Glynda Dr Active | $554,900 List Price | 3 | 2 | 1,867 | $297 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1930, the property has undergone an extensive, high-quality renovation within the last 5 years, effectively making it a brand-new home. The interior features a modern open-concept kitchen with white shaker cabinetry, quartz countertops, and black hardware, alongside fully updated bathrooms with contemporary tile work and double vanities. All major components, including flooring, recessed lighting, and fixtures, meet current luxury standards with no signs of deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23958, living area = 1727.
Situated in a highly sought-after pocket of East Nashville, the property offers immediate access to trendy local dining, coffee shops, and a quick commute to downtown.
The rare half-acre lot provides significant outdoor space and includes a charming creek, offering a level of privacy and nature seldom found in this urban setting.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1727, other record living area = 1556.
The presence of a creek on the property may necessitate flood insurance and requires ongoing maintenance to manage drainage and vegetation.
As a '#A' unit, the property likely operates under a Horizontal Property Regime, which may involve shared land responsibilities or restrictions compared to a traditional fee-simple lot.
Located in a flood zone; however, to our knowledge the home has not flooded during current or prior ownership. A culvert was added by the city after 2010 to help reduce flood risk. Flood insurance will be required. Welcome to 1008 Virginia Ave in the heart of East Nashville! Just minutes from restaurants, coffee shops, and downtown. Fully renovated 3 bed, 2 bath with a character-filled layout, original interior brick, and a wood-burning fireplace perfect for winter. Rare half-acre lot with a small creek.. space you don’t typically find in this area. Contact listing agent for more details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,727 | 1,734 | 50% |
| Lot Size | 23,958 | 12,632 | 84% |
| Price | $545.0K | $550.0K | 48% |
| Price per sq ft | $316 | $327 | 42% |
| Built year | 1930 | 1948 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 629 | 1% |
May 16, 2026
$545,000
$555,000
-2% Price Drop
Initial Listing
Apr 3, 2026
$555,000
Initial Listing