1110 Stratford Ave, Nashville, TN 37216, Nashville, 37216 - 3 bed, 3 bath
Loading property details...
1110 Stratford Ave
Nashville, TN 37216
ACTIVE
CONDITION: POOR
3Beds
3Baths
1,880Sq Ft
20,909Lot Size
Property Price
LIST PRICE$789,900
EST. MARKET VALUE
$684,509
15% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $789,900—positioned above the $684,510 Fair Market Value. While the price reflects the unique land-use potential, the Fair Condition Rating necessitates significant rehabilitation. The asset features a massive 20,909 sqft lot with approved plans to subdivide into two parcels, offering a rare value-add strategy in Historic Inglewood. This project requires the removal of a non-conforming addition to unlock full development potential. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a high-scale development project.
Estimated Market Value
$684,509
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1110 Stratford Ave Subject 3 bd · 3 ba · 1,880 sqft · $364 | $789,900* List Price | 3 | 3 | 1,880 | $364 | - |
A 3509 Golf St Sold 3 bd · 2 ba · 1,632 sqft · $352 · 0.4 mi | $575,000 | 3 | 2 | 1,632 | $352 | 0.4 mi |
B 3804 Oxford St Active 3 bd · 2 ba · 1,409 sqft · $408 · 0.3 mi | $575,000 List Price | 3 | 2 | 1,409 | $408 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1948, this property is explicitly marketed to builders and renovators. While the interior photos show some updated elements in the historic portion (such as newer flooring, paint, and a functional bathroom), the home requires significant rehabilitation, including finishing major renovations or removing a 731 sqft non-conforming unfinished addition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20909, living area = 1880.
- Development Potential
The property offers a rare value-add opportunity with approval to be subdivided back into two separate lots, allowing for the renovation of the existing home plus the construction of a new residence.
- Prime Historic Location
Situated in the highly coveted Historic Inglewood neighborhood, the property benefits from strong local demand and the prestige of an established, high-character Nashville community.
CONSRISKS & DEFICIENCIES
- Excessive Days on Market
With over 1,600 days on the market, the listing carries a significant 'stale' stigma, which may complicate buyer perception and suggests potential historical pricing or condition hurdles.
- Required Demolition Costs
To achieve the two-lot configuration, the buyer must remove a 731-square-foot non-conforming addition, adding immediate demolition expenses and logistical complexity to the project.
About 1110 Stratford Ave
ATTENTION Builders & Renovators! You have two options: 1) finish renovating 2611sf home OR 2) renovate 1880sf home and also build an additional home of your dreams in highly coveted Historic Inglewood! This is not an HPR or rezone but approved by historic/planning to be deeded back into two lots (currently a single lot) once the existing 731sf non conforming unfinished addition is removed. Existing historic portion of house has interior updates and basement. Agent related to Seller.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 20,909 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,880 | 2,045.139 |
| Lot Size | 20,909 | 10,890 |
| Price | $789.9K | $556.0K |
| Price per sq ft | $420 | $305 |
| Built year | 1948 | 1971 |
| HOA | $0 | $133 |
| Days on market | 1652 | 70 |
Pricing History
Listed for Sale
Apr 16, 2022
$789,900
Initial Listing