
Nashville, TN 37211
This High-Potential Investment Opportunity is listed at $399,990, positioned well below the $415,565 Fair Market Value by 3%. This valuation gap offers $15,575 in Instant Equity. Featuring a 4/10 Condition Rating, the home includes a 2.5-year-old roof, tankless water heater, and a spacious deck. While the interior requires cosmetic updates, the rare 2.25% assumable mortgage provides significant long-term financial leverage. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1541 Celebration Way Subject | $399,990* List Price | 3 | 2 | 1,720 | $242 | - |
A 253 Burgandy Hill Rd Sold | $495,000 | 3 | 3 | 1,931 | $256 | 0.3 mi |
B 253 Burgandy Hill Rd Sold | $495,000 | 3 | 3 | 1,931 | $256 | 0.3 mi |
C 1283 Brentwood Highlands Dr Sold | $485,000 | 3 | 3 | 2,058 | $236 | 0.2 mi |
D 2517 Call Hill Rd Sold | $404,500 | 3 | 2 | 1,458 | $277 | 0.4 mi |
E 1283 Brentwood Highlands Dr Sold | $485,000 | 3 | 3 | 2,172 | $223 | 0.2 mi |
F 3420 Cobble St Sold | $435,000 | 3 | 2 | 1,440 | $302 | 0.7 mi |
G 6053 Bradford Hills Dr Active | $439,900 List Price | 3 | 2 | 2,000 | $220 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, the property is over 20 years old and retains original, dated bathroom fixtures and finishes. While the home features excellent recent system upgrades including a 2.5-year-old roof and a new tankless water heater, the interior aesthetics have not been renovated within the last 15 years, fitting the criteria for a well-maintained but dated residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1720.
The property features a rare $245,000 assumable mortgage at a 2.25% interest rate, offering a massive financial advantage and significant monthly savings in the current high-rate market.
Key high-value items have been recently addressed, including a 2.5-year-old roof and a new tankless gas water heater, reducing the immediate need for capital expenditures.
The assigned high school has a low rating of 3/10, which may deter families prioritizing education and could potentially impact long-term resale value.
Built in 1997, the home may require cosmetic modernization and interior updates to meet the contemporary design standards expected by today's Nashville buyers.
ASSUMABLE 2.25% MORTGAGE!!! Discover this charming, well cared for single-story home in the desirable Bridle Downs neighborhood! Offering 3 bedrooms, 2 bathrooms, and 1,720 sq ft of comfortable living space, this 1997-built gem is move-in ready and full of value. Step inside to tall ceilings, an open layout, and a spacious primary suite with jetted tub. Recent upgrades include a 2.5-year-old roof, new (gas) tankless water heater, and new attic exhaust fans for better ventilation and efficiency. The washer and dryer convey with the sale for added convenience. A standout feature is the $245,000 assumable mortgage at only 2.25% interest — an incredible savings opportunity in today’s market! Located on a generous lot with beautiful back yard with fruit trees and peace, in a friendly South Nashville community, you’ll enjoy easy access to Nolensville Pike, shopping, dining, parks, and major highways. Perfect for families or savvy buyers seeking comfort and smart financing. Don’t miss this opportunity — schedule your showing today!
No exterior & parking available.
Grades PK-4 • 1.2 mi
Grades 5-8 • 0.9 mi
Grades 9-12 • 4.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,720 | - |
| Lot Size | 8,712 | - |
| Price | $400.0K | $556.8K |
| Price per sq ft | $233 | $306 |
| Built year | 1997 | 0 |
| HOA | $18 | $0 |
| Days on market | 28 | 484 |
Jun 24, 2026
$399,990
Initial Listing
Sep 26, 1997
$136,900
Public Record