1904 Valley Park Dr, Nashville, TN 37216, Nashville, 37216 - 3 bed, 2 bath
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1904 Valley Park Dr
Nashville, TN 37216
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,607Sq Ft
16,117Lot Size
Property Price
LIST PRICE$598,500
EST. MARKET VALUE
$569,490
5% AboveMARKET VALUE
SUMMARY
This Versatile Single-Family Residence represents a Strong Value Opportunity, listed at $598,500—positioned well below the $569,490 Fair Market Value by -5%. While the list price reflects a premium, the property offers significant upside through its Good Condition Rating and flexible lower-level layout, which is ideal for a potential accessory dwelling unit. With a 4.5% assumable mortgage and a large 16,117 sqft lot, this home provides a unique financial hedge. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic East Nashville asset.
Estimated Market Value
$569,490
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 |
|---|---|---|---|---|---|---|
★ 1904 Valley Park Dr Subject 3 bd · 2 ba · 1,607 sqft · $354 | $598,500* List Price | 3 | 2 | 1,607 | $354 | - |
A 1908 Pinehurst Dr Sold 3 bd · 2 ba · 1,584 sqft · $363 · 0.2 mi | $575,000 | 3 | 2 | 1,584 | $363 | 0.2 mi |
B 1934 Valley Park Dr Sold 3 bd · 2 ba · 1,450 sqft · $397 · 0.2 mi | $575,000 | 3 | 2 | 1,450 | $397 | 0.2 mi |
C 1932 Valley Park Dr Sold 3 bd · 2 ba · 1,386 sqft · $433 · 0.2 mi | $600,000 | 3 | 2 | 1,386 | $433 | 0.2 mi |
D 2504 Cooper Ln Sold 3 bd · 2 ba · 1,611 sqft · $297 · 0.7 mi | $479,000 | 3 | 2 | 1,611 | $297 | 0.7 mi |
E 2400 Sandy Dr Sold 3 bd · 2 ba · 1,734 sqft · $282 · 0.6 mi | $488,500 | 3 | 2 | 1,734 | $282 | 0.6 mi |
F 1725 Welcome Ln Sold 4 bd · 3 ba · 1,458 sqft · $370 · 0.3 mi | $540,000 | 4 | 3 | 1,458 | $370 | 0.3 mi |
G 2219 Berrywood Rd Active 3 bd · 3 ba · 1,411 sqft · $390 · 0.5 mi | $549,900 List Price | 3 | 3 | 1,411 | $390 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1960, the property has undergone significant renovations that make it move-in ready. The bathroom features modern fixtures and a contemporary vanity, and the interior shows well-maintained hardwood flooring. The exterior includes a newer large covered deck and updated paint. The listing confirms major systems have been updated, placing it firmly in the 'Good' category for its age and maintenance level.
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 = 16117, living area = 1607.
- Favorable Financing
The property features an assumable mortgage with a 4.5% interest rate, providing a significant financial advantage and monthly savings in the current high-rate environment.
- Versatile Living Space
The finished lower level with a full bath and two-car garage offers excellent potential for a guest suite, rental apartment, or flexible workspace to suit various lifestyle needs.
CONSRISKS & DEFICIENCIES
- School Ratings
The property is zoned for schools with lower performance ratings, specifically a 2/10 for the local high school, which may impact long-term resale value for families.
- Vintage Construction
Built in 1960, the home may lack the modern open-concept layout and energy efficiency found in newer builds, potentially requiring more frequent maintenance.
About 1904 Valley Park Dr
A character-filled home that's been thoughtfully maintained and with the major updates already completed! The main level features three bedrooms and full bath, while the finished lower level provides valuable additional living space and a full bathroom—ideal for a home office, media room, guest space, gym, studio, or flex space. With a full bath and a functioning 2-car garage, the lower level offers an exciting opportunity for a future owner to explore creating a separate living space or apartment, subject to zoning and permitting. Backyard is fully fenced in. The seller's mortgage is assumable with a rate of 4.5%! Ask for details! Shelby Park Greenway is approximately 1/4 mile away, Cornelia Fort Airpark is less than a mile, and Ladybird Taco, Café Roze, Dose Coffee, Riverside Village, and Porter East are all nearby.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1960
- Lot Size
- 16,117 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Inglewood Elementary School
Grades PK-4 • 0.6 mi
2/10
Rosebank Elementary School
Grades PK-4 • 0.9 mi
4/10
Bailey Middle School
Grades 5-8 • 1.2 mi
0/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,607 | 2,045.139 |
| Lot Size | 16,117 | 10,890 |
| Price | $598.5K | $556.0K |
| Price per sq ft | $372 | $305 |
| Built year | 1960 | 1971 |
| HOA | $0 | $133 |
| Days on market | 38 | 70 |
Pricing History
Listed for Sale
Sep 16, 2026
$598,500
Initial Listing