2116 Hobbs Rd N-11, Nashville, TN 37215, Nashville, 37215 - 1 bed, 1 bath
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2116 Hobbs Rd N-11
Nashville, TN 37215
ACTIVE
CONDITION: GOOD
1Beds
1Baths
748Sq Ft
871Lot Size
Property Price
LIST PRICE$199,500
EST. MARKET VALUE
$206,447
3% BelowMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is listed at a List Price of $199,500—positioned well below the $206,448 Fair Market Value by 3%. This valuation gap offers $6,948 in Instant Equity. Featuring a Condition Rating of 3, the unit includes recent upgrades like new appliances, LVP flooring, and French doors. Located in the heart of Green Hills near top-rated schools, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a prime, low-maintenance Nashville asset.
Estimated Market Value
$206,447+$6,947 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2116 Hobbs Rd N-11 Subject 1 bd · 1 ba · 748 sqft · $276 | $199,500* List Price | 1 | 1 | 748 | $276 | - |
A 2025 Woodmont Blvd 226 Sold 1 bd · 1 ba · 747 sqft · $266 · 1.0 mi | $199,000 | 1 | 1 | 747 | $266 | 1.0 mi |
B 404 Summit Ridge Pl Sold 1 bd · 1 ba · 716 sqft · $314 · 0.6 mi | $225,000 | 1 | 1 | 716 | $314 | 0.6 mi |
C 1900 Richard Jones Rd R8 Sold 2 bd · 2 ba · 976 sqft · $256 · 0.7 mi | $250,000 | 2 | 2 | 976 | $256 | 0.7 mi |
D 2025 Woodmont Blvd 215 Sold 2 bd · 1 ba · 941 sqft · $271 · 0.9 mi | $255,000 | 2 | 1 | 941 | $271 | 0.9 mi |
E 2116 Hobbs Rd N-11 Active 1 bd · 1 ba · 748 sqft · $294 · 0.1 mi | $220,000 List Price | 1 | 1 | 748 | $294 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Despite being built in 1971, the condo has undergone recent updates including brand new kitchen appliances (stove, microwave, dishwasher), new LVP and carpet flooring, and new French doors. The plumbing and electrical systems have been recently checked, making it functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Green Hills Location
Situated in the heart of the highly sought-after Green Hills area, this condo offers unparalleled proximity to premier shopping, dining, and local amenities in one of Nashville's most desirable zip codes.
- Recent Interior Upgrades
The unit features significant modern updates including new LVP and carpet flooring, brand-new kitchen appliances, newer cabinetry, and new French doors leading to a private patio.
- Exceptional Market Value
Priced under $200,000, this property represents a rare and affordable entry-level opportunity for first-time buyers or investors looking to enter a high-demand real estate market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 586. Living area discrepancy between mls listing and other public or private record. mls listing living area = 748, other record living area = 1150. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
- As-Is Sale Condition
The property is being sold strictly in 'as-is' condition with the seller refusing to make repairs, which may require the buyer to cover immediate maintenance or upgrade costs.
- Lack of In-Unit Laundry
The absence of private laundry hookups requires residents to use the shared community facility, which may be a convenience drawback for modern buyers compared to newer developments.
About 2116 Hobbs Rd N-11
LOCATION - LOCATION! This updated home is in the heart of the Green Hills area, close to EVERYTHING! This 1 bedroom, 1 full bath condo is on the ground level of N Bldg, Unit 11. There are trees behind this home allowing for some privacy on the patio, a shared grill for the building right next to the patio, a laundry facility on the premises, ample parking, and a beautiful community pool! The condo is selling "as is", ready for new owner(s) to make it "YOURS"! Kitchen has newer cabinetry; Dishwasher, Stove and Microwave are NEW, and Refrigerator (which remains) is stainless and newer. Home has new flooring (LVP in Kitchen & new carpet in the Living/Dining Room and Bedroom). The French doors leading to the patio are NEW! Built-in wall unit located in Living Room. ***Please note that the Living Room/Dining area and Bedroom "Furnished" pictures are virtual pictures so you can envision what the home could look like! Pass/Fail inspections are welcome, but seller will not be making any repairs - plumbing & electrical recently checked by Lee Company. Come check out this home! Note: Building "N" was built later, in 1971 (not 1968). All offers to be on TAR forms.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $221 / Month
Neighborhood Insights
Nashville Unified Schools
Julia Green Elementary School
Grades K-4 • 0.7 mi
6/10
John T. Moore Middle School
Grades 5-8 • 2.7 mi
5/10
Hillsboro High School
Grades 9-12 • 0.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 748 | 1,009.514 |
| Lot Size | 871 | 871 |
| Price | $199.5K | $347.6K |
| Price per sq ft | $267 | $343 |
| Built year | 1971 | 2007 |
| HOA | $221 | $334 |
| Days on market | 38 | 92 |
Pricing History
Listed for Sale
Sep 16, 2026
$199,500
Initial Listing
Sold
Jul 2, 1997
$62,000
Public Record