
Nashville, TN 37217
This property presents a High-Potential Investment Opportunity with a List Price of $323,000—positioned well below the $312,719 Fair Market Value by -3%. While the home has a Fair Condition Rating due to its dated interior, the recent roof and window updates mitigate immediate capital expenditures. The large 11,761 sqft lot offers significant utility, making this an ideal project for Buy-and-Hold Investors or first-time buyers looking to build equity through cosmetic modernization in a convenient Nashville location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2821 Creekview Dr Subject | $323,000* List Price | 3 | 2 | 1,642 | $190 | - |
A 2946 Anderson Rd Sold | $319,000 | 4 | 2 | 2,075 | $154 | 0.2 mi |
B 2437 Rychen Dr Sold | $370,000 | 4 | 2 | 2,066 | $179 | 1.0 mi |
C 632 Lake Terrace Dr Sold | $330,000 | 4 | 3 | 1,950 | $169 | 0.8 mi |
D 545 Castlegate Dr Sold | $372,500 | 4 | 2 | 2,236 | $167 | 0.9 mi |
E 486 Rural Hill Rd Active | $349,500 List Price | 3 | 2 | 1,675 | $209 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is 53 years old (built 1971). While it features a newer roof (3 years) and replacement windows (12 years), the interior is significantly dated. Photos show original 1970s-style bathroom tile, an older vanity, and worn carpeting that requires replacement. Additionally, the backyard patio shows evidence of standing water and drainage issues, placing it in the 'Fair' category as a functional but dated home needing cosmetic and minor exterior repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 1642.
Priced below a recent appraisal, this property offers buyers immediate value and financial confidence, providing a rare opportunity for built-in equity at closing.
The home features significant recent improvements, including a roof that is only approximately three years old and updated replacement windows, reducing the need for immediate capital expenditures.
The assigned middle and high schools currently hold low ratings (2/10), which may be a concern for families prioritizing educational performance or long-term resale value.
Built in 1971, the home may require cosmetic modernizations and interior updates to meet the preferences of buyers looking for a contemporary living space.
Welcome to this well-maintained one-level home in the established Edge-O-Lake Estates neighborhood! Offering 3 bedrooms, 2 full bathrooms, and over 1,600 square feet of living space, this home features a spacious layout with multiple living areas, large picture windows that fill the home with natural light, and a cozy den with a brick fireplace, gas logs, and built-in shelving. The kitchen offers ample cabinet and counter space, while the covered front porch, fenced backyard, mature trees, and oversized driveway add to the home’s appeal. Recent updates include replacement windows (approximately 12 years old) and a roof that’s approximately 3 years old. Conveniently located just minutes from Downtown Nashville, BNA Airport, shopping, dining, and major interstates, this home offers comfort, convenience, and plenty of opportunity to make it your own. Priced below a recent appraisal, offering an exceptional value and added confidence for buyers. Buyer incentive: Receive a FREE appraisal when financing with the seller’s preferred lender!
No exterior & parking available.
Grades PK-4 • 0.3 mi
Grades 5-8 • 2.3 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,642 | - |
| Lot Size | 11,761 | - |
| Price | $323.0K | $556.8K |
| Price per sq ft | $197 | $306 |
| Built year | 1971 | 0 |
| HOA | $0 | $0 |
| Days on market | 9 | 484 |
Jul 13, 2026
$323,000
Initial Listing