3131 Penn Meade Way, Nashville, TN 37214, Nashville, 37214 - 3 bed, 3 bath
Loading property details...
Nashville, TN 37214
This Move-In Ready Nashville Residence is a Strong Value Opportunity, listed at $370,000—positioned well below the $409,556 Fair Market Value by 9%. This valuation gap provides $39,556 in Instant Equity for the incoming owner. The home maintains a Good Condition Rating, featuring a two-year-old roof, updated kitchen appliances, and a private rear patio. Located near Briley Parkway and the highly-rated Pennington Elementary School, it offers a seamless commute and lifestyle convenience. This property is an ideal acquisition for Owner-Occupants seeking immediate value or Buy-and-Hold Investors looking for a stable asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3131 Penn Meade Way Subject | $370,000* List Price | 3 | 3 | 1,444 | $284 | - |
A 2735 Penn Meade Dr Sold | $315,000 | 2 | 2 | 991 | $318 | 0.3 mi |
B 2632 River Meade Way Active | $312,000 List Price | 3 | 2 | 1,111 | $281 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and fits the 'good' criteria perfectly, having been built in 2006 (18 years ago). It features significant recent maintenance and updates, including a roof that is only 2 years old and a kitchen with recently updated stainless steel appliances. While some elements like the bathroom vanities and flooring reflect the original builder-grade style of the mid-2000s, the home is well-maintained with no immediate renovations required.
The property features a roof that is only two years old and a recently updated kitchen with new appliances, significantly reducing immediate capital expenditure for the new owner.
Situated in the River Glen subdivision just minutes from Briley Parkway, this home offers an ideal location for a convenient Nashville commute.
Built in 2006 and featuring elegant finishes throughout, including a new rear patio door, the home presents a modern and well-maintained aesthetic.
The lot size is approximately 3,485 square feet, which is relatively compact for a single-family residence and may limit privacy or yard activities.
While the elementary school is highly rated, the assigned middle and high schools have lower performance ratings, which could be a consideration for families with older children.
Welcome to this charming Home in the desirable River Glen subdivision tucked off of Pennington Bend in Donelson. Conveniently located minutes off of Briley Pkwy for the ultimate in Nashville commute convenience! This 3 bedroom, 2.5 bathroom home features elegant touches and finishes throughout. The kitchen has been recently updated with new appliances and a new rear patio door. The roof is only 2 years old! Definitely a must see!!! Does NOT require flood insurance! Video tour link: https://youtu.be/efzacaUrXB0?si=sTb_ZpkpJ0jB4R05
No exterior & parking available.
Grades PK-4 • 3.0 mi
Grades PK-4 • 4.7 mi
Grades 5-8 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 68% |
| Square foot | 1,444 | 1,634.5 | 37% |
| Lot Size | 3,485 | 13,939 | 4% |
| Price | $370.0K | $389.5K | 47% |
| Price per sq ft | $256 | $247 | 52% |
| Built year | 2006 | 1963 | 90% |
| HOA | $20 | $0 | 77% |
| Days on market | 50 | 295 | 0% |
Mar 3, 2026
$370,000
Initial Listing