3217 Penn Meade Way, Nashville, TN 37214, Nashville, 37214 - 3 bed, 2 bath
Loading property details...
3217 Penn Meade Way
Nashville, TN 37214
ACTIVE
CONDITION: GOOD
3Beds
2Baths
970Sq Ft
3,485Lot Size
Property Price
LIST PRICE$297,000
EST. MARKET VALUE
$296,694
SUMMARY
This Move-In Ready Single Family Residence is a Strong Value Opportunity, listed at $306,000—positioned well below the $295,392 Fair Market Value by -3%. While the list price is slightly above the current estimate, the property features a Good Condition Rating with recent interior paint and stainless steel appliances. The fully fenced-in backyard and patio enhance the outdoor living experience. Despite the compact 970 sqft footprint, this home provides an accessible entry point for first-time buyers or Buy-and-Hold Investors seeking a low-maintenance Nashville asset.
Estimated Market Value
$296,694
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 |
|---|---|---|---|---|---|---|
★ 3217 Penn Meade Way Subject | $297,000* List Price | 3 | 2 | 970 | $306 | - |
A 2632 River Meade Way Sold | $280,000 | 3 | 2 | 1,111 | $252 | 0.0 mi |
B 2544 Sonar St Sold | $285,000 | 2 | 1 | 835 | $341 | 0.1 mi |
C 1134 Alandee St Sold | $250,000 | 2 | 1 | 808 | $309 | 0.2 mi |
D 1200 Alandee St Sold | $285,000 | 2 | 1 | 798 | $357 | 0.1 mi |
E 3196 Penn Meade Way Active | $295,000 List Price | 3 | 2 | 980 | $301 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2005 (19 years old), the property falls within the 10-20 year range for 'Good' condition. It is well-maintained and move-in ready with recent cosmetic updates including fresh interior paint and stainless steel kitchen appliances. Systems like the HVAC appear functional, and the interior flooring is in good condition.
PROSSTRENGTHS & OPPORTUNITIES
- Move-In Ready Updates
The property features fresh interior paint and modern stainless steel appliances, providing a refreshed and inviting atmosphere for immediate occupancy.
- Private Outdoor Living
A fully fenced-in backyard enhances the usability of the outdoor space, offering privacy and security for pets and children.
- Competitive Entry-Level Pricing
Priced at $306,000, this home offers an accessible entry point into the Nashville market for first-time buyers or investors seeking a single-family residence.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At only 970 square feet for a three-bedroom layout, the interior living spaces and bedrooms may feel cramped for larger households.
- Mixed School District Ratings
While the elementary school is well-rated, the assigned middle and high schools have lower performance scores, which may be a concern for families prioritizing education.
About 3217 Penn Meade Way
Come see 3217 Penn Meade Way, where recent updates include fresh interior paint, creating a refreshed and inviting atmosphere. The kitchen is equipped with all stainless steel appliances, and the property features a fully fenced in backyard, enhancing usability. A must-see for updated style and practical outdoor living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 3,485 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $65 / Month
Neighborhood Insights
Nashville Unified Schools
Pennington Elementary School
Grades PK-4 • 2.9 mi
7/10
Stanford Elementary Montessori Design Center
Grades PK-4 • 4.7 mi
7/10
Two Rivers Middle School
Grades 5-8 • 3.6 mi
3/10
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 | 970 | 2,093.129 |
| Lot Size | 3,485 | 10,890 |
| Price | $297.0K | $568.3K |
| Price per sq ft | $306 | $307 |
| Built year | 2005 | 1971 |
| HOA | $65 | $137 |
| Days on market | 43 | 69 |
Pricing History
Listed for Sale
Aug 14, 2026
$297,000
$306,000
-3% Price Drop
Initial Listing
Price Change
Jul 28, 2026
$306,000
Initial Listing