4000 Anderson Road 68, Nashville, TN 37217, Nashville, 37217 - 3 bed, 3 bath
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4000 Anderson Road 68
Nashville, TN 37217
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,480Sq Ft
0Lot Size
Property Price
LIST PRICE$206,999
EST. MARKET VALUE
$241,685
14% BelowMARKET VALUE
SUMMARY
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $206,999—positioned well below the $241,685 Fair Market Value by 14%. This valuation gap provides $34,686 in Instant Equity. Featuring a Condition Rating of 2, the home includes a renovated interior with granite countertops and new fixtures. Residents enjoy a low-maintenance lifestyle with HOA-covered exterior maintenance and proximity to Percy Priest Lake. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Estimated Market Value
$241,685+$34,686 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 |
|---|---|---|---|---|---|---|
★ 4000 Anderson Road 68 Subject | $206,999* List Price | 3 | 3 | 1,480 | $163 | - |
A 4001 Anderson Rd C117 Sold | $238,000 | 3 | 2 | 1,472 | $162 | 0.3 mi |
B 3880 Priest Lake Dr 62 Sold | $262,000 | 3 | 3 | 1,564 | $168 | 0.2 mi |
C 4000 Anderson Rd 44 Active | $199,990 List Price | 3 | 3 | 1,480 | $135 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (<5 years) including new windows, granite countertops, flooring, carpet, paint, and plumbing/lighting fixtures. The interior is in mint, move-in ready condition, offsetting the 1975 build date.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Interior Renovations
The property features significant modern upgrades, including new windows, granite countertops, new flooring, and updated lighting and plumbing fixtures, providing a move-in-ready experience.
- Prime Recreational Access
Located near Percy Priest Lake and Anderson Road campground, residents enjoy immediate access to boat launches, walking trails, tennis courts, and a community swimming pool.
- Comprehensive HOA Coverage
The association fee includes exterior maintenance and roof care along with water, sewer, and trash services, offering a low-maintenance lifestyle and simplified budgeting.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned middle and high schools are rated 2/10, which may impact long-term property value and appeal to families prioritizing public education quality.
- Aging Infrastructure
Built in 1975, the property may have older underlying mechanical or structural systems that were not addressed by the recent cosmetic and surface-level renovations.
About 4000 Anderson Road 68
Perfect investor property. This cozy townhome is nestled by the Priest Lake area. It is very close to Anderson Road campground and Percy Priest Lake and Recreation area with a boat launch ramp. It offers walking trails, tennis courts and swimming pool. This home includes new windows, granite countertops, new floor, new carpet upstairs, new lighting fixtures, paint and plumbing fixtures. The master suite includes its own walk out balcony, on-suite and walk in closet. This is a charming must see!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1975
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $319 / Month
Neighborhood Insights
Nashville Unified Schools
Lakeview Elementary Design Center
Grades PK-4 • 2.3 mi
6/10
Apollo Middle School
Grades 5-8 • 4.3 mi
2/10
Antioch High School
Grades 9-12 • 4.0 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.5 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,480 | 1,538.436 |
| Lot Size | - | 871 |
| Price | $207.0K | $358.6K |
| Price per sq ft | $140 | $240 |
| Built year | 1975 | 2004 |
| HOA | $319 | $250 |
| Days on market | 25 | 79 |
Pricing History
Listed for Sale
Aug 15, 2026
$206,999
Initial Listing
Sold
Aug 31, 1995
$55,900
Public Record