501 S Lakeridge Pl, Nashville, TN 37214, Nashville, 37214 - 3 bed, 4 bath
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Nashville, TN 37214
This Spacious Value-Driven Residence is a Strong Value Opportunity, listed at $475,000—positioned well below the $520,923 Fair Market Value by 8%. This valuation gap provides $45,923 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features 3,235 square feet of living space, granite countertops, and a private deck and patio. While the 1990s era finishes offer room for modernization, the property is move-in ready and exceptionally priced. This is an ideal acquisition for Owner-Occupants seeking scale or Buy-and-Hold Investors targeting high-equity assets.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 501 S Lakeridge Pl Subject | $475,000* List Price | 3 | 4 | 3,235 | $161 | - |
A 3116 Harborwood Dr Sold | $412,900 | 3 | 3 | 2,333 | $177 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained. Built in 1996, it features several updates including granite or quartz countertops and a modern light fixture in the kitchen, along with updated hard-surface flooring in the main living areas. While the bathrooms and black kitchen appliances reflect a more dated 1990s style, the home shows minimal wear and tear and requires no immediate repairs.
With 3,235 square feet of living space, this home offers an exceptionally large floor plan for a three-bedroom property, providing ample room for comfortable living and versatile use.
Priced at approximately $147 per square foot, this property offers significant value for the Nashville market, making it an attractive option for buyers seeking more space for their budget.
The home is described as charming and well-maintained with bright living spaces and a functional layout, suggesting it is move-in ready for the next owner.
The assigned middle and high schools have lower academic ratings (4 and 3 respectively), which may be a drawback for families prioritizing top-tier public education.
Built in 1996, the property may feature some original architectural elements or systems that could require modernization to align with current contemporary design trends.
Here’s a more concise version: Charming and well-maintained home at 501 S Lakeridge Dr in Nashville, offering bright living spaces, a functional layout, and comfortable bedrooms. Enjoy a well-equipped kitchen and a peaceful outdoor area perfect for relaxing or entertaining. Conveniently located near shopping, dining, and everything Nashville has to offer, this home blends comfort and location perfectly.
No exterior & parking available.
Grades K-4 • 2.8 mi
Grades 5-8 • 2.2 mi
Grades 9-12 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 3,235 | 1,636.5 | 97% |
| Lot Size | 8,712 | 13,939 | 23% |
| Price | $475.0K | $389.5K | 82% |
| Price per sq ft | $147 | $246 | 19% |
| Built year | 1996 | 1963 | 76% |
| HOA | $41 | $0 | 83% |
| Days on market | 10 | 294 | 0% |
Apr 12, 2026
$475,000
Initial Listing
Nov 26, 1997
$215,000
Public Record
Jun 17, 1996
$190,000
Public Record