5116 Village Way, Nashville, TN 37211, Nashville, 37211 - 3 bed, 2 bath
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5116 Village Way
Nashville, TN 37211
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,320Sq Ft
7,405Lot Size
Property Price
LIST PRICE$379,900
EST. MARKET VALUE
$375,913
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $379,900—positioned slightly above the $375,913 Fair Market Value. While the property requires cosmetic updates, its Condition Rating of 4 and 1,320 sqft layout offer a clear path to forced appreciation. The home features a fenced backyard, vaulted ceilings, and a two-car garage, situated in a district with an 8/10 rated elementary school. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build long-term value through strategic renovations.
Estimated Market Value
$375,913
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 |
|---|---|---|---|---|---|---|
★ 5116 Village Way Subject 3 bd · 2 ba · 1,320 sqft · $285 | $379,900* List Price | 3 | 2 | 1,320 | $285 | - |
A 5100 Village Way Sold 3 bd · 3 ba · 1,417 sqft · $300 · 0.0 mi | $424,900 | 3 | 3 | 1,417 | $300 | 0.0 mi |
B 5037 English Village Dr Active 3 bd · 2 ba · 1,312 sqft · $320 · 0.4 mi | $420,000 List Price | 3 | 2 | 1,312 | $320 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1987 (37+ years old). While the main living area features updated laminate flooring, the property remains dated with original popcorn ceilings and significantly stained/worn carpeting in the bedrooms. The kitchen layout and cabinetry are older, and the exterior deck requires maintenance, fitting the criteria for a home needing minor repairs and updates.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1320.
- Prime Location
Situated in the desirable Villages of Brentwood, the property offers exceptional proximity to both downtown Nashville and Brentwood, providing a perfect balance of suburban tranquility and urban accessibility.
- Desirable Architectural Features
The one-story open floor plan is enhanced by vaulted ceilings and a two-car garage, offering a spacious feel and functional layout that appeals to a wide demographic, including first-time buyers and downsizers.
CONSRISKS & DEFICIENCIES
- Underperforming High School
The designated high school, John Overton Comp High, has a low rating of 3/10, which may be a deterrent for families with older children and could impact future resale velocity.
- Compact Living Space
With only 1,320 square feet for a three-bedroom residence, the interior living areas and bedrooms may feel small compared to newer builds or larger homes in the same price bracket.
About 5116 Village Way
Beautiful one story open floor plan home, Fenced backyard , Vualted ceiling, two car garage, few minutes to down town and Brentwood. amazing location and great school district.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $20 / Month
Neighborhood Insights
Nashville Unified Schools
Granbery Elementary School
Grades K-4 • 1.5 mi
8/10
William Henry Oliver Middle School
Grades 5-8 • 1.9 mi
5/10
John Overton Comp High School
Grades 9-12 • 3.3 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 | 1,320 | 2,045.139 |
| Lot Size | 7,405 | 10,890 |
| Price | $379.9K | $556.0K |
| Price per sq ft | $288 | $305 |
| Built year | 1987 | 1971 |
| HOA | $20 | $133 |
| Days on market | 14 | 70 |
Pricing History
Listed for Sale
Oct 10, 2026
$379,900
Initial Listing
Sold
Feb 20, 1997
$122,000
Public Record
Sold
Jul 14, 1994
$91,500
Public Record