
Nashville, TN 37211
This Spacious Turnkey Residence is a Strong Value Opportunity, listed at $513,000—positioned well below the $518,977 Fair Market Value by 1%. This valuation gap offers $5,977 in Instant Equity for buyers. Featuring a Good Condition Rating with modern bathroom updates and a private deck, the home provides a move-in-ready lifestyle in the high-growth Woodbine area. While school ratings are modest, the property’s proximity to downtown Nashville and significant lender credits make it an ideal choice for first-time buyers or Owner-Occupants seeking a turnkey home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 517 Elgin St Subject | $495,000* List Price | 3 | 2 | 2,125 | $237 | - |
A 3218 Meade Ave Sold | $445,000 List Price | 3 | 3 | 2,066 | 0.1 mi | |
B 419 McIver St Sold | $399,900 List Price | 4 | 4 | 2,016 | 0.3 mi | |
C 3204 Kinross Ave Sold | $565,000 | 4 | 3 | 2,436 | $232 | 0.7 mi |
D 3204 Kinross Ave Sold | $565,000 | 4 | 3 | 2,436 | $232 | 0.7 mi |
E 198 Chilton St B Active | $559,000 List Price | 3 | 3 | 2,050 | $273 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, the property is approximately 19-21 years old, placing it firmly in the 'Good' category. The home is well-maintained and move-in ready with notable updates in the bathroom, including modern subway tile and updated fixtures. The exterior and living areas show pride of ownership and functional systems consistent with a turnkey suburban residence.
The availability of over $10,200 in lender credits provides a substantial financial advantage, allowing buyers to lower monthly payments by over $300 or significantly reduce closing costs.
Situated in the desirable Woodbine neighborhood, the property offers exceptional proximity to Downtown Nashville, Geodis Park, and Berry Hill, placing it in one of the city's fastest-growing corridors.
Boasting 2,125 square feet of move-in-ready living space, this 2005 build offers a more modern and generous floor plan than the smaller, older cottages typically found in the surrounding area.
The assigned public schools have low performance ratings, specifically a 2/10 for the high school and a 3/10 for the middle school, which may deter families and impact long-term resale value.
While the interior is spacious, the 7,405 square foot lot is relatively modest for a home of this size, potentially limiting private outdoor amenities or expansion possibilities.
Over $10,200+ in lender credits available with the preferred lender that may be used toward closing costs, discount points, or securing an interest rate below current market rates, potentially lowering monthly payments by over $300 per month for qualified buyers. Discover the perfect blend of space, convenience, and Nashville lifestyle at 517 Elgin Street. Located in the heart of Woodbine, this move-in-ready home offers generous living spaces, abundant natural light, and the flexibility today's buyers need for working from home, hosting friends, or accommodating a growing household. Whether you're looking to escape apartment living, need additional room for a growing family, or want a home that allows you to enjoy Nashville rather than spend weekends on renovation projects, this property delivers. Just minutes from Downtown Nashville, Berry Hill, Wedgewood-Houston, Geodis Park, and some of the city's best dining, coffee shops, parks, and entertainment, this location provides the accessibility and lifestyle that continue to attract buyers to one of Nashville's fastest-growing areas. Enjoy the convenience of being close to work, recreation, and everything that makes Nashville one of the most desirable cities in the country. Whether you're purchasing your first home, relocating to Nashville, upsizing for more space, or simply looking for a move-in-ready property in a central location, 517 Elgin Street offers an opportunity to build equity, enjoy the city, and create a home that fits your lifestyle. Homes that combine space, location, convenience, and value at this price point are becoming increasingly difficult to find.
No exterior & parking available.
Grades K-4 • 1.2 mi
Grades 5-8 • 0.6 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,125 | - |
| Lot Size | 7,405 | - |
| Price | $495.0K | $556.8K |
| Price per sq ft | $233 | $306 |
| Built year | 2005 | 0 |
| HOA | $0 | $0 |
| Days on market | 57 | 484 |
Jun 26, 2026
$495,000
$513,000
-4% Price Drop
Initial Listing
May 27, 2026
$513,000
Initial Listing
Apr 20, 1994
$39,900
Public Record