521B Basswood Ave, Nashville, TN 37209, Nashville, 37209 - 4 bed, 3 bath
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521B Basswood Ave
Nashville, TN 37209
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,957Sq Ft
11,761Lot Size
Property Price
LIST PRICE$650,000
EST. MARKET VALUE
$613,580
5% AboveMARKET VALUE
SUMMARY
This Modern Residential Property is a Strong Value Opportunity, listed at $650,000—positioned above the $613,580 Fair Market Value. Built in 2020, the home maintains an Excellent Condition Rating, featuring contemporary finishes and covered porches ideal for entertaining. While the Stock Cooperative structure requires specific financing considerations, the property offers a turnkey lifestyle near the Rock Harbor Marina and major transit corridors. This home is an ideal acquisition for Owner-Occupants seeking a low-maintenance lifestyle or first-time buyers prioritizing modern construction and location.
Estimated Market Value
$613,580
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 |
|---|---|---|---|---|---|---|
★ 521B Basswood Ave Subject | $650,000* List Price | 4 | 3 | 1,957 | $314 | - |
A 615 Annex Ave Sold | $539,900 | 4 | 3 | 1,774 | $304 | 0.4 mi |
B 615 Annex Ave Sold | $539,900 | 4 | 3 | 1,774 | $304 | 0.4 mi |
C 6340A Alamo Pl Sold | $747,500 | 3 | 3 | 2,345 | $319 | 0.8 mi |
D 610B Annex Ave Sold | $660,000 | 3 | 3 | 1,989 | $332 | 0.4 mi |
E 634B Annex Ave Sold | $560,000 | 3 | 3 | 2,352 | $238 | 0.5 mi |
F 308 Sunliner Dr Active | $619,000 List Price | 3 | 3 | 1,867 | $332 | 0.5 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.
Built in 2020, this property is less than 10 years old and remains in mint condition. The interior features modern hardwood flooring, contemporary finishes, and updated systems, requiring no maintenance or immediate repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction & Condition
Built in 2020 and meticulously maintained, this home offers contemporary finishes and energy efficiency, minimizing the need for immediate capital improvements.
- Prime Location & Accessibility
Situated near Rock Harbor Marina and the trendy Nations area, the property provides excellent connectivity to I-40 and Briley Pkwy for a convenient Nashville commute.
- Versatile Living Spaces
The four-bedroom layout features flexible options for a home office or playroom, complemented by covered porches and a private backyard designed for indoor-outdoor entertaining.
CONSRISKS & DEFICIENCIES
- Unconventional Ownership Structure
The property is classified as a Stock Cooperative, which is rare for the Nashville market and may present challenges with traditional mortgage financing and buyer perception.
- Premium Price per Square Foot
At 1,957 square feet for $650,000, the property commands a high price point relative to its size, which may be a deterrent for buyers seeking more interior volume.
About 521B Basswood Ave
Just around the corner from Rock Harbor Marina - see media for updated plans for the area! Home features covered porches overlooking the private backyard - open GR/Kitchen - great for entertaining both inside and out - downtairs is one bedroom plus three more, including primary suite, upstairs - multiple options for home office or playroom depending on your needs! Location is convenient to all parts Nashville with easy access to I-40 and Briley Pkwy, This one has been well maintained and is ready for new owners!
Property Details
Public Facts
- Property Type
- Stock Cooperative
- Year Built
- 2020
- Lot Size
- 11,761 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 3.0 | 3.5 |
| Square foot | 1,957 | 2,315.405 |
| Lot Size | 11,761 | 1,307 |
| Price | $650.0K | $716.1K |
| Price per sq ft | $332 | $313 |
| Built year | 2020 | 2020 |
| HOA | $0 | $197 |
| Days on market | 6 | 87 |
Pricing History
Listed for Sale
Sep 3, 2026
$650,000
Initial Listing