This Move-In Ready Cottage is a Strong Value Opportunity, listed at $350,000—positioned well below the $353,580 Fair Market Value by 1%. This valuation gap offers $3,580 in Instant Equity. Featuring a Condition Rating of 4, the home includes fresh paint and new flooring, while the 8,276 sqft lot provides significant expansion potential. Located near the Richland Greenway, this property is ideal for first-time buyers or Owner-Occupants seeking a convenient, low-maintenance lifestyle in a prime Nashville neighborhood.
Charming 3-bedroom cottage in Nashville's Richland Meadows. Move-in ready with new floors and paint. Large lot, near Greenway, and priced for instant equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5520 Bon Air Cir Subject 3 bd · 1 ba · 888 sqft · $398 | $350,000* List Price | 3 | 1 | 888 | $398 | - |
A 5615 Meadowcrest Ln Active 3 bd · 1 ba · 912 sqft · $466 · 0.1 mi | $425,000 List Price | 3 | 1 | 912 | $466 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, the home is over 70 years old. While it features recent cosmetic updates like fresh paint, LVP, and new carpet to make it move-in ready, the kitchen is described only as functional and there is no mention of modern renovations to the single bathroom or major systems (HVAC/Electric), suggesting the core components are dated and will eventually require updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 888.
Situated in the highly sought-after Richland Meadows, the property offers exceptional walkability to the Richland Greenway and is minutes from major retailers like Trader Joe’s and Target.
The home features fresh interior paint, new LVP flooring, and new carpeting, allowing buyers to move in immediately without the need for initial cosmetic renovations.
At just 888 square feet with only one bathroom, the home’s small footprint may be a significant constraint for growing families or those requiring a home office.
Built in 1955, the property may require future capital expenditures for aging systems typical of mid-century cottages, such as plumbing or electrical updates.
** LOCATION ** Don’t miss this charming 3-bedroom cottage in the highly sought-after Richland Meadows neighborhood! Fresh paint throughout, lvp and new carpet make this home move-in ready, while the functional kitchen offers ample cabinet and counter space. The large, private backyard provides room to entertain, garden, play, or take the property to the next level. Tucked away on a quiet street, the home is just steps from the Richland Greenway and minutes from Trader Joe’s, Target, Charlotte Avenue, shopping, dining, and everything Nashville has to offer. A great opportunity in an incredibly convenient location!
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades PK-4 • 1.7 mi
Grades PK-4 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 888 | 2,045.139 |
| Lot Size | 8,276 | 10,890 |
| Price | $350.0K | $556.0K |
| Price per sq ft | $394 | $305 |
| Built year | 1955 | 1971 |
| HOA | $0 | $133 |
| Days on market | 53 | 70 |
Sep 1, 2026
$350,000
Initial Listing
May 27, 1994
$22,000
Public Record
May 27, 1994
$5,800
Public Record