720 Ortega Rd, Nashville, TN 37214, Nashville, 37214 - 3 bed, 2 bath
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720 Ortega Rd
Nashville, TN 37214
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,447Sq Ft
6,970Lot Size
Property Price
LIST PRICE$299,500
EST. MARKET VALUE
$317,702
5% BelowMARKET VALUE
SUMMARY
This Single Family Residence is a Strong Value Opportunity, listed at $299,500—positioned well below the $317,702 Fair Market Value by 5%. This valuation gap offers $18,202 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home includes a new 2026 HVAC and fresh paint, though it remains a prime candidate for cosmetic personalization. With a private deck and primary-on-main layout, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a stable, value-add asset.
Estimated Market Value
$317,702+$18,202 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 720 Ortega Rd Subject 3 bd · 2 ba · 1,447 sqft · $220 | $299,500* List Price | 3 | 2 | 1,447 | $220 | - |
A 812 Ragsdale Ct Sold 3 bd · 3 ba · 1,458 sqft · $253 · 0.3 mi | $369,000 | 3 | 3 | 1,458 | $253 | 0.3 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 1985, this 41-year-old home features a brand-new HVAC system (2026) and cosmetic updates like fresh paint and new fixtures. However, the kitchen and bathrooms remain fundamentally dated, featuring painted original cabinetry, older laminate countertops, vinyl flooring, and an original almond-colored tile shower surround. The property is functional and move-in ready but needs aesthetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
The home features a brand-new HVAC system (2026), fresh interior paint, and upgraded fixtures, offering buyers peace of mind and reduced immediate maintenance costs.
- Versatile Living Spaces
With the primary suite on the main level, a dedicated bonus/exercise room, and a garage workshop, the layout maximizes its 1,447 square feet for modern functionality.
- Buyer Financial Incentives
The listing offers significant financial advantages, including preferred lender incentives, closing cost assistance, and rate buy-down options, enhancing affordability.
CONSRISKS & DEFICIENCIES
- Zero Lot Line Configuration
The zero lot line nature of the property and the modest lot size may limit outdoor privacy and future expansion possibilities compared to traditional detached homes.
- Local School Ratings
The property is zoned for schools with lower performance ratings, particularly at the middle and high school levels, which could impact long-term resale value for families.
About 720 Ortega Rd
Excellent Location and Opportunity! $$ Preferred Lender Incentives for Qualified Buyers see details in media section $$ Tucked away on quiet cul de sac this zero lot line home has been recently updated with New HVAC 2026, Freshly Painted, Updated and Upgraded Fixtures, Primary on the Main Level! 2 Bedrooms up and Hall Bath w added exercise/bonus rm, A back Deck overlooks Private Wooded Backyard Oversized 1 Car Garage plus workshop/storage and attic pull down storage. Closing Cost and rate buy downs are available to qualified Buyers using our preferred Lender call for details!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Hickman Elementary School
Grades PK-4 • 1.7 mi
3/10
Ruby Major Elementary School
Grades K-4 • 3.0 mi
6/10
Donelson Middle School
Grades 5-8 • 1.7 mi
4/10
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 | 1,447 | 2,045.139 |
| Lot Size | 6,970 | 10,890 |
| Price | $299.5K | $556.0K |
| Price per sq ft | $207 | $305 |
| Built year | 1985 | 1971 |
| HOA | $0 | $133 |
| Days on market | 46 | 70 |
Pricing History
Listed for Sale
Sep 8, 2026
$299,500
Initial Listing