7230 Althorp Way W-5, Nashville, TN 37211, Nashville, 37211 - 2 bed, 2 bath
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7230 Althorp Way W-5
Nashville, TN 37211
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,174Sq Ft
0Lot Size
Property Price
LIST PRICE$259,900
EST. MARKET VALUE
$272,791
4% BelowMARKET VALUE
SUMMARY
This Fully Renovated Condominium represents a Strong Value Opportunity, listed at $269,900—positioned well below the $280,260 Fair Market Value by 3%. This valuation gap offers $10,360 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with modern tile baths and new finishes, the property is move-in ready. While the high school rating is lower, the proximity to a top-rated elementary school adds long-term appeal. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey, low-maintenance residence.
Estimated Market Value
$272,791+$12,891 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 |
|---|---|---|---|---|---|---|
★ 7230 Althorp Way W-5 Subject | $259,900* List Price | 2 | 2 | 1,174 | $232 | - |
A 7234 Althorp Way 7 Active | $279,000 List Price | 2 | 2 | 1,162 | $240 | 0.0 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.
The property is in mint condition following a full renovation. It features a modern kitchen with stainless steel appliances and subway tile backsplash, updated tile bathrooms, new carpet, and fresh paint throughout. Despite the 2005 build date, the recent high-end updates and board-and-batten detailing make it move-in ready with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
The condo is fully renovated with new carpet, fresh paint, and updated tile baths, providing a move-in-ready experience that minimizes immediate maintenance costs.
- Investment Potential
Priced competitively at $269,900 in the popular Lenox Village area, this property offers a strong entry point for first-time buyers or investors seeking rental income.
- Desirable Elementary Schooling
The property is zoned for May Werthan Shayne Elementary, which holds a high rating of 7/10 and is conveniently located less than a mile from the residence.
CONSRISKS & DEFICIENCIES
- Underperforming High School
The assigned high school, John Overton Comp High, has a low rating of 3/10, which may be a significant drawback for families with older children.
- Recurring HOA Expenses
A monthly association fee of $258 increases the total carrying cost of the property, which could impact the debt-to-income ratio for some buyers.
About 7230 Althorp Way W-5
Super nice fully renovated condo on second floor. Tile baths, new carpet, new paint. Great investment!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $258 / Month
Neighborhood Insights
Nashville Unified Schools
May Werthan Shayne Elementary School
Grades PK-4 • 0.8 mi
7/10
William Henry Oliver Middle School
Grades 5-8 • 0.5 mi
5/10
John Overton Comp High School
Grades 9-12 • 4.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,174 | 1,009.207 |
| Lot Size | - | 871 |
| Price | $259.9K | $339.9K |
| Price per sq ft | $221 | $344 |
| Built year | 2005 | 2007 |
| HOA | $258 | $329 |
| Days on market | 57 | 91 |
Pricing History
Listed for Sale
Jul 29, 2026
$259,900
$269,900
-4% Price Drop
Initial Listing
Price Change
Jul 14, 2026
$269,900
Initial Listing