8502 Novak Ln, Nashville, TN 37211, Nashville, 37211 - 2 bed, 2 bath
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Nashville, TN 37211
This Turnkey Townhouse Sanctuary is a Strong Value Opportunity, listed at $343,000—positioned well below the $372,125 Fair Market Value by 7%. This valuation gap provides $29,125 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the home features a new HVAC system, new roof, and updated counters and appliances. Residents enjoy a walkable lifestyle in Lenox Village near a 7-rated elementary school, complete with a private deck and patio. This move-in-ready asset is ideal for Owner-Occupants or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8502 Novak Ln Subject | $343,000* List Price | 2 | 2 | 1,404 | $265 | - |
A 2901 Stone Ln Sold | $350,000 | 2 | 2 | 1,424 | $246 | 0.6 mi |
B 2901 Stone Ln Sold | $350,000 | 2 | 2 | 1,424 | $246 | 0.6 mi |
C 9002 Rigden Mill Dr Sold | $358,000 | 3 | 3 | 1,280 | $280 | 0.3 mi |
D 4350 Barnes Cove Drive Sold | $342,900 List Price | 2 | 2 | 1,331 | 0.5 mi | |
E 2672 Avery Park Dr Sold | $355,000 | 2 | 3 | 1,224 | $290 | 0.7 mi |
F 2672 Avery Park Dr Sold | $355,000 | 2 | 3 | 1,224 | $290 | 0.7 mi |
G 2411 Alteras Dr Active | $389,000 List Price | 2 | 2 | 1,480 | $263 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2004, the property qualifies for Excellent due to a comprehensive recent renovation (<5 years) including a new HVAC system, new roof, new appliances, and updated counters and sinks. With new flooring, paint, and LED lighting throughout, the home is in mint, turn-key condition with no immediate maintenance needs.
The property is exceptionally well-maintained with extensive recent upgrades, including a new HVAC system, new appliances, fresh paint, and new flooring, offering a move-in-ready experience with zero immediate capital expenditure required.
Situated in a quiet corner of Lenox Village, the home boasts high walkability to local parks, restaurants, and retail, providing a desirable urban-suburban lifestyle with convenient guest parking nearby.
As a single-owner home since its construction in 2004, the property reflects meticulous pride of ownership and includes high-end additions like luxury shutters, Ring cameras, and LED recessed lighting.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
With only two bedrooms, the property may appeal to a narrower demographic of buyers compared to three-bedroom units, potentially limiting resale liquidity among larger families.
While the elementary school is highly rated, the assigned high school has a lower rating of 3/10, which could be a deterrent for families prioritizing long-term educational consistency.
Impeccably cared-for home, owned by the same single owner since it was built. New HVAC, New Carpet, New Paint, New Floors, Updated counters and sinks, New Appliances, and even a New roof and gutters (responsibility of the HOA). Move right in with Zero effort and NO worries! New LED recessed lights, front and back Ring cams, new ceiling fans, luxury shutters and blinds...it's all here! Enjoy this quiet corner of Lenox Village, walkable to parks, restaurants and retail. Guest parking is conveniently just steps from the front door. Pictured dining room would typically be used as a living room, and seller is willing to swap fixtures as needed. Don't miss this Turn Key opportunity!
No exterior & parking available.
Grades PK-4 • 0.6 mi
Grades 5-8 • 0.4 mi
Grades 9-12 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 1,404 | 1,424 | 36% |
| Lot Size | 1,742 | 871 | 68% |
| Price | $343.0K | $305.0K | 62% |
| Price per sq ft | $244 | $202 | 77% |
| Built year | 2004 | 2006 | 40% |
| HOA | $230 | $206 | 62% |
| Days on market | 8 | 421 | 2% |
Apr 17, 2026
$343,000
Initial Listing