905 Joyce Ln, Nashville, TN 37216, Nashville, 37216 - 3 bed, 2 bath
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Nashville, TN 37216
This Value-Add Residential Asset is a High-Potential Investment Opportunity with a List Price of $499,900—positioned well below the $524,043 Fair Market Value by 4%. This valuation gap offers $24,143 in Instant Equity for buyers. The property maintains a Condition Score of 4, featuring a climate-controlled sunroom and an expansive 0.5-acre fenced lot. Located minutes from Downtown Nashville, it offers functional living with clear potential for forced appreciation via cosmetic updates. It is ideal for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 905 Joyce Ln Subject | $499,900* List Price | 3 | 2 | 1,544 | $339 | - |
A 623 Marswen Dr Sold | $560,000 | 3 | 2 | 1,475 | $380 | 0.6 mi |
B 4202 Glynda Dr Sold | $475,000 | 3 | 1 | 1,528 | $311 | 0.7 mi |
C 4106 Edwards Ave Sold | $595,900 | 3 | 1 | 1,599 | $373 | 0.8 mi |
D 1002 Gwynn Dr Sold | $529,900 List Price | 3 | 2 | 1,487 | 0.5 mi | |
E 1002 Gwynn Dr Sold | $599,000 List Price | 3 | 2 | 1,489 | 0.5 mi | |
F 1139 Winding Way Sold | $615,000 | 3 | 2 | 1,756 | $350 | 0.8 mi |
G 4428 Saunders Ave Active | $479,900 List Price | 3 | 2 | 1,550 | $310 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1956 ranch that is move-in ready but features significantly outdated interior aesthetics. The kitchen contains older oak cabinetry, blue laminate countertops, and white appliances, while the sunroom and living areas feature dated wood paneling and older carpet. While the home is functional and clean with a newer HVAC-equipped sunroom, it has not undergone a modern renovation, making it typical of a well-kept home that requires cosmetic updates to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21780, living area = 1544.
The property features a generous half-acre lot with a full fence, providing rare privacy and ample room for gardening, pets, or outdoor entertaining in a convenient Nashville location.
A standout feature is the sun-drenched sunroom equipped with dedicated heating and cooling, offering versatile, year-round living space that enhances the home's functional square footage.
The assigned middle and high schools have lower performance ratings (3 and 2 respectively), which may be a drawback for families prioritizing highly-rated public education.
Built in 1956, the property may require more frequent maintenance or future updates to its aging systems compared to newer residential developments in the area.
Charming one-level living in the heart of 37206! This 3-bedroom, 2-bathroom home offers the perfect blend of comfort and convenience, located just minutes from the vibrant energy of Downtown Nashville. Enjoy the versatile, sun-drenched sunroom complete with dedicated heating and cooling for year-round relaxation. The property features a spacious, fully fenced-in backyard, ideal for pets, gardening, or entertaining. Move-in ready and situated in a prime location—don't miss your chance to call this Nashville gem home! Buyer and buyer's agent to verify all pertinent information.
No exterior & parking available.
Grades PK-4 • 3.1 mi
Grades 5-8 • 0.8 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,544 | 1,741.5 | 37% |
| Lot Size | 21,780 | 12,850 | 79% |
| Price | $499.9K | $542.5K | 45% |
| Price per sq ft | $324 | $330 | 47% |
| Built year | 1956 | 1950 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 581 | 0% |
Mar 3, 2026
$499,900
Initial Listing