905 Joyce Ln, Nashville, TN 37216, Nashville, 37216 - 3 bed, 2 bath
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905 Joyce Ln
Nashville, TN 37216
CLOSED
CONDITION: FAIR
3Beds
2Baths
1,544Sq Ft
21,780Lot Size
Property Price
LIST PRICE$400,000
EST. MARKET VALUE
$417,879
4% BelowMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $400,000—positioned well below the $417,879 Fair Market Value by 4%. This valuation gap offers $17,879 in Instant Equity for buyers. Featuring a Fair Condition Rating (4), the home offers a large 0.5-acre lot and a functional 3-bedroom layout with a sunroom. While the property requires cosmetic modernization, its prime location near Downtown Nashville makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build value through renovation.
Estimated Market Value
$417,879+$17,879 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 |
|---|---|---|---|---|---|---|
★ 905 Joyce Ln Subject | $360,000 | 3 | 2 | 1,544 | $271 | - |
A 4428 Saunders Ave Sold | $457,500 | 3 | 2 | 1,548 | $296 | 0.1 mi |
B 4507 Broomfield Dr Sold | $349,900 List Price | 3 | 2 | 1,511 | 0.6 mi | |
C 4428 Saunders Ave Active | $479,000 List Price | 3 | 2 | 1,550 | $309 | 0.1 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 1956, this property is well-maintained but significantly dated. The interior features older carpeting, 1990s-style window treatments, and painted wood paneling. A glimpse of the kitchen reveals older oak cabinetry and white appliances, suggesting the last major update was over 20 years ago. While functional and move-in ready, it requires cosmetic modernization and likely system updates due to its age.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Prime Location
Situated in the desirable 37216 zip code, this property offers convenient one-level living with quick access to the dining, shopping, and entertainment of Downtown Nashville.
- Expansive Outdoor Space
The generous half-acre lot includes a fully fenced backyard, providing a rare amount of private space for gardening, pets, and outdoor entertaining in an urban setting.
CONSRISKS & DEFICIENCIES
- School Performance Ratings
The assigned middle and high schools have lower performance ratings (3 and 2 respectively), which may be a concern for families prioritizing district rankings.
- Potential for Modernization
Built in 1956, the property may require capital improvements or cosmetic updates to meet the expectations of buyers looking for contemporary finishes and systems.
About 905 Joyce Ln
Easy one-level living in a great pocket of 37216! This 3-bedroom, 2-bath home is just minutes from all the action Downtown Nashville has to offer. The bright sunroom makes a great spot to relax any time of year. Outside you’ll find a large, fully fenced backyard, great for pets, gardening, or entertaining guests. Ready for a new owner and set in a prime spot, come see why 905 Joyce Ln could be the one! Buyer and buyer’s agent to verify all pertinent information.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 21,780 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
Cotton Elementary School
Grades PK-4 • 3.1 mi
5/10
Gra-Mar Middle School
Grades 5-8 • 0.8 mi
3/10
Maplewood Comp High School
Grades 9-12 • 1.0 mi
2/10
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 | 1,544 | 2,093.129 |
| Lot Size | 21,780 | 10,890 |
| Price | $360.0K | $568.3K |
| Price per sq ft | $233 | $307 |
| Built year | 1956 | 1971 |
| HOA | $0 | $137 |
| Days on market | 28 | 69 |
Pricing History
Listed for Sale
Aug 12, 2026
$400,000
Initial Listing