1429 Shelby Ave, Nashville, TN 37206
1429 Shelby Ave, Nashville, TN 37206, Active at $825,000 ($322/sq ft). 3 bd · 3.5 ba (3 full, 1 half) · 2,565 sqft · $322/sqft · 0.02 ac.
1429 Shelby Ave, Nashville, TN 37206, Active at $825,000 ($322/sq ft). 3 bd · 3.5 ba (3 full, 1 half) · 2,565 sqft · $322/sqft · 0.02 ac.
Active · $825,000
MLS #3191356 · listed June 28, 2026 · 27 days on market · updated June 28, 2026
3-bed, 3.5-bath condo at 1429 Shelby Ave in Lockeland Terrace, Nashville, 2,565 sqft, $825,000 ($322/sqft), by Compass.
1429 Shelby Ave is a 3-bedroom, 3.5-bath condo in Nashville, TN 37206, offered at $825,000, about $322/sq ft across 2,565 sq ft.
At $322/sq ft, this condo is about 12% below the Nashville 37206 median list price per square foot of $367.
Market read: the Nashville 37206 condos market is buyer-favored, at about 10.7 months of inventory.
All-in, about $5,314/mo at 20% down (6.68% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $1,064/mo, roughly 20% of the all-in monthly payment.
At the current 6.68% 30-year rate, principal and interest on this condo runs about $4,250/mo; at the 6.277% rate of about three months ago it would be roughly $4,075/mo, so monthly P&I is about $175 higher now.
Next step: ask Grant Hammond anything about 1429 Shelby Ave (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of June 28, 2026. RealTracs via IDX.
This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.
More context: Nashville condos and building guides.
Complete reported fields for 1429 Shelby Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Last recorded sale | $520,000 | — | |
| Listed | $825,000 | — |
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 1429 Shelby Ave at $825,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $825,000 |
|---|---|
| HOA dues | $155 / mo |
| HOA fee includes | Confirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost. |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 1429 Shelby Ave is about $5,314/mo, 20% down on a 30-year fixed at 6.68% (a conforming loan), including principal & interest $4,250, estimated property tax $484, homeowners insurance $425, and HOA dues $155. Estimate only; not a loan offer.
| Principal & interest | $4,250/mo |
|---|---|
| Property tax (est.) | $484/mo |
| Homeowners insurance (est.) | $425/mo |
| HOA dues | $155/mo |
| Estimated total | $5,314/mo |
Assumes 20% down, 30-year fixed at 6.68% (Freddie Mac PMMS, as of 2026-07-23). Property tax uses the Davidson County Urban Services District rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 5.68% | $3,822/mo | $4,886/mo | -$428/mo |
| 6.18% | $4,034/mo | $5,098/mo | -$216/mo |
| 6.68% | $4,250/mo | $5,314/mo | current |
| 7.18% | $4,471/mo | $5,535/mo | +$221/mo |
| 7.68% | $4,696/mo | $5,760/mo | +$446/mo |
Principal & interest on a 30-year fixed at 20% down ($660,000 loan), with property tax, insurance, and HOA held constant at $1,064/mo. Current 30-year fixed 6.68% (Freddie Mac PMMS, as of 2026-07-23). Estimate only; not a loan offer.
Owning 1429 Shelby Ave runs about $5,314/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
| HOA dues | $155 / mo (about 3% of the estimated total payment) |
|---|---|
| HOA per year | $1,860 |
| HOA over 5 years | $9,300 (at current dues) |
| Effective carrying cost | $2.072 / sq ft / mo (estimated total over 2,565 sq ft) |
HOA dues are part of true monthly cost and typically cover items such as building insurance, exterior maintenance, and amenities; coverage varies by building. Dues can change and buildings may levy special assessments, so review the current budget, reserve study, and any planned assessments before offering. Figures use current dues; estimate only, not a loan offer.
The Davidson County appraised value of $740,500 trails the $825,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $5,209 now to roughly $5,804 (appraised value times the 25% Tennessee residential ratio times the Davidson County Urban Services District rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Davidson County Assessor of Property and Trustee. Estimate only.
| Metric | This condo | Nashville 37206 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $322 | $367 median | - |
| Price position | 24th pctile | -12% vs median | - |
This listing beside the active Nashville 37206 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
At $322/sq ft, this condo ranks in the 24th percentile of the 267 active condos in Nashville 37206 by price per square foot.
Computed by Grant Hammond from 267 Nashville 37206 comparables (RealTracs via IDX), as of 2026-07-24, refreshed weekly.
| Active listings | 194 in Nashville 37206 condos |
|---|---|
| Recent absorption | about 18.1 sales / mo |
| Months of inventory | 10.7 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Nashville 37206 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37206 condos closings. Source RealTracs via IDX, as of 2026-07-22.
1429 Shelby Ave sits in Lockeland Terrace, Nashville, Davidson County.
In Nashville 37206, homes there are priced around $367 per square foot; inventory in Nashville 37206 condos is running at about 10.7 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-24.
1429 Shelby Ave is zoned for Warner Elementary Enhanced Option, Stratford STEM Magnet School Lower Campus, Stratford STEM Magnet School Upper Campus. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.
Get the full details, recent comparable sales, and any off-market options for 1429 Shelby Ave - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
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Listed with Compass. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
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As of the latest update (June 28, 2026), 1429 Shelby Ave, Nashville is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
1429 Shelby Ave, Nashville is listed at $825,000, about $322 per square foot across 2,565 square feet.
3 bedrooms and 3.5 bathrooms (3 full, 1 half).
About $322 per square foot ($825,000 across 2,565 sqft).
1429 Shelby Ave, Nashville was built in 2017.
Yes, 2 garage spaces, per the listing.
HOA dues are $155 per month, as listed.
1429 Shelby Ave, Nashville is in the Lockeland Terrace subdivision of Nashville.
About $5,314 a month with 20% down on a 30-year fixed at 6.68%, principal and interest $4,250, estimated property tax $484, insurance $425, and HOA $155. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
1429 Shelby Ave, Nashville is zoned for Warner Elementary Enhanced Option, Stratford STEM Magnet School Lower Campus, Stratford STEM Magnet School Upper Campus. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
HOA dues are $155 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
At $322 per square foot, 1429 Shelby Ave, Nashville is in the 24th percentile of active listings in the Nashville 37206, about 12% below the $367 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $322 per square foot, 1429 Shelby Ave, Nashville ranks in the 24th percentile of active Nashville 37206 listings by price per square foot, roughly 12% below the Nashville 37206 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37206 condos market is currently buyer-favored (ample supply), at about 10.7 months of inventory, per RealTracs as of 2026-07-22.
Thinking of selling in Lockeland Terrace?
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