509 Wesley Ave, Nashville, TN 37207
509 Wesley Ave, Nashville, TN 37207, Active at $309,900 ($404/sq ft). 2 bd · 1 ba · 768 sqft · $404/sqft · 0.22 ac.
509 Wesley Ave, Nashville, TN 37207, Active at $309,900 ($404/sq ft). 2 bd · 1 ba · 768 sqft · $404/sqft · 0.22 ac.
Active · $309,900
MLS #3220489 · listed May 21, 2026 · 145 days on market · updated September 15, 2026
2-bed, 1-bath home at 509 Wesley Ave in Joywood Heights, Nashville, 768 sqft, $309,900 ($404/sqft), by Synergy Realty Network, LLC.
509 Wesley Ave is a 2-bedroom, 1-bath home in Nashville, TN 37207, offered at $309,900, about $404/sq ft across 768 sq ft.
At $404/sq ft, this home is about 16% above the Joywood Heights median list price per square foot of $347.
Recently sold in Joywood Heights: 7 comparable homes from $220,000 to $410,000, a median of $294/sq ft; this listing at $404/sq ft is about 37% above recent sold prices.
Market read: the Joywood Heights market is balanced, at about 6 months of inventory; recent sales have closed near 99.6% of list over the past year.
All-in, about $2,166/mo at 20% down (7.48% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $436/mo, roughly 20% of the all-in monthly payment.
At the current 7.48% 30-year rate, principal and interest on this home runs about $1,730/mo; at the 6.64% rate of about three months ago it would be roughly $1,590/mo, so monthly P&I is about $140 higher now.
School zone: assigned to Tom Joy Elementary, Jere Baxter Middle, Maplewood Comp High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 509 Wesley Ave (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of September 15, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
Charming 2-bedroom home in one of Nashville's fastest-growing areas, just minutes from the exciting redevelopment happening along Trinity Lane and Dickerson Pike! This well-maintained property offers the perfect blend of character, updates, and convenience with a spacious fenced-in backyard ideal for pets, entertaining, or relaxing outdoors. Recent improvements include a new HVAC system installed in 2019 along with new flooring and water heater completed in 2025, giving buyers peace of mind on major items. The home's functional layout and inviting feel make it a great fit for first-time buyers, investors, or anyone looking to be close to the energy of East Nashville without the premium price tag. Surrounded by new construction, restaurants, breweries, coffee shops, and ongoing neighborhood investment, this location continues to see strong appreciation and demand. Convenient access to downtown Nashville, Ellington Parkway, and major interstates makes commuting a breeze. Whether you're looking for a primary residence or long-term investment opportunity, this home offers incredible value in a rapidly transforming corridor. This home should qualifiy for the Affordable Home Loan - zero down & no mortgage insurance! See flyer attached!
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 509 Wesley Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $309,900 | -$10,000 (-3.1%) | |
| Price change | $319,900 | -$5,000 (-1.5%) | |
| Price change | $324,900 | -$15,000 (-4.4%) | |
| Listed | $339,900 | ||
| Deed recorded | $47,000 | ||
| Quitclaim deed | $0 | ||
| Deed recorded | $34,000 | ||
| Deed recorded | $18,500 |
Listed May 21, 2026, this listing has been on the market 145 days as of October 13, 2026. The price has been reduced 3 times, from $339,900 to $309,900 (-8.8%), most recently on September 24, 2026.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
The Davidson County Assessor's appraised value of 509 Wesley Ave by year: $39,000 in 1999 to $255,000 in 2025, a change of +554%. Appraised value is the county's figure for taxation, not a market value or a sale price.
| Year | Land | Building | Yard items | Total | Category |
|---|---|---|---|---|---|
| 2025 | $170,000 | $85,000 | $0 | $255,000 | ROLL |
| 2021 | $83,100 | $57,600 | $0 | $140,700 | ROLL |
| 2017 | $47,500 | $48,000 | $0 | $95,500 | ROLL |
| 2013 | $15,000 | $31,600 | $0 | $46,600 | ROLL |
| 2009 | $16,500 | $42,200 | $0 | $58,700 | ROLL |
| 2005 | $12,000 | $36,500 | $0 | $48,500 | ROLL |
| 2001 | $12,000 | $32,300 | $0 | $44,300 | ROLL |
| 2000 | $10,500 | $28,500 | $0 | $39,000 | ROLL |
| 1999 | $10,500 | $28,500 | $0 | $39,000 | ROLL |
Source: Davidson County Assessor of Property, historical appraisal record, as recorded; totals are the county's own figures. Davidson County reappraises every four years (most recently 2025); other years reflect changes recorded between reappraisals.
Estimated monthly ownership for 509 Wesley Ave at $309,900: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $309,900 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 509 Wesley Ave is about $2,166/mo, 20% down on a 30-year fixed at 7.48% (a conforming loan), including principal & interest $1,730, estimated property tax $182, homeowners insurance $254. Estimate only; not a loan offer.
| Principal & interest | $1,730/mo |
|---|---|
| Property tax (est.) | $182/mo |
| Homeowners insurance (est.) | $254/mo |
| Estimated total | $2,166/mo |
Assumes 20% down, 30-year fixed at 7.48% (Mortgage News Daily, as of October 9, 2026). 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 |
|---|---|---|---|
| 6.48% | $1,564/mo | $2,000/mo | -$166/mo |
| 6.98% | $1,646/mo | $2,082/mo | -$84/mo |
| 7.48% | $1,730/mo | $2,166/mo | current |
| 7.98% | $1,816/mo | $2,252/mo | +$86/mo |
| 8.48% | $1,903/mo | $2,339/mo | +$173/mo |
Principal & interest on a 30-year fixed at 20% down ($247,920 loan), with property tax, insurance held constant at $436/mo. Current 30-year fixed 7.48% (Mortgage News Daily, as of October 9, 2026). Estimate only; not a loan offer.
Owning 509 Wesley Ave runs about $2,166/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.
The Davidson County appraised value of $255,000 trails the $309,900 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,794 now to roughly $2,180 (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 home | Joywood Heights active | Recently sold |
|---|---|---|---|
| Price / sq ft | $404 | $347 median | - |
| Price position | 81st pctile | +16% vs median | - |
| Joywood Heights vs Nashville 37207 area | - | +22% | - |
This listing beside the active Joywood Heights market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 13, 2026.
At $404/sq ft, this home ranks in the 81st percentile of the 12 active homes in Joywood Heights by price per square foot.
Joywood Heights trades about 22% above Nashville 37207 area on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Joywood Heights.
Computed by Grant Hammond from 12 Joywood Heights comparables (Realtracs via IDX), as of October 13, 2026, refreshed weekly.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Hillsboro | $460/sq ft |
| Stratford | $369/sq ft |
| Pearl-Cohn | $318/sq ft |
| Maplewood | $317/sq ft |
| Glencliff | $282/sq ft |
| James Lawson | $273/sq ft |
| John Overton | $263/sq ft |
| McGavock | $236/sq ft |
| Hunters Lane | $233/sq ft |
| Whites Creek | $233/sq ft |
| Cane Ridge | $220/sq ft |
| Antioch | $212/sq ft |
Computed by Grant Hammond from active Davidson County listings (Realtracs via IDX).
| Active listings | 9 in Joywood Heights |
|---|---|
| Recent absorption | about 1.5 sales / mo |
| Months of inventory | 6 months, a balanced market |
Over the past 12 months, homes in Joywood Heights sold at about 99.6% of list price.
Recorded sales in Joywood Heights: 12 in the past 12 months.
Supply-side and recent-sale context for Joywood Heights. Sale figures are trailing 6/12/24-month medians of recorded Joywood Heights closings. Source Realtracs via IDX, as of October 4, 2026.
509 Wesley Ave sits in Joywood Heights, Nashville, Davidson County.
In Joywood Heights, homes there are priced around $347 per square foot; inventory is running at about 6 months, a balanced market; recent sales closed near 99.6% of list price; 7 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 11, 2026.
Approximately 3.3 miles from downtown Nashville (straight-line distance).
509 Wesley Ave is zoned for Tom Joy Elementary, Jere Baxter Middle, Maplewood Comp High School. 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 509 Wesley Ave - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 509 Wesley Ave, by price and size.
Listed by Tyler C. King, Synergy Realty Network, LLC. 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.
Nashville housing market 2026 outlook shows rising inventory, rate-sensitive buyers, and county-level divergence between Davidson and Williamson Counties.
September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
As of the latest update (September 15, 2026), 509 Wesley Ave, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
509 Wesley Ave was listed on May 21, 2026 and has been on the market 145 days as of October 13, 2026, per Realtracs.
Yes. It was first listed at $339,900. The price has been reduced 3 times, most recently to $309,900 on September 24, 2026, a total change of -8.8%.
509 Wesley Ave, Nashville is listed at $309,900, about $404 per square foot across 768 square feet.
2 bedrooms and 1 bathroom.
About $404 per square foot ($309,900 across 768 sqft).
509 Wesley Ave, Nashville was built in 1950.
No garage is reported in the listing.
No HOA dues are reported for this home.
509 Wesley Ave, Nashville is in the Joywood Heights subdivision of Nashville.
About $2,166 a month with 20% down on a 30-year fixed at 7.48%, principal and interest $1,730, estimated property tax $182, insurance $254. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
509 Wesley Ave, Nashville is zoned for Tom Joy Elementary, Jere Baxter Middle, Maplewood Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 509 Wesley Ave, Nashville is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
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 $404 per square foot, 509 Wesley Ave, Nashville ranks in the 81st percentile of active Joywood Heights listings by price per square foot, roughly 16% above the Joywood Heights median; recent comparable sales in Joywood Heights closed near $294 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Joywood Heights market is currently balanced, at about 6 months of inventory; recent sales have closed near 99.6% of list price over the past year, per Realtracs as of October 4, 2026.
Thinking of selling in Joywood Heights?
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