318a Melvin Jones Dr, Nashville, TN 37217
318a Melvin Jones Dr, Nashville, TN 37217, Active at $318,000 ($265/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 1,200 sqft · $265/sqft · 0.25 ac.
318a Melvin Jones Dr, Nashville, TN 37217, Active at $318,000 ($265/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 1,200 sqft · $265/sqft · 0.25 ac.
Active · $318,000
MLS #3244899 · listed June 5, 2026 · 144 days on market · updated June 26, 2026
3-bed, 2.5-bath condo at 318a Melvin Jones Dr in Town Park Estates, Nashville, 1,200 sqft, $318,000 ($265/sqft), by LPT Realty LLC.
318a Melvin Jones Dr is a 3-bedroom, 2.5-bath condo in Nashville, TN 37217, offered at $318,000, about $265/sq ft across 1,200 sq ft.
At $265/sq ft, this condo is about 26% above the Nashville 37217 median list price per square foot of $210.
Recently sold in Nashville 37217: 63 comparable condos from $215,000 to $402,500, a median of $188/sq ft.
Market read: the Nashville 37217 condos market is seller-favored as of October 25, 2026, at about 2.4 months of inventory; recent sales have closed near 98.8% of list in the 12 months to October 26, 2026.
All-in, about $2,190/mo at 20% down (7.33% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance) run about $441/mo, roughly 20% of the all-in monthly payment.
At the current 7.33% 30-year rate, principal and interest on this condo runs about $1,749/mo; at the 6.81% rate of about three months ago it would be roughly $1,660/mo, so monthly P&I is about $89 higher now.
Next step: ask Grant Hammond anything about 318a Melvin Jones Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of June 26, 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.
This is a nice home in a very quiet area, a convenience and peace of mind, perfect for first time homebuyer, close to the airport and easy access to downtown Nashville 15 minutes or less. BRAND NEW HVAC 1yr old still under warranty for parts and labor and compressor under a 5 year warranty, Honeywell T6, WELL MAINTAINED ROOF, NEWER WATER HEATER(2024). Well maintained and is nestled on a serene dead end street. Make your appointment today.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 318a Melvin Jones Dr (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $318,000 | +$33,000 (+11.6%) | |
| Listed | $285,000 | ||
| Deed recorded | $205,000 | ||
| Quitclaim deed | $0 | ||
| Deed recorded | $140,000 |
Listed June 5, 2026, this listing has been on the market 144 days as of October 27, 2026. The price has been raised once, from $285,000 to $318,000 (+11.6%). The most recent change was first seen on our daily record July 4, 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 318a Melvin Jones Dr by year: $209,000 in 2021 to $275,100 in 2025, a change of +32%. 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 | $68,000 | $207,100 | $0 | $275,100 | ROLL |
| 2022 | $34,400 | $174,600 | $0 | $209,000 | ROLL |
| 2021 | $34,400 | $174,600 | $0 | $209,000 | 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 318a Melvin Jones Dr at $318,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $318,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 318a Melvin Jones Dr is about $2,190/mo, 20% down on a 30-year fixed at 7.33% (a conforming loan), including principal & interest $1,749, estimated property tax $184, homeowners insurance $257. Estimate only; not a loan offer.
| Principal & interest | $1,749/mo |
|---|---|
| Property tax (est.) | $184/mo |
| Homeowners insurance (est.) | $257/mo |
| Estimated total | $2,190/mo |
Assumes 20% down, 30-year fixed at 7.33% (Mortgage News Daily, as of October 23, 2026). Property tax uses the Davidson County General 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 |
|---|---|---|---|
| 6.33% | $1,580/mo | $2,021/mo | -$169/mo |
| 6.83% | $1,664/mo | $2,105/mo | -$85/mo |
| 7.33% | $1,749/mo | $2,190/mo | current |
| 7.83% | $1,837/mo | $2,278/mo | +$88/mo |
| 8.33% | $1,926/mo | $2,367/mo | +$177/mo |
Principal & interest on a 30-year fixed at 20% down ($254,400 loan), with property tax, insurance held constant at $441/mo. Current 30-year fixed 7.33% (Mortgage News Daily, as of October 23, 2026). Estimate only; not a loan offer.
Owning 318a Melvin Jones Dr runs about $2,190/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 $275,100 trails the $318,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $1,913 now to roughly $2,212 (appraised value times the 25% Tennessee residential ratio times the Davidson County General 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 37217 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $265 | $209 median | - |
| Price position | 76th pctile | +27% vs median | - |
| Nashville 37217 vs greater Nashville | - | -37% | - |
This listing beside the active Nashville 37217 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 27, 2026.
This listing beside the active Nashville 37217 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 26, 2026.
Among the 113 active condos in Nashville 37217, this condo at $265/sq ft falls in the 76th percentile on price per square foot.
Nashville 37217 trades about 37% below greater Nashville on a price-per-square-foot basis.
Taken together, this condo reads toward the higher end per square foot for Nashville 37217.
Computed by Grant Hammond from 113 Nashville 37217 comparables (Realtracs via IDX), as of October 27, 2026, refreshed weekly.
| Active listings | 40 in Nashville 37217 condos |
|---|---|
| Recent absorption | about 16.7 sales / mo |
| Months of inventory | 2.4 months, a seller-favored market (tight supply) |
Over the past 12 months, homes in Nashville 37217 condos sold at about 98.8% of list price.
Recorded sales in Nashville 37217 condos: 117 in the past 12 months.
Supply-side and recent-sale context for Nashville 37217 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37217 condos closings. Source Realtracs via IDX, as of October 25, 2026.
318a Melvin Jones Dr sits in Town Park Estates, Nashville, Davidson County.
In Nashville 37217, homes there are priced around $210 per square foot; inventory in Nashville 37217 condos is running at about 2.4 months, a seller-favored market; recent sales closed near 98.8% of list price; 63 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 26, 2026.
Approximately 7.9 miles from downtown Nashville (straight-line distance).
318a Melvin Jones Dr is zoned for Una Elementary, Margaret Allen Middle School, Antioch 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 318a Melvin Jones Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 318a Melvin Jones Dr, by price and size.
Listed by Lenore Gilbert, LPT Realty 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.
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As of the latest update (June 26, 2026), 318a Melvin Jones Dr, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
318a Melvin Jones Dr was listed on June 5, 2026 and has been on the market 144 days as of October 27, 2026, per Realtracs.
Yes. It was first listed at $285,000. The price has been raised once, most recently to $318,000 by July 4, 2026, a total change of +11.6%.
318a Melvin Jones Dr, Nashville is listed at $318,000, about $265 per square foot across 1,200 square feet.
3 bedrooms and 2.5 bathrooms (2 full, 1 half).
About $265 per square foot ($318,000 across 1,200 sqft).
318a Melvin Jones Dr, Nashville was built in 2009.
No garage is reported in the listing.
No HOA dues are reported for this home.
318a Melvin Jones Dr, Nashville is in the Town Park Estates subdivision of Nashville.
About $2,190 a month with 20% down on a 30-year fixed at 7.33%, principal and interest $1,749, estimated property tax $184, insurance $257. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
318a Melvin Jones Dr, Nashville is zoned for Una Elementary, Margaret Allen Middle School, Antioch High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No HOA dues are reported; confirm the building's fee structure.
At $265 per square foot, 318a Melvin Jones Dr, Nashville is in the 76th percentile of active listings in the Nashville 37217, about 26% above the $210 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 and 350+ Nashville high-rise condo sales. Use the tour or question form on this page.
At about $265 per square foot, 318a Melvin Jones Dr, Nashville ranks in the 76th percentile of active Nashville 37217 listings by price per square foot, roughly 26% above the Nashville 37217 median; recent comparable sales in Nashville 37217 closed near $188 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37217 condos market is currently seller-favored (tight supply), at about 2.4 months of inventory; recent sales have closed near 98.8% of list price over the past year, per Realtracs as of October 25, 2026.
Thinking of selling in Town Park Estates?
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