1338 Pennock Ave, Nashville, TN 37207
1338 Pennock Ave, Nashville, TN 37207, Active at $699,000 ($254/sq ft). 4 bd · 2 ba · 2,755 sqft · $254/sqft · 0.2 ac.
1338 Pennock Ave, Nashville, TN 37207, Active at $699,000 ($254/sq ft). 4 bd · 2 ba · 2,755 sqft · $254/sqft · 0.2 ac.
Active · $699,000
MLS #3306100 · listed July 8, 2026 · 121 days on market · updated October 8, 2026
4-bed, 2-bath home at 1338 Pennock Ave in Highland Heights, Nashville, 2,755 sqft, $699,000 ($254/sqft), by Compass RE.
1338 Pennock Ave is a 4-bedroom, 2-bath home in Nashville, TN 37207, offered at $699,000, about $254/sq ft across 2,755 sq ft.
Bedroom count: this home is listed in the MLS structured data as 4 bedrooms, while the listing remarks describe a 5-bedroom layout. We report the structured MLS count (4); confirm the configuration that matters to you.
At $254/sq ft, this home is about 10% below the Nashville 37207 median list price per square foot of $282.
Recently sold in Nashville 37207: 138 comparable homes from $454,920 to $915,000, a median of $280/sq ft; this listing at $254/sq ft is about 9% below recent sold prices.
Market read: the Nashville 37207 homes market is balanced as of October 11, 2026, at about 5.1 months of inventory; recent sales have closed near 99.2% of list in the 12 months to October 23, 2026.
All-in, about $4,628/mo at 20% down (7.30% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $794/mo, roughly 17% of the all-in monthly payment.
At the current 7.30% 30-year rate, principal and interest on this home runs about $3,834/mo; at the 6.81% rate of about three months ago it would be roughly $3,649/mo, so monthly P&I is about $185 higher now.
School zone: assigned to Shwab 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 1338 Pennock Ave (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of November 5, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
1338 Pennock Ave is on the market under more than one Realtracs listing. This page follows MLS #3306100. Also at this address:
Welcome to 1338 Pennock Avenue in East Nashville, a rare opportunity sitting on a double lot with endless possibilities. Beautiful craftsman with original hardwood floors throughout the main level. Tucked in the heart of the desirable Cleveland Park / Highland Heights area (37207), this property offers the kind of space and flexibility that's increasingly hard to find so close to downtown Nashville. The generous double lot provides room to expand, add a detached garage or DADU, create outdoor living areas, or reimagine the entire footprint. Inside, the 5-bedroom layout delivers versatility for a large family, multi-generational living, roommates, or creative conversion potential. Enjoy the best of East Nashville living: walkable to local favorites, just minutes to downtown, the East Bank developments, and major thoroughfares. In one of Nashvilles most dynamic and appreciating areas!
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 1338 Pennock Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $699,000 | -$11,000 (-1.5%) | |
| Price change | $710,000 | -$39,000 (-5.2%) | |
| Price change | $749,000 | -$50,000 (-6.3%) | |
| Listed | $799,000 | ||
| Quitclaim deed | No price recorded | ||
| Deed recorded | $163,860 | ||
| Deed recorded | $146,500 | ||
| Deed recorded | $46,500 | ||
| Trustee's deed | $64,600 | ||
| Deed recorded | $55,000 | ||
| Quitclaim deed | No price recorded | ||
| Quitclaim deed | No price recorded | ||
| Quitclaim deed | No price recorded | ||
| Deed recorded | $5,250 |
Listed July 8, 2026, this listing has been on the market 121 days as of November 6, 2026. It was originally listed at $799,000; the asking price is now $699,000 (-12.5%).
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
The Davidson County Assessor's appraised value of 1338 Pennock Ave by year: $51,400 in 1999 to $545,800 in 2025, a change of +962%. 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 | $300,000 | $235,900 | $9,900 | $545,800 | ROLL |
| 2021 | $140,000 | $245,900 | $8,300 | $394,200 | ROLL |
| 2017 | $80,000 | $221,200 | $10,900 | $312,100 | ROLL |
| 2013 | $15,000 | $151,900 | $10,500 | $177,400 | ROLL |
| 2009 | $20,000 | $114,200 | $7,700 | $141,900 | ROLL |
| 2006 | $11,000 | $110,300 | $7,600 | $128,900 | ROLL |
| 2005 | $11,000 | $74,200 | $4,100 | $89,300 | ROLL |
| 2001 | $7,500 | $63,300 | $0 | $70,800 | ROLL |
| 2000 | $5,500 | $45,900 | $0 | $51,400 | ROLL |
| 1999 | $5,500 | $45,900 | $0 | $51,400 | 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 1338 Pennock Ave at $699,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $699,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 1338 Pennock Ave is about $4,628/mo, 20% down on a 30-year fixed at 7.30% (a conforming loan), including principal & interest $3,834, estimated property tax $410, homeowners insurance $384. Estimate only; not a loan offer.
| Principal & interest | $3,834/mo |
|---|---|
| Property tax (est.) | $410/mo |
| Homeowners insurance (est.) | $384/mo |
| Estimated total | $4,628/mo |
Assumes 20% down, 30-year fixed at 7.30% (Mortgage News Daily, as of October 22, 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 |
|---|---|---|---|
| 6.30% | $3,461/mo | $4,255/mo | -$373/mo |
| 6.80% | $3,646/mo | $4,440/mo | -$188/mo |
| 7.30% | $3,834/mo | $4,628/mo | current |
| 7.80% | $4,026/mo | $4,820/mo | +$192/mo |
| 8.30% | $4,221/mo | $5,015/mo | +$387/mo |
Principal & interest on a 30-year fixed at 20% down ($559,200 loan), with property tax, insurance held constant at $794/mo. Current 30-year fixed 7.30% (Mortgage News Daily, as of October 22, 2026). Estimate only; not a loan offer.
Owning 1338 Pennock Ave runs about $4,628/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 $545,800 trails the $699,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $3,840 now to roughly $4,917 (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 | Nashville 37207 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $254 | $277 median | $280 median |
| Price position | 38th pctile | -8% vs median | ~99.2% of list |
| Nashville 37207 vs greater Nashville | - | -16% | - |
| Recent closings | - | - | 138 sales |
This listing beside the active Nashville 37207 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 6, 2026.
Among the active homes in Nashville 37207, this home at $254/sq ft falls in the 38th percentile on price per square foot.
Prices per square foot in Nashville 37207 run about 16% below greater Nashville.
Taken together, this home is priced in line with Nashville 37207 on a per-square-foot basis.
Computed by Grant Hammond from the active Nashville 37207 comparables (Realtracs via IDX), as of November 6, 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 | 179 in Nashville 37207 homes |
|---|---|
| Recent absorption | about 35.1 sales / mo |
| Months of inventory | 5.1 months, a balanced market |
Over the past 12 months, homes in Nashville 37207 homes sold at about 99.2% of list price.
Recorded sales in Nashville 37207 homes: 526 in the past 12 months.
Supply-side and recent-sale context for Nashville 37207 homes. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37207 homes closings. Source Realtracs via IDX, as of October 11, 2026.
1338 Pennock Ave sits in Highland Heights, Nashville, Davidson County.
In Nashville 37207, homes there are priced around $282 per square foot; inventory in Nashville 37207 homes is running at about 5.1 months, a balanced market; recent sales closed near 99.2% of list price; 138 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 23, 2026.
Approximately 2.5 miles from downtown Nashville (straight-line distance).
1338 Pennock Ave is zoned for Shwab 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 1338 Pennock Ave - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 1338 Pennock Ave, by price and size.
Listed by Spencer Sadler, Compass RE. 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 (November 5, 2026), 1338 Pennock Ave, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
1338 Pennock Ave was listed on July 8, 2026 and has been on the market 121 days as of November 6, 2026, per Realtracs.
Yes. It was originally listed at $799,000; the asking price is now $699,000 (-12.5%).
1338 Pennock Ave, Nashville is listed at $699,000, about $254 per square foot across 2,755 square feet.
4 bedrooms and 2 bathrooms.
About $254 per square foot ($699,000 across 2,755 sqft).
1338 Pennock Ave, Nashville was built in 1932.
Yes, 3 garage spaces, per the listing.
No HOA dues are reported for this home.
1338 Pennock Ave, Nashville is in the Highland Heights subdivision of Nashville.
About $4,628 a month with 20% down on a 30-year fixed at 7.30%, principal and interest $3,834, estimated property tax $410, insurance $384. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
1338 Pennock Ave, Nashville is zoned for Shwab Elementary, Jere Baxter Middle, Maplewood Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 1338 Pennock 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 $254 per square foot, 1338 Pennock Ave, Nashville ranks in the 35th percentile of active Nashville 37207 listings by price per square foot, roughly 10% below the Nashville 37207 median; recent comparable sales in Nashville 37207 closed near $280 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37207 homes market is currently balanced, at about 5.1 months of inventory; recent sales have closed near 99.2% of list price over the past year, per Realtracs as of October 11, 2026.
Thinking of selling in Highland Heights?
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