1601 Saunders Ave, Madison, TN 37115
1601 Saunders Ave, Madison, TN 37115, Active at $512,900 ($296/sq ft). 3 bd · 2 ba · 1,732 sqft · $296/sqft · 0.57 ac.
1601 Saunders Ave, Madison, TN 37115, Active at $512,900 ($296/sq ft). 3 bd · 2 ba · 1,732 sqft · $296/sqft · 0.57 ac.
Active · $512,900
MLS #3306549 · listed July 26, 2026 · 94 days on market · updated July 28, 2026
3-bed, 2-bath home at 1601 Saunders Ave in Oakland Acres, Madison, 1,732 sqft, $512,900 ($296/sqft), by Hodges and Fooshee Realty Inc..
1601 Saunders Ave is a 3-bedroom, 2-bath home in Madison, TN 37115, offered at $512,900, about $296/sq ft across 1,732 sq ft.
At $296/sq ft, this home is about 30% above the Madison 37115 median list price per square foot of $228.
Recently sold in Madison 37115: 222 comparable homes from $334,900 to $685,000, a median of $228/sq ft; this listing at $296/sq ft is about 30% above recent sold prices.
Market read: the Madison homes market is balanced as of October 25, 2026, at about 4.5 months of inventory; recent sales have closed near 99.6% of list in the 12 months to October 25, 2026.
All-in, about $3,445/mo at 20% down (7.33% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $624/mo, roughly 18% of the all-in monthly payment.
At the current 7.33% 30-year rate, principal and interest on this home runs about $2,821/mo; at the 6.81% rate of about three months ago it would be roughly $2,678/mo, so monthly P&I is about $143 higher now.
School zone: assigned to Chadwell 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 1601 Saunders Ave (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 28, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Madison.
Pool Privacy Possibilties This beautifully updated 3-bedroom, 2-bath home sits on a spacious 0.57-acre lot and features a gourmet-style kitchen, spa-inspired bath, luxury flooring, a striking fireplace, and a private pool. A rare opportunity to enjoy resort-style living just minutes from downtown Nashville.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 1601 Saunders Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $512,900 | ||
| Deed recorded | $400,000 | ||
| Quitclaim deed | $0 | ||
| Affidavit recorded | $0 | ||
| Deed recorded | $98,000 | ||
| Deed recorded | $69,000 | ||
| Deed recorded | $42,800 |
Listed July 26, 2026, this listing has been on the market 94 days as of October 28, 2026. The asking price has not changed since it was listed.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
The Davidson County Assessor's appraised value of 1601 Saunders Ave by year: $122,100 in 1999 to $473,900 in 2025, a change of +288%. 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 | $156,800 | $317,100 | $0 | $473,900 | ROLL |
| 2021 | $80,000 | $226,400 | $0 | $306,400 | ROLL |
| 2017 | $76,000 | $127,000 | $0 | $203,000 | ROLL |
| 2013 | $35,000 | $121,300 | $0 | $156,300 | ROLL |
| 2009 | $32,000 | $143,600 | $0 | $175,600 | ROLL |
| 2005 | $28,000 | $131,900 | $0 | $159,900 | ROLL |
| 2001 | $26,000 | $104,200 | $0 | $130,200 | ROLL |
| 2000 | $22,000 | $100,100 | $0 | $122,100 | ROLL |
| 1999 | $22,000 | $100,100 | $0 | $122,100 | 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 1601 Saunders Ave at $512,900: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $512,900 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 1601 Saunders Ave is about $3,445/mo, 20% down on a 30-year fixed at 7.33% (a conforming loan), including principal & interest $2,821, estimated property tax $297, homeowners insurance $327. Estimate only; not a loan offer.
| Principal & interest | $2,821/mo |
|---|---|
| Property tax (est.) | $297/mo |
| Homeowners insurance (est.) | $327/mo |
| Estimated total | $3,445/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% | $2,548/mo | $3,172/mo | -$273/mo |
| 6.83% | $2,683/mo | $3,307/mo | -$138/mo |
| 7.33% | $2,821/mo | $3,445/mo | current |
| 7.83% | $2,962/mo | $3,586/mo | +$141/mo |
| 8.33% | $3,106/mo | $3,730/mo | +$285/mo |
Principal & interest on a 30-year fixed at 20% down ($410,320 loan), with property tax, insurance held constant at $624/mo. Current 30-year fixed 7.33% (Mortgage News Daily, as of October 23, 2026). Estimate only; not a loan offer.
Owning 1601 Saunders Ave runs about $3,445/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.
| Metric | This home | Madison 37115 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $296 | $228 median | - |
| Price position | 81st pctile | +30% vs median | - |
This listing beside the active Madison 37115 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 28, 2026.
This listing beside the active Madison 37115 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 25, 2026.
At $296/sq ft, this home ranks in the 81st percentile of the 256 active homes in Madison 37115 by price per square foot.
Computed by Grant Hammond from 256 Madison 37115 comparables (Realtracs via IDX), as of October 28, 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 | 127 in Madison homes |
|---|---|
| Recent absorption | about 28.2 sales / mo |
| Months of inventory | 4.5 months, a balanced market |
Over the past 12 months, homes in Madison homes sold at about 99.6% of list price.
Recorded sales in Madison homes: 477 in the past 12 months.
Supply-side and recent-sale context for Madison homes. Sale figures are trailing 6/12/24-month medians of recorded Madison homes closings. Source Realtracs via IDX, as of October 25, 2026.
1601 Saunders Ave sits in Oakland Acres, Madison, Davidson County.
In Madison 37115, homes there are priced around $228 per square foot; inventory in Madison homes is running at about 4.5 months, a balanced market; recent sales closed near 99.6% of list price; 222 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 25, 2026.
Approximately 6.1 miles from downtown Nashville (straight-line distance).
1601 Saunders Ave is zoned for Chadwell 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 1601 Saunders Ave - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 1601 Saunders Ave, by price and size.
Listed by Nicole Dansby, Hodges and Fooshee Realty Inc.. 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, September 2026: contracts down 3%, supply at 5.41 months, rates at 7.28%. What it means for buyers and sellers.
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.
Brentwood does not price as one market. Over the trailing 24 months, the new-construction enclaves Rosebrooke (about $3.74M median) and Witherspoon (about $3.33M) price above the established gated golf community at Governors Club (about $2.35M), against a townwide median near $1.58M. A Nashville broker's subdivision-level read for summer 2026 with live listings.
As of the latest update (July 28, 2026), 1601 Saunders Ave, Madison is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
1601 Saunders Ave was listed on July 26, 2026 and has been on the market 94 days as of October 28, 2026, per Realtracs.
No. The asking price has been $512,900 since it was listed on July 26, 2026.
1601 Saunders Ave, Madison is listed at $512,900, about $296 per square foot across 1,732 square feet.
3 bedrooms and 2 bathrooms.
About $296 per square foot ($512,900 across 1,732 sqft).
1601 Saunders Ave, Madison was built in 1969.
Yes, 2 garage spaces, per the listing.
No HOA dues are reported for this home.
1601 Saunders Ave, Madison is in the Oakland Acres subdivision of Madison.
About $3,445 a month with 20% down on a 30-year fixed at 7.33%, principal and interest $2,821, estimated property tax $297, insurance $327. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
1601 Saunders Ave, Madison is zoned for Chadwell Elementary, Jere Baxter Middle, Maplewood Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 1601 Saunders Ave, Madison 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 $296 per square foot, 1601 Saunders Ave, Madison ranks in the 80th percentile of active Madison 37115 listings by price per square foot, roughly 30% above the Madison 37115 median; recent comparable sales in Madison 37115 closed near $228 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Madison homes market is currently balanced, at about 4.5 months of inventory; recent sales have closed near 99.6% of list price over the past year, per Realtracs as of October 25, 2026.
Thinking of selling in Oakland Acres?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.