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2521 Pennington Bend Rd 206, Nashville, TN 37214

2521 Pennington Bend Rd 206, Nashville, TN 37214, Active at $399,900 ($213/sq ft). 3 bd · 3 ba · 1,875 sqft · $213/sqft · 0.04 ac.

Active · $399,900

3 beds3 baths1,875 sq ft$213 /sq ft0.04 acres

MLS #3543145 · listed September 3, 2026 · 35 days on market · updated September 9, 2026

3-bed, 3-bath condo at 2521 Pennington Bend Rd 206 in Pennington Villas, Nashville, 1,875 sqft, $399,900 ($213/sqft), by Benchmark Realty, LLC.

The quick read

2521 Pennington Bend Rd 206 is a 3-bedroom, 3-bath condo in Nashville, TN 37214, offered at $399,900, about $213/sq ft across 1,875 sq ft.

At $213/sq ft, this condo is about 13% below the Nashville 37214 median list price per square foot of $245.

Market read: the Nashville 37214 condos market is balanced, at about 3.3 months of inventory.

All-in, about $3,021/mo at 20% down (7.50% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $784/mo, roughly 26% of the all-in monthly payment.

At the current 7.50% 30-year rate, principal and interest on this condo runs about $2,237/mo; at the 6.64% rate of about three months ago it would be roughly $2,052/mo, so monthly P&I is about $185 higher now.

Next step: ask Grant Hammond anything about 2521 Pennington Bend Rd 206 (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of September 9, 2026. Realtracs via IDX.

This is a condominium; HOA dues and building context are factored into the cost and pricing analysis below.

Description of 2521 Pennington Bend Rd 206

Beautifully updated 3-bedroom, 3-bath townhome with the primary bedroom and guest bedroom on the main level. The open-concept kitchen and living area feature new LVP flooring, farmhouse sink, garbage disposal, and dishwasher. The private third bedroom is located upstairs with a large walk-in closet and could also serve as a spacious bonus or flex area. Recent updates include a new HVAC system, ceiling fans, fresh interior paint, and a fully renovated second floor. Downstairs secondary bath includes a Jacuzzi walk-in tub. Enjoy a private patio and spacious two-car garage with direct access to the kitchen. HOA covers lawn care and exterior maintenance, and long-term rentals are allowed. Quiet community conveniently located near the airport, shopping, dining, major roadways, parks, walking trails, and the Cumberland River. (Home is no longer furnished).

Listing remarks via the Realtracs Internet Data Exchange.

Highlights

2-car garageBuilt 2007

Full property details

Complete reported fields for 2521 Pennington Bend Rd 206 (reference).

MLS #3543145
StatusActive
Price$399,900
Price / sqft$213
Bedrooms3
Bathrooms3
Living area1,875 sqft
Lot size0.04 acres
Year built2007
All 30 property fields
Garage spaces2
Stories1
HeatingCentral
CoolingYes
BasementNone
ConstructionBrick, Stucco, Vinyl Siding
ParkingGarage Faces Front, Attached
Annual taxes$2,703
AppliancesBuilt-In Electric Oven, Built-In Electric Range, Dishwasher, Disposal, Stainless Steel Appliance(s)
FireplaceYes
Water sourcePublic
SewerPublic Sewer
UtilitiesWater Available
Garage typeAttached Garage, Yes
HOA dues$265 / mo
SubdivisionPennington Villas
CountyDavidson
AmenitiesMaintenance Grounds, Maintenance Structure
ListedSeptember 3, 2026
Days on market35
UpdatedSeptember 9, 2026

Listing activity

DateEventPriceChange
Listed$399,900
Quitclaim deed$0
Quitclaim deed$0
Deed recorded$192,900

Listed September 3, 2026, this listing has been on the market 35 days as of October 8, 2026. The asking price has not changed since it was listed.

  • Listed at $399,900, about 107% above the last recorded sale ($192,900, March 23, 2007).
  • County assessment: $384,200 total appraised value (land $81,000 + improvements $303,200).

County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.

Cost of ownership

Estimated monthly ownership for 2521 Pennington Bend Rd 206 at $399,900: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.

List price$399,900
HOA dues$265 / mo
HOA fee includesConfirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost.
Property tax basisAssessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate

Financing 2521 Pennington Bend Rd 206, Nashville

Estimated total monthly payment for 2521 Pennington Bend Rd 206 is about $3,021/mo, 20% down on a 30-year fixed at 7.50% (a conforming loan), including principal & interest $2,237, estimated property tax $232, homeowners insurance $287, and HOA dues $265. Estimate only; not a loan offer.

Principal & interest$2,237/mo
Property tax (est.)$232/mo
Homeowners insurance (est.)$287/mo
HOA dues$265/mo
Estimated total$3,021/mo

Assumes 20% down, 30-year fixed at 7.50% (Mortgage News Daily, as of October 8, 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.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
6.50%$2,022/mo$2,806/mo-$215/mo
7.00%$2,128/mo$2,912/mo-$109/mo
7.50%$2,237/mo$3,021/mocurrent
8.00%$2,347/mo$3,131/mo+$110/mo
8.50%$2,460/mo$3,244/mo+$223/mo

Principal & interest on a 30-year fixed at 20% down ($319,920 loan), with property tax, insurance, and HOA held constant at $784/mo. Current 30-year fixed 7.50% (Mortgage News Daily, as of October 8, 2026). Estimate only; not a loan offer.

Buy versus rent, 2521 Pennington Bend Rd 206

Owning 2521 Pennington Bend Rd 206 runs about $3,021/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.

True cost of ownership, HOA included

HOA dues$265 / mo (about 9% of the estimated total payment)
HOA per year$3,180
HOA over 5 years$15,900 (at current dues)
Effective carrying cost$1.618 / sq ft / mo (estimated total over 1,875 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.

How this condo is priced in its building

How 2521 Pennington Bend Rd 206 compares in Nashville 37214

MetricThis condoNashville 37214 activeRecently sold
Price / sq ft$213$245 median-
Price position23rd pctile-13% vs median-
Nashville 37214 vs greater Nashville--27%-

This listing beside the active Nashville 37214 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 8, 2026.

How this condo compares in Nashville 37214

Among the 204 active condos in Nashville 37214, this condo at $213/sq ft falls in the 23rd percentile on price per square foot.

Nashville 37214 trades about 27% below greater Nashville on a price-per-square-foot basis.

Taken together, this condo reads toward the lower end per square foot for Nashville 37214.

Computed by Grant Hammond from 204 Nashville 37214 comparables (Realtracs via IDX), as of October 8, 2026, refreshed weekly.

Competition & market pace

Active listings51 in Nashville 37214 condos
Recent absorptionabout 15.5 sales / mo
Months of inventory3.3 months, a balanced market

Supply-side and recent-sale context for Nashville 37214 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37214 condos closings. Source Realtracs via IDX, as of September 26, 2026.

Location & neighborhood

2521 Pennington Bend Rd 206 sits in Pennington Villas, Nashville, Davidson County.

Nashville 37214 market snapshot

In Nashville 37214, homes there are priced around $245 per square foot; inventory in Nashville 37214 condos is running at about 3.3 months, a balanced market.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 7, 2026.

Approximately 6.7 miles from downtown Nashville (straight-line distance).

Assigned schools

2521 Pennington Bend Rd 206 is zoned for Pennington Elementary, Two Rivers Middle, McGavock Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.

High
McGavock Comp High School

Ask Grant about 2521 Pennington Bend Rd 206

Get the full details, recent comparable sales, and any off-market options for 2521 Pennington Bend Rd 206 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

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Similar & nearby

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Listed by Jennifer (Jen) Fought, Benchmark 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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Popular searches in Nashville

Frequently asked questions about 2521 Pennington Bend Rd 206

Is 2521 Pennington Bend Rd 206, Nashville still for sale?

As of the latest update (September 9, 2026), 2521 Pennington Bend Rd 206, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 2521 Pennington Bend Rd 206 been on the market?

2521 Pennington Bend Rd 206 was listed on September 3, 2026 and has been on the market 35 days as of October 8, 2026, per Realtracs.

Has the price of 2521 Pennington Bend Rd 206 changed?

No. The asking price has been $399,900 since it was listed on September 3, 2026.

How much does 2521 Pennington Bend Rd 206, Nashville cost?

2521 Pennington Bend Rd 206, Nashville is listed at $399,900, about $213 per square foot across 1,875 square feet.

How many bedrooms and bathrooms does 2521 Pennington Bend Rd 206, Nashville have?

3 bedrooms and 3 bathrooms.

What is the price per square foot?

About $213 per square foot ($399,900 across 1,875 sqft).

When was 2521 Pennington Bend Rd 206, Nashville built?

2521 Pennington Bend Rd 206, Nashville was built in 2007.

Does 2521 Pennington Bend Rd 206, Nashville have a garage?

Yes, 2 garage spaces, per the listing.

Are there HOA dues?

HOA dues are $265 per month, as listed.

What subdivision is 2521 Pennington Bend Rd 206, Nashville in?

2521 Pennington Bend Rd 206, Nashville is in the Pennington Villas subdivision of Nashville.

What is the estimated monthly payment for 2521 Pennington Bend Rd 206, Nashville?

About $3,021 a month with 20% down on a 30-year fixed at 7.50%, principal and interest $2,237, estimated property tax $232, insurance $287, and HOA $265. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.

What schools is 2521 Pennington Bend Rd 206, Nashville zoned for?

2521 Pennington Bend Rd 206, Nashville is zoned for Pennington Elementary, Two Rivers Middle, McGavock Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.

What do the HOA dues cover at 2521 Pennington Bend Rd 206, Nashville?

HOA dues are $265 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.

How is 2521 Pennington Bend Rd 206, Nashville priced versus the building?

At $213 per square foot, 2521 Pennington Bend Rd 206, Nashville is in the 24th percentile of active listings in the Nashville 37214, about 13% below the $245 building median, on a fee-adjusted price-per-square-foot basis. Comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

How do I schedule a tour of 2521 Pennington Bend Rd 206, Nashville?

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.

How do I make an offer on 2521 Pennington Bend Rd 206, Nashville?

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.

Are more photos and details available for 2521 Pennington Bend Rd 206, Nashville?

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.

Who can tell me more about 2521 Pennington Bend Rd 206, Nashville?

Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.

How is 2521 Pennington Bend Rd 206, Nashville priced compared to the market?

At about $213 per square foot, 2521 Pennington Bend Rd 206, Nashville ranks in the 24th percentile of active Nashville 37214 listings by price per square foot, roughly 13% below the Nashville 37214 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is the Nashville 37214 condos market favoring buyers or sellers?

The Nashville 37214 condos market is currently balanced, at about 3.3 months of inventory, per Realtracs as of September 26, 2026.

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