3163 Penn Meade Way, Nashville, TN 37214
3163 Penn Meade Way, Nashville, TN 37214, Conditional at $343,000 ($238/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 1,444 sqft · $238/sqft · 0.08 ac.
3163 Penn Meade Way, Nashville, TN 37214, Conditional at $343,000 ($238/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 1,444 sqft · $238/sqft · 0.08 ac.
Conditional · $343,000
MLS #3545628 · listed July 29, 2026 · 73 days on market · updated October 10, 2026
3-bed, 2.5-bath home at 3163 Penn Meade Way in River Glen, Nashville, 1,444 sqft, $343,000 ($238/sqft), by Synergy Realty Network, LLC.
3163 Penn Meade Way is a 3-bedroom, 2.5-bath home in Nashville, TN 37214, offered at $343,000, about $238/sq ft across 1,444 sq ft.
At $238/sq ft, this home is about 3% below the Nashville 37214 median list price per square foot of $246.
Recently sold in River Glen: 19 comparable homes from $245,000 to $415,000, a median of $300/sq ft; this listing at $238/sq ft is about 21% below recent sold prices.
Market read: the River Glen market is balanced, at about 3.3 months of inventory; recent sales have closed near 100% of list over the past year.
All-in, about $2,406/mo at 20% down (7.27% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $530/mo, roughly 22% of the all-in monthly payment.
At the current 7.27% 30-year rate, principal and interest on this home runs about $1,876/mo; at the 6.83% rate of about three months ago it would be roughly $1,794/mo, so monthly P&I is about $82 higher now.
School zone: assigned to Pennington Elementary, Two Rivers Middle, McGavock Comp High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 3163 Penn Meade Way (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 10, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
PRICED TO SELL. NOW OFFERING UP TO $7500 in CLOSING COST! Welcome to 3163 Penn Meade Way in Nashville's desirable River Glen community! Perfect Home to make Your Own! Location just minutes from OpryMills, Briley Parkway and Downtown Nashville. Enjoy easy access to major highways, shopping, dining and entertainment while still having the comfort of a neighborhood setting. The home features a downstairs dining/flex space to be used as additional office, indoor gym, craft room, or game room. Recent improvements include: ROOF (2024) ,FRESH PAINT, NEW NEVER USED INSTALLED MICROWAVE, & UPDATED FENCE ( August 2026 ). Carpet allowance with a suitable offer, allowing the buyer to select the carpet that best fits their style. Carpet Samples provided at showing. For qualified buyers, 100% financing may be available, plus a preferred lender may offer an additional 1% toward ($3,490) toward closing costs, subject to buyer qualification and lender/program guidelines. Flood insurance not required.Low annual HOA managed by CMA. Send offers to Nashvillenewhomefinder@gmail.com. Text Offer sent to 931-448-1010.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 3163 Penn Meade Way (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Under contract | |||
| Price change | $343,000 | -$6,000 (-1.7%) | |
| Listed | $349,000 | ||
| Deed recorded | $160,000 | ||
| Deed recorded | $134,000 | ||
| Deed recorded | $131,254 | ||
| Deed recorded | $136,359 | ||
| Deed recorded | $39,829 | ||
| Deed of correction | $0 | ||
| Deed of correction | $0 | ||
| Deed of correction | $0 |
Listed July 29, 2026, this listing was on the market 73 days before it went under contract. The price has been reduced once, from $349,000 to $343,000 (-1.7%), most recently on September 24, 2026. It has been under contract since October 10, 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 3163 Penn Meade Way by year: $116,200 in 2006 to $328,600 in 2025, a change of +183%. 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 | $61,000 | $267,600 | $0 | $328,600 | ROLL |
| 2021 | $40,000 | $224,200 | $0 | $264,200 | ROLL |
| 2017 | $28,000 | $145,700 | $0 | $173,700 | ROLL |
| 2013 | $21,000 | $95,600 | $0 | $116,600 | ROLL |
| 2009 | $24,000 | $101,000 | $0 | $125,000 | ROLL |
| 2006 | $21,500 | $94,700 | $0 | $116,200 | PR |
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 3163 Penn Meade Way at $343,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $343,000 |
|---|---|
| HOA dues | $65 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 3163 Penn Meade Way is about $2,406/mo, 20% down on a 30-year fixed at 7.27% (a conforming loan), including principal & interest $1,876, estimated property tax $199, homeowners insurance $266, and HOA dues $65. Estimate only; not a loan offer.
| Principal & interest | $1,876/mo |
|---|---|
| Property tax (est.) | $199/mo |
| Homeowners insurance (est.) | $266/mo |
| HOA dues | $65/mo |
| Estimated total | $2,406/mo |
Assumes 20% down, 30-year fixed at 7.27% (Mortgage News Daily, as of October 30, 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 |
|---|---|---|---|
| 6.27% | $1,693/mo | $2,223/mo | -$183/mo |
| 6.77% | $1,783/mo | $2,313/mo | -$93/mo |
| 7.27% | $1,876/mo | $2,406/mo | current |
| 7.77% | $1,970/mo | $2,500/mo | +$94/mo |
| 8.27% | $2,065/mo | $2,595/mo | +$189/mo |
Principal & interest on a 30-year fixed at 20% down ($274,400 loan), with property tax, insurance, and HOA held constant at $530/mo. Current 30-year fixed 7.27% (Mortgage News Daily, as of October 30, 2026). Estimate only; not a loan offer.
Owning 3163 Penn Meade Way runs about $2,406/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 | Nashville 37214 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $238 | $244 median | - |
| Price position | 45th pctile | -2% 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 31, 2026.
Among the 215 active homes in Nashville 37214, this home at $238/sq ft falls in the 45th percentile on price per square foot.
Nashville 37214 trades about 27% below greater Nashville on a price-per-square-foot basis.
Taken together, this home reads in line with Nashville 37214 on a per-square-foot basis.
Computed by Grant Hammond from 215 Nashville 37214 comparables (Realtracs via IDX), as of October 31, 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 | 6 in River Glen |
|---|---|
| Recent absorption | about 1.8 sales / mo |
| Months of inventory | 3.3 months, a balanced market |
Over the past 12 months, homes in River Glen sold at about 100% of list price.
Recorded sales in River Glen: 19 in the past 12 months.
Supply-side and recent-sale context for River Glen. Sale figures are trailing 6/12/24-month medians of recorded River Glen closings. Source Realtracs via IDX, as of October 6, 2026.
3163 Penn Meade Way sits in River Glen, Nashville, Davidson County.
In Nashville 37214, homes there are priced around $246 per square foot; inventory in River Glen is running at about 3.3 months, a balanced market; recent sales in River Glen closed near 100% of list price; 19 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 7.0 miles from downtown Nashville (straight-line distance).
3163 Penn Meade Way 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.
The listing indicates this property is in a flood zone. Properties in FEMA-designated flood zones may require flood insurance, which adds to carrying cost. Confirm the current flood-zone designation and any insurance requirement with the listing brokerage, a licensed insurer, and the FEMA Flood Map Service Center before relying on it.
Get the full details, recent comparable sales, and any off-market options for 3163 Penn Meade Way - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 3163 Penn Meade Way, by price and size.
Listed by Natalie Fletcher, 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 (October 10, 2026), 3163 Penn Meade Way, Nashville is under contract and still being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
3163 Penn Meade Way was listed on July 29, 2026 and went under contract on October 10, 2026, after 73 days on the market, per Realtracs.
Yes. It was first listed at $349,000. The price has been reduced once, most recently to $343,000 on September 24, 2026, a total change of -1.7%.
3163 Penn Meade Way, Nashville is listed at $343,000, about $238 per square foot across 1,444 square feet.
3 bedrooms and 2.5 bathrooms (2 full, 1 half).
About $238 per square foot ($343,000 across 1,444 sqft).
3163 Penn Meade Way, Nashville was built in 2006.
Yes, 1 garage spaces, per the listing.
HOA dues are $65 per month, as listed.
3163 Penn Meade Way, Nashville is in the River Glen subdivision of Nashville.
About $2,406 a month with 20% down on a 30-year fixed at 7.27%, principal and interest $1,876, estimated property tax $199, insurance $266, and HOA $65. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
3163 Penn Meade Way, 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.
No, 3163 Penn Meade Way, 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 $238 per square foot, 3163 Penn Meade Way, Nashville ranks in the 43rd percentile of active Nashville 37214 listings by price per square foot, roughly 3% below the Nashville 37214 median; recent comparable sales in Nashville 37214 closed near $300 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The River Glen market is currently balanced, at about 3.3 months of inventory; recent sales have closed near 100% of list price over the past year, per Realtracs as of October 6, 2026.
Thinking of selling in River Glen?
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