508 Belair Way, Nashville, TN 37215
508 Belair Way, Nashville, TN 37215, Active at $525,000 ($287/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 1,827 sqft · $287/sqft · 0.02 ac.
508 Belair Way, Nashville, TN 37215, Active at $525,000 ($287/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 1,827 sqft · $287/sqft · 0.02 ac.
Active · $525,000
MLS #3547127 · listed August 25, 2026 · 71 days on market · updated October 20, 2026
3-bed, 2.5-bath condo at 508 Belair Way in Burton Hills-Village Of Belair, Nashville, 1,827 sqft, $525,000 ($287/sqft), by Compass.
508 Belair Way is a 3-bedroom, 2.5-bath condo in Nashville, TN 37215, offered at $525,000, about $287/sq ft across 1,827 sq ft.
At $287/sq ft, this condo is about 28% below the Nashville 37215 median list price per square foot of $401.
Recently sold in Nashville 37215: 58 comparable condos from $342,500 to $695,000, a median of $289/sq ft; this listing at $287/sq ft is about 1% below recent sold prices.
Market read: the Nashville 37215 condos market is balanced as of October 24, 2026, at about 4.9 months of inventory; recent sales have closed near 97.3% of list in the 12 months to October 25, 2026.
All-in, about $3,836/mo at 20% down (7.33% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this condo (property tax, insurance, and HOA) run about $948/mo, roughly 25% of the all-in monthly payment.
At the current 7.33% 30-year rate, principal and interest on this condo runs about $2,888/mo; at the 6.81% rate of about three months ago it would be roughly $2,741/mo, so monthly P&I is about $147 higher now.
Next step: ask Grant Hammond anything about 508 Belair Way (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 20, 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.
Set within the established Burton Hills community, this end-unit townhome pairs a spacious interior with a private outdoor setting and low-maintenance lifestyle. The functional floor plan features a kitchen that opens directly to the family room, while the expansive living room with vaulted ceilings flows into the dining room. Crown molding, granite countertops, two fireplaces, and abundant natural light add character throughout. The third bedroom features a wall of built-ins and offers flexibility as a home office, guest room, or additional living space. The newly replaced private back deck extends the living outdoors and provides a peaceful place to relax. Beyond the home, enjoy the community's pool, clubhouse, tennis courts, walking trails, and maintained grounds. All of this in the heart of Green Hills, just minutes from some of Nashville's favorite shopping, dining, and everyday conveniences.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 508 Belair Way (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Price change | $525,000 | -$20,000 (-3.7%) | |
| Listed | $545,000 | ||
| Quitclaim deed | $0 | ||
| Deed recorded | $425,000 | ||
| Deed recorded | $345,000 | ||
| Deed recorded | $248,000 | ||
| Deed recorded | $242,500 | ||
| Deed recorded | $167,900 | ||
| Deed recorded | $156,677 | ||
| Deed recorded | $156,677 |
Listed August 25, 2026, this listing has been on the market 71 days as of November 4, 2026. The price has been reduced once, from $545,000 to $525,000 (-3.7%), most recently on October 20, 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 508 Belair Way by year: $164,100 in 1999 to $531,200 in 2025, a change of +224%. 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 | $94,000 | $437,200 | $0 | $531,200 | ROLL |
| 2021 | $77,000 | $341,000 | $0 | $418,000 | ROLL |
| 2017 | $68,000 | $264,000 | $0 | $332,000 | ROLL |
| 2013 | $60,000 | $230,100 | $0 | $290,100 | ROLL |
| 2009 | $60,000 | $193,000 | $0 | $253,000 | ROLL |
| 2005 | $45,000 | $186,700 | $0 | $231,700 | INF |
| 2001 | $35,000 | $137,600 | $0 | $172,600 | ROLL |
| 2000 | $40,000 | $124,100 | $0 | $164,100 | ROLL |
| 1999 | $40,000 | $124,100 | $0 | $164,100 | 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 508 Belair Way at $525,000: principal & interest, property tax, insurance, and the HOA fee decomposed below. Estimate only; not a loan offer.
| List price | $525,000 |
|---|---|
| HOA dues | $313 / mo |
| HOA fee includes | Confirm per building (commonly insurance, exterior maintenance, amenities); the fee is part of true monthly cost. |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 508 Belair Way is about $3,836/mo, 20% down on a 30-year fixed at 7.33% (a conforming loan), including principal & interest $2,888, estimated property tax $304, homeowners insurance $331, and HOA dues $313. Estimate only; not a loan offer.
| Principal & interest | $2,888/mo |
|---|---|
| Property tax (est.) | $304/mo |
| Homeowners insurance (est.) | $331/mo |
| HOA dues | $313/mo |
| Estimated total | $3,836/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% | $2,608/mo | $3,556/mo | -$280/mo |
| 6.83% | $2,746/mo | $3,694/mo | -$142/mo |
| 7.33% | $2,888/mo | $3,836/mo | current |
| 7.83% | $3,032/mo | $3,980/mo | +$144/mo |
| 8.33% | $3,179/mo | $4,127/mo | +$291/mo |
Principal & interest on a 30-year fixed at 20% down ($420,000 loan), with property tax, insurance, and HOA held constant at $948/mo. Current 30-year fixed 7.33% (Mortgage News Daily, as of October 23, 2026). Estimate only; not a loan offer.
Owning 508 Belair Way runs about $3,836/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.
| HOA dues | $313 / mo (about 8% of the estimated total payment) |
|---|---|
| HOA per year | $3,756 |
| HOA over 5 years | $18,780 (at current dues) |
| Effective carrying cost | $2.1 / sq ft / mo (estimated total over 1,827 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.
| Metric | This condo | Nashville 37215 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $287 | $398 median | $289 median |
| Price position | 14th pctile | -28% vs median | ~97.3% of list |
| Nashville 37215 vs greater Nashville | - | +20% | - |
| Recent closings | - | - | 58 sales |
This listing beside the active Nashville 37215 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of November 4, 2026.
Among the 252 active condos in Nashville 37215, this condo at $287/sq ft falls in the 14th percentile on price per square foot.
Prices per square foot in Nashville 37215 run about 20% above greater Nashville.
Taken together, this condo is priced toward the lower end per square foot for Nashville 37215.
Computed by Grant Hammond from 252 Nashville 37215 comparables (Realtracs via IDX), as of November 4, 2026, refreshed weekly.
| Active listings | 97 in Nashville 37215 condos |
|---|---|
| Recent absorption | about 19.8 sales / mo |
| Months of inventory | 4.9 months, a balanced market |
Over the past 12 months, homes in Nashville 37215 condos sold at about 97.3% of list price.
Recorded sales in Nashville 37215 condos: 288 in the past 12 months.
Supply-side and recent-sale context for Nashville 37215 condos. Sale figures are trailing 6/12/24-month medians of recorded Nashville 37215 condos closings. Source Realtracs via IDX, as of October 24, 2026.
508 Belair Way sits in Burton Hills-Village Of Belair, Nashville, Davidson County.
In Nashville 37215, homes there are priced around $401 per square foot; inventory in Nashville 37215 condos is running at about 4.9 months, a balanced market; recent sales closed near 97.3% of list price; 58 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 5.1 miles from downtown Nashville (straight-line distance).
508 Belair Way is zoned for Percy Priest Elementary, John Trotwood Moore Middle, Hillsboro 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 508 Belair Way - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 508 Belair Way, by price and size.
Listed by Happy Fulk, Compass. 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 (October 20, 2026), 508 Belair Way, Nashville is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
508 Belair Way was listed on August 25, 2026 and has been on the market 71 days as of November 4, 2026, per Realtracs.
Yes. It was first listed at $545,000. The price has been reduced once, most recently to $525,000 on October 20, 2026, a total change of -3.7%.
508 Belair Way, Nashville is listed at $525,000, about $287 per square foot across 1,827 square feet.
3 bedrooms and 2.5 bathrooms (2 full, 1 half).
About $287 per square foot ($525,000 across 1,827 sqft).
508 Belair Way, Nashville was built in 1985.
Yes, 1 garage spaces, per the listing.
HOA dues are $313 per month, as listed.
508 Belair Way, Nashville is in the Burton Hills-Village Of Belair subdivision of Nashville.
About $3,836 a month with 20% down on a 30-year fixed at 7.33%, principal and interest $2,888, estimated property tax $304, insurance $331, and HOA $313. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
508 Belair Way, Nashville is zoned for Percy Priest Elementary, John Trotwood Moore Middle, Hillsboro Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
HOA dues are $313 per month; coverage varies by building (commonly insurance, exterior maintenance, and amenities). Confirm the fee-includes for this building.
At $287 per square foot, 508 Belair Way, Nashville is in the 12th percentile of active listings in the Nashville 37215, about 28% below the $401 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 $287 per square foot, 508 Belair Way, Nashville ranks in the 12th percentile of active Nashville 37215 listings by price per square foot, roughly 28% below the Nashville 37215 median; recent comparable sales in Nashville 37215 closed near $289 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Nashville 37215 condos market is currently balanced, at about 4.9 months of inventory; recent sales have closed near 97.3% of list price over the past year, per Realtracs as of October 24, 2026.
Thinking of selling in Burton Hills-Village Of Belair?
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