1502 Shelby Ave, Nashville, TN 37206
1502 Shelby Ave, Nashville, TN 37206, Pending at $1,400,000 ($481/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 2,909 sqft · $481/sqft · 0.17 ac.
1502 Shelby Ave, Nashville, TN 37206, Pending at $1,400,000 ($481/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 2,909 sqft · $481/sqft · 0.17 ac.
Pending · $1,400,000
MLS #3610058 · listed August 28, 2026 · 37 days on market · updated October 16, 2026
3-bed, 2.5-bath home at 1502 Shelby Ave in Edgefield Land, Nashville, 2,909 sqft, $1,400,000 ($481/sqft), by Zeitlin Sotheby's International Realty.
Status: this home is currently under contract, per Realtracs as of October 16, 2026.
1502 Shelby Ave is a 3-bedroom, 2.5-bath home in Nashville, TN 37206, offered at $1,400,000, about $481/sq ft across 2,909 sq ft.
At $481/sq ft, this home is about 33% above the Nashville 37206 median list price per square foot of $361.
Market read: the Edgefield Land market is balanced, at about 3 months of inventory.
All-in, about $9,360/mo at 20% down (7.67% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $1,398/mo, roughly 15% of the all-in monthly payment.
At the current 7.67% 30-year jumbo rate, principal and interest on this home runs about $7,962/mo; at the 6.83% rate of about three months ago it would be roughly $7,324/mo, so monthly P&I is about $638 higher now.
School zone: assigned to Warner Elementary Enhanced Option, Stratford STEM Magnet School Lower Campus, Stratford STEM Magnet School Upper Campus. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 1502 Shelby Ave (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 4, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Nashville.
Tucked behind a classic wraparound porch in the heart of East Nashville, this 2019-built designer home was featured on HGTV and blends historic charm with a rare, resort-caliber backyard. Inside, you will find a chef's kitchen with butler's pantry and new luxury appliances from Bosch and Fisher and Paykel, a stunning two story open staircase, a signature double-sided fireplace, an owner's suite with two walk-in closets, and ensuite bathroom with soaring ceilings and custom tile work. Upstairs there are two more bedrooms plus a large bonus area and full bathroom. The backyard is the showstopper - a composite entertaining deck wraps a Cowboy plunge pool and flows to a curated gravel lounge with fire feature, a cedar-slat outdoor shower, manicured lawn, and a luxury carport - a private outdoor retreat built to a standard rarely found at this price point. But the location may be the best part. Among the most walkable locations in East Nashville - steps to Five Points, minutes to Shelby Park's trails and greenway, and directly in the path of the East Bank and new Nissan stadium development transforming the riverfront. Mama Bread, Lockeland Table, Urban Cowboy, Frothy Monkey, and the upcoming Oracle world headquarters are all close by as well. A designer home, an entertainer's backyard, and a front-row seat to where East Nashville is headed. Schedule your private showing today.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 1502 Shelby Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Pending | |||
| Under contract | |||
| Listed | $1,400,000 | ||
| Quitclaim deed | $0 | ||
| Deed recorded | $1,100,000 | ||
| Deed recorded | $765,000 | ||
| Deed recorded | $222,000 | ||
| Quitclaim deed | $0 | ||
| Quitclaim deed | $0 |
Listed August 28, 2026, this listing was on the market 37 days before it went under contract. It went under contract on October 4, 2026 and has been pending, no longer showing, since October 16, 2026.
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 1502 Shelby Ave at $1,400,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $1,400,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate |
Estimated total monthly payment for 1502 Shelby Ave is about $9,360/mo, 20% down on a 30-year fixed at 7.67% (a jumbo loan), including principal & interest $7,962, estimated property tax $821, homeowners insurance $577. Estimate only; not a loan offer.
| Principal & interest | $7,962/mo |
|---|---|
| Property tax (est.) | $821/mo |
| Homeowners insurance (est.) | $577/mo |
| Estimated total | $9,360/mo |
Assumes 20% down, 30-year fixed at 7.67% (Mortgage News Daily, as of October 16, 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 |
|---|---|---|---|
| 6.67% | $7,205/mo | $8,603/mo | -$757/mo |
| 7.17% | $7,580/mo | $8,978/mo | -$382/mo |
| 7.67% | $7,962/mo | $9,360/mo | current |
| 8.17% | $8,351/mo | $9,749/mo | +$389/mo |
| 8.67% | $8,747/mo | $10,145/mo | +$785/mo |
Principal & interest on a 30-year fixed at 20% down ($1,120,000 loan), with property tax, insurance held constant at $1,398/mo. Current 30-year fixed 7.67% (Mortgage News Daily, as of October 16, 2026). Estimate only; not a loan offer.
Owning 1502 Shelby Ave runs about $9,360/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 37206 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $481 | $357 median | - |
| Price position | 81st pctile | +35% vs median | - |
This listing beside the active Nashville 37206 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 16, 2026.
Among the 267 active homes in Nashville 37206, this home at $481/sq ft falls in the 81st percentile on price per square foot.
Computed by Grant Hammond from 267 Nashville 37206 comparables (Realtracs via IDX), as of October 16, 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 | 3 in Edgefield Land |
|---|---|
| Recent absorption | about 1 sales / mo |
| Months of inventory | 3 months, a balanced market |
Supply-side and recent-sale context for Edgefield Land. Sale figures are trailing 6/12/24-month medians of recorded Edgefield Land closings. Source Realtracs via IDX, as of September 8, 2026.
1502 Shelby Ave sits in Edgefield Land, Nashville, Davidson County.
In Nashville 37206, homes there are priced around $361 per square foot; inventory in Edgefield Land is running at about 3 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 5, 2026.
Approximately 2.1 miles from downtown Nashville (straight-line distance).
1502 Shelby Ave is zoned for Warner Elementary Enhanced Option, Stratford STEM Magnet School Lower Campus, Stratford STEM Magnet School Upper Campus. 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 1502 Shelby Ave - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 1502 Shelby Ave, by price and size.
Listed with Zeitlin Sotheby's International Realty. 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.
The 2023 Nashville real estate market saw rising inventory, rate-driven buyer pullback, and price stabilization across Davidson and Williamson Counties.
Nashville area luxury home sales analysis covering transaction volume, median prices, and absorption rates for properties above $1 million across Davidson and Williamson Counties.
Nashville real estate data and housing market analysis for October 2010. Track Nashville home prices, closings and inventory trends relative to the entire Nashville real estate market.
As of the latest update (October 16, 2026), 1502 Shelby Ave, Nashville is under contract and no longer being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
1502 Shelby Ave was listed on August 28, 2026 and went under contract on October 4, 2026, after 37 days on the market, per Realtracs.
No. The asking price has been $1,400,000 since it was listed on August 28, 2026.
1502 Shelby Ave, Nashville is listed at $1,400,000, about $481 per square foot across 2,909 square feet.
3 bedrooms and 2.5 bathrooms (2 full, 1 half).
About $481 per square foot ($1,400,000 across 2,909 sqft).
1502 Shelby Ave, Nashville was built in 2019.
No garage is reported in the listing.
No HOA dues are reported for this home.
1502 Shelby Ave, Nashville is in the Edgefield Land subdivision of Nashville.
About $9,360 a month with 20% down on a 30-year fixed at 7.67%, principal and interest $7,962, estimated property tax $821, insurance $577. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
1502 Shelby Ave, Nashville is zoned for Warner Elementary Enhanced Option, Stratford STEM Magnet School Lower Campus, Stratford STEM Magnet School Upper Campus. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.
No, 1502 Shelby 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 $481 per square foot, 1502 Shelby Ave, Nashville ranks in the 80th percentile of active Nashville 37206 listings by price per square foot, roughly 33% above the Nashville 37206 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Edgefield Land market is currently balanced, at about 3 months of inventory, per Realtracs as of September 8, 2026.
Thinking of selling in Edgefield Land?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.
