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1501 16th Ave S 4, Nashville, TN 37212

1501 16th Ave S 4, Nashville, TN 37212, sold for $1,400,000 on January 26, 2024 ($682/sq ft). 4 bd · 4.5 ba (4 full, 1 half) · 2,054 sqft · $682/sqft.

Sold January 26, 2024 · $1,400,000

4 beds4.5 baths2,054 sq ft$682 /sq ft

MLS #2606379 · listed January 3, 2024 · updated June 19, 2026

4-bed, 4.5-bath home at 1501 16th Ave S 4 in Music Row, Nashville, 2,054 sqft, sold for $1,400,000 on January 26, 2024 ($682/sqft), listed by Compass.

The quick read

1501 16th Ave S 4, a 4-bedroom, 4.5-bath home in Nashville, TN 37212, sold for $1,400,000 on January 26, 2024, at its last list price, after 3 days on market, well under the Nashville 37212 12-month median of 45 days. The listing described it as a home, walkable to retail and restaurants. At about $682/sq ft across 2,054 sq ft, the sale was about 48% above the Nashville 37212 median active list price of $461/sq ft. It closed about 19% above its 2025 county appraisal of $1,175,400 and about 30% below the address's prior recorded sale of $2,000,000 in 2021. Nashville 37212 home sales over the past 12 months: a median sale price of $547,500, down 11.0% from the year before; $365/sq ft, down 12.3% (206 closings, per Realtracs). There are 5 active listings in Music Row as of October 31, 2026, and sales there have closed near 97.2% of list in the 12 months to October 31, 2026.

Since this sale, homes in Nashville 37212 sold for a median $365/sq ft in the 12 months to October 31, 2026, about the same as $365/sq ft in the 12 months to June 19, 2026, when this home closed (135 and 157 closings, per Realtracs). That is a measure of the area, not a value for this home.

Want a current value for this home? Ask Grant Hammond for a comparative market analysis.

Recorded sales of this address: $2,000,000 in 2021, then $1,400,000 in 2024 (county records). The 2024 sale was about 30% below the prior sale, roughly 14.9% a year over 2.2 years, not adjusted for renovations or other improvements.

The sale price was about 19% above its 2025 county appraisal of $1,175,400 on the county record.

Timeline: listed January 3, 2024, under contract January 6, 2024 after 3 days on market, closed January 26, 2024, per Realtracs.

Time to sell: 3 days on market, well under the 12-month median of 45 days for Nashville 37212 home sales (104 closings with a recorded listing period, per Realtracs).

Recent closings in Nashville 37212: 37 comparable homes from $910,000 to $1,815,000, a median of $406/sq ft.

Market read: the Music Row market is balanced as of October 31, 2026, at about 6 months of inventory; sales there have closed near 97.2% of list in the 12 months to October 31, 2026.

Next step: ask Grant Hammond about homes for sale near 1501 16th Ave S 4 or what this sale means for a home you own nearby; he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and hundreds of millions in luxury closings. Sale per Realtracs via IDX; figures as of June 19, 2026.

This is a standard residential home, not a permitted short-term rental.

Description of 1501 16th Ave S 4

A boutique 7 unit luxury Airbnb development located directly ON Historic Music Row. Thoughtfully designed from the ground up for optimum Airbnb revenue potential by Allard-Ward Architects, these custom townhomes are poised to give you and your guests tree top city views from third floor roof top terraces with hot tubs already installed. In the heart of Music City you are just minutes from Broadway, one block to Vanderbilt, two blocks to Belmont and walking distance to countless restaurants, shops, bars and entertainment venues. Surrounded by music studios, production companies and supporting offices this is one of the safest and most desirable neighborhoods in all of Nashville. The final two units being released both offer 4 oversized bedrooms with large en-suite bathrooms attached. Each unit includes two off-street parking spaces along with a black stainless steel appliance package with w/d included. Zoned OR-20 these units are ideal for non-owner occupied investor Airbnb permits.

Listing remarks via the Realtracs Internet Data Exchange.

Full property details

Complete reported fields for 1501 16th Ave S 4 (reference).

MLS #2606379
StatusSold
Closing price$1,400,000
ClosedJanuary 26, 2024
Last list price$1,400,000
Price / sqft at closing$682
Bedrooms4
Bathrooms4.5 (4 full, 1 half)
Living area2,054 sqft
All 12 property fields
SubdivisionMusic Row
ListedJanuary 3, 2024
UpdatedJune 19, 2026

Listing activity

DateEventPriceChange
Quitclaim deed$0
Closed$1,400,000+$0 (+0.0%) vs list
Under contract
Off market
Listed$1,400,000
Deed recorded$2,000,000

Listed January 3, 2024, this listing was on the market 3 days before it went under contract. It closed on January 26, 2024 for $1,400,000 (+$0 (+0.0%) against the last list price).

  • County assessment: $1,175,400 total appraised value (land $300,000 + improvements $875,400).

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

Assessment history

The county Assessor's appraised value of 1501 16th Ave S 4 by year: $210,000 in 2023 to $1,175,400 in 2025, a change of +460%. Appraised value is the county's figure for taxation, not a market value or a sale price.

YearLandBuildingYard itemsTotalCategory
2025$300,000$875,400$0$1,175,400ROLL
2024$210,000$419,800$0$629,800PR
2023$210,000$0$0$210,000ROLL

Source: county Assessor of Property, historical appraisal record, as recorded; totals are the county's own figures.

Sale summary

1501 16th Ave S 4 sold for $1,400,000 on January 26, 2024, at its last list price. This home is no longer for sale; the figures below are the recorded sale, per Realtracs.

Closing price$1,400,000
Closed
Listed
Under contract
Days on market3 (listing to contract)
Last list price$1,400,000
Sale to list price100.0%
Prior recorded sale$2,000,000 ()
Change since the prior sale-30% (-14.9% a year, unadjusted)
Area median days on market (12 mo)45 days, Nashville 37212 (104 closings)
County appraised value$1,175,400
Sale vs. appraised value+19%
Price per sq ft at closing$682

Closing price and date per Realtracs via IDX. Not an estimate of current value.

How this home is priced

How 1501 16th Ave S 4 compares in Nashville 37212

MetricThis homeNashville 37212 activeRecently sold
Sale price / sq ft$682$461 median$406 median
Price position-+48% vs median~97.2% of list
Nashville 37212 vs greater Nashville-+38%-
Recent closings--37 sales

This sale beside the active Nashville 37212 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 31, 2026.

How this home compares in Nashville 37212

Its sale at $682/sq ft compares with a median of $461/sq ft across the 158 active homes in Nashville 37212 as of October 31, 2026.

Nashville 37212 trades about 38% above greater Nashville on a price-per-square-foot basis.

Taken together, this home reads toward the higher end per square foot for Nashville 37212.

Computed by Grant Hammond from 158 Nashville 37212 comparables (Realtracs via IDX), as of October 31, 2026.

Home prices by high-school zone in null County

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 zoneMedian $/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 null County listings (Realtracs via IDX).

Competition & market pace

Active listings5 in Music Row
Recent absorptionabout 0.8 sales / mo
Months of inventory6 months, a balanced market

Over the past 12 months, homes in Music Row sold at about 97.2% of list price.

Recorded sales in Music Row: 206 in the past 12 months.

Supply-side and recent-sale context for Music Row. Sale figures are trailing 6/12/24-month medians of recorded Music Row closings. Source Realtracs via IDX, as of October 31, 2026.

Location & neighborhood

1501 16th Ave S 4 sits in Music Row, Nashville, null County.

Nashville 37212 market snapshot

In Nashville 37212, homes there are priced around $461 per square foot; inventory in Music Row is running at about 6 months, a balanced market; recent sales closed near 97.2% of list price; 37 sales have been recorded in the past year.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 31, 2026.

Approximately 1.7 miles from downtown Nashville (straight-line distance).

Ask Grant about 1501 16th Ave S 4

Get the full details, recent comparable sales, and any off-market options for 1501 16th Ave S 4. This home has sold; ask about similar homes for sale nearby or what this sale means for a home you own. Grant Hammond, Compass RE, replies personally, usually the same day.

Sent straight to Grant Hammond, Compass RE. Used only to respond to your inquiry, never sold or spammed. By submitting, you agree to be contacted about this property.

Similar & nearby

Recent sales nearby

Comparable homes that closed near 1501 16th Ave S 4 in the past 12 months, by price and size. Closing prices per Realtracs.

Similar listings nearby

Comparable listings near 1501 16th Ave S 4, by price and size.

Listed by Dave Haverkamp, 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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Popular searches in Nashville

Frequently asked questions about 1501 16th Ave S 4

Is 1501 16th Ave S 4, Nashville still for sale?

No. 1501 16th Ave S 4, Nashville sold for $1,400,000 on January 26, 2024, per Realtracs. Ask Grant Hammond, Compass RE, about homes for sale nearby.

How long has 1501 16th Ave S 4 been on the market?

1501 16th Ave S 4 was listed on January 3, 2024 and went under contract on January 6, 2024, after 3 days on the market, per Realtracs.

Has the price of 1501 16th Ave S 4 changed?

No. The asking price has been $1,400,000 since it was listed on January 3, 2024.

What did 1501 16th Ave S 4, Nashville sell for?

$1,400,000, closing on January 26, 2024, at its last list price; about $682 per square foot across 2,054 square feet.

Did 1501 16th Ave S 4, Nashville sell above or below the asking price?

At the asking price: it sold for $1,400,000, its last list price, per Realtracs.

What did 1501 16th Ave S 4, Nashville sell for before?

The prior recorded sale was $2,000,000 on November 8, 2021 (county records). The 2024 sale was about 30% below the prior sale, roughly 14.9% a year over 2.2 years, not adjusted for renovations or other improvements.

What kind of home is 1501 16th Ave S 4, Nashville?

Per the listing, a home, walkable to retail and restaurants. 2,054 square feet, 4 bedrooms, 4.5 bathrooms (4 full, 1 half).

How have Nashville 37212 home prices moved over the past year?

Nashville 37212 home sales over the past 12 months: a median sale price of $547,500, down 11.0% from the year before; $365/sq ft, down 12.3% (206 closings, per Realtracs).

How has the market around 1501 16th Ave S 4, Nashville changed since it sold?

Since the sale, homes in Nashville 37212 sold for a median $365/sq ft in the 12 months to October 31, 2026, about the same as $365/sq ft in the 12 months to June 19, 2026, when this home closed (135 and 157 closings, per Realtracs). That is a measure of the area, not a value for this home.

How has the county appraised 1501 16th Ave S 4, Nashville over time?

The county Assessor appraised it at $1,175,400 in 2025, $629,800 in 2024 and $210,000 in 2023. Appraised value is the county's figure for taxation, not a market value.

How does the sale price of 1501 16th Ave S 4, Nashville compare with its county appraised value?

It sold for $1,400,000, about 19% above its 2025 county appraisal of $1,175,400 on the county record.

How many bedrooms and bathrooms does 1501 16th Ave S 4, Nashville have?

4 bedrooms and 4.5 bathrooms (4 full, 1 half).

When was 1501 16th Ave S 4, Nashville built?

Year built is not reported.

What subdivision is 1501 16th Ave S 4, Nashville in?

1501 16th Ave S 4, Nashville is in the Music Row subdivision of Nashville.

How long did 1501 16th Ave S 4, Nashville take to sell?

3 days on market from listing to contract, well under the 12-month median of 45 days for Nashville 37212 home sales (104 closings with a recorded listing period, per Realtracs).

How does the sale of 1501 16th Ave S 4, Nashville compare with recent sales nearby?

At about $682 per square foot, it sold about 68% above the $406 median of 37 recent comparable closings in Nashville 37212, per Realtracs. Computed by Grant Hammond.

How do I find homes for sale near 1501 16th Ave S 4, Nashville?

Ask Grant Hammond, Compass RE, through the form on this page or call or text (615) 945-7123; he can send active listings and recent sales in Music Row as they come up.

Who can tell me more about 1501 16th Ave S 4, Nashville?

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

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