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.
The front of the home has a covered porch with white columns and a wood front door.
Pending · $1,400,000
MLS #3610058 · listed August 28, 2026 · 37 days on market · updated October 26, 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 35% above the Nashville 37206 median list price per square foot of $356.
Recently sold in Edgefield Land: 4 comparable homes from $925,000 to $1,265,000, a median of $457/sq ft; this listing at $481/sq ft is about 5% above recent sold prices.
Market read: the Edgefield Land market is seller-favored as of October 24, 2026, at about 1.7 months of inventory; recent sales have closed near 100% of list in the 12 months to October 24, 2026.
All-in, about $9,306/mo at 20% down (7.60% 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 7.33% 30-year rate, principal and interest on this home runs about $7,701/mo; at the 6.81% rate of about three months ago it would be roughly $7,309/mo, so monthly P&I is about $392 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 16, 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.
The listing photos show a two-story home with cream siding, a dark gray accent and a covered wraparound front porch in Nashville. The back yard has a round in-ground pool on a composite deck, with a covered sitting area and a gravel lounge with a fire pit. Inside, the entry has a white two-story staircase with built-in shelving and tall windows.
Seen in the photos: covered front porch, wraparound porch, in-ground pool, composite deck, covered sitting area, fire pit, gravel lounge area, two-story staircase.
Described from the Realtracs listing photos; measurements, counts and features per the listing and county records on this page.
Complete reported fields for 1502 Shelby Ave (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Pending | |||
| Closed | $1,410,000 | +$10,000 (+0.7%) vs list | |
| 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 closed on October 26, 2026 for $1,410,000 (+$10,000 (+0.7%) against the last list price).
County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.
The Davidson County Assessor's appraised value of 1502 Shelby Ave by year: $31,600 in 1999 to $1,217,800 in 2025, a change of +3754%. 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 | $380,000 | $829,100 | $8,700 | $1,217,800 | ROLL |
| 2021 | $250,000 | $522,400 | $0 | $772,400 | ROLL |
| 2020 | $180,000 | $418,400 | $0 | $598,400 | ROLL |
| 2019 | $180,000 | $0 | $0 | $180,000 | PR |
| 2017 | $180,000 | $171,300 | $0 | $351,300 | ROLL |
| 2013 | $85,000 | $165,400 | $0 | $250,400 | ROLL |
| 2009 | $60,000 | $142,900 | $0 | $202,900 | ROLL |
| 2007 | $22,500 | $15,200 | $0 | $37,700 | ROLL |
| 2005 | $22,500 | $48,200 | $0 | $70,700 | ROLL |
| 2001 | $15,100 | $31,500 | $0 | $46,600 | ROLL |
| 2000 | $11,200 | $14,200 | $3,100 | $31,600 | ROLL |
| 1999 | $11,200 | $14,200 | $3,100 | $31,600 | 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 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 $9,306/mo, 20% down on a 30-year fixed at 7.60% (a jumbo loan), including principal & interest $7,908, estimated property tax $821, homeowners insurance $577. Estimate only; not a loan offer.
| Principal & interest | $7,908/mo |
|---|---|
| Property tax (est.) | $821/mo |
| Homeowners insurance (est.) | $577/mo |
| Estimated total | $9,306/mo |
Assumes 20% down, 30-year fixed at 7.60% (Mortgage News Daily, as of October 23, 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 |
|---|---|---|---|
| 6.60% | $7,153/mo | $8,551/mo | -$755/mo |
| 7.10% | $7,527/mo | $8,925/mo | -$381/mo |
| 7.60% | $7,908/mo | $9,306/mo | current |
| 8.10% | $8,296/mo | $9,694/mo | +$388/mo |
| 8.60% | $8,691/mo | $10,089/mo | +$783/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 7.60% (Mortgage News Daily, as of October 23, 2026). Estimate only; not a loan offer.
Owning 1502 Shelby Ave runs about $9,306/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.
The Davidson County appraised value of $1,217,800 trails the $1,400,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $8,567 now to roughly $9,849 (appraised value times the 25% Tennessee residential ratio times the Davidson County Urban Services District rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Davidson County Assessor of Property and Trustee. Estimate only.
| Metric | This home | Nashville 37206 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $481 | $356 median | $457 median |
| Price position | 80th pctile | +35% vs median | ~100% of list |
| Recent closings | - | - | 4 sales |
This listing beside the active Nashville 37206 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 24, 2026.
Among the 272 active homes in Nashville 37206, this home at $481/sq ft falls in the 80th percentile on price per square foot.
Computed by Grant Hammond from 272 Nashville 37206 comparables (Realtracs via IDX), as of October 24, 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 | 2 in Edgefield Land |
|---|---|
| Recent absorption | about 1.2 sales / mo |
| Months of inventory | 1.7 months, a seller-favored market (tight supply) |
Over the past 12 months, homes in Edgefield Land sold at about 100% of list price.
Recorded sales in Edgefield Land: 8 in the past 12 months.
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 October 24, 2026.
1502 Shelby Ave sits in Edgefield Land, Nashville, Davidson County.
In Nashville 37206, homes there are priced around $356 per square foot; inventory in Edgefield Land is running at about 1.7 months, a seller-favored market; recent sales in Edgefield Land closed near 100% of list price; 4 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 24, 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.
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 26, 2026), 1502 Shelby Ave, Nashville is pending, 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.
The listing photos show a two-story home with cream siding, a dark gray accent and a covered wraparound front porch in Nashville. Features seen in the photos include covered front porch, wraparound porch, in-ground pool, composite deck, covered sitting area and fire pit. Described from the Realtracs listing photos.
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 $9,306 a month with 20% down on a 30-year fixed at 7.60%, principal and interest $7,908, 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 and hundreds of millions in luxury closings. 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 35% above the Nashville 37206 median; recent comparable sales in Nashville 37206 closed near $457 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Edgefield Land market is currently seller-favored (tight supply), at about 1.7 months of inventory; recent sales have closed near 100% of list price over the past year, per Realtracs as of October 24, 2026.
Thinking of selling in Edgefield Land?
Get a data-driven estimate of your home's value from Grant Hammond, Compass RE.
