NOT LISTED FOR SALE

1505 Electric Ave Nashville, TN 37206

Shelby Hills Neighborhood

Estimated Value: $344,000 - $380,000

2 Beds
1 Bath
630 Sq Ft
$567/Sq Ft Est. Value

Sale Details

Date Sold: August 13, 2020

Last sale price $250,000 $397 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,177 / mo

Highlights

  • Wood Flooring
  • Cooling Available
  • Property has 1 Level
  • Cottage
  • Central Heating

About This Home

As of August 2020

Under contract. Sold before listing.

Last Agent to Sell the Property

Michael Gallagher

Crye-Leike, Realtors License # 302413 Listed on: 07/30/2020

Crye-Leike, Realtors

Last Buyer's Agent

Kelly Easter

Benchmark Realty, LLC License #324581

Benchmark Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,596

Year Built

  • Built in 1951

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 46 x 121

Parking

  • Driveway

Home Design

  • Cottage

Interior Spaces

  • 630 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Kipp Academy Nashville Elementary School
  • Stratford Stem Middle School
  • Stratford Comp High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Shelby Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09401041700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,596

Year Built

Built in 1951

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1951
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 630
  • Building Area Units: Square Feet
  • Living Area: 630
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.19
  • Lot Size: 46 X 121
  • Lot Size Units: Acres
  • Parcel #: 09401041700
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1596

MLS Schools

  • Elementary School: KIPP Academy Nashville
  • High School: Stratford Comp High School
  • Middle Or Junior School: Stratford STEM

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2025
Sold by
Easter Kelly
Bought by
Mcelroy Kathleen Lucille
Current Estimated Value
$357,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,425
Outstanding Balance
$249,475
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$107,569

Purchase Details

Listed on
Jul 30, 2020
Closed on
Jul 30, 2020
Sold by
Croghan John
Bought by
Easter Kelly
Seller's Agent
Michael Gallagher
Crye-Leike, Realtors
Buyer's Agent
Kelly Easter
Benchmark Realty, LLC
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$200,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2009
Sold by
Nicols Andrea
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 13, 2009
Sold by
Federal National Mortgage Association
Bought by
Croghan John

Purchase Details

Closed on
Sep 17, 2009
Sold by
Nicols Andrea
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 6, 2007
Sold by
Nicols Andrea
Bought by
Nicols Arthur E and Nicols Kiyoko

Purchase Details

Closed on
Apr 7, 2005
Sold by
Reyes Martha I
Bought by
Nicols Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,955
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 1999
Sold by
Kelly Bernis E
Bought by
Reyes Martha I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,358
Interest Rate
6.82%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcelroy Kathleen Lucille $350,000 Magnolia Title
Easter Kelly $250,000 Rudy Title & Escrow Llc
Federal National Mortgage Association $44,603 None Available
Croghan John $54,000 Greater Nashville Title & Cl
Federal National Mortgage Association $44,603 None Available
Nicols Arthur E -- Wagon Wheel Title
Nicols Andrea $58,900 Realty Title & Escrow Co Inc
Reyes Martha I $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelroy Kathleen Lucille $286,425
Previous Owner Easter Kelly $200,000
Previous Owner Nicols Andrea $55,955
Previous Owner Reyes Martha I $50,358
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2020 08/13/20 Sold $250,000 0.0% $397 / Sq Ft
07/30/2020 07/30/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $250,000 -- $397 / Sq Ft
Source: Realtracs

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,042 $108,100 $95,000 $13,100
2024 $2,082 $63,975 $45,000 $18,975
2023 $2,082 $63,975 $45,000 $18,975
2022 $2,082 $63,975 $45,000 $18,975
2021 $2,104 $63,975 $45,000 $18,975
2020 $2,136 $50,600 $35,000 $15,600
2019 $1,596 $50,600 $35,000 $15,600
2018 $1,596 $50,600 $35,000 $15,600
2017 $1,596 $50,600 $35,000 $15,600
2016 $730 $16,175 $6,250 $9,925
2015 $730 $16,175 $6,250 $9,925
2014 $730 $16,175 $6,250 $9,925
Source: Public Records

Agents Affiliated with this Home

  • Michael Gallagher

    Seller's Agent in 2020

    Michael Gallagher

    Crye-Leike

    (615) 430-5017

    4 in this area

    85 Total Sales

    Michael Gallagher
    Section Image
  • Kelly Easter

    Buyer's Agent in 2020

    Kelly Easter

    Benchmark Realty, LLC

    (615) 418-4916

    8 in this area

    47 Total Sales

    Kelly Easter
    Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2174626

Realtracs

APN: 094-01-0-417

Tennessee Davidson County Nashville 37206 Shelby Hills

1505 Electric Ave, Nashville, TN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.