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  • $699,900

    1216 Preston Dr, Nashville, TN 37206

    4beds
    1,814sqft
    Single Family Residence, Residential
    Built in 1959
    0.55 Acres Lot
    $699,800 Zestimate®
    $386/sqft
    $2,643 Estimated rent

    Home value

    $699,800

    $665,000 - $735,000

    $2,643/mo

    Zestimate® history
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    $4,130/mo

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    What's special

    Beautifully renovated mid-century ranch in the heart of East Nashville offering a rare blend of flexibility and income potential. Featuring 4 bedrooms and 2 full baths, this home is thoughtfully configured with 3 bedrooms and 1 bath on the main level, plus a fully separate walk-out basement apartment with 1 bedroom, 1 bath, kitchenette, living area, and private entrance. Ideal for short-term rental or extended stay, the lower level presents an opportunity to generate substantial income that could offset a significant portion—potentially even the entirety—of the mortgage. For those not seeking rental income, the basement offers exceptional versatility as a music studio, in-law suite, home office, gym, or creative space. The home also features a brand-new kitchen, updated baths, fresh paint, modern lighting, and an attached garage. Situated on an oversized lot just over half an acre—extending beyond the rear picket fence to the neighboring privacy fence—and zoned for sought-after Rosebank Elementary, this property combines space, location, and lifestyle in one compelling offering.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Drimmer 609-462-6636,

    Compass Tennessee, LLC

    Bought with:

    Jacob Kupin, 336012

    Compass RE

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3186931MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bedrooms: 3
    Bedroom 1
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 2
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 3
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 4
    • Area: 414 Square Feet
    • Dimensions: 23x18
    Dining room
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Kitchen
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Living room
    • Area: 196 Square Feet
    • Dimensions: 14x14
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Electric Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Ceiling Fan(s), Extra Closets, In-Law Floorplan, Open Floorplan
    • Flooring: Wood, Tile
    • Basement: Apartment,Finished,Full
    Interior area
    • Total structure area: 1,814
    • Total interior livable area: 1,814 sqft
    • Finished area above ground: 1,125
    • Finished area below ground: 689

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached, Driveway
    • Attached garage spaces: 2
    • Uncovered spaces: 4
    Features
    • Levels: Two
    • Stories: 1
    Lot
    • Size: 0.55 Acres
    • Dimensions: 100 x 260
    Details
    • Parcel number: 08304012100
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Water Available

    Community & HOA

    Community
    • Subdivision: Rosebank
    HOA
    • Has HOA: No
    Location
    • Region: Nashville

    Financial & listing details

    • Price per square foot: $386/sqft
    • Tax assessed value: $581,400
    • Annual tax amount: $4,090
    • Date on market: 5/3/2026
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/15/2026Sold$699,900$386/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3186931 Report a problem
    5/11/2026Contingent$699,900$386/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3186931 Report a problem
    5/6/2026Listed for sale$699,900+20.7%$386/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3186931 Report a problem
    3/1/2024Sold$580,000-3.2%$320/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2594518 Report a problem
    2/2/2024Contingent$599,000$330/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2599436 Report a problem
    1/31/2024Price change$599,000-4.2%$330/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2599436 Report a problem
    1/11/2024Listed for sale$625,000$345/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2594518 Report a problem
    1/6/2024Contingent$625,000$345/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2594518 Report a problem
    11/28/2023Listed for sale$625,000+121.2%$345/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2594518 Report a problem
    11/13/2023Listing removed--
    Source: Zillow Rentals Report a problem
    11/1/2023Listed for rent$2,250$1/sqft
    Source: Zillow Rentals Report a problem
    11/16/2015Sold$282,500-2.6%$156/sqft
    Source: Public Record Report a problem
    10/8/2015Price change$289,900-3.3%$160/sqft
    Source: TheDailyClassifieds.Com #1670575 Report a problem
    9/18/2015Listed for sale$299,900+27.6%$165/sqft
    Source: TheDailyClassifieds.Com #1670575 Report a problem
    6/30/2014Sold$234,949+3.1%$130/sqft
    Source: Public Record Report a problem
    5/24/2014Listed for sale$227,900$126/sqft
    Source: Benchmark Realty, LLC #1543575 Report a problem
    4/15/2014Listing removed$227,900$126/sqft
    Source: Benchmark Realty, LLC #1531805 Report a problem
    4/13/2014Listed for sale$227,900+76.7%$126/sqft
    Source: Benchmark Realty, LLC #1531805 Report a problem
    12/19/2008Sold$129,000+4.7%$71/sqft
    Source: Public Record Report a problem
    7/17/2008Sold$123,253-13.2%$68/sqft
    Source: Public Record Report a problem
    10/3/2006Sold$142,000$78/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,090 -25.2%$145,350 -13.5%
    2024$5,468 $168,040
    2023$5,468 +60%$168,040 +60%
    2022$3,418 -1%$105,025
    2021$3,453 +1.6%$105,025 +30.5%
    2020$3,398 +33.8%$80,500
    2019$2,540 $80,500
    2018$2,540 $80,500
    2017$2,540 $80,500 +85.9%
    2016$2,540 +29.9%$43,300
    2015$1,955 $43,300 +29%
    2014$1,955 $33,575
    2013-- $33,575 +3%
    2012-- $32,600
    2011-- $32,600
    2010-- $32,600
    2009-- $32,600 +5.3%
    2008-- $30,950
    2007-- $30,950
    2006-- --
    2005-- --
    2004-- --
    2003-- --
    2002-- --
    2001-- --
    2000-- --
    Find assessor info on the county website

    Neighborhood: Porter Heights

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rosebank Elementary
    • Middle: Stratford STEM Magnet School Lower Campus
    • High: Stratford STEM Magnet School Upper Campus

    Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $699,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $699,800