The Blog of Brian Copeland

Cleveland McFerrin Parks Values By Street (East Nashville)

By Brian Copeland

Nashville’s historic east side is a magnet for so many buyers that prices have risen in some areas well above the price comfort for first time and affordable buyers.  The joy is Lockeland Springs and Eastwood Neighbors’ carbon copy neighborhoods, McFerrin and Cleveland Parks are a little over one-half mile away.  In this amazing edge 37207 neighborhood, you’ll find every style of Victorian, bungalow, Tudor and foursquare you’d find in the pricier 37206 historic neighborhoods…but at third of the price!  If you’re looking to see what street garners what, the following infographic gives you the lay of the land.

The following statistical analysis is based on Middle Tennessee RealTracs MLS data from January 1, 2005 through today’s date.  Once you look over the infographic, make sure you read some explanations as to why the values vary from street to street.

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One of the many Hope VI homes built on Treutland. We sold this home twice.

Treutlan, Truetland, Treutland or however it’s spelled garners top spot (even the street signs and Google Maps spell it differently).  From an outsider’s point of view you’d never be able to guess the reason this street commands its price.  During Bill Clinton’s Presidential administration, he started a neighborhood grant program called The Hope VI Program.  This was a stimulus to find challenged neighborhoods and build or renovate homes to enhance the neighborhood.  Obviously, it worked.  The partnership with The Housing Fund finished the final homes in 2007 before the grants expired.  This was the same grant used to enhance Hope Gardens near Germantown.

One drive down Hancock and you’ll immediately fall in love.  This block is just ridiculously cute; so cute, in fact, it attracted boy band legend Lance Bass (from N*Sync) to purchase a home here, which he sold in 2010.  Neighbors on this street are well-known as one of the most close-knit groups of neighbors on the entire east side.

The streets that didn’t land in the top or the bottom include North 5th Street, North 2nd Street, North 7th Street, North 8th Street, Berry, Grace, Lischey, Stainback, Pennock, Stockell, Cleveland and Meridian.  Historically, Stockell, Lischey and Meridian have the highest number of closings over the $200K mark with the highest closing ever being at 1101 Lischey at $259,000 for this 3700+ square foot, picture-perfect Victorian. Pin It

In 2011, area merchants kicked off the Inaugural Buffalo Festival beside the line of statues on Dickerson Pike.

Joseph’s housing stock is simply amazing.  Some of my favorite architectural homes line this street.  Joseph’s proximity to Dickerson Pike hurts it the most.  Many of the streets mentioned here run north to south and parallel with Dickerson.  Joseph is the closest street.  Dickerson’s current, completely undeserved reputation makes Joseph its victim.  It’s time for the jokes to stop about Dickerson.  If you haven’t driven up Dickerson between downtown and Douglas, you have no right to talk.  Your first impression is the amazing buffalo statues.  The sidewalks and bike lanes make Hillsboro Road blush in comparison.  New and renovated businesses line the street.  If you decide to grab milk, eggs or veggies at The Piggly Wiggly, be ready for your first name to be said and to get a big smile from the owner.

North 6th Street’s second to lowest value, honestly, shocks me.  I used to live on N 6th in the mid-2000s and loved it.  It’s mainly a Victorian cottage street and shares its address with the community center, ballfields and pool.  This is a head-scratcher.  I have no clue.

To search homes in Cleveland and McFerrin Parks click here.