Excellent investment opportunity in the rapidly growing Madison area! BRING ALL OFFERS! This unit offers strong rental potential, Perfect for investors or first-time buyers looking to build equity. Buyer’s agent to verify all pertinent information. Property is subject to HOA governance. Buyer to independently verify HOA financials, reserve balances, pending or proposed repairs, assessments, and amenity status. Seller makes no representations regarding future HOA actions or costs.
Active
$174,900
323 Forest Park Rd #5-16, Madison, TN 37115
2beds
1,050sqft
Est.:
Single Family Residence, Residential, Condominium
Built in 1969
-- sqft lot
$-- Zestimate®
$167/sqft
$220/mo HOA
What's special
- 15 days |
- 263 |
- 15 |
Zillow last checked: 8 hours ago
Listing updated: December 22, 2025 at 09:53am
Listing Provided by:
Adam Walters 601-543-9292,
Parks Compass 615-383-6600
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3067106
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Oven, Electric Range, Dishwasher, Dryer, Washer
Features
- Flooring: Laminate
- Basement: Crawl Space
- Common walls with other units/homes: End Unit
Interior area
- Total structure area: 1,050
- Total interior livable area: 1,050 sqft
- Finished area above ground: 1,050
Property
Features
- Levels: One
- Stories: 2
Lot
- Size: 435.6 Square Feet
Details
- Parcel number: 043130A06400CO
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Single Family Residence, Residential, Condominium
- Attached to another structure: Yes
Materials
- Brick
Condition
- New construction: No
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Robin Hood
HOA
- Has HOA: Yes
- HOA fee: $220 monthly
Location
- Region: Madison
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $67,700
- Annual tax amount: $551
- Date on market: 12/19/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Listed for sale | $174,900-14.7%$167/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3067106 Report a problem | ||
| 11/27/2025 | Listing removed | $205,000$195/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3039890 Report a problem | ||
| 11/5/2025 | Price change | $205,000+32.3%$195/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3039890 Report a problem | ||
| 1/14/2022 | Pending sale | $154,900$148/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2299702 Report a problem | ||
| 1/13/2022 | Sold | $154,900$148/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2299702 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $551 | $16,925 |
| 2023 | $551 | $16,925 |
| 2022 | $551 -1% | $16,925 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,228/mo
Principal & interest
$867
HOA Fees
$220
Other costs
$141
Climate risks
Neighborhood: Heron Walk
Nearby schools
GreatSchools rating
- 4/10Stratton Elementary SchoolGrades: PK-5Distance: 1 mi
- 4/10Madison Middle PrepGrades: 6-8Distance: 0.9 mi
- 4/10Hunters Lane Comp High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Stratton Elementary
- Middle: Madison Middle
- High: Hunters Lane Comp High School
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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