$110,000
SOLD JAN 18, 2021

323 Forrest Park Rd Unit 1-16 Madison, TN 37115

Heron Walk Neighborhood
1 Bed
1 Bath
621 Sq Ft
$135/mo HOA Fee

Recently Sold

$177 Per Sq Ft

3% Below List Price

55 Days on Market

Highlights

  • Cooling Available
  • Central Heating
  • ENERGY STAR Qualified Windows
  • Tile Flooring
  • ENERGY STAR Qualified Water Heater

About This Home

As of August 2022

Fully furnished investment property current rent $975 a month.

Last Agent to Sell the Property

Therese Winnington

T. Lewis Real Estate & Design, LLC License # 325904 Listed on: 10/27/2020

Last Buyer's Agent

Tony De La Rosa

HALO Realty, LLC License #335115

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $332

Year Built

  • Built in 1969

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Cellulose Insulation

Interior Spaces

  • 621 Sq Ft Home
  • Property has 1 Level
  • ENERGY STAR Qualified Windows

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

Schools

  • Neelys Bend Elementary School
  • Neelys Bend Middle School
  • Hunters Lane Comp High School

Utilities

  • Cooling Available
  • Central Heating
  • ENERGY STAR Qualified Water Heater

Listing and Financial Details

  • Assessor Parcel Number 043130A01600CO

Community Details

Overview

  • Association fees include exterior maintenance, ground maintenance, trash
  • Robin Hood Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$332

Year Built

Built in 1969

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Flat Condo
  • Year Built: 1969
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RENOV
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 621
  • Building Area Units: Square Feet
  • Living Area: 621
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Maintenance Grounds, Trash
  • Association Fee: 135
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Green Features

  • Efficiency: Cellulose Insulation, Energy Star Hot Water Heater, Windows

Lot Info

  • Lot Size Units: Acres
  • Parcel #: 043130A01600CO
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 332

MLS Schools

  • Elementary School: Neelys Bend Elementary
  • High School: Hunters Lane Comp High School
  • Middle Or Junior School: Neelys Bend Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Aug 8, 2022
Sold by
Ashley Purdy
Bought by
Johnson Glynise D and Wynn Angel
Seller's Agent
Tony De La Rosa
HALO Realty, LLC
Buyer's Agent
Natasha Whiteside
Benchmark Realty
List Price
$148,000
Sold Price
$140,000
Premium/Discount to List
-$8,000
-5.41%
Current Estimated Value
$120,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,635
Avg. Annual Appreciation
-4.77%
Original Mortgage
$112,000
Outstanding Balance
$107,602
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$12,763

Purchase Details

Listed on
Oct 27, 2020
Closed on
Jan 19, 2021
Sold by
Pni Llc
Bought by
Purdy Ashley
Seller's Agent
Therese Winnington
T. Lewis Real Estate & Design, LLC
Buyer's Agent
Tony De La Rosa
HALO Realty, LLC
List Price
$113,500
Sold Price
$110,000
Premium/Discount to List
-$3,500
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.83%
Original Mortgage
$52,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2018
Sold by
Arnt Melvil Martin and Rhun Melvil Le
Bought by
Branch Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2017
Sold by
Alva Luis A
Bought by
Rhun Melvil Le
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $140,000 Smith Sholar Milliken Pllc
Warranty Deed $110,000 Victory Title & Escrow
Warranty Deed $50,000 Rudy Title & Escrow Llc
Warranty Deed $29,285 Esquire Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,000 New Conventional
Previous Owner $52,000 New Conventional
Previous Owner $40,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $140,000 +7.8% $225 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
07/02/2022 07/02/22 Price Changed $129,900 -7.1% $209 / Sq Ft
06/16/2022 06/16/22 Price Changed $139,900 -5.5% $225 / Sq Ft
03/18/2022 03/18/22 For Sale $148,000 0.0% $238 / Sq Ft
03/18/2022 03/18/22 Price Changed $148,000 +2.4% $238 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $144,500 +31.4% $233 / Sq Ft
01/18/2021 01/18/21 Sold $110,000 -3.1% $177 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $113,500 -- $183 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

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
2024 $638 $19,600 $2,750 $16,850
2023 $638 $19,600 $2,750 $16,850
2022 $742 $19,600 $2,750 $16,850
2021 $644 $19,600 $2,750 $16,850
2020 $444 $10,525 $2,500 $8,025
2019 $332 $10,525 $2,500 $8,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2201887

Realtracs

APN: 043-13-0A-016-00