318 Forest Park Rd is a 1,985 square foot multi-family home on a 0.5 acre lot with 4 bedrooms and 3 bathrooms. Based on Redfin's Madison data, we estimate the home's value is $377,019.
Multi-familyProperty Type
1940Year Built
0.5 acresLot Size
$190Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$377,019
$20K since August
Recently sold homes
Estimate history
This home's estimate is 10.5% higher than the average sale price ($341K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$2,328 (+17.9%)
$29,250 + $53,475
$82,725
2024
$1,974
$14,625 + $46,050
$60,675
2023
$1,974
$14,625 + $46,050
$60,675
2022
$1,974 (−1.0%)
$14,625 + $46,050
$60,675
2021
$1,995 (+27.5%)
$14,625 + $46,050
$60,675
2020
$1,565 (+33.8%)
$7,500 + $29,575
$37,075
2019
$1,170
$7,500 + $29,575
$37,075
2018
$1,170
$7,500 + $29,575
$37,075
2017
$1,169 (−0.2%)
$7,500 + $29,575
$37,075
2016
$1,171
$7,500 + $29,575
$37,075
2015
$1,171
$5,800 + $24,050
$29,850
2014
$1,171
$5,800 + $24,050
$29,850
Tax history for 318 Forest Park Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,328 (+17.9%)
$29,250 + $53,475
$82,725
2024
$1,974
$14,625 + $46,050
$60,675
2023
$1,974
$14,625 + $46,050
$60,675
2022
$1,974 (−1.0%)
$14,625 + $46,050
$60,675
2021
$1,995 (+27.5%)
$14,625 + $46,050
$60,675
2020
$1,565 (+33.8%)
$7,500 + $29,575
$37,075
2019
$1,170
$7,500 + $29,575
$37,075
2018
$1,170
$7,500 + $29,575
$37,075
2017
$1,169 (−0.2%)
$7,500 + $29,575
$37,075
2016
$1,171
$7,500 + $29,575
$37,075
2015
$1,171
$5,800 + $24,050
$29,850
2014
$1,171
$5,800 + $24,050
$29,850
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RS5
Single-Family Districts
Designed for higher intensity single-family development, these districts are appropriate for implementing the residential medium density policies of the general plan. As a general rule, these districts should have good access to either arterial or collector streets with the RS3.75 and RS3.75-A districts located in proximity to mass transit service.
Permitted uses
Include but are not limited to:
Garden center
Housing-Single unit
Waste transfer station
Park & open space
Property details
Interior
Bathroom Information
# of Full Baths: 3
# of Bathroom Fixtures: 13
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Central
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Room Information
# of Rooms: 9
Exterior
Exterior Information
Physical Condition: Average
Foundation Type: Unknown With Crawlspace
Exterior Wall: Frame
Roof Covering Type: Asphalt
Roof Shape Type: Asphalt
Building Type: Duplex
Property Information
Living Sq. Ft: 1,985
Ground Floor Sq. Ft: 720
Building Sq. Ft: 2,977
# of Units: 2
# of Stories: 1.5
Stories Type: 1 1/2
Legal Description: LOT PTS 41, 42 & 43 BLK I FOREST PARK
Parking & Garage Information
Parking Type: Attached Frame Garage
Garage/Parking Sq. Ft: 992
Garage / Carport Type: Attached Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 21,780
Legal Block Number: I
Municipality Name: URBAN SERVICES DISTRICT
Acres: 0.5
Depth Footage: 311
Front Footage: 72
Zoning Code: RS5
County Use Description: DUPLEX
Financial
Assessor Information
Assessment Year: 2025
Tax Area: 55-USD
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 1,985
Stories: 1.5
Lot Size: 0.5 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1940
Year Renovated: 1940
County: Davidson County
APN: 04313039000
Home facts updated by county records on Aug 10, 2026
Around this home
Schools
Stratton Elementary School
Public PreK-5 • Assigned • 0.3mi
4/10
Madison Middle Prep
Public 6-8 • Assigned • 0.8mi
4/10
Hunters Lane Comp High School
Public 9-12 • Assigned • 3.1mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 105° expected this year, 21 days in 30 years
4/10 Wind Factor
9% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Madison, TN • 37115
Average low and high temperatures (°F)
44
25
55
34
70
46
77
54
79
60
88
68
93
74
89
69
85
64
76
53
63
45
52
36
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 4.1 hours in December, placing it below the
U.S. average for solar exposure.
9.3 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$359,000 – $434,000
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