Quaint upstairs unit with large living space. Great investment opportunity with a 9.5% cap rate! Currently a well maintained rental unit with lease until 11/30/24. Please do not disturb tenant.
Closed
$120,000
1301 Neelys Bend Rd #72, Madison, TN 37115
1beds
680sqft
Apartment, Residential, Condominium
Built in 1976
-- sqft lot
$135,500 Zestimate®
$176/sqft
$1,191 Estimated rent
Home value
$135,500
$129,000 - $142,000
$1,191/mo
Zestimate® history
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$1,191/mo
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$742/mo
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Zillow last checked: 8 hours ago
Listing updated: May 17, 2024 at 09:10am
Listing Provided by:
Shannan Maxwell 615-249-8703,
eXp Realty
Bought with:
London Fairs, 368421
Reliant Realty ERA Powered
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2647306
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Bedroom 1
- Features: Extra Large Closet
- Level: Extra Large Closet
- Area: 144 Square Feet
- Dimensions: 12x12
Dining room
- Area: 64 Square Feet
- Dimensions: 8x8
Kitchen
- Area: 80 Square Feet
- Dimensions: 8x10
Living room
- Area: 400 Square Feet
- Dimensions: 20x20
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Electric Oven, Electric Range
Features
- Ceiling Fan(s), Entrance Foyer, Extra Closets
- Flooring: Carpet, Laminate, Tile
- Basement: Slab
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 680
- Total interior livable area: 680 sqft
- Finished area above ground: 680
Property
Parking
- Total spaces: 1
- Parking features: Assigned
- Uncovered spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 871.20 sqft
Details
- Parcel number: 052160A07200CO
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Apartment, Residential, Condominium
- Attached to another structure: Yes
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Madison
- Subdivision: Neelys Bend Condominiums
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $180 monthly
- Services included: Maintenance Grounds, Insurance, Trash
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2025 | Listing removed | $140,999$207/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2964099 Report a problem | ||
| 9/17/2025 | Price change | $140,999-2.8%$207/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2964099 Report a problem | ||
| 7/31/2025 | Listed for sale | $145,000+20.8%$213/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2964099 Report a problem | ||
| 5/17/2024 | Sold | $120,000$176/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2647306 Report a problem | ||
| 5/1/2024 | Pending sale | $120,000$176/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2647306 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $32,175 +67.1% |
| 2024 | $562 | $19,250 |
| 2023 | $562 | $19,250 |
Find assessor info on the county website
Neighborhood: Heron Walk
Nearby schools
GreatSchools rating
- 3/10Neely's Bend Elementary SchoolGrades: PK-5Distance: 0.3 mi
- NABoy's PrepGrades: 7Distance: 1.5 mi
- 4/10Hunters Lane Comp High SchoolGrades: 9-12Distance: 5.2 mi
Schools provided by the listing agent
- Elementary: Neely's Bend 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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Estimated market value
$135,500
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
$135,500
- Tennessee
- Davidson County
- Nashville
- 37115
- Heron Walk
- 1301 Neelys Bend Rd Unit 72