Gwen Dowland
Responds Quickly
RE/MAX Choice Properties
(629) 333-1371
274 Total Sales
1 in Madison
$599,900 Price
500 Creative Way Unit 11 Madison, TN 37115
Madison NeighborhoodEstimated Value: $353,348 - $423,000
2
Beds
2.5
Baths
1,198
Sq Ft
$329/Sq Ft
Est. Value
Highlights
- Deck
- Covered Patio or Porch
- Walk-In Closet
- Contemporary Architecture
- Eat-In Kitchen
- Tile Flooring
About This Home
As of August 2023Presenting a stunning townhome within the unique Niche complex. High-end finishes and rooftop decks elevate the living experience, offering exceptional amenities for residents. The property's real value lies in its versatile OR-40 zoning, allowing for use as a primary residence, long-term rental, office space, or short-term rental/Airbnb. Notably, Cost Segregation estimates indicate a substantial Year 1 depreciation of nearly $110,000, making it a potentially self-sustaining investment property. Moreover, its convenient proximity, just a $13 Uber ride away from Broadway, enhances its desirability and accessibility to Nashville's vibrant city life.
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Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,479
Year Built
- Built in 2020
Lot Details
- 436
HOA Fees
- $205 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 1,198 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Interior Storage Closet
Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Assigned Parking
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Chadwell Elementary School
- Gra-Mar Middle School
- Maplewood Comp High School
Additional Features
- 436 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- $500 One-Time Secondary Association Fee
- Association fees include ground maintenance, trash
- Niche Subdivision
Listing and Financial Details
- Assessor Parcel Number 051100I00200CO
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2023
Closed on
Aug 11, 2023
Sold by
Notario Ian and Merry Susan
Bought by
Seller's Agent
Nam Luu
Synergy Realty Network, LLC
Buyer's Agent
Nam Luu
Synergy Realty Network, LLC
List Price
$425,000
Sold Price
$425,000
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,704
Avg. Annual Appreciation
-2.43%
Original Mortgage
$412,250
Outstanding Balance
$398,895
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
-$5,058
Purchase Details
Listed on
Feb 5, 2021
Closed on
Apr 29, 2021
Sold by
Ellington Group Gp
Bought by
Notario Ian and Merry Susan
Seller's Agent
Tyler Faulkner
Green List Realty, LLC
Buyer's Agent
Tyler Faulkner
Green List Realty, LLC
List Price
$319,999
Sold Price
$320,000
Premium/Discount to List
$1
0.0%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%
Original Mortgage
$300,000
Interest Rate
3%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Madison, TN
-
Gwen Dowland
-
Jake Burns
Jake Burns
Compass
(877) 544-4661
56 Total Sales
1 in Madison
$380,000 Price
-
Eddie Cassetty
Eddie Cassetty
American Dreams Realty, LLC
(629) 333-0042
39 Total Sales
1 in Madison
$282,500 Price
-
Sunshine Weaver
Sunshine Weaver
Zeitlin Sotheby's International Realty
(615) 205-9155
67 Total Sales
1 in Madison
$530,000 Price
-
Jonathan Dobson
Jonathan Dobson
Jefferson West Real Estate, LLC
(615) 703-9031
20 Total Sales
1 in Madison
$249,900 Price
-
Joni Miller
Joni Miller
Wilson Group Real Estate
(615) 570-3949
142 Total Sales
4 in Madison
$97K - $224K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $425,000 | None Listed On Document | ||
| Notario Ian | $319,999 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $412,250 | ||
| Previous Owner | Notario Ian | $300,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/11/2023 08/11/23 | Sold | $425,000 | 0.0% | $355 / Sq Ft | |
| 07/20/2023 07/20/23 | Pending | -- | -- | -- | |
| 07/20/2023 07/20/23 | For Sale | $425,000 | +32.8% | $355 / Sq Ft | |
| 04/29/2021 04/29/21 | Sold | $320,000 | 0.0% | $267 / Sq Ft | View Prior Sale |
| 02/21/2021 02/21/21 | Pending | -- | -- | -- | |
| 02/05/2021 02/05/21 | For Sale | $319,999 | -- | $267 / Sq Ft |
Source: Realtracs
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $4,931 | $175,240 | $34,400 | $140,840 |
| 2024 | $3,906 | $120,040 | $24,000 | $96,040 |
| 2023 | $2,479 | $76,175 | $15,000 | $61,175 |
| 2022 | $2,886 | $76,175 | $15,000 | $61,175 |
| 2021 | $2,505 | $76,175 | $15,000 | $61,175 |
| 2020 | $348 | $8,250 | $8,250 | $0 |
| 2019 | $260 | $8,250 | $8,250 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nam Luu
Seller's Agent in 2023
Nam Luu
Synergy Realty Network, LLC
(615) 870-7309
1 in this area
84 Total Sales
-
Tyler Faulkner
Seller's Agent in 2021
Tyler Faulkner
Green List Realty, LLC
(615) 800-2222
3 in this area
105 Total Sales
Map
Source: Realtracs
MLS Number: RTC2550917
APN: 051-10-0I-002-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393 - 17600 Laguna Canyon Rd, Irvine, CA 92618.
Based on information submitted to the MLS GRID
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