NOT LISTED FOR SALE

500 Creative Way Unit 12 Madison, TN 37115

Madison Neighborhood

Estimated Value: $380,211

2 Beds
2.5 Baths
1,198 Sq Ft
$317/Sq Ft Est. Value

Sale Details

Date Sold: April 9, 2021

Last sale price $315,000 $263 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,410 / mo

Highlights

  • New Construction
  • Great Room
  • Tile Flooring
  • City View
  • Eat-In Kitchen
  • Central Heating

About This Home

As of April 2021

Beautiful, brand new homes in the one-of-a-kind Niche complex on the Madison/Nashville border. High-end finishes and rooftop decks provide for great amenities for the end user. True value lies in the Zoning. With OR-40 zoning, property can be primary residence, long-term rental, office or short-term rental/Airbnb. With Cost Segregation estimates putting the Year 1 depreciation for these homes at almost $89,000, the unit basically pays for itself. $13 in an Uber to Broadway.

Last Agent to Sell the Property

Tyler Faulkner

Green List Realty, LLC License # 337982 Listed on: 02/04/2021

Last Buyer's Agent

Traci Roberts

Parks Compass License #325714

Parks Compass

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 436 Sq Ft Lot
  • Level Lot

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 1,198 Sq Ft Home
  • Property has 2 Levels
  • Great Room
  • City Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Chadwell Elementary School
  • Gra-Mar Middle School
  • Maplewood Comp High School

Utilities

  • Cooling Available
  • Central Heating
  • Underground Utilities

Community Details

  • $150 One-Time Secondary Association Fee
  • Association fees include exterior maintenance, ground maintenance, pest control, trash
  • Niche Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051100I02600CO

Property Details

Home Type

Multi-Family

Year Built

Built in 2020 | New Construction

Lot Details

436 Sq Ft Lot

HOA Fees

$135 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Horizontal Property Regime - Attached
  • Year Built: 2020
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Freezer, Microwave
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 1198
  • Building Area Units: Square Feet
  • Living Area: 1198
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Fiber Cement
  • Pool Private: No
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Maintenance Grounds, Pest Control, Trash
  • Association Fee: 135
  • Association #2 Fee: 150
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Amenities: Underground Utilities
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.01
  • Lot Size Units: Acres
  • Parcel #: 051100I02600CO
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1

MLS Schools

  • Elementary School: Chadwell Elementary
  • High School: Maplewood Comp High School
  • Middle Or Junior School: Gra-Mar Middle School

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
Feb 4, 2021
Closed on
Apr 8, 2021
Sold by
Ellington Group Gp
Bought by
Seller's Agent
Tyler Faulkner
Green List Realty, LLC
Buyer's Agent
Traci Roberts
Parks Compass
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$380,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,211
Avg. Annual Appreciation
3.52%
Original Mortgage
$267,750
Outstanding Balance
$236,133
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$144,078
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madison, TN

  • Linda Stevenson Real Estate Agent - Kijiji Realty

    Linda Stevenson

    Kijiji Realty

    (615) 640-3146

    29 Total Sales

    1 in Madison

    $1,700 Price

    Linda Stevenson
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  • Robert Werkheiser Real Estate Agent - Zeitlin Sotheby's International Realty

    Robert Werkheiser

    Zeitlin Sotheby's International Realty

    (615) 437-8307

    55 Total Sales

    1 in Madison

    $250,000 Price

    Robert Werkheiser
     Section Image
  • Judy Roark Real Estate Agent - Crye-Leike, Inc., REALTORS

    Judy Roark

    Crye-Leike, Inc., REALTORS

    (615) 258-6241

    44 Total Sales

    2 in Madison

    $200K - $255K Price Range

    Judy Roark
     Section Image
  • David Paine Real Estate Agent - Onward Real Estate

    David Paine

    Onward Real Estate

    (615) 703-8096

    54 Total Sales

    1 in Madison

    $1,087,000 Price

    David Paine
     Section Image
  • Kyle Shults Real Estate Agent - C & S Residential

    Kyle Shults

    C & S Residential

    (615) 880-9286

    119 Total Sales

    2 in Madison

    $228K - $750K Price Range

    Kyle Shults
     Section Image
  • Suzanne Carlisle Real Estate Agent - simpliHOM

    Suzanne Carlisle

    simpliHOM

    (615) 590-5650

    39 Total Sales

    5 in Madison

    $300K - $425K Price Range

    Suzanne Carlisle
     Section Image
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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
$315,000 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 $267,750
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
04/09/2021 04/09/21 Sold $315,000 0.0% $263 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $315,000 -- $263 / 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 $3,082 $109,525 $21,500 $88,025
2024 $2,479 $76,175 $15,000 $61,175
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

  • Tyler Faulkner Real Estate Agent - Green List Realty, LLC

    Seller's Agent in 2021

    Tyler Faulkner

    Green List Realty, LLC

    (615) 800-2222

    3 in this area

    105 Total Sales

    Tyler Faulkner
    Section Image

  • TR

    Buyer's Agent in 2021

    Traci Roberts

    Parks Compass

    (615) 522-5100

    1 in this area

    28 Total Sales

    Traci Roberts
    Section Image
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Map

Source: Realtracs

MLS Number: RTC2226128

Realtracs

APN: 051-10-0I-001-00

Tennessee Davidson County Nashville 37115 Madison

500 Creative Way Unit 12, Nashville, TN

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.

Realtracs 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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