$549,749

500 Creative Way Unit 13 Madison, TN 37115

Estimated payment $3,523/month

Total Views 3,015
2 Beds
2.5 Baths
1,599 Sq Ft
$344 Price per Sq Ft

Highlights

  • City View
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Deck
  • End Unit
  • Walk-In Closet

About This Home

Don't miss the best unit in the 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 (STR)/Airbnb via a Non-Owner Occupied Short-Term Rental Permit NOOSTRP. This unit is one of only 4 in the complex with a large 2-car garage. Garage floor has been upgraded with epoxy floor covering. The kitchen island was updated to allow for more seating. Both bedrooms have had carpet removed and upgraded laminate floors added. The rooftop deck has also been upgraded with the former pressure-treated decking removed and new TREX decking and a built-in rooftop bar being added. Profit and Loss numbers for 2023 and 2024 YTD are attached in the Media section

Listing Agent

Tyler Faulkner

Green List Realty, LLC Brokerage Phone: 6154283755 License # 337982 Listed on: 07/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,337

Year Built

  • Built in 2020

Lot Details

  • 871 Sq Ft Lot
  • End Unit
  • Level Lot

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Lot
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Membrane Roofing

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Interior Storage Closet
  • City Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Indoor Smart Camera
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 051100I01600CO

Community Details

Overview

  • $500 One-Time Secondary Association Fee
  • Association fees include ground maintenance, trash
  • Niche Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,337

Year Built

Built in 2020

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Horizontal Property Regime - Attached
  • Architectural Style: Contemporary
  • Year Built: 2020
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: Existing
  • Attribution Contact: 6154283755
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Ceiling Fan(s), Extra Closets, Open Floorplan, Smart Camera(s)/Recording, Walk-In Closet(s), High Speed Internet
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Oven, Cooktop
  • Flooring: Laminate, Tile
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: None
  • Above Grade Finished Sq Ft: 1536
  • Below Grade Sq Ft: 63
  • Building Area Units: Square Feet
  • Living Area: 1599
  • Living Area Units: Square Feet

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Fiber Cement
  • Foundation Details: Slab
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Membrane
  • Topography: Level
  • View: City
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Parking Features: Garage Faces Rear, Assigned, Parking Lot
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Trash
  • Association Fee: 190
  • Association #2 Fee: 500
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Amenities: Sidewalks
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.02
  • Lot Size Units: Acres
  • Parcel #: 051100I01600CO
  • Property Attached Yn: Yes

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4337

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,337 $133,280 $24,000 $109,280
2023 $4,337 $133,280 $24,000 $109,280
2022 $3,155 $133,280 $24,000 $109,280
2021 $2,739 $83,300 $15,000 $68,300
2020 $457 $10,825 $8,250 $2,575
2019 $260 $8,250 $8,250 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $549,749 0.0% $344 / Sq Ft
07/29/2025 07/29/25 Price Changed $549,995 0.0% $344 / Sq Ft
07/15/2025 07/15/25 For Sale $549,999 +4.8% $344 / Sq Ft
09/15/2022 09/15/22 Sold $525,000 0.0% $353 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $524,999 +43.8% $353 / Sq Ft
03/02/2021 03/02/21 Sold $364,999 0.0% $245 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $364,999 -- $245 / Sq Ft
Source: Realtracs

Purchase History

Date Type Sale Price Title Company
Warranty Deed $524,999 Commerce Title
Quit Claim Deed -- None Available
Warranty Deed $364,999 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 Balloon
Previous Owner $291,999 New Conventional
Source: Public Records

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Source: Realtracs

MLS Number: 2942032

Realtracs

APN: 051-10-0I-016-00