NOT LISTED FOR SALE

500 Creative Way Unit 16 Madison, TN 37115

Madison Neighborhood

Estimated Value: $444,430

2 Beds
2.5 Baths
1,489 Sq Ft
$298/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2021

Last sale price $364,999 $245 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,001 / mo

Highlights

  • New Construction
  • Great Room
  • Cooling Available
  • City View
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of March 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: 01/11/2021

Last Buyer's Agent

Tyler Faulkner

Green List Realty, LLC License # 337982 Listed on: 01/11/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 436 Sq Ft Lot

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 1,489 Sq Ft Home
  • Property has 3 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: Three Or More
  • 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: 1489
  • Building Area Units: Square Feet
  • Living Area: 1489
  • 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
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • 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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
03/15/2021 03/15/21 Sold $364,999 0.0% $245 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $364,999 -- $245 / Sq Ft
Source: Realtracs

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: RTC2219260

Realtracs

APN: 051-10-0I-013-00

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