NOT LISTED FOR SALE

500 Creative Way Unit 16 Madison, TN 37115

Madison Neighborhood

Estimated Value: $465,864

2 Beds
2.5 Baths
1,489 Sq Ft
$313/Sq Ft Est. Value

Sale Details

Date Sold: March 15, 2021

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

Est. 28% increase in value since last sale

Current estimated payment $3,059 / mo

Highlights

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

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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

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
Jan 11, 2021
Closed on
Apr 29, 2021
Sold by
Barnes Scott William and Barnes Codi Minister
Bought by
Seller's Agent
Tyler Faulkner
Green List Realty, LLC
Buyer's Agent
Tyler Faulkner
Green List Realty, LLC
List Price
$364,999
Sold Price
$364,999
Current Estimated Value
$465,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,865
Avg. Annual Appreciation
4.53%
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

  • Lynsey Sutton Real Estate Agent - Keys2Potential Real Estate & Design

    Lynsey Sutton

    Keys2Potential Real Estate & Design

    (615) 488-7135

    139 Total Sales

    2 in Madison

    $372K - $420K Price Range

    Lynsey Sutton
     Section Image
  • Kathryn Grindstaff Real Estate Agent - Reliant Realty ERA Powered

    Kathryn Grindstaff

    Reliant Realty ERA Powered

    (615) 639-8604

    8 Total Sales

    1 in Madison

    $304,500 Price

    Kathryn Grindstaff
     Section Image
  • Holly Black Real Estate Agent - Keller Williams Realty Nashville/Franklin

    Holly Black

    Keller Williams Realty Nashville/Franklin

    (615) 903-5348

    161 Total Sales

    1 in Madison

    $265,000 Price

    Holly Black
     Section Image
  • Ruta Panomitros Real Estate Agent - ATLAS GLOBAL REAL ESTATE

    Ruta Panomitros

    ATLAS GLOBAL REAL ESTATE

    (866) 753-4765

    7 Total Sales

    1 in Madison

    $300,000 Price

    Ruta Panomitros
     Section Image
  • Amy Weis Real Estate Agent - Compass RE

    Amy Weis

    Responds Quickly

    Compass RE

    (615) 235-1790

    77 Total Sales

    2 in Madison

    $587K - $625K Price Range

    Amy Weis
     Section Image
  • Elaina Anderson Real Estate Agent - eXp Realty

    Elaina Anderson

    eXp Realty

    (931) 283-2954

    19 Total Sales

    1 in Madison

    $450,000 Price

    Elaina Anderson
     Section Image
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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

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 $5,425 $192,800 $34,400 $158,400
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

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
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Map

Source: Realtracs

MLS Number: RTC2219260

Realtracs

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

Tennessee Davidson County Nashville 37115 Madison

500 Creative Way Unit 16, 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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