NOT LISTED FOR SALE

500 Creative Way Unit 24 Madison, TN 37115

Madison Neighborhood

Estimated Value: $348,932 - $417,000

2 Beds
2.5 Baths
1,198 Sq Ft
$328/Sq Ft Est. Value

Sale Details

Date Sold: January 28, 2021

Last sale price $304,999 $255 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,732 / mo

4 Days on Market

Highlights

  • New Construction
  • Tile Flooring
  • Central Heating
  • City View

About This Home

As of January 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 Brokerage Phone: 6154283755 License # 337982 Listed on: 12/18/2020

Last Buyer's Agent

Greg Farricielli

Hive Nashville LLC License #331354

Range of Values:

--
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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Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 436 Sq Ft Lot

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1,198 Sq Ft Home
  • Property has 2 Levels
  • City Views

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 051100I02600CO

Community Details

Overview

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

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

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: Townhouse
  • 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
  • Common Interest: Condominium
  • 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

Closed on
Aug 3, 2021
Sold by
Farricielli Greg
Bought by
Current Estimated Value
$395,328

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 28, 2021
Sold by
Ellington Group Gp
Bought by
Farricielli Greg
Seller's Agent
Tyler Faulkner
Green List Realty, LLC
Buyer's Agent
Greg Farricielli
Hive Nashville LLC
List Price
$304,999
Sold Price
$304,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$244,000
Interest Rate
2.1%
Mortgage Type
New Conventional
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

  • Jenilee Anthony Real Estate Agent - Compass RE

    Jenilee Anthony

    Responds Quickly

    Compass RE

    (682) 213-9081

    117 Total Sales

    1 in Madison

    $272,000 Price

    Jenilee Anthony
     Section Image
  • Karen Hoff Real Estate Agent - Coldwell Banker Southern Realty

    Karen Hoff

    Coldwell Banker Southern Realty

    (615) 682-9117

    139 Total Sales

    12 in Madison

    $118K - $383K Price Range

    Karen Hoff
     Section Image
  • Tina Wilkerson Real Estate Agent - Local Realty Partners

    Tina Wilkerson

    Local Realty Partners

    (615) 639-8959

    115 Total Sales

    1 in Madison

    $285,000 Price

    Tina Wilkerson
     Section Image
  • Jessica Sullivan Real Estate Agent - simpliHOM

    Jessica Sullivan

    simpliHOM

    (629) 228-9201

    99 Total Sales

    1 in Madison

    $258,500 Price

    Jessica Sullivan
     Section Image
  • Tim Harkum Real Estate Agent - Keller Williams Realty Mt. Juliet

    Tim Harkum

    Keller Williams Realty Mt. Juliet

    (629) 206-9504

    95 Total Sales

    1 in Madison

    $264,000 Price

    Tim Harkum
     Section Image
  • Phyllis Liggett Real Estate Agent - Crye-Leike, Inc., REALTORS

    Phyllis Liggett

    Crye-Leike, Inc., REALTORS

    (931) 340-6548

    67 Total Sales

    1 in Madison

    $330,000 Price

    Phyllis Liggett
     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
-- None Listed On Document
Farricielli Greg $305,000 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
Previous Owner $244,000
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
01/28/2021 01/28/21 Sold $304,999 0.0% $255 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $304,999 -- $255 / 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 $4,990 $177,320 $34,400 $142,920
2024 $3,966 $121,880 $24,000 $97,880
2023 $3,966 $121,880 $24,000 $97,880
2022 $2,886 $121,880 $24,000 $97,880
2021 $2,505 $76,175 $15,000 $61,175
2020 $1,336 $18,600 $8,250 $10,350
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
  • Greg Farricielli Real Estate Agent - Hive Nashville LLC

    Buyer's Agent in 2021

    Greg Farricielli

    Hive Nashville LLC

    (239) 878-4171

    33 Total Sales

    Greg Farricielli
    Section Image
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Map

Source: Realtracs

MLS Number: RTC2214710

Realtracs

APN: 051-10-0I-024-00

Tennessee Davidson County Nashville 37115 Madison

500 Creative Way Unit 24, 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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