NOT LISTED FOR SALE

500 Creative Way Unit 7 Madison, TN 37115

Madison Neighborhood

Estimated Value: $412,270 - $476,000

2 Beds
2.5 Baths
1,198 Sq Ft
$365/Sq Ft Est. Value

Sale Details

Date Sold: August 2, 2023

Last sale price $440,000 $367 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,816 / mo

8 Days on Market

Highlights

  • New Construction
  • Contemporary Architecture
  • Walk-In Closet
  • Deck
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of August 2023

Great Opportunity for a popular unit in the Niche complex on the Madison/Nashville border. High-end finishes to include a rooftop deck provide for great amenity. Minutes from Broadway, a short distance to BNA and many more attractive features. 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. This unit is an active STR with confirmed bookings through September. This unit is being sold completely furnished. Please call owner/agent with any questions.

Last Agent to Sell the Property

Christie Leggo

The Highland Group TN License #341660 Listed on: 06/14/2023

Last Buyer's Agent

Michael Rozenboom

eXp Realty License # 296559

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,966

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 436 Sq Ft Lot
  • Level Lot

HOA Fees

  • $205 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Property Attached
  • Slab Foundation
  • Frame Construction
  • Hardboard

Interior Spaces

  • 1,198 Sq Ft Home
  • Property has 2 Levels
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Assigned Parking

Schools

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

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 051100I02600CO

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,966

Year Built

Built in 2020 | New Construction

Lot Details

436 Sq Ft Lot

HOA Fees

$205 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Horizontal Property Regime - Attached
  • Architectural Style: Contemporary
  • Year Built: 2020
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 3
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • 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: Frame, Hardboard Siding
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 2
  • Parking Features: Assigned
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Pest Control, Trash
  • Association Fee: 205
  • Association #2 Fee: 500
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • 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: 3966

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Jul 21, 2023
Sold by
Leggo Jeremy and Leggo Christie
Bought by
Weishaar Leon and Weishaar Rhonda
Seller's Agent
Christie Leggo
The Highland Group TN
Buyer's Agent
Michael Rozenboom
eXp Realty
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Views
31
Current Estimated Value
$437,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,932
Avg. Annual Appreciation
-0.25%

Purchase Details

Closed on
Mar 26, 2022
Sold by
Ellington Group Gp
Bought by
Leggo Jeremy and Leggo Christie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
3.14%
Mortgage Type
New Conventional
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Weishaar Leon $440,000 Wagon Wheel Title
Leggo Jeremy $350,000 Wagon Wheel Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leggo Jeremy $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2023 08/02/23 Sold $440,000 -2.2% $367 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $450,000 -- $376 / Sq Ft
Source: Realtracs

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
2025 $3,082 $109,525 $21,500 $88,025
2024 $3,966 $121,880 $24,000 $97,880
2023 $3,966 $121,880 $24,000 $97,880
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

  • Christie Leggo

    Seller's Agent in 2023

    Christie Leggo

    The Highland Group TN

    (615) 480-0816

    2 in this area

    8 Total Sales

    Christie Leggo
    Section Image
  • Michael Rozenboom

    Buyer's Agent in 2023

    Michael Rozenboom

    eXp Realty

    (615) 330-6177

    1 in this area

    47 Total Sales

    Michael Rozenboom
    Section Image
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Map

Source: Realtracs

MLS Number: 2536503

Realtracs

APN: 051-10-0I-006-00

Tennessee Davidson County Nashville 37115 Madison

500 Creative Way Unit 7, Nashville, TN

Not Listed for Sale

MultiFamily

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 Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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