Last Sold Price
2 beds1,198 sqft$271/sqft
500 Creative Way, Unit 1, Madison, TN 37115

Description

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.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.
LISTING CLOSED: 04/09/2021 12:00 AM

  1. Listed by Tyler Faulkner • Haven Real Estate
    P: (615) 428-3755 C: (615) 428-3755 TF@TylerFaulkner.com

Property Details for 500 Creative Way, Unit 1

Status
MLS #
2226743
Days on Market
6
Taxes
$1 / year
HOA Fees
$135 / month
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Horizontal Property Regime - Attached
Year Built
2020
Lot Size
0.01 AC / 435 SF
Subdivision Name
Niche
View
City
Waterfront
No

Recent comparable sales

Median sold price

$329,900

Avg days on market

21

Sale-to-list ratio

99.3%

Madison, TN

9 comparable properties found

$345,000 | 500 Creative Way, Unit 3, Madison, TN 37115
1/44
1

$345,000

Sold 08/04/26

2
Bedrooms
1,198
Square Feet
Unavailable
Acres
a view of a brick building next to a yard
1/14
2

$420,000

Sold 09/09/24

2
Bedrooms
1,198
Square Feet
0.01
Acres
$345,000 | 1516 Royal Street, Madison, TN 37115
1/36
3

$345,000

Sold 02/13/25

2
Bedrooms
1,440
Square Feet
0.02
Acres
a view of a house with a yard
1/29
4

$272,000

Sold 12/20/24

2
Bedrooms
1,353
Square Feet
1.03
Acres
$239,450 | 1036 Heritage Drive, Madison, TN 37115
1/32
5

$239,450

Sold 02/11/25

2
Bedrooms
1,368
Square Feet
0.01
Acres
a front view of a house with yard
1/35
6

$329,900

Sold 04/02/26

2
Bedrooms
1,150
Square Feet
0.09
Acres
a front view of a house with a yard
1/38
7

$329,900

Sold 12/19/25

2
Bedrooms
1,371
Square Feet
Unavailable
Acres
a kitchen with a sink stove cabinets and wooden floor
1/31
8

$299,800

Sold 03/19/26

2
Bedrooms
1,371
Square Feet
Unavailable
Acres
a front view of a house with glass windows
1/29
9

$311,700

Sold 02/27/26

2
Bedrooms
1,371
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Haven Real Estate, Tyler Faulkner (615.428.3755)

Sold By Regal Realty Group, Lynsey Hazelip (615.497.4756)

Add your commute

Building Information for 500 Creative Way, Unit 1

Stories2Year Built2020Building Size-Lot Size0.01 AC / 435 SF

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Principal and Interest

$1,652

Property Taxes

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HOA Dues

$135

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Property Information for 500 Creative Way, Unit 1

Summary
Location and General Information
  • Directions: From Nashville take Ellington Parkway North towards Madison, Ellington Parkway becomes Briarville Road, Left into Niche Complex.
  • Elementary School: Chadwell Elementary
  • High School: Maplewood Comp High School
  • Levels: Two
  • Living Area Source: Owner
  • Living Area Units: Square Feet
  • Middle Or Junior School: Gra-Mar Middle School
  • Mlg Can View: Yes
Parking
  • Garage Spaces: .00
  • Parking Total: .00
Taxes and HOA Information
  • Association Amenities: Underground Utilities
  • Association Fee2 Frequency: One Time
  • Association Fee Includes: Exterior Maintenance, Maintenance Grounds, Pest Control, Trash
  • Condo Coop Association YN: Yes
Property
Building Information
  • Above Grade Finished Area Source: Owner
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Owner
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Owner
  • Building Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
Lot Information
  • Lot Features: Level
  • Lot Size Source: Calculated from Plat
  • Lot Size Units: Acres
  • Parcel Number: 051100I02600CO
  • Lot Size Area: 0.01
Property and Assessments
  • Construction Materials: Fiber Cement
  • Documents Count: 2
  • New Construction: Yes
  • Possession: Close Of Escrow
  • Property Attached: No
  • Security Features: Smoke Detector(s)
  • Senior Community: No
  • Stories: 2
  • Year Built Details: NEW
Utilities
  • Basement: Slab
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave
  • Fireplace: No
Bedroom Information
  • Main Level Beds: 0
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • View YN: Yes
Room Information
Room 1
  • Room Dimensions: 12x11
  • Room Features: Suite
  • Room Type: Bedroom 1
Room 2
  • Room Dimensions: 10x10
  • Room Features: Bath
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 14x13
  • Room Features: Eat-in Kitchen
  • Room Type: Kitchen
Room 4
  • Room Dimensions: 14x13
  • Room Features: Great Room
  • Room Type: Living Room

Property History for 500 Creative Way, Unit 1

DateEvent & SourcePriceAppreciation
Apr 9, 2021

Closed (Public Record)

Public Record #1459515312

$325,000
Apr 9, 2021

Closed

REALTRACS #2226743

$325,000
Feb 12, 2021

Contract - Not Showing

REALTRACS #2226743

DateEvent & SourcePrice
04/09/2021

Closed (Public Record)

Public Record #1459515312

$325,000
04/09/2021

Closed

REALTRACS #2226743

$325,000
02/12/2021

Contract - Not Showing

REALTRACS #2226743

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 500 Creative Way, Unit 1

Taxable ValueLand$34,400Additions$140,840Total$175,240
Tax Record2025$4,931 ($411 / month)
Home Facts
Beds2Total Finished SqFt1,184 SqFtAbove Grade Finished SqFt1,184 SqFtStories2StyleCondominiumYear Built2020ZoningOR40CountyDAVIDSONAPN051-10-0I-012-00

Schools near 500 Creative Way, Unit 1

This home is within Davidson County.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 12
Rating
School
Distance
Chadwell Elementary School
PublicPK to 5

Jere Baxter Middle School
Public6 to 8

Maplewood Comp High School
Public9 to 12

KA @ the Crossings
Charter5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Haven Real Estate, Tyler Faulkner (615.428.3755)

Based on information submitted to the MLS GRID as of 02/18/2023 09:49 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.