Sold
Last Sold Price
2 beds1,198 sqft$355/sqft
500 Creative Way, Unit 11, Madison, TN 37115
TownhouseProperty Type
435 sq ftLot Size
2020Year Built
$355/sq ftPrice per sq ft
$205/moHOA Fees
2 carsParking Spaces

Description

Presenting a stunning townhome within the unique Niche complex. High-end finishes and rooftop decks elevate the living experience, offering exceptional amenities for residents. The property's real value lies in its versatile OR-40 zoning, allowing for use as a primary residence, long-term rental, office space, or short-term rental/Airbnb. Notably, Cost Segregation estimates indicate a substantial Year 1 depreciation of nearly $110,000, making it a potentially self-sustaining investment property....Presenting a stunning townhome within the unique Niche complex. High-end finishes and rooftop decks elevate the living experience, offering exceptional amenities for residents. The property's real value lies in its versatile OR-40 zoning, allowing for use as a primary residence, long-term rental, office space, or short-term rental/Airbnb. Notably, Cost Segregation estimates indicate a substantial Year 1 depreciation of nearly $110,000, making it a potentially self-sustaining investment property. Moreover, its convenient proximity, just a $13 Uber ride away from Broadway, enhances its desirability and accessibility to Nashville's vibrant city life.
  • Listed by: Nam Luu 615.870.7309 Nam@LuuHomes.com • Keller Williams Realty
Listing closed: 08/11/2023 12:00 AM • Source: REALTRACS as distributed by MLS GRID, MLS#: 2550917

Location

Listing Courtesy of Keller Williams Realty, Nam Luu (615.870.7309)

Sold By Keller Williams Realty, Nam Luu (615.870.7309)

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Property Taxes

$207

HOA Dues

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Property Information for 500 Creative Way, Unit 11

Property Details
  • Taxes: $2,479 / year
  • MLS Type: Residential / Townhouse
  • Architectural Style: Contemporary
  • Subdivision Name: Niche
  • Waterfront: No
Building Information
  • Stories: 2
  • Year Built: 2020
  • Lot Size: 0.01 AC / 435 SF
Summary
Location and General Information
  • Directions: From Nashville take Ellington Parkway North towards Madison, Ellington Parkway become Briarville Road, left into Niche Complex
  • Elementary School: Chadwell Elementary
  • High School: Maplewood Comp High School
  • Levels: Two
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Gra-Mar Middle School
  • Mlg Can View: Yes
Parking
  • Total Non Garage Parking Spaces: 2.0
  • Garage Spaces: .00
  • Parking Features: Assigned
  • Parking Total: 2.00
Taxes and HOA Information
  • Association Fee2 Frequency: One Time
  • Association Fee Includes: Maintenance Grounds, Trash
  • Condo Coop Association YN: Yes
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • 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: 051100I00200CO
  • Lot Size Area: 0.01
Property and Assessments
  • Construction Materials: Fiber Cement, Brick
  • Documents Count: 0
  • New Construction: No
  • Possession: Negotiable
  • Property Attached: No
  • Senior Community: No
  • Stories: 2
  • Year Built Details: EXIST
Utilities
  • Basement: Slab
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Heating: Central, Electric
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Fireplace: No
  • Interior Features: Ceiling Fan(s), Extra Closets, Walk-In Closet(s)
Bedroom Information
  • Main Level Beds: 0
Exterior Features
  • Attached Garage: No
  • Carport: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Patio And Porch Features: Covered Porch, Deck
  • Pool Private: No
  • View YN: No
Room Information
Room 1
  • Room Dimensions: 12x11
  • Room Type: Bedroom 1
Room 2
  • Room Dimensions: 10x10
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 14x13
  • Room Features: Eat-in Kitchen
  • Room Type: Kitchen
Room 4
  • Room Dimensions: 14x13
  • Room Type: Living Room

Property History for 500 Creative Way, Unit 11

DateEvent & SourcePriceAppreciation
Aug 11, 2023

Closed (Public Record)

Public Record #1516339716

$425,000

+13.2% / yr

Aug 11, 2023

Closed

REALTRACS #2550917

$425,000—
Jul 20, 2023

Contract - Not Showing

REALTRACS #2550917

—
DateEvent & SourcePrice
08/11/2023

Closed (Public Record)

Public Record #1516339716

$425,000

+13.2% / yr

08/11/2023

Closed

REALTRACS #2550917

$425,000
07/20/2023

Contract - Not Showing

REALTRACS #2550917

—

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

Public Records for 500 Creative Way, Unit 11

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-002-00

Schools near 500 Creative Way, Unit 11

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 Keller Williams Realty, Nam Luu (615.870.7309)

Based on information submitted to the MLS GRID as of 08/11/2023 06:14 PM. 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.