Last Sold Price
2 beds1,198 sqft$255/sqft
500 Creative Way, Unit 18, 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: 03/23/2021 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 18

Status
MLS #
2214701
Days on Market
24
Taxes
$1 / year
HOA Fees
$135 / month
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Townhouse
Year Built
2020
Lot Size
0.01 AC / 435 SF
Subdivision Name
Niche
View
City
Waterfront
No

Recent comparable sales

Median sold price

$265,000

Avg days on market

33

Sale-to-list ratio

98.5%

Madison, TN

9 comparable properties found

$239,450 | 1036 Heritage Drive, Madison, TN 37115
1/32
1

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Bedrooms
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Square Feet
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Acres
a front view of a house with garden and garage
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2

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2
Bedrooms
1,176
Square Feet
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Acres
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3

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Sold 05/05/25

2
Bedrooms
1,176
Square Feet
0.02
Acres
$260,000 | 268 Jenna Lee Circle, Madison, TN 37115
1/37
4

$260,000

Sold 11/15/24

2
Bedrooms
1,202
Square Feet
0.02
Acres
front view of a house
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5

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Sold 04/22/25

2
Bedrooms
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Square Feet
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Acres
a front view of a house
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Sold 11/22/24

2
Bedrooms
1,190
Square Feet
0.02
Acres
a front view of a building with street
1/43
7

$309,000

Sold 04/08/25

2
Bedrooms
1,294
Square Feet
0.01
Acres
$345,000 | 500 Creative Way, Unit 3, Madison, TN 37115
1/44
8

$345,000

Sold 08/04/26

2
Bedrooms
1,198
Square Feet
Unavailable
Acres
$309,000 | 340 May Drive, Madison, TN 37115
1/41
9

$309,000

Sold 04/24/25

2
Bedrooms
1,294
Square Feet
0.01
Acres

Location

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

Sold By Groome & Co Realtors, Megan Kiepert (262.623.1687)

Add your commute

Building Information for 500 Creative Way, Unit 18

Stories2Residences-Year Built2020Building Size-Lot Size0.01 AC / 435 SF

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30 year fixed, 6.55% Interest

Principal and Interest

$1,550

Property Taxes

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HOA Dues

$135

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Property Information for 500 Creative Way, Unit 18

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
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 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, Freezer, 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 18

DateEvent & SourcePriceAppreciation
Mar 23, 2021

Closed

REALTRACS #2214701

$304,999
Mar 22, 2021

Closed (Public Record)

Public Record #1456728787

$304,999
Jan 11, 2021

Contract - Not Showing

REALTRACS #2214701

DateEvent & SourcePrice
03/23/2021

Closed

REALTRACS #2214701

$304,999
03/22/2021

Closed (Public Record)

Public Record #1456728787

$304,999
01/11/2021

Contract - Not Showing

REALTRACS #2214701

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

Public Records for 500 Creative Way, Unit 18

Taxable ValueLand$21,500Additions$89,325Total$110,825
Tax Record2025$3,119 ($260 / month)
Home Facts
Beds2Baths2.5Total Finished SqFt1,208 SqFtAbove Grade Finished SqFt1,208 SqFtStories2StyleCondominiumYear Built2020ZoningOR40CountyDAVIDSONAPN051-10-0I-018-00

Schools near 500 Creative Way, Unit 18

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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Nearby home values

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 09:23 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.