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500 Creative Way #13, Madison, TN, 37115

2beds
3baths
1,599sqft
$534,749
$334price/sqft
$3,384/moest. monthly cost
$135,360/yrincome needed

About This Home

Don't miss the best unit in the 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 (STR)/Airbnb via a Non-Owner Occupied Short-Term Rental Permit NOOSTRP. This unit is one of only 4 in the complex with a large 2-car garage. Garage floor has been upgraded with epoxy floor covering. The kitchen island was updated to allow for more seating. Both bedrooms have had carpet removed and upgraded laminate floors added. The rooftop deck has also been upgraded with the former pressure-treated decking removed and new TREX decking and a built-in rooftop bar being added. Profit and Loss numbers for 2023 and 2024 YTD are attached in the Media section

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

4/10
4/10
3/10

Construction

Condition

  • Year built: 2020

Materials

  • Roof: Membrane
  • Construction materials: Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Horizontal Property Regime - Attached,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Washer,Electric Oven,Cooktop
  • Laundry features: Electric Dryer Hookup,Washer Hookup

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s),Extra Closets,Open Floorplan,Walk-In Closet(s),High Speed Internet
  • Flooring: Laminate,Tile
  • Finished area below ground: 63
  • Finished area above ground: 1,536
  • Common walls with other units/homes: End Unit

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,599
  • Total interior livable area: 1,599 sqft

Property

Details

  • Parcel number: 051100I01600CO
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Deck
  • Exterior features: Smart Lock(s)
  • Has view: Yes
  • View description: City
  • Topography of land: Level

Lot

  • Lot size: 871.20 sqft
  • Features: Level

Parking

  • Total spaces: 4
  • Parking features: Garage Faces Rear,Assigned,Parking Lot
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Cold Wave
    Cold WaveModerate
  • Earthquake
    EarthquakeModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Cold Wave
Earthquake
Strong Wind
Tornado

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,703$32,436
Home Insurance $252$3,024
Property Taxes $254$3,048
Electricity $175$2,103
Total$3,384$40,608

Income You'd Need if You Spent...

35% on housing$116,022/yr
40% on housing$101,520/yr
45% on housing$90,240/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.4%
8.4%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$334This listing

vs Other Active Listings

Avg $/sqft

ZIP 37115$179
Davidson County$302

vs Homes Sold Last Month

Median $/sqft

ZIP 37115$232
Davidson County$268

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-09Price change$534,995
2026-03-27Listed for sale$534,999
2026-03-22Listing removed$549,499
2025-12-05Listed for sale$549,499
2025-12-01Listing removed$549,495
2025-11-18Price change$549,495
2025-11-14Price change$549,499
2025-08-19Price change$549,749
2025-07-29Price change$549,995
2025-07-15Listed for sale$549,999
2025-07-01Listing removed$549,995
2025-05-22Price change$549,995
2025-05-14Price change$549,999
2025-05-06Price change$564,949
2025-04-04Price change$564,995
2025-03-18Listed for sale$564,999
2025-03-13Listing removed$569,999
2025-02-13Price change$569,999
2025-01-24Price change$574,995
2025-01-06Price change$574,999
2024-12-09Listed for sale$599,999
2022-09-15Sold$525,000
2022-08-15Pending sale$524,999
2022-08-04Listed for sale$524,999
2021-03-02Sold$364,999

For Sale by Agent

AgentTyler Faulkner
BrokerageGreen List Realty, LLC

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