NOT LISTED FOR SALE

101 W Academy St Madison, NC 27025

Estimated Value: $189,000 - $259,000

3 Beds
2 Baths
2,500 Sq Ft
$90/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $180,000 $72 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,445/month

192 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Victorian Architecture
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Attic

About This Home

As of February 2023

Incredible historic property with tons of potential. Situated only 30 miles from both Winston-Salem and Greensboro, NC, this home in the heart of downtown Madison offers convenient access to nightlife, arts, and culture, while offering a quieter, slower pace of life. Zoned for business and/or residential use. Oversized lot on the corner of Academy and Market with easy parking. Many original architectural details. Beautiful columns enhance the front porch. Cozy enclosed sunporch. Nice foyer with exposed stairway. Spacious rooms. With some TLC the possibilities are endless! Amazing value!

Last Agent to Sell the Property

Melissa Greer

Berkshire Hathaway HomeServices Yost & Little Realty License #74293 Listed on: 07/01/2022

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,713

Year Built

  • Built in 1890

Lot Details

  • 0.36 Acre Lot
  • Fenced
  • Corner Lot
  • Property is zoned TCDMD

Parking

  • No Garage

Home Design

  • Victorian Architecture
  • Wood Siding

Interior Spaces

  • 2,350 Sq Ft Home
  • 2,100-2,500 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Living Room with Fireplace
  • 5 Fireplaces
  • Free-Standing Range
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Schools

  • Western Rockingham Middle School
  • Mcmichael High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • Porch
  • The property is located in a historic district

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118991
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,713

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Subdivision Name: None
  • Directions: 220 North, take Madison (Hwy 704 exit), Hwy 704 becomes Academy St, go over bridge,House on Left.
  • Above Grade Finished Sq Ft: 2350
  • Architectural Style: Victorian
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1890
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2100 - 2500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Historic
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Cooktop, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Primary Bedroom, See Remarks
  • Fireplaces: 5
  • Living Area: 2350
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: None, Fenced
  • Lot Features: City Lot, Historic District, Corner Lot
  • Pool Features: None
  • Construction Type: Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Dillard Academy
  • High School: McMichael
  • Middle Or Junior School: Western Rockingham

Lot Info

  • Parcel #: 118991
  • Zoning: TCDMD
  • TRIADMLS_PricePerAcre: 500000
  • TRIADMLS_DeedPage: 0000
  • TRIADMLS_DeedBook: 0000
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1713
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 1.425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Feb 15, 2023
Sold by
J L Mills Company Inc
Bought by
Brazeau Andrew J
Seller's Agent
Melissa Greer
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Views
239
Current Estimated Value
$226,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,062
Avg. Annual Appreciation
9.50%
Original Mortgage
$171,000
Outstanding Balance
$165,822
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$60,240
Source: Public Records

Range of Values:

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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
Brazeau Andrew J $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brazeau Andrew J $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $180,000 -5.2% $86 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
11/08/2022 11/08/22 Price Changed $189,900 0.0% $90 / Sq Ft
11/08/2022 11/08/22 For Sale $189,900 -5.0% $90 / Sq Ft
10/15/2022 10/15/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $199,900 -- $95 / Sq Ft
Source: Triad MLS

Tax History Compared to Growth

Source: Public Records

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 $2,586 $202,018 $46,857 $155,161
2024 $2,586 $202,018 $46,857 $155,161
2023 $2,586 $120,197 $42,597 $77,600
2022 $1,713 $120,197 $42,597 $77,600
2021 $1,713 $120,197 $42,597 $77,600
2020 $1,713 $120,197 $42,597 $77,600
2019 $1,713 $120,197 $42,597 $77,600
2018 $1,660 $116,435 $38,725 $77,710
2017 $1,660 $116,435 $38,725 $77,710
2015 $1,677 $116,435 $38,725 $77,710
2014 $1,660 $116,435 $38,725 $77,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1075119

Triad MLS

APN: 118991