$142,000
SOLD DEC 12, 2025

1109 Shady Ln Madison, NC 27025

2 Beds
1 Bath
1,533 Sq Ft
1 Acres

Recently Sold

$93 Per Sq Ft

5% Below List Price

34 Days on Market

Highlights

  • 1 Acre Lot
  • Wood Flooring
  • Built-In Features
  • Den with Fireplace
  • No HOA
  • Attached Carport

About This Home

As of December 2025

Incredible opportunity in Madison to give life to the home of your dreams! Located on a quiet street off Island Drive this brick ranch offers spacious rooms and hardwood floors that will shine again. Plenty of living areas to spread out in. Spacious basement with so much potential! Plenty of storage. Large lot with room to garden or roam. Schedule your showing today! Property sold as-is. Agents, see agent only remarks.

Last Agent to Sell the Property

Shaunna Overman

Howard Hanna Allen Tate Oak Ridge Commons License #277559 Listed on: 09/30/2025

Last Buyer's Agent

Renee Raines

eXp Realty License #323348

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 1962

Lot Details

  • 1 Acre Lot
  • Cleared Lot
  • Garden
  • Property is zoned R10MD

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,533 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Den with Fireplace
  • 2 Fireplaces

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

  • Fireplace in Basement
  • Laundry in Basement

Schools

  • Western Rockingham Middle School
  • Mcmichael High School

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118509
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,623

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Subdivision Name: None
  • Directions: Head north on US-220 N, Use the right lane to merge onto NC-704 W/US-220 BUS N/US-311 S via the ramp to US-220 BUS N/Madison, Turn right onto Island Dr, Turn left onto Shady Ln, home is on left
  • Above Grade Finished Sq Ft: 1533
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1962
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_LandDescription: Cleared Land
  • Special Features: None

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Built-in Features
  • Has Basement: Unfinished, Basement
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Basement, Den
  • Fireplaces: 2
  • Living Area: 1533
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Partial

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Central Air
  • Heating: See Remarks
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 118509
  • Zoning: R10MD
  • TRIADMLS_PlatPage: 103
  • TRIADMLS_PlatBook: 9

Tax Info

  • Tax Annual Amount: 2623.47
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 1.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2025
Closed on
Dec 4, 2025
Sold by
Gitsit Real Property Bbplc1 Llc
Bought by
Perez Iliana
Seller's Agent
Shaunna Overman
Howard Hanna Allen Tate Oak Ridge Commons
Buyer's Agent
Renee Raines
eXp Realty
List Price
$149,900
Sold Price
$142,000
Premium/Discount to List
-$7,900
-5.27%
Views
217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
750.36%
Original Mortgage
$137,740
Outstanding Balance
$137,740
Interest Rate
6.17%
Mortgage Type
New Conventional
Estimated Equity
$30,782

Purchase Details

Closed on
Jun 2, 2025
Sold by
Gitsit Mortgage Loan Trust and Gitsit Solutions Llc
Bought by
Gitsit Real Property Bbplc1 Llc

Purchase Details

Closed on
May 2, 2025
Sold by
Clark Gloria M and Tucker Cathy Clark
Bought by
Gitsit Mortgage Loan Trust and Gitsit Solutions Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Special Warranty Deed $142,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed $160,000 None Listed On Document
Deed $160,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $137,740 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2025 12/12/25 Sold $142,000 +1.5% $93 / Sq Ft
11/03/2025 11/03/25 Pending -- -- --
10/24/2025 10/24/25 Price Changed $139,900 -6.7% $91 / Sq Ft
09/30/2025 09/30/25 For Sale $149,900 -- $98 / 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 $2,623 $204,943 $21,539 $183,404
2024 $2,623 $204,943 $21,539 $183,404
2023 $1,760 $123,485 $19,504 $103,981
2022 $1,760 $123,485 $19,504 $103,981
2021 $1,760 $123,485 $19,504 $103,981
2020 $1,760 $123,485 $19,504 $103,981
2019 $880 $123,485 $19,504 $103,981
2018 $836 $117,219 $23,308 $93,911
2017 $836 $117,219 $23,308 $93,911
2015 $844 $117,219 $23,308 $93,911
2014 $836 $117,219 $23,308 $93,911
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1197406

Triad MLS

APN: 118509