NOT LISTED FOR SALE

1118 Madison Ave Winston Salem, NC 27103

Ardmore Neighborhood

Estimated Value: $251,000 - $312,000

4 Beds
2 Baths
1,600 Sq Ft
$177/Sq Ft Est. Value

Last Sold June 27, 2017

Last sale price $128,000 $80 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,658/month

51 Days on Market

Highlights

  • Saltbox Architecture
  • Attic
  • Porch
  • Wood Flooring
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of June 2017

Affordability in Ardmore! 4 Bedroom/2 Bath home with deck and screened porch. Freshly painted. Recent HVAC.

Last Agent to Sell the Property

Eva Johns

Premier Sotheby's International Realty License #211960 Listed on: 03/31/2017

Premier Sotheby's International Realty

Last Buyer's Agent

Jennifer Sapp

Allen Tate Winston Salem License #193089

Allen Tate Winston Salem

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,353

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Fenced
  • Property is zoned RS9

Parking

  • Driveway

Home Design

  • Saltbox Architecture
  • Vinyl Siding

Interior Spaces

  • 1,475 Sq Ft Home
  • 1,300-1,600 Sq Ft Home
  • Property has 1 Level
  • Free-Standing Range
  • Attic
  • Unfinished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Ardmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6824583667
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,353

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Subdivision Name: Ardmore
  • Directions: Hawthorne to Watson St.; L-Sherwood; R-Watson
  • Above Grade Finished Sq Ft: 1475
  • Architectural Style: Salt Box
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Exhaust Fan, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Tile, Wood
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1475
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6824583667
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 433333.3333
  • TRIADMLS_DeedPage: 1821
  • TRIADMLS_DeedBook: 2171
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1352.85
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 1.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
Jun 27, 2017
Sold by
Christopher R Madden
Bought by
Alberitton Thomas and Beadle Teri
Seller's Agent
Eva Johns
Premier Sotheby's International Realty
Buyer's Agent
Jennifer Sapp
Allen Tate Winston Salem
List Price
$139,900
Sold Price
$128,000
Premium/Discount to List
-$11,900
-8.51%
Current Estimated Value
$270,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,850
Avg. Annual Appreciation
10.25%
Original Mortgage
$102,400
Outstanding Balance
$85,306
Interest Rate
3.9%
Estimated Equity
$197,571

Purchase Details

Closed on
Apr 19, 2001
Sold by
Elbert Eric J and Elbert Melissa B
Bought by
Madden Christopher R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.25%
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
Alberitton Thomas -- --
Madden Christopher R $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madden Christopher R $102,400
Closed Madden Christopher R --
Previous Owner Madden Christopher R $107,842
Previous Owner Madden Christopher R $106,877
Previous Owner Madden Christopher R $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2017 06/27/17 Sold $128,000 -8.5% $98 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $139,900 -- $108 / 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
2023 $2,097 $156,600 $46,400 $110,200
2022 $2,057 $156,600 $46,400 $110,200
2021 $2,015 $156,200 $46,400 $109,800
2020 $1,670 $120,900 $42,800 $78,100
2019 $1,682 $120,900 $42,800 $78,100
2018 $1,597 $120,900 $42,800 $78,100
2016 $1,559 $118,510 $42,840 $75,670
2015 $1,536 $118,510 $42,840 $75,670
2014 $1,489 $118,510 $42,840 $75,670
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Eva Johns

    Premier Sotheby's International Realty

    (336) 408-0507

    1 in this area

    81 Total Sales

    Section Image
  • Jennifer Sapp

    Buyer's Agent in 2017

    Jennifer Sapp

    Allen Tate Winston Salem

    (336) 782-3148

    10 in this area

    124 Total Sales

    Section Image
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Map

Source: Triad MLS

MLS Number: 829103

Triad MLS

APN: 6824-58-3667

North Carolina Forsyth County Winston-Salem 27103 Ardmore

1118 Madison Ave, Winston-Salem, NC

This home is located at 1118 Madison Ave, Winston Salem, NC 27103 since 31 March 2017 and is currently estimated at $282,877, approximately $176 per square foot. This property was built in 1950. 1118 Madison Ave is a home located in Forsyth County with nearby schools including Bolton Elementary School, Flat Rock Middle, and Reynolds High School.

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