NOT LISTED FOR SALE

115 Chestnut Ln Madison, NC 27025

Estimated Value: $181,979 - $288,000

3 Beds
2 Baths
1,500 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 08, 2016

Last sale price $84,000 $56 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $1,292/month

111 Days on Market

Highlights

  • No HOA
  • Detached Carport Space
  • Forced Air Heating and Cooling System

About This Home

As of February 2016

381-881405(UI)Nice 3 bdrm 2 bth Modular home with partial unfinished basement. Nice size yard, great for entertaining. AS-IS without repairs or warranties. See HUD Pemco or HUDHOMESTORE websites for Property Condition Report, environmental issues if any, online bidding, required contract and addenda. Registered HUD brokers only. All information is believed accurate, but should be verified by buyer.

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $1,027

Year Built

  • Built in 1999

Lot Details

  • 0.87 Acre Lot

Parking

  • 2 Car Garage
  • Detached Carport Space

Home Design

  • Single Family Detached Home
  • Modular Prefabricated Home
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,418 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 116740
  • 1% Total Tax Rate

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$1,027

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Modular
  • Prop. Type: Residential
  • Lot Size Acres: 0.87
  • Lot Size: 37897
  • Subdivision Name: None
  • Directions: US-220 N/Battleground Ave,left onto Sardis Church Rd, right onto Ellisboro Rd, left onto Forrest Dr,right onto Chestnut Ln
  • Above Grade Finished Sq Ft: 1418
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1999
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1418
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Construction Type: Stone, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 116740
  • Zoning: RP
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1027
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2015
Closed on
Feb 1, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Marus Mark
List Price
$88,000
Sold Price
$84,000
Premium/Discount to List
-$4,000
-4.55%
Current Estimated Value
$225,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,707
Avg. Annual Appreciation
10.43%
Original Mortgage
$85,250
Outstanding Balance
$68,260
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$157,235

Purchase Details

Closed on
May 29, 2015
Sold by
Bishop Penny Biggs and Bishop Bobby G
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Feb 11, 2011
Sold by
Bishop Bobby G
Bought by
Bishop Penny Biggs
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Marus Mark -- Attorney
Secretary Of Housing & Urban Development $106,250 Attorney
Bishop Penny Biggs -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marus Mark $85,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2016 02/08/16 Sold $84,000 -4.5% $70 / Sq Ft
12/04/2015 12/04/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $88,000 -- $73 / 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 $1,477 $212,502 $16,912 $195,590
2024 $1,407 $212,502 $16,912 $195,590
2023 $1,407 $123,004 $15,033 $107,971
2022 $959 $123,004 $15,033 $107,971
2021 $959 $123,004 $15,033 $107,971
2020 $959 $123,004 $15,033 $107,971
2019 $959 $123,004 $15,033 $107,971
2018 $1,023 $131,014 $25,033 $105,981
2017 $1,023 $131,014 $25,033 $105,981
2015 $1,038 $132,869 $25,033 $107,836
2014 $1,038 $132,869 $25,033 $107,836
Source: Public Records

Map

Source: Triad MLS

MLS Number: 768151

Triad MLS

APN: 116740

North Carolina Rockingham County Madison 27025

115 Chestnut Ln, Madison, NC

Not Listed for Sale

Mobile Manufactured

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