NOT LISTED FOR SALE

1178 Rierson Rd Madison, NC 27025

Estimated Value: $374,000 - $478,000

3 Beds
3 Baths
2,600 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 21, 2018

Last sale price $244,000 $94 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,462/month

132 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating and Cooling System
  • Log Cabin
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of August 2018

Secluded gem on 10 acres that is conveniently located yet offers plenty of privacy! Log home with HUGE front & back covered porches to enjoy all of the natural scenery. Wood-burning stone fireplace in the living area to enjoy those winter evenings. Partially finished walkout basement that opens to patio plus has office area & unfinished area for great storage space. Separate 2-story storage building with equipment shelter too. Natural creek/branch crosses property. Driveway is deeded easement.

Last Agent to Sell the Property

Tina Marsh

Allen Tate - Greensboro License #183942 Listed on: 02/23/2018

Allen Tate - Greensboro

Last Buyer's Agent

Patrick Valente

Keller Williams One License #190784

Keller Williams One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,914

Year Built

  • Built in 1988

Lot Details

  • 10 Acre Lot
  • Property is zoned RA

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 2,427 Sq Ft Home
  • 2,100-2,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Free-Standing Range
  • Dryer Hookup
  • Finished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Western Rockingham Middle School
  • Mcmichael High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 116596
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,914

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 10
  • Subdivision Name: None
  • Directions: N. Hwy. 220 - L Sardis Church - R Ellisboro - L Rierson - driveway on left
  • Above Grade Finished Sq Ft: 2427
  • Architectural Style: Log
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1988
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 700 - 1000
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2100 - 2600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 859
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2427
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Lot Features: Natural Land
  • Pool Features: None
  • Exclusions: Wood Stove Insert & Propane Is Leased
  • Construction Type: Log
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Huntsville
  • High School: McMichael
  • Middle Or Junior School: Western Rockingham

Lot Info

  • Parcel #: 116596
  • Zoning: RA
  • TRIADMLS_PricePerAcre: 24600
  • TRIADMLS_PlatPage: 3
  • TRIADMLS_DeedPage: 64
  • TRIADMLS_DeedBook: 1238
  • TRIADMLS_PlatBook: 16
  • TRIADMLS_AcresRange: 9 - 10

Tax Info

  • Tax Annual Amount: 1913.54
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.781

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2024
Sold by
Bills Nathan A
Bought by
Kilgore Amy S and Kilgore Taylor L
Current Estimated Value
$415,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$372,462
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$43,308

Purchase Details

Listed on
Feb 23, 2018
Closed on
Aug 21, 2018
Sold by
Steele Brian S and Steele Anne C
Bought by
Bills Nathan A
Seller's Agent
Tina Marsh
Allen Tate - Greensboro
Buyer's Agent
Patrick Valente
Keller Williams One
List Price
$265,000
Sold Price
$244,000
Premium/Discount to List
-$21,000
-7.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%
Original Mortgage
$244,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Mar 24, 2005
Sold by
Wilson Greg A and Wilson Cathy L
Bought by
Steele Brian S and Steele Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
5.62%
Mortgage Type
New Conventional
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
Kilgore Amy S $400,000 None Listed On Document
Kilgore Amy S $400,000 None Listed On Document
Bills Nathan A $244,000 None Available
Steele Brian S $216,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kilgore Amy S $380,000
Closed Kilgore Amy S $380,000
Previous Owner Bills Nathan $246,000
Previous Owner Bills Nathan A $248,890
Previous Owner Bills Nathan A $249,376
Previous Owner Bills Nathan A $244,000
Previous Owner Steele Brian S $172,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2018 08/21/18 Sold $244,000 -7.9% $116 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $265,000 -- $126 / 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 $2,951 $424,499 $63,549 $360,950
2024 $2,810 $424,499 $63,549 $360,950
2023 $2,810 $244,984 $48,793 $196,191
2022 $1,911 $244,984 $48,793 $196,191
2021 $1,911 $244,984 $48,793 $196,191
2020 $1,911 $244,984 $48,793 $196,191
2019 $1,911 $244,984 $48,793 $196,191
2018 $1,914 $245,012 $48,360 $196,652
2017 $1,914 $245,012 $48,360 $196,652
2015 $1,933 $245,012 $48,360 $196,652
2014 $1,914 $245,012 $48,360 $196,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 875389

Triad MLS

APN: 116596