NOT LISTED FOR SALE

120 Gilligan Rd Madison, NC 27025

Estimated Value: $100,866 - $185,000

3 Beds
1 Bath
1,104 Sq Ft
$134/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $22,000 $20 Per Sq Ft

Est. 571% increase in value since last sale

Current estimated payment $803/month

75 Days on Market

About This Home

As of November 2014

Older home in need of TLC but nice location on SR704. Home is tenant occupied so please allow at least 24 hours notice to show. Lot beside it is also for sale. See MLS 713790.

Last Agent to Sell the Property

Joe Tomlinson

Berkshire Hathaway HomeServices Yost & Little Realty License #263654 Listed on: 07/23/2014

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Joe Tomlinson

Berkshire Hathaway HomeServices Yost & Little Realty License #263654 Listed on: 07/23/2014

Berkshire Hathaway HomeServices Yost & Little Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $355

Year Built

  • Built in 1917

Lot Details

  • 2.16 Acre Lot
  • Property is zoned RA

Parking

  • No Garage

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,104 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 100586
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$355

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.16
  • Directions: Highwy 220 North to Madison, take SR 704 West through Madison, left on Gilligan Rd - home is on the corner of Gilligan Rd and and SR 704
  • Above Grade Finished Sq Ft: 1104
  • Unit Levels: One
  • Year Built: 1917
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1104
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1104
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Cooling: Remarks
  • Heating: See Remarks
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Call School Board
  • High School: Call School Board
  • Middle Or Junior School: Call School Board

Lot Info

  • Parcel #: 100586
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 355.03
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.793

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2014
Closed on
Nov 3, 2014
Sold by
Binder Rudolph Ludwig
Bought by
Thompson John C
Seller's Agent
Joe Tomlinson
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Joe Tomlinson
Berkshire Hathaway HomeServices Yost & Little Realty
List Price
$40,000
Sold Price
$22,000
Premium/Discount to List
-$18,000
-45%
Current Estimated Value
$147,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,717
Avg. Annual Appreciation
18.52%
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
Thompson John C $22,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2014 11/06/14 Sold $22,000 -45.0% $20 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $40,000 -- $36 / 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 $460 $68,619 $30,466 $38,153
2024 $460 $68,619 $30,466 $38,153
2023 $327 $40,825 $19,686 $21,139
2022 $327 $40,825 $19,686 $21,139
2021 $327 $40,825 $19,686 $21,139
2020 $327 $40,825 $19,686 $21,139
2019 $327 $40,825 $19,686 $21,139
2018 $359 $44,771 $27,717 $17,054
2017 $359 $44,771 $27,717 $17,054
2015 $362 $44,771 $27,717 $17,054
2014 $359 $44,771 $27,717 $17,054
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 713787

Triad MLS

APN: 100586