NOT LISTED FOR SALE

123 Sourwood Rd Madison, NC 27025

Estimated Value: $265,000 - $305,000

3 Beds
2 Baths
1,700 Sq Ft
$170/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $195,000 $115 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,673/month

Highlights

  • Secluded Lot
  • Wood Flooring
  • Circular Driveway
  • Wooded Lot
  • No HOA
  • Cul-De-Sac

About This Home

As of November 2020

Great one-story home on a private lot. 1.40 acres Featuring 3 bedrooms, walk-in closets. Private entrance bonus room. 2 full baths, a large living room, Hardwood flooring, custom Walk-in Shower, Vaulted ceilings, 2 car Attached Garage, Covered front porch with a screened-in porch on the side, huge deck overlooking the back yard.
What I love about this home, the lot is beautiful with mature trees, very private, peaceful, and quiet with lots of nature. Sitting on the screened-in porch in the rain and grilling on the deck. The bonus room could be used as a fourth bedroom or Game/family room
Schedule your appointment today. 15 mins from PTI and I-40, 20mins North of Greensboro.

Last Agent to Sell the Property

Eric Garner

KELLER WILLIAMS REALTY License #291351 Listed on: 10/10/2020

KELLER WILLIAMS REALTY

Last Buyer's Agent

Ashley Lay

Keller Williams Realty Elite License #241871

Keller Williams Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,167

Year Built

  • Built in 1997

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 69 x 420 x 257 x 399
  • Cul-De-Sac
  • Secluded Lot
  • Wooded Lot
  • Property is zoned RP

Parking

  • 2 Car Garage
  • Attached Carport
  • Circular Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,550 Sq Ft Home
  • 1,300-1,700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Flooring
  • Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Porch

Schools

  • Western Rockingham Middle School
  • Mcmichael High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • The Country Subdivision

Listing and Financial Details

  • Assessor Parcel Number 121741
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,167

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.4
  • Lot Size: 69 x 420 x 257 x 399
  • Subdivision Name: The Country
  • Directions: From 158/220 junction, go north on 220, R on Gold Hill Rd, L on Sourwood, house in cul-de-sac on the Right
  • Above Grade Finished Sq Ft: 1550
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1997
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1300 - 1700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry, Separate Shower
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1550
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Cul-De-Sac, Secluded, Wooded
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • 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 #: 121741
  • Zoning: RP
  • TRIADMLS_PricePerAcre: 132142.8571
  • TRIADMLS_DeedPage: 1878
  • TRIADMLS_DeedBook: 1483
  • TRIADMLS_PlatBook: 28-113
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 1167
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
Nov 16, 2020
Sold by
Cowan Matthew J and Cowan Laura D
Bought by
Illerbrun Lydia and Illerbrun Adam
Seller's Agent
Eric Garner
KELLER WILLIAMS REALTY
Buyer's Agent
Ashley Lay
Keller Williams Realty Elite
Sold Price
$195,000
Current Estimated Value
$289,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,546
Avg. Annual Appreciation
8.05%
Original Mortgage
$185,250
Outstanding Balance
$165,222
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$117,764

Purchase Details

Listed on
Oct 16, 2014
Closed on
Dec 9, 2014
Sold by
Dombecki Lora C
Bought by
Cowan Matthew J and Dominquez Laura D
Seller's Agent
Steve Toop
United Brokers Ltd.
Buyer's Agent
Steve Toop
United Brokers Ltd.
List Price
$148,000
Sold Price
$148,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$139,175
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2014
Sold by
Windsor Daniel
Bought by
Dombecki Lora C

Purchase Details

Closed on
Dec 21, 2009
Sold by
Musick Judy M
Bought by
Windsor Daniel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,677
Interest Rate
4.8%
Mortgage Type
FHA
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
Illerbrun Lydia $195,000 None Available
Cowan Matthew J $148,000 None Available
Dombecki Lora C $109,620 None Available
Windsor Daniel L $144,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Illerbrun Lydia $185,250
Previous Owner Cowan Matthew J $139,175
Previous Owner Windsor Daniel $139,677
Previous Owner Windsor Daniel L $139,677
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $195,000 +31.8% $150 / Sq Ft
12/10/2014 12/10/14 Sold $148,000 0.0% $95 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $148,000 -- $95 / 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 $1,729 $248,776 $25,169 $223,607
2024 $1,647 $248,776 $25,169 $223,607
2023 $1,647 $149,565 $22,881 $126,684
2022 $1,167 $149,565 $22,881 $126,684
2021 $1,167 $149,565 $22,881 $126,684
2020 $1,167 $149,565 $22,881 $126,684
2019 $1,167 $149,565 $22,881 $126,684
2018 $1,109 $141,953 $34,881 $107,072
2017 $1,109 $141,953 $34,881 $107,072
2015 $1,120 $141,953 $34,881 $107,072
2014 $1,109 $141,953 $34,881 $107,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 998215

Triad MLS

APN: 121741