NOT LISTED FOR SALE

150 Martin Farm Rd Madison, NC 27025

Estimated Value: $459,905

4 Beds
2.5 Baths
2,700 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $252,500 $94 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,693/month

14 Days on Market

Highlights

  • Partially Wooded Lot
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Corner Lot
  • 2 Car Attached Garage

About This Home

As of August 2018

Looking for a pastoral setting on almost 9 acres, look no further!2 story brick house with an unfinished basement with plenty of room for expansion.Main level has living room,den w/brick fireplace,and a separate dining room. Oversized laundry room that makes a perfect utility room.Spacious kitchen w/ an island and eat in area that leads out your serene backyard.Master bath has tile shower.Plenty of room for horses/workshop & could easily subdivide land to put extended family on.Modular.USDA eligible area!

Last Agent to Sell the Property

Delia Knight

Howard Hanna Allen Tate Oak Ridge Commons License #225861 Listed on: 07/02/2018

Howard Hanna Allen Tate Oak Ridge Commons

Last Buyer's Agent

Julie Glandt

Southeast Realty Partners License #288678

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,776

Year Built

  • Built in 1990

Lot Details

  • 8.79 Acre Lot
  • Lot Dimensions are 574 x 728 x 560 x 751
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RA

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,520 Sq Ft Home
  • 2,200-2,700 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Den with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Western Rockingham Middle School
  • Mcmichael High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 9585 / 72
  • Assessor Parcel Number 122401
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,776

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 8.79
  • Lot Size: 574 x 728 x 560 x 751
  • Subdivision Name: None
  • Directions: Hwy 220N towards Madison, right on Baggage Rd., left on Bald Hill Loop, right on Martin Farm Rd.
  • Above Grade Finished Sq Ft: 2520
  • Architectural Style: Traditional
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1990
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2200 - 2700
  • TRIADMLS_PorchYN: No
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Electric Water Heater
  • Flooring: Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Kitchen Island
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 2520
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Corner Lot, Level, Partially Wooded
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Paved, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural 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 #: 122401
  • Zoning: RA
  • TRIADMLS_PricePerAcre: 30602.9579
  • TRIADMLS_PlatPage: 343
  • TRIADMLS_DeedPage: 1709
  • TRIADMLS_DeedBook: 1352
  • TRIADMLS_PlatBook: 815
  • TRIADMLS_AcresRange: 8 - 9

Tax Info

  • Tax Annual Amount: 1776.2
  • Tax Block: 72
  • Tax Lot: 9585
  • Tax Map Number: 792500
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 0.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2023
Sold by
Rumley-Smith Gabrielle M and Smith Joseph
Bought by
Rumley-Smith Gabrielle M
Current Estimated Value
$459,905

Purchase Details

Listed on
Jul 2, 2018
Closed on
Aug 27, 2018
Sold by
Umstead Michael W and Umstead Elizabeth
Bought by
Rumley Smith Gobrielle M and Smith Joseph
Seller's Agent
Delia Knight
Howard Hanna Allen Tate Oak Ridge Commons
Buyer's Agent
Julie Glandt
Southeast Realty Partners
List Price
$269,000
Sold Price
$252,500
Premium/Discount to List
-$16,500
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.79%
Original Mortgage
$241,656
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 2008
Sold by
Mcnatt Gladys M and Mcnatt Isaac G
Bought by
Umstead Michasel W and Umstead Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,583
Interest Rate
6%
Mortgage Type
VA
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
Rumley-Smith Gabrielle M -- None Listed On Document
Rumley Smith Gobrielle M $252,500 None Available
Umstead Michasel W $241,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rumley Smith Gobrielle M $241,656
Previous Owner Umstead Michasel W $245,583
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2018 08/30/18 Sold $252,500 -6.1% $115 / Sq Ft
07/17/2018 07/17/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $269,000 0.0% $122 / Sq Ft
06/08/2012 06/08/12 For Rent $1,000 0.0% --
06/08/2012 06/08/12 Rented $1,000 -- --
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 $3,056 $439,631 $70,187 $369,444
2024 $2,910 $439,631 $70,187 $369,444
2023 $2,910 $255,476 $44,664 $210,812
2022 $1,993 $255,476 $44,664 $210,812
2021 $1,993 $255,476 $44,664 $210,812
2020 $1,993 $255,476 $44,664 $210,812
2019 $1,993 $255,476 $44,664 $210,812
2018 $1,776 $227,427 $50,535 $176,892
2017 $1,776 $227,427 $50,535 $176,892
2015 $1,794 $227,427 $50,535 $176,892
2014 -- $227,427 $50,535 $176,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 893362

Triad MLS

APN: 122401