NOT LISTED FOR SALE

185 Chestnut Ln Madison, NC 27025

Estimated Value: $251,764 - $262,000

4 Beds
1.5 Baths
1,456 Sq Ft
$177/Sq Ft Est. Value

Last Sold October 10, 2013

Last sale price $56,000 $38 Per Sq Ft

Est. 370% increase in value since last sale

Current estimated payment $1,490/month

5 Days on Market

Highlights

  • No HOA
  • Wood Siding
  • Heat Pump System
  • Central Air

About This Home

As of October 2013

4 bedroom ranch style home near Belews Lake. Open layout. large den with fireplace. This is a Fannie Mae homepath property. This home is elegible for homepath mortgage and homepath renovation mortgae financing.

Last Buyer's Agent

Delia Knight

Howard Hanna Allen Tate Oak Ridge Commons License #225861

Howard Hanna Allen Tate Oak Ridge Commons

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $880

Year Built

  • Built in 1979

Lot Details

  • 1.09 Acre Lot
  • Property is zoned RP

Parking

  • No Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,456 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Quail Oaks Sec 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 116695
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$880

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size Acres: 1.09
  • Subdivision Name: Quail Oaks Sec 01
  • Directions: 220N, Left on Ellisboro Rd., Right on Forrest Rd, Left on Chestnut, Home is on the right
  • Above Grade Finished Sq Ft: 1456
  • Unit Levels: One
  • Year Built: 1979
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1456
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Electric
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 1456
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Community/Subdivision
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 116695
  • Zoning: RP

Tax Info

  • Tax Annual Amount: 879.93
  • Tax Year: 2012
  • TRIADMLS_TaxRate: 0.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Oct 3, 2013
Sold by
Federal National Mortgage Association
Bought by
Serrano Torres Gonzalo
Buyer's Agent
Delia Knight
Howard Hanna Allen Tate Oak Ridge Commons
List Price
$59,900
Sold Price
$56,000
Premium/Discount to List
-$3,900
-6.51%
Current Estimated Value
$262,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,967
Avg. Annual Appreciation
13.27%

Purchase Details

Closed on
Mar 4, 2013
Sold by
Wall Jonathan W and Wall Gloria M
Bought by
Federal National Mortgage Association
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
Serrano Torres Gonzalo -- None Available
Federal National Mortgage Association $102,066 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2013 10/10/13 Sold $56,000 -6.5% $38 / Sq Ft
08/28/2013 08/28/13 Pending -- -- --
08/22/2013 08/22/13 For Sale $59,900 -- $41 / 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 $1,375 $197,861 $23,544 $174,317
2024 $1,310 $197,861 $23,544 $174,317
2023 $986 $122,433 $20,928 $101,505
2022 $955 $122,433 $20,928 $101,505
2021 $955 $122,433 $20,928 $101,505
2020 $955 $122,433 $20,928 $101,505
2019 $955 $122,433 $20,928 $101,505
2018 $920 $117,747 $30,928 $86,819
2017 $920 $117,747 $30,928 $86,819
2015 $908 $115,050 $30,928 $84,122
2014 -- $115,050 $30,928 $84,122
Source: Public Records

Agents Affiliated with this Home

  • Delia Knight

    Buyer's Agent in 2013

    Delia Knight

    Howard Hanna Allen Tate Oak Ridge Commons

    (336) 643-2573

    158 Total Sales

    Delia Knight
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Map

Source: Triad MLS

MLS Number: 682891

Triad MLS

APN: 116695

North Carolina Rockingham County Madison 27025

185 Chestnut Ln, Madison, NC

Not Listed for Sale

Detached

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