NOT LISTED FOR SALE

190 Forrest Dr Madison, NC 27025

Estimated Value: $234,000 - $320,000

2 Beds
2 Baths
1,400 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 24, 2014

Last sale price $112,000 $80 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,552/month

409 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Soaking Tub
  • Wood Flooring
  • Porch
  • Kitchen Island

About This Home

As of February 2014

Price Reduced-BANK APPROVED Short Sale Don't miss out bring your offer today! Looking for lots of space and a great deal. 2 bdrms & 2 full baths downstairs. Stairs to attic that are open and ready for completion for lots of additional sq. footage or just use as storage.Gorgeous modular waiting for you! Very well maintained and new owner ready. Call today for an appointment. All offers are subject to 3rd party approval. (see agent only remark)

Last Agent to Sell the Property

Amanda Tucker

Carolina Triad Choice Realty License #259744 Listed on: 12/06/2012

Last Buyer's Agent

Rhonda Turbyfill

Coldwell Banker Advantage License #171840

Coldwell Banker Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,069

Year Built

  • Built in 2006

Lot Details

  • 0.55 Acre Lot
  • Property is zoned RP

Parking

  • No Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Den with Fireplace
  • Crawl Space
  • Walk-In Attic
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater
  • Septic Tank
  • Private Sewer

Community Details

  • No Home Owners Association
  • Quail Oaks Subdivision

Listing and Financial Details

  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,069

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Subdivision Name: Quail Oaks
  • Directions: NC 220 to Ellisboro Rd. Rt onto Forrest Dr, Hse on left
  • Above Grade Finished Sq Ft: 1400
  • Architectural Style: Contemporary
  • Unit Levels: Two
  • Year Built: 2006
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Soaking Tub, Kitchen Island
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Den
  • Fireplaces: 1
  • Living Area: 1400
  • Main Level Bathrooms: 2
  • Attic Description: Walk in Attic
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Construction Type: Brick, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

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

  • Zoning: RP

Tax Info

  • Tax Annual Amount: 1069
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 0.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2012
Closed on
Feb 20, 2014
Sold by
Martin Jimmy L and Martin Sharon
Bought by
Clayton Michael D and Clayton Pamela M
Seller's Agent
Amanda Tucker
Carolina Triad Choice Realty
Buyer's Agent
Rhonda Turbyfill
Coldwell Banker Advantage
List Price
$128,500
Sold Price
$112,000
Premium/Discount to List
-$16,500
-12.84%
Current Estimated Value
$264,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,333
Avg. Annual Appreciation
8.12%
Original Mortgage
$100,000
Outstanding Balance
$76,176
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$206,824

Purchase Details

Closed on
May 26, 2006
Sold by
Curry Family Trust
Bought by
Martin Jimmy L and Martin Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,621
Interest Rate
6.5%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Clayton Michael D $112,000 None Available
Martin Jimmy L $16,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clayton Michael D $100,000
Previous Owner Martin Jimmy L $33,621
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2014 02/24/14 Sold $112,000 -12.8% $80 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
12/06/2012 12/06/12 For Sale $128,500 -- $92 / 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 $2,054 $295,425 $19,000 $276,425
2024 $1,173 $295,425 $19,000 $276,425
2023 $1,173 $183,422 $17,000 $166,422
2022 $1,431 $183,422 $17,000 $166,422
2021 $1,431 $183,422 $17,000 $166,422
2020 $1,431 $183,422 $17,000 $166,422
2019 $1,431 $183,422 $17,000 $166,422
2018 $1,338 $171,309 $27,000 $144,309
2017 $1,338 $171,309 $27,000 $144,309
2015 $1,142 $144,756 $27,000 $117,756
2014 $1,120 $143,356 $27,000 $116,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 659258

Triad MLS

APN: 116713