NOT LISTED FOR SALE

190 Raleigh Rd Madison, NC 27025

Estimated Value: $235,000 - $325,000

3 Beds
2 Baths
2,100 Sq Ft
$133/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $160,000 $76 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,668/month

459 Days on Market

Highlights

  • Secluded Lot
  • No HOA
  • Porch
  • Wood Flooring
  • Log Cabin
  • Detached Carport Space

About This Home

As of March 2019

This is a charming, rustic log home on 2 acres nestled above the banks of scenic Reed Creek just west of Madison. It has 2 Bedrooms and a Bathroom downstairs and a large Master Suite upstairs. The Pump House is log construction and large enough for storage also. There is a traditional storage outbuilding and an unusual tall, square outbuilding with a window upstairs for wildlife viewing. The Carport includes a wood-fired brick kiln used for firing Pottery. Please call for an appointment. No ride-bys.

Last Agent to Sell the Property

Linda McInnis

Butterfly Realty License #167272 Listed on: 11/17/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,192

Year Built

  • Built in 1982

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 288 x 158 x 238 x 244 x 34 x 80 x 288
  • Street terminates at a dead end
  • Secluded Lot
  • Property is zoned R20MD

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Log Cabin
  • Slab Foundation
  • Vinyl Siding
  • Log Siding

Interior Spaces

  • 1,984 Sq Ft Home
  • 1,700-2,100 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Western Rockingham Middle School
  • Mcmichael High School

Utilities

  • Heat Pump System
  • Heating System Uses Wood
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 114069
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,192

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 2
  • Lot Size: 288 x 158 x 238 x 244 x 34 x 80 x 288
  • Subdivision Name: None
  • Directions: From US 220 go West on NC 704. It turns into E. Academy Street and then W. Academy Street. Continue West through Madison on W. Academy. (It is also US 311.) Make a right on Reed Loop. At the back of the Loop Raleigh Road begins. Go through gate at end.
  • Above Grade Finished Sq Ft: 1984
  • Architectural Style: Log
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1982
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1700 - 2100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Blower Fan, Great Room
  • Fireplaces: 1
  • Living Area: 1984
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Lot Features: Dead End, Secluded
  • Pool Features: None
  • Construction Type: Log, Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Septic Tank
  • Cooling: Heat Pump
  • Heating: Fireplace(s), Heat Pump, Electric, Wood
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric, Wood Fuel
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Dillard
  • High School: McMichael
  • Middle Or Junior School: Western Rockingham

Lot Info

  • Parcel #: 114069
  • Zoning: R20MD
  • TRIADMLS_PricePerAcre: 87500
  • TRIADMLS_DeedPage: 462
  • TRIADMLS_DeedBook: 1235
  • TRIADMLS_AcresRange: 2 - 2

Tax Info

  • Tax Annual Amount: 1192
  • Tax Year: 2016
  • TRIADMLS_TaxRate: 0.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2017
Closed on
Mar 22, 2019
Sold by
Gutsell James Burnell and Gutsell Agnes Jane
Bought by
Richards Steven J and Richards Christy Lynn
Seller's Agent
Linda McInnis
Butterfly Realty
List Price
$192,000
Sold Price
$160,000
Premium/Discount to List
-$32,000
-16.67%
Current Estimated Value
$278,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,919
Avg. Annual Appreciation
9.04%
Original Mortgage
$155,200
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2005
Sold by
Newman Lanny Ford and Newman Marie C
Bought by
Gutsell James Burnell
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Richards Steven J $160,000 None Available
Gutsell James Burnell $165,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Steven J $153,750
Closed Richards Steven J $155,200
Previous Owner Gutsell James B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $160,000 -16.7% $94 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
11/17/2017 11/17/17 For Sale $192,000 -- $113 / 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 $1,924 $287,084 $25,389 $261,695
2024 $1,924 $287,084 $25,389 $261,695
2023 $1,924 $159,493 $16,405 $143,088
2022 $1,276 $159,493 $16,405 $143,088
2021 $1,276 $159,493 $16,405 $143,088
2020 $1,276 $159,493 $16,405 $143,088
2019 $1,276 $159,493 $16,405 $143,088
2018 $1,192 $148,779 $26,405 $122,374
2017 $1,192 $148,779 $26,405 $122,374
2015 $1,204 $148,779 $26,405 $122,374
2014 -- $148,779 $26,405 $122,374
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 858211

Triad MLS

APN: 114069