$400,000
SOLD JUN 10, 2025

200 Mccollum Rd Madison, NC 27025

116 Acres
$3,448 Price per Acre
5,052,960 Sq Ft Lot

Recently Sold

$347 Per Sq Ft

30% Below List Price

124 Days on Market

Highlights

  • 116 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Mountain View
  • No HOA

About This Lot

As of June 2025

Bring your vision to life on 116 +/- acres of prime land in the Bethany area, offering spectacular views and endless possibilities. Don't miss this rare opportunity to make this extraordinary property yours. The land will include one existing well and septic on the property. Minutes to Greensboro, Madison and Reidsville. GREAT LOCATION!!!

Last Agent to Sell the Property

Christy Carroll

Southern Roots Realty Group License #312769 Listed on: 01/24/2025

Co-Listed By

Gina Johnson

Southern Roots Realty Group License #327253

Last Buyer's Agent

Grandy Tuck

eXp Realty License #293292

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,431

Lot Details

  • 116 Acre Lot
  • Property fronts a private road
  • Dirt Road
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R110

Property Views

  • Mountain Views

Utilities

  • Well
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 127883
  • 1% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$3,431

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 116
  • Road Frontage Type: Private Road
  • Road Surface Type: Dirt
  • Co List Office Mls Id: GSORORG01
  • Subdivision Name: None
  • Directions: 220 exit toward Reidsville to 704 then take right on McCollum RD property is on the right
  • TRIADMLS_PhoneYN: Yes
  • TRIADMLS_LandDescription: Cleared Land, Mountain View, Partially Cleared, Rolling, Wooded
  • Special Features: None

Interior Features

  • Possible Use: Manufactured Home, Multi-Family, Pasture, Timber
  • Basement YN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared, Partially Cleared, Rolling Slope, Wooded

Utilities

  • Sewer: Septic Tank
  • Electric: Energy United
  • Water Source: Well
  • TRIADMLS_CableYN: Yes
  • Gas Company: Type: None Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 127883
  • Zoning: R110
  • TRIADMLS_PricePerAcre: 3448.2759
  • TRIADMLS_DeedPage: 0166
  • TRIADMLS_DeedBook: 1589

Green Features

  • TRIADMLS_EnvironmentalHazards: No

Tax Info

  • Tax Annual Amount: 3431.05
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 0.664

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2025
Closed on
Jun 4, 2025
Sold by
William Edgar Broadnax Revocable Living
Bought by
Combs Larry C
Seller's Agent
Christy Carroll
Southern Roots Realty Group
Buyer's Agent
Grandy Tuck
eXp Realty
List Price
$575,000
Sold Price
$400,000
Premium/Discount to List
-$175,000
-30.43%
Views
136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
184.25%

Purchase Details

Closed on
Nov 3, 2020
Sold by
Broadnax William E and Broadnax Margaret
Bought by
Broadnax William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,682
Interest Rate
2.9%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $400,000 Chicago Title
Warranty Deed $400,000 Chicago Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,682 VA
Previous Owner $243,100 VA
Previous Owner $200,000 New Conventional
Previous Owner $173,625 New Conventional
Previous Owner $174,250 New Conventional
Previous Owner $23,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Sold $400,000 -19.8% $347 / Sq Ft
05/28/2025 05/28/25 Pending -- -- --
05/10/2025 05/10/25 Price Changed $499,000 -13.2% $433 / Sq Ft
05/07/2025 05/07/25 For Sale $575,000 0.0% $499 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
04/01/2025 04/01/25 Price Changed $575,000 -8.0% $499 / Sq Ft
03/31/2025 03/31/25 Price Changed $625,000 -10.7% $543 / Sq Ft
03/26/2025 03/26/25 Price Changed $700,000 -4.8% $608 / Sq Ft
03/07/2025 03/07/25 Price Changed $735,000 -2.0% $638 / Sq Ft
01/24/2025 01/24/25 For Sale $750,000 -- $651 / 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
2024 $3,434 $516,025 $357,840 $158,185
2023 $3,434 $306,079 $218,686 $87,393
2022 $2,422 $306,079 $218,686 $87,393
2021 $2,418 $306,079 $218,686 $87,393
2020 $2,422 $306,079 $218,686 $87,393
2019 $2,422 $306,079 $218,686 $87,393
2018 $2,304 $290,815 $216,444 $74,371
2017 $2,304 $290,815 $216,444 $74,371
2015 $2,327 $290,815 $216,444 $74,371
2014 $2,304 $290,815 $216,444 $74,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1168299

Triad MLS

APN: 127883