NOT LISTED FOR SALE

206 S Market St Madison, NC 27025

Estimated Value: $284,000 - $377,828

4 Beds
2.5 Baths
3,300 Sq Ft
$96/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $180,000 $55 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,017/month

99 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Porch
  • Main Floor Primary Bedroom
  • Balcony
  • Veranda

About This Home

As of June 2016

Interested in owning your own Bed and Breakfast?! This gorgeous historic 4 bed, 2.5 bath home in downtown Madison is conveniently located within walking distance of restaurants and shops. Circa 1830-with endless possibilities, spacious rooms, original hdwd floors, waynes coating in most rooms, elegant moldings, and dual staircases. Kitchen is in process of being attractively updated with new granite countertops and tile backsplash. Don't miss out on the opportunity to own a piece of Madison's history!

Last Agent to Sell the Property

Kim Martin

Century 21 Total Real Estate Solutions, LLC License #202186 Listed on: 03/12/2016

Century 21 Total Real Estate Solutions, LLC

Last Buyer's Agent

Kim Martin

Century 21 Total Real Estate Solutions, LLC License #202186 Listed on: 03/12/2016

Century 21 Total Real Estate Solutions, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,197

Year Built

  • Built in 1830

Lot Details

  • 0.84 Acre Lot
  • Cleared Lot
  • Property is zoned TCDMD

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,049 Sq Ft Home
  • 2,700-3,300 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room with Fireplace
  • Wood Flooring
  • Dryer Hookup
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Balcony
  • Veranda
  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • New Heights Acres Subdivision

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 175176
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,197

Year Built

Built in 1830

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.84
  • Lot Size: 0
  • Subdivision Name: New Heights Acres
  • Directions: US 220 N to Madison/NC-704 Exit. Turn right onto US-220 Branch / US-311 / NC-704 / Wesley D Webster Hwy. Turn right onto S Market St. House on left.
  • Above Grade Finished Sq Ft: 3049
  • Unit Levels: Two
  • Year Built: 1830
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2700 - 3300
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Wood
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 3049
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsUpper: 1
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Exterior Features: Balcony, Veranda/Breezeway
  • Fencing: None
  • Lot Features: Cleared
  • Construction Type: Vinyl Siding
  • Flood Zone: Not in Flood Zone

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 175176
  • Zoning: TCDMD
  • TRIADMLS_PricePerAcre: 238095.2381
  • TRIADMLS_PlatPage: 86b
  • TRIADMLS_DeedPage: 2091
  • TRIADMLS_DeedBook: 1472
  • TRIADMLS_PlatBook: 3
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2197
  • Tax Lot: 64
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 1.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2016
Sold by
Smith Catherine B and Smith Bobby Ray
Bought by
Proverbs 3:5&6 Llc
Current Estimated Value
$315,707

Purchase Details

Listed on
Mar 12, 2016
Closed on
Jun 20, 2016
Sold by
Market Street Madison Llc
Bought by
Smith Catherine Barker
Seller's Agent
Kim Martin
Century 21 Total Real Estate Solutions, LLC
Buyer's Agent
Kim Martin
Century 21 Total Real Estate Solutions, LLC
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%

Purchase Details

Closed on
May 14, 2014
Sold by
Apple Elizabeth F and Joyce Jane F
Bought by
Market Street Madison Llc
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
Proverbs 3:5&6 Llc -- None Available
Smith Catherine Barker $180,000 Attorney
Market Street Madison Llc $75,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $180,000 -10.0% $67 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
03/12/2016 03/12/16 For Sale $200,000 -- $74 / 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 $3,558 $277,945 $57,750 $220,195
2023 $2,554 $179,238 $52,500 $126,738
2022 $2,554 $179,238 $52,500 $126,738
2021 $2,554 $179,238 $52,500 $126,738
2020 $2,554 $179,238 $52,500 $126,738
2019 $2,554 $179,238 $52,500 $126,738
2018 $2,197 $154,072 $63,000 $91,072
2017 $2,197 $154,072 $63,000 $91,072
2015 $2,219 $154,072 $63,000 $91,072
2014 -- $154,072 $63,000 $91,072
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kim Martin

    Century 21 Total Real Estate Solutions, LLC

    (336) 451-0064

    12 in this area

    305 Total Sales

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Map

Source: Triad MLS

MLS Number: 786900

Triad MLS

APN: 175176

North Carolina Rockingham County Madison 27025

206 S Market St, Madison, NC

This home is located at 206 S Market St, Madison, NC 27025 since 12 March 2016 and is currently estimated at $315,707, approximately $95 per square foot. This property was built in 1830. 206 S Market St is a home located in Rockingham County with nearby schools including John W Dillard Elementary, John W. Dillard Academy, and Western Rockingham Middle School.

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