NOT LISTED FOR SALE

224 Island Dr Madison, NC 27025

Estimated Value: $177,000 - $190,000

3 Beds
1 Bath
1,500 Sq Ft
$122/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $154,000 $103 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,153/month

49 Days on Market

Highlights

  • Wood Flooring
  • Attached Carport
  • Level Lot
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

3 Bedroom, 1 bathroom brick ranch home located in Madison. Features of this home include a brand new HVAC system (to be installed this week), 1 car attached carport, asphalt driveway with additional parking area, storage building, unfinished basement, and a large flat back yard. Just minutes from restaurants, parks, and shopping. Please see agent only remarks. Schedule your appointment today.

Last Agent to Sell the Property

Kris Cayton

A New Dawn Realty, Inc License #228902 Listed on: 09/14/2022

Last Buyer's Agent

Tanya Hood

Realty One Group Results License #312548

Realty One Group Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,253

Year Built

  • Built in 1957

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100 x 181 x 100 x 181
  • Level Lot
  • Cleared Lot
  • Property is zoned R10

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,344 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Pull Down Stairs to Attic
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • In Flood Plain

Schools

  • Western Rockingham Middle School
  • Mcmichael High School

Utilities

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

Community Details

  • No Home Owners Association
  • Ma Ca Subdivision

Listing and Financial Details

  • Tax Lot 2 & 3
  • Assessor Parcel Number 118552
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,253

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Lot Size: 100 x 181 x 100 x 181
  • Subdivision Name: Ma-Ca
  • Directions: Highway 704/311 through Madison. Turn Right onto Island Drive. Home will be on the right.
  • Above Grade Finished Sq Ft: 1344
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1957
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Slide-In Oven/Range, Range Hood, Gas Water Heater
  • Flooring: Laminate, Wood
  • Has Basement: Unfinished, Basement, Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1344
  • Main Level Bathrooms: 1
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Lot Features: Cleared, Level
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Flood Plain

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Paved, Attached Carport
  • Garage Description: Attached Carport

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 118552
  • Zoning: R10
  • TRIADMLS_PricePerAcre: 375609.7561
  • TRIADMLS_PlatPage: 99
  • TRIADMLS_DeedPage: 1673
  • TRIADMLS_DeedBook: 1615
  • TRIADMLS_PlatBook: 7
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1253
  • Tax Lot: 2 & 3
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 1.425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Dec 6, 2022
Sold by
Southern Estates Llc
Bought by
Hyatt Bethany and Hyatt Darnell
Seller's Agent
Kris Cayton
A New Dawn Realty, Inc
Buyer's Agent
Tanya Hood
Realty One Group Results
List Price
$174,900
Sold Price
$154,000
Premium/Discount to List
-$20,900
-11.95%
Views
106
Current Estimated Value
$182,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,861
Avg. Annual Appreciation
6.86%
Original Mortgage
$151,210
Outstanding Balance
$146,542
Interest Rate
6.61%
Mortgage Type
FHA
Estimated Equity
$37,783

Purchase Details

Closed on
Nov 23, 2021
Sold by
Wfe Llc
Bought by
Southern Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,145
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 9, 2019
Sold by
American Partners Federal Credit Union
Bought by
Wfe Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
3.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 21, 2016
Sold by
Powell Ii Tony J and Powell Tabatha F
Bought by
American Partners Federa Credit Union

Purchase Details

Closed on
Feb 17, 2014
Sold by
Powell Tabatha Flynn
Bought by
Powell Ii Tony J
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 Buyer Sale Price Title Company
Hyatt Bethany $154,000 --
Southern Estates Llc $86,500 None Available
Wfe Llc $67,000 Chicago Title Insurance Co
American Partners Federa Credit Union $69,600 None Available
Powell Ii Tony J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hyatt Bethany $10,348
Open Hyatt Bethany $151,210
Previous Owner Southern Estates Llc $86,145
Previous Owner Wfe Llc $67,000
Previous Owner Powell Tabatha Flynn $62,000
Previous Owner Powell Tony $45,000
Closed Hyatt Bethany $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $154,000 -6.6% $128 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
10/28/2022 10/28/22 Price Changed $164,900 -2.9% $137 / Sq Ft
10/12/2022 10/12/22 Price Changed $169,900 -2.9% $142 / Sq Ft
09/14/2022 09/14/22 For Sale $174,900 0.0% $146 / Sq Ft
01/15/2019 01/15/19 Rented $800 -5.9% --
12/16/2018 12/16/18 Under Contract -- -- --
11/20/2018 11/20/18 For Rent $850 -- --
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 $1,972 $154,039 $13,716 $140,323
2024 $1,972 $154,039 $13,716 $140,323
2023 $1,972 $87,954 $12,420 $75,534
2022 $1,253 $87,954 $12,420 $75,534
2021 $1,253 $87,954 $12,420 $75,534
2020 $1,253 $87,954 $12,420 $75,534
2019 $1,253 $87,954 $12,420 $75,534
2018 $1,259 $88,306 $11,170 $77,136
2017 $1,259 $88,306 $11,170 $77,136
2015 $1,272 $88,306 $11,170 $77,136
2014 -- $88,306 $11,170 $77,136
Source: Public Records

Agents Affiliated with this Home

  • Kris Cayton

    Seller's Agent in 2022

    Kris Cayton

    A New Dawn Realty, Inc

    (336) 613-2235

    10 in this area

    142 Total Sales

    Kris Cayton
    Section Image

  • T

    Buyer's Agent in 2022

    Tanya Hood

    Realty One Group Results

    (336) 749-0483

    1 in this area

    37 Total Sales

    Tanya Hood
    Section Image

  • Z

    Seller's Agent in 2019

    Zara Mabe

    SOUTHLAND PROPERTIES

    (336) 552-7908

    9 Total Sales

    Zara Mabe
    Section Image
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Map

Source: Triad MLS

MLS Number: 1084038

Triad MLS

APN: 118552

North Carolina Rockingham County Madison 27025

224 Island Dr, Madison, NC

This home is located at 224 Island Dr, Madison, NC 27025 since 14 September 2022 and is currently estimated at $182,861, approximately $121 per square foot. This property was built in 1957. 224 Island Dr 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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