NOT LISTED FOR SALE

227 Cardinal Rd Madison, NC 27025

Estimated Value: $341,000 - $382,000

3 Beds
2 Baths
2,500 Sq Ft
$143/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $345,000 $138 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,051/month

86 Days on Market

Highlights

  • Dining Room with Fireplace
  • 2 Car Detached Garage
  • Central Air
  • No HOA
  • Detached Carport Space
  • Heat Pump System

About This Home

As of February 2024

Ready for more privacy? This beautifully remodeled home has room to roam. The large detached garage is great for hobbies. Extra storage space in the basement or finish the basement to extra living space. This home has so much to offer!

Last Agent to Sell the Property

Heather Nicole Shelton

Real Broker LLC License #288035 Listed on: 10/05/2023

Real Broker LLC

Last Buyer's Agent

Kim Martin

Century 21 Total Real Estate Solutions, LLC License #202186

Century 21 Total Real Estate Solutions, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,283

Year Built

  • Built in 1968

Lot Details

  • 1.62 Acre Lot
  • Property is zoned RA

Parking

  • 2 Car Detached Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,312 Sq Ft Home
  • 2,000-2,500 Sq Ft Home
  • Property has 1 Level
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Unfinished Basement
  • Fireplace in Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 79060019758800

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,283

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.62
  • Lot Size: 70567
  • Subdivision Name: None
  • Directions: 227 Cardinal Rd Madison NC 27025
  • Above Grade Finished Sq Ft: 2312
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1968
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2000 - 2500
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_AdCopy: Ready for more privacy? This beautifully remodeled home has room to roam. The large detached garage is great for hobbies. Extra storage space in the basement or finish the basement to extra living space. Seller allowing $3500 credit for appliances.
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Basement, Dining Room
  • Fireplaces: 2
  • Living Area: 2312
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Garage, Detached Carport, Detached
  • Garage Description: Detached Carport, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Private
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 79060019758800
  • Zoning: RA
  • TRIADMLS_AcresRange: 1 - 2

Tax Info

  • Tax Annual Amount: 1283
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Feb 13, 2024
Sold by
Collins Cody L and Collins Megan M
Bought by
Allen Jason T
Seller's Agent
Heather Nicole Shelton
Real Broker LLC
Buyer's Agent
Kim Martin
Century 21 Total Real Estate Solutions, LLC
List Price
$385,000
Sold Price
$345,000
Premium/Discount to List
-$40,000
-10.39%
Views
244
Current Estimated Value
$357,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,483
Avg. Annual Appreciation
1.90%
Original Mortgage
$338,751
Outstanding Balance
$332,776
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$24,707

Purchase Details

Closed on
Oct 8, 2021
Sold by
Collins Robert W
Bought by
Joyce Megan M and Collins Cody L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,080
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Allen Jason T $345,000 None Listed On Document
Allen Jason T $345,000 None Listed On Document
Joyce Megan M $206,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Jason T $338,751
Closed Allen Jason T $338,751
Previous Owner Joyce Megan M $208,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $345,000 0.0% $173 / Sq Ft
12/31/2023 12/31/23 Pending -- -- --
12/29/2023 12/29/23 Price Changed $345,000 -2.8% $173 / Sq Ft
11/27/2023 11/27/23 Price Changed $355,000 -2.7% $178 / Sq Ft
11/02/2023 11/02/23 Price Changed $365,000 -2.7% $183 / Sq Ft
10/20/2023 10/20/23 Price Changed $375,000 -2.6% $188 / Sq Ft
10/05/2023 10/05/23 For Sale $385,000 -- $193 / 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 $2,209 $329,597 $19,122 $310,475
2024 $2,198 $328,009 $19,122 $308,887
2023 $2,198 $160,353 $12,355 $147,998
2022 $1,283 $160,353 $12,355 $147,998
2021 $1,283 $160,353 $12,355 $147,998
2020 $722 $160,353 $12,355 $147,998
2019 $722 $160,353 $12,355 $147,998
2018 $747 $169,402 $22,355 $147,047
2017 $743 $169,402 $22,355 $147,047
2015 $663 $159,196 $22,355 $136,841
2014 $657 $159,196 $22,355 $136,841
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1121444

Triad MLS

APN: 114504