NOT LISTED FOR SALE

231 Madison Beach Rd Madison, NC 27025

Estimated Value: $291,000 - $389,160

3 Beds
2 Baths
2,900 Sq Ft
$115/Sq Ft Est. Value

Last Sold August 29, 2019

Last sale price $170,000 $59 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,918/month

94 Days on Market

Highlights

  • Horses Allowed On Property
  • Attic
  • No HOA
  • Wood Flooring
  • Great Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2019

Private location w/5.8+- acre Great for horses. Move in ready. Large eat in kitchen with lots of cabinets, living room & great room. 2 extra rooms can be in-law suite, mancave or Game room located at other end of home . Office space too. Large private deck. 100% USDA financing and 8000 NC grant money eligible. This would be awesome home for.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,452

Year Built

  • Built in 1959

Lot Details

  • 5.83 Acre Lot
  • Cleared Lot
  • Property is zoned RA

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,700 Sq Ft Home
  • 2,400-2,900 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room
  • Crawl Space
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Schools

  • Western Rockingham Middle School
  • Mcmichael High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Propane
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 114560
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,452

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 5.83
  • Subdivision Name: None
  • Directions: 220 N to Madison Exit. "R" traveling west apx 3 ml to K-Fork Rd "R". Travel apx 1 ml "R" om Madison Beach Rd. 231 is on left ( looks like long drive)
  • Above Grade Finished Sq Ft: 2700
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1959
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2400 - 2900
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Great Room, Ceiling Fan(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 2700
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Horses Allowed, Cleared
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air, Wall Unit(s)
  • Heating: Forced Air, Propane
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 114560
  • Zoning: RA
  • TRIADMLS_AcresRange: 5 - 6

Tax Info

  • Tax Annual Amount: 1452
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 0.781

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2019
Closed on
Aug 29, 2019
Sold by
Justice Debbie Lynn
Bought by
Willard Deanna D
Sold Price
$170,000
Current Estimated Value
$335,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,600
Avg. Annual Appreciation
11.14%
Original Mortgage
$166,920
Outstanding Balance
$147,730
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$186,810
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Willard Deanna D $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willard Deanna D $166,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2021 06/16/21 Off Market $170,000 -- --
08/29/2019 08/29/19 Sold $170,000 -- $71 / 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 $2,169 $323,614 $40,017 $283,597
2024 $2,169 $323,614 $40,017 $283,597
2023 $2,169 $179,454 $25,857 $153,597
2022 $1,436 $179,454 $25,857 $153,597
2021 $1,436 $179,454 $25,857 $153,597
2020 $1,436 $179,454 $25,857 $153,597
2019 $1,436 $179,454 $25,857 $153,597
2018 $1,452 $181,247 $32,625 $148,622
2017 $1,452 $181,247 $32,625 $148,622
2015 $1,466 $181,247 $32,625 $148,622
2014 $1,452 $181,247 $32,625 $148,622
Source: Public Records

Map

Source: Triad MLS

MLS Number: 929771

Triad MLS

APN: 114560