NOT LISTED FOR SALE

231 Theatre Rd Madison, NC 27025

Estimated Value: $90,000 - $164,000

2 Beds
1 Bath
1,200 Sq Ft
$109/Sq Ft Est. Value

Last Sold September 29, 2020

Last sale price $40,000 $33 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $779/month

54 Days on Market

Highlights

  • No HOA
  • Multiple cooling system units
  • Forced Air Heating System

About This Home

As of September 2020

Excellent home for someone looking to get away from the hustle and bustle of the city. Nice front porch with swing and a view. Enjoy the quiet and solitude of this home on a dead end with few neighbors and plenty of privacy. Unlimited potential to make someone a perfect home or an investment.

Last Agent to Sell the Property

Carlos Parks

Versatile Real Estate Group License #312386 Listed on: 06/02/2020

Last Buyer's Agent

Betty Smith

Allen Tate Summerfield License #33606

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $494

Year Built

  • Built in 1952

Lot Details

  • 0.5 Acre Lot

Parking

  • Driveway

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,049 Sq Ft Home
  • 900-1,200 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Multiple cooling system units
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Mayodan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 79250023163800
  • 115% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$494

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: 21780
  • Subdivision Name: Mayodan
  • Directions: 311 east to right on bald hill loop, right on tourist rd. Tourist Rd turns into Theater Rd. follow to the end and the house is on the right.
  • Above Grade Finished Sq Ft: 1049
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1952
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 900 - 1200
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 1049
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Frame, Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Cooling: Multiple Systems
  • Heating: Forced Air, Natural Gas
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 79250023163800
  • Zoning: r
  • TRIADMLS_PricePerAcre: 85800
  • TRIADMLS_DeedPage: 1331
  • TRIADMLS_DeedBook: 1271
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 494
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Sep 23, 2020
Sold by
Lashley Jared D and Kirkman Anna Leigh
Bought by
Gorham Charles
Seller's Agent
Carlos Parks
Versatile Real Estate Group
Buyer's Agent
Betty Smith
Allen Tate Summerfield
Sold Price
$40,000
Current Estimated Value
$131,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,936
Avg. Annual Appreciation
29.80%
Original Mortgage
$34,300
Outstanding Balance
$28,215
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$113,870

Purchase Details

Closed on
Jul 18, 2008
Sold by
York Christopher T and York Kelly M
Bought by
York Christopher T and Lashley Jared D

Purchase Details

Closed on
Jan 23, 2006
Sold by
Berry Gary L and Berry Elizabeth R
Bought by
York Christopher T and Lashley Jared D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
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
Gorham Charles $40,000 None Available
York Christopher T -- None Available
York Christopher T $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorham Charles $34,300
Previous Owner York Christopher T $49,500
Previous Owner Berry Gary L $36,452
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $40,000 0.0% $44 / Sq Ft
03/13/2014 03/13/14 Rented $425 0.0% --
02/11/2014 02/11/14 Under Contract -- -- --
01/08/2014 01/08/14 For Rent $425 +6.3% --
10/11/2012 10/11/12 Rented $400 -5.9% --
09/11/2012 09/11/12 Under Contract -- -- --
06/27/2012 06/27/12 For Rent $425 -- --
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 $688 $103,872 $11,880 $91,992
2023 $688 $62,641 $7,236 $55,405
2022 $489 $62,641 $7,236 $55,405
2021 $489 $62,641 $7,236 $55,405
2020 $489 $62,641 $7,236 $55,405
2019 $489 $62,641 $7,236 $55,405
2018 $524 $67,058 $17,200 $49,858
2017 $524 $67,058 $17,200 $49,858
2015 $529 $67,058 $17,200 $49,858
2014 $524 $67,058 $17,200 $49,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 979623

Triad MLS

APN: 122258