NOT LISTED FOR SALE

232 Alene Loop Madison, NC 27025

Estimated Value: $69,702 - $415,000

1 Acre
$240,567 Price per Acre
43,560 Sq Ft Lot

Last Sold July 28, 2022

Last sale price $8,000

Est. 2,907% increase in value since last sale

Current estimated payment $1,272/month

261 Days on Market

About This Lot

As of July 2022

ideal building stick built or modular home, buyer to verify all permits and systems, one acre in a quiet neighborhood, Easy access to downtown Madison or hwy 220

Last Agent to Sell the Property

Eddie Barker

Price & Associates, Realty License #188733 Listed on: 10/09/2021

Last Buyer's Agent

Eddie Barker

Price & Associates, Realty License #188733 Listed on: 10/09/2021

Property Details

Property Type

  • Land

Lot Details

  • 1 Acre Lot
  • Property is zoned R20

Home Design

  • Tar and Gravel Roof

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 117110
  • 0% Total Tax Rate

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 1
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Directions: 704. left on covered bridge rd, left on alene, lot on left.
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 117110
  • Zoning: R20
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 152097
  • Tax Year: 2020
  • TRIADMLS_TaxRate: 0.0131

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2021
Closed on
Jul 18, 2022
Sold by
Matthew Patrick
Bought by
Menher Group Llc
Seller's Agent
Eddie Barker
Price & Associates, Realty
Buyer's Agent
Eddie Barker
Price & Associates, Realty
List Price
$10,000
Sold Price
$8,000
Premium/Discount to List
-$2,000
-20%
Current Estimated Value
$240,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,567
Avg. Annual Appreciation
168.96%
Original Mortgage
$8,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2017
Closed on
Jun 23, 2018
Sold by
Dowdy Donna and Dowdy Lisa
Bought by
Patrick Matthew
Seller's Agent
Kris Cayton
A New Dawn Realty, Inc
Buyer's Agent
Eddie Barker
Price & Associates, Realty
List Price
$22,000
Sold Price
$7,000
Premium/Discount to List
-$15,000
-68.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.35%
Source: Public Records
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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
Menher Group Llc $8,000 Seth M Woodall & Associates Pl
Patrick Matthew $7,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Menher Group Llc $8,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2022 07/28/22 Sold $8,000 -20.0% --
06/28/2022 06/28/22 Pending -- -- --
10/09/2021 10/09/21 For Sale $10,000 +42.9% --
07/09/2018 07/09/18 Sold $7,000 -68.2% -- View Prior Sale
05/20/2018 05/20/18 Pending -- -- --
05/29/2017 05/29/17 For Sale $22,000 -- --
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 $171 $19,245 $19,245 $0
2024 $140 $19,245 $19,245 $0
2023 $140 $11,722 $11,722 $0
2022 $91 $11,722 $11,722 $0
2021 $91 $11,722 $11,722 $0
2020 $91 $11,722 $11,722 $0
2019 $91 $11,722 $11,722 $0
2018 $179 $22,960 $22,960 $0
2017 $179 $22,960 $22,960 $0
2015 $181 $22,960 $22,960 $0
2014 $179 $22,960 $22,960 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1045489

Triad MLS

APN: 117110