NOT LISTED FOR SALE

241 Dan River Rd Madison, NC 27025

Estimated Value: $198,000 - $220,000

2 Beds
1 Bath
1,400 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $148,000 $106 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,343/month

4 Days on Market

Highlights

  • Horses Allowed On Property
  • Partially Wooded Lot
  • No HOA
  • 17.17 Acre Lot
  • Attic
  • Porch

About This Home

As of July 2020

This cute little home is perfect for the first time home buyer or those looking to downsize their home while still having plenty of property to enjoy! Or live in the home while building your dream home on many possible sites. The 17+ acres includes a secluded, private, stocked, stream-fed 15,000 sq ft pond; multiple outbuildings including a barn and a studio or office; and is only about 500 feet from public access to the Dan River.

HVAC replaced in 2019 and warranty is still in place!

Last Agent to Sell the Property

Benjamin Davis

Five Star Realty License #310568 Listed on: 06/12/2020

Last Buyer's Agent

Jeffrey Rich

TheOne.Homes License #303082

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $685

Year Built

  • Built in 1950

Lot Details

  • 17.17 Acre Lot
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned RA

Home Design

  • Bungalow
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,282 Sq Ft Home
  • 1,100-1,400 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Pull Down Stairs to Attic
  • Free-Standing Range
  • Dryer Hookup

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 130336
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$685

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 17.17
  • Subdivision Name: None
  • Directions: From 704 or 311, take Settle Bridge Road to Dan River Road. Property is on the right about 1/4 mile.
  • Above Grade Finished Sq Ft: 1282
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1100 - 1400
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Cooktop, Range Hood, Electric Water Heater
  • Flooring: Laminate, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s)
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 1282
  • Main Level Bathrooms: 1
  • Attic Description: Access Only, Pulldown Stairs
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Fencing: Fenced, Partial
  • Lot Features: Horses Allowed, Partially Cleared, Partially Wooded, Rolling Slope
  • Pool Features: None
  • Construction Type: Stone, Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Parking Features: Driveway, Field, Gravel, No Garage
  • Garage Description: None

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 130336
  • Zoning: RA
  • TRIADMLS_PricePerAcre: 9260.3378
  • TRIADMLS_DeedPage: 1798
  • TRIADMLS_DeedBook: 1553
  • TRIADMLS_AcresRange: 15 - 18

Tax Info

  • Tax Annual Amount: 684.59
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 0.795

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jul 18, 2020
Sold by
Burch Robert Anthony
Bought by
Bullins Charles J
Seller's Agent
Benjamin Davis
Five Star Realty
Buyer's Agent
Jeffrey Rich
TheOne.Homes
Sold Price
$148,000
Current Estimated Value
$231,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,501
Avg. Annual Appreciation
9.09%
Original Mortgage
$140,600
Outstanding Balance
$126,541
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$103,100

Purchase Details

Closed on
Jan 16, 2019
Sold by
Burton Barbara
Bought by
Burch Robert Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Bullins Charles J $148,000 None Available
Burch Robert Anthony $90,000 None Available
Burch Robert Anthony -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bullins Charles J $140,600
Previous Owner Burch Robert Anthony $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $148,000 +85.0% $135 / Sq Ft
09/05/2014 09/05/14 Sold $80,000 -14.0% $78 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
03/14/2014 03/14/14 For Sale $93,000 -- $90 / 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
2024 $911 $140,245 $78,627 $61,618
2023 $911 $94,301 $55,388 $38,913
2022 $750 $94,301 $55,388 $38,913
2021 $750 $94,301 $55,388 $38,913
2020 $750 $94,301 $55,388 $38,913
2019 $685 $86,112 $55,388 $30,724
2018 $644 $80,846 $52,818 $28,028
2017 $644 $80,846 $52,818 $28,028
2014 $644 $80,846 $52,818 $28,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 980918

Triad MLS

APN: 130336