NOT LISTED FOR SALE

303 Summit St Madison, NC 27025

-- Bed
-- Bath
-- Sq Ft
1970 Built

Last Sold June 19, 2023

Last sale price $290,000

330 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • Carpet

About This Home

As of June 2023

Multi-Family rental complex with 6 units.Each has 2 bedrooms,1 bath.1 level brick exterior,convenient to shopping,dining,and I-73/nc 220.Most are long term tenants. Great Investment opportunity.Apx 800+ sq ft each unit.7th unit could be remodeled for more income potential

Last Agent to Sell the Property

Boyd Higgs

North Star Realty License #170285 Listed on: 04/26/2022

Last Buyer's Agent

John Shipley

Shipley Co LLC License #265293

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,730

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 166 x 270 x 114 x 276

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 117175
  • 0% Total Tax Rate

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,730

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 166 x 270 x 114 x 276
  • Directions: gps is best ,just off 311/academy
  • Year Built: 1970
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Partial

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 117175
  • Zoning: r8
  • TRIADMLS_PlatBook: 5-29
  • TRIADMLS_AcresRange: -

Multi Family

  • Number Of Units In Community: 1
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 1730
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.1436
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2023 06/19/23 Sold $290,000 -19.4% --
03/23/2023 03/23/23 Pending -- -- --
02/22/2023 02/22/23 Price Changed $360,000 -14.3% --
01/17/2023 01/17/23 Price Changed $420,000 0.0% --
04/26/2022 04/26/22 For Sale $420,000 -- --
Source: Triad MLS

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 $2,531 $197,753 $22,750 $175,003
2024 $2,531 $197,753 $22,750 $175,003
2023 $1,730 $121,409 $22,750 $98,659
2022 $1,730 $121,409 $22,750 $98,659
2021 $1,730 $121,409 $22,750 $98,659
2020 $1,730 $121,409 $22,750 $98,659
2019 $1,730 $121,409 $22,750 $98,659
2018 $1,713 $120,099 $18,200 $101,899
2017 $1,713 $120,099 $18,200 $101,899
2015 $1,730 $120,099 $18,200 $101,899
2014 $1,713 $120,099 $18,200 $101,899
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Boyd Higgs

    North Star Realty

    (336) 627-1050

    5 in this area

    178 Total Sales

    Boyd Higgs
    Section Image
  • John Shipley

    Buyer's Agent in 2023

    John Shipley

    Shipley Co LLC

    (336) 497-0749

    1 in this area

    289 Total Sales

    John Shipley
    Section Image
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Map

Source: Triad MLS

MLS Number: 1067273

Triad MLS
North Carolina Rockingham County Madison 27025

303 Summit St, Madison, NC

Not Listed for Sale

MultiFamily

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