NOT LISTED FOR SALE

305 Carter St Madison, NC 27025

Estimated Value: $161,000 - $207,000

3 Beds
2 Baths
1,500 Sq Ft
$123/Sq Ft Est. Value

Last Sold April 29, 2024

Last sale price $205,000 $137 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,180/month

115 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Central Air
  • Porch
  • Tankless Water Heater

About This Home

As of April 2024

Welcome to this meticulously renovated, move-in ready home in the heart of Madison. The newly laid concrete driveway and front walk lead you to the expansive covered front porch. As you enter the open-concept living space you will find LVP flooring spanning throughout the home and a cozy stone face accent wall with a decorative electric fireplace. The kitchen boasts solid surface, granite-looking countertops, stainless steel appliances, and contemporary cabinetry. Every corner of this home reflects thoughtful renovation, from the all-new windows, kitchen, bathrooms, HVAC/furnace, flooring, lighting, driveway, enclosed garage, interior paint, exterior siding/paint, and seeded/strawed easy-to-maintain yard. Nestled in a prime location just minutes from downtown Madison, grocery stores, shopping, and dining, this property offers the perfect fusion of convenience and timeless style.

Last Agent to Sell the Property

Brittany Shermer

eXp Realty License #309105 Listed on: 12/08/2023

eXp Realty

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $981

Year Built

  • Built in 1940

Lot Details

  • 7,627 Sq Ft Lot
  • Property is zoned R8MD

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,418 Sq Ft Home
  • 1,200-1,500 Sq Ft Home
  • Property has 1 Level
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Mendenhall Middle School
  • Mcmichael High School

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118952
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$981

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.1751
  • Subdivision Name: None
  • Directions: Head south on I-840. Continue to Rockingham County. Follow US-220 N and NC-704 W/US-311 S to Carter St in Madison.
  • Above Grade Finished Sq Ft: 1418
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1200 - 1500
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Tankless Water Heater
  • Has Basement: Cellar, Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1418
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric, Tankless

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Dillard Academy
  • High School: McMichael
  • Middle Or Junior School: Mendenhall

Lot Info

  • Parcel #: 118952
  • Zoning: R8MD
  • TRIADMLS_PricePerAcre: 1170759.566
  • TRIADMLS_DeedPage: 2382-2382
  • TRIADMLS_DeedBook: 1642
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 981.2
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Apr 28, 2024
Sold by
Barrientos Benjamin Gomez and Palacios Sanchez Antonia
Bought by
Gelley Daniel
Seller's Agent
Brittany Shermer
eXp Realty
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$259,900
Sold Price
$205,000
Premium/Discount to List
-$54,900
-21.12%
Views
485
Current Estimated Value
$184,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,558
Avg. Annual Appreciation
-8.55%
Original Mortgage
$15,000
Outstanding Balance
$14,798
Interest Rate
6.74%
Estimated Equity
$166,585

Purchase Details

Closed on
Feb 15, 2023
Sold by
Smith James S and Smith Myra M
Bought by
Sanchez Antonio Palacios

Purchase Details

Closed on
Feb 16, 2013
Sold by
Smith James S and Smith Myra M
Bought by
Smith James S and Smith Myra M
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
Gelley Daniel $205,000 None Listed On Document
Sanchez Antonio Palacios $65,000 --
Smith James S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelley Daniel $15,000
Open Gelley Daniel $190,750
Previous Owner James S Jr & Myra M Smith Living Trust $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $205,000 0.0% $171 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/18/2024 03/18/24 Price Changed $205,000 -8.9% $171 / Sq Ft
02/16/2024 02/16/24 Price Changed $225,000 -4.3% $188 / Sq Ft
01/07/2024 01/07/24 Price Changed $235,000 -6.0% $196 / Sq Ft
12/18/2023 12/18/23 Price Changed $250,000 -3.8% $208 / Sq Ft
12/08/2023 12/08/23 For Sale $259,900 -- $217 / 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 $2,186 $170,772 $4,910 $165,862
2024 $1,527 $119,311 $4,910 $114,401
2023 $1,527 $68,856 $4,488 $64,368
2022 $981 $68,856 $4,488 $64,368
2021 $981 $68,856 $4,488 $64,368
2020 $981 $68,856 $4,488 $64,368
2019 $981 $68,856 $4,488 $64,368
2018 $831 $58,302 $8,752 $49,550
2017 $831 $58,302 $8,752 $49,550
2015 $1,188 $82,495 $8,752 $73,743
2014 $1,176 $82,495 $8,752 $73,743
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1127260

Triad MLS

APN: 118952