NOT LISTED FOR SALE

307 Penn St Madison, NC 27025

Estimated Value: $181,222 - $229,000

4 Beds
1 Bath
1,800 Sq Ft
$113/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $135,000 $75 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,196/month

7 Days on Market

Highlights

  • Built-In Refrigerator
  • Farmhouse Style Home
  • Porch
  • Wood Flooring
  • No HOA
  • Built-In Features

About This Home

As of April 2021

Lovely farmhouse-style home located on a dead-end street in the heart of Madison. The grand entry way will welcome you home with tall ceilings and gorgeous chandelier. The kitchen will be where you'll all want to congregate and it's large enough for the entire family. Across from the kitchen you can get cozy in the living room with a mid-century fireplace that has been updated with gas fire logs. There are more than enough bedrooms for everyone with the fourth bedroom being on the lower level with it's own entry. This bedroom could easily be turned into it's own suite/studio apartment. If you're looking for a large home that holds onto all of it's early American charm, this home is for you.

Last Agent to Sell the Property

Jodi Lester

Realty One Group Results License #246293 Listed on: 03/04/2021

Realty One Group Results

Last Buyer's Agent

Amanda Obregon

Call It Closed International Realty License #313785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,027

Year Built

  • Built in 1925

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 138 x 60.3
  • Cleared Lot
  • Property is zoned R8MD

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Farmhouse Style Home
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,638 Sq Ft Home
  • 1,400-1,800 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Doors
  • Living Room with Fireplace

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Built-In Refrigerator

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Basement

  • Basement Cellar
  • Crawl Space

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Wall Furnace
  • Electric Water Heater

Additional Features

  • Porch
  • City Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 65 / 6051
  • Assessor Parcel Number 178971

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,027

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Lot Size: 138 x 60.3
  • Subdivision Name: None
  • Directions: 220 N/I-73 N to Hwy. to NC 704 exit. (R) onto Hwy. 704 and follow into Madison, passing under 2 stoplights. After the second stoplight, Penn St. is on the left. (L) onto Penn St. and the home is on the left.
  • Above Grade Finished Sq Ft: 1638
  • Architectural Style: Farm House
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1925
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Built-In Refrigerator, Gas Cooktop, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Pantry
  • Has Basement: Cellar, Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1638
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: No

Exterior Features

  • Fencing: None
  • Lot Features: City Lot, Partially Cleared
  • Pool Features: None
  • Exclusions: Storage Building In The Backyard Does Not Convey.
  • Construction Type: Aluminum Siding, Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Heat Pump, Window Unit(s)
  • Heating: Heat Pump, Wall Furnace, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric
  • Energy Features: Insulated Doors, Storm Doors

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 178971
  • Zoning: R8MD
  • TRIADMLS_PlatBook: DB1496-P759
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1027
  • Tax Block: 6051
  • Tax Lot: 65
  • Tax Map Number: 791619
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Apr 23, 2021
Sold by
Stevens Rena White and Stevens Rena
Bought by
Borcyk Gwen C and Borcyk Alexander R
Seller's Agent
Jodi Lester
Realty One Group Results
Buyer's Agent
Amanda Obregon
Call It Closed International Realty
Sold Price
$135,000
Current Estimated Value
$203,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,306
Avg. Annual Appreciation
9.10%
Original Mortgage
$108,300
Outstanding Balance
$89,711
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$113,595

Purchase Details

Closed on
Sep 24, 2015
Sold by
Stevens Charles Wayne and Stevens Rena
Bought by
Stevens Charles Wayne and Stevens Rena
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
Borcyk Gwen C $135,000 None Available
Stevens Charles Wayne -- Attorney
Stevens Charles Wayne -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borcyk Gwen C $108,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $135,000 -- $96 / 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 $1,590 $124,214 $9,261 $114,953
2024 $1,590 $124,214 $9,261 $114,953
2023 $1,590 $72,058 $8,379 $63,679
2022 $1,027 $72,058 $8,379 $63,679
2021 $1,027 $72,058 $8,379 $63,679
2020 $1,027 $72,058 $8,379 $63,679
2019 $1,027 $72,058 $8,379 $63,679
2018 $1,123 $78,756 $13,379 $65,377
2017 $1,123 $78,756 $13,379 $65,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1014335

Triad MLS

APN: 178971