NOT LISTED FOR SALE

308 S Market St Madison, NC 27025

Estimated Value: $117,000 - $194,432

3 Beds
2 Baths
1,900 Sq Ft
$87/Sq Ft Est. Value

Last Sold March 08, 2013

Last sale price $65,000 $34 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,003/month

361 Days on Market

Highlights

  • Attic
  • 2 Car Detached Garage
  • Bungalow
  • No HOA
  • Porch
  • Tile Flooring

About This Home

As of March 2013

BIG SPACE FOR LITTLE MONEY IN THIS HOME OFFERS CENTRAL HEAT AND AIR, AND A 2 CAR GARAGE PAVED DRIVE,BIG YARD, IN TOWN, WALK TO ALL ACTIVITIES IN THE CITY. NEEDS SOME WORK HOWEVER,GIVES SPACE FOR A LARGE FAMILY FOR LESS MONEY. BE AWARE THERE IS A BURIED OIL TANK NEXT TO DRIVEWAY. PRICE SLASHED BY $22,000 REDUCED AGAIN, see it now.

Last Buyer's Agent

Phillip Stone

A New Dawn Realty, Inc License #204126

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,312

Year Built

  • Built in 1947

Lot Details

  • Lot Dimensions are 104 x156
  • Cleared Lot
  • Garden
  • Property is zoned R8

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Unfinished Basement
  • Basement Cellar
  • Attic

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Mcmichael High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water heater updated in the last 3 years

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118988
  • 73% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,312

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size: 104 x156
  • Directions: hwy 220 north, take madison exiit 704w ,at 1st stoplight take left on market st. 2nd home on right. see sign
  • Above Grade Finished Sq Ft: 1900
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Year Built: 1947
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Unknown
  • Flooring: Carpet, Carpet over Wood, Tile
  • Has Basement: Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1900
  • Main Level Bathrooms: 2
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Exterior Features: Garden Space, Paved Drive
  • Fencing: None
  • Lot Features: City Lot, Cleared
  • Construction Type: Brick
  • Foundation Details: Cellar
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Paved Drive, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Schools

  • High School: McMichael

Lot Info

  • Parcel #: 118988
  • Zoning: R8
  • TRIADMLS_DeedPage: 630
  • TRIADMLS_DeedBook: 1146

Tax Info

  • Tax Annual Amount: 1312.27
  • Tax Year: 2011
  • TRIADMLS_TaxRate: 73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2021
Sold by
Liu Wu and Zhao Mei Jin
Bought by
Lin Wu
Current Estimated Value
$164,358

Purchase Details

Listed on
Jan 13, 2012
Closed on
Feb 6, 2013
Sold by
Love Jatana M and Young Teresa M
Bought by
Lin Wu and Lin Chang Song
Buyer's Agent
Phillip Stone
A New Dawn Realty, Inc
List Price
$80,000
Sold Price
$65,000
Premium/Discount to List
-$15,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$52,000
Interest Rate
3.43%
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
Lin Wu -- None Available
Lin Wu $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lin Wu $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2013 03/08/13 Sold $65,000 -18.8% $34 / Sq Ft
01/09/2013 01/09/13 Pending -- -- --
01/13/2012 01/13/12 For Sale $80,000 -- $42 / 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 $1,525 $119,134 $11,138 $107,996
2024 $1,525 $119,134 $11,138 $107,996
2023 $1,022 $71,719 $10,077 $61,642
2022 $1,022 $71,719 $10,077 $61,642
2021 $1,022 $71,719 $10,077 $61,642
2020 $1,022 $71,719 $10,077 $61,642
2019 $1,022 $71,719 $10,077 $61,642
2018 $1,052 $73,758 $15,077 $58,681
2017 $1,052 $73,758 $15,077 $58,681
2015 $1,062 $73,758 $15,077 $58,681
2014 -- $73,758 $15,077 $58,681
Source: Public Records

Agents Affiliated with this Home

  • Phillip Stone

    Buyer's Agent in 2013

    Phillip Stone

    A New Dawn Realty, Inc

    (336) 643-4209

    7 in this area

    222 Total Sales

    Phillip Stone
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Map

Source: Triad MLS

MLS Number: 631410

Triad MLS

APN: 118988

North Carolina Rockingham County Madison 27025

308 S Market St, Madison, NC

This home is located at 308 S Market St, Madison, NC 27025 since 13 January 2012 and is currently estimated at $164,358, approximately $86 per square foot. This property was built in 1947. 308 S Market St is a home located in Rockingham County with nearby schools including John W Dillard Elementary, John W. Dillard Academy, and Western Rockingham Middle School.

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