NOT LISTED FOR SALE

311 W Academy St Madison, NC 27025

Estimated Value: $213,000 - $276,649

4 Beds
2 Baths
3,000 Sq Ft
$77/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $125,000 $42 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,489/month

106 Days on Market

Highlights

  • Living Room with Fireplace
  • No HOA
  • Porch
  • Wood Flooring
  • 1 Car Detached Garage
  • Central Air

About This Home

As of October 2020

LOOKING FOR CHARM AND CHARACTER? You will love this 10 room home on a large lot in Madison. Huge covered wrap around porch. 4 bedrooms, 2 baths, large dining room and living room. Ideal setup to live on 2nd floor and work from home on 1st floor. Vinyl siding, modern windows, updated heat/air, sealed crawl space. Lots of possibilities with this property. Could be your personal residence or great investment property. Don't miss out on this opportunity to live/work near downtown Madison. Reduced to $149,900.

Last Agent to Sell the Property

Jeff Biggs

JEFF BIGGS REALTY, INC License #137580 Listed on: 05/06/2020

Last Buyer's Agent

Jeff Biggs

JEFF BIGGS REALTY, INC License #137580 Listed on: 05/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,033

Year Built

  • Built in 1915

Lot Details

  • 0.8 Acre Lot
  • Property is zoned R8MD

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,812 Sq Ft Home
  • 2,500-3,000 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Living Room with Fireplace
  • 4 Fireplaces
  • Den with Fireplace

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Porch

Schools

  • Western Rockingham Middle School
  • Mcmichael High School

Utilities

  • Central Air
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 175614
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,033

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.8
  • Lot Size: .8
  • Subdivision Name: None
  • Directions: Hwy 704 to Madison exit, Hwy 704 to Academy St, property on the left.
  • Above Grade Finished Sq Ft: 2812
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1915
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2500 - 3000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Den, Living Room, Primary Bedroom
  • Fireplaces: 4
  • Living Area: 2812
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Floor Furnace, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric
  • Energy Features: Insulated Windows

Condo/Co-op/Association

  • Association: No

Schools

  • High School: McMichael
  • Middle Or Junior School: Western Rockingham

Lot Info

  • Parcel #: 175614
  • Zoning: R8MD
  • TRIADMLS_PricePerAcre: 187375
  • TRIADMLS_DeedPage: 2175
  • TRIADMLS_DeedBook: 1516
  • TRIADMLS_PlatBook: 68-36
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2033
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.426

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2016
Sold by
Keith J Neal
Bought by
Haley Timothy and Haley Kimberly
Current Estimated Value
$230,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$65,852
Interest Rate
4.08%
Estimated Equity
$164,810
Source: Public Records

Range of Values:

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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
Haley Timothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haley Timothy $80,000
Closed Haley Timothy --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $125,000 -30.5% $50 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $179,900 -- $72 / 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 $2,813 $219,769 $11,088 $208,681
2023 $1,941 $136,175 $10,080 $126,095
2022 $1,941 $136,175 $10,080 $126,095
2021 $1,941 $136,175 $10,080 $126,095
2020 $1,941 $136,175 $10,080 $126,095
2019 $1,941 $136,175 $10,080 $126,095
2018 $1,926 $135,042 $15,080 $119,962
2017 $1,926 $135,042 $15,080 $119,962
2015 $1,945 $135,042 $15,080 $119,962
2014 $1,926 $135,042 $15,080 $119,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 975978

Triad MLS

APN: 175614