NOT LISTED FOR SALE

400 N Franklin St Madison, NC 27025

Estimated Value: $182,000 - $222,000

3 Beds
2 Baths
1,900 Sq Ft
$107/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $124,000 $65 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,337/month

27 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Porch
  • Tile Flooring
  • No HOA
  • Bungalow
  • Attached Carport

About This Home

As of March 2019

Charming home on corner lot features wrap around porch, covered parking, 20 ft deck, large living room, and sunroom. Many updates including, kitchen cabinets, appliances, lighting, and tile floors. Master on the main with a spacious renovated bathroom. Replacement windows, new carpet, updated electrical, all led lighting, and so many more features. Storage building (20x12) remains. Schedule an appointment today!

Last Agent to Sell the Property

Julie Glandt

Southeast Realty Partners License #288678 Listed on: 01/15/2019

Last Buyer's Agent

NONMEMBER NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,336

Year Built

  • Built in 1940

Lot Details

  • 0.26 Acre Lot
  • Fenced
  • Property is zoned R8

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,794 Sq Ft Home
  • 1,600-1,900 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Western Rockingham Middle School
  • Mcmichael High School

Utilities

  • Heat Pump System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118436
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,336

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Subdivision Name: None
  • Directions: 220 N. Hwy 704 Madison exit (R) towards Madison, cross bridge, (R) at stoplight (Market St.) Cross 3 lights, left on Tidball Ave. The House is on the corner of Franklin/Tidball.
  • Above Grade Finished Sq Ft: 1794
  • Architectural Style: Bungalow
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1600 - 1900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Gas Water Heater
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Dead Bolt(s), Pantry
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1794
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Lighting
  • Fencing: Fenced, Privacy
  • Lot Features: City Lot
  • Pool Features: None
  • Construction Type: Brick, Vinyl Siding, Wood Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Attached Carport
  • Garage Description: Attached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Security Lights, Security System, Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Dillard Academy
  • High School: McMichael
  • Middle Or Junior School: Western Rockingham

Lot Info

  • Parcel #: 118436
  • Zoning: R8
  • TRIADMLS_PricePerAcre: 488461.5385
  • TRIADMLS_DeedPage: 2004
  • TRIADMLS_DeedBook: 1401
  • TRIADMLS_PlatBook: 3-46
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1336
  • Tax Year: 2017
  • TRIADMLS_TaxRate: 1.426

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Mar 28, 2019
Sold by
Peche John
Bought by
Njuguna Maria Jean
Seller's Agent
Julie Glandt
Southeast Realty Partners
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$129,900
Sold Price
$124,000
Premium/Discount to List
-$5,900
-4.54%
Current Estimated Value
$202,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,436
Avg. Annual Appreciation
9.52%
Original Mortgage
$124,000
Outstanding Balance
$110,557
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$110,780

Purchase Details

Closed on
Sep 9, 2010
Sold by
The Carol M Reid Living Trust
Bought by
Peche John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,373
Interest Rate
4.6%
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
Njuguna Maria Jean $124,000 None Available
Peche John $93,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Njuguna Maria Jean $124,000
Closed Njuguna Maria Jean $124,000
Previous Owner Peche John $96,373
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $124,000 -4.5% $78 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $129,900 -- $81 / 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 $2,733 $213,482 $5,719 $207,763
2023 $2,733 $120,481 $5,227 $115,254
2022 $1,717 $120,481 $5,227 $115,254
2021 $1,717 $120,481 $5,227 $115,254
2020 $1,717 $120,481 $5,227 $115,254
2019 $1,717 $120,481 $5,227 $115,254
2018 $1,336 $93,693 $9,535 $84,158
2017 $1,336 $93,693 $9,535 $84,158
2015 $1,350 $93,693 $9,535 $84,158
2014 $1,336 $93,693 $9,535 $84,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 914400

Triad MLS

APN: 118436