NOT LISTED FOR SALE

401 Summit St Madison, NC 27025

Estimated Value: $656,000 - $1,054,000

-- Bed
-- Bath
1,560 Sq Ft
$555/Sq Ft Est. Value

About This Home

This home is located at 401 Summit St, Madison, NC 27025 and is currently estimated at $866,372, approximately $555 per square foot. 401 Summit St is a home located in Rockingham County with nearby schools including John W. Dillard Academy, John W Dillard Elementary, and Western Rockingham Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Jddnc Summit Llc
Bought by
Bramida Llc
Current Estimated Value
$866,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Outstanding Balance
$732,424
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$133,948

Purchase Details

Closed on
Mar 15, 2023
Sold by
Jddnc Holdings Llc
Bought by
Jddnc Summit Llc

Purchase Details

Closed on
Nov 7, 2022
Sold by
Folio Investments Llc
Bought by
Jddnc Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,900
Interest Rate
1.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2021
Sold by
Nickekrson Enterprises Llc
Bought by
Folio Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
3.1%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Bramida Llc $975,000 None Listed On Document
Jddnc Summit Llc -- --
Jddnc Holdings Llc $595,000 --
Folio Investments Llc $390,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bramida Llc $740,000
Previous Owner Jddnc Holdings Llc $368,900
Previous Owner Folio Investments Llc $292,500
Source: Public Records

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 $10,418 $810,516 $42,750 $767,766
2024 $5,705 $445,654 $42,750 $402,904
2023 $3,939 $276,432 $42,750 $233,682
2022 $3,939 $276,432 $42,750 $233,682
2021 $3,939 $276,432 $42,750 $233,682
2020 $3,939 $276,432 $42,750 $233,682
2019 $4,494 $315,379 $42,750 $272,629
2018 $4,546 $318,827 $34,200 $284,627
2017 $4,546 $318,827 $34,200 $284,627
2014 $4,546 $318,827 $34,200 $284,627
Source: Public Records

Map

North Carolina Rockingham County Madison 27025

401 Summit St, Madison, NC

Not Listed for Sale

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