NOT LISTED FOR SALE

4042 Nc Highway 704 Madison, NC 27025

Estimated Value: $166,000 - $189,000

2 Beds
1 Bath
1,000 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 22, 2015

Last sale price $35,000 $35 Per Sq Ft

Est. 408% increase in value since last sale

Current estimated payment $1,021/month

113 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Central Air

About This Home

As of July 2015

Home in convenient location to Reidsville,Madison, and Hwy 220 to Greensboro!Detached garage with large yard.Unfinished basement and a permanent attic ready to finish out for more space!The seller has directed that all offers on this listing be made using the HomePath Online Offer System at the HomePath website.

Last Agent to Sell the Property

Mary Beth Powell

RE/MAX Realty Consultants License #233426 Listed on: 03/25/2015

RE/MAX Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $713

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 222x150
  • Property is zoned RA

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 858 Sq Ft Home
  • 700-1,000 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Private Water Source
  • Well
  • Water heater updated in the last 3 years
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 122321
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$713

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single
  • Prop. Type: Residential
  • Lot Size: 222x150
  • Subdivision Name: None
  • Directions: Hwy 704 going into Madison
  • Above Grade Finished Sq Ft: 858
  • Unit Levels: One
  • Year Built: 1950
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 1000
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Water Heater: Unknown
  • Has Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 858
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Basement

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 122321
  • Zoning: RA
  • TRIADMLS_DeedPage: 1090
  • TRIADMLS_DeedBook: 1454
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 713.06
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 0.753

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Jul 10, 2015
Sold by
Fannie Mae
Bought by
Alverson Keith R
Seller's Agent
Mary Beth Powell
RE/MAX Realty Consultants
List Price
$68,900
Sold Price
$35,000
Premium/Discount to List
-$33,900
-49.2%
Current Estimated Value
$177,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,680
Avg. Annual Appreciation
17.19%

Purchase Details

Closed on
Dec 30, 2014
Sold by
Savitz Lauren and Savitz Michael
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 25, 2013
Sold by
Savitz Lauren and Savitz Michael
Bought by
Savitz Lauren and Savitz Lauren Berdette Tudor

Purchase Details

Closed on
May 17, 2007
Sold by
Most Joseph and Most Penelope T
Bought by
Savitz Lauren and Savitz Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,700
Interest Rate
6.12%
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
Alverson Keith R -- Attorney
Federal National Mortgage Association $79,802 None Available
Savitz Lauren -- None Available
Savitz Lauren $96,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Savitz Lauren $95,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2015 07/22/15 Sold $35,000 -49.2% $50 / Sq Ft
07/17/2015 07/17/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $68,900 -- $98 / 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 $953 $137,153 $22,000 $115,153
2024 $476 $137,153 $22,000 $115,153
2023 $738 $88,737 $18,000 $70,737
2022 $713 $88,737 $18,000 $70,737
2021 $692 $88,737 $18,000 $70,737
2020 $713 $88,737 $18,000 $70,737
2019 $711 $88,737 $18,000 $70,737
2018 $742 $92,467 $28,000 $64,467
2017 $746 $92,467 $28,000 $64,467
2015 $720 $92,222 $28,000 $64,222
2014 $720 $92,222 $28,000 $64,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 750323

Triad MLS

APN: 122321