NOT LISTED FOR SALE

405 Cassandra Rd Madison, NC 27025

Estimated Value: $282,000 - $356,000

5 Beds
3 Baths
2,600 Sq Ft
$124/Sq Ft Est. Value

Last Sold February 23, 2012

Last sale price $155,000 $60 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,015/month

262 Days on Market

Highlights

  • Great Room with Fireplace
  • Porch
  • Forced Air Heating System
  • No HOA
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of February 2012

Beautiful Brick home in Madison's premier subdivision. Heated Sun Room, formal dinning room, Fenced rear yard, Many updates recently completed. Detached Work building 12x16 with power/lights. Landscaped yard. The basement is partially finished. Broker owned.

Last Agent to Sell the Property

Charles Rakestraw

Rakestraw Builders, Inc., DBA Rakestraw Properties License #157717 Listed on: 05/06/2011

Last Buyer's Agent

Dawn Stone

A New Dawn Realty, Inc License #189791

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 1973

Lot Details

  • Lot Dimensions are 181 x 214
  • Dog Run
  • Fenced
  • Sloped Lot
  • Property is zoned R10

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,600 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Great Room with Fireplace
  • 2 Fireplaces
  • Basement
  • Fireplace in Basement
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Heat Pump System
  • Heating System Uses Natural Gas

Additional Features

  • Porch
  • City Lot

Community Details

  • No Home Owners Association
  • Vaughnland Subdivision

Listing and Financial Details

  • Legal Lot and Block 5719 / 15
  • Assessor Parcel Number 117256
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,463

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 181 x 214
  • Subdivision Name: Vaughnland
  • Directions: Hwy 220 North, Take Madison Exit;Hwy 311 West, Left on Vaughn Road- Vaughn Road turns into Cassandra. House is on the left.
  • Above Grade Finished Sq Ft: 2600
  • Architectural Style: Ranch
  • Unit Levels: One
  • Year Built: 1973
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 750
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2600
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Dishwasher, Exhaust Fan
  • Flooring: See Remarks
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Basement, Great Room
  • Fireplaces: 2
  • Living Area: 2600
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

  • Exterior Features: Dog Run
  • Fencing: Fenced
  • Lot Features: City Lot, Sloped
  • Construction Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection
  • Cooling: Heat Pump
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Unknown

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 117256
  • Zoning: R10

Tax Info

  • Tax Annual Amount: 2463.18
  • Tax Block: 15
  • Tax Lot: 5719
  • Tax Map Number: 791506
  • Tax Year: 2010
  • TRIADMLS_TaxRate: 1.436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2011
Closed on
Feb 16, 2012
Sold by
Rakestraw Investment Co Inc
Bought by
Gentry Jeffrey C
Seller's Agent
Charles Rakestraw
Rakestraw Builders, Inc., DBA Rakestraw Properties
Buyer's Agent
Dawn Stone
A New Dawn Realty, Inc
List Price
$162,200
Sold Price
$155,000
Premium/Discount to List
-$7,200
-4.44%
Current Estimated Value
$321,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,862
Avg. Annual Appreciation
5.40%
Original Mortgage
$158,332
Outstanding Balance
$108,578
Interest Rate
3.91%
Mortgage Type
VA
Estimated Equity
$213,284
Source: Public Records
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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
Gentry Jeffrey C $155,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gentry Jeffrey C $158,332
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2012 02/23/12 Sold $155,000 -4.4% $60 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
05/06/2011 05/06/11 For Sale $162,200 -- $62 / 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 $3,979 $308,070 $20,064 $288,006
2024 $3,980 $308,070 $20,064 $288,006
2023 $3,980 $168,812 $18,240 $150,572
2022 $2,406 $168,812 $18,240 $150,572
2021 $2,406 $168,812 $18,240 $150,572
2020 $2,406 $168,812 $18,240 $150,572
2019 $2,406 $168,812 $18,240 $150,572
2018 $2,292 $160,724 $30,110 $130,614
2017 $2,292 $160,724 $30,110 $130,614
2015 $2,315 $160,724 $30,110 $130,614
2014 $2,292 $160,724 $30,110 $130,614
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 612080

Triad MLS

APN: 117256