NOT LISTED FOR SALE

407 Cassandra Rd Madison, NC 27025

Estimated Value: $263,000 - $351,000

3 Beds
4 Baths
3,800 Sq Ft
$84/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $187,000 $49 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,105/month

7 Days on Market

Highlights

  • Den with Fireplace
  • Attic
  • Porch
  • Wood Flooring
  • No HOA
  • 2 Car Attached Garage

About This Home

As of December 2019

All Brick in one of Madison's most desired neighborhoods. Morning Coffee overlooking a beautiful view of the bottoms along the Dan River. Cassandra Road is a cul-de-sac neighborhood street with little traffic and lots of privacy. The home features a Sunroom, Two Car attached Garage, Formal Entry, Formal Living & Dining Rooms, two Dens both include fireplaces, Private Fenced Back Yard, Brick Patio and Finished Basement. You don't want to let this one get away!!! 100% USDA Financing Available!

Last Agent to Sell the Property

Mike Bottoms

Keller Williams One License #235884 Listed on: 10/16/2019

Keller Williams One

Last Buyer's Agent

Laura Pate

L & L Real Estate License #290877

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,320

Year Built

  • Built in 1971

Lot Details

  • 0.74 Acre Lot
  • Fenced
  • Property is zoned R10

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,572 Sq Ft Home
  • 3,200-3,800 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Den with Fireplace
  • 2 Fireplaces
  • Finished Basement
  • Fireplace in Basement
  • Dishwasher
  • Dryer Hookup
  • Attic

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Separate Shower

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Vaughn Land Subdivision

Listing and Financial Details

  • Assessor Parcel Number 117255
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,320

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.74
  • Subdivision Name: Vaughn Land
  • Directions: US 220 / (future) I-73 North, Exit at NC 704 towards Madison (West) follow NC 704 becomes Academy Street to Left onto Vaughn Road which becomes Cassandra Road, Home on Left
  • Above Grade Finished Sq Ft: 3572
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1971
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 1000 - 1300
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3200 - 3800
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Oven, Dishwasher, Electric Water Heater
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Dead Bolt(s), Separate Shower
  • Has Basement: Finished, Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1184
  • Fireplace Features: Gas Log, Basement, Den
  • Fireplaces: 2
  • Living Area: 3572
  • Main Level Bathrooms: 1
  • TRIADMLS_HalfBathsLower: 1
  • Attic Description: Floored Attic
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, In Basement, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 117255
  • Zoning: R10
  • TRIADMLS_PricePerAcre: 256621.6216
  • TRIADMLS_DeedPage: 2003
  • TRIADMLS_DeedBook: 1491
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 2320.39
  • Tax Year: 2019
  • TRIADMLS_TaxRate: 1.425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Nov 2, 2019
Sold by
Mcnaught David A and Mcnaught Elizabeth A
Bought by
Marshall Ritchey Julie Ann and Ritchey William James
Seller's Agent
Mike Bottoms
Keller Williams One
Buyer's Agent
Laura Pate
L & L Real Estate
Sold Price
$187,000
Current Estimated Value
$319,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,876
Avg. Annual Appreciation
10.73%
Original Mortgage
$183,612
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 23, 2015
Closed on
Jun 17, 2015
Sold by
Meador Colby L and Meador Jessica P
Bought by
Mcnaught David A and Mcnaught David Alan
Seller's Agent
Phillip Stone
A New Dawn Realty, Inc
Buyer's Agent
Mike Bottoms
Keller Williams One
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$67,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2011
Closed on
Feb 6, 2012
Sold by
Poindexter Bradley T
Bought by
Meador Colby L and Meador Jessica P
Seller's Agent
Phillip Stone
A New Dawn Realty, Inc
Buyer's Agent
Faye Shelton
Five Star Realty
List Price
$100,000
Sold Price
$125,000
Premium/Discount to List
$25,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$100,000
Interest Rate
3.97%
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
Marshall Ritchey Julie Ann $187,000 None Available
Mcnaught David A $150,000 Attorney
Meador Colby L $125,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritchey William James $14,994
Open Marshall Ritchey Julie Ann $184,028
Closed Marshall Ritchey Julie Ann $183,612
Previous Owner Mcnaught David A $67,500
Previous Owner Mcnaught David A $75,000
Previous Owner Meador Colby L $100,000
Previous Owner Poindexter Bradley T $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $187,000 +24.7% $58 / Sq Ft
06/18/2015 06/18/15 Sold $150,000 -3.2% $100 / Sq Ft
05/02/2015 05/02/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $155,000 +24.0% $103 / Sq Ft
02/06/2012 02/06/12 Sold $125,000 +25.0% $72 / Sq Ft
01/06/2012 01/06/12 Pending -- -- --
10/13/2011 10/13/11 For Sale $100,000 -- $57 / 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 $4,342 $339,154 $26,334 $312,820
2023 $4,342 $200,643 $23,940 $176,703
2022 $2,859 $200,643 $23,940 $176,703
2021 $2,859 $200,643 $23,940 $176,703
2020 $2,859 $200,643 $23,940 $176,703
2019 $2,351 $162,834 $23,940 $138,894
2018 $2,298 $158,982 $30,940 $128,042
2017 $2,298 $158,982 $30,940 $128,042
2015 $28 $195,022 $30,940 $164,082
2014 -- $195,022 $30,940 $164,082
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 954015

Triad MLS

APN: 117255