408 Bailey Rd Madison, NC 27025
Madison AreaEstimated payment $692/month
Highlights
- Attic
- Cottage
- Porch
- No HOA
- 1 Car Detached Garage
- Laundry Room
About This Home
This property is eligible under The Freddie Mac First Look Initiative through 7/8/26. This home has 2 bedrooms and 1 bath. There is a staircase up to second floor area that is unfinished. New Roof... Galley kitchen that is open to dining room area. Laundry room has tile flooring and leads to side deck. Detached garage/storage or shop and sits on an .88 acre lot. Bring your vision to this one!! This property is SOLD "AS-IS". Schedule your showing today!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $989
Year Built
- Built in 1957
Lot Details
- 38,333 Sq Ft Lot
- Lot Dimensions are 99 x 252 x 98 x 90 x 201
- Garden
- Property is zoned RP
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Cottage
- Wood Siding
- Vinyl Siding
Interior Spaces
- 910 Sq Ft Home
- Property has 1 Level
- Living Room with Fireplace
- Crawl Space
- Permanent Attic Stairs
Kitchen
- Oven
- Cooktop
- Dishwasher
Flooring
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer and Dryer Hookup
Outdoor Features
- Porch
Utilities
- Heat Pump System
- Well
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 124753
- 1% Total Tax Rate
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,034 | $148,795 | $18,110 | $130,685 |
| 2024 | $989 | $148,795 | $18,110 | $130,685 |
| 2023 | $989 | $87,899 | $18,023 | $69,876 |
| 2022 | $694 | $87,899 | $18,023 | $69,876 |
| 2021 | $694 | $87,899 | $18,023 | $69,876 |
| 2020 | $694 | $87,899 | $18,023 | $69,876 |
| 2019 | $694 | $87,899 | $18,023 | $69,876 |
| 2018 | $755 | $95,409 | $26,385 | $69,024 |
| 2017 | $755 | $95,409 | $26,385 | $69,024 |
| 2015 | $762 | $95,409 | $26,385 | $69,024 |
| 2014 | $755 | $95,409 | $26,385 | $69,024 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/25/2026 07/25/26 | Price Changed | $114,900 | -4.2% | $126 / Sq Ft |
| 06/08/2026 06/08/26 | For Sale | $119,900 | -- | $132 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $130,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $126,100 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $28,000 | No Value Available |
Source: Triad MLS
MLS Number: 1223582
APN: 124753
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Copyright 2026 Triad MLS, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database. Data cannot be redistributed and cannot be used for any reason other than provided in the contract.
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Ask me questions while you tour the home.