$149,000
$9K PRICE DROP

408 Bailey Rd Madison, NC 27025

Estimated payment $869/month

Total Views 91,123
2 Beds
1 Bath
981 Sq Ft
$152 Price per Sq Ft

Highlights

  • No HOA
  • Bungalow
  • Central Air
  • Porch
  • Detached Carport Space
  • 1 Car Garage

About This Home

Charming bungalow in a peaceful rural setting on nearly one acre, offering comfort, space, and potential. This adorable home features a nicely updated kitchen, a separate dining room perfect for gatherings, and a dedicated laundry room for added convenience. The spacious lot provides room to garden, entertain, or simply enjoy the outdoors. A detached garage adds valuable storage or workshop potential. With plenty of charm and room to make it your own, this is a wonderful opportunity to enjoy country living at its best.

Listing Agent

Tina Phillips

Mark Spain Real Estate License #321525 Listed on: 05/14/2025

Mark Spain Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $989

Year Built

  • Built in 1957

Lot Details

  • 0.88 Acre Lot
  • Rural Setting
  • Level Lot
  • Property is zoned RP

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 981 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dishwasher
  • Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Attic

  • Walk-In Attic
  • Permanent Attic Stairs

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Wood
  • Private Water Source
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 124753
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$989

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.88
  • Lot Size: 38333
  • Subdivision Name: None
  • Directions: From NC 704 head East toward Mosely Loop, turn Right onto Bailey
  • Above Grade Finished Sq Ft: 981
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1957
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_LandDescription: Level, Rural
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Free-Standing Range, Electric Water Heater
  • Flooring: Carpet, Laminate, Vinyl
  • Has Basement: Crawl Space
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 981
  • Main Level Bathrooms: 1
  • Attic Description: Permanent Stairs, Walk in Attic
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Garden
  • Fencing: None
  • Lot Features: Level, Rural
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway, Garage, Detached Carport
  • Garage Description: Detached Carport

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Heat Pump, Electric, Wood
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Electric, Wood Fuel
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 124753
  • Zoning: RP
  • TRIADMLS_PricePerAcre: 169318.1818
  • TRIADMLS_DeedPage: 0531
  • TRIADMLS_DeedBook: 1654

Tax Info

  • Tax Annual Amount: 989
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 0.7848

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Price Changed $149,000 -5.7% $152 / Sq Ft
05/14/2025 05/14/25 For Sale $158,000 -- $161 / Sq Ft
Source: Triad MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Source: Public Records

About the Listing Agent

Tina Phillips

Mark Spain Real Estate

(336) 551-9903

Section Image

I'm a passionate REALTOR with a flair for design and a heart for service. As a cancer survivor, I bring resilience and determination to every real estate journey. With a background in interior design, I have an eye for transforming spaces into dream homes. Whether you're buying, selling, or investing, I'm dedicated to making your real estate experience seamless and enjoyable. Proudly serving the NC from the Mountains to the Lake, I thrive on creating lasting connections with clients. Outside of

Tina's Other Listings

  • 608 Cedar St, Eden, NC 27288

    $115,000

    • 2 Beds
    • 1 Bath
    • 966 Sq Ft
    • 608 Cedar St
    • Eden, NC

    Charming 2-bedroom, 1-bath bungalow offering convenience and potential. This cozy home features a remodeled bathroom, newer windows, and a 5-year-old HVAC system, providing a great start for your personal updates. The layout is functional and inviting, with opportunities to make it your own. The yard has ample space for a garden or outdoor entertaining. Located just minutes from downtown, local

    Tina Phillips Mark Spain Real Estate

    Section Image
  • 4205 Kildare Dr, Greensboro, NC 27405

    $162,000

    • 4 Beds
    • 2 Baths
    • 1,193 Sq Ft
    • 4205 Kildare Dr
    • Greensboro, NC

    Charming 4-bedroom, 2-bath brick home full of potential. This property features original hardwood floors, tons of natural light, a spacious fenced-in backyard, and sits on a large lot with plenty of room to grow. While the home does need some work, it offers a great opportunity for those looking to add their personal touch or invest in a renovation project. Conveniently located just minutes from

    Tina Phillips Mark Spain Real Estate

    Section Image
  • 347 Old Hollow Rd, Winston Salem, NC 27105

    $324,900

    • 3 Beds
    • 2 Baths
    • 2,911 Sq Ft
    • 347 Old Hollow Rd
    • Winston Salem, NC

    Welcome to a property where the potential and possibilities are endless! With a BRAND NEW ROOF, this spacious home offers a smart, functional layout with beautiful oak hardwood floors running throughout, providing character in every room. The large, fenced-in backyard is ideal for entertaining, gardening, or simply enjoying your own private retreat. A standout feature is the oversized, two-car

    Tina Phillips Mark Spain Real Estate

    Section Image
  • 1120 Bethania Rural Hall Rd, Rural Hall, NC 27045

    $479,000

    • 3 Beds
    • 3 Baths
    • 3,349 Sq Ft
    • 1120 Bethania Rural Hall Rd
    • Rural Hall, NC

    This beautifully updated 3 bed, 3 bath brick ranch sits on nearly 2 acres and has been lovingly maintained by the same family since it was built. Partially fenced for pets or play, the yard offers plenty of space for gardening or entertaining. Fully renovated in 2021, the home features engineered hardwood flooring, fresh interior paint, LED lighting, and updated bathrooms with walk-in showers.

    Tina Phillips Mark Spain Real Estate

    Section Image
  • 1773 Grand Silo Way, Winston Salem, NC 27127

    $200,000

    • 2 Beds
    • 2.5 Baths
    • 1,444 Sq Ft
    • 1773 Grand Silo Way
    • Winston Salem, NC

    Well-kept and move-in ready end-unit townhouse just minutes from Baptist Hospital, downtown Winston-Salem, shopping, restaurants, and grocery stores—yet nestled in a peaceful, country-like setting. This 2 bed, 2.5 bath home features LVP flooring throughout the main level, main level laundry, and a vaulted ceiling in the primary bedroom with en-suite bath, walk-in closet and second closet for

    Tina Phillips Mark Spain Real Estate

    Section Image
  • 334 E Swannanoa Ave, Liberty, NC 27298

    $320,000

    • 4 Beds
    • 2.5 Baths
    • 2,728 Sq Ft
    • 334 E Swannanoa Ave
    • Liberty, NC

    Step into timeless charm with this beautifully maintained historic home built in 1908, located in the heart of Liberty. Thoughtfully updated while preserving its character, this home features original hardwood floors, a remodeled kitchen with granite countertops, a spacious island, and generous cabinetry. The second-story foyer adds to the home's unique architectural appeal, offering room to

    Tina Phillips Mark Spain Real Estate

    Section Image
  • 200 Montclair Dr, Advance, NC 27006

    $325,000 Pending

    • 3 Beds
    • 2.5 Baths
    • 1,856 Sq Ft
    • 200 Montclair Dr
    • Advance, NC

    Located in a sought-after neighborhood, this home not only offers room to grow, but a great opportunity to make a solid home your own. The layout includes a spacious primary suite with a private en suite bath featuring a relaxing jacuzzi tub. Gutter guards are already in place for added convenience. The upstairs HVAC was replaced within the last 5 years, and the downstairs unit has been regularly

    Tina Phillips Mark Spain Real Estate

    Section Image
  • 411 Westside Dr, Lexington, NC 27292

    $135,000

    • 3 Beds
    • 1 Bath
    • 876 Sq Ft
    • 411 Westside Dr
    • Lexington, NC

    Beautifully updated bungalow just moments from downtown Lexington, known as the BBQ Capital of NC! This move-in ready home boasts modern updates while maintaining timeless charm. Inside, enjoy new LVP flooring throughout, fresh interior paint, upgraded fixtures, and a stunning granite countertop kitchen. The inviting wrap-around porch offers the perfect spot to relax and unwind, while the updated

    Tina Phillips Mark Spain Real Estate

    Section Image
  • 149 Paw Ln, Mocksville, NC 27028

    $75,000 Pending

    • 3 Beds
    • 3 Baths
    • 1,748 Sq Ft
    • 149 Paw Ln
    • Mocksville, NC

    Looking for a property with potential? This 3 bed, 3 bath mobile home sits on 1.87 acres and is ready for your vision! While the home needs some TLC and updates, the spacious lot offers plenty of opportunity. An easement allows you to build your dream home while enjoying a beautiful view of the pond across the street. Whether you're looking for an investment, a fixer-upper, or land to create

    Tina Phillips Mark Spain Real Estate

    Section Image

Source: Triad MLS

MLS Number: 1180512

Triad MLS

APN: 124753