NOT LISTED FOR SALE

408 Luola St Madison, NC 27025

Estimated Value: $349,000 - $457,000

5 Beds
3 Baths
3,617 Sq Ft
$111/Sq Ft Est. Value

Last Sold January 27, 2025

Last sale price $396,900 $110 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,483/month

58 Days on Market

Highlights

  • 1.4 Acre Lot
  • No HOA
  • Attached Carport
  • Traditional Architecture
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of January 2025

If you haven't visited the sweet village living in Madison, you are in for a treat. The style of this beauty is like living in a tree house with some mid-century modern influences. You will love the screen porch and large deck overlooking an expansive yard if you are an outdoor lover. There are two primary bedrooms to choose from, one on the main level and one on the lower level with its own private entrance. Just minutes away you can tube/canoe/SUP down the mighty Dan River as there are two points of entry, one being a new park, Madison River Park. There are many quaint shops in town to investigate! This is Perfect for multi-generational living!

Last Agent to Sell the Property

Jan Branyon

Nest Realty Greensboro License #227715 Listed on: 10/04/2024

Nest Realty Greensboro

Last Buyer's Agent

Kim Martin

Century 21 Total Real Estate Solutions, LLC License #202186

Century 21 Total Real Estate Solutions, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,797

Year Built

  • Built in 1971

Lot Details

  • 1.4

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,617 Sq Ft Home
  • Property has 1 Level
  • Great Room with Fireplace
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

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

Additional Features

  • Porch
  • 1.4 Acre Lot

Community Details

  • No Home Owners Association
  • Vaughn Land Subdivision

Listing and Financial Details

  • Assessor Parcel Number 179988
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,797

Year Built

Built in 1971

Lot Details

1.4 Acres

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1.4
  • Lot Size: 0
  • Subdivision Name: Vaughn Land
  • Directions: MADISON NC ~ Highway 220 to Madison Exit, Highway 311/Academy Street. Academy, L-Dahl St, R- Luola. Home in a culdesac on right.
  • Above Grade Finished Sq Ft: 2085
  • Architectural Style: Traditional
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1971
  • TRIADMLS_PrimaryOnMainYN: Yes
  • Idx Status: Sold
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Finished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Living Area: 3617
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 179988
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 4797
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 1.263

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Jan 27, 2025
Sold by
Holliday Matthew and Holliday Katie
Bought by
Jordan William Patrick and Jordan William
Seller's Agent
Jan Branyon
Nest Realty Greensboro
Buyer's Agent
Kim Martin
Century 21 Total Real Estate Solutions, LLC
List Price
$399,000
Sold Price
$396,900
Premium/Discount to List
-$2,100
-0.53%
Views
119
Current Estimated Value
$403,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,104
Avg. Annual Appreciation
1.40%
Original Mortgage
$249,000
Outstanding Balance
$247,429
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$155,575

Purchase Details

Listed on
Aug 4, 2017
Closed on
Sep 28, 2017
Sold by
Mutch Gary T and Mutch Marsha A
Bought by
Holliday Matthew and Holliday Katie
Seller's Agent
Jeff Biggs
JEFF BIGGS REALTY, INC
List Price
$199,900
Sold Price
$206,640
Premium/Discount to List
$6,740
3.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
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
Jordan William Patrick $397,000 None Listed On Document
Jordan William Patrick $397,000 None Listed On Document
Holliday Matthew $207,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan William Patrick $249,000
Closed Jordan William Patrick $249,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2025 01/27/25 Sold $396,900 -0.5% $110 / Sq Ft
01/03/2025 01/03/25 For Sale $399,000 0.0% $110 / Sq Ft
12/01/2024 12/01/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $399,000 +0.5% $110 / Sq Ft
11/04/2024 11/04/24 Off Market $396,900 -- --
10/04/2024 10/04/24 For Sale $399,000 +93.1% $110 / Sq Ft
09/29/2017 09/29/17 Sold $206,640 +3.4% $71 / Sq Ft View Prior Sale
08/08/2017 08/08/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $199,900 -- $69 / Sq Ft
Source: Triad MLS

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 $4,950 $374,559 $23,771 $350,788
2024 $4,866 $374,559 $23,771 $350,788
2023 $3,048 $207,662 $21,610 $186,052
2022 $3,050 $207,662 $21,610 $186,052
2021 $2,959 $207,662 $21,610 $186,052
2020 $2,959 $207,662 $21,610 $186,052
2019 $2,959 $207,662 $21,610 $186,052
2018 $2,961 $207,625 $28,610 $179,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1157992

Triad MLS

APN: 79150759181300

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