NOT LISTED FOR SALE

471 Bear Rd Madison, NC 27025

Estimated Value: $226,978 - $258,000

3 Beds
2 Baths
1,700 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $131,500 $77 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,426/month

14 Days on Market

Highlights

  • Attic
  • Detached Carport Space
  • Vinyl Flooring
  • No HOA
  • Central Air

About This Home

As of May 2019

Schedule your appointment today to see this newly remodeled home on 3 acres! This home is Move in ready and waiting for your personal touch. The seller offers $500 for Home Warranty and will also will pay 3% of closing cost for the buyer. COME CHECK OUT YOUR NEW HOME TODAY!!

Last Agent to Sell the Property

Heather Nicole Shelton

Real Broker LLC License #288035 Listed on: 03/18/2019

Real Broker LLC

Last Buyer's Agent

Faye Shelton

Five Star Realty License #233432

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $1,153

Year Built

  • Built in 2004

Lot Details

  • 3 Acre Lot
  • Cleared Lot

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • 1,400-1,700 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Built-In Range
  • Attic

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 127824

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$1,153

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Manufactured Home
  • Prop. Type: Residential
  • Lot Size Acres: 3
  • Lot Size: 130,680
  • Subdivision Name: None
  • Directions: Off 220 go 3.2 mi turn right on Baggage rd 1.7 mi turn on Bald Hill loop then 2.2 mi turn right on Bear rd
  • Above Grade Finished Sq Ft: 1568
  • Unit Levels: One
  • Structure Type: Manufactured House
  • Year Built: 2004
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1400 - 1700
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Built-In Range, Electric Water Heater
  • Flooring: Laminate, Vinyl
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1568
  • Main Level Bathrooms: 2
  • Attic Description: No Access
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Cleared
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 127824
  • Zoning: RA
  • TRIADMLS_AcresRange: 3 - 3

Tax Info

  • Tax Annual Amount: 1153
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 13, 2019
Sold by
Joyce Megan Marie and Collins Cody Lee
Bought by
Mcclelland Ervin and Mcclelland Cindy
Seller's Agent
Heather Nicole Shelton
Real Broker LLC
Buyer's Agent
Faye Shelton
Five Star Realty
Sold Price
$131,500
Current Estimated Value
$245,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,495
Avg. Annual Appreciation
9.89%
Original Mortgage
$129,117
Outstanding Balance
$114,462
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$131,533

Purchase Details

Closed on
Aug 19, 2016
Sold by
Vipperman Joseph M and Vipperman Joseph Michael
Bought by
Joyce Megan Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,850
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2015
Closed on
May 11, 2016
Sold by
Secretary Of Housing & Urban Development
Bought by
Vipperman Joseph M
Seller's Agent
Tara Tillman
WESTCHESTER REALTY
Buyer's Agent
Joe Vipperman
Aspenwood Realtors
List Price
$115,000
Sold Price
$65,069
Premium/Discount to List
-$49,931
-43.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.79%

Purchase Details

Closed on
Jul 22, 2015
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jul 17, 2015
Sold by
Nelson Greg M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 27, 2007
Sold by
The Bank Of New York Trust Company Na
Bought by
Nelson Greg Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,166
Interest Rate
5.63%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 29, 2007
Sold by
Mccoy Randolph
Bought by
The Bank Of New York Trust Company N A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcclelland Ervin $131,500 None Available
Joyce Megan Marie $83,000 Attorney
Vipperman Joseph M -- None Available
Secretary Of Housing & Urban Development -- Attorney
Wells Fargo Bank Na $87,550 None Available
Nelson Greg Michael $81,000 None Available
The Bank Of New York Trust Company N A $97,665 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclelland Ervin $129,117
Previous Owner Joyce Megan Marie $78,850
Previous Owner Nelson Greg Michael $80,166
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2021 06/16/21 Off Market $131,500 -- --
05/13/2019 05/13/19 Sold $131,500 +102.1% $94 / Sq Ft
05/13/2016 05/13/16 Sold $65,069 -43.4% $46 / Sq Ft View Prior Sale
04/15/2016 04/15/16 Pending -- -- --
12/10/2015 12/10/15 For Sale $115,000 -- $82 / 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 $1,649 $237,190 $47,355 $189,835
2024 $1,577 $237,190 $47,355 $189,835
2023 $1,577 $143,241 $30,135 $113,106
2022 $1,132 $143,241 $30,135 $113,106
2021 $1,132 $143,241 $30,135 $113,106
2020 $1,132 $143,241 $30,135 $113,106
2019 $1,103 $139,579 $30,135 $109,444
2018 $1,153 $145,799 $35,830 $109,969
2017 $1,153 $145,799 $35,830 $109,969
2015 $1,137 $142,340 $35,830 $106,510
2014 $1,126 $142,340 $35,830 $106,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 923280

Triad MLS

APN: 127824