487 Bailey Rd Madison, NC 27025
Estimated Value: $322,000 - $774,507
--
Bed
1
Bath
1,800
Sq Ft
$288/Sq Ft
Est. Value
About This Home
This home is located at 487 Bailey Rd, Madison, NC 27025 and is currently estimated at $517,836, approximately $287 per square foot. 487 Bailey Rd is a home located in Rockingham County with nearby schools including John W. Dillard Academy, Western Rockingham Middle School, and Huntsville Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 22, 2016
Sold by
Raines Betty C and Baysdon Betty C
Bought by
Corum Todd E and Corum Michelle
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$57,119
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$460,718
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Corum Todd E | $260,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Corum Todd E | $125,000 |
Source: Public Records
Tax History Compared to Growth
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 | $4,229 | $608,377 | $267,293 | $341,084 |
| 2024 | $3,832 | $576,373 | $267,293 | $309,080 |
| 2023 | $3,832 | $380,079 | $163,286 | $216,793 |
| 2022 | $3,003 | $380,079 | $163,286 | $216,793 |
| 2021 | $3,003 | $380,079 | $163,286 | $216,793 |
| 2020 | $3,003 | $380,079 | $163,286 | $216,793 |
| 2019 | $2,810 | $355,714 | $163,286 | $192,428 |
| 2018 | $2,242 | $283,403 | $111,955 | $171,448 |
| 2017 | $1,726 | $218,152 | $111,955 | $106,197 |
| 2015 | $1,743 | $218,152 | $111,955 | $106,197 |
| 2014 | $1,290 | $218,152 | $111,955 | $106,197 |
Source: Public Records
Map
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