NOT LISTED FOR SALE

490 K Fork Rd Madison, NC 27025

Estimated Value: $397,372

-- Bed
-- Bath
-- Sq Ft
15 Acres

Last Sold April 27, 2018

Last sale price $210,000

Est. 89% increase in value since last sale

Current estimated payment $2,398/month

308 Days on Market

About This Home

As of April 2018

9800 sf building on 15 Acres with beautiful pond! Brick building has massive banquet room with stage, large kitchen area, meeting room, offices, 4 bathrooms, lounge/bar, several storage rooms, & large paved parking lot. Rolling landscape was previously used as 9 hole golf course with irrigation. Old bath house & concessions building at filled in pool area. 2 car carport/storage shed. Paved driveway! Potential uses are school, church, event center, park & playground, private club & more. Priced to sell!

Last Agent to Sell the Property

Kris Cayton

A New Dawn Realty, Inc License #228902 Listed on: 04/12/2017

Last Buyer's Agent

NONMEMBER NONMEMBER

Property Details

Property Type

  • Other

Year Built

  • Built in 1970

Lot Details

  • 15

Additional Features

  • 1-Story Property
  • Property is zoned R20
  • Private Water Source

Community Details

  • No Home Owners Association
  • 9,800 Sq Ft Building
  • Moose Lodge Community

Listing and Financial Details

  • Assessor Parcel Number 114543

Property Details

Property Type

Other

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Investment
  • Prop. Type: Commercial
  • Business Type: Investment
  • Directions: From Greensboro take Hwy 220N. Take Madison/Wentworth Hwy 704/311 exit. (R) at top of ramp. Continue across bridge and stay straight onto Hwy 311. (R) on K Fork Rd. Property is on left.
  • Building Name: Moose Lodge
  • Building Stories: 1
  • Year Built: 1970
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 0 - 0
  • Special Features: None
  • Stories: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 114543
  • Zoning: R20
  • TRIADMLS_AcresRange: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2017
Closed on
Apr 23, 2018
Sold by
Loyal Order Moose Lodge
Bought by
Jbe Holdings Llc
Seller's Agent
Kris Cayton
A New Dawn Realty, Inc
Buyer's Agent
NONMEMBER NONMEMBER
List Price
$299,000
Sold Price
$210,000
Premium/Discount to List
-$89,000
-29.77%
Current Estimated Value
$397,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,372
Avg. Annual Appreciation
8.66%
Original Mortgage
$208,500
Outstanding Balance
$179,306
Interest Rate
4.44%
Mortgage Type
Commercial
Estimated Equity
$218,066
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jbe Holdings Llc $210,000 None Availabl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jbe Holdings Llc $208,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2018 04/27/18 Sold $210,000 -29.8% --
02/15/2018 02/15/18 Pending -- -- --
04/12/2017 04/12/17 For Sale $299,000 -- --
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 $3,786 $564,848 $59,869 $504,979
2024 $3,742 $558,268 $59,869 $498,399
2023 $3,742 $381,666 $54,240 $327,426
2022 $3,054 $381,666 $54,240 $327,426
2021 $3,037 $379,633 $54,240 $325,393
2020 $3,041 $379,633 $54,240 $325,393
2019 $2,549 $318,314 $54,240 $264,074
2018 $2,407 $300,478 $63,162 $237,316
2017 $0 $470,560 $63,162 $407,398
2015 $3,769 $470,560 $63,162 $407,398
2014 $3,769 $470,560 $63,162 $407,398
Source: Public Records

Agents Affiliated with this Home

  • Kris Cayton

    Seller's Agent in 2018

    Kris Cayton

    A New Dawn Realty, Inc

    (336) 613-2235

    139 Total Sales

    Kris Cayton
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Map

Source: Triad MLS

MLS Number: 830152

Triad MLS

APN: 114543

North Carolina Rockingham County Madison 27025

490 K Fork Rd, Madison, NC

Not Listed for Sale

Other

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