NOT LISTED FOR SALE

502 Pine St Madison, NC 27025

Estimated Value: $129,000 - $173,608

2 Beds
1 Bath
1,200 Sq Ft
$122/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $72,500 $60 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $927/month

24 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Central Air
  • No HOA
  • Porch

About This Home

As of July 2019

Lots of charm and character in this 2 bedroom home in Madison. Living room with gorgeous wood floors. Kitchen and separate dining room. Large covered front porch(8ft X 24ft). Bonus room upstairs(not heated). Concrete driveway, large wired workshop. Heatpump/central air recently installed. Very convenient to shopping and restaurants. INTERIOR PHOTOS COMING SOON. Priced at only $72,500.

Last Agent to Sell the Property

Jeff Biggs

JEFF BIGGS REALTY, INC License #137580 Listed on: 04/14/2019

Last Buyer's Agent

Laura Rippey

KELLER WILLIAMS REALTY License #305226

KELLER WILLIAMS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $974

Year Built

  • Built in 1940

Lot Details

  • 0.35 Acre Lot
  • Property is zoned R8MD

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,142 Sq Ft Home
  • 1,000-1,200 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 118022
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$974

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Lot Size: .35
  • Subdivision Name: None
  • Directions: Hwy 220 North to Madison exit, Business 220 North, right on Pine St(across from Mayflower Restaurant), home on left
  • Above Grade Finished Sq Ft: 1142
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1940
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Vinyl, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1142
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Pool Features: None
  • Construction Type: Vinyl Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 118022
  • Zoning: R8MD
  • TRIADMLS_PricePerAcre: 207142.8571
  • TRIADMLS_DeedPage: 2932
  • TRIADMLS_DeedBook: 1528
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 974
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.428

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2019
Closed on
Jul 8, 2019
Sold by
Baron Yvonne L and Baron Vernon Leon
Bought by
Carmichael Heather M
Seller's Agent
Jeff Biggs
JEFF BIGGS REALTY, INC
Buyer's Agent
Laura Rippey
KELLER WILLIAMS REALTY
List Price
$72,500
Sold Price
$72,500
Current Estimated Value
$146,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,902
Avg. Annual Appreciation
12.11%
Original Mortgage
$69,317
Outstanding Balance
$61,669
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$84,733

Purchase Details

Closed on
Aug 10, 2017
Sold by
Baron Yvonne L and Baron Vernon Leon
Bought by
Baron Yvonne L and Baron Vernon Leon
Source: Public Records

Range of Values:

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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
Carmichael Heather M $72,500 None Available
Baron Yvonne L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmichael Heather M $69,317
Closed Carmichael Heather M $8,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2019 07/08/19 Sold $72,500 0.0% $73 / Sq Ft
05/09/2019 05/09/19 Pending -- -- --
04/14/2019 04/14/19 For Sale $72,500 -- $73 / 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 $1,573 $122,916 $8,757 $114,159
2024 $1,573 $122,916 $8,757 $114,159
2023 $1,573 $68,004 $8,027 $59,977
2022 $969 $68,004 $8,027 $59,977
2021 $969 $68,004 $8,027 $59,977
2020 $969 $68,004 $8,027 $59,977
2019 $983 $68,004 $8,027 $59,977
2018 $974 $67,310 $10,897 $56,413
2017 $939 $65,853 $10,897 $54,956
2015 $949 $65,853 $10,897 $54,956
2014 $939 $65,853 $10,897 $54,956
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 927555

Triad MLS

APN: 118022