NOT LISTED FOR SALE

540 Bald Hill Loop Madison, NC 27025

Estimated Value: $294,000

2 Beds
2 Baths
1,300 Sq Ft
$226/Sq Ft Est. Value

Last Sold February 22, 2024

Last sale price $268,000 $206 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,641/month

467 Days on Market

Highlights

  • 26.67 Acre Lot
  • Partially Wooded Lot
  • Wood Flooring
  • Secluded Lot
  • Traditional Architecture
  • No HOA

About This Home

As of February 2024

Privacy and seclusion... 2 bedroom home ready for renovations. The home sits on 25+ acres that includes a storage/ workshop, large tractor shed, and a detached five car garage with a workshop.
The home has hardwoods in the living rooms and bedrooms; it will need an updated central air and heating( currently not working). Please note- electricity is turned off. This home hasn't been occupied in 5 years Conventional lending could be an issue. There is evidence of past/ present water leaks from the roof. There appears to be MOLD in the two bedrooms. The private Well has not been used in over 4 years according to the groundskeeper/ owner. The home is being sold as is. The county septic record is available and attached on the MLS. Please note, electricity is turned off.

Last Agent to Sell the Property

Kyle Tyner

Berkshire Hathaway HomeServices Yost & Little Realty License #320931 Listed on: 09/26/2022

Berkshire Hathaway HomeServices Yost & Little Realty

Last Buyer's Agent

Matthew Millaway

eXp Realty License #306213

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,217

Year Built

  • Built in 1954

Lot Details

  • 26.67 Acre Lot
  • Rural Setting
  • Secluded Lot
  • Sloped Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Property is zoned AG with res

Parking

  • 5 Car Detached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,201 Sq Ft Home
  • 1,000-1,300 Sq Ft Home
  • Property has 1 Level
  • Arched Doorways

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • No Heating
  • Private Water Source
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 122312
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,217

Year Built

Built in 1954

Lot Details

0

Parking

5

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 26.67
  • Subdivision Name: None
  • Directions: 220 N, right on Baggage Rd, Left on Bald Hill, travel about 2 miles.. paved driveway( not marked)
  • Above Grade Finished Sq Ft: 1201
  • Architectural Style: Traditional
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1954
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Laminate, Wood
  • Interior Amenities: Arched Doorways
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1201
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Lot Features: Natural Land, Partially Cleared, Partially Wooded, Rural, Secluded, Sloped, Wooded
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 5
  • Parking Features: Driveway, Garage, Detached
  • Garage Description: Detached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: None, Remarks
  • Heating: See Remarks
  • Water Source: Private, Well
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 122312
  • Zoning: AG with res
  • TRIADMLS_PlatBook: 28-414
  • TRIADMLS_AcresRange: 24 - 28

Tax Info

  • Tax Annual Amount: 1217
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Feb 16, 2024
Sold by
Burch Christopher O and Burch Susan
Bought by
Price James Brian and Price Kara Nickole
Seller's Agent
Kyle Tyner
Berkshire Hathaway HomeServices Yost & Little Realty
Buyer's Agent
Matthew Millaway
eXp Realty
List Price
$299,000
Sold Price
$268,000
Premium/Discount to List
-$31,000
-10.37%
Views
605
Current Estimated Value
$294,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,000
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
Price James Brian $268,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2024 02/22/24 Sold $268,000 -3.9% $268 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
08/14/2023 08/14/23 Price Changed $279,000 -6.7% $279 / Sq Ft
07/21/2023 07/21/23 For Sale $299,000 +11.6% $299 / Sq Ft
10/31/2022 10/31/22 Off Market $268,000 -- --
09/26/2022 09/26/22 For Sale $299,000 -- $299 / 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
2023 $1,217 $156,051 $90,330 $65,721
2022 $1,217 $156,051 $90,330 $65,721
2021 $1,217 $156,051 $90,330 $65,721
2020 $1,217 $156,051 $90,330 $65,721
2019 $1,217 $156,051 $90,330 $65,721
2018 $1,153 $147,661 $87,430 $60,231
2017 $1,159 $148,381 $88,150 $60,231
2015 $1,171 $148,381 $88,150 $60,231
2014 $1,159 $148,381 $88,150 $60,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1085160

Triad MLS

APN: 122312