NOT LISTED FOR SALE

601 W Academy St Madison, NC 27025

Estimated Value: $417,000 - $468,847

3 Beds
3 Baths
3,900 Sq Ft
$115/Sq Ft Est. Value

Last Sold January 16, 2020

Last sale price $300,000 $77 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,867/month

14 Days on Market

Highlights

  • 8 Acre Lot
  • No HOA
  • 2 Car Attached Garage
  • Living Room with Fireplace
  • Porch
  • Tile Flooring

About This Home

As of January 2020

Stately home on 8+/- acres in Madison. Beautiful hilltop setting overlooking gorgeous yard/field. Well built 3 bedrooms, 3 bath brick home. Impressive Foyer upon entry. Large living room with fireplace.High ceilings throughout most of the home. Lots of wood floors. Den with fireplace, bookcases. Large kitchen, separate dining room. Covered Terrace, patio, enclosed porch, fenced back yard. Wired building, enormous dog kennel, amazing attic space. Selling AS IS condition. Only $350,000.

Last Agent to Sell the Property

Jeff Biggs

JEFF BIGGS REALTY, INC License #137580 Listed on: 11/15/2019

Last Buyer's Agent

Jeff Biggs

JEFF BIGGS REALTY, INC License #137580 Listed on: 11/15/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,777

Year Built

  • Built in 1954

Lot Details

  • 8 Acre Lot
  • Fenced
  • Property is zoned R10MD

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 3,632 Sq Ft Home
  • 3,200-3,900 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Unfinished Basement

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Western Rockingham Middle School
  • Mcmichael High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 117263
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,777

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 8
  • Lot Size: 8.0
  • Subdivision Name: None
  • Directions: Hwy 220 North to Madison exit, Hwy 704 W to Hwy 311/Academy St, home on left across from Wilson St.
  • Above Grade Finished Sq Ft: 3632
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1954
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 3200 - 3900
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl
  • Has Basement: Unfinished, Basement, Crawl Space, Partial
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 3632
  • Main Level Bathrooms: 3
  • TRIADMLS_FullBathsMain: 3
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Fencing: Fenced
  • Pool Features: None
  • Construction Type: Brick, Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Driveway, Attached
  • Garage Description: Attached Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Oil
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Oil
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Dillard Academy
  • High School: McMichael
  • Middle Or Junior School: Western Rockingham

Lot Info

  • Parcel #: 117263
  • Zoning: R10MD
  • TRIADMLS_PricePerAcre: 43750
  • TRIADMLS_DeedPage: 432
  • TRIADMLS_DeedBook: 440
  • TRIADMLS_AcresRange: 7 - 8

Tax Info

  • Tax Annual Amount: 3777
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.426

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Jan 13, 2020
Sold by
Mason Trudy S
Bought by
Wilkins William Britt
Seller's Agent
Jeff Biggs
JEFF BIGGS REALTY, INC
Buyer's Agent
Jeff Biggs
JEFF BIGGS REALTY, INC
List Price
$350,000
Sold Price
$300,000
Premium/Discount to List
-$50,000
-14.29%
Current Estimated Value
$449,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,212
Avg. Annual Appreciation
7.45%
Original Mortgage
$120,000
Outstanding Balance
$106,252
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$342,960
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
Wilkins William Britt $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkins William Britt $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2020 01/16/20 Sold $300,000 -14.3% $94 / Sq Ft
11/30/2019 11/30/19 Pending -- -- --
11/15/2019 11/15/19 For Sale $350,000 -- $109 / 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 $5,270 $411,688 $54,137 $357,551
2024 $5,270 $411,688 $54,137 $357,551
2023 $5,270 $270,671 $49,215 $221,456
2022 $3,857 $270,671 $49,215 $221,456
2021 $3,857 $270,671 $49,215 $221,456
2020 $3,834 $269,058 $49,215 $219,843
2019 $3,834 $269,058 $49,215 $219,843
2018 $3,777 $264,891 $54,215 $210,676
2017 $3,779 $264,891 $54,215 $210,676
2015 $3,818 $264,891 $54,215 $210,676
2014 $3,779 $264,891 $54,215 $210,676
Source: Public Records

Agents Affiliated with this Home

  • Jeff Biggs

    Seller's Agent in 2020

    Jeff Biggs

    JEFF BIGGS REALTY, INC

    (336) 427-6253

    30 in this area

    199 Total Sales

    Jeff Biggs
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Map

Source: Triad MLS

MLS Number: 957036

Triad MLS

APN: 117263

North Carolina Rockingham County Madison 27025

601 W Academy St, Madison, NC

This home is located at 601 W Academy St, Madison, NC 27025 since 15 November 2019 and is currently estimated at $449,212, approximately $115 per square foot. This property was built in 1954. 601 W Academy St is a home located in Rockingham County with nearby schools including John W Dillard Elementary, John W. Dillard Academy, and Western Rockingham Middle School.

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