NOT LISTED FOR SALE

624 Island Dr Madison, NC 27025

Estimated Value: $239,000 - $302,000

4 Beds
2.5 Baths
2,172 Sq Ft
$126/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $28,000 $13 Per Sq Ft

Est. 879% increase in value since last sale

Current estimated payment $1,601/month

16 Days on Market

About This Home

As of November 2014

$29,900.00. Quiet, rural, scenic, 1 acre tract on convenient Island Drive in Madison, N.C. Great convenience to local shopping, etc. and Hwy 220 to Greensboro, N.C. Spacious 4bd, 2.5 bath manufactured home. 1,444sf. Built 1989. Overall disrepair. Missing back deck, several windows, partial floor coverings. Damaged dry wall. No HVAC.

Last Agent to Sell the Property

Tommy Fleming

PIEDMONT TRIAD FLEMING, REALTORS License #32759 Listed on: 10/24/2014

Last Buyer's Agent

Tommy Fleming

PIEDMONT TRIAD FLEMING, REALTORS License #32759 Listed on: 10/24/2014

Property Details

Home Type

  • Manufactured Home

Year Built

  • Built in 1989

Lot Details

  • 1 Acre Lot

Parking

  • No Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,172 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • W F Bailey Farm Prop Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118131
  • 1% Total Tax Rate

Property Details

Home Type

Manufactured Home

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Manufactured Home
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Subdivision Name: W F Bailey Farm Prop
  • Directions: 0
  • Above Grade Finished Sq Ft: 2172
  • Unit Levels: One
  • Structure Type: Manufactured House
  • Year Built: 1989
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2172
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2172
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 118131
  • Zoning: T10
  • TRIADMLS_DeedPage: 504
  • TRIADMLS_DeedBook: 1313

Tax Info

  • Tax Annual Amount: 1042.08
  • Tax Year: 2013
  • TRIADMLS_TaxRate: 0.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2014
Closed on
Nov 6, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Daniels Julie
Seller's Agent
Tommy Fleming
PIEDMONT TRIAD FLEMING, REALTORS
Buyer's Agent
Tommy Fleming
PIEDMONT TRIAD FLEMING, REALTORS
List Price
$29,900
Sold Price
$28,000
Premium/Discount to List
-$1,900
-6.35%
Current Estimated Value
$274,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,029
Avg. Annual Appreciation
23.73%

Purchase Details

Listed on
Oct 24, 2014
Closed on
Oct 9, 2014
Sold by
Mcdaniel Toni L
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Tommy Fleming
PIEDMONT TRIAD FLEMING, REALTORS
Buyer's Agent
Tommy Fleming
PIEDMONT TRIAD FLEMING, REALTORS
List Price
$29,900
Sold Price
$28,000
Premium/Discount to List
-$1,900
-6.35%

Purchase Details

Closed on
Feb 26, 2007
Sold by
York Terry S and York Alison
Bought by
Mcdaniel Toni L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,736
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2006
Sold by
York Terry C and York Tammy A
Bought by
York Terry S and York Alison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,472
Interest Rate
6.05%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Daniels Julie -- None Available
Federal Home Loan Mortgage Corporation $112,007 None Available
Mcdaniel Toni L $121,000 None Available
York Terry S $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gore David $84,290
Closed Gore David $80,000
Previous Owner Mcdaniel Toni L $120,736
Previous Owner York Terry S $117,472
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2014 11/25/14 Sold $28,000 -6.4% $13 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
10/24/2014 10/24/14 For Sale $29,900 -- $14 / 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 $1,696 $253,027 $14,520 $238,507
2024 $848 $253,027 $14,520 $238,507
2023 $848 $141,638 $13,200 $128,438
2022 $577 $141,638 $13,200 $128,438
2021 $1,133 $141,638 $13,200 $128,438
2020 $567 $141,638 $13,200 $128,438
2019 $554 $138,438 $13,200 $125,238
2018 $529 $129,543 $21,200 $108,343
2017 $529 $129,543 $21,200 $108,343
2015 $953 $117,823 $21,200 $96,623
2014 -- $131,412 $21,200 $110,212
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 722768

Triad MLS

APN: 118131