NOT LISTED FOR SALE

638 Nc Highway 704 Madison, NC 27025

Estimated Value: $140,200 - $172,000

2 Beds
1 Bath
1,000 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $107,020 $107 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $940/month

4 Days on Market

Highlights

  • No HOA
  • Detached Carport Space
  • Carpet
  • 3 Car Detached Garage

About This Home

As of March 2023

LOOKING FOR A HOME IN THE COUNTRY? 2 bedroom, 1 bath home on a country lot. Nice laminate floors installed 3 years ago. Full basement. Generac generator included. 18 ft X 20 ft metal building/garage and a double metal carport. Very convenient location, minutes to Madison, Eden and Reidsville. Being sold in AS IS condition. Why pay rent when you can own this home. Priced at only $124,900. Call today for a private viewing.

Last Agent to Sell the Property

Jeff Biggs

JEFF BIGGS REALTY, INC License #137580 Listed on: 02/08/2023

Last Buyer's Agent

Jessica Spivey

All About You Realty Team License #292088

All About You Realty Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $650

Year Built

  • Built in 1958

Lot Details

  • 0.86 Acre Lot
  • Property is zoned RP

Parking

  • 3 Car Detached Garage
  • Detached Carport Space
  • Driveway

Interior Spaces

  • 860 Sq Ft Home
  • 700-1,000 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 130306
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$650

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.86
  • Lot Size: .86
  • Subdivision Name: None
  • Directions: Hwy 220 North to Madison exit, Hwy 704 East, home on the right
  • Above Grade Finished Sq Ft: 860
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1958
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 700 - 1000
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Range, Electric Water Heater
  • Flooring: Carpet, Laminate
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 860
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes

Exterior Features

  • Pool Features: None
  • Construction Type: See Remarks
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Carport, Driveway, Detached Carport, Detached
  • Garage Description: Detached Carport, Detached Garage

Utilities

  • Sewer: Septic Tank
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric
  • Water Source: Well
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 130306
  • Zoning: RP
  • TRIADMLS_PricePerAcre: 124441.8605
  • TRIADMLS_DeedPage: 2718
  • TRIADMLS_DeedBook: 1566
  • TRIADMLS_PlatBook: DB884-P907
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 650
  • Tax Year: 2021
  • TRIADMLS_TaxRate: 0.798

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Mar 23, 2023
Sold by
Harris Jr Betty Jo Southern & Jeff
Bought by
Westmoreland Michael Shane
Seller's Agent
Jeff Biggs
JEFF BIGGS REALTY, INC
Buyer's Agent
Jessica Spivey
All About You Realty Team
List Price
$124,900
Sold Price
$107,020
Premium/Discount to List
-$17,880
-14.32%
Views
107
Current Estimated Value
$155,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,530
Avg. Annual Appreciation
16.68%
Original Mortgage
$85,616
Outstanding Balance
$83,025
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$70,056

Purchase Details

Closed on
Sep 26, 2019
Sold by
Southern William H
Bought by
Harris Betty Jo Southern
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
Westmoreland Michael Shane $107,500 --
Harris Betty Jo Southern -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westmoreland Michael Shane $85,616
Previous Owner Southern William H $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $107,020 -14.3% $153 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $124,900 -- $178 / 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
2024 $949 $142,795 $15,892 $126,903
2023 $949 $82,235 $17,864 $64,371
2022 $650 $82,235 $17,864 $64,371
2021 $650 $82,235 $17,864 $64,371
2020 $650 $82,235 $17,864 $64,371
2019 $650 $82,235 $17,864 $64,371
2018 $706 $89,291 $26,240 $63,051
2017 $706 $89,291 $26,240 $63,051
2015 $713 $89,291 $26,240 $63,051
2014 $706 $89,291 $26,240 $63,051
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1096138

Triad MLS

APN: 130306