Seller's Agent in 2023
Tim Atkins
Howard Hanna Allen Tate Oak Ridge Commons
(336) 280-8016
8 in this area
176 Total Sales
700 Tern Ln Madison, NC 27025
Estimated Value: $342,000 - $389,000
4
Beds
3
Baths
2,300
Sq Ft
$158/Sq Ft
Est. Value
Highlights
- 3.8 Acre Lot
- Wood Flooring
- Solid Surface Countertops
- Partially Wooded Lot
- Attic
- No HOA
About This Home
As of June 2023Properties like this don't come along very often... amazing opportunity for a charming home on almost 4 acres in a quiet neighborhood. Enjoy the custom features in this welcoming home, including refinished parquet floors, extensive decorative molding and bead board, updated kitchen with Quartz countertops and subway tile backsplash, wood-burning fireplace in the family room, French doors open from the foyer to the Living Room. The meandering wooded property is perfect for gardeners and hobbyists with raised garden beds, composting area, wired workshop with storage areas and multiple fenced areas for pets and privacy. Updates include roof (2021), newer kitchen appliances, updated kitchen, new light fixtures and ceiling fans. This home exudes calm inside and out, with sleek lines and natural light and is ready for you to move-in today.
Last Agent to Sell the Property
Howard Hanna Allen Tate Oak Ridge Commons License #281976 Listed on: 04/25/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,430
Year Built
- Built in 1966
Lot Details
- 3.8 Acre Lot
- Cul-De-Sac
- Dog Run
- Fenced
- Partially Wooded Lot
- Property is zoned R10MD
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,103 Sq Ft Home
- 1,800-2,300 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- Living Room with Fireplace
- Dryer Hookup
- Attic
- Unfinished Basement
Kitchen
- Free-Standing Range
- Solid Surface Countertops
Flooring
- Wood
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Outdoor Storage
- Porch
Schools
- Western Rockingham Middle School
- Mcmichael High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Beaver Dan Subdivision
Listing and Financial Details
- Assessor Parcel Number 117228
- 1% Total Tax Rate
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2023
Closed on
Jun 1, 2023
Sold by
Young Samuel and Young Jessica
Bought by
Schnable Kayla
Seller's Agent
Tim Atkins
Howard Hanna Allen Tate Oak Ridge Commons
Buyer's Agent
Savannah Cline
Keller Williams Realty
List Price
$305,000
Sold Price
$330,000
Premium/Discount to List
$25,000
8.2%
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,573
Avg. Annual Appreciation
3.83%
Original Mortgage
$313,500
Outstanding Balance
$305,117
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$58,456
Purchase Details
Listed on
Jun 9, 2015
Closed on
Jan 6, 2016
Sold by
Milks Charles L and Milks Sally A
Bought by
Young Samuel and Young Jessica
Seller's Agent
Mike Bottoms
Keller Williams One
Buyer's Agent
Brian Rock Dulany
Dulany Rock Realty
List Price
$159,900
Sold Price
$154,000
Premium/Discount to List
-$5,900
-3.69%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$138,600
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schnable Kayla | $330,000 | None Listed On Document | |
| Schnable Kayla | $330,000 | None Listed On Document | |
| Young Samuel | $154,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schnable Kayla | $313,500 | |
| Closed | Schnable Kayla | $313,500 | |
| Previous Owner | Young Samuel | $138,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/01/2023 06/01/23 | Sold | $330,000 | +8.2% | $183 / Sq Ft | |
| 05/01/2023 05/01/23 | Pending | -- | -- | -- | |
| 04/25/2023 04/25/23 | For Sale | $305,000 | +98.1% | $169 / Sq Ft | |
| 01/08/2016 01/08/16 | Sold | $154,000 | -3.7% | $73 / Sq Ft | View Prior Sale |
| 11/23/2015 11/23/15 | Pending | -- | -- | -- | |
| 06/09/2015 06/09/15 | For Sale | $159,900 | -- | $76 / Sq Ft |
Source: Triad MLS
Tax History Compared to Growth
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 | $3,992 | $311,829 | $37,078 | $274,751 |
| 2024 | $3,992 | $311,829 | $37,078 | $274,751 |
| 2023 | $3,992 | $170,514 | $33,707 | $136,807 |
| 2022 | $2,430 | $170,514 | $33,707 | $136,807 |
| 2021 | $2,430 | $170,514 | $33,707 | $136,807 |
| 2020 | $2,430 | $170,514 | $33,707 | $136,807 |
| 2019 | $2,430 | $170,514 | $33,707 | $136,807 |
| 2018 | $2,169 | $152,074 | $31,280 | $120,794 |
| 2017 | $2,169 | $152,074 | $31,280 | $120,794 |
| 2015 | $2,381 | $152,074 | $31,280 | $120,794 |
| 2014 | $2,324 | $152,074 | $31,280 | $120,794 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Atkins
-
Savannah Cline
Buyer's Agent in 2023
Savannah Cline
Keller Williams Realty
(336) 343-8811
1 in this area
157 Total Sales
-
Mike Bottoms
Seller's Agent in 2016
Mike Bottoms
Keller Williams One
(336) 420-8874
4 in this area
24 Total Sales
-
Brian Rock Dulany
B
Buyer's Agent in 2016
Brian Rock Dulany
Dulany Rock Realty
(336) 613-3178
1 in this area
35 Total Sales
Map
Source: Triad MLS
MLS Number: 1103559
APN: 117228
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