NOT LISTED FOR SALE

701 W Academy St Madison, NC 27025

Estimated Value: $176,000 - $231,000

3 Beds
2 Baths
1,200 Sq Ft
$174/Sq Ft Est. Value

Last Sold February 17, 2016

Last sale price $126,000 $105 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,382/month

80 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Outdoor Gas Grill
  • No HOA
  • 2 Car Attached Garage
  • Central Air

About This Home

As of February 2016

Rare find 3 Bedroom, 2 Bath Wonderful Home w/ Kitchen Peninsula for Sink, Adjoining Sunny Dining Area & Opens to 12' x 12' Deck. Follow the Accent Light Walkway to an Amazing Outdoor Pergola which Boast a Stone Entertainment Area Complete w/ Gas Grill, Green Egg, Sink, Granite Countertops & Lots of Seating Area. Cathedral Ceilings in Living Room w/ Complimentary Windows on Each Side of Gas Fireplace. Dramatic Tray Ceiling in Master & Separate Shower/Tub in Master Bath. Lots of Storage Above Garage.

Last Agent to Sell the Property

Angie Wilkie

Keller Williams One License #192484 Listed on: 10/29/2015

Keller Williams One

Co-Listed By

Beth Smith

KELLER WILLIAMS REALTY License #279569

Last Buyer's Agent

Natasha HanHan

Natasha Hanhan Triad Realty License #278348

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,620

Year Built

  • Built in 1993

Lot Details

  • 0.34 Acre Lot
  • Sprinkler System
  • Property is zoned RS

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,131 Sq Ft Home
  • 1,000-1,200 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer Hookup

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower

Outdoor Features

  • Outdoor Gas Grill
  • Porch

Schools

  • Western Rockingham Middle School
  • Mcmichael High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Beaver Dan Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 117236
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,620

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Co List Office Mls Id: GATC02
  • Co List Office Phone: 336-315-2000
  • Subdivision Name: Beaver Dan
  • Directions: Take 220 N, Take 311 S Exit towards Madison, Home is on corner of W Academy & Shale Rd.
  • Above Grade Finished Sq Ft: 1131
  • Unit Levels: One
  • Year Built: 1993
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1000 - 1200
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Separate Shower
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1131
  • Main Level Bathrooms: 2
  • Attic Description: Pulldown Stairs
  • TRIADMLS_FullBathsMain: 2
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No

Exterior Features

  • Exterior Features: Lighting, Gas Grill, Sprinkler System
  • Fencing: None
  • Construction Type: Brick, Vinyl Siding
  • Other Structures: Gazebo

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 117236
  • Zoning: RS
  • TRIADMLS_PricePerAcre: 393823.5294
  • TRIADMLS_DeedPage: 1027
  • TRIADMLS_DeedBook: 1230
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1620
  • Tax Lot: 4
  • Tax Year: 2014
  • TRIADMLS_TaxRate: 1.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2015
Closed on
Feb 17, 2016
Sold by
King George Edward and King Aqauah Lynette H
Bought by
Dalton Nicole
Seller's Agent
Angie Wilkie
Keller Williams One
Buyer's Agent
Natasha HanHan
Natasha Hanhan Triad Realty
List Price
$133,900
Sold Price
$126,000
Premium/Discount to List
-$7,900
-5.9%
Current Estimated Value
$208,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,458
Avg. Annual Appreciation
5.88%
Original Mortgage
$123,717
Outstanding Balance
$102,028
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$114,523

Purchase Details

Closed on
Jan 24, 2005
Sold by
Kirkpatrick George L and Kirkpatrick Mary R
Bought by
King George Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Dalton Nicole $126,000 Attorney
King George Edward $101,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dalton Nicole $24,018
Closed Dalton Nicole $6,500
Open Dalton Nicole $123,717
Previous Owner King George Edward $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2016 02/17/16 Sold $126,000 -5.9% $126 / Sq Ft
01/18/2016 01/18/16 Pending -- -- --
10/29/2015 10/29/15 For Sale $133,900 -- $134 / 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 $2,769 $216,346 $11,772 $204,574
2023 $2,769 $126,725 $10,660 $116,065
2022 $1,806 $126,725 $10,660 $116,065
2021 $1,806 $126,725 $10,660 $116,065
2020 $1,806 $126,725 $10,660 $116,065
2019 $1,806 $126,725 $10,660 $116,065
2018 $1,637 $114,772 $16,660 $98,112
2017 $1,637 $114,772 $16,660 $98,112
2015 $1,653 $114,772 $16,660 $98,112
2014 $1,637 $114,772 $16,660 $98,112
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 775969

Triad MLS

APN: 117236