NOT LISTED FOR SALE

706 Tern Ln Madison, NC 27025

Estimated Value: $245,000 - $347,000

3 Beds
2.5 Baths
2,100 Sq Ft
$143/Sq Ft Est. Value

Last Sold August 21, 2019

Last sale price $172,000 $82 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,925/month

22 Days on Market

Highlights

  • Engineered Wood Flooring
  • No HOA
  • Attached Carport
  • Solid Surface Countertops
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of August 2019

One-of-a-kind home with amazing updates. Come home to the stunning entry; enjoy the wooded view from your updated kitchen (granite, stainless apps, soft-close cabinets, back splash, pantry) & sip coffee on the screened porch /spacious deck. Cozy up with gas logs in the LR. HVAC/heat pump new in 2017. Bathrooms updated, new floors, fresh paint throughout. 2 car attached carport. Huge basement - storage or finish it. Large laundry room (dryer stays) Don't miss your chance to own a unique property.

Last Agent to Sell the Property

Tim Atkins

Allen Tate Oak Ridge Commons License #281976 Listed on: 06/26/2019

Allen Tate Oak Ridge Commons

Last Buyer's Agent

Shaunna Overman

Allen Tate Oak Ridge Commons License #277559

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1970

Lot Details

  • 0.34 Acre Lot
  • Street terminates at a dead end
  • Property is zoned Rs-7

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,940 Sq Ft Home
  • 1,700-2,100 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • Dryer Hookup
  • Unfinished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Engineered Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Beaver Dan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 117192
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,998

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.3358
  • Subdivision Name: Beaver Dan
  • Directions: N 220 to L Benjamin to L on Tern
  • Above Grade Finished Sq Ft: 1940
  • Unit Levels: One and One Half
  • Structure Type: House
  • Year Built: 1970
  • TRIADMLS_PrimaryOnMainYN: No
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1700 - 2100
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Slide-In Oven/Range, Electric Water Heater
  • Flooring: Engineered, Laminate
  • Interior Amenities: Pantry, Solid Surface Counter, Vaulted Ceiling(s)
  • Has Basement: Unfinished, Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Living Area: 1940
  • Main Level Bathrooms: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Fencing: None
  • Lot Features: Dead End, Subdivided
  • Pool Features: None
  • Exclusions: Tool Bench In Basement
  • Construction Type: Brick, Wood Siding
  • TRIADMLS_PoolYN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Main Level, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Heat Pump, Electric
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 117192
  • Zoning: Rs-7
  • TRIADMLS_PricePerAcre: 530077.427
  • TRIADMLS_DeedPage: 687
  • TRIADMLS_DeedBook: 1272
  • TRIADMLS_PlatBook: 8-68
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1998
  • Tax Year: 2018
  • TRIADMLS_TaxRate: 1.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2022
Sold by
Wilson Lisa H and Wilson Timothy H
Bought by
Woods Jamie L
Current Estimated Value
$300,038

Purchase Details

Listed on
Jun 26, 2019
Closed on
Aug 21, 2019
Sold by
Fornadley Johnson Elisabeth and Johnson Jeremy
Bought by
Wilson Lisann Tui and Wilson Ronald L
Seller's Agent
Tim Atkins
Allen Tate Oak Ridge Commons
Buyer's Agent
Shaunna Overman
Allen Tate Oak Ridge Commons
Sold Price
$172,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$174,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 1, 2016
Sold by
Chartwell Homes Llc
Bought by
Johnson Elisabeth Fornadley and Johnson Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,482
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 5, 2014
Closed on
Aug 14, 2015
Sold by
Deutsche Bank National Trust Company
Bought by
Chartwell Homes Llc
Seller's Agent
Billy Whitley
Carolina Homes For Sale
Buyer's Agent
Carole Roberts
ATKINSON REAL ESTATE
List Price
$118,000
Sold Price
$39,910
Premium/Discount to List
-$78,090
-66.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.60%

Purchase Details

Closed on
Feb 25, 2014
Sold by
Vollante Tammy J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 27, 2006
Sold by
Scott Michael Lynn
Bought by
Vellante Tammy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
8.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Woods Jamie L $110,000 None Listed On Document
Wilson Lisann Tui $172,000 None Available
Johnson Elisabeth Fornadley $139,000 Attorney
Chartwell Homes Llc -- None Available
Deutsche Bank National Trust Company $116,487 None Available
Vellante Tammy J $137,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilson Lisann Tui $174,000
Previous Owner Johnson Elisabeth Fornadley $136,340
Previous Owner Johnson Elisabeth Fornadley $136,482
Previous Owner Vellante Tammy J $109,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Off Market $172,000 -- --
08/21/2019 08/21/19 Sold $172,000 +331.0% $101 / Sq Ft
08/12/2015 08/12/15 Sold $39,910 -66.2% $18 / Sq Ft
08/09/2015 08/09/15 Pending -- -- --
09/05/2014 09/05/14 For Sale $118,000 -- $54 / 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 $4,092 $319,669 $12,573 $307,096
2024 $4,092 $319,669 $12,573 $307,096
2023 $2,401 $168,514 $11,385 $157,129
2022 $2,401 $168,514 $11,385 $157,129
2021 $2,401 $168,514 $11,385 $157,129
2020 $2,401 $168,514 $11,385 $157,129
2019 $2,121 $148,873 $11,385 $137,488
2018 $1,998 $140,115 $16,815 $123,300
2017 $1,998 $140,115 $16,815 $123,300
2015 $2,018 $140,115 $16,815 $123,300
2014 $1,998 $140,115 $16,815 $123,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Triad MLS

MLS Number: 938832

Triad MLS

APN: 117192