NOT LISTED FOR SALE

707 W Academy St Madison, NC 27025

Estimated Value: $153,000 - $187,149

3 Beds
1.5 Baths
1,000 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $180,000 $180 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,091/month

11 Days on Market

Highlights

  • Wood Flooring
  • Attached Carport
  • Central Air
  • No HOA

About This Home

As of July 2023

This charming and cozy ranch style home is ready for new owners! True hardwoods run throughout most of the living areas, with the exception of the kitchen and bathrooms, which were all renovated within the last couple of years. Large windows in the living room welcome in the morning light, and the historic trees in the front yard give shade in the evenings--the birds and squirrels love the trees as much as you will. There is a full concrete driveway and spacious covered carport. As you pull out of the driveway, you're only minutes away from the Madison River Park in one direction, and downtown Madison in the other. The size and "ready to move in" qualities of this home make it a perfect choice for people in all different walks and stages of life. Come check it out and get a taste of small town Madison!
Agent is owner.

Last Agent to Sell the Property

Jacey Hensley

NorthGroup Real Estate License #311195 Listed on: 06/14/2023

NorthGroup Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,110

Year Built

  • Built in 1961

Lot Details

  • 0.37 Acre Lot

Parking

  • 1 Car Garage
  • Attached Carport
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 950 Sq Ft Home
  • 800-1,000 Sq Ft Home
  • Property has 1 Level

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Mcmichael High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Beaver Dan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 117222
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,110

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Subdivision Name: Beaver Dan
  • Directions: Left onto 704 off of 220 - stay on this road until it turns into Academy St, house is on left.
  • Above Grade Finished Sq Ft: 950
  • Architectural Style: Ranch
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1961
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1000
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Tile, Vinyl, Wood
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 950
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: No
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Carport, Driveway, Attached Carport
  • Garage Description: Attached Carport

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • High School: McMichael

Lot Info

  • Parcel #: 117222
  • Zoning: Res
  • TRIADMLS_PricePerAcre: 486486.4865
  • TRIADMLS_DeedPage: 2112
  • TRIADMLS_DeedBook: 1586
  • TRIADMLS_AcresRange: 0 - 0

Tax Info

  • Tax Annual Amount: 1110
  • Tax Year: 2022
  • TRIADMLS_TaxRate: 0.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Sep 26, 2020
Sold by
Horton Timothy L and Horton Wanda D
Bought by
Hensley Jascey
Seller's Agent
Jeff Biggs
JEFF BIGGS REALTY, INC
Buyer's Agent
Precious Drakeford
Homzi
List Price
$94,900
Sold Price
$96,000
Premium/Discount to List
$1,100
1.16%
Current Estimated Value
$171,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,537
Avg. Annual Appreciation
12.55%
Original Mortgage
$96,969
Outstanding Balance
$86,249
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$85,288

Purchase Details

Listed on
Aug 31, 2015
Closed on
Mar 18, 2016
Sold by
Farmer Stanley W and Farmer Ramona B
Bought by
Horton Timothy L and Horton Wanda D
Seller's Agent
Jason Bramblett
Jason Bramblett Real Estate
Buyer's Agent
Wanda Speer
Coldwell Banker Advantage
List Price
$98,000
Sold Price
$62,000
Premium/Discount to List
-$36,000
-36.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$49,600
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2013
Sold by
Farmer Jackie Lee and Farmer Connie Paige
Bought by
Farmer Stanley W and Farmer Ramona B
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
Hensley Jascey $96,000 None Available
Horton Timothy L $62,000 Attorney
Farmer Stanley W $20,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hensley Jascey $96,969
Previous Owner Horton Timothy L $49,600
Previous Owner Farmer Iackie L $63,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2023 07/25/23 Sold $180,000 -7.2% $225 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $194,000 +102.1% $243 / Sq Ft
10/01/2020 10/01/20 Sold $96,000 +1.2% $120 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $94,900 +53.1% $119 / Sq Ft
03/18/2016 03/18/16 Sold $62,000 -36.7% $69 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
08/31/2015 08/31/15 For Sale $98,000 -- $109 / 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 $1,891 $147,703 $12,700 $135,003
2024 $1,891 $147,703 $12,700 $135,003
2023 $1,891 $77,890 $11,500 $66,390
2022 $1,110 $77,890 $11,500 $66,390
2021 $1,110 $77,890 $11,500 $66,390
2020 $1,110 $77,890 $11,500 $66,390
2019 $1,110 $77,890 $11,500 $66,390
2018 $1,088 $76,309 $17,500 $58,809
2017 $1,069 $74,986 $17,500 $57,486
2015 $1,080 $74,986 $17,500 $57,486
2014 $1,069 $74,986 $17,500 $57,486
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jacey Hensley

    NorthGroup Real Estate

    1 in this area

    16 Total Sales

    Jacey Hensley
    Section Image
  • Jeff Biggs

    Seller's Agent in 2020

    Jeff Biggs

    JEFF BIGGS REALTY, INC

    (336) 427-6253

    30 in this area

    200 Total Sales

    Jeff Biggs
    Section Image

  • P

    Buyer's Agent in 2020

    Precious Drakeford

    Homzi

    (336) 327-5475

    1 in this area

    37 Total Sales

    Precious Drakeford
    Section Image
  • Jason Bramblett

    Seller's Agent in 2016

    Jason Bramblett

    Jason Bramblett Real Estate

    (336) 362-3807

    244 Total Sales

    Jason Bramblett
    Section Image
  • Wanda Speer

    Buyer's Agent in 2016

    Wanda Speer

    Coldwell Banker Advantage

    (336) 749-0814

    19 Total Sales

    Wanda Speer
    Section Image
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Map

Source: Triad MLS

MLS Number: 1108818

Triad MLS

APN: 117222

North Carolina Rockingham County Madison 27025

707 W Academy St, Madison, NC

This home is located at 707 W Academy St, Madison, NC 27025 since 14 June 2023 and is currently estimated at $171,537, approximately $171 per square foot. This property was built in 1961. 707 W Academy St is a home located in Rockingham County with nearby schools including John W Dillard Elementary, John W. Dillard Academy, and Western Rockingham Middle School.

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