NOT LISTED FOR SALE

709 Tern Ln Madison, NC 27025

Estimated Value: $230,000 - $295,000

3 Beds
3 Baths
2,300 Sq Ft
$120/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $275,000 $120 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,767/month

26 Days on Market

Highlights

  • Living Room with Fireplace
  • Detached Carport Space
  • 2 Car Garage
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

Lovely Brick home with plenty of space that includes a Formal Living Room and Large Den, 3 bedrooms and 3 full baths. Second kitchen space in partially finished basement. Detached Carport and Basement Garage. New energy efficient windows. Near park and easy access to US 220/I-73 (future). Madison has a lovely downtown and Rockingham County Blue Trails (River Access & Parks) Make this one Home today!

Last Agent to Sell the Property

Mike Bottoms

Keller Williams One License #235884 Listed on: 01/04/2024

Keller Williams One

Last Buyer's Agent

Janet Sullivan

A New Dawn Realty, Inc License #300317

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,237

Year Built

  • Built in 1968

Lot Details

  • Lot Dimensions are 175 x 211 x 221 x 171
  • Property is zoned R10

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Basement Garage
  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,170 Sq Ft Home
  • 1,900-2,300 Sq Ft Home
  • Property has 1 Level
  • Living Room with Fireplace
  • 2 Fireplaces
  • Den with Fireplace
  • Dryer Hookup
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 117186
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,237

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size: 175 x 211 x 221 x 171
  • Subdivision Name: None
  • Directions: From US 220 (Future I-73) Enter Madison on Academy St (US 311/NC 704) continue to Benjamin Road (turn left) Turn Left on Tern Lane (home on the corner of Tern & Benjamin)
  • Above Grade Finished Sq Ft: 2170
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1968
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_HeatedFinishedBasementSqFtRange: 500 - 600
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 1900 - 2300
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Has Basement: Partially Finished, Basement
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 570
  • Fireplace Features: Den, Living Room
  • Fireplaces: 2
  • Living Area: 2170
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsLower: 1
  • TRIADMLS_FullBathsUpper: 2

Exterior Features

  • Pool Features: None
  • Construction Type: Brick
  • TRIADMLS_PoolYN: No
  • Flood Zone: Not in Flood Zone

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, Driveway, Garage, Basement, Detached Carport
  • Garage Description: Basement Garage, Detached Carport

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Natural Gas
  • Water Heater: Electric, Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 117186
  • Zoning: R10
  • TRIADMLS_PlatPage: 68
  • TRIADMLS_DeedPage: 2770
  • TRIADMLS_DeedBook: 1591
  • TRIADMLS_PlatBook: 8
  • TRIADMLS_AcresRange: -

Tax Info

  • Tax Annual Amount: 2237
  • Tax Year: 2023
  • TRIADMLS_TaxRate: 1.425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Neal Shirley Ann
Bought by
Neal Latimer Briggs
Current Estimated Value
$277,094

Purchase Details

Listed on
Jun 30, 2012
Closed on
Jan 14, 2013
Sold by
State Employees Credit Union
Bought by
Neal Latimer Briggs and Neal Shirley Ann
Buyer's Agent
Mike Bottoms
Keller Williams One
List Price
$141,500
Sold Price
$122,900
Premium/Discount to List
-$18,600
-13.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$110,610
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2012
Sold by
Ramirez William E and Ramirez Michele
Bought by
State Employees Credit Union
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
Neal Latimer Briggs -- None Available
Neal Latimer Briggs $123,000 None Available
State Employees Credit Union $137,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wooden Gary Lee $233,750
Closed Neal Latimer Briggs $110,610
Previous Owner Ramirez William E $6,000
Previous Owner Ramirez William E $147,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $275,000 -1.8% $145 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $280,000 +127.8% $147 / Sq Ft
01/31/2013 01/31/13 Sold $122,900 -13.1% $57 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
06/30/2012 06/30/12 For Sale $141,500 -- $65 / 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 $3,650 $285,147 $18,406 $266,741
2024 $3,635 $282,931 $18,406 $264,525
2023 $3,635 $157,019 $16,667 $140,352
2022 $2,258 $157,019 $16,667 $140,352
2021 $2,238 $157,019 $16,667 $140,352
2020 $2,238 $157,019 $16,667 $140,352
2019 $2,238 $157,019 $16,667 $140,352
2018 $1,958 $137,321 $22,667 $114,654
2017 $1,958 $137,321 $22,667 $114,654
2015 $1,978 $137,321 $22,667 $114,654
2014 $1,958 $137,321 $22,667 $114,654
Source: Public Records

Agents Affiliated with this Home

  • Mike Bottoms

    Seller's Agent in 2024

    Mike Bottoms

    Keller Williams One

    (336) 420-8874

    3 in this area

    24 Total Sales

    Mike Bottoms
    Section Image
  • Janet Sullivan

    Buyer's Agent in 2024

    Janet Sullivan

    A New Dawn Realty, Inc

    (910) 231-7200

    4 in this area

    38 Total Sales

    Janet Sullivan
    Section Image
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Map

Source: Triad MLS

MLS Number: 1129031

Triad MLS

APN: 117186

North Carolina Rockingham County Madison 27025

709 Tern Ln, Madison, NC

This home is located at 709 Tern Ln, Madison, NC 27025 since 04 January 2024 and is currently estimated at $277,094, approximately $120 per square foot. This property was built in 1968. 709 Tern Ln 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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