NOT LISTED FOR SALE

7768 Nc Highway 704 Madison, NC 27025

Estimated Value: $95,000 - $146,555

2 Beds
1 Bath
700 Sq Ft
$188/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $30,000 $43 Per Sq Ft

Est. 339% increase in value since last sale

Current estimated payment $772/month

10 Days on Market

Highlights

  • No HOA
  • Porch
  • Bungalow

About This Home

As of July 2016

Property sold in its “AS-IS, WHERE-IS” condition. Seller does not prorate taxes. Buyer pays all closing costs including, but not limited to any and all transfer taxes, title, legal, and recording fees. 2 Bedroom, 1 Bath located in Madison, NC. This property needs debris removal and water removed from basement. There is a large barn/shed that needs repair. There is also an utility shed in the back yard for storage. Kitchen and bathroom will need updating. Pull stairs lead to walk up attic.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $402

Year Built

  • Built in 1949

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 249 x 204 x 247 x 200
  • Property is zoned RA

Home Design

  • Bungalow
  • Brick Exterior Construction

Interior Spaces

  • 650 Sq Ft Home
  • 500-700 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • No Wake Zone
  • Porch

Utilities

  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Mayodan Subdivision

Listing and Financial Details

  • Assessor Parcel Number 100588
  • 2% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$402

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 1
  • Lot Size: 249 x 204 x 247 x 200
  • Subdivision Name: Mayodan
  • Directions: Follow E on Carolina Highway 704 Toward Buffalo Rd. Home will be on right before Buffalo road.
  • Above Grade Finished Sq Ft: 650
  • Architectural Style: Bungalow
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1949
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 500 - 700
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 650
  • Main Level Bathrooms: 2
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_HalfBathsMain: 1

Exterior Features

  • Fencing: None
  • Construction Type: Brick

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: None, See Remarks
  • Water Source: None
  • TRIADMLS_HeatingFuel: Remarks
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 100588
  • Zoning: RA
  • TRIADMLS_PricePerAcre: 20900
  • TRIADMLS_DeedPage: 1281-5
  • TRIADMLS_DeedBook: 991
  • TRIADMLS_AcresRange: 1 - 1

Tax Info

  • Tax Annual Amount: 402
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2016
Closed on
Aug 26, 2016
Sold by
Lawson John G and Lawson Janice B
Bought by
Lawson John G
List Price
$20,900
Sold Price
$30,000
Premium/Discount to List
$9,100
43.54%
Current Estimated Value
$131,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,639
Avg. Annual Appreciation
16.66%

Purchase Details

Listed on
Jun 10, 2016
Closed on
Jul 1, 2016
Sold by
Castle 2016 Llc
Bought by
Lawson John G and Lawson Janice B
List Price
$20,900
Sold Price
$30,000
Premium/Discount to List
$9,100
43.54%

Purchase Details

Listed on
Jun 10, 2016
Closed on
May 23, 2016
Sold by
Us Bank National Association
Bought by
Castle 2016 Llc
List Price
$20,900
Sold Price
$30,000
Premium/Discount to List
$9,100
43.54%

Purchase Details

Closed on
Jan 27, 2016
Sold by
Lawson Jack A
Bought by
U S Bank National Association
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
Lawson John G -- Attorney
Lawson John G $30,000 Attorney
Castle 2016 Llc $11,000 Attorney
U S Bank National Association $69,352 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Sold $30,000 +43.5% $60 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $20,900 -- $42 / 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 $665 $98,214 $15,600 $82,614
2023 $394 $48,314 $10,080 $38,234
2022 $394 $48,314 $10,080 $38,234
2021 $387 $48,314 $10,080 $38,234
2020 $387 $48,314 $10,080 $38,234
2019 $387 $48,314 $10,080 $38,234
2018 $402 $50,179 $20,080 $30,099
2017 $402 $50,179 $20,080 $30,099
2015 $406 $50,179 $20,080 $30,099
2014 $402 $50,179 $20,080 $30,099
Source: Public Records

Map

Source: Triad MLS

MLS Number: 798009

Triad MLS

APN: 100588

North Carolina Rockingham County Madison 27025

7768 Nc Highway 704, Madison, NC

This home is located at 7768 Nc Highway 704, Madison, NC 27025 since 10 June 2016 and is currently estimated at $131,639, approximately $188 per square foot. This property was built in 1949. 7768 Nc Highway 704 is a home located in Rockingham County with nearby schools including Western Rockingham Middle School, John W Dillard Elementary, and John W. Dillard Academy.

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