$208,000
SOLD APR 15, 2025
3 Beds
2 Baths
1,217 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

23% Below List Price

5 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • 1 Car Garage
  • No HOA

About This Home

As of April 2025

Nestled in the heart of the sought-after Ardmore district, this 3-bedroom, 2-bathroom home offers incredible potential for the right buyer. While the property does require some updates and work, it boasts strong bones and timeless charm that will shine with the right touches.

Upon entering, you'll appreciate the classic architectural details that are characteristic of the Ardmore neighborhood. Boasting charming original features waiting to be restored. With a little vision and effort, this home could be transformed into your dream space.

The Ardmore district is known for its tree-lined streets, vibrant community, and convenient proximity to local shops, restaurants, and parks. Whether you're looking to renovate and make this home your own or invest in a property with strong long-term value, 803 Madison Ave presents an exciting opportunity.

This home offers endless possibilities. Don’t miss out schedule a showing today and see the potential for yourself!

Last Agent to Sell the Property

Christian Courtney

The Baldwin Companies License #295958 Listed on: 03/14/2025

Last Buyer's Agent

Garrett Andersson

The Andersson Group License #326803

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,375

Year Built

  • Built in 1928

Lot Details

  • 6,534 Sq Ft Lot
  • Property is zoned RS9

Parking

  • 1 Car Garage
  • Basement Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,217 Sq Ft Home
  • Property has 2 Levels
  • Living Room with Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Utilities

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

Community Details

  • No Home Owners Association
  • Ardmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6825514189
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,375

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Subdivision Name: Ardmore
  • Directions: Take exit 234B toward Winston-Salem. Merge onto Salem Parkway: Continue on Salem Parkway for approximately 1 mile. Turn left onto Peters Creek Parkway. Turn right onto Madison Avenue: Turn right onto Madison Avenue.
  • Above Grade Finished Sq Ft: 1217
  • Unit Levels: Two
  • Structure Type: House
  • Year Built: 1928
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_BuiltInformation: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Unfinished, Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 1217
  • Main Level Bathrooms: 1
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage, Basement
  • Garage Description: Basement Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Electric, Natural Gas
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Electric, Natural Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 6825514189
  • Zoning: RS9
  • TRIADMLS_PricePerAcre: 1386666.6667
  • TRIADMLS_DeedPage: 4339
  • TRIADMLS_DeedBook: 3579

Tax Info

  • Tax Annual Amount: 2375
  • Tax Year: 2024
  • TRIADMLS_TaxRate: 1.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Mar 21, 2025
Sold by
Alspaugh Mark A and Grose Marsha
Bought by
Alspaugh Properties Llc
Seller's Agent
Christian Courtney
The Baldwin Companies
Buyer's Agent
Garrett Andersson
The Andersson Group
List Price
$270,000
Sold Price
$208,000
Premium/Discount to List
-$62,000
-22.96%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.37%
Original Mortgage
$225,000
Outstanding Balance
$135,758
Interest Rate
6.76%
Mortgage Type
Construction
Estimated Equity
$91,289

Purchase Details

Closed on
Jan 13, 2021
Sold by
Alspaugh Properties Llc
Bought by
Alspaugh Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2008
Sold by
Lsb Properties Inc
Bought by
Alspaugh Properties Llc

Purchase Details

Closed on
Oct 10, 2008
Sold by
Vanzant Properties Llc
Bought by
Lsb Properties Inc

Purchase Details

Closed on
Nov 7, 2006
Sold by
Norman Roger G
Bought by
Vanzant Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2003
Sold by
Norman Roger and Norman Sarah S
Bought by
Norman Roger G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $208,500 None Listed On Document
Quit Claim Deed -- None Available
Special Warranty Deed $75,000 None Available
Trustee Deed $100,000 None Available
Warranty Deed $100,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 Construction
Previous Owner $153,750 New Conventional
Previous Owner $155,200 Stand Alone Refi Refinance Of Original Loan
Previous Owner $200,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $125,000 Purchase Money Mortgage
Previous Owner $80,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $395,000 -1.0% $296 / Sq Ft
06/23/2025 06/23/25 Price Changed $399,000 -2.7% $299 / Sq Ft
06/18/2025 06/18/25 For Sale $410,000 +97.1% $307 / Sq Ft
04/15/2025 04/15/25 Sold $208,000 -23.0% $171 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $270,000 -- $222 / 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
2023 $2,267 $169,300 $58,500 $110,800
2022 $2,224 $169,300 $58,500 $110,800
2021 $2,184 $169,300 $58,500 $110,800
2020 $1,864 $135,000 $54,000 $81,000
2019 $1,878 $135,000 $54,000 $81,000
2018 $1,783 $135,000 $54,000 $81,000
2016 $1,595 $121,249 $54,000 $67,249
2015 $1,571 $121,249 $54,000 $67,249
2014 $1,523 $121,249 $54,000 $67,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 1173387

Triad MLS

APN: 6825-51-4189