NOT LISTED FOR SALE

8225 Madison Ln Hickory, NC 28602

Estimated Value: $341,000 - $351,000

3 Beds
2 Baths
1,514 Sq Ft
$228/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $300,000 $198 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,972/month

15 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Attached Garage
  • Ranch Style House
  • Rear Porch
  • Laundry Room

About This Home

As of September 2022

Almost-new construction home in a fantastic location! Incredibly convenient location, just minutes from Mt. View and minutes from Hickory shopping such as the mall, and the best part is no city taxes. This 2020 home is a real eye-catcher, with modern craftsmanship spotted throughout the home, such as the butcher block kitchen island or the luxury vinyl flooring. Enjoy the open concept split floorplan that this home offers, and relax on the private rear deck that was just replaced with Trex boards for longevity and looks. This home is move in ready! ALL appliances convey including clothes washer and dryer as well as storage shed. New Build in December 2020, and only occupied since February 2021. It's towards the end of a cul-de-sac so not a lot of traffic either. Schedule your showing today!

Last Agent to Sell the Property

Aaron Robbins

Realty Executives of Hickory License #317725 Listed on: 08/04/2022

Realty Executives of Hickory

Last Buyer's Agent

Donna M. Laws

Foothills Realty, LLC License #187168

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2020

Lot Details

  • Level Lot
  • Property is zoned RMU, R-MU

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,514 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Vinyl Flooring
  • Crawl Space

Kitchen

  • Oven
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Driveway

Outdoor Features

  • Shed
  • Rear Porch

Schools

  • George Hidelbrand Elementary School
  • East Burke Middle School
  • East Burke High School

Utilities

  • Heat Pump System
  • Septic Tank

Community Details

  • Built by Detweiler
  • The Meadows Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2770267573

Home Details

Home Type

Single Family

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2020
  • Ratio Current Price By Acre: 600000.00
  • Restrictions: Deed
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: See attachments
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 198.15
  • Special Features: NewHome

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Kitchen Island, Open Floorplan
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1514
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Back
  • Appliances: Ceiling Fan(s), Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1514
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Shed(s)
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Brick

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: County Water

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: East Burke
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Units: Acres
  • Parcel Number: 2770267573
  • Plat Book Slide: 17/252
  • Plat Reference Section Pages: 17/252
  • Zoning Description: R-MU
  • ResoLotSizeUnits: Acres

Building Info

  • Builder Name: Detweiler

Tax Info

  • RATIO List Price By Tax Amount: 1.49620

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: George Hidelbrand
  • High School: East Burke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Sep 21, 2022
Sold by
Allen Shull David and Spears Rebecca
Bought by
Grigg William Vincent and Grigg Beverly Rena
Seller's Agent
Aaron Robbins
Realty Executives of Hickory
Buyer's Agent
Donna M. Laws
Foothills Realty, LLC
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Views
5
Current Estimated Value
$345,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,716
Avg. Annual Appreciation
4.36%
Original Mortgage
$300,000
Outstanding Balance
$286,546
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$59,170

Purchase Details

Listed on
Dec 24, 2020
Closed on
Feb 5, 2021
Sold by
Detweiler Construction Inc
Bought by
Shull David Allen and Shull Rebecca Spears
Seller's Agent
Jenn Davis
Huffman Realty Group, LLC
Buyer's Agent
Doris Holland
Century 21 Lawrie Lawrence
List Price
$249,000
Sold Price
$249,900
Premium/Discount to List
$900
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.94%
Original Mortgage
$223,850
Interest Rate
2.6%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2020
Sold by
Lynn Johnny L
Bought by
Detweiler Construction Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Grigg William Vincent $300,000 --
Grigg William Vincent $300,000 None Listed On Document
Shull David Allen $250,000 None Available
Shull David Allen $250,000 None Listed On Document
Detweiler Construction Inc $9,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grigg William Vincent $300,000
Closed Grigg William Vincent $300,000
Previous Owner Shull David Allen $223,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2022 09/21/22 Sold $300,000 -1.6% $198 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $305,000 -4.7% $201 / Sq Ft
08/12/2022 08/12/22 Price Changed $319,900 -1.6% $211 / Sq Ft
08/04/2022 08/04/22 For Sale $325,000 +30.1% $215 / Sq Ft
02/05/2021 02/05/21 Sold $249,900 +0.4% $163 / Sq Ft View Prior Sale
12/24/2020 12/24/20 Pending -- -- --
12/24/2020 12/24/20 For Sale $249,000 -- $163 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $1,964 $281,563 $20,000 $261,563
2024 $1,974 $281,563 $20,000 $261,563
2023 $1,974 $281,563 $20,000 $261,563
2022 $1,723 $203,850 $20,000 $183,850
2021 $1,696 $201,205 $20,000 $181,205
2020 $161 $20,000 $20,000 $0
2019 $161 $20,000 $20,000 $0
2018 $131 $16,250 $16,250 $0
2017 $128 $16,250 $16,250 $0
2016 $125 $16,250 $16,250 $0
2015 $125 $16,250 $16,250 $0
2014 $125 $16,250 $16,250 $0
2013 $125 $16,250 $16,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3889379

Canopy MLS (Canopy Realtor® Association)

APN: 56220