See Home Value
$388,246*
House - Off Market

848 Madison Avenue

Cary, NC 27513
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1270 Sqft
$238,000 - $290,000
Reference Base Price*
46.56%
Since Oct 1, 2019
National-US
Primary Model
Sold Oct 01, 2019
$265,000
$240,174 by Towne Mortgage Of The Carolina
Mortgage Due Nov 01, 2049
Sold Jun 13, 2016
$212,000
$163,300 by Fairway Independent Mortgage C
Mortgage Due Jul 01, 2036

About This Property

Gorgeous 3bdr/2bth Ranch in Heart of Cary. New Siding, High Efficiency Windows, & Gutters with Leaf Guard. Newer HVAC.  Kitchen has New Ceramic Floors, Granite Counters, SS Appliances, Gas Stove, and Tons of Cabinets. Living Room has Vaulted Ceiling and Gas Fireplace. Separate Dining Space. Separate Utility Room. Large Mstr has 2 closets. Large Back Deck Looks Over Fully Fenced Private Wooded Lot. Attached Storage Shed, No HOA. Great Location in Quiet Neighborhood close to RDU, I40, 540 and Downtown Cary.

The manager has listed the unit size as 1270 square feet.
Unit Size
1,270Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$209
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989

Price History

Date / Event Date Event Price
Oct 1, 2019 Sold $265,000
Sold
Sep 5, 2019 No longer available -
No longer available
Sep 1, 2019 Price Decreased $264,900
↓ $5K (1.9%)
Price Decreased
Aug 22, 2019 Listed $269,900
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Roof Shape Type: Gable
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,228
  • Building Area: 1,228
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,228
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: MADISON OAKS
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LO33 MADISON OAKS PH1-A BM1988-00189

Ownership

  • Current Owner : MOUNTAIN JAMES M
  • Current Owner 2: MOUNTAIN ERIN K
  • Previous Owner : PEDROTTI MARIA C
  • Owner Before Previous Owner: NOWERS MICHAEL
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wake County Schools
  • Census Tract: 053524

Zoning

  • Zoning: R8

Geography

  • Account Number: 0172365
  • District: 04
  • Subdivision Phase Number: 1
  • Parcel: 0754.16-93-8842 0172365
  • Lot: 33
  • Municipality: CARY
  • Latitude: 35.7936
  • Longitude: -78.7982

    Address

  • Full Address: 848 Madison Ave
  • Address - House Number: 848
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Cary
  • Carrier Code: C007
  • 4-Digit Zip Code: 4340
  • Zip Code: 27513

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,528

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Aug 31, 2022
  • Confidence Score: 79
  • Final Value: 404,976
  • High Value: 471,641
  • Low Value: 338,311

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,174
  • First Open Lien Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • First Open Lien Mortgage Recording Date: Oct 01, 2019
  • First Open Lien Mortgage Loan Amount: $240,174
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $259,995
  • Market Land Value: $110,000
  • Market Improvement Value: $149,995

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $259,995
  • Assessed Land Value: $110,000
  • Assessed Improvements Value: $149,995

    Sales

  • Current Sale Contract Date: Sep 19, 2019
  • Current Sale Recording Date: Oct 01, 2019
  • Current Sale Transaction ID: 11660637364
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jun 13, 2016
  • Previous Sale Contract Date: Jun 03, 2016
  • Previous Sale Amount: $212,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TOWNE MORTGAGE OF THE CAROLINA
  • First Mortgage Transaction Date: Oct 01, 2019
  • First Mortgage Loan Amount: $240,174
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Jun 13, 2016
  • Previous Mortgage Loan Amount: $163,300
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
3 Beds
1.5 Baths
1,219 ft²
$253/ft²
$308,000 Sep 8, 2023
-
$143/mo
Other
Loft
3 Baths
876 ft²
$354/ft²
$310,000 Aug 17, 2023
-
$137/mo

About Madison Oaks


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Frequently Asked Questions

When was property at 848 Madison Avenue built and last sold?
The property at 848 Madison Avenue was built in 1989 and last sold on Sep 19, 2019 for $265,000.
How much is this home worth?
The estimated value of the home located at 848 Madison Avenue is $267,880.
What are some comparable homes to 848 Madison Avenue?
There are currently no comparable homes to 848 Madison Avenue.

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