This property is eligible under The Freddie Mac First Look Initiative through 7/7/26. This home has 2 bedrooms and 1 bath. There is a staircase up to second floor area that is unfinished. New Roof... Galley kitchen that is open to dining room area. Laundry room has tile flooring and leads to side deck. Detached garage/storage or shop and sits on an .88 acre lot. Bring your vision to this one!! This property is SOLD "AS-IS". Schedule your showing today!!
Foreclosure
Est. $119,900
408 Bailey Rd, Madison, NC 27025
2beds
910sqft
Stick/Site Built, Residential, Single Family Residence
Built in 1957
0.88 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
Overview
- 6 days |
- 689 |
- 29 |
Zillow last checked:
Listing updated:
Listed by:
Mike Alala 336-324-8389,
The Property Source,
Roberto Vannucchi 203-249-7178,
HOMEGENIUS REAL ESTATE LLC
Source: Triad MLS,MLS#: 1223582
Originating MLS: Greensboro
Originating MLS: GreensboroLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Main
- Dimensions: 10.17 x 9.5
Bedroom 2
- Level: Main
- Dimensions: 10.25 x 8.58
Dining room
- Level: Main
- Dimensions: 9.58 x 8.67
Kitchen
- Level: Main
- Dimensions: 14.5 x 12
Laundry
- Level: Main
- Dimensions: 10 x 6.42
Living room
- Level: Main
- Dimensions: 14.5 x 11.08
Heating
- Heat Pump, See Remarks, Electric
Cooling
- Other
Appliances
- Included: Oven, Dishwasher, Remarks, Cooktop, Electric Water Heater
- Laundry: Dryer Connection, Washer Hookup
Features
- See Remarks
- Flooring: Laminate, See Remarks, Vinyl
- Basement: Crawl Space
- Attic: Partially Floored,Permanent Stairs
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 910
- Total interior livable area: 910 sqft
- Finished area above ground: 910
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Detached
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Porch
- Exterior features: Garden
- Pool features: None
- Fencing: None
Lot
- Size: 0.88 Acres
- Dimensions: 99 x 252 x 98 x 90 x 201
- Features: Natural Land
Details
- Parcel number: 124753
- Zoning: RP
- Special conditions: Foreclosure/REO/Bank
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Stick/Site Built, Residential, Single Family Residence
Materials
- Vinyl Siding, Wood Siding
Condition
- Year built: 1957
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Madison
Financial & listing details
- Tax assessed value: $148,795
- Annual tax amount: $989
- Date on market: 6/8/2026
- Cumulative days on market: 6 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Foreclosure details
Estimated market value
Not available
Estimated sales range
Not available
$1,638/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Listed for sale | $119,900-7.8% |
Source:  Triad MLS #1223582 Report a problem | ||
| 11/12/2025 | Sold | $130,000-12.8%$143/sqft |
Source: Public Record Report a problem | ||
| 10/28/2025 | Listed for sale | -- |
Source:  Auction.com 4 #*APID1300679* Report a problem | ||
| 10/27/2025 | Listing removed | $149,000 |
Source: Triad MLS #1180512 Report a problem | ||
| 6/13/2025 | Price change | $149,000-5.7% |
Source: Triad MLS #1180512 Report a problem | ||
| 5/14/2025 | Listed for sale | $158,000-1.2% |
Source: Triad MLS #1180512 Report a problem | ||
| 1/30/2025 | Listing removed | $159,900 |
Source: Triad MLS #1167553 Report a problem | ||
| 1/23/2025 | Listed for sale | $159,900 |
Source: Triad MLS #1167553 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $989 +38.1% | $148,795 +69.3% |
| 2023 | $716 +3.2% | $87,899 |
| 2022 | $694 | $87,899 |
| 2021 | $694 | $87,899 |
| 2020 | $694 | $87,899 |
| 2019 | $694 -1% | $87,899 -7.9% |
| 2018 | $701 -8% | $95,409 |
| 2017 | $762 | $95,409 |
| 2015 | $762 +1% | $95,409 |
| 2014 | $755 +1.5% | $95,409 |
| 2013 | $743 | $95,409 |
| 2012 | $743 +3.4% | $95,409 +3.7% |
| 2011 | $719 +18.3% | $92,015 +21.5% |
| 2010 | $608 +0% | $75,703 |
| 2009 | $608 +3.5% | $75,703 |
| 2008 | $587 | $75,703 |
| 2007 | $587 +9.9% | $75,703 |
| 2005 | $534 | $75,703 |
| 2004 | $534 | $75,703 |
| 2003 | $534 +26.8% | $75,703 +42.1% |
| 2002 | $421 | $53,264 |
| 2001 | $421 | $53,264 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 27025
Nearby schools
GreatSchools rating
- 6/10Huntsville ElementaryGrades: PK-5Distance: 3.9 mi
- 8/10Western Rockingham MiddleGrades: PK,6-8Distance: 4.5 mi
- 5/10Dalton Mcmichael HighGrades: 9-12Distance: 3.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Rockingham County
- Madison
- 27025
- 408 Bailey Rd
Nearby cities
Nearby zip codes
Other Madison Topics
