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Foreclosure
    • Price cut: $5K (7/25)
    Est. $114,900

    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

    This property is eligible under The Freddie Mac First Look Initiative through 7/8/26. 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!!
    52 days
    |
    980
    |
    42
    |

    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#: 1223582MLS LogoOriginating MLS: Greensboro

      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: 52 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Foreclosure details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,289/mo

        Price history

        DateEventPrice
        7/25/2026Price change$114,900-4.2%
        Source: Triad MLS #1223582 Report a problem
        6/8/2026Listed for sale$119,900-7.8%
        Source: Triad MLS #1223582 Report a problem
        11/12/2025Sold$130,000-12.8%$143/sqft
        Source: Public Record Report a problem
        10/28/2025Listed for sale--
        Source: Auction.com 4 #*APID1300679* Report a problem
        10/27/2025Listing removed$149,000
        Source: Triad MLS #1180512 Report a problem
        6/13/2025Price change$149,000-5.7%
        Source: Triad MLS #1180512 Report a problem
        5/14/2025Listed for sale$158,000-1.2%
        Source: Triad MLS #1180512 Report a problem
        1/30/2025Listing removed$159,900
        Source: Triad MLS #1167553 Report a problem
        1/23/2025Listed for sale$159,900
        Source: Triad MLS #1167553 Report a problem

        Public tax history

        YearProperty taxesTax 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.
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        Climate risks

        Neighborhood: 27025

        Getting around

        0 / 100
        Car-Dependent
        12 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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