For sale

Price cut: $10K (10/23)

$209,900

305 Penn St, Madison, NC 27025

2beds

1,204sqft

Est.:

Stick/Site Built, Residential, Single Family Residence

Built in 1989

0.51 Acres Lot

$207,700 Zestimate^®

$--/sqft

$-- HOA

What's special

LOOKING FOR A LARGE WORKSHOP??? This 2 bedroom, 2 bath home sits on a nice half acre lot on a dead end street. Large living room with vaulted ceilings and gas logs. Modern kitchen with lots of cabinets, island bar, wood beam ceilings and appliances. Dining room with lots of windows that could make a nice office if you work from home. Bonus room that is currently used as a 3rd bedroom on the 2nd level(not included in the square footage because of low ceiling height). You will enjoy entertaining on the huge 57 ft X 15 ft deck. Large workshop/garage that is wired for 220 and has water. 3 bay carport attached to workshop/garage. Great location that is very convenient to downtown and minutes to New Madison River Park. Lots of wildlife in nearby pasture. You will love living here. Only $209,900. Call today for a private viewing.

146 days

403

40

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2

Primary bedroom

Level: Main

Bedroom 2

Level: Main

Dining room

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Microwave, Dishwasher, Range, Electric Water Heater

Features

Kitchen Island
Flooring: Laminate, Tile
Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 1,204
Total interior livable area: 1,204 sqft
Finished area above ground: 1,204

Property

Parking

Total spaces: 4
Parking features: Driveway, Detached Carport, Detached
Garage spaces: 4
Has carport: Yes
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Patio & porch: Porch
Pool features: None

Lot

Size: 0.51 Acres
Dimensions: .51
Features: Cleared

Details

Parcel number: 178972
Zoning: R8MD
Special conditions: Owner Sale

Construction

Type & style

Home type: SingleFamily
Property subtype: Stick/Site Built, Residential, Single Family Residence

Materials

Vinyl Siding

Condition

Year built: 1989

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Madison

Financial & listing details

Tax assessed value: $232,631
Annual tax amount: $2,978
Date on market: 7/18/2025
Cumulative days on market: 105 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan

Estimated market value

$207,700

$197,000 - $218,000

$1,370/mo

Price history

Date	Event	Price
10/23/2025	Price change	$209,900-4.5%
Source: Triad MLS #1188396 Report a problem
8/23/2025	Price change	$219,900-4.3%
Source: Triad MLS #1188396 Report a problem
7/20/2025	Listed for sale	$229,900+75.5%
Source: Triad MLS #1188396 Report a problem
6/29/2018	Sold	$131,000+0.8%
Source: Triad MLS #888137 Report a problem
6/20/2018	Pending sale	$129,900$108/sqft
Source: Allen Tate Oak Ridge #888137 Report a problem