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$119,900 Just Listed
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Property Description
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!!
Full Property Details
Full Property Details for 408 Bailey Rd
General
- Price: $119,900
- Taxes: $989
- Status: Active
- Type: Single Family
- Source: Triad_MLS
- MLS ID: 1223582
- Updated: 6/9/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: See Remarks
- Number of Fireplaces: 1
- Fireplace(s): Living Room
- Appliances: Oven, Dishwasher, Remarks, Cooktop, Electric Water Heater
- Flooring: Laminate, See Remarks, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- 1st/Main Floor Primary: Yes
Other Rooms
- Laundry: Dryer Connection, Washer Hookup
Exterior
- Exterior Features: Garden
- Patio/Terrace: Yes
Parking
- Garage Description: Detached Garage
- Garage Spaces: 1
- Parking Features: Driveway, Detached
Location
- County: Rockingham
- Subdivision: None
- Driving Directions: Take Bethany Road take a left on Bald Hill loop and Right on Bailey Rd
School Information
- Elementary School: Call School Board
- Middle School: Call School Board
- High School: Call School Board
Heating & Cooling
- Cooling Type: Other
- Heating Type: Heat Pump, See Remarks, Electric
- Heating Fuel: Electric, Remarks
- Water Heater: Electric
Utilities
- Sewer: Septic Tank
- Water: Well
Structural Information
- Architectural Style: Cottage
- Exterior Const.: Vinyl Siding, Wood Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Stories/Levels: One and One Half
- Heated/Cooled: 910 Sq. Ft.
- Year Built: 1957
Lot Features
- Lot Size (Acres): 0.88
- Lot Dimensions: 99 x 252 x 98 x 90 x 201
- Road Maintenance: Public Maintained Road
- Lot Features: Natural Land
- Fencing (Description): None
Financial Considerations
- Price Per Acre: $136,250
- Tax Amount: $989
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Foreclosure/REO/Bank
- In foreclosure: Yes
Listed by The Property Source and Homegenius Real Estate Llc
Get Pre-Approved Today
Schools
Schools serving 408 Bailey Rd
School District:Rockingham County Schools
| Name | Grades | Distance |
|---|---|---|
Huntsville Elementary 2020 Sardis Church Road, Madison, NC 27025 | K-5 | 3.8 mi |
Western Rockingham Middle 915 Northwest Ayersville Road, Madison, NC 27025 | 6-8 | 4.7 mi |
Dalton Mcmichael High 6845 North Carolina 135, Mayodan, NC 27027 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 408 Bailey Rd
Date
Details
Price
Change
Source
6/08/2026
Listed
$119,900
-7.77%
MLS
8/31/2023
Sold
$130,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 408 Bailey Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,034
5%
$148,795
—
2024
$989
43%
$148,795
69%
2023
$694
—
$87,899
—
2021
$694
—
$87,899
—
2022
$694
101%
$87,899
—
2020
$346
-50%
$87,899
—
2019
$694
-8%
$87,899
-8%
2017
$755
—
$95,409
—
2016
$755
1%
$95,409
—
2014
$747
1%
$95,409
—
2013
$742
—
$95,409
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 408 Bailey Rd
408 Bailey Road, Madison, NC 27025 (MLS# 1223582) is a Single Family property with 2 bedrooms and 1 full bathroom. 408 Bailey Road is currently listed for $119,900 and was received on June 08, 2026. Want to learn more about 408 Bailey Road? Do you have questions about finding other Single Family real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

