392 Bailey Rd is a 1,661 square foot house on a 3.03 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Madison data, we estimate the home's value is $330,897.
Single-familyProperty Type
1998Year Built
3.03 acresLot Size
$199Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$330,897
$5,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 12.3% lower than the average sale price ($378K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$1,994 (+4.5%)
$37,329 + $249,475
$286,804
2024
$1,907 (+38.9%)
$37,329 + $249,475
$286,804
2023
$1,373 (+3.1%)
$37,329 + $249,475
$286,804
2022
$1,331
$23,755 + $143,480
$167,235
2021
$1,331
$23,755 + $143,480
$167,235
2020
$1,331
$23,755 + $143,480
$167,235
2019
$1,331 (+1.5%)
$23,755 + $143,480
$167,235
2018
$1,312
$23,755 + $143,480
$167,235
2017
$1,312 (−0.7%)
$30,361 + $134,858
$165,219
2016
$1,321
$30,361 + $134,858
$165,219
2015
$1,321 (+1.4%)
$30,361 + $134,858
$165,219
2014
$1,303
$30,361 + $134,858
$165,219
Tax history for 392 Bailey Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,994 (+4.5%)
$37,329 + $249,475
$286,804
2024
$1,907 (+38.9%)
$37,329 + $249,475
$286,804
2023
$1,373 (+3.1%)
$37,329 + $249,475
$286,804
2022
$1,331
$23,755 + $143,480
$167,235
2021
$1,331
$23,755 + $143,480
$167,235
2020
$1,331
$23,755 + $143,480
$167,235
2019
$1,331 (+1.5%)
$23,755 + $143,480
$167,235
2018
$1,312
$23,755 + $143,480
$167,235
2017
$1,312 (−0.7%)
$30,361 + $134,858
$165,219
2016
$1,321
$30,361 + $134,858
$165,219
2015
$1,321 (+1.4%)
$30,361 + $134,858
$165,219
2014
$1,303
$30,361 + $134,858
$165,219
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RA
Residential Agricultural District
The Residential Agriculture (RA) district is established in areas that are characterized by large lots, clustered subdivisions, agricultural uses and open lands. These areas may include prime farmland and unique topographical or environmental restrictions that are remote from existing developed areas. These areas represented non-target growth areas where limited public water and no public sewer utilities are available. This district promotes rural development patterns that are characterized by the following: Low densities, including large lots or clustered lots that are surrounded by contiguous swaths of natural areas or agricultural land.; Setbacks and lot characteristics that are consistent with the existing, natural terrain.; Narrow, winding streets that follow the natural topography.; Natural or agricultural areas with preponderance of agricultural activities and forested lands.; The RA district carries forth the principles associated with the preservation and conservation of rural lands throughout the county where low density is desirable in order to protect environmentally sensitive areas, agricultural areas, and viewsheds.; Major subdivisions with 100 or more lots are not permitted in RA.
Property details
Interior
Basement Information
Basement Sq. Ft: 1,107
Basement Type: Unfinished
Heating & Cooling
Heating Type: Heat Pump
Exterior
Exterior Information
Floor Construction Type: Wood
Building Construction Quality: Below Average
Exterior Wall: Vinyl
Roof Covering Type: Asphalt
Roof Shape Type: Asphalt
Building Type: Single Family
Property Information
Subdivision Name: IRON PIPE LYING
Living Sq. Ft: 1,661
Ground Floor Sq. Ft: 1,107
Building Sq. Ft: 2,768
Legal Description: 3.03 AC LOT MICHAEL LEE W ILLIAMS JR SURVEY
Lot Information
# of Buildings: 1
Land Sq. Ft: 131,987
Municipality Name: NEW BETHEL
Acres: 3.03
Zoning Code: RA
County Use Description: SINGLE FAMILY RES
Financial
Assessor Information
Assessment Year: 2026
Tax District County: HUNTSVILLE FD
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,661
Stories: —
Lot Size: 3.03 acres
Style: Single Family Residential
Year Built: 1998
Year Renovated: 1998
County: Rockingham County
APN: 124752
Home facts updated by county records on Aug 26, 2026
Around this home
Schools
Huntsville Elementary
Public PreK-5 • Assigned • 3.9mi
6/10
Western Rockingham Middle
Public PreK-8 • Assigned • 4.4mi
8/10
Dalton Mcmichael High
Public 9-12 • Assigned • 3.6mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 103° expected this year, 18 days in 30 years
4/10 Wind Factor
9% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Madison, NC • 27025
Average low and high temperatures (°F)
46
26
53
33
70
43
76
51
77
55
87
65
89
71
83
66
79
61
71
48
64
41
51
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 5 hours in December, which is comparable to the
U.S. average for solar exposure.
9 hrs
5 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$315,000 – $381,000
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