NOT LISTED FOR SALE

000 R L Ln Midland, NC 28107

Estimated Value: $365,000 - $431,000

2.23 Acres
$179,761 Price per Acre
97,139 Sq Ft Lot

Last Sold January 06, 2023

Last sale price $87,000

Est. 361% increase in value since last sale

Current estimated payment $2,320/month

107 Days on Market

About This Lot

As of January 2023

Hard to find 2+ acre lot in Western Stanly County! This lot has already been perked for a 3 bedroom gravity fed system that's valid until 2024. Bring your house plans and get to work! Lot could potentially be subdivided. The location and privacy of this lot are hard to beat. Very easy commute to Charlotte, Concord, Monroe, Matthews, Mint Hill, Albemarle, and Locust!

Last Agent to Sell the Property

Randy Oliver

McCoy Real Estate Inc License #296116 Listed on: 09/21/2022

Last Buyer's Agent

Laura Linker

Linker and Linker Executive Realty License #233350

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,523

Lot Details

  • Lot Dimensions are 255x263
  • Wooded Lot
  • Possible uses of the property include Private Estate, Residential
  • Zoning described as CountyRA

Home Design

  • Slab Foundation

Basement

  • Crawl Space

Utilities

  • Well Required
  • Septic Equal To The Number Of Bedrooms: 3
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 5564-03-10-5486

Property Details

Property Type

Land

Est. Annual Taxes

$2,523

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 39013.45
  • Restrictions: No Representation
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Easement, Gravel Road
  • Structure Type: Lot
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space, Slab
  • Fixture Exception Yn: 0
  • Possible Use: Private Estate, Residential

Exterior Features

  • Tax Location: No City Taxes Paid
  • Wooded Acres: 2.23

Utilities

  • Sewer: Septic Needed
  • Bedrooms Septic: 3
  • Water Source: Well Needed

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Wooded
  • Lot Size Units: Acres
  • Parcel Number: 5564-03-10-5486
  • Out Buildings Yn: 0
  • Lot Size: 255x263
  • Zoning Description: CountyRA
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 5.60538

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2022
Closed on
Jan 6, 2023
Sold by
Forbis Pamela D and Forbis Calvin D
Bought by
Harris Tyler and Harris Brittany
Seller's Agent
Randy Oliver
McCoy Real Estate Inc
Buyer's Agent
Laura Linker
Linker and Linker Executive Realty
List Price
$110,000
Sold Price
$87,000
Premium/Discount to List
-$23,000
-20.91%
Views
105
Current Estimated Value
$400,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,867
Avg. Annual Appreciation
69.35%
Original Mortgage
$69,600
Outstanding Balance
$55,249
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$345,618
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harris Tyler $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Tyler $69,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2023 01/06/23 Sold $87,000 -13.0% --
10/18/2022 10/18/22 Price Changed $100,000 -9.1% --
09/21/2022 09/21/22 For Sale $110,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,523 $400,546 $50,760 $349,786
2024 $1,189 $162,841 $31,040 $131,801
2023 $130 $17,840 $17,840 $0
2022 $128 $17,840 $17,840 $0
2021 $127 $17,840 $17,840 $0
2020 $105 $13,826 $13,826 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3906460

Canopy MLS (Canopy Realtor® Association)

APN: 5564-03-10-5486