NOT LISTED FOR SALE

11056 Sam Black Rd Midland, NC 28107

Estimated Value: $449,000 - $489,000

3 Beds
2 Baths
1,808 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 14, 2022

Last sale price $450,000 $249 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,785/month

19 Days on Market

Highlights

  • Horse Facilities
  • Barn
  • Deck
  • Equestrian Center
  • Cape Cod Architecture
  • Attached Garage

About This Home

As of June 2022

Time frame for moving has changed so sellers have dropped price to move ahead more quickly. NOW 439K for a farm 35 minutes from Charlotte. A perfect mini-horsefarm with fencing, a two-stall run in barn, a "Graceland". building for tack and hay with metal roof, and lofts for storage. Custom chicken coup and fenced area for gardening with raised beds. Home has water softener, and purifier. In addition to the two electric heat pumps is a supplemental heat source run by the propane tank when needed. Approx 3 acres of pasture. Small creek at rear of property, not year round. New LVP floors down and new carpet up. There is a small attic area behind one bedroom on second floor that is used for an office, In addition on main level there could be an office which is currently used as a bedroom. 2018 roof.
Fig and apple trees , blackberry and blueberry bushes Restained porches. Rear deck rebuilt.

Last Agent to Sell the Property

Jo Zarnoch

Lake Norman Realty, Inc. License #189280 Listed on: 04/03/2022

Lake Norman Realty, Inc.

Last Buyer's Agent

Leslie Price

Coldwell Banker Realty License #324048

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,597

Year Built

  • Built in 1997

Lot Details

  • Fenced
  • Level Lot
  • Zoning described as CR

Parking

  • Attached Garage

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • Bethel Elementary School
  • C.C. Griffin Middle School
  • Central Cabarrus High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Equestrian Center
  • Hay Storage

Utilities

  • Heat Pump System
  • Heating System Uses Propane
  • Septic Tank
  • Cable TV Available

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 5535-34-9471-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,597

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Year Built: 1997
  • Ratio Current Price By Acre: 86705.20
  • Road Surface Type: Gravel
  • Structure Type: Two Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Tile, Vinyl
  • Interior Amenities: Cable Available
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1317
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 491
  • Porch: Deck,Front
  • Appliances: Dishwasher, Electric Oven, Self Cleaning Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1808
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Half Bathrooms: 0
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Exterior Features: Barn(s), Equestrian Facilities, Fence, Fence, Hay Shed, Satellite Internet Available
  • New Construction: No
  • Roof: Shingle
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 404
  • Parking Features: Attached Garage, Garage - 1 Car

Utilities

  • Heating: Heat Pump, Heat Pump, Propane
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Equestrian Facilities

Schools

  • Middle Or Junior School: C.C. Griffin
  • HOA Subject To: None

Lot Info

  • Lot Features: Orchard(s), Level, Pasture
  • Lot Size Area: 5.19
  • Lot Size Units: Acres
  • Parcel Number: 5535-34-9471-0000
  • Lot Size: irreg
  • Zoning Description: CR

Tax Info

  • RATIO List Price By Tax Amount: 2.21493

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Bethel
  • High School: Central Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2022
Closed on
May 27, 2022
Sold by
Stephens James T and Stephens Tina M
Bought by
Smith Dillon K and Smith Emily
Seller's Agent
Jo Zarnoch
Lake Norman Realty, Inc.
Buyer's Agent
Leslie Price
Coldwell Banker Realty
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%
Current Estimated Value
$471,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,419
Avg. Annual Appreciation
0.66%
Original Mortgage
$452,000
Outstanding Balance
$432,543
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$26,925

Purchase Details

Closed on
Mar 19, 2008
Sold by
Hogshead Edward G and Madsen Amy C
Bought by
Stephens James T and Stephens Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 19, 2003
Sold by
Ramseur Dana L and Ramseur Dolphus E
Bought by
Hogshead Edward G and Madsen Amy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 1998
Sold by
Jones Clayton J and Jones Amelia M
Bought by
Lowery Dana L and Ramseur Dolphus E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1996
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Smith Dillon K $450,000 Corigliano Law Firm
Stephens James T $246,000 None Available
Hogshead Edward G $187,500 --
Lowery Dana L $142,000 --
-- $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Dillon K $452,000
Previous Owner Stephens James T $233,000
Previous Owner Stephens James T $246,000
Previous Owner Hogshead Edward G $32,700
Previous Owner Hogshead Edward G $150,000
Previous Owner Hogshead Edward G $30,000
Previous Owner Lowery Dana L $113,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2022 06/14/22 Sold $450,000 +2.5% $249 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/20/2022 04/20/22 Price Changed $439,000 -7.6% $243 / Sq Ft
04/09/2022 04/09/22 Price Changed $475,000 -5.0% $263 / Sq Ft
04/03/2022 04/03/22 For Sale $500,000 -- $277 / Sq Ft
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
2024 $2,597 $384,240 $122,770 $261,470
2023 $1,719 $204,690 $63,320 $141,370
2022 $1,698 $198,200 $63,320 $134,880
2021 $1,605 $198,200 $63,320 $134,880
2020 $1,605 $198,200 $63,320 $134,880
2019 $1,553 $191,700 $69,630 $122,070
2018 $1,495 $191,700 $69,630 $122,070
2017 $1,457 $191,700 $69,630 $122,070
2016 $1,438 $191,500 $75,430 $116,070
2015 $1,429 $191,500 $75,430 $116,070
2014 $1,429 $191,500 $75,430 $116,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3841997

Canopy MLS (Canopy Realtor® Association)

APN: 5535-34-9471-0000