NOT LISTED FOR SALE

11901 Riceland Way Unit 20 Midland, NC 28107

Estimated Value: $1,283,000 - $1,572,552

5 Acres
$285,555 Price per Acre
217,800 Sq Ft Lot

Last Sold May 21, 2021

Last sale price $80,000

Est. 1,685% increase in value since last sale

Current estimated payment $8,310/month

1,283 Days on Market

Highlights

  • Many Trees
  • Bethel Elementary School Rated 9+
  • Level Lot

About This Lot

As of May 2021

Fantastic 5 acre wooded lot on a quiet cul de sac road in beautiful Midland in Cabarrus County. Just minutes from from Charlotte, Harrisburg, Mint Hill, Locust, and Charlotte's beltway 485.
Please do not enter property without a REALTOR® and a showing appointment scheduled through Showingtime.

Last Agent to Sell the Property

Penny Carter

Keller Williams Unlimited License #289331 Listed on: 08/18/2017

Keller Williams Unlimited

Last Buyer's Agent

Mike Abernethy

EXP Realty LLC Ballantyne License #273651

EXP Realty LLC Ballantyne

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Many Trees
  • Property is zoned Residential Acreage

Listing and Financial Details

  • Assessor Parcel Number 5545-70-5472-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.88398
  • Ratio Close Price By Original Li: 0.60606
  • Ratio Current Price By Acre: 16000.00
  • Restrictions: Manufactured Home Not Allowed
  • Special Features: None

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Features: Level, Trees
  • Lot Size Area: 5.000
  • Parcel Number: 5545-70-5472-0000
  • Zoning: Residential Acreage
  • Zoning Specification: SFR
  • Plat Reference Section Pages: 174
  • Wooded Acres: 5.00

Tax Info

  • Tax Value: 84050.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2022
Sold by
Bagley Morgan Mary
Bought by
Balashov Vadim and Balashov Yana
Current Estimated Value
$1,427,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$95,828
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$1,331,948

Purchase Details

Listed on
Aug 18, 2017
Closed on
May 19, 2021
Sold by
Mccully Lynne Rae
Bought by
Morgan Mary Bagley
Seller's Agent
Penny Carter
Keller Williams Unlimited
Buyer's Agent
Mike Abernethy
EXP Realty LLC Ballantyne
List Price
$90,500
Sold Price
$80,000
Premium/Discount to List
-$10,500
-11.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.51%

Purchase Details

Closed on
Jun 26, 2013
Sold by
Mccully Robert Glenn
Bought by
Mccully Lynne Rae
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Balashov Vadim $175,000 Panchenko Law Firm Pllc
Morgan Mary Bagley $80,000 Investors Title
Mccully Lynne Rae -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balashov Vadim $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $80,000 -11.6% --
02/21/2021 02/21/21 Pending -- -- --
09/25/2020 09/25/20 For Sale $90,500 0.0% --
08/26/2020 08/26/20 Pending -- -- --
08/14/2020 08/14/20 Price Changed $90,500 -4.7% --
04/15/2020 04/15/20 For Sale $95,000 0.0% --
02/27/2020 02/27/20 Pending -- -- --
08/16/2019 08/16/19 Price Changed $95,000 -5.0% --
04/05/2019 04/05/19 Price Changed $100,000 -4.8% --
08/16/2018 08/16/18 Price Changed $105,000 -12.5% --
05/04/2018 05/04/18 Price Changed $120,000 -9.1% --
08/18/2017 08/18/17 For Sale $132,000 -- --
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 $8,885 $1,144,920 $100,630 $1,044,290
2024 $7,657 $986,690 $100,630 $886,060
2023 $896 $93,330 $93,330 $0
2022 $896 $93,330 $93,330 $0
2021 $896 $93,330 $93,330 $0
2020 $896 $93,330 $93,330 $0
2019 $807 $84,050 $84,050 $0
2018 $773 $84,050 $84,050 $0
2017 $756 $84,050 $84,050 $0
2016 $756 $84,050 $84,050 $0
2015 -- $84,050 $84,050 $0
2014 -- $84,050 $84,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3312252

Canopy MLS (Canopy Realtor® Association)

APN: 5545-70-5472-0000