NOT LISTED FOR SALE

11901 Riceland Way 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 August 04, 2022

Last sale price $175,000

Est. 716% increase in value since last sale

Current estimated payment $8,310/month

41 Days on Market

Highlights

  • Wooded Lot
  • Bethel Elementary School Rated 9+
  • Level Lot

About This Lot

As of August 2022

Ready to build your dream home? Look no further! This beautiful 5 acre lot is on a quiet cul-de-sac street in Midland! Perfect location just minutes to Charlotte, Harrisburg, Mint Hill and I-485. Lower Cabarrus County taxes but close to everything our Queen City has to offer! New septic permit available for 4 bedroom home.

Last Agent to Sell the Property

Mike Abernethy

EXP Realty LLC Ballantyne License #273651 Listed on: 06/24/2022

EXP Realty LLC Ballantyne

Last Buyer's Agent

Angelica Balashova

Akin Realty LLC License #333295

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,885

Lot Details

  • Property fronts a private road
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Residential

Schools

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

Utilities

  • Well Required
  • Septic Equal To The Number Of Bedrooms: 4
  • Septic Needed

Community Details

  • Turner Plantation Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5545-70-5472-0000

Property Details

Property Type

Land

Est. Annual Taxes

$8,885

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 35000.00
  • Restrictions: Other - See Media/Remarks
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Restrictions Description: see CCRs
  • Road Frontage Type: Paved Road, Private Road, Private Maintained Road
  • Structure Type: Acreage
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Residential

Exterior Features

  • Tax Location: No City Taxes Paid
  • Wooded Acres: 5.00

Utilities

  • Sewer: Septic Needed
  • Bedrooms Septic: 4
  • Water Source: Well Needed

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

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

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 5
  • Lot Size Units: Acres
  • Parcel Number: 5545-70-5472-0000
  • Out Buildings Yn: 0
  • Can Be Subdivided: 0
  • Plat Reference Section Pages: 60
  • Zoning Description: SFR

Tax Info

  • RATIO List Price By Tax Amount: 1.98221

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Bethal
  • High School: Central Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Aug 4, 2022
Sold by
Bagley Morgan Mary
Bought by
Balashov Vadim and Balashov Yana
Seller's Agent
Mike Abernethy
EXP Realty LLC Ballantyne
Buyer's Agent
Angelica Balashova
Akin Realty LLC
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%
Views
4
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.
Estimated Appreciation
$1,252,776
Avg. Annual Appreciation
93.10%
Original Mortgage
$100,000
Outstanding Balance
$95,828
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$1,331,948

Purchase Details

Closed on
May 19, 2021
Sold by
Mccully Lynne Rae
Bought by
Morgan Mary Bagley

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
08/04/2022 08/04/22 Sold $175,000 -5.4% --
06/24/2022 06/24/22 For Sale $185,000 -- --
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: 3876234

Canopy MLS (Canopy Realtor® Association)

APN: 5545-70-5472-0000