NOT LISTED FOR SALE

12440 Highway 601 Midland, NC 28107

Estimated Value: $348,000 - $524,000

3 Beds
2 Baths
1,800 Sq Ft
$256/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $461,000 $256 Per Sq Ft

Current estimated payment $2,756/month

190 Days on Market

Highlights

  • 1.84 Acre Lot
  • Wooded Lot
  • Wood Flooring
  • Bethel Elementary School Rated 9+
  • Ranch Style House
  • No HOA

About This Home

As of August 2023

Conveniently located in Midland, NC less than 1/2 mile from the intersection of Hwy 601/24/27(Albemarle Road) on almost 2 acres. Full brick 3 bedrooms,2 baths, open spacious kitchen with island/breakfast area. Large sunroom on back of house to enjoy the private peaceful backyard. Updates include new kitchen with island, quartz countertops, new stove, hood, sink, cabinets, dishwasher and refrigerator. Refinished hardwoods throughout the house. New roof mid 2022. Formal dining room could be a home office or flex space. Zoned both residential and commercial by the City of Midland subject to the Town zoning uses regulations. Solid detached wired workshop in back needs work has a garage door, walk-out door. Convenient drive to I485, Charlotte, Concord, Monroe. POSSIBLE OWNER FINANCING at 5% interest rate. Call agent for details!

Last Agent to Sell the Property

Debra Price

Debra Lynn Price License #138826 Listed on: 01/14/2023

Last Buyer's Agent

Frida Maria Creech

NorthGroup Real Estate LLC License #270487

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,703

Year Built

  • Built in 1960

Lot Details

  • 1.84 Acre Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned C 601

Parking

  • 1 Car Attached Garage
  • 4 Open Parking Spaces

Home Design

  • Ranch Style House
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1,800 Sq Ft Home
  • Ceiling Fan
  • Screened Porch
  • Wood Flooring
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Separate Outdoor Workshop

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5554-17-1818-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,703

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1960
  • Restrictions: Use
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 256.11
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Kitchen Island, Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1800
  • 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: 0
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Oven, Refrigerator
  • Above Grade Finished Sq Ft: 1800
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1800
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Other Structures: Workshop
  • Patio And Porch Features: Front Porch, Rear Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 200
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Attached Garage, Parking Space(s)

Utilities

  • Heating: Heat Pump
  • Sewer: County Sewer
  • Laundry Features: Electric Dryer Hookup, Main Level
  • Cooling: Ceiling Fan(s), Central Air, Heat Pump
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 1.84
  • Lot Size Units: Acres
  • Parcel Number: 5554-17-1818-0000
  • Lot Size Acres: 1.84
  • Lot Size Sq Ft: 80150
  • ResoLotSizeUnits: Acres
  • Zoning Specification: C 601

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2023
Closed on
Aug 7, 2023
Sold by
Macs Property Two Llc
Bought by
Alans Concrete Services Llc
Seller's Agent
Debra Price
Debra Lynn Price
Buyer's Agent
Frida Maria Creech
NorthGroup Real Estate LLC
List Price
$575,000
Sold Price
$461,000
Premium/Discount to List
-$114,000
-19.83%
Views
702
Current Estimated Value
$461,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466
Avg. Annual Appreciation
0.05%
Original Mortgage
$321,000
Outstanding Balance
$200,151
Interest Rate
6.71%
Mortgage Type
Seller Take Back
Estimated Equity
$261,315

Purchase Details

Closed on
Aug 23, 2019
Sold by
Macaron Malek and Macaron Maya C
Bought by
Macs Property Two Llc

Purchase Details

Closed on
May 28, 2019
Sold by
Foard Jane Efird and Foard Gary
Bought by
Mccaron Malek and Mccaron Maya C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.1%
Mortgage Type
New Conventional
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
Alans Concrete Services Llc $461,000 None Listed On Document
Macs Property Two Llc -- None Available
Mccaron Malek $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alans Concrete Services Llc $321,000
Previous Owner Mccaron Malek $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $461,000 -0.9% $256 / Sq Ft
07/13/2023 07/13/23 Price Changed $465,000 -19.1% $258 / Sq Ft
06/01/2023 06/01/23 Price Changed $575,000 +15.0% $319 / Sq Ft
04/27/2023 04/27/23 Price Changed $499,900 -9.1% $278 / Sq Ft
03/22/2023 03/22/23 Price Changed $550,000 -4.3% $306 / Sq Ft
01/14/2023 01/14/23 For Sale $575,000 -- $319 / 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
2025 $3,703 $477,210 $221,980 $255,230
2024 $3,703 $477,210 $221,980 $255,230
2023 $1,995 $207,840 $162,900 $44,940
2022 $1,995 $207,840 $162,900 $44,940
2021 $1,995 $207,840 $162,900 $44,940
2020 $1,995 $207,840 $162,900 $44,940
2019 $2,101 $218,850 $152,490 $66,360
2018 $2,013 $218,850 $152,490 $66,360
2017 $1,970 $218,850 $152,490 $66,360
2016 $1,970 $202,420 $138,000 $64,420
2015 $1,822 $202,420 $138,000 $64,420
2014 $1,822 $202,420 $138,000 $64,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3931927

Canopy MLS (Canopy Realtor® Association)

APN: 5554-17-1818-0000