$120,000
SOLD DEC 12, 2019

12467 Ritchie Rd Midland, NC 28107

12 Acres
$9,901 Price per Acre
527,947 Sq Ft Lot

Recently Sold

27% Below List Price

230 Days on Market

About This Lot

As of December 2019

Private & serene 12.12 acre tract of land in Midland with County taxes only. It is unencumbered by any HOA Restrictions or fees. There is a recorded Road Maintenance Agreement: Vacant land lots contribute $75/yr; lots with homes are $150/yr...this is for the private road upkeep. Owner indicates a successful perk for a 3BR conventional septic performed +/- 10 yrs ago. If you are a hunting enthusiast, here's your piece of heaven with all sorts of "critters". Access to I-485 (Hwy 24/27) is about 4 miles West. You can be in Charlotte, Mint Hill, Matthews, or Concord in minutes. Also easy commutes to the Stanly County lakes and Monroe. Come build your dream home here now!

Last Agent to Sell the Property

Kimberly Gandy

Call It Closed International Inc License #228992 Listed on: 01/16/2019

Last Buyer's Agent

Richard Price

R.W Price Realty LLC License #80808

Property Details

Property Type

  • Land

Utilities

  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 5534-37-4093-0000

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: 0.92308
  • Ratio Close Price By Original Li: 0.72727
  • Ratio Current Price By Acre: 9900.99
  • Restrictions Description: See Notes - Agents Remarks
  • Special Features: None

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Schools

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

Lot Info

  • Lot Dimension: 840x496x714x692
  • Lot Size Area: 12.120
  • Parcel Number: 5534-37-4093-0000
  • Zoning Specification: CR

Tax Info

  • Tax Value: 131330.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2022
Sold by
Courter William Wesley and Courter Edith E
Bought by
Courter William Wesley and Courter Edith E

Purchase Details

Listed on
Jan 16, 2019
Closed on
Dec 9, 2019
Sold by
Jones Howard Lee and Jones Mildred Marie
Bought by
Courter William Wesley
Seller's Agent
Kimberly Gandy
Call It Closed International Inc
Buyer's Agent
Richard Price
R.W Price Realty LLC
List Price
$165,000
Sold Price
$120,000
Premium/Discount to List
-$45,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.82%

Purchase Details

Closed on
Nov 4, 2010
Sold by
Fox Michael and Fox Kathleen K
Bought by
Jones Howard Lee and Jones Mildred Marie

Purchase Details

Closed on
Aug 15, 2008
Sold by
Jones Howard Lee and Jones Mildred Marie
Bought by
Fox Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
6.31%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 13, 2006
Sold by
Jones Howard Lee and Jones Mildred Marie
Bought by
Jones Howard Lee and Jones Mildred Marie
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $120,000 None Available
Special Warranty Deed $145,000 None Available
Warranty Deed $175,000 None Available
Interfamily Deed Transfer -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $440,000 Future Advance Clause Open End Mortgage
Previous Owner $147,500 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Sale $1,267,000 +955.8% $342 / Sq Ft
12/12/2019 12/12/19 Sold $120,000 -7.7% --
09/03/2019 09/03/19 Pending -- -- --
08/19/2019 08/19/19 Price Changed $130,000 -7.1% --
06/13/2019 06/13/19 Price Changed $140,000 -15.2% --
01/16/2019 01/16/19 For Sale $165,000 -- --
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
2024 $5,388 $797,110 $237,650 $559,460
2023 $4,641 $552,530 $118,820 $433,710
2022 $4,589 $546,310 $118,820 $427,490
2021 $998 $546,310 $118,820 $427,490
2020 $998 $118,820 $118,820 $0
2019 $1,103 $131,330 $131,330 $0
2018 $1,051 $131,330 $131,330 $0
2017 $1,024 $131,330 $131,330 $0
2016 $1,024 $162,600 $162,600 $0
2015 $1,242 $162,600 $162,600 $0
2014 $1,242 $162,600 $162,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3465983

Canopy MLS (Canopy Realtor® Association)

APN: 5534-37-4093-0000