NOT LISTED FOR SALE

12863 Mustang Dr Midland, NC 28107

Estimated Value: $396,000 - $462,000

4 Beds
3.5 Baths
2,628 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 30, 2019

Last sale price $250,000 $95 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,588/month

26 Days on Market

Highlights

  • Open Floorplan
  • Attached Garage
  • Kitchen Island
  • Wood Flooring
  • Walk-In Closet
  • Storm Doors

About This Home

As of July 2019

Welcome home! This charming 4 bedroom home with rocking chair porch has great curb appeal. Once inside,the foyer will lead you to the dining room with arched doorways that flow to the butlers pantry. Open floorplan- the beautiful eat- in kitchen features a stunning granite island, hardwood floors, lots of cabinets and upgraded lighting. The spacious family room is open to the kitchen and is perfect for your movie night! First floor also features a Owners suite with en suite bathroom that features granite, owner height dual sinks, tile floor and walk in shower. Upstairs you will find the large Spacious secondary room plus a huge LOFT that is perfect as a playroom or a media room- you decide! Upgraded lighting fixtures and whole house air filtration-Located in a quiet community, this house backs up to common space and is in walking distance to Rob Wallace Park! Check this gem out today!

Last Agent to Sell the Property

Brigitte Perry

Southern Homes of the Carolinas, Inc License #281270 Listed on: 05/23/2019

Last Buyer's Agent

Jenn Davis

Real Broker, LLC License #299578

Real Broker, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2014

Lot Details

  • Level Lot

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Storm Doors

Kitchen

  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Community Details

  • Superior Association, Phone Number (704) 875-7299

Listing and Financial Details

  • Assessor Parcel Number 5544-86-9200-0000

Home Details

Home Type

Single Family

Year Built

Built in 2014

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.96154
  • Ratio Close Price By Original Li: 0.96154
  • Ratio Current Price By Acre: 1470588.24
  • Ratio Current Price By Sq Ft: 95.13
  • Year Built: 2014
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1026
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Doors and Windows: Storm Door(s)
  • Equipment: Dishwasher, Disposal, Oven
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-875-7299
  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1602
  • Total Sq Ft: 2628

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car

Utilities

  • Heating: Central Air, Heat Pump - Heat, Multizone A/C
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 135.00
  • Association Fee Frequency: Semi-Annually
  • HOA Management Company: Superior
  • Hoa Subject To Dues: Mandatory

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.170
  • Parcel Number: 5544-86-9200-0000
  • Plat Reference Section Pages: 95
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 203510.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Jul 30, 2019
Sold by
Smith Aaron and Hanna Sara Ellen Jeanette
Bought by
Iles Jason Ronald and Iles Amy Michelle
Seller's Agent
Brigitte Perry
Southern Homes of the Carolinas, Inc
Buyer's Agent
Jenn Davis
Real Broker, LLC
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%
Current Estimated Value
$424,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,968
Avg. Annual Appreciation
8.87%
Original Mortgage
$252,525
Outstanding Balance
$224,055
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$194,661

Purchase Details

Closed on
Jun 23, 2014
Sold by
True Homes Llc
Bought by
Smith Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,190
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2014
Sold by
B & C Land Holdings Llc
Bought by
True Homes Llc
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
Iles Jason Ronald $250,000 None Available
Smith Aaron $198,000 None Available
True Homes Llc $30,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iles Jason Ronald $74,717
Open Iles Jason Ronald $252,525
Previous Owner Smith Aaron $138,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2019 07/30/19 Sold $250,000 -3.8% $95 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $260,000 -- $99 / 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 $2,989 $385,160 $70,000 $315,160
2023 $2,407 $250,730 $42,500 $208,230
2022 $2,407 $250,730 $42,500 $208,230
2021 $2,407 $250,730 $42,500 $208,230
2020 $2,407 $250,730 $42,500 $208,230
2019 $1,954 $203,510 $30,000 $173,510
2018 $1,872 $203,510 $30,000 $173,510
2017 $1,832 $203,510 $30,000 $173,510
2016 $1,832 $165,500 $20,000 $145,500
2015 -- $20,000 $20,000 $0
2014 -- $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3505381

Canopy MLS (Canopy Realtor® Association)

APN: 5544-86-9200-0000