15554 Highway 601 Midland, NC 28107
Estimated Value: $823,849 - $1,195,000
3
Beds
3
Baths
2,704
Sq Ft
$372/Sq Ft
Est. Value
About This Home
This home is located at 15554 Highway 601, Midland, NC 28107 and is currently estimated at $1,006,712, approximately $372 per square foot. 15554 Highway 601 is a home located in Cabarrus County with nearby schools including Bethel Elementary School, C.C. Griffin Middle School, and Central Cabarrus High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 9, 2025
Sold by
Yang Lee and Yang Ka
Bought by
Reddy Mali Praveen and Sravya Julakanti Sravya
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$420,564
Interest Rate
5.92%
Mortgage Type
New Conventional
Estimated Equity
$586,148
Purchase Details
Closed on
Jul 12, 2021
Sold by
Sanders Gregory A and Sanders Jacqueline S
Bought by
Lee Chase and Lee Ka Yang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 12, 2012
Sold by
Norkett Brenda S
Bought by
Sanders Gregory A and Sanders Jacqueline S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.06%
Mortgage Type
VA
Purchase Details
Closed on
Jan 18, 2001
Sold by
Love Danny A and Whitley Rhonda
Bought by
Norkett Bobby A and Norkett Brenda S
Purchase Details
Closed on
Jul 1, 1988
Purchase Details
Closed on
Mar 1, 1986
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Reddy Mali Praveen | $900,000 | Executive Title | |
| Reddy Mali Praveen | $900,000 | Executive Title | |
| Lee Chase | $1,100,000 | None Available | |
| Sanders Gregory A | $280,000 | None Available | |
| Norkett Bobby A | $345,000 | -- | |
| -- | $23,500 | -- | |
| -- | $8,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reddy Mali Praveen | $425,000 | |
| Closed | Reddy Mali Praveen | $425,000 | |
| Previous Owner | Lee Chase | $990,000 | |
| Previous Owner | Sanders Gregory A | $280,000 |
Source: Public Records
Tax History Compared to Growth
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 | $4,235 | $626,540 | $116,530 | $510,010 |
| 2024 | $4,235 | $626,540 | $116,530 | $510,010 |
| 2023 | $3,543 | $421,800 | $58,270 | $363,530 |
| 2022 | $3,543 | $421,860 | $58,330 | $363,530 |
| 2021 | $3,544 | $421,860 | $58,330 | $363,530 |
| 2020 | $2,975 | $354,170 | $58,330 | $295,840 |
| 2019 | $2,987 | $355,540 | $64,470 | $291,070 |
| 2018 | $2,844 | $355,540 | $64,470 | $291,070 |
| 2017 | $3,268 | $418,980 | $64,470 | $354,510 |
| 2016 | -- | $321,600 | $79,820 | $241,780 |
| 2015 | $2,259 | $321,600 | $79,820 | $241,780 |
| 2014 | $2,259 | $321,600 | $79,820 | $241,780 |
Source: Public Records
Map
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