NOT LISTED FOR SALE

1640 Midland Rd Southern Pines, NC 28387

Estimated Value: $923,000

4.56 Acres
$202,412 Price per Acre
198,634 Sq Ft Lot

Last Sold March 08, 2022

Last sale price $500,000

Est. 85% increase in value since last sale

Current estimated payment $4,842/month

7 Days on Market

Highlights

  • 4.56 Acre Lot
  • Wooded Lot
  • No HOA
  • Pinecrest High School Rated A-

About This Lot

As of March 2022

This 4.56 acre wooded lot fronts Midland Road at Street address 1640. The front acreage was previously a homesite, but the house has been removed. The lot is heavily wooded and extends along the property line of the estate homes in Pinefield. There are survey markers along that line and on the Midland Road corners.

Last Agent to Sell the Property

Maureen Clark

Pines Sotheby's International Realty License #176707 Listed on: 01/11/2022

Pines Sotheby's International Realty

Last Buyer's Agent

Nikki Bowman

Realty World Properties of the Pines License #244650

Realty World Properties of the Pines

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,278

Lot Details

  • 4.56 Acre Lot
  • Wooded Lot
  • Property is zoned RS-3

Schools

  • Southern Pines Elementary School
  • Crain's Creek Middle School
  • Pinecrest High School

Community Details

  • No Home Owners Association
  • Southern Pines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00033125

Property Details

Property Type

Land

Est. Annual Taxes

$1,278

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Wooded
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 200

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Moore County Schools

Lot Info

  • Deed Book: 3615
  • Deed Page: 535.00
  • Lot Description: Development, Wooded
  • Lot Sq Ft: 198634.00
  • Lot Water Features: None
  • Plat Book: 2
  • Plat Page: 1
  • Zoning: RS-3
  • Acres: 4.56
  • Current Use: Development
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 109649.12
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded

Tax Info

  • Tax Identifier: 00033125
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 1278.00

MLS Schools

  • Elementary School: Southern Pines
  • High School: Pinecrest High
  • Middle School: Crain's Creek
  • School District: Moore County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2022
Sold by
Fac Holdings Llc
Bought by
Five Star Holdings Llc
Current Estimated Value
$923,000

Purchase Details

Listed on
Jan 11, 2022
Closed on
Mar 3, 2022
Sold by
Sweeny Maureen A and Sweeny Paul T
Bought by
Fac Holdings Llc
Seller's Agent
Maureen Clark
Pines Sotheby's International Realty
Buyer's Agent
Nikki Bowman
Realty World Properties of the Pines
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.29%

Purchase Details

Closed on
Aug 6, 2009
Sold by
Throneburg David and Martin Anne E
Bought by
Sweeny Paul T and Sweeny Maureen A

Purchase Details

Closed on
Feb 12, 2003
Sold by
Throneburg David
Bought by
Sweeny Paul T and Sweeny Maureen A
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
Five Star Holdings Llc -- Sandhills Law Group
Fac Holdings Llc $500,000 Clarke Phifer Vaughn Brenner &
Sweeny Paul T $300,000 None Available
Sweeny Paul T $200,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2022 03/08/22 Sold $500,000 0.0% --
01/18/2022 01/18/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $500,000 -- --
Source: Hive MLS

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 $7 $317,590 $317,590 $0
2023 $7 $317,590 $317,590 $0
2022 $1,206 $191,350 $191,350 $0
2021 $1,253 $191,350 $191,350 $0
2020 $1,234 $191,350 $191,350 $0
2019 $1,234 $191,350 $191,350 $0
2018 $994 $165,730 $165,730 $0
2017 $970 $165,730 $165,730 $0
2015 $936 $165,730 $165,730 $0
2014 $531 $92,500 $92,500 $0
2013 -- $92,500 $92,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100307879

Hive MLS

APN: 8572-11-66-4996