NOT LISTED FOR SALE

313 Settlement Dr Midland, NC 28107

Estimated Value: $395,000 - $521,000

3 Beds
2 Baths
1,897 Sq Ft
$230/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $395,000 $208 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,502/month

52 Days on Market

Highlights

  • Circular Driveway
  • 1 Car Detached Garage
  • Laundry Room
  • Bethel Elementary School Rated 9+
  • Fireplace
  • 1-Story Property

About This Home

As of August 2024

>> Seller is Offering a $2,500. Concession to Pay Down Buyer's Interest Rate<<
Nestled in a tranquil rural Carolina community, this charming home offers the perfect blend of modern comfort with rustic charm, privacy, and convenience. Enjoy the peace and serenity of country living, a short drive from essential amenities.

Step into an inviting open floor plan, accentuated by vaulted ceilings, creating a sense of spaciousness and elegance. The updated kitchen boasts granite countertops and a stylish tile backsplash, inspirational for cooking and entertaining.

Check out the stunning family room with cathedral ceilings with its wood beams, offering a cozy yet grand atmosphere. The master bedroom is a true retreat, with a double wall closet and an additional walk-in closet.

Outside, the private backyard is perfect for enjoying Carolina evenings by the firepit. The expansive yard also includes a circular driveway, a detached and expanded one-car garage with plenty of workspace.

Last Agent to Sell the Property

Richard Anderson

Keller Williams Unified Brokerage Email: richard.anderson@roostre.com License #309638 Listed on: 05/29/2024

Keller Williams Unified

Last Buyer's Agent

Diane Maness

Divine Real Estate Boutique, LLC License #292683

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 0.71

Parking

  • 1 Car Detached Garage
  • Circular Driveway

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,897 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Olde Camden Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5534-14-7807-0000

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1976
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 208.22
  • Geocode Confidence: High
  • Attribution Contact: richard.anderson@roostre.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1897
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Plumbed For Ice Maker
  • Above Grade Finished Sq Ft: 1897
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1897
  • Bedroom Main: 3

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Circular Driveway, Driveway, Detached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Main Level
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: C.C. Griffin
  • HOA Subject To: None

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5534-14-7807-0000
  • Zoning: SFR
  • ResoLotSizeUnits: Acres
  • Zoning Specification: SFR

MLS Schools

  • Elementary School: Bethel Cabarrus
  • High School: Central Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Aug 30, 2024
Sold by
Swett Brandon R and Swett Kelsey L
Bought by
Marolf Michael Scott and Marolf Michele
Seller's Agent
Richard Anderson
Keller Williams Unified
Buyer's Agent
Diane Maness
Divine Real Estate Boutique, LLC
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
Views
211
Current Estimated Value
$435,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,447
Avg. Annual Appreciation
7.61%
Original Mortgage
$387,845
Outstanding Balance
$383,727
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$51,720

Purchase Details

Listed on
Feb 28, 2017
Closed on
May 26, 2017
Sold by
Ross Pittman Asset Group Llc
Bought by
Spellman Sean R and Spellman Erica N
Seller's Agent
Kristin Kidwell
LLLUMI Properties
Buyer's Agent
John Martin
Southern Homes of the Carolinas, Inc
List Price
$219,900
Sold Price
$195,000
Premium/Discount to List
-$24,900
-11.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$191,468
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 2016
Sold by
Guggenbiller William L and Guggenbiller Diane T
Bought by
Ross Pittman Asset Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,500
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1979
Bought by
Guggenbiller William
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marolf Michael Scott $395,000 Investors Title
Spellman Sean R $195,000 None Available
Ross Pittman Asset Group Llc $50,000 None Available
Guggenbiller William $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marolf Michael Scott $387,845
Previous Owner Spellman Sean R $191,468
Previous Owner Ross Pittman Asset Group Llc $102,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $395,000 -1.0% $208 / Sq Ft
07/11/2024 07/11/24 Price Changed $399,000 -0.3% $210 / Sq Ft
05/29/2024 05/29/24 For Sale $400,000 +16.6% $211 / Sq Ft
04/29/2022 04/29/22 Sold $343,000 +7.2% $179 / Sq Ft View Prior Sale
03/25/2022 03/25/22 For Sale $320,000 +64.1% $167 / Sq Ft
05/26/2017 05/26/17 Sold $195,000 -11.3% $102 / Sq Ft View Prior Sale
04/08/2017 04/08/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $219,900 -- $115 / 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 $2,731 $351,880 $62,000 $289,880
2024 $2,516 $324,180 $62,000 $262,180
2023 $2,000 $208,320 $30,000 $178,320
2022 $2,000 $208,320 $30,000 $178,320
2021 $2,000 $208,320 $30,000 $178,320
2020 $2,000 $208,320 $30,000 $178,320
2019 $1,790 $186,490 $27,000 $159,490
2018 $1,716 $186,490 $27,000 $159,490
2017 $1,389 $154,330 $27,000 $127,330
2016 $1,389 $121,850 $27,000 $94,850
2015 $1,097 $121,850 $27,000 $94,850
2014 $1,097 $121,850 $27,000 $94,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4137324

Canopy MLS (Canopy Realtor® Association)

APN: 5534-14-7807-0000