NOT LISTED FOR SALE

3215 Drake Rd Midland, NC 28107

Estimated Value: $269,000 - $377,000

7.73 Acres
$43,008 Price per Acre
336,719 Sq Ft Lot

Last Sold June 04, 2019

Last sale price $98,000 $32 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $1,930/month

194 Days on Market

Highlights

  • 7.73 Acre Lot
  • Private Lot
  • No HOA
  • Bethel Elementary School Rated 9+
  • Wooded Lot
  • Shed

About This Lot

As of June 2019

Beautiful gently sloping wooded property allows great privacy and many possibilities! Great land to make a fabulous home site, hunting land, or subdivide for multiple home builder lots
No buildings will be on land for sale, county will not allow separating residential structure from detached structures

Perc test has been approved for 3600 sqft 3 bedroom house

Just off Highway 601, convenient to Monroe, Charlotte, and Concord.

Last Agent to Sell the Property

Keith Rhodes

Journey Real Estate LLC Brokerage Email: keithr@dwrealtyteam.com License #300409 Listed on: 09/04/2018

Last Buyer's Agent

Keith Rhodes

Journey Real Estate LLC Brokerage Email: keithr@dwrealtyteam.com License #300409 Listed on: 09/04/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,280

Lot Details

  • 7.73 Acre Lot
  • Private Lot
  • Wooded Lot
  • Possible uses of the property include Other - See Remarks, Private Estate, Residential, Subdevelopment, Timber
  • Property is zoned CR

Listing and Financial Details

  • Assessor Parcel Number 5543-64-4309-0000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$2,280

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Acreage
  • Habitable Residence Yn: No
  • Restrictions: Manufactured Home Allowed,Modular Allowed
  • Special Assessment Yn: 0
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: keithr@dwrealtyteam.com
  • Special Features: None

Interior Features

  • Foundation Details: None
  • Possible Use: Other - See Remarks, Private Estate, Residential, Subdevelopment, Timber

Exterior Features

  • Road Frontage: 100
  • Waterfront Features: None
  • Other Structures: Shed(s), Other - See Remarks

Utilities

  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Community Features: None
  • Hoa Subject To Dues: No
  • Association: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Private, Wooded
  • Lot Size Units: Acres
  • Parcel Number: 5543-64-4309-0000
  • Zoning: CR
  • Cleared Acres: 1.00
  • Lot Size Acres: 7.73
  • Lot Size Sq Ft: 336718
  • Wooded Area: 7
  • ResoLotSizeUnits: Acres
  • Zoning Specification: CR

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2019
Sold by
Trull Fred E and Trull Jill Drake
Bought by
Clovis Casey Tyler and Clovis Jennifer Nicole
Current Estimated Value
$332,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,227
Outstanding Balance
$98,829
Interest Rate
3.65%
Mortgage Type
Stand Alone Second
Estimated Equity
$233,625

Purchase Details

Closed on
Feb 25, 2008
Sold by
Drake Loma A and Drake Jerry M
Bought by
Drake Jerry M and Trull Fred E

Purchase Details

Closed on
Jan 25, 2007
Sold by
Drake Lorna A and Drake Jerry M
Bought by
Drake Lorna A and Drake Jerry M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,800
Interest Rate
8.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Clovis Casey Tyler $175,000 None Available
Drake Jerry M -- None Available
Drake Lorna A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clovis Casey Tyler $112,227
Previous Owner Drake Lorna A $149,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2019 06/04/19 Sold $98,000 -14.8% $32 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
02/19/2019 02/19/19 For Sale $115,000 0.0% $38 / Sq Ft
11/10/2018 11/10/18 Pending -- -- --
09/04/2018 09/04/18 For Sale $115,000 -- $38 / 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 $2,280 $337,230 $68,240 $268,990
2024 $2,280 $337,230 $68,240 $268,990
2023 $1,466 $174,480 $37,710 $136,770
2022 $1,466 $174,480 $37,710 $136,770
2021 $1,397 $174,480 $37,710 $136,770
2020 $1,397 $166,290 $37,710 $128,580
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Keith Rhodes

    Journey Real Estate LLC

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3431031

Canopy MLS (Canopy Realtor® Association)

APN: 5543-64-4309-0000

North Carolina Cabarrus County Midland 28107

3215 Drake Rd, Midland, NC

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