NOT LISTED FOR SALE

3233 Drake Rd Midland, NC 28107

Estimated Value: $252,000

3 Beds
1 Bath
1,023 Sq Ft
$246/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $200,500 $196 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,571/month

Highlights

  • Ranch Style House
  • Bethel Elementary School Rated 9+
  • Wood Flooring

About This Home

As of May 2021

This adorable 3 bedroom 1 bath all brick home is ready for it's new owner. Conveniently located in Midland across from the Corning plant. Sitting on approximately .88ac, you will have plenty of privacy! Large deck off the back, Fenced back yard, and a 1-car carport. Tile floors in the kitchen, laminate wood in the living area, and beautiful original hardwoods in the bedrooms. New well pump 2020. Just minutes from downtown Midland, Concord, Charlotte. Do not miss your opportunity on this one--schedule your appointment ASAP!

Last Agent to Sell the Property

Liz Hallman

Lantern Realty & Development, LLC License #281082 Listed on: 03/12/2021

Lantern Realty & Development, LLC

Last Buyer's Agent

Yulia Gavrilov

JULIAMARCUS LLC License #245555

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 0.88

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Additional Features

  • Oven
  • 1 Full Bathroom
  • Crawl Space
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5543-63-3931-0000

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.08378
  • Ratio Close Price By Original Li: 1.08378
  • Ratio Current Price By Acre: 227840.91
  • Ratio Current Price By Sq Ft: 195.99
  • Year Built: 1970
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Dishwasher, Oven
  • Fixture Exception Description: Ring Security system
  • Fixture Exception Yn: Yes
  • Flooring: Laminate Wood, Tile, Vinyl, Wood
  • Room Count: 1
  • Main Level Sq Ft: 1023
  • Total Sq Ft: 1023

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car, Driveway

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Lot Info

  • Parcel Number: 5543-63-3931-0000
  • Zoning Specification: CR

Tax Info

  • Tax Value: 95260.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 29, 2021
Sold by
Trull Fred E and Trull Jill Drake
Bought by
Polkhovskii Yaroslav
Seller's Agent
Liz Hallman
Lantern Realty & Development, LLC
Buyer's Agent
Yulia Gavrilov
JULIAMARCUS LLC
List Price
$185,000
Sold Price
$200,500
Premium/Discount to List
$15,500
8.38%
Current Estimated Value
$252,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,500

Purchase Details

Closed on
Feb 28, 2020
Sold by
Trull Fred E and Trull Andrea D
Bought by
Lowry Justin and Lowry Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Polkhovskii Yaroslav $200,500 None Available
Lowry Justin $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lowry Justin $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $200,500 +8.4% $196 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $185,000 -- $181 / 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
2022 $1,043 $95,260 $16,540 $78,720
2021 $800 $95,260 $16,540 $78,720
2020 $800 $95,260 $16,540 $78,720
2019 $0 $70,220 $18,910 $51,310
2018 $548 $70,220 $18,910 $51,310
2017 $548 $70,220 $18,910 $51,310
2016 -- $68,270 $18,910 $49,360
2015 $251 $68,270 $18,910 $49,360
2014 $251 $68,270 $18,910 $49,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3715721

Canopy MLS (Canopy Realtor® Association)

APN: 5543-63-3931-0000