NOT LISTED FOR SALE

3275 Drake Rd Midland, NC 28107

Estimated Value: $221,000 - $290,000

3 Beds
1 Bath
1,296 Sq Ft
$198/Sq Ft Est. Value

About This Home

This home is located at 3275 Drake Rd, Midland, NC 28107 and is currently estimated at $257,202, approximately $198 per square foot. 3275 Drake Rd 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
Jul 17, 2019
Sold by
Drake Keith A and Drake Jennifer N
Bought by
Drake Patricia B
Current Estimated Value
$257,202

Purchase Details

Closed on
Aug 14, 2000
Sold by
Drake Ella Knight and Eudy Joy Drake
Bought by
Drake Keith A and Love Jennifer N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 1999
Sold by
Drake Ella Knight and Eudy Joy Drake
Bought by
Eudy Joy Drake

Purchase Details

Closed on
Jan 7, 1999
Sold by
Eudy Joy Drake and Eudy David E
Bought by
Drake Ella Knight

Purchase Details

Closed on
Jul 14, 1998
Sold by
Drake Ella Knight
Bought by
Eudy Joy Drake
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Drake Patricia B -- None Available
Drake Keith A $75,000 --
Eudy Joy Drake -- --
Drake Ella Knight -- --
Eudy Joy Drake -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Drake Keith A $60,000
Source: Public Records

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 $1,380 $204,160 $56,560 $147,600
2024 $1,380 $204,160 $56,560 $147,600
2023 $934 $111,160 $31,260 $79,900
2022 $899 $106,980 $27,080 $79,900
2021 $899 $106,980 $27,080 $79,900
2020 $899 $106,980 $27,080 $79,900
Source: Public Records

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