3548 Drake Rd Midland, NC 28107
Estimated Value: $260,000 - $546,000
3
Beds
2
Baths
1,924
Sq Ft
$203/Sq Ft
Est. Value
About This Home
This home is located at 3548 Drake Rd, Midland, NC 28107 and is currently estimated at $391,000, approximately $203 per square foot. 3548 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
Mar 14, 2011
Sold by
Cmh Homes Inc
Bought by
Turner Dale K and Turner Jodi
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,621
Outstanding Balance
$110,206
Interest Rate
4.76%
Mortgage Type
New Conventional
Estimated Equity
$280,794
Purchase Details
Closed on
Mar 4, 2011
Sold by
Farmer Lon Kyle and Farmer Colleen Ellett
Bought by
Cmh Homes Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,621
Outstanding Balance
$110,206
Interest Rate
4.76%
Mortgage Type
New Conventional
Estimated Equity
$280,794
Purchase Details
Closed on
Dec 12, 2008
Sold by
Drake Road Farm Llc
Bought by
Oa Properties Llc
Purchase Details
Closed on
Aug 22, 2007
Sold by
Farmer Lon Kyle and Farmer Colleen Ellett
Bought by
Drake Road Farm Llc
Purchase Details
Closed on
Dec 2, 2004
Sold by
Kiser Calvin R and Kiser Valerie H
Bought by
Kiser Calvin R and Kiser Valerie H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Oct 22, 2004
Sold by
Farmer Lon Kyle and Farmer Colleen Ellett
Bought by
Farmer Lon Kyle and Farmer Colleen Ellett
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Feb 1, 1993
Bought by
Pavlakos Fotios and Pavlakos Wife
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Turner Dale K | $155,000 | None Available | |
| Cmh Homes Inc | $35,000 | None Available | |
| Oa Properties Llc | -- | None Available | |
| Drake Road Farm Llc | $3,500 | None Available | |
| Kiser Calvin R | -- | Chicago Title Insurance Comp | |
| Farmer Lon Kyle | -- | Chicago Title Insurance Comp | |
| Pavlakos Fotios | $83,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Turner Dale K | $160,621 | |
| Previous Owner | Farmer Lon Kyle | $160,000 |
Source: Public Records
Tax History Compared to Growth
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 | $1,134 | $310,700 | $63,540 | $247,160 |
| 2024 | $1,134 | $310,700 | $63,540 | $247,160 |
| 2023 | $1,554 | $185,040 | $35,110 | $149,930 |
| 2022 | $1,554 | $185,040 | $35,110 | $149,930 |
| 2021 | $1,554 | $185,040 | $35,110 | $149,930 |
| 2020 | $1,554 | $185,040 | $35,110 | $149,930 |
| 2019 | $1,389 | $165,320 | $40,130 | $125,190 |
| 2018 | $1,323 | $165,320 | $40,130 | $125,190 |
| 2017 | $1,290 | $165,320 | $40,130 | $125,190 |
| 2016 | $1,290 | $157,760 | $40,130 | $117,630 |
| 2015 | -- | $157,760 | $40,130 | $117,630 |
| 2014 | -- | $157,760 | $40,130 | $117,630 |
Source: Public Records
Map
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