NOT LISTED FOR SALE

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
$391,000

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
Source: Public Records

Range of Values:

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

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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
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

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 $1,134 $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

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