NOT LISTED FOR SALE

3650 Libby Ln Midland, NC 28107

Estimated Value: $346,000 - $543,000

3 Beds
2 Baths
1,809 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $292,000 $161 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,548/month

Highlights

  • Open Floorplan
  • Private Lot
  • Wood Flooring
  • Bethel Elementary School Rated 9+
  • Wooded Lot
  • Walk-In Pantry

About This Home

As of May 2020

Rare and rustic 3 bedroom, 2 bathroom home nestled on 1.29 acres in rural Cabarrus County. This 1 story with basement and full 2 car garage is full of rustic touches including a wood burning fireplace, maple hardwood floors and natural wood throughout the home. You will be welcomed with a very warm and generous front porch. The entryway opens up to the living room, and spectacular open kitchen. Welcoming and spacious master suite and master bath features two separate vanities, jacuzzi tub, stand up shower and walk-in custom closet. The large covered screened in back porch is an outdoor lover's dream. There is an abundance of opportunity to customize the outdoor living area. Great Cabarrus county schools and convenient to 485. Plenty of room to store a boat, camper or RV. Retreat from the busy city to this country getaway. Don't miss out on this opportunity! This quiet and peaceful piece of paradise is move in ready.

Last Agent to Sell the Property

Megan Warrick

Carolina Homes Connection, LLC License #288168 Listed on: 05/02/2020

Last Buyer's Agent

Nick Cabaniss

Carolina Realty & Investing Group LLC License #255161

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Private Lot
  • Wooded Lot
  • Many Trees

Parking

  • Gravel Driveway

Home Design

  • Rustic Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Open Floorplan
  • Wood Burning Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic
  • Storm Doors

Kitchen

  • Walk-In Pantry
  • Oven
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5543-70-7286-0000

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Rustic
  • Ratio Close Price By List Price: 1.02456
  • Ratio Close Price By Original Li: 1.02456
  • Ratio Current Price By Acre: 226356.59
  • Ratio Current Price By Sq Ft: 161.42
  • Year Built: 2004
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, Electric Dryer Hookup, Electric Oven, Ice Maker Connection, Microwave, Oven, Refrigerator, Security System, Surround Sound
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Basement
  • Room Count: 2
  • Main Level Sq Ft: 1809
  • Total Sq Ft: 1809
  • Sq Ft Unheated Basement: 921
  • Sq Ft Unheated Main: 681
  • Sq Ft Unheated Total: 1602

Exterior Features

  • Construction: Stone, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Gravel
  • Parking: Carport - 1 Car, Garage - 2 Car, Parking Space - 4+, Side Load Garage

Utilities

  • Heating: Central Air, Gas Hot Air Furnace, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Gas

Lot Info

  • Lot Features: Private, Trees, Wooded
  • Parcel Number: 5543-70-7286-0000
  • Zoning Specification: CR

Tax Info

  • Tax Value: 208160.00
  • Tax Location: Midland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2020
Closed on
May 22, 2020
Sold by
Borchardt Scott Allan
Bought by
Nester Jared J and Nester Amy W
Seller's Agent
Megan Warrick
Carolina Homes Connection, LLC
Buyer's Agent
Nick Cabaniss
Carolina Realty & Investing Group LLC
List Price
$285,000
Sold Price
$292,000
Premium/Discount to List
$7,000
2.46%
Current Estimated Value
$448,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,544
Avg. Annual Appreciation
8.21%
Original Mortgage
$286,711
Outstanding Balance
$254,066
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$194,478

Purchase Details

Closed on
Mar 23, 2011
Sold by
Wilson Joseph E and Wilson Natalie B
Bought by
Borchardt Alisha Jones and Borchardt Scott Allan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,828
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 1, 2003
Sold by
Tolson Joan K and Bart Tolson J
Bought by
Williams Macel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,900
Interest Rate
5.3%
Mortgage Type
Construction

Purchase Details

Closed on
May 1, 2003
Sold by
Tolson Joan E and Bart Tolson J
Bought by
Wilson Joseph E and Hucks Natalie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,600
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Nester Jared J $292,000 None Available
Borchardt Alisha Jones $204,000 None Available
Williams Macel $28,000 --
Wilson Joseph E $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nester Jared J $286,711
Previous Owner Borchardt Alisha Jones $198,828
Previous Owner Williams Macel $130,900
Previous Owner Wilson Joseph E $19,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2020 05/22/20 Sold $292,000 +2.5% $161 / Sq Ft
05/02/2020 05/02/20 For Sale $285,000 -- $158 / Sq Ft
05/02/2020 05/02/20 Pending -- -- --
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 $2,401 $355,190 $44,980 $310,210
2024 $2,401 $355,190 $44,980 $310,210
2023 $2,134 $254,040 $24,860 $229,180
2022 $2,134 $254,040 $24,860 $229,180
2021 $2,134 $254,040 $24,860 $229,180
2020 $1,790 $213,100 $24,860 $188,240
2019 $1,749 $208,160 $28,410 $179,750
2018 $1,665 $208,160 $28,410 $179,750
2017 $1,624 $208,160 $28,410 $179,750
2016 $1,624 $195,800 $28,410 $167,390
2015 $1,496 $195,800 $28,410 $167,390
2014 $1,496 $195,800 $28,410 $167,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3615569

Canopy MLS (Canopy Realtor® Association)

APN: 5543-70-7286-0000