NOT LISTED FOR SALE

3940 Spring Dr Midland, NC 28107

Estimated Value: $762,000 - $983,000

4 Beds
4 Baths
3,081 Sq Ft
$294/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $975,000 $316 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,333/month

87 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Wood Flooring
  • Bethel Elementary School Rated 9+
  • Cathedral Ceiling
  • Corner Lot

About This Home

As of June 2024

The builder is offering a 2/1 Buy Down on the property!

Stunning custom estate on 2 acres, featuring exquisite molding, hardwoods, tile, carpet, 4 bedrooms and 4 full baths. Enjoy the spacious family room with a cozy gas fire fireplace, an open floor plan, and a large chef's kitchen with a generous dining area. The custom cabinetry and over sized island is perfect for entertaining. The primary suite boasts grandeur, complemented by a gorgeous en-suite with an oversized shower and soaking tub. Additional highlights include a sizable laundry, pantry, and office. Two bedrooms downstairs provide ample space, while the large covered back porch with a wood-burning fireplace is perfect for outdoor gatherings. Upstairs, a huge flex/bedroom awaits, complete with a private full bath. Revel in the charm of a front porch and the privacy of the expansive 2-acre lot with gorgeous landscaping.
Your dream home awaits!

Last Agent to Sell the Property

Debra Clontz

Debbie Clontz Real Estate LLC Brokerage Email: Debbie@debbieclontzteam.com License #287432 Listed on: 01/24/2024

Last Buyer's Agent

Brandi Tarlton

COMPASS License #266385

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,095

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Corner Lot
  • Property is zoned AG

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Wired For Data
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Propane Fireplace
  • Mud Room
  • Great Room with Fireplace
  • Crawl Space

Kitchen

  • Built-In Self-Cleaning Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Fireplace in Patio

Schools

  • Bethel Cabarrus Elementary School
  • C.C. Griffin Middle School
  • Central Cabarrus High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Propane
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5546-90-8149-0000

Community Details

Overview

  • Thayer Contracting Association, Phone Number (704) 305-7188
  • Built by Thayer Contracting Inc.
  • Rosewood Trail Subdivision
  • Mandatory home owners association

Recreation

  • Trails

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,095

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Restrictions: Subdivision
  • Special Assessment Yn: 1
  • Proposed Completion Date: 2024-03-20
  • Special Assessment Description: Capital Contribution
  • Proposed Special Assessment Desc: One time $500.00
  • Road Surface Type: Concrete, Paved
  • Unit Levels: 1 Story/F.R.O.G.
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 316.46
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: Debbie@debbieclontzteam.com
  • Special Features: 4098

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Drop Zone, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Storage, Tray Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2510
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 571
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Refrigerator, Self Cleaning Oven, Wall Oven
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 3081
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Great Room, Porch, Propane, Wood Burning
  • Living Area: 3081
  • Bedroom Main: 3
  • Room Count: 19
  • Sq Ft Other: 575
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Cedar Shake, Hardboard Siding
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 782
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Side, Keypad Entry

Utilities

  • Heating: Heat Pump, Propane
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Utilities: Cable Available, Electricity Connected, Propane
  • Water Source: County Water

Condo/Co-op/Association

  • Community Features: Walking Trails
  • Association Fee: 23.33
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Thayer Contracting
  • Phone: 704-305-7188
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 279.96

Schools

  • Middle Or Junior School: C.C. Griffin
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 2
  • Lot Size Units: Acres
  • Parcel Number: 5546-90-8149-0000
  • Zoning: AG
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: AG

Building Info

  • Builder Name: Thayer Contracting Inc.

MLS Schools

  • Elementary School: Bethel Cabarrus
  • High School: Central Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Jun 17, 2024
Sold by
Thayer Contracting Inc
Bought by
Mahoney Mark
Seller's Agent
Debra Clontz
Debbie Clontz Real Estate LLC
Buyer's Agent
Brandi Tarlton
COMPASS
List Price
$986,000
Sold Price
$975,000
Premium/Discount to List
-$11,000
-1.12%
Views
174
Current Estimated Value
$904,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,279
Avg. Annual Appreciation
-5.47%
Original Mortgage
$475,000
Outstanding Balance
$469,167
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$435,554

Purchase Details

Closed on
Sep 3, 2021
Sold by
Weller Michael C and Weller Lisa S
Bought by
Thayer Contracting Inc

Purchase Details

Closed on
Sep 19, 2019
Sold by
Thayer Contracting Inc
Bought by
Weller Michael C and Weller Lisa S
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
Mahoney Mark $975,000 None Listed On Document
Mahoney Mark $975,000 None Listed On Document
Thayer Contracting Inc $112,000 None Available
Weller Michael C $100,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahoney Mark $475,000
Closed Mahoney Mark $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2024 06/17/24 Sold $975,000 -1.1% $316 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $986,000 -- $320 / 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
2025 $6,095 $785,400 $100,000 $685,400
2024 $4,044 $521,140 $100,000 $421,140
2023 $876 $91,260 $91,260 $0
2022 $876 $91,260 $91,260 $0
2021 $876 $91,260 $91,260 $0
2020 $876 $91,260 $91,260 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4102777

Canopy MLS (Canopy Realtor® Association)

APN: 5546-90-8149-0000