NOT LISTED FOR SALE

3988 Seminole Trail Midland, NC 28107

Estimated Value: $398,000 - $542,538

3 Beds
2 Baths
1,800 Sq Ft
$249/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $262,500 $146 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,573/month

21 Days on Market

Highlights

  • Horse Facilities
  • Wooded Lot
  • Pasture
  • Stables
  • Ranch Style House
  • Shed

About This Home

As of July 2019

This is your chance to own a small farm with a barn and an outbuilding. Brick ranch on over 11 acres. Sit on the front porch overlooking your own pond. Bring your horses and take advantage of the barn with finished stalls. Setback from the main road so lots of privacy. Interior needs some updating. Detached brick 2 car garage. Not far from 27 and 601. Easy access.

Last Agent to Sell the Property

Tom Mathern

Silver Fox Properties, L.L.C. License #165750 Listed on: 05/15/2019

Last Buyer's Agent

Jennifer Parsley

Howard Hanna Allen Tate Concord License #304854

Howard Hanna Allen Tate Concord

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • Level Lot
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Farming

  • Pasture
  • Fenced For Cattle

Additional Features

  • Shed
  • Stables
  • Septic Tank

Community Details

  • Horse Facilities

Listing and Financial Details

  • Assessor Parcel Number 5554-04-90-3789

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 1.11702
  • Ratio Close Price By Original Li: 1.11702
  • Ratio Current Price By Acre: 22189.35
  • Ratio Current Price By Sq Ft: 145.83
  • Year Built: 1995
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), CO Detector, Electric Dryer Hookup, Electric Range, Security System, Electric Oven
  • Fireplace Description: Living Room, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Split BR Plan
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1800
  • Total Sq Ft: 1800

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Equestrian Facilities, Feed Barn, Fenced Pasture, Stable, Shed(s)

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking: Detached Garage, Garage - 2 Car

Utilities

  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: Septic Installed
  • Water: Water Softener System, Well Installed
  • Water Heater: Electric

Lot Info

  • Lot Dimension: Various
  • Lot Features: Level, Pasture, Lake, Wooded
  • Parcel Number: 5554-04-90-3789
  • Zoning Specification: R004

Tax Info

  • Tax Value: 224389.00
  • Tax Location: Stanly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jun 14, 2019
Sold by
Wells Fargo Bank Na
Bought by
Lavook Robert Edward and Lou Lavook Julie Betty
Seller's Agent
Tom Mathern
Silver Fox Properties, L.L.C.
Buyer's Agent
Jennifer Parsley
Howard Hanna Allen Tate Concord
List Price
$235,000
Sold Price
$262,500
Premium/Discount to List
$27,500
11.7%
Current Estimated Value
$448,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,885
Avg. Annual Appreciation
8.75%
Original Mortgage
$249,375
Outstanding Balance
$218,368
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$230,017

Purchase Details

Closed on
Jul 3, 2018
Sold by
Services Inc
Bought by
Wells Fargo Bank N A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lavook Robert Edward $262,500 None Available
Wells Fargo Bank N A $187,081 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavook Robert Edward $249,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2019 07/15/19 Sold $262,500 +11.7% $146 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $235,000 -- $131 / 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 $2,541 $403,384 $171,638 $231,746
2024 $1,927 $264,013 $97,873 $166,140
2023 $2,024 $264,013 $97,873 $166,140
2022 $1,998 $264,013 $97,873 $166,140
2021 $1,969 $264,013 $97,873 $166,140
2020 $1,800 $224,389 $83,685 $140,704
2019 $1,813 $224,389 $83,685 $140,704
2018 $1,972 $224,389 $83,685 $140,704
2017 $1,728 $224,389 $83,685 $140,704
2016 $1,679 $218,020 $79,638 $138,382
2015 $1,732 $218,020 $79,638 $138,382
2014 $1,742 $220,628 $82,246 $138,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3508225

Canopy MLS (Canopy Realtor® Association)

APN: 5554-04-90-3789