NOT LISTED FOR SALE

407 Settlement Dr Midland, NC 28107

Estimated Value: $199,000 - $408,000

3 Beds
2 Baths
1,324 Sq Ft
$237/Sq Ft Est. Value

Last Sold November 29, 2017

Last sale price $120,000 $91 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,836/month

14 Days on Market

Highlights

  • Transitional Architecture
  • Shed
  • Wood Burning Fireplace
  • Walk-In Closet
  • Level Lot
  • Vinyl Flooring

About This Home

As of November 2017

1 Story Split Bedroom Plan in need of some repairs & updating, great potential to make it even better. Kitchen in need of updating. Wood burning Fireplace in Family Room, New 2017 HVAC, New Carpet, Nice Size Master Bedroom with Large Walk-in Closet. Spacious Laundry Room. Covered Screened-in Back Deck and Patio area for Entertaining. 2 Large Storage Buildings included. Minutes to Shopping & Restaurants. Easy Access to I-485 & Convenient to Charlotte & Concord. Home Sold in as is condition.

Last Agent to Sell the Property

Cindy Estridge

West Norman Real Estate License #264624 Listed on: 09/28/2017

Last Buyer's Agent

Karina Solis

Blue Dot Real Estate, LLC License #276798

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.63

Parking

  • Gravel Driveway

Home Design

  • Transitional Architecture
  • Vinyl Siding

Interior Spaces

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

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Shed
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 5534-24-2844-0000
  • Tax Block A

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.92308
  • Ratio Current Price By Acre: 190476.19
  • Ratio Current Price By Sq Ft: 90.63
  • Year Built: 1977
  • 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), Electric Dryer Hookup, Electric Range, Exhaust Fan, Ice Maker Connection, Self Cleaning Oven, Electric Oven
  • Fireplace Description: FAMILYRM, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • Interior Amenities: Attic Stairs Pulldown, Pantry, Split BR Plan, Vaulted Ceiling, Walk-In Closet(s)
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 1324
  • Total Sq Ft: 1324

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Shed(s)
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Parking Space - 4+

Utilities

  • Heating: Central Air, Heat Pump - AC, Heat Pump - Heat
  • Sewer: Septic Tank
  • Water: City Water
  • Water Heater: Electric

Schools

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

Lot Info

  • Lot Dimension: 130x210x130x210
  • Lot Features: Level
  • Lot Size Area: 0.630
  • Parcel Number: 5534-24-2844-0000
  • Plat Book Slide: 15/9
  • Plat Reference Section Pages: 218
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 118720.00
  • Tax Block: A
  • Tax Location: Midland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Nov 8, 2017
Sold by
Bruggeman Pamela N
Bought by
Lopez Jose Manuel Caal and Najarro Ericka Yanira Esquivel
Seller's Agent
Cindy Estridge
West Norman Real Estate
Buyer's Agent
Karina Solis
Blue Dot Real Estate, LLC
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Current Estimated Value
$314,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,099
Avg. Annual Appreciation
13.02%
Original Mortgage
$107,988
Outstanding Balance
$90,560
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$223,539

Purchase Details

Closed on
Jul 15, 2014
Sold by
Secretary Of Veterans Affairs
Bought by
Bruggman Pamela N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,900
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2014
Sold by
Patterson Harry D and Patterson Mary A
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Aug 13, 2008
Sold by
Federal National Mortgage Association
Bought by
Patterson Harry D and Patterson Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,150
Interest Rate
6.61%
Mortgage Type
VA

Purchase Details

Closed on
Apr 23, 2008
Sold by
Hutto Michael T and Hutto Michael Todd
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 1, 1996
Bought by
Hutto Michael Todd
Source: Public Records

Range of Values:

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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
Lopez Jose Manuel Caal $120,000 None Available
Bruggman Pamela N -- None Available
Secretary Of Veterans Affairs $89,302 None Available
Patterson Harry D -- None Available
Federal National Mortgage Association $98,506 None Available
Hutto Michael Todd $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Jose Manuel Caal $107,988
Previous Owner Bruggman Pamela N $58,900
Previous Owner Patterson Harry D $83,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2017 11/29/17 Sold $120,000 -7.7% $91 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $130,000 -- $98 / 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 $1,968 $253,560 $62,000 $191,560
2024 $1,968 $253,560 $62,000 $191,560
2023 $1,382 $143,950 $30,000 $113,950
2022 $1,382 $143,950 $30,000 $113,950
2021 $1,382 $143,950 $30,000 $113,950
2020 $1,382 $143,950 $30,000 $113,950
2019 $1,140 $118,720 $27,000 $91,720
2018 $1,092 $118,720 $27,000 $91,720
2017 $1,068 $118,720 $27,000 $91,720
2016 $1,068 $96,420 $27,000 $69,420
2015 $868 $96,420 $27,000 $69,420
2014 $868 $96,420 $27,000 $69,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3324860

Canopy MLS (Canopy Realtor® Association)

APN: 5534-24-2844-0000