NOT LISTED FOR SALE

8221 Midas Ln Locust, NC 28097

Estimated Value: $328,001 - $400,000

3 Beds
2.5 Baths
2,040 Sq Ft
$177/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $218,000 $107 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,170/month

Highlights

  • Community Cabanas
  • Private Lot
  • Walk-In Pantry
  • Open Floorplan
  • Recreation Facilities
  • Walk-In Closet

About This Home

As of September 2019

Seeking a new construction feel without the wait and price? Enjoy this beautiful home complete with an office on the main floor, laminate wood floors in entry and kitchen, A large Kitchen with over-sized island complimented w/flawless granite counters & gleaming SS appliances accented by upgraded lighting features & oak beams. Storage galore with tons of cabinets & a walk-in pantry. Arched entry ways leading to an immaculate living room!. The second floor comes complete with 2 large secondary bedrooms featuring walk- in closets & a Jack-&-Jill bath with Granite Counters & Tile floors. The loft provides the perfect secondary entertaining space! Your Master Suite boasts plenty of space as well as a large walkin closet. Wind down and relax in your oversized soaking tub after a long day! Active Community with pool and Grilling Cabana. Located in a desirable community in sought-after Mount Pleasant school district and quick access to Charlotte, Concord, Monroe, and Albemarle!

Last Agent to Sell the Property

Alexis Hughes

EXP Realty LLC Ballantyne License #296781 Listed on: 08/13/2019

EXP Realty LLC Ballantyne

Last Buyer's Agent

Rich Scola

ALOCS LLC License #252318

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2013

Lot Details

  • Private Lot
  • Level Lot

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 1

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Garden Bath

Listing and Financial Details

  • Assessor Parcel Number 5576-26-6427-0000

Community Details

Overview

  • Cedar Management Association

Recreation

  • Recreation Facilities
  • Community Cabanas
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2013

Lot Details

0

HOA Fees

$31 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Ratio Close Price By List Price: 0.99091
  • Ratio Close Price By Original Li: 0.99091
  • Ratio Current Price By Acre: 1362500.00
  • Ratio Current Price By Sq Ft: 106.86
  • Year Built: 2013
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1020
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Electric, Disposal, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer, Electric Oven
  • Flooring: Carpet, Laminate Wood, Tile
  • Interior Amenities: Breakfast Bar, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split BR Plan, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1020
  • Total Sq Ft: 2040

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 1 Car, Parking Space - 4+

Utilities

  • Heating: Multizone A/C, MultiZone Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool, Recreation Area, Sidewalk, Street Lights
  • Association Fee: 375.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Level, Private
  • Parcel Number: 5576-26-6427-0000
  • Zoning Specification: R

Tax Info

  • Tax Value: 135170.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2020
Sold by
Sfr Jv 1 Property Llc
Bought by
Sfr Jv 1 2020 1 Borrower Llc
Current Estimated Value
$361,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,428,000
Outstanding Balance
$533,306,488
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$532,945,238

Purchase Details

Listed on
Aug 13, 2019
Closed on
Aug 8, 2019
Sold by
Miller Yanet
Bought by
Sfr Jv 1 Property Llc
Seller's Agent
Alexis Hughes
EXP Realty LLC Ballantyne
Buyer's Agent
Rich Scola
ALOCS LLC
List Price
$220,000
Sold Price
$218,000
Premium/Discount to List
-$2,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%

Purchase Details

Closed on
Aug 31, 2018
Sold by
Miller Gregory S and Miller Yanet
Bought by
Miller Yanet

Purchase Details

Closed on
Aug 9, 2013
Sold by
True Homes Llc
Bought by
Miller Gregory S and Miller Yanet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,250
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2013
Sold by
Rl Regi North Carolina Llc
Bought by
True Homes Llc

Purchase Details

Closed on
Mar 30, 2010
Sold by
Regions Bank
Bought by
Rl Regi North Carolina Llc
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
Sfr Jv 1 2020 1 Borrower Llc -- Os National Llc
Sfr Jv 1 Property Llc $218,000 None Available
Miller Yanet -- None Available
Miller Gregory S $127,000 None Available
True Homes Llc $16,000 None Available
Rl Regi North Carolina Llc $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sfr Jv 1 2020 1 Borrower Llc $601,428,000
Previous Owner Miller Gregory S $129,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2019 09/04/19 Sold $218,000 -0.9% $107 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $220,000 -- $108 / 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 $2,995 $300,700 $66,000 $234,700
2024 $3,205 $300,700 $66,000 $234,700
2023 $2,574 $205,840 $40,500 $165,340
2022 $2,574 $205,840 $40,500 $165,340
2021 $2,574 $205,840 $40,500 $165,340
2020 $2,574 $205,840 $40,500 $165,340
2019 $1,731 $135,170 $16,000 $119,170
2018 $1,704 $135,170 $16,000 $119,170
2017 $1,677 $135,170 $16,000 $119,170
2016 $1,677 $142,790 $15,000 $127,790
2015 $138 $142,790 $15,000 $127,790
2014 $138 $142,790 $15,000 $127,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3539365

Canopy MLS (Canopy Realtor® Association)

APN: 5576-26-6427-0000