$205,000
SOLD MAR 2, 2020

8222 Midas Ln Locust, NC 28097

3 Beds
2.5 Baths
1,600 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$128 Per Sq Ft

2 Days on Market

About This Home

As of March 2020

Save your money and the wait with this BETTER than new Cabarrus Counties home in one of the most sought after school districts! Enjoy mornings on your covered front porch in a quiet cul de sac with stone accents as the backdrop! Sought after open floor plan accentuated by gleaming granite counters, custom back splash, castled kitchen cabinets and stainless steel appliances. Entertaining is a breeze with a dedicated dining room and a LARGE living room open to the kitchen. Upstairs you will enjoy a master suite complete with an over sized shower. Generous sized secondary bedrooms connected with a jack and jill bathroom and walk in closets! This home has a fenced in backyard. Carpets have been professionally cleaned & home has been professionally deep cleaned. Active Community with pool and Grilling Cabana. Located in sought-after Mount Pleasant school district and quick access to Charlotte, Concord, Monroe, and Albemarle! BE SURE TO CHECK OUT 3D VIRTUAL TOUR!

Last Agent to Sell the Property

Alexis Hughes

EXP Realty LLC Ballantyne License #296781 Listed on: 02/08/2020

EXP Realty LLC Ballantyne

Last Buyer's Agent

Rich Scola

ALOCS LLC License #252318

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2015

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 1

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

Community Details

  • Cedar Management Association, Phone Number (704) 549-2429

Listing and Financial Details

  • Assessor Parcel Number 5576-26-5602-0000

Home Details

Home Type

Single Family

Year Built

Built in 2015

Lot Details

0

HOA Fees

$31 per month

Parking

1

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Acre: 1366666.67
  • Ratio Current Price By Sq Ft: 128.13
  • Year Built: 2015
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 800
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Range, Microwave, Electric Oven
  • H O A Management Phone: 7045492429
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 800
  • Total Sq Ft: 1600

Exterior Features

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

Garage/Parking

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

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee: 375.00
  • Association Fee Frequency: Annually
  • HOA Management Company: Cedar Management
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: A.T. Allen
  • Middle School: Mount Pleasant
  • High School: Mount Pleasant

Lot Info

  • Lot Size Area: 0.150
  • Parcel Number: 5576-26-5602-0000
  • Zoning Specification: LOCUST

Tax Info

  • Tax Value: 125880.00
  • 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
Total Days on Market
2
Current Estimated Value
$320,111

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
$542,720,621
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$542,408,051

Purchase Details

Listed on
Feb 8, 2020
Closed on
Feb 28, 2020
Sold by
Mooney Jordan S and Mooney Ashlea Watkins
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
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%

Purchase Details

Closed on
Aug 15, 2016
Sold by
Shartzer Bart and Shartzer Morgan Shawn
Bought by
Mooney Jordan S and Watkins Ashlea N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 19, 2015
Sold by
True Homes Llc
Bought by
Shartzer Bart and Hegler Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,224
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2014
Sold by
Boex Llc
Bought by
True Homes Llc

Purchase Details

Closed on
Sep 1, 2013
Sold by
Rl Regi North Carolina Llc
Bought by
Boex Llv

Purchase Details

Closed on
Mar 30, 2010
Sold by
Regions Bank
Bought by
Rl Regi North Carolina Llc
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 Type Sale Price Title Company
Special Warranty Deed -- Os National Llc
Warranty Deed $205,000 None Available
Warranty Deed $150,000 None Available
Warranty Deed $1,425 None Available
Warranty Deed $172,500 None Available
Special Warranty Deed $5,500,000 --
Special Warranty Deed $310,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $601,428,000 Credit Line Revolving
Previous Owner $152,000 Adjustable Rate Mortgage/ARM
Previous Owner $146,224 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2020 04/29/20 Rented $1,375 0.0% --
04/08/2020 04/08/20 Price Changed $1,375 -1.7% $1 / Sq Ft
04/02/2020 04/02/20 Price Changed $1,399 -1.8% $1 / Sq Ft
03/30/2020 03/30/20 For Rent $1,425 0.0% --
03/02/2020 03/02/20 Sold $205,000 0.0% $128 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $205,000 -- $128 / 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
2024 $3,271 $307,130 $66,000 $241,130
2023 $2,436 $194,300 $40,500 $153,800
2022 $2,436 $194,300 $40,500 $153,800
2021 $2,436 $194,300 $40,500 $153,800
2020 $2,436 $194,300 $40,500 $153,800
2019 $1,500 $125,880 $16,000 $109,880
2018 $1,475 $125,880 $16,000 $109,880
2017 $1,413 $122,690 $16,000 $106,690
2016 $1,413 $12,000 $12,000 $0
2015 $138 $12,000 $12,000 $0
2014 $138 $12,000 $12,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3589428

Canopy MLS (Canopy Realtor® Association)

APN: 5576-26-5602-0000