NOT LISTED FOR SALE

8490 Reed Mine Rd Unit 3 Midland, NC 28107

Estimated Value: $523,000 - $673,246

10.1 Acres
$60,328 Price per Acre
439,956 Sq Ft Lot

Last Sold July 15, 2016

Last sale price $134,000

Est. 355% increase in value since last sale

Current estimated payment $3,506/month

183 Days on Market

About This Lot

As of July 2016

10 acre parcel in an absolutely beautiful, private setting to build your new dream home. Land has previously perked for 4 bedroom septic system. Minimum 1800 sq.ft. house but the possibilities are endless.
Ideal location for horses, barn & farming. Road maintenance agreement is in place.

Last Agent to Sell the Property

Al DiRusso

EXP Realty LLC Mooresville License #123665 Listed on: 11/25/2015

EXP Realty LLC Mooresville

Last Buyer's Agent

Kathy Wing

NorthGroup Real Estate LLC License #124347

NorthGroup Real Estate LLC

Property Details

Property Type

  • Land

Lot Details

  • Property is zoned Agricultural

Listing and Financial Details

  • Assessor Parcel Number 5566-27-9867-0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Lots/Acres/Farms
  • Property Sub Type: Acreage
  • Ratio Close Price By List Price: 0.99259
  • Ratio Close Price By Original Li: 0.95714
  • Ratio Current Price By Acre: 13267.33
  • Special Features: None

Schools

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

Lot Info

  • Lot Size Area: 10.100
  • Parcel Number: 5566-27-9867-0000
  • Zoning: Agricultural
  • Zoning Specification: AO
  • Plat Reference Section Pages: 328

Tax Info

  • Tax Value: 107430.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2006
Sold by
R L Wallace Construction Co Inc
Bought by
Murdock Lena C
Current Estimated Value
$609,312

Purchase Details

Closed on
Mar 23, 2005
Sold by
Wallace Robert L and Wallace Donna F
Bought by
R L Wallace Construction Co Inc

Purchase Details

Closed on
Feb 28, 2005
Sold by
R L Wallace Construction Co Inc
Bought by
Wallace Robert L and Wallace Donna F

Purchase Details

Closed on
Mar 1, 1984
Bought by
Wallace R L Construction Co
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
Murdock Lena C $130,000 None Available
R L Wallace Construction Co Inc -- --
Wallace Robert L $124,000 --
Wallace R L Construction Co $6,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $134,000 -4.3% --
05/26/2016 05/26/16 Pending -- -- --
11/25/2015 11/25/15 For Sale $140,000 -- --
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 $3,730 $560,080 $190,890 $369,190
2024 $3,730 $560,080 $190,890 $369,190
2023 $2,799 $336,470 $109,180 $227,290
2022 $2,799 $336,470 $109,180 $227,290
2021 $2,799 $336,470 $109,180 $227,290
2020 $2,646 $318,030 $109,180 $208,850
2019 $2,580 $310,060 $126,970 $183,090
2018 $1,490 $183,480 $126,970 $56,510
2017 $1,006 $126,970 $126,970 $0
2016 $1,006 $107,430 $107,430 $0
2015 $851 $107,430 $107,430 $0
2014 $851 $107,430 $107,430 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3131312

Canopy MLS (Canopy Realtor® Association)

APN: 5566-27-9867-0000