NOT LISTED FOR SALE

8500 Reed Mine Rd Midland, NC 28107

Midland Area

Estimated Value: $700,000 - $1,002,000

3 Beds
2.5 Baths
2,574 Sq Ft
$314/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2018

Last sale price $545,000 $212 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,821 / mo

5 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Open Lot
  • Bethel Elementary School Rated 10

About This Home

As of November 2018

Beautiful custom 3 bed 2.5 bath home built on just over 10 acres. Like new construction, this ranch style home features a first floor master, huge walk in shower and oversized closet. Granite countertops and GE stainless steel appliances and a big pantry. This open floorplan, 12 x 40 sunroom, and 8 x 12 composite deck make the home perfect for entertaining. Whole house water filtration and tankless water heater. Solar Panels and 30 yr arch shingled roof. In ground propane tank. Well has 55 gallons per minute. Sewer is gravity feed. Exterior switched outlets for Christmas lights. All interior lights are LED. 24 Seer HVAC system. Power bill Avg. $115 or less.

Last Agent to Sell the Property

Rachel Alles

Mark Spain Real Estate License #215156 Listed on: 10/12/2018

Mark Spain Real Estate

Co-Listed By

Cackie Morrow

Realty ONE Group Select License #283165

Last Buyer's Agent

Robert Dulin

NorthGroup Real Estate LLC License #122379

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 10.38

Parking

  • 2

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Additional Features

  • Wood Flooring
  • Open Lot

Listing and Financial Details

  • Assessor Parcel Number 55661749250000

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

10.38 Acres

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.99091
  • Ratio Close Price By Original Li: 0.99091
  • Ratio Current Price By Acre: 52504.82
  • Ratio Current Price By Sq Ft: 211.73
  • Year Built: 2016
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Microwave, Refrigerator
  • Flooring: Wood
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 2574
  • Total Sq Ft: 2574

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Concrete
  • Parking: Garage - 2 Car

Utilities

  • Heating: Central Air
  • Sewer: City Sewer
  • Water: City Water

Lot Info

  • Lot Features: Open Lot
  • Parcel Number: 55661749250000
  • Zoning Specification: SFR

Tax Info

  • Tax Value: 349065.00
  • Tax Location: Midland

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Nov 30, 2018
Sold by
Bought by
Seller's Agent
Rachel Alles
Mark Spain Real Estate
Buyer's Agent
Robert Dulin
NorthGroup Real Estate LLC
List Price
$550,000
Sold Price
$545,000
Premium/Discount to List
-$5,000
-0.91%
Current Estimated Value
$808,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,396
Avg. Annual Appreciation
5.27%
Original Mortgage
$325,637
Interest Rate
0.048%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,400
Interest Rate
0.0325%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 18, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Interest Rate
0.0365%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
0.0396%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
0.0662%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$545,000 Integrated Title Services Ll
-- None Available
-- None Available
$410,000 None Available
$135,000 None Available
$90,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $270,000
Closed $325,637
Previous Owner $412,400
Previous Owner $416,500
Previous Owner $410,000
Previous Owner $277,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/30/2018 11/30/18 Sold $545,000 -0.9% $212 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $550,000 -- $214 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,586 $688,660 $163,980 $524,680
2024 $4,586 $688,660 $163,980 $524,680
2023 $4,206 $505,480 $84,080 $421,400
2022 $4,206 $516,780 $84,080 $432,700
2021 $4,300 $516,780 $84,080 $432,700
2020 $4,300 $516,780 $84,080 $432,700
2019 $3,453 $415,060 $70,520 $344,540
2018 $3,370 $415,060 $70,520 $344,540
2017 $3,240 $409,140 $64,600 $344,540
2016 $3,240 $116,240 $116,240 $0
2015 $921 $116,240 $116,240 $0
2014 $921 $116,240 $116,240 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rachel Alles

    Mark Spain

    (704) 252-0597

    27 Total Sales

    Rachel Alles
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    Cackie Morrow

    Realty ONE Group Select

    Section Image
  • Robert Dulin

    Buyer's Agent in 2018

    Robert Dulin

    NorthGroup Real Estate LLC

    (704) 661-3173

    48 Total Sales

    Robert Dulin
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3443384

Canopy MLS

APN: 5566-17-4925-0000

North Carolina Cabarrus County Midland 28107

8500 Reed Mine Rd, Midland, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

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