NOT LISTED FOR SALE

8501 Fairview Rd Mint Hill, NC 28227

Estimated Value: $445,000 - $528,000

4 Beds
3 Baths
1,683 Sq Ft
$278/Sq Ft Est. Value

Last Sold November 27, 2024

Last sale price $720,000 $428 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $2,660/month

219 Days on Market

Highlights

  • Barn
  • Farmhouse Style Home
  • Separate Outdoor Workshop
  • Bain Elementary Rated A-
  • Circular Driveway
  • 2 Car Detached Garage

About This Home

As of November 2024

Mint Hill Location close to 485 and walking distance to town. Please note this is two parcels being sold together with two homes. Both homes are currently leased do not disturb the tenants. (+/-) 4 acres total with two homes, storage shed (garage) and old barn convey. 8914 has 2 bedrooms with 1 bathroom fenced rear yard, - 8501 has 2 bedrooms and 2 bathrooms, shop/garage areas, old barn. Appointments must be approved by tenants and via listing agent. Two Parcel Numbers - 139-012-01 and 139-012-03 sold together.

Last Agent to Sell the Property

Beth Ivey

ProStead Realty Brokerage Email: soldwithbeth@gmail.com License #227267 Listed on: 03/20/2024

ProStead Realty

Last Buyer's Agent

Juan Bruno

Keller Williams South Park License #322214

Keller Williams South Park

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • Back Yard Fenced
  • Level Lot
  • Open Lot

Parking

  • 2 Car Detached Garage
  • Circular Driveway

Home Design

  • Farmhouse Style Home
  • Bungalow
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Separate Outdoor Workshop
  • Outbuilding
  • Enclosed Glass Porch

Additional Homes

  • Separate Entry Quarters

Schools

  • Bain Elementary School

Farming

  • Barn
  • Machine Shed

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 139-012-01

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Farmhouse
  • Year Built: 1977
  • Restrictions: Other - See Remarks
  • Restrictions Description: Mint Hill zoning restrictions.
  • Second Living Quarters: Exterior Not Connected,Main Level,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters,Separate Utilities,Other - See Remarks
  • Road Surface Type: Concrete, Gravel
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 260.30
  • Bedroom Lower: 0
  • Geocode Confidence: High
  • Attribution Contact: soldwithbeth@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Crawl Space, Slab, Other - See Remarks
  • Interior Amenities: Attic Stairs Pulldown
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1683
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 293
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 509
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Range
  • Above Grade Finished Sq Ft: 1683
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Living Area: 1683
  • Bedroom Main: 2
  • Bedroom Basement: 0
  • Bedroom Third: 0

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Back Yard
  • Construction Type: Vinyl
  • Other Structures: Barn(s), Outbuilding, Tractor Shed, Workshop, Other - See Remarks
  • Patio And Porch Features: Front Porch, Glass Enclosed, Rear Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Circular Driveway, Driveway, Detached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, Mud Room, Inside
  • Cooling: Central Air
  • Water Source: City, Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Open Lot, Other - See Remarks
  • Lot Size Units: Acres
  • Parcel Number: 139-012-01
  • Zoning: R
  • Additional Parcels Description: 139-012-03
  • ResoLotSizeUnits: Acres
  • Zoning Specification: R

MLS Schools

  • Elementary School: Bain
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Nov 26, 2024
Sold by
Ferguson Gail M and Ferguson Johnny F
Bought by
Patel Umangkumar and Patel Snehalbhai
Seller's Agent
Beth Ivey
ProStead Realty
Buyer's Agent
Juan Bruno
Keller Williams South Park
List Price
$1,200,000
Sold Price
$720,000
Premium/Discount to List
-$480,000
-40%
Views
129
Current Estimated Value
$467,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$252,068
Avg. Annual Appreciation
-32.17%
Original Mortgage
$200,000
Outstanding Balance
$198,318
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$269,614

Purchase Details

Closed on
May 30, 2017
Sold by
Ferguson Johnny F and Ferguson Gail M
Bought by
D & B Realty Homes Group Llc

Purchase Details

Closed on
Jul 30, 2004
Sold by
Flowe Evelyn M and Mcwhirter John B
Bought by
Ferguson Johnny F and Ferguson Gail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,800
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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
Patel Umangkumar $450,000 Vista Title
D & B Realty Homes Group Llc $412,500 None Available
Ferguson Johnny F $383,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Umangkumar $200,000
Previous Owner Ferguson Johnny F $306,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2024 11/27/24 Sold $720,000 -15.3% $428 / Sq Ft
09/25/2024 09/25/24 Price Changed $850,000 -10.5% $505 / Sq Ft
08/26/2024 08/26/24 Price Changed $950,000 -4.5% $564 / Sq Ft
04/23/2024 04/23/24 Price Changed $995,000 -17.1% $591 / Sq Ft
03/20/2024 03/20/24 For Sale $1,200,000 -- $713 / 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 $2,553 $353,500 $141,400 $212,100
2024 $2,553 $353,500 $141,400 $212,100
2023 $2,553 $353,500 $141,400 $212,100
2022 $2,367 $267,000 $63,600 $203,400
2021 $2,367 $267,000 $63,600 $203,400
2020 $2,367 $267,000 $63,600 $203,400
2019 $2,361 $267,000 $63,600 $203,400
2018 $2,067 $419,400 $291,700 $127,700
2017 $4,577 $419,400 $291,700 $127,700
2016 $4,574 $419,400 $291,700 $127,700
2015 -- $531,600 $403,900 $127,700
2014 $6,357 $584,100 $448,800 $135,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4092741

Canopy MLS (Canopy Realtor® Association)

APN: 139-012-01