NOT LISTED FOR SALE

9750 Reed Mine Rd Midland, NC 28107

Estimated Value: $222,000 - $306,000

3 Beds
1 Bath
1,440 Sq Ft
$186/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $195,000 $135 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,542/month

131 Days on Market

Highlights

  • Covered Patio or Porch
  • Laundry Room
  • Tile Flooring
  • Bethel Elementary School Rated 9+
  • Shed
  • Ceiling Fan

About This Home

As of January 2022

Quaint farm home in great location out in the country, but not too far from Hwy 200, Hwy 601 or Hwy 24/27. This home has great potential with some updates already made with incl vinyl siding, insulated windows, roof in 2017 and HVAC in 2012. Rooms are a nice size with laminate wood floors and the spacious kitchen has painted cabinets and a tile floor. Cedar closets and 2" blinds are added additions too. Home can still use a few updates and your personal touch.***No septic permit on file with the county***Home is back on the market after making some repairs***

Last Agent to Sell the Property

Cindy McCoy

McCoy Real Estate Inc License #167736 Listed on: 07/13/2021

Last Buyer's Agent

Laura Dyer

Keller Williams Ballantyne Area License #194690

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,563

Year Built

  • Built in 1941

Lot Details

  • Lot Dimensions are 190x250
  • Zoning described as AO

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Outbuilding

Utilities

  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5566-01-6327-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,563

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1941
  • Ratio Current Price By Acre: 172566.37
  • Doors and Windows: Insulated Windows,Storm Door(s)
  • Road Surface Type: Gravel
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Attic Other
  • Fixture Exception Yn: 0
  • Sq Ft Additional: 144
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1440
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Covered,Front
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Range, Plumbed For Ice Maker
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1440
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Outbuilding(s), Shed(s)
  • New Construction: No
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Parking Space - 4+

Utilities

  • Heating: Heat Pump, Heat Pump
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: In Kitchen
  • Water Source: Well

Schools

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

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5566-01-6327-0000
  • Lot Size: 190x250
  • Zoning Description: AO

Tax Info

  • RATIO List Price By Tax Amount: 2.04881

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Jan 15, 2022
Sold by
Blake Davis Matthew and Blake Grace
Bought by
Serna Luis and Serna Adalgiza
Seller's Agent
Cindy McCoy
McCoy Real Estate Inc
Buyer's Agent
Laura Dyer
Keller Williams Ballantyne Area
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%
Current Estimated Value
$267,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,814
Avg. Annual Appreciation
8.61%
Original Mortgage
$100,000
Outstanding Balance
$92,090
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$175,724

Purchase Details

Closed on
Jan 29, 2010
Sold by
Davis Shari O and Davis Christopher Kirk
Bought by
Davis Matthew Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2009
Sold by
Huneycutt Sherrill R and Huneycutt Sandra B
Bought by
Davis Shari O and Davis Christopher Kirk
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
Serna Luis $195,000 Shepard Law Pllc
Davis Matthew Blake $85,000 None Available
Davis Shari O $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serna Luis $100,000
Previous Owner Davis Matthew Blake $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold $195,000 -13.3% $135 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $225,000 +15.4% $156 / Sq Ft
09/27/2021 09/27/21 Off Market $195,000 -- --
08/31/2021 08/31/21 For Sale $225,000 0.0% $156 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $225,000 -- $156 / 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 $1,563 $234,680 $55,770 $178,910
2024 $1,563 $234,680 $55,770 $178,910
2023 $984 $118,250 $27,890 $90,360
2022 $983 $109,820 $27,830 $81,990
2021 $914 $109,820 $27,830 $81,990
2020 $914 $109,820 $27,830 $81,990
2019 $858 $103,140 $36,180 $66,960
2018 $838 $103,140 $36,180 $66,960
2017 $817 $103,140 $36,180 $66,960
2016 $817 $94,870 $30,620 $64,250
2015 $751 $94,870 $30,620 $64,250
2014 $751 $94,870 $30,620 $64,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3761904

Canopy MLS (Canopy Realtor® Association)

APN: 5566-01-6327-0000