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$319,000   Price Analysis
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12640 Highway 601
Midland, NC 28107
3 bed 1 bath 1,660 SqFt ($192/SqFt)
1.99 acre lot. Built 1958
Listed 2024-05-25, Taxes $1,373		✓ USDA Eligible
near Midland, NC
 

Fast growing Midland

North Carolina location near highway 24/27(Albemarle Road) with quick access to interstate 485, Charlotte, Concord, Monroe and surrounding areas. Located in the Midland C 601 zoning district the property can be used as residential or commercial subject to the T own of Midland's regulations. Property has county water. Currently on septic tank but sewr is available.

Please note currently the property sits on approximately 2 acres. The owner is in the process of surveying the property to add the back portion of this lot to an adjoining 4-acre parcel. The exact reduction in acreage will be posted after the surveying is complete. Property was rented for 3 years to the same tenants who moved out the end of February 2024. So many possibilities for this tremendous investment. Property is SOLD AS IS.


Presented by Debra Price at
Debra Lynn Price.


Property MLS #4144560 from CanopyMLS

Bedrooms: 3
Bedrooms On Main Level: 3
Primary Bedroom Level: Main
Bedroom 1 Level: Main

Total Rooms: 7
Den Level: Main
Living Room Level: Main

Total Bathrooms: 1
Full Bathrooms: 1
Full Bathrooms On Main Level: 1
Bathroom 1 Level: Main

Attic Stairs Pulldown
Flooring: Wood

Dishwasher
Electric Range
Electric Water Heater
Laundry Features: In Kitchen

Cooling Features: Ceiling Fan(s), Central Air, Electric, Heat Pump
Fireplace Features: Living Room
Heating Features: Central, Propane

Kitchen Level: Main

Patio And Porch Features: Front Porch
Road Responsibility: Publicly Maintained Road
Road Surface Type: Paved

Lot Description: Level
Lot Size Acres: 1.99
Lot Size Square Feet: 86684

Driveway: Gravel
Parking Features: Driveway, Parking Space(s)

Source Listing Status: Active
County: Cabarrus
Source Property Type: Residential
Parcel Number: 5554-06-6918-0000
Postal Code Plus 4: 9449
Zoning Description: C 601
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$44,460 + $98,580
$143,040		$1,373
2021$44,460 + $98,580
$143,040		$1,373
2020$44,460 + $98,580
$143,040		$1,373
2019$85,090 + $76,120
$161,210		$1,547
2018$85,090 + $76,120
$161,210		$1,483
2017$85,090 + $76,120
$161,210		$1,450
2016$85,090 + $76,120
$161,210		$1,450
2015$80,000 + $76,120
$156,120		$1,405
2014$80,000 + $76,120
$156,120		$1,405
2013$80,000 + $76,120
$156,120		$1,405
2012$80,000 + $76,120
$156,120		$1,342
2010$65,810 + $53,270
$119,080		$916
2009$65,810 + $53,270
$119,080		$916
2009$65,810 + $53,270
$119,080		$916
2008$65,810 + $53,270
$119,080		$916
2007$60,190 + $32,440
$92,630		$722

Price Changed 2024-06-01
$319,000
CanopyMLS
Listed 2024-05-25
$339,000
CanopyMLS
Listing removed 2024-05-10
$0
CanopyMLS
Listing removed 2024-05-10
$0
CanopyMLS
Price Changed 2024-04-13
$342,000
CanopyMLS
Price Changed 2024-04-12
$342,000
CanopyMLS
Price Changed 2024-04-07
$360,000
CanopyMLS
Price Changed 2024-04-07
$360,000
CanopyMLS
Price Changed 2024-03-28
$375,000
CanopyMLS
Price Changed 2024-03-28
$375,000
CanopyMLS
Price Changed 2024-01-03
$399,900
CanopyMLS
Price Changed 2024-01-03
$399,900
CanopyMLS
Listed 2023-02-25
$450,000
CanopyMLS
Listed 2023-02-20
$450,000
CanopyMLS
Sold 2020-07-30
$170,000
CanopyMLS
Listed 2020-06-27
$170,000
CanopyMLS
Sold 2018-10-10
$132,500
Public Record
Sold 2012-10-25
$129,900
CanopyMLS
Sold 2011-05-05
$130,000
Public Record
Listing removed 2011-04-14
$139,900
StanlyCounty
Relisted 2011-02-16
$139,900
StanlyCounty
Listing removed 2011-02-13
$139,900
StanlyCounty
Listed 2010-11-19
$139,900
StanlyCounty
Listed 2010-11-12
$139,900
CanopyMLS

Total Square Feet Living: 1660
Year Built: 1958
Construction Materials: Brick Full
Foundation Details: Crawl Space
Levels: 1 Story
Property Age: 66
Structure Type: Site Built
Total Area Main: 1660
Architectural Style: Ranch

Sewer: Septic Installed
Cable Available
Electricity Connected
Water Source: County Water

Bethel Elementary is a public elementary school located approximately 1.6 miles away.
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C. C. Griffin Middle School is a public middle school located approximately 6.5 miles away.
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Central Cabarrus High is a public high school located approximately 9.3 miles away.
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Carolina Christian School is a private elementary, middle and high school located approximately 3.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.