NOT LISTED FOR SALE

79 Midland Preserve Way New Hill, NC 27562

Estimated Value: $388,897

11 Acres
$35,354 Price per Acre
479,160 Sq Ft Lot

Last Sold September 07, 2021

Last sale price $315,000

Est. 23% increase in value since last sale

Current estimated payment $2,358/month

13 Days on Market

Highlights

  • Horses Allowed On Property
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of September 2021

Midland Preserve is a 148 acre subdivision with Truelove Lake recreation area, also has greenway, walking trail access. Easy access to Jordan Lake and US Hwy 1. Gated community.

Last Listed By

Cindy Dameron

Realty World Carolina Properti License #114074 Listed on: 07/19/2021

Realty World Carolina Properti

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,309

Lot Details

  • 11 Acre Lot
  • Property fronts a private road
  • Property fronts an easement
  • Lot Has A Rolling Slope
  • Wooded Lot

Schools

  • Moncure Elementary And Middle School
  • Northwood High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Well Required
  • Perc Test On File For Septic Tank
  • Septic Needed

Community Details

  • Property has a Home Owners Association
  • Midland Preserve Subdivision
  • The community has rules related to alterations or architectural changes

Property Details

Property Type

Land

Est. Annual Taxes

$2,309

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Road Frontage Type: Easement, Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Midland Preserve
  • General Property Information Horse YN2: Yes
  • Sewer Septic Needed: Yes
  • Vegetation Wooded2: Yes
  • Vegetation Wooded Description: Hardwoods
  • Utilities Electricity Available: Yes
  • Restrictions Architectural Review: Yes
  • Water Source Need Well: Yes
  • Road Frontage Type Easement: Yes
  • Sewer Perc Test On File: Yes
  • General Property Information Lot Size Acres: 11.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 11.0
  • Lot Features:Rolling Slope: Yes

Utilities

  • Utilities: Electricity Available
  • Water Source: Need Well

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes

Schools

  • Ninth Grade High School: Chatham - Northwood
  • Middle Or Junior School: Chatham - Moncure

Lot Info

  • Current Use: Vacant
  • Lot Size Sq Ft: 479160.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Chatham - Moncure

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2021
Closed on
Sep 2, 2021
Sold by
Starritt Luke and Starritt Elizabeth A
Bought by
Vrabel Nicholas and Abuljibat Reema S
Seller's Agent
Cindy Dameron
Realty World Carolina Properti
Buyer's Agent
Marti Hampton
EXP Realty LLC
List Price
$350,000
Sold Price
$315,000
Premium/Discount to List
-$35,000
-10%
Total Days on Market
13
Current Estimated Value
$388,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,897
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Mar 5, 2021
Sold by
Bgm Investment Company
Bought by
Starritt Luke and Starritt Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,400
Interest Rate
4.25%
Mortgage Type
Construction

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Vrabel Nicholas $315,000 None Available
Starritt Luke $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Starritt Luke $725,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $315,000 -- --
09/07/2021 09/07/21 Sold $315,000 -10.0% --
08/16/2021 08/16/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $350,000 -- --
Source: Doorify MLS

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
2024 $2,309 $267,742 $267,742 $0
2023 $2,309 $267,742 $267,742 $0
2022 $2,149 $267,742 $267,742 $0
2021 $0 $267,742 $267,742 $0
2020 $2,200 $272,430 $272,430 $0
2019 $2,166 $272,430 $272,430 $0
2018 $2,052 $272,430 $272,430 $0
2017 $0 $185,825 $185,825 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 2396735

Doorify MLS

APN: 0092006