Seller and Buyer Mutually Agreed to Substantially Reduce the Price for a Quick Close Avoiding a Much Longer Due Diligence than Expected by All Parties. Tremendous opportunity in this expanding and convenient location of Cabarrus County with easy access to all main corridors and interstates. It is a very favorable tract for buyers with a 1031 Exchange or interested in investigating possibilities of developing property for residential use either for a subdivision or subdividing into large tracts. Open Space District: Medium Density. Min Lot requirement is 30,000 SF with One (1) house/ac. Water distribution provided by Stanley County. City of Locust provides sanitary sewer service. Soil conditions in the area are generally known for red clay with a mixture of rock. Zoning defaults to Locust Land Dev. Power source is Duke Energy. Property is only 1/4 mile from NC 24/NC 27 and all essentials including Walmart, McDonald's & public golf w/in a one mile reach. Owned by NC R/E Broker.
Closed
$583,700
12000 Reed Mine Rd, Midland, NC 28107
--beds
--baths
53.88Acres
Unimproved Land
Built in ----
53.88 Acres Lot
$-- Zestimate®
$--/sqft
$2,140 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,140/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 29, 2023 at 01:28pm
Listing Provided by:
Dawn Jordan dawnhjordan@gmail.com,
10th Avenue Realty
Bought with:
Brenda Hunter
Hunter Homes Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 3899715
Facts & features
Property
Lot
- Size: 53.88 Acres
Details
- Parcel number: 55651330190000
- Zoning: AO
- Special conditions: Standard
Utilities & green energy
- Sewer: Other - See Remarks
- Water: Other - See Remarks
Community & neighborhood
Location
- Region: Midland
Other
Other facts
- Listing terms: Cash,Conventional,Exchange
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2023 | Sold | $583,700-46.9% |
Source:  Canopy MLS as distributed by MLS GRID #3899715 | ||
| 1/9/2023 | Listed for sale | $1,100,000 |
Source: Canopy MLS as distributed by MLS GRID #3899715 | ||
| 9/7/2022 | Contingent | $1,100,000 |
Source: Canopy MLS as distributed by MLS GRID #3899715 | ||
| 8/29/2022 | Listed for sale | $1,100,000+173.3% |
Source: Canopy MLS as distributed by MLS GRID #3899715 | ||
| 11/5/2018 | Sold | $402,550-10.5% |
Source: Canopy MLS as distributed by MLS GRID #3211517 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,996 +65.9% | $771,820 +92.1% |
| 2023 | $4,821 | $401,740 |
| 2022 | $4,821 | $401,740 |
Find assessor info on the county website
Neighborhood: 28107
Nearby schools
GreatSchools rating
- 9/10Bethel ElementaryGrades: PK-5Distance: 3.9 mi
- 4/10C. C. Griffin Middle SchoolGrades: 6-8Distance: 7.5 mi
- 4/10Central Cabarrus HighGrades: 9-12Distance: 9.6 mi
Schools provided by the listing agent
- Elementary: Bethel Cabarrus
- Middle: C.C. Griffin
- High: Central Cabarrus
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.