12640 Hwy 601, Midland, NC, 28107

$295,000

Home List Price

$3,503*

Closing Credit

3 Bedrooms
1 Full Bath
1,660 SqFt
$178/SqFt
House

Location

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12640 Hwy 601, Midland$295,000

Buyer Closing Credits

$3,503*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Parking Space(s)
Year Built1958
HeatingCentral, Propane
CoolingCeiling Fan(s), Central Air, Electric, Heat Pump
FireplaceLiving Room
MLS #4187982
StatusAccepting Backup Offers
(Active Under Contract)

About 12640 Hwy 601

Full brick home in 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 Town of Midland's regulations. Property has county water. Currently on septic tank but sewer is available. The property sits on approximately 2 acres. Property was rented for 3 years to the same tenants. Price has been adjusted to allow for any updates, repairs, replacements or changes. You will own a home to live in and enjoy that has the added benefit of also being a commercial property for future acceleration of value/uses. Live in it now and sell it as a commercial property when the time is right. Residential homes are all around this property, so you have the best of both worlds. So many possibilities!! Property is SOLD AS IS.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1958
  • Living Area: 1,660 SqFt

Listing Office:

  • Office Name: Debra Lynn Price
  • Office Email: Deaglesoars@aol.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Basement: No
  • Flooring Type: Wood
  • Interior: Attic Stairs Pulldown
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Driveway, Parking Space(s)

Utilities

Utilities Information:

  • Heating: Central, Propane
  • Cooling: Ceiling Fan(s), Central Air, Electric, Heat Pump

Price Information

Listing Price Info

Price Summary:

  • List Price: $295,000
  • Price Per SqFt: $178/SqFt
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Housing Market Comparison

See how this home compares to others in Midland, NC.

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Midland, NC

City

Med. Sold Price

$402.3K

Med. Price/SqFt

$209

Avg. Days On Market

71

# of Sold Homes

5

12640 Hwy 601 vs Midland

91 DAYS ON ROCKET

+20 Days

$295,000

-$107.3K Less

$178/SqFt

-$32 Less

KEY TAKEAWAY

This property is $107.3K less than the Median Sold Price and $32/SqFt less than other homes in Midland, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4187982

Listing Office:

  • Office Name: Debra Lynn Price
  • Office Email: Deaglesoars@aol.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/30/2024, 10:51:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,540

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$951

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2283590
10
/10

  • Locust Elementary School

  • 103 School Rd

  • 2.99 miles

  • Public District Grades KG-5

school-card-donut-2283591
4
/10

  • Stanfield Elementary School

  • 101 Montgomery Ave

  • 5.05 miles

  • Public District Grades KG-5

school-card-donut-2283592
6
/10

  • A.T. Allen Elementary School

  • 3939 Abilene Rd

  • 5.81 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,105. The majority of Midland, NC residents have income between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 12640 Hwy 601

What is the listing price of this property?

The listing price of 12640 Hwy 601 property is $295,000.

What type of property is this?

The property 12640 Hwy 601 is a house located in Midland, North Carolina, 28107.

Is this property for sale now?

Accepting Backup Offers: 12640 Hwy 601 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 12640 Hwy 601 has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 12640 Hwy 601 is 1,660 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12640 Hwy 601 is 1958.

Rocket Homes›North Carolina›Cabarrus County›Midland›28107›12640 Hwy 601

This home is located at 12640 Hwy 601 in Midland, NC and zip code 28107. This 1,660 square foot home was built in 1958. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $295,000.

Over 1 listings were sold over their listed price in November 2024 in Midland, NC. In the same period over 2 listings were sold below the listed price and 2 listings were sold for the listed price. In November 2024 in Midland, NC there were 28.1% more homes for sale than in October 2024. Listings spent 71 days on the market in November 2024, and had a median list price of $402,320 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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