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1290 Midland Rd, Southern Pines, NC, 28387

$495,000

Home List Price

$5,878*

Closing Credit

3 Bedrooms
2 Baths
2,133 SqFt
$232/SqFt
Multi

Location

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1290 Midland Rd, Southern Pines$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAdditional Parking, Gravel
Year Built1950
HeatingGas Pack, Heat Pump
CoolingCentral Air, Heat Pump
Fireplace2
MLS #100476604
Lot Size0.69 Acres
StatusActive

About 1290 Midland Rd

A Rare Duplex in the heart of Knollwood.... grandfathered in and surrounded by single family homes on a gorgeous and private .69-acre lot. This home was built by Ed Causey and has all hardwood floors in both portions of the duplex. The rental history on 1290 Midland has been exceptional with no months of vacancy in the last 3 years. As an investment, this duplex offers value with long term tenants in place through mid-2025. As a home that can be converted down the road to a single-family home, this property offers numerous options. The stellar location is rare in Southern Pines and the topography of the lot offers the ability to add on down the road (both in the front or back).Charm and Character are the order of the day at 1290 Midland Rd. This is not your cookie cutter duplex! Each unit offers outstanding features and privacy from one another with distinct separate entrances. There is nothing like it on the market in the Heart of Southern Moore County.Important Agent RemarksCopies of both leases are available. Lease for 1290 B runs through June 30th, 2025. For 1290 A, through July 31st, 2025. Natural Gas heat for 1290 B. Heat Pump for 1290 A. Showing Instructions - 24 Hour Notice required. Monday - Friday 9 a.m. - 5 p.m. Weekends - 1 p.m. to 5 p.m.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 2,133 SqFt

Listing Office:

  • Office Name: Fore Properties

Interior Features

Interior Information:

  • Appliances: Dishwasher, Washer, Range, Refrigerator, Disposal, Dryer
  • Basement: No
  • Flooring Type: Tile, Wood
  • Interior: 1st Floor Master, Mud Room, Ceiling Fan(s), Blinds/Shades
  • Fireplace: 2

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Cluster Mailboxes, Thermal Windows

Parking Information:

  • Attached Garage: No
  • Parking: Additional Parking, Gravel

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.69 Acres

Utilities

Utilities Information:

  • Heating: Gas Pack, Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: From Midland Rd. & Hwy 22 - proceed west on Midland Rd. Make a left on Crest Rd. (home is first one on left)

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $232/SqFt

Tax Information:

  • Annual Amount: $2,452
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Southern Pines, NC.

Med. Sold Price

$545K

Med. Price/SqFt

$246

Avg. Days On Market

54

# of Sold Homes

28

1290 Midland Rd vs Southern Pines

1 DAY ON ROCKET

-53 Days

$495,000

-$50K Less

$232/SqFt

-$14 Less

KEY TAKEAWAY

This property is $50K less than the Median Sold Price and $14/SqFt less than other homes in Southern Pines, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100476604

Listing Office:

  • Office Name: Fore Properties

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 04, 2021Home Sold
$315,000
Oct 17, 2008Home Sold
$127,000
Mar 01, 2007Home Sold
$82,000
Sep 07, 2006Home Sold
$164,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,452$258,120
2020$2,424$258,120
2018$2,452$230,690
2017$2,065$230,690

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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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-172538
4
/10
  • Moore Montessori Community School

  • 387 W Pennsylvania Ave

  • 1.32 miles

  • Public Charter Grades KG-4

school-card-donut-172539
8
/10
  • McDeeds Creek Elementary School

  • 2953 Camp Easter Rd

  • 1.77 miles

  • Public District Grades KG-5

school-card-donut-172540
4
/10
  • Southern Pines Elementary School

  • 255 S May St

  • 1.84 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,869. Residents of Southern Pines, NC typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesNorth CarolinaMoore CountySouthern Pines283871290 Midland Rd

This home is located at 1290 Midland Rd in Southern Pines, NC and zip code 28387. This 2,133 square foot home, which was built in 1950, sits on a 0.69 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 19, 2024 and is currently priced at $495,000.

In October 2024, from all listings sold in Southern Pines, NC there were more than 6 sold above asking price, over 14 sold below and more than 8 were sold right at the asked price. Between September 2024 and October 2024, Southern Pines, NC real estate market has seen increase in the number of listings by 2.8%. While the average time on the market in October 2024 was 54 days, the median list price was $545,000.

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

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