See Home Value
Mint Hill 28227
2540 Bain Farm Road
$529,306*
House - Off Market

2540 Bain Farm Road

Mint Hill, NC 28227
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2862 Sqft
$396,000 - $484,000
Reference Base Price*
20.30%
Since Nov 1, 2021
NC-Charlotte
Primary Model
Sold Mar 16, 2021
$440,000
$374,000 by Sprout Mortgage Llc
Mortgage Due Apr 01, 2051
Sold Aug 13, 2019
$265,000
$257,050 by Freedom Mortgage Corp
Mortgage Due Sep 01, 2049

About This Property

VACANT!!! Move in ready, 5 bedroom, 3 bath home with detached 2 car garage on 2.99 acres. This updated home is set back off the street giving it privacy, and TREED VIEWS from every window, it is close to SHOPPING, I-485, and to CHEVAL EQUESTRIAN FACILITIES. Neutral paint and finishes throughout.

The manager has listed the unit size as 2862 square feet.
Unit Size
2,862Ft²
Days on Market
-
Land Size
2.99 acres
Price per sqft
$154
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Mar 16, 2021 Sold to Rebekah L Wilberg $440,000
Sold to Rebekah L Wilberg
Nov 7, 2020 In contract -
In contract
Jul 25, 2020 Relisted $440,000
Relisted
Jul 24, 2020 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 720
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 130,244
  • Total Building Area: 2,868
  • Gross Building Area: 2,868
  • Building Area: 2,868
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,868
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REECE F MCROIE SURV
  • Land Acres: 2.99
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAIN FARM RD

Ownership

  • Current Owner : WILBERG REBEKAH L
  • Previous Owner : YOHANNES RUFAEL KIDANEMARIAN
  • Owner Before Previous Owner: CHILTON MARTHA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: MINT HILL
  • Census Tract: 005713

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 195-05
  • District: 7
  • Parcel: 195-052-05
  • Block: 2
  • Lot: 5
  • Municipality: MINT HILL
  • Latitude: 35.1598
  • Longitude: -80.6488

    Address

  • Full Address: 2540 Bain Farm Rd
  • Address - House Number: 2540
  • Address - Street Name: Bain Farm
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Mint Hill
  • Carrier Code: R012
  • 4-Digit Zip Code: 9503
  • Zip Code: 28227

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,998
  • Tax Rate Code Area: MINT HILL

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 78
  • Final Value: 603,815
  • High Value: 706,626
  • Low Value: 501,005

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $374,000
  • First Open Lien Mortgage Lender: SPROUT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 16, 2021
  • First Open Lien Mortgage Loan Amount: $374,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $590,400
  • Market Land Value: $197,400
  • Market Improvement Value: $393,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $590,400
  • Assessed Land Value: $197,400
  • Assessed Improvements Value: $393,000

    Sales

  • Current Sale Contract Date: Mar 15, 2021
  • Current Sale Recording Date: Mar 16, 2021
  • Current Sale Transaction ID: 11833983078
  • Current Sale Price: $440,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021050768
  • Previous Sale Recording Date: Aug 13, 2019
  • Previous Sale Contract Date: Aug 07, 2019
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SPROUT MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 16, 2021
  • First Mortgage Loan Amount: $374,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FREEDOM MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 13, 2019
  • Previous Mortgage Loan Amount: $257,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
2,538 ft²
$207/ft²
$525,000 Feb 25, 2023
-
-
House
3 Beds
2 Baths
1,950 ft²
$231/ft²
$450,000 Feb 18, 2023
-
$65/mo

About Mint Hill


Similar Homes for Sale


Nearby Rentals

Unit for rent at 8541 Bartlett Road, Mint Hill, NC, 28227

$4,500 /mo

  • 6 Beds
  • 4 Baths
  • 4,892 ft²
8541 Bartlett Road, Mint Hill, NC, 28227 Listing by Denis Dashchenko
Unit for rent at 7612 Brookwood Valley Lane, Mint Hill, NC, 28227

$2,350 /mo

  • 5 Beds
  • 3 Baths
  • 3,475 ft²
7612 Brookwood Valley Lane, Mint Hill, NC, 28227 Listing by Chuda Dhimal
Unit for rent at 7135 R Brighton Park Drive, Charlotte, NC, 28227

$2,640 /mo

  • 3 Beds
  • 2,303 ft²
7135 R Brighton Park Drive, Charlotte, NC, 28227 Listing by Manager


Frequently Asked Questions

When was property at 2540 Bain Farm Road built and last sold?
The property at 2540 Bain Farm Road was built in 1975 and last sold on Mar 15, 2021 for $440,000.
How much is this home worth?
The estimated value of the home located at 2540 Bain Farm Road is $444,489.
What are some comparable homes to 2540 Bain Farm Road?
There are currently no comparable homes to 2540 Bain Farm Road.

Quantcast