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2708 Cimarron Circle

2708 Cimarron Circle, Midland, NC 28107
Property in Cabarrus Acres
Sold Aug 29, 2000
$97,000
$87,200 by First Charter National Bank
Mortgage Due Sep 01, 2030
Local assessors in Midland, NC have categorized 2708 Cimarron Circle as a residential type of property. The home was built in 1983 and is 41 years old. It was most recently renovated and altered in 1994. The property's lot size has been calculated to be 47,850 square feet. The linear feet between the front and back of the lot was measured at 2,900 ft and the front of the lot was measured at 1,650 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2708 Cimarron Circle has a total of 1,680 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a mixed used garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of metal. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2708 Cimarron Circle sold most recently in Aug 29, 2000 for a total of $97,000. If you work out the math, that's approximately a cost of $57.74 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $852 in taxes each year. 2708 Cimarron Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $88,760. If we break it down further, the land itself was valued at $28,750. Improvements to the property, however, were assessed at a total of $60,010. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1994
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 47,850
  • Lot Size Depth Feet: 2,900
  • Lot Size Frontage Feet: 1,650
  • Total Building Area: 1,680
  • Gross Building Area: 2,204
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,680
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CABARRUS ACRES SUBDIVISION SECTION I
  • Land Acres: 1.098
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 22 CABARRUS ACRES SECT 1

Ownership

  • Current Owner : MULLIS JAMES L
  • Current Owner 2: MULLIS DEBORAH D
  • Previous Owner : BRADLEY MELVIN R
  • Previous Owner 2: BRADLEY ROSEMARY W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 06-POPLAR TENT
  • Census Tract: 041601

Zoning

  • Zoning: SFR

Geography

  • Account Number: 4461
  • District: 10
  • Section: 1
  • Parcel: 5544 33 7299
  • Lot: 22
  • Municipality: MIDLAND
  • Latitude: 35.233
  • Longitude: -80.528

    Address

  • Full Address: 2708 Cimarron Cir
  • Address - House Number: 2708
  • Address - Street Name: Cimarron
  • Address - Suffix Type: Cir
  • State: NC
  • City Name: Midland
  • Carrier Code: R005
  • 4-Digit Zip Code: 6490
  • Zip Code: 28107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $852
  • Tax Rate Code Area: CI06

    Appraisal Valuation

  • Standard Deviation: 0.2167
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 70
  • Final Value: 265,237
  • High Value: 322,726
  • Low Value: 207,748

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $87,200
  • First Open Lien Mortgage Lender: FIRST CHARTER NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Aug 29, 2000
  • First Open Lien Mortgage Loan Amount: $87,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2030

    Market Valuation

  • Market Total Value: $88,760
  • Market Land Value: $28,750
  • Market Improvement Value: $60,010

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,760
  • Assessed Land Value: $28,750
  • Assessed Improvements Value: $60,010

    Sales

  • Current Sale Contract Date: Aug 29, 2000
  • Current Sale Recording Date: Aug 29, 2000
  • Current Sale Transaction ID: 1196620791
  • Current Sale Price: $97,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CHARTER NATIONAL BANK
  • First Mortgage Transaction Date: Aug 29, 2000
  • First Mortgage Loan Amount: $87,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2030

About Cabarrus Acres



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Frequently Asked Questions

What neighborhood is 2708 Cimarron Circle located in?
The 2708 Cimarron Circle is a located in the neighborhood of Cabarrus Acres in Cabarrus Acres, Midland.
What is the average sales price for listings in 2708 Cimarron Circle?
The average sales price for units in 2708 Cimarron Circle is $0 currently.

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