Check Availability

642 Iron Horse Lane

642 Iron Horse Lane, Midland, NC 28107
Property in Cedarvale Farms
Sold Mar 14, 2022
$485,000
Sold Jun 27, 2018
$330,000
$263,992 by Inspire Home Loans Inc
Mortgage Due Jul 01, 2048
642 Iron Horse Lane has been categorized by the local assessors in Midland, NC as a residential type of property. The building on the property was first built in 2018 and is 6 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 642 Iron Horse Lane has 2,213 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 620 ft. The area measurement of the land has been determined as 10,149 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 548 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of asbestos shingle. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. 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, 642 Iron Horse Lane sold most recently in Mar 14, 2022 for a total of $485,000. If you work out the math, that's approximately a cost of $219.16 per sqft. Before that, the property was also sold for $330,000 in Jun 27, 2018. 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 $0 in taxes each year. 642 Iron Horse Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $320,080. If we break it down further, the land itself was valued at $65,000. Improvements to the property, however, were assessed at a total of $255,080. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Exterior Walls Type: Asbestos shingle
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Mixed use
  • Garage Square Area: 548
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,149
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 620
  • Total Building Area: 2,213
  • Gross Building Area: 3,050
  • Building Area: 2,213
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,213
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CEDARVALE FARM
  • Land Acres: 0.233
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 30 CEDARVALE FARM

Ownership

  • Current Owner : FLEISCHER DAVID
  • Previous Owner : KENNETH CAMERON BRYAN
  • Previous Owner 2: KENNETH LOUISE AMY
  • Owner Before Previous Owner: CENTURY COMMUNITIES SOUTHEAST LLC
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 14-FLOWES STORE
  • Census Tract: 041502

Zoning

  • Zoning: CR

Geography

  • Account Number: 124009
  • District: 01
  • Parcel: 5525 64 0460
  • Lot: 30
  • Municipality: HARRISBURG
  • Latitude: 35.2629
  • Longitude: -80.5878

    Address

  • Full Address: 642 Iron Horse Ln
  • Address - House Number: 642
  • Address - Street Name: Iron Horse
  • Address - Suffix Type: Ln
  • State: NC
  • City Name: Midland
  • Carrier Code: R002
  • 4-Digit Zip Code: 7512
  • Zip Code: 28107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: FR14

    Appraisal Valuation

  • Standard Deviation: 0.176
  • Valuation Date: Oct 19, 2022
  • Confidence Score: 77
  • Final Value: 513,091
  • High Value: 603,435
  • Low Value: 422,747

    Market Valuation

  • Market Total Value: $320,080
  • Market Land Value: $65,000
  • Market Improvement Value: $255,080

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $320,080
  • Assessed Land Value: $65,000
  • Assessed Improvements Value: $255,080

    Sales

  • Current Sale Contract Date: Mar 14, 2022
  • Current Sale Recording Date: Mar 14, 2022
  • Current Sale Transaction ID: 11882483005
  • Current Sale Price: $485,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8674
  • Previous Sale Recording Date: Jun 27, 2018
  • Previous Sale Contract Date: Jun 27, 2018
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: INSPIRE HOME LOANS INC
  • Previous Mortgage Transaction Date: Jun 27, 2018
  • Previous Mortgage Loan Amount: $263,992
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Cedarvale Farms



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 642 Iron Horse Lane located in?
The 642 Iron Horse Lane is a located in the neighborhood of Cedarvale Farms in Cedarvale Farms, Midland.
What is the average sales price for listings in 642 Iron Horse Lane?
The average sales price for units in 642 Iron Horse Lane is $0 currently.

Quantcast