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490 Iron Horse Lane
490 Iron Horse Lane
$580,000 (sales price - Jul, 2023)
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Midland, NC 28107 ▪  (MLS # 4025594)
Primary on Main  ▪   $191/Sq Ft
4 bed  ▪  3 full bath  ▪  3,044 Sq Ft
3-car garage  ▪   Built: 2015
490 Iron Horse Lane
$580,000 (sales price - Jul, 2023)
Midland, NC 28107 ▪  (MLS # 4025594)
Primary on Main
4 bed  ▪  3 full bath  ▪  3,044 Sq Ft
3-car garage  ▪   Built: 2015
SOLD JUL 25, 2023
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$580,000  (sales price)
4 bed  ▪  3 full bath  ▪  3,044 Sq Ft
490 Iron Horse Lane
Midland, NC 28107 (MLS # 4025594)
.26 acres  ▪   Built: 2015  ▪   Primary Bedroom on Main
Subdivision: Cedarvale Farms
Midland, NC / 28107
Sale Details
Sales Price: $580,000
Closed: Jul 25, 2023 (248 days ago)
List Price: $599,000
Sold for: 97% of list price
Cumulative Days on Market: 35
Price/Sq Ft: $191
Remarks - 490 Iron Horse Lane
(from previous listing) Welcome Home!! Highly desirable Cabarrus County location, convenient to Charlotte city limits and Highway 485. Inviting stoned covered entry way leads into great room w/ coffered ceiling, gas fireplace and open to living/dining room. Beyond the living room looms the chef’s gourmet kitchen w/white cabinetry, granite counters, tiled backsplash, ss appliances and island w/ bar seating. Breakfast area w/ access to heated screened in patio with mounted TV, and private backyard. Main level shines wi ...
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General Info - MLS # 4025594
Parking: Parking Garage
Year Built: 2015
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Midland / Cabarrus County
Lot Size: .26 acres
Area Schools
7/10
Bethel Elementary School
Distance: 3.1 mi
10/10
Hickory Ridge Middle School
Distance: 4.7 mi
9/10
Hickory Ridge High School
Distance: 4.3 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Cedarvale Farms
Community Features: Outdoor Pool
Listing History
07/25/2023: MLS Sold for $580,000 (Canopy MLS)
Cumulative Days on Market: 35
More details

03/24/2016: MLS # 3099240 sold for $357,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 224
County Tax Data
2022 County Tax Assessment: $372,920
Next Cabarrus County Tax Assessment: 2024
2022 Property Taxes: $3,133

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

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See Sold Homes in Cedarvale Farms
SOLD JAN 18, 2024
Sold for $172/Sq Ft & 98% of list
27 cumulative days on market
$527,000 (sales price)
5 bed  ▪  4 full bath  ▪  3,059 SqFt
11262 Serenity Farm Dr
Midland, NC 28107
Cedarvale Farms
0.5 mi.

SOLD AUG 9, 2023
Sold for $172/Sq Ft & 98% of list
17 cumulative days on market
$475,000 (sales price)
4 bed  ▪  3 full bath  ▪  2,757 SqFt
10063 Carousel Corral Dr
Midland, NC 28107
Cedarvale Farms
0.4 mi.

SOLD MAY 17, 2023
Sold for $162/Sq Ft & 99% of list
75 cumulative days on market
$508,000 (sales price)
6 bed  ▪  3 full bath  ▪  3,128 SqFt
10013 Sunset Ridge Ct
Midland, NC 28107
Cedarvale Farms
0.3 mi.

Neighborhood Summary (single family)
Cedarvale Farms

Sales in:

Median $ / Sq Ft (single family)
Cedarvale Farms




28107 ZIP Code Trends
28107 ZIP Code Trends

OUR RATING: MODERATELY COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28107 is the 41st most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28107 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

27
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 27 cumulative days on market in the 28107 area. Compare this with the Charlotte metro area median of 17 days on market.

22%
Of Recently Sold Homes
Over Asking Price
22% of previously owned 28107-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28107.

68%
of Available Homes
Are Under Contract
68% of previously owned 28107-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28107 Area Metro Area
1-year +18% + 2%
2-year +17% + 2%
5-year +94% +66%
The price per square foot of 28107-area re-sale homes has increased by approximately 94% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $219 per square foot in 28107 over the past 90 days - as compared to $212 for the entire metro area.

27
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 27 cumulative days on market in the 28107 area. Compare this with the Charlotte metro area median of 17 days on market.

21%
Of Recently Sold Homes
Over Asking Price

21% of previously owned 28107-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28107.

Price Per Square Foot Change
Period 28107
Area
Metro
Area
1-year +18% + 2%
2-year +17% + 2%
5-year +94% +66%

The price per square foot of 28107-area re-sale homes has increased by approximately 94% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $219 per square foot in 28107 over the past 90 days - as compared to $212 for the entire metro area.

68%
of Available Homes
Are Under Contract

68% of previously owned 28107-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Sale Details
Sales Price: $580,000
Closed: Jul 25, 2023 (248 days ago)
List Price: $599,000
Sold for: 97% of list price
Cumulative Days on Market: 35
Price/Sq Ft: $191
Remarks
(from previous listing) Welcome Home!! Highly desirable Cabarrus County location, convenient to Charlotte city limits and Highway 485. Inviting stoned covered entry way leads into great room w/ coffered ceiling, gas fireplace and open to living/dining room. Beyond the living room looms the chef’s gourmet kitchen w/white ...
Continue reading

General Info - MLS 4025594
Parking: Parking Garage
Year Built: 2015
Master / Primary Bedroom: Main floor
Listing Status: Sold
Property Type: Single Family Home
Location: Midland / Cabarrus County
Lot Size: .26 acres

Neighborhood Info
Subdivision: Cedarvale Farms
Community Features: Outdoor Pool
Listing History
07/25/2023: MLS Sold for $580,000 (Canopy MLS)
Cumulative Days on Market: 35
More details


03/24/2016: MLS # 3099240 sold for $357,000 (Canopy MLS) - SEE LISTING
Cumulative Days on Market: 224
Area Schools
7/10
Bethel Elementary School
Distance: 3.1 mi
10/10
Hickory Ridge Middle School
Distance: 4.7 mi
9/10
Hickory Ridge High School
Distance: 4.3 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the Cedarvale Farms neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Porters Landing, Monterosa, and Allen Acres.



CDS Data Share Based on information submitted to the MLS GRID as of 03/29/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.