10849 Bethel Church Rd Midland, NC 28107

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2 beds · 1 bath · 1,636 sq ft · Lot Size: 359,806 sq ft · Single Family Home
Est. Property Value: $257,940

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10849 Bethel Church Rd is in the 28107 neighborhood of Midland, NC. It is located in Cabarrus County and ZIP code 28107. This Single Family Home was built in 1960 and is approximately 65 years old. The single family home spans 1636 sq ft with 2 bedrooms and 1 bathroom and sits on a 359806 sq ft lot. According to public records, it was last sold in 2017 for $140,000 and has a tax-assessed value of $245,600, which is $158 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 10849 Bethel Church Rd Midland, NC 28107 with Property Intel by Whitepages.

Owners & Occupancy for 10849 Bethel Church Rd

This property is owned by Justin Robert Phillips. Owner contact information includes 10 phone numbers and 2 email addresses.

Property Owners

Cell Phone(704) ***-****View Cell Phone
Residence***********
Landline(813) 805-7534
Distance from Property**********
Email Address**************@gmail.comView Email
OccupationAccount Executive Media Strategies, Charter Spectrum
Cell Phone(704) ***-****View Cell Phone
Residence***********
Landline(803) 628-4243
Distance from Property**********
Email Address**************@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************** age 37
Resident 2********************** age 42

Property Financials for 10849 Bethel Church Rd

10849 Bethel Church Rd, Midland, NC has a mortgage from State Emps Fcu (orig. July 26, 2021). The Cabarrus county assessment for 2023 values it at $245,600, with annual taxes of $2,063.

Mortgage & Equity Information

Loan Amount$******
LenderState Emps Fcu
Origination DateJuly 26, 2021
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date***************
Equity View Equity

Property Tax

Purchase DateApril 05, 2017
Property Tax Amount$2,063 in 2023
Purchase Price$140,000
Assessed Value$245,600 on 2023

Investment Potential for 10849 Bethel Church Rd

The property has a current estimated value of $257,940, which is 31% above the zip median, based on public records. It last sold on April 05, 2017 for $140K. Projected long-term
is $24,600 annually ($2,050 per month) with a 90% occupancy rate.

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Long-Term

Gross Rental
$24,600 per year($2,050 per month)
Net Operating Income
Cap Rate
Occupancy Rate
90%in 28107 zip code
 
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Property Details for 10849 Bethel Church Rd

Property Details

Property Sq Ft

Living Area

1,636 sq ft

29% above market

Lot Size

359,806 sq ft

638% above market

Price Per Sq Ft

Living Area

$158 / sq ft

2% above market

Lot Size Area

$1 / sq ft

74% below market

Property condition, age, exterior, etc. for 10849 Beth…
Longitude: -80.546089 Latitude: 35.267179 Parcel Number (APN): 5535-85-4799-0000…

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Discover more single family homes near 10849 Bethel Church Rd in Midland, North Carolina. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 10849 Bethel Church Rd in Cabarrus County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$257,940
$171,003
$86,937 (51%)
YoY Price Change
Year Built
1960
1962
-2 years
Living Space
1,636 sq ft
1,100 sq ft
536 (49%)
$ Per Living Sq Ft
$158
$148
$10 (7%)
Lot Size
359,806 sq ft
16,553 sq ft
343253 (2074%)
$ Per Lot Sq Ft
$1
$9
-$8 (-92%)

Net Operating Income
$16,080
$1,284 (8%)
Annual Revenue
$24,600
$21,000
$3,600 (17%)
$5,027
$2,209 (44%)
Net Operating Income
$16,080
$1,284 (8%)
Cap Rate
9.19%
Home Value Comparison: Property vs. Local and Regional 2-Bed Single Family Home Medians

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