Midland · Midland, NC
506 Settlement Drive
Midland, NC · 1,904 sqft
$398,500
Reduced from $425,000
- 3Beds
- 2Baths
- 1,904SqFt
- 1977Year
- 123x167x123x172Lot
- 135Days on market
About this home
This home is located near the cul-de-sac in a small, rural subdivision with only two streets, few homes and no HOA. It's centrally located with easy access to multiple highways, I485, hospitals, shopping and restaurants. The home sits on a spacious .48 acre lot with natural landscaping where you can create whatever outdoor living space you desire. Inside, the home offers an open floor plan accented with warm earth tones and wood floors throughout most of the home. Other features include a vaulted ceiling with a wood beam, a masonry fireplace, a sliding barn door, ceiling fans in most rooms, a tile backsplash, solid surface countertop and more. Also, this sweet home has only had 2 owners its whole life!
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,904
- Lot
- 123x167x123x172
- Year built
- 1977
- Type
- Single Family
- Days on market
- 135
- Heating
- Ductless, Electric
- Cooling
- Ceiling Fan(s), Central Air, Ductless
- Foundation
- Crawl Space
- Flooring
- Hardwood, Vinyl
Features
- Attic Stairs Pulldown
- Open Floorplan
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,932/ month
- Principal & interest
- $2,468
- Property tax (~1.05%)
- $348
- Homeowners insurance
- $116
- HOA dues
- —
Down payment
$19,925 down · $378,575 financed
Income to qualify (28% rule)
~$125,697 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.