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12848 Mustang Dr

Midland, NC 28107

3 bd 3 ba 2,772 sqft Built 2014 Lot 9,148 sqft single_family
Most recent sale
$410,000
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $410,000 MLS #3884543
Aug 12, 2022 Price changed $434,900 MLS #3884543
Aug 2, 2022 Price changed $479,900 MLS #3884543
Jul 29, 2022 Listed $495,000 MLS #3884543
Sep 9, 2014 Sold $213,000 Public Record
Jan 27, 2014 Sold $340,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $349,910 $70,000 $419,910 $3,258
2023 $241,230 $42,500 $283,730 $2,723
2022 $246,060 $42,500 $288,560 $2,770
2021 $246,060 $42,500 $288,560 $2,770
2020 $240,900 $42,500 $283,400 $2,721
2019 $207,930 $30,000 $237,930 $2,284
2018 $207,930 $30,000 $237,930 $2,189
2017 $207,930 $30,000 $237,930 $2,141
2016 $207,930 $30,000 $237,930 $2,141
2015 $177,050 $20,000 $197,050 $1,773
2014 $20,000 $20,000 $180

Property facts

Year built
2014
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,772 sqft
Lot size
9,148 sqft
ZIP code
28107
City
Midland
Street
Mustang Dr
Coordinates
35.24209, -80.51118

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,742
Gross rental yield
10.95%
Implied cap rate
7.12%
Trend-extrapolated value

Frequently asked questions

When did 12848 Mustang Dr last sell?
12848 Mustang Dr most recently sold on Sep 30, 2022 for $410,000.
What is the current tax assessment for 12848 Mustang Dr?
The most recent total assessment for 12848 Mustang Dr (year 2025) is $419,910 with $3,258 in property tax.
How does 12848 Mustang Dr's assessment compare to its last sale price?
The current assessment is 2.4% above the last sale price of $410,000.
When was 12848 Mustang Dr built?
12848 Mustang Dr was built in 2014.
How does 12848 Mustang Dr compare to others on Mustang Dr?
We track 8 other properties on Mustang Dr. Browse the list under "Other properties on Mustang Dr" to compare beds, baths, and sale history.
What are the property facts for 12848 Mustang Dr?
12848 Mustang Dr is a 3 bed, 3 bath, 2,772 sqft, 9,148 sqft lot single_family.
Is 12848 Mustang Dr a flip candidate?
No — 12848 Mustang Dr does not appear in our flips dataset.
Is 12848 Mustang Dr a tax-appeal candidate?
No — 12848 Mustang Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.3%
Implied 1-yr
-1.2%
2026 Q2
$451.7K
2026 Q3
$450.4K
ZIP 28107 — Median Price History + Forecast

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