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  • Price cut: $16.5K (5/29)
    $398,500

    506 Settlement Dr, Midland, NC 28107

    3beds
    1,534sqft
    : 
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    Single Family Residence
    Built in 1977
    0.48 Acres Lot
    $393,000 Zestimate®
    $260/sqft
    $-- HOA

    What's special

    Warm earth tonesOpen floor planSolid surface countertopTile backsplashMasonry fireplaceSliding barn doorNatural landscaping
    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!****370 sq ft non HLA noted is the bonus room that is finished with sheetrock walls/ceiling and LVP flooring. It does have a through the wall unit which does not classify as HLA****
    182 days
    |
    399
    |
    9
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy McCoy cmccoy1@bellsouth.net,

    McCoy Real Estate Inc

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4335976MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 3
      Primary bedroom
      • Features: Ceiling Fan(s)
      • Level: Main
      Bedroom s
      • Features: Ceiling Fan(s)
      • Level: Main
      Bedroom s
      • Features: Ceiling Fan(s)
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Main
      Bonus room
      • Features: Ceiling Fan(s)
      • Level: Main
      Dining area
      • Features: Open Floorplan, Vaulted Ceiling(s)
      • Level: Main
      Kitchen
      • Level: Main
      Living room
      • Features: Ceiling Fan(s), Open Floorplan, Vaulted Ceiling(s)
      • Level: Main
      Utility room
      • Level: Main
      Heating
      • Electric, Other
      Cooling
      • Ceiling Fan(s), Central Air, Other
      Appliances
      • Included: Dishwasher, Electric Range, Electric Water Heater, Exhaust Fan, Microwave
      • Laundry: Electric Dryer Hookup, Utility Room, Washer Hookup
      Features
      • Open Floorplan
      • Flooring: Hardwood, Vinyl
      • Doors: Insulated Door(s), Sliding Doors, Storm Door(s)
      • Windows: Insulated Windows
      • Has basement: No
      • Attic: Pull Down Stairs
      • Fireplace features: Living Room, Wood Burning
      Interior area
      • Total structure area: 1,534
      • Total interior livable area: 1,534 sqft
      • Finished area above ground: 1,534
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached Carport
      • Carport spaces: 2
      • Uncovered spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck, Front Porch
      Lot
      • Size: 0.48 Acres
      • Dimensions: 123 x 167 x 123 x 172
      Details
      • Parcel number: 55342465580000
      • Zoning: SFR
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl
      • Foundation: Crawl Space
      Condition
      • New construction: No
      • Year built: 1977

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: City, Well, Other - See Remarks

      Community & HOA

      Community
      • Subdivision: Olde Camden Estates
      Location
      • Region: Midland

      Financial & listing details

      • Price per square foot: $260/sqft
      • Tax assessed value: $287,990
      • Annual tax amount: $2,235
      • Date on market: 1/14/2026
      • Cumulative days on market: 181 days
      • Listing terms: Cash,Conventional
      • Exclusions: Shelf in Master Bathroom
      • Road surface type: Gravel, Paved

        Estimated market value

        $393,000

        $373,000 - $413,000

        $2,043/mo

        Price history

        DateEventPrice
        5/29/2026Price change$398,500-4%$260/sqft
        Source: Canopy MLS as distributed by MLS GRID #4335976 Report a problem
        2/12/2026Price change$415,000-2.4%$271/sqft
        Source: Canopy MLS as distributed by MLS GRID #4335976 Report a problem
        1/14/2026Listed for sale$425,000$277/sqft
        Source: Canopy MLS as distributed by MLS GRID #4335976 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,235 $287,990
        2024$2,235 +31.9%$287,990 +63.2%
        2023$1,694 $176,460
        2022$1,694 $176,460
        2021$1,694 +16.5%$176,460 +16.5%
        2019$1,454 $151,480
        2018-- $151,480
        2017-- $151,480 +26.6%
        2016$1,363 $119,620
        2015$1,363 +26.6%$119,620
        2014$1,077 $119,620
        2013-- $119,620
        2012-- $119,620 -3.5%
        2011-- $123,950
        2010-- $123,950
        2009-- $123,950
        2008-- $123,950 +8.7%
        2007-- $114,070
        2006-- $114,070
        2005-- $114,070
        2004-- $114,070 +9.4%
        2003-- $104,310
        2002-- $104,310
        2001-- $104,310
        2000-- $104,310
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 28107

        Getting around

        0 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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