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$398,500 -$16,500 (-3.98%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • Updated 4 days ago
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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!

Full Property Details for 506 Settlement Dr

General

  • Price: $398,500
  • Status: Active
  • Type: Single Family
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4335976
  • Updated: 5/29/2026
  • Added to Site: 139 day(s) ago

Interior

  • Interior Features: Attic Stairs Pulldown, Open Floorplan
  • Fireplace: Yes
  • Fireplace(s): Living Room, Wood Burning, Living Room, Wood Burning
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Exhaust Fan, Microwave
  • Flooring: Hardwood, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Main & Up: 3

Other Rooms

  • Laundry: Electric Dryer Hookup, Utility Room, Washer Hookup

Parking

  • Carports: Yes
  • Carport Spaces: 2
  • Parking Features: Detached Carport

Location

  • County: Cabarrus
  • Subdivision: Olde Camden Estates
  • Driving Directions: From Charlotte head east on Hwy 24/27 into Cabarrus County. Turn right on Old Camden Rd then left into Old Camden Estates. Turn left on Settlement Dr. Home is almost at the end on the right.

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Central Air, Ductless
  • Heating Type: Ductless, Electric

Utilities

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

Structural Information

  • Construction: Site Built
  • Exterior Const.: Vinyl
  • Main/1st Level: 1,904 Sq. Ft.
  • Year Built: 1977

Lot Features

  • Lot Dimensions: 123 x 167 x 123 x 172
  • Street/Road Desc.: Gravel, Paved
  • Rcmdd Zoning: SFR

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: 5534-24-6558-0000
  • Lot Number: 16560/0001

Listed by McCoy Real Estate Inc

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Listing agent

— 506 Settlement Dr —

  • McCoy Real Estate Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 506 Settlement Dr

School District:Cabarrus County Schools
NameGradesDistance
Bethel Elementary, Midland, NC
2425 Midland Road, Midland, NC 28107
K-51.8 mi
C. C. Griffin Middle School
7650 Griffin's Gate Drive, Concord, NC 28025
6-85.2 mi
Central Cabarrus High
505 State Highway 49, Concord, NC 28025
9-128.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 506 Settlement Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/29/2026
Price Reduced
$398,500
-3.98%
MLS
2/12/2026
Price Reduced
$415,000
-2.35%
MLS
1/14/2026
Listed
$425,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 506 Settlement Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,235
—
$287,990
—
2024
$2,235
32%
$287,990
63%
2023
$1,694
100%
$176,460
—
2022
-100%
$176,460
—
2020
$1,694
22%
$176,460
16%
2018
$1,394
2%
$151,480
—
2016
$1,363
-6%
$151,480
—
2019
$1,454
35%
$151,480
27%
2015
$1,077
—
$119,620
—
2013
$1,077
—
$119,620
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by McCoy Real Estate Inc

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506 Settlement Drive, Midland, NC 28107 (MLS# 4335976) is a Single Family property with 3 bedrooms and 2 full bathrooms. 506 Settlement Drive is currently listed for $398,500 and was received on January 14, 2026. Want to learn more about 506 Settlement Drive? Do you have questions about finding other Single Family real estate for sale in Midland? You can browse all Midland real estate or contact a Coldwell Banker agent to request more information.

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