1587 Midway Rd is a 1,597 square foot house on a 7.12 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Stony Point data, we estimate the home's value is $439,143.
Single-familyProperty Type
2013Year Built
7.12 acresLot Size
$275Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$439,143
$0 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 14.5% higher than the average sale price ($384K) of 6 comparable homes.
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Earn from this home
Sell
$411,851
Est. take-home
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Rent
$2,732/mo
Redfin rental estimate
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Market trends in 28678, NC
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
98.4%
0.3% MoM
Median sale price
$263K
$5K MoM
Avg. days on market
37d
1 days MoM
Recently sold homes
6
5 MoM
Provided by Redfin
Sale history for 1587 Midway Rd
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$2,109
$66,290 + $281,050
$347,340
2024
$2,109
$66,290 + $281,050
$347,340
2023
$2,109 (+23.7%)
$66,290 + $281,050
$347,340
2022
$1,706 (+0.2%)
$56,820 + $205,410
$262,230
2021
$1,702 (+10.6%)
$56,820 + $205,410
$262,230
2020
$1,538 (+4.8%)
$56,820 + $205,410
$262,230
2019
$1,467 (+10.5%)
$56,820 + $179,410
$236,230
2018
$1,328 (+1.7%)
$56,820 + $179,410
$236,230
2017
$1,305
$56,820 + $152,920
$209,740
2016
$1,305 (+100.8%)
$56,820 + $152,920
$209,740
2014
$650
$56,820 + $52,990
$109,810
Tax history for 1587 Midway Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,109
$66,290 + $281,050
$347,340
2024
$2,109
$66,290 + $281,050
$347,340
2023
$2,109 (+23.7%)
$66,290 + $281,050
$347,340
2022
$1,706 (+0.2%)
$56,820 + $205,410
$262,230
2021
$1,702 (+10.6%)
$56,820 + $205,410
$262,230
2020
$1,538 (+4.8%)
$56,820 + $205,410
$262,230
2019
$1,467 (+10.5%)
$56,820 + $179,410
$236,230
2018
$1,328 (+1.7%)
$56,820 + $179,410
$236,230
2017
$1,305
$56,820 + $152,920
$209,740
2016
$1,305 (+100.8%)
$56,820 + $152,920
$209,740
2014
$650
$56,820 + $52,990
$109,810
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
RA
Residential Agricultural District
The regulations of this district are intended to encourage the continuance of agricultural uses as well as to insure that residential development not having access to public water supplies and dependent upon septic tanks for sewage disposal will occur at a sufficiently low density to provide a healthful environment.
Permitted uses
Include but are not limited to:
Automotive parking structure
Housing-Single unit
Infrastructure
Office
Library
Post office
Recreation
Kennel
Park & open space
Aug 13, 2024 • Final
Changeout/install - hvac
Replace an existing heat pump.
HVAC
Dec 7, 2020 • Final
Electrical
Install a new electrical service panel, lights, and receptacles at a barn.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Heat Pump
Fireplace Information
Fireplace Type: Prefab
Has Fireplace
Exterior
Exterior Information
Floor Construction Type: Plywood
Foundation Type: Continuous Footing
Building Construction Quality: Average
Exterior Wall: Siding Sheathing
Roof Shape Type: Gable
Building Improvement Type: Single Family
Property Information
Living Sq. Ft: 1,597
Ground Floor Sq. Ft: 1,189
Building Sq. Ft: 2,173
# of Stories: 1.5
Stories Type: 1 1/2
Legal Description: LOT 2-LEWIS S/D PB-60-139
Parking & Garage Information
Parking Type: Attached Finished Garage
Garage/Parking Sq. Ft: 576
Garage / Carport Type: Attached Finished
Lot Information
# of Buildings: 1
Land Sq. Ft: 310,147
Legal Lot Number: 2
Municipality Name: CONCORD
Acres: 7.12
Front Footage: 50
Zoning Code: RA
County Use Description: SIN FAM RES RURAL ACREAGE
Financial
Assessor Information
Assessment Year: 2026
Tax District County: EAST ALEXANDER FIRE
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,597
Stories: 1.5
Lot Size: 7.12 acres
Style: Single Family Residential
Year Built: 2013
Year Renovated: 2013
County: Iredell County
APN: 4707057377.000
Home facts updated by county records on Aug 20, 2026
Around this home
Schools
Scotts Elementary School
Public PreK-5 • Assigned • 1.5mi
3/10
West Iredell Middle School
Public 6-8 • Assigned • 5.7mi
3/10
West Iredell High School
Public 9-12 • Assigned • 5.1mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 102° expected this year, 18 days in 30 years
3/10 Wind Factor
5% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Stony Point, NC • 28678
Average low and high temperatures (°F)
47
27
54
35
68
44
75
52
76
56
86
66
90
71
80
66
79
62
71
50
63
42
51
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 5.1 hours in December, which is comparable to the
U.S. average for solar exposure.
9.1 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$418,000 – $506,000
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