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2637 Rachel Street

2637 Rachel Street, Charlotte, NC 28206
Sold Jul 28, 2020
$166,000
$161,020 by Atlantic Bay Mortgage Group Ll
Mortgage Due Aug 01, 2050
Sold May 31, 2019
$67,000
$80,000 by William C Parise Etux
Mortgage Due Jun 01, 2020
2637 Rachel Street in Charlotte, NC was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2637 Rachel Street has 925 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 9,148 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. The garage is 320 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2637 Rachel Street sold most recently in Jul 27, 2020 for a total of $166,000. If you work out the math, that's approximately a cost of $179.46 per sqft. Before that, the property was also sold for $67,000 in May 27, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $866 in taxes each year. 2637 Rachel Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $242,100. If we break it down further, the land itself was valued at $80,000. Improvements to the property, however, were assessed at a total of $162,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Carport
Detached Garage

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 320
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 925
  • Gross Building Area: 925
  • Building Area: 925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 925
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAHAM HEIGHTS WEST
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L12 B5 M7-15

Ownership

  • Current Owner : TAYLOR MURPHY
  • Previous Owner : MIHTSENTU HENOK
  • Owner Before Previous Owner: FISHER HAROLD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 005100

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 079-05
  • District: 1
  • Parcel: 079-054-18
  • Block: 5
  • Lot: 12
  • Municipality: CHARLOTTE
  • Latitude: 35.2557
  • Longitude: -80.8285

    Address

  • Full Address: 2637 Rachel St
  • Address - House Number: 2637
  • Address - Street Name: Rachel
  • Address - Suffix Type: St
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C006
  • 4-Digit Zip Code: 2140
  • Zip Code: 28206

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $866
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 71
  • Final Value: 253,201
  • High Value: 306,368
  • Low Value: 200,035

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,020
  • First Open Lien Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Open Lien Mortgage Recording Date: Jul 28, 2020
  • First Open Lien Mortgage Loan Amount: $161,020
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $242,100
  • Market Land Value: $80,000
  • Market Improvement Value: $162,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,100
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $162,100

    Sales

  • Current Sale Contract Date: Jul 27, 2020
  • Current Sale Recording Date: Jul 28, 2020
  • Current Sale Transaction ID: 11776843756
  • Current Sale Price: $166,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020115352
  • Previous Sale Recording Date: May 31, 2019
  • Previous Sale Contract Date: May 27, 2019
  • Previous Sale Amount: $67,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC BAY MORTGAGE GROUP LL
  • First Mortgage Transaction Date: Jul 28, 2020
  • First Mortgage Loan Amount: $161,020
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WILLIAM C PARISE ETUX
  • Previous Mortgage Transaction Date: May 31, 2019
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2020

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Frequently Asked Questions

What neighborhood is 2637 Rachel Street located in?
The 2637 Rachel Street is a house located in the neighborhood of Druid Hills South in Druid Hills South, Charlotte.
What is the average sales price for listings in 2637 Rachel Street?
The average sales price for units in 2637 Rachel Street is $0 currently.

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