Check Availability

2641 Rachel Street

2641 Rachel Street, Charlotte, NC 28206
Sold Apr 03, 2020
$155,000
$158,565 by Wells Fargo Bank Na
Mortgage Due May 01, 2050
Sold Dec 29, 2000
$52,000
$51,773 by Wells Fargo Home Mtg Inc
Mortgage Due Jan 01, 2031
2641 Rachel Street in Charlotte, NC was first built in 1956 and is 68 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, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2641 Rachel Street has 945 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 7,405 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of asphalt. 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 forced air unit and being fueled with gas. 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, 2641 Rachel Street sold most recently in Apr 3, 2020 for a total of $155,000. If you work out the math, that's approximately a cost of $164.02 per sqft. Before that, the property was also sold for $52,000 in Dec 29, 2000. 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 $1,225 in taxes each year. 2641 Rachel Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $267,100. 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 $187,100. 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

Exterior

Brick Venner Exterior

Driveway

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

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 945
  • Gross Building Area: 945
  • Building Area: 945
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 945
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAHAM HEIGHTS WEST
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L11 B5 M7-15

Ownership

  • Current Owner : STRATFORD JEFFREY TYRONE
  • Previous Owner : STRATFORD WILLIE J
  • Previous Owner 2: STRATFORD ORLANNA C
  • Owner Before Previous Owner: STRATFORD WILLIE J
  • 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: 079-054-19
  • Block: 5
  • Lot: 11
  • Municipality: CHARLOTTE
  • Latitude: 35.2559
  • Longitude: -80.8284

    Address

  • Full Address: 2641 Rachel St
  • Address - House Number: 2641
  • 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: $1,225
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 295,719
  • High Value: 350,840
  • Low Value: 240,598

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $158,565
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 03, 2020
  • First Open Lien Mortgage Loan Amount: $158,565
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $267,100
  • Market Land Value: $80,000
  • Market Improvement Value: $187,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $267,100
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $187,100

    Sales

  • Current Sale Contract Date: Apr 03, 2020
  • Current Sale Recording Date: Apr 03, 2020
  • Current Sale Transaction ID: 11759973659
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020047280
  • Previous Sale Recording Date: Dec 29, 2000
  • Previous Sale Contract Date: Dec 29, 2000
  • Previous Sale Amount: $52,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 03, 2020
  • First Mortgage Loan Amount: $158,565
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: Dec 29, 2000
  • Previous Mortgage Loan Amount: $51,773
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2031

About Druid Hills South



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 415 W 8th Street, Charlotte, NC, 28202

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 971 ft²
415 W 8th Street #D, Charlotte, NC, 28202 Listing by Laura Grant
Unit for rent at 300 5th Street, Charlotte, NC, 28202

$1,650 /mo

  • 1 Bed
  • 1 Bath
  • 686 ft²
300 5th Street #223, Charlotte, NC, 28202 Listing by Daryl Procunier
Unit for rent at 337 W 7th Street, Charlotte, NC, 28202

$5,500 /mo

  • 4 Beds
  • 3.5 Baths
  • 3,223 ft²
337 W 7th Street, Charlotte, NC, 28202 Listing by Nelson Grassi
Unit for rent at 529 Graham Street, Charlotte, NC, 28202

$1,550 /mo

  • 1 Bed
  • 1 Bath
  • 675 ft²
529 Graham Street #3G, Charlotte, NC, 28202 Listing by Wendy Dickinson
Unit for rent at 1140 W 1st Street, Charlotte, NC, 28202

$1,825 /mo

  • 2 Beds
  • 2 Baths
  • 950 ft²
1140 W 1st Street, Charlotte, NC, 28202 Listing by Crystal King
Unit for rent at 715 N Graham Street, Charlotte, NC, 28202

$6,750 /mo

  • 3 Beds
  • 3 Baths
  • 2,738 ft²
715 N Graham Street #603, Charlotte, NC, 28202 Listing by Shane McDevitt
Unit for rent at 1505 Seigle Avenue, Charlotte, NC, 28205

$2,600 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,300 ft²
1505 Seigle Avenue #B, Charlotte, NC, 28205 Listing by Miranda Wash

Frequently Asked Questions

What neighborhood is 2641 Rachel Street located in?
The 2641 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 2641 Rachel Street?
The average sales price for units in 2641 Rachel Street is $0 currently.

Quantcast