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2900 Rea Road

2900 Rea Road, Charlotte, NC 28226
Sold Apr 02, 2020
$377,000
$365,690 by Southern Trust Mortgage Llc
Mortgage Due May 01, 2050
Sold Apr 27, 2012
$288,000
$213,000 by Wells Fargo Bank Na
Mortgage Due May 01, 2042
Local assessors in Charlotte, NC have categorized 2900 Rea Road as a residential type of property. The home was built in 1978 and is 46 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 20,909 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2900 Rea Road has a total of 2,332 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of concrete were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2900 Rea Road was last sold in Mar 30, 2020 for $377,000. According to our calculations, that's $161.66 per sqft. Prior to that sales transaction, the property was sold for $288,000 in Apr 26, 2011. Current property owners are expected to pay $3,323 in taxes per year. The property on 2900 Rea Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $519,900. To break that down further, the land itself was valued at $162,000. While improvements to the property were assessed at a total of $357,900. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

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

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Unknown
  • Exterior Walls Type: Concrete
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 2,332
  • Gross Building Area: 2,332
  • Building Area: 2,332
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,332
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COOL SPGS
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L1 M18-115

Ownership

  • Current Owner : DRAYTON LAUREL LYNNETTE
  • Current Owner 2: DRAYTON HERBERT
  • Previous Owner : MASLAK JOSEPH
  • Previous Owner 2: MASLAK AMANDA M
  • Owner Before Previous Owner: MOORE DANIEL SEATON
  • Owner Before Previous Owner 2: MOORE TINA SUZANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 003013

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 211-04
  • District: 1
  • Parcel: 211-041-56
  • Block: 1
  • Lot: 1
  • Municipality: CHARLOTTE
  • Latitude: 35.1136
  • Longitude: -80.786

    Address

  • Full Address: 2900 Rea Rd
  • Address - House Number: 2900
  • Address - Street Name: Rea
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Charlotte
  • Carrier Code: R033
  • 4-Digit Zip Code: 3068
  • Zip Code: 28226

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,323
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1672
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 78
  • Final Value: 549,176
  • High Value: 641,008
  • Low Value: 457,344

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $365,690
  • First Open Lien Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 02, 2020
  • First Open Lien Mortgage Loan Amount: $365,690
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $519,900
  • Market Land Value: $162,000
  • Market Improvement Value: $357,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $519,900
  • Assessed Land Value: $162,000
  • Assessed Improvements Value: $357,900

    Sales

  • Current Sale Contract Date: Mar 30, 2020
  • Current Sale Recording Date: Apr 02, 2020
  • Current Sale Transaction ID: 11759810629
  • Current Sale Price: $377,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020046726
  • Previous Sale Recording Date: Apr 27, 2012
  • Previous Sale Contract Date: Apr 26, 2011
  • Previous Sale Amount: $288,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOUTHERN TRUST MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 02, 2020
  • First Mortgage Loan Amount: $365,690
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 27, 2012
  • Previous Mortgage Loan Amount: $213,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2042

About Olde Providence South



Similar Buildings

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Nearby Rentals

Unit for rent at 6908 Lancer Drive, Charlotte, NC, 28226

$3,700 /mo

  • 4 Beds
  • 3 Baths
  • 2,087 ft²
6908 Lancer Drive, Charlotte, NC, 28226 Listing by Jim Acord

Frequently Asked Questions

What neighborhood is 2900 Rea Road located in?
The 2900 Rea Road is a house located in the neighborhood of Olde Providence South in Olde Providence South, Charlotte.
What is the average sales price for listings in 2900 Rea Road?
The average sales price for units in 2900 Rea Road is $0 currently.

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