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3225 Reid Avenue

3225 Reid Avenue, Charlotte, NC 28208
House in Reid Park
Sold Jul 17, 2020
$150,000
$112,764 by Truist Bank
Mortgage Due Aug 01, 2050
Sold Jun 13, 2019
$136,000
3225 Reid Avenue has been categorized by the local assessors in Charlotte, NC as a residential type of property. The building on the property was first built in 2014 and is 10 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3225 Reid Avenue has 1,020 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,841 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. 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, 3225 Reid Avenue was last sold in Mar 19, 2020 for $150,000. According to our calculations, that's $147.06 per sqft. Prior to that sales transaction, the property was sold for $136,000 in Jun 13, 2019. Current property owners are expected to pay $1,287 in taxes per year. The property on 3225 Reid Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $279,300. To break that down further, the land itself was valued at $100,000. While improvements to the property were assessed at a total of $179,300. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Exterior

Vinyl Siding

Driveway

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

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 1,020
  • Gross Building Area: 1,020
  • Building Area: 1,020
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,020
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REID PARK
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L5 & 6 BI M6-114

Ownership

  • Current Owner : PHILLIPS LAUREEN
  • Current Owner 2: PHILLIPS LAUREEN A
  • Previous Owner : HABITAT FOR HUMANITY OF CHARLOTTE REGION
  • Owner Before Previous Owner: THAPA TEK
  • Owner Before Previous Owner 2: THAPA TEELA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Charlotte-Mecklenburg Schools
  • School Tax School District: CHARLOTTE
  • Census Tract: 003902

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 145-17
  • District: 1
  • Parcel: 145-176-03
  • Block: I
  • Lot: 5,6
  • Municipality: CHARLOTTE
  • Latitude: 35.2048
  • Longitude: -80.8975

    Address

  • Full Address: 3225 Reid Ave
  • Address - House Number: 3225
  • Address - Street Name: Reid
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C027
  • 4-Digit Zip Code: 7168
  • Zip Code: 28208

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,287
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1863
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 75
  • Final Value: 304,771
  • High Value: 361,579
  • Low Value: 247,963

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,764
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Jul 17, 2020
  • First Open Lien Mortgage Loan Amount: $112,764
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $279,300
  • Market Land Value: $100,000
  • Market Improvement Value: $179,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,300
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $179,300

    Sales

  • Current Sale Contract Date: Mar 19, 2020
  • Current Sale Recording Date: Jul 17, 2020
  • Current Sale Transaction ID: 11775423982
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020109355
  • Previous Sale Recording Date: Jun 13, 2019
  • Previous Sale Contract Date: Jun 13, 2019
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Jul 17, 2020
  • First Mortgage Loan Amount: $112,764
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

About Reid Park



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Frequently Asked Questions

What neighborhood is 3225 Reid Avenue located in?
The 3225 Reid Avenue is a house located in the neighborhood of Reid Park in Reid Park, Charlotte.
What is the average sales price for listings in 3225 Reid Avenue?
The average sales price for units in 3225 Reid Avenue is $150,000 , or $144/sqft. currently.

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