5020 Rea Road

5020 Rea Road in Charlotte, NC was first built in 1973 and is 51 years old. Although, the building on the property was most recently renovated and altered in 1980. 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. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 5020 Rea Road has 3,731 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 13,068 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of wood. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 5020 Rea Road was last sold in May 31, 2006 for $336,000. According to our calculations, that's $90.06 per sqft. Prior to that sales transaction, the property was sold for $205,000 in Aug 18, 2000. Current property owners are expected to pay $3,725 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 5020 Rea Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $602,400. To break that down further, the land itself was valued at $129,500. While improvements to the property were assessed at a total of $472,900. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.