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Locust 28097 Redah Acres
708 Redah Avenue
$390,000
● House - Off Market

708 Redah Avenue

Locust, NC 28097
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,981 Ft²
$1,940
Est. Monthly

About This Property

Charming 1.5 story home in Locust, NC. Four bedroom, two bath home with three bedrooms, including primary, on main floor. Fourth bedroom/bonus room on upper floor. Friendly community, Redah Acres, with no HOA. Home sits on 0.39 acre lot and includes large attached deck. Home has new vinyl plank flooring throughout most of main floor, including primary bedroom. The other three bedrooms are carpeted. Fresh paint in great room, foyer, dining room, kitchen, hallway and primary bedroom. Primary has en-suite bath with garden tub, walk-in shower and oversized walk-in closet. Vaulted ceiling in great room. Home is close to Locust Town Center, shopping and restaurants.
Unit Size
1,981 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$199
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 8 months ago (CANOPYMLS #CAR4311073)

Price History

Date / Event Date Event Price
Mar 20, 2026 Sold
Premium
Sold
Feb 22, 2026 In contract -
In contract
Feb 4, 2026 Price Decreased $395,000
↓ $5K (1.3%)
Price Decreased
Dec 31, 2025 Price Decreased $400,000
↓ $5K (1.2%)
Price Decreased
Oct 11, 2025 Listed by Real Broker, LLC $405,000
Listed by Real Broker, LLC
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 5
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,026
  • Building Area: 2,026
  • Building Area Measurement: K

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,026
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REDAH ACRES PH 3
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: HSE 708 REDAH AVE LT 37 REDAH ACRES PH 3 557401195

Neighborhood

  • School District Name: Stanly County Schools
  • Census Tract: 930801

Zoning

  • Zoning: GR

Geography

  • Assessors Map Reference: MP 19 PG 35
  • Account Number: 1527035
  • District: 125
  • Parcel: 557401383439
  • Lot: 37
  • Municipality: FURR 1 TOWNSHIP
  • Latitude: 35.2486
  • Longitude: -80.4291

    Address

  • Full Address: 708 Redah Ave
  • Address - House Number: 708
  • Address - Street Name: Redah
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Locust
  • Carrier Code: R001
  • 4-Digit Zip Code: 8712
  • Zip Code: 28097

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $269,545
  • Tax Rate Code Area: 550:550

    Appraisal Valuation

  • Standard Deviation: 0.2586
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 63
  • Final Value: 385,942
  • High Value: 485,751
  • Low Value: 286,132

    Market Valuation

  • Market Total Value: $247,289
  • Market Land Value: $44,000
  • Market Improvement Value: $203,289

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,289
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $203,289

    Sales

  • Current Sale Contract Date: Oct 23, 2019
  • Current Sale Recording Date: Oct 24, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 414188
  • Previous Sale Recording Date: Jul 31, 2006
  • Previous Sale Contract Date: Jul 31, 2006
  • Previous Sale Amount: $202,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Redah Acres

Stats & Trends

Median Asking:

$427,990

Sale Price/ft²

$253

Below Asking

0.02%

Average Days on Market

129

Average Home Size

1715 ft²

Average Home Age

13.8 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 118 Pine Street, Locust, NC, 28097

$1,265 /mo

  • 2 Beds
  • 2 Baths
  • 1,134 ft²
118 Pine Street, Locust, NC, 28097 Listing by Dottie Ciarrocchi

Rentals Near You

Click here to view more rentals in the neighborhood.
CANOPYMLS

Listed by: Kevin Moore, Real Broker, LLC
Last Updated: 8 months ago
Data Source: CANOPYMLS, MLS# CAR4311073
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Frequently Asked Questions

When was property at 708 Redah Avenue built and last sold?
The property at 708 Redah Avenue was built in 2005 and last sold on Oct 23, 2019 for $255,000.
How much is this home worth?
The estimated value of the home located at 708 Redah Avenue is $0.
What are some comparable homes to 708 Redah Avenue?
There are currently no comparable homes to 708 Redah Avenue.
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