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7409 Lee Rea Road

7409 Lee Rea Road, Charlotte, NC 28226
Sold Dec 10, 2021
$1,015,000
$790,000 by Rocket Mortgage Llc
Mortgage Due Jan 01, 2052
Sold Aug 01, 2013
$845,000
$802,750 by Suntrust Mortgage Inc
Mortgage Due Sep 01, 2043
7409 Lee Rea Road 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 2001 and is 23 years old. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7409 Lee Rea Road has 4,211 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 17,119 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 694 sqft. Residents will have the luxury of enjoying both a open porch and a patio. 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 A by the local assessor. The building has a hip style roof made of wood. The exterior walls of the building are made of brick. 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 gas. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Dec 10, 2021 for $1,015,000. That's $241.04 per sqft. Prior to that sales transaction, the property was also sold in Aug 1, 2013 for $845,000. 7409 Lee Rea Road was last assessed in 2023. The total value of the property was assessed at $1,169,800. Specifically, the land the property is located on was valued at $400,000. While improvements on the property were assessed at a total of $769,800. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $8,732. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Unknown
  • Exterior Walls Type: Brick
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 694
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,119
  • Total Building Area: 4,211
  • Gross Building Area: 4,211
  • Building Area: 4,211
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 4,211
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONECROFT PH 01 MAP 01
  • Land Acres: 0.393
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L45 M33-731

Ownership

  • Current Owner : MOORE MICHAEL ERNIE
  • Current Owner 2: MOORE MARIE MURPHY
  • Previous Owner : HEROMAN JAMES W
  • Previous Owner 2: HEROMAN KRISTA
  • Owner Before Previous Owner: DEMORDAUNT LORIN J
  • Owner Before Previous Owner 2: DEMORDAUNT COURTNEY I
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: May 03, 2023

Neighborhood

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

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 211-24
  • District: 1
  • Parcel: 211-242-38
  • Block: 2
  • Lot: 45
  • Municipality: CHARLOTTE
  • Latitude: 35.1118
  • Longitude: -80.8061

    Address

  • Full Address: 7409 Lee Rea Rd
  • Address - House Number: 7409
  • Address - Street Name: Lee Rea
  • Address - Suffix Type: Rd
  • State: NC
  • City Name: Charlotte
  • Carrier Code: C010
  • 4-Digit Zip Code: 7598
  • Zip Code: 28226

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,732
  • Tax Rate Code Area: CITY OF CH

    Appraisal Valuation

  • Standard Deviation: 0.1831
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 76
  • Final Value: 1,154,742
  • High Value: 1,366,287
  • Low Value: 943,197

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $940,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 10, 2021
  • First Open Lien Mortgage Loan Amount: $790,000
  • 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: Jan 01, 2052
  • Second Open Lien Mortgage Lender: TOWNEBANK
  • Second Open Lien Mortgage Recording Date: Feb 28, 2023
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 419
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 17, 2058

    Market Valuation

  • Market Total Value: $1,169,800
  • Market Land Value: $400,000
  • Market Improvement Value: $769,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,169,800
  • Assessed Land Value: $400,000
  • Assessed Improvements Value: $769,800

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Transaction ID: 11875061245
  • Current Sale Price: $1,015,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021233493
  • Previous Sale Recording Date: Aug 01, 2013
  • Previous Sale Contract Date: Aug 01, 2013
  • Previous Sale Amount: $845,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 10, 2021
  • First Mortgage Loan Amount: $790,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Aug 01, 2013
  • Previous Mortgage Loan Amount: $802,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2043

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Frequently Asked Questions

What neighborhood is 7409 Lee Rea Road located in?
The 7409 Lee Rea Road is a located in the neighborhood of Olde Providence South in Olde Providence South, Charlotte.
What is the average sales price for listings in 7409 Lee Rea Road?
The average sales price for units in 7409 Lee Rea Road is $0 currently.

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