7451 Red Mulberry Way

7451 Red Mulberry Way 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 2016 and is 8 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7451 Red Mulberry Way has 1,512 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 2,801 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. 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 B 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 gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7451 Red Mulberry Way sold most recently in Feb 8, 2024 for a total of $312,500. If you work out the math, that's approximately a cost of $206.68 per sqft. Before that, the property was also sold for $208,500 in Feb 15, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,940 in taxes each year. 7451 Red Mulberry Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $315,400. If we break it down further, the land itself was valued at $70,000. Improvements to the property, however, were assessed at a total of $245,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.