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75 Reed Street Northeast

75 Reed Street Northeast, Concord, NC 28025
Property in Brookwood North
Sold Feb 24, 2021
$118,500
$120,500 by Local Government Fcu
Mortgage Due Mar 01, 2051
Sold Jul 25, 2008
$86,000
$84,572 by Taylor Bean & Whitaker Mortgag
Mortgage Due Aug 01, 2038
Local assessors in Concord, NC have categorized 75 Reed Street Northeast as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 6,370 square feet. The linear feet between the front and back of the lot was measured at 910 ft and the front of the lot was measured at 700 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 75 Reed Street Northeast has a total of 864 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a offsite garage for those who need a place to park their vehicle. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is 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, 75 Reed Street Northeast was last sold in Feb 24, 2021 for $118,500. According to our calculations, that's $137.15 per sqft. Prior to that sales transaction, the property was sold for $86,000 in Jul 24, 2008. Current property owners are expected to pay $1,176 in taxes per year. The property on 75 Reed Street Northeast was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $96,380. To break that down further, the land itself was valued at $22,500. While improvements to the property were assessed at a total of $73,880. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Offsite
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,370
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 700
  • Total Building Area: 864
  • Gross Building Area: 940
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 864
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WHITE PARKS MILL CO
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 30 WHITE PARKS MILL CO

Ownership

  • Current Owner : ORTIZ RUBEN XAVIER
  • Previous Owner : MASON LAURIE
  • Previous Owner 2: MASON DEREK
  • Owner Before Previous Owner: FISHER JASON M
  • Owner Before Previous Owner 2: FISHER JENNIFER M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Cabarrus County Schools
  • School Tax School District: 02-JACKSON PARK
  • Census Tract: 042300

Zoning

  • Zoning: RM-2

Geography

  • Account Number: 58691
  • District: 12
  • Parcel: 5621 90 7215
  • Lot: 30
  • Municipality: CONCORD
  • Latitude: 35.4165
  • Longitude: -80.5785

    Address

  • Full Address: 75 Reed St Ne
  • Address - House Number: 75
  • Street Segment Direction: NE
  • Address - Street Name: Reed
  • Address - Suffix Type: St
  • State: NC
  • City Name: Concord
  • Carrier Code: C007
  • 4-Digit Zip Code: 3440
  • Zip Code: 28025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,176
  • Tax Rate Code Area: CI02

    Appraisal Valuation

  • Standard Deviation: 0.2097
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 71
  • Final Value: 202,717
  • High Value: 245,240
  • Low Value: 160,194

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,500
  • First Open Lien Mortgage Lender: LOCAL GOVERNMENT FCU
  • First Open Lien Mortgage Recording Date: Feb 24, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $120,500
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $96,380
  • Market Land Value: $22,500
  • Market Improvement Value: $73,880

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,380
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $73,880

    Sales

  • Current Sale Contract Date: Feb 24, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Transaction ID: 11822777068
  • Current Sale Price: $118,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 25, 2008
  • Previous Sale Contract Date: Jul 24, 2008
  • Previous Sale Amount: $86,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOCAL GOVERNMENT FCU
  • First Mortgage Transaction Date: Feb 24, 2021
  • First Mortgage Loan Amount: $120,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • Previous Mortgage Transaction Date: Jul 25, 2008
  • Previous Mortgage Loan Amount: $84,572
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2038

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Frequently Asked Questions

What neighborhood is 75 Reed Street Northeast located in?
The 75 Reed Street Northeast is a located in the neighborhood of Brookwood North in Brookwood North, Concord.
What is the average sales price for listings in 75 Reed Street Northeast?
The average sales price for units in 75 Reed Street Northeast is $0 currently.

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