NOT LISTED FOR SALE

11778 Red Bridge Rd Unit 4 Locust, NC 28097

Estimated Value: $269,000 - $357,430

2 Beds
3 Baths
1,484 Sq Ft
$208/Sq Ft Est. Value

About This Home

This home is located at 11778 Red Bridge Rd Unit 4, Locust, NC 28097 and is currently estimated at $309,358, approximately $208 per square foot. 11778 Red Bridge Rd Unit 4 is a home located in Cabarrus County with nearby schools including Bethel Elementary School, C.C. Griffin Middle School, and Central Cabarrus High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2023
Sold by
Brown Kelvin M and Brown Vernell L
Bought by
Scott Kim Lorenzo
Current Estimated Value
$309,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,877
Outstanding Balance
$271,294
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$38,064

Purchase Details

Closed on
Jun 8, 2016
Sold by
Charlestown Village Red Bridge Llc
Bought by
Brown Kelvin M and Brown Vernell L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scott Kim Lorenzo $269,000 Investors Title
Brown Kelvin M $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Kim Lorenzo $277,877
Previous Owner Brown Kelvin M $128,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,659 $245,110 $55,000 $190,110
2023 $1,940 $151,670 $40,000 $111,670
2022 $1,940 $151,670 $40,000 $111,670
2021 $1,940 $151,670 $40,000 $111,670
2020 $1,940 $151,670 $40,000 $111,670
2019 $1,737 $134,790 $30,000 $104,790
2018 $1,684 $134,790 $30,000 $104,790
2017 $1,588 $128,770 $30,000 $98,770
2016 $1,588 $132,510 $24,000 $108,510
2015 $1,609 $132,510 $24,000 $108,510
2014 $1,609 $132,510 $24,000 $108,510
Source: Public Records

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