NOT LISTED FOR SALE

1433 Rheo Ct NW Concord, NC 28027

Estimated Value: $298,000 - $360,000

3 Beds
3 Baths
1,686 Sq Ft
$192/Sq Ft Est. Value

About This Home

Please note, our homes are available on a first-come, first-serve basis and are not reserved until the lease is signed by all applicants and security deposits are collected.

This home features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at

Want to tour on your own? Click the “Self Tour” button on this home’s listing or call to register for a self-guided showing at a time that works best for you.

Don't miss your chance to live in this three-bedroom, two-and-a-half-bath rental home near Irish Buffalo Creek in Concord, NC. The charming two-story house features faux wood flooring throughout. A cozy fireplace, lighted ceiling fan, and sunny windows encourage you to linger in the living room. In the kitchen, dark cabinets provide a modern look along with stainless steel appliances and a walk-in pantry. Each of the home's bedrooms features high ceilings, large windows, and closet space. The main bedroom has a private bathroom with dual sinks, a huge mirror, a gorgeous garden tub, and a walk-in closet. Relax on the patio and admire the lovely trees in the backyard. To schedule a tour, call today. Utilities must be transferred into the resident’s name.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Progress Charlotte Llc
Bought by
Progress Residential Borrower 16 Llc
Current Estimated Value
$318,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,962,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 30, 2020
Sold by
Pierce Shanetta R and Pierce Kenneth L
Bought by
Progress Charlotte Llc

Purchase Details

Closed on
May 24, 2007
Sold by
Us Bank Na
Bought by
Pierce Kenneth L and Pierce Shanetta R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,053
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 2006
Sold by
Gaither Zelda S
Bought by
Us Bank Na and Home Equity Asset Trust 2005-3

Purchase Details

Closed on
Feb 9, 2005
Sold by
Homelife Communities Group Charlotte Inc
Bought by
Gaither Zelda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,120
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2005
Sold by
Gaither Charles and Gaither Zelda
Bought by
Gaither Zelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,120
Interest Rate
7.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Progress Residential Borrower 16 Llc -- None Available
Progress Charlotte Llc $194,000 None Available
Pierce Kenneth L $126,000 None Available
Us Bank Na $118,081 None Available
Gaither Zelda S $139,000 --
Gaither Zelda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Progress Residential Borrower 16 Llc $468,962,000
Previous Owner Pierce Kenneth L $124,053
Previous Owner Gaither Zelda S $111,120
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Off Market $1,900 -- --
11/26/2024 11/26/24 Price Changed $1,900 -3.1% $1 / Sq Ft
11/24/2024 11/24/24 Price Changed $1,960 +0.3% $1 / Sq Ft
11/21/2024 11/21/24 Price Changed $1,955 -0.3% $1 / Sq Ft
11/20/2024 11/20/24 Price Changed $1,960 -0.3% $1 / Sq Ft
11/06/2024 11/06/24 Price Changed $1,965 -0.3% $1 / Sq Ft
11/02/2024 11/02/24 Price Changed $1,970 +0.3% $1 / Sq Ft
10/31/2024 10/31/24 Price Changed $1,965 -0.3% $1 / Sq Ft
10/30/2024 10/30/24 Price Changed $1,970 +0.3% $1 / Sq Ft
10/27/2024 10/27/24 Price Changed $1,965 -0.3% $1 / Sq Ft
10/26/2024 10/26/24 Price Changed $1,970 +0.3% $1 / Sq Ft
10/19/2024 10/19/24 For Rent $1,965 -- --

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
2025 $2,873 $288,460 $69,000 $219,460
2024 $2,873 $288,460 $69,000 $219,460
2023 $2,025 $166,010 $40,000 $126,010
2022 $2,025 $166,010 $40,000 $126,010
2021 $2,025 $166,010 $40,000 $126,010
2020 $2,025 $166,010 $40,000 $126,010
2019 $1,401 $114,830 $22,000 $92,830
2018 $1,378 $114,830 $22,000 $92,830
2017 $1,355 $114,830 $22,000 $92,830
2016 $804 $115,620 $18,000 $97,620
2015 -- $115,620 $18,000 $97,620
2014 -- $115,620 $18,000 $97,620
Source: Public Records

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