NOT LISTED FOR SALE

3901 Rea Rd Charlotte, NC 28226

Wessex Square Neighborhood

Estimated Value: $587,000 - $604,000

4 Beds
2 Baths
1,918 Sq Ft
$311/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $565,000 $295 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,412/month

About This Home

Welcome to your new home! This residence, situated on over half an acre, boasts a spacious and beautiful layout. Hardwood floors grace the main living areas, creating a seamless flow. The kitchen is adorned with granite countertops, an exquisite backsplash, and a charming butcher block peninsula. Recent upgrades include new windows and a HVAC system installed in 2019/2020. The sizable fenced backyard is an entertainer's dream, featuring an outdoor kitchen with a wood-burning oven and grill, a large pergola, patio, and an above-ground pool. Enjoy the luxury of modern amenities in a prime location with no HOA. Welcome home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 24, 2024
Sold by
Tonda Maria
Bought by
Slaughter Clayton and Slaughter Kendrick
Seller's Agent
Abigail Wilson
Keller Williams Ballantyne Area
Buyer's Agent
Jason Noblitt
Dickens Mitchener & Associates Inc
List Price
$550,000
Sold Price
$565,000
Premium/Discount to List
$15,000
2.73%
Views
360
Current Estimated Value
$597,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,192
Avg. Annual Appreciation
3.20%
Original Mortgage
$536,750
Outstanding Balance
$527,357
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$69,835

Purchase Details

Listed on
Dec 8, 2023
Closed on
Dec 11, 2023
Sold by
Tonda Hector Adolfo and Tonda Noemi
Bought by
Tonda Maria
Seller's Agent
Abigail Wilson
Keller Williams Ballantyne Area
Buyer's Agent
Jason Noblitt
Dickens Mitchener & Associates Inc
List Price
$550,000
Sold Price
$565,000
Premium/Discount to List
$15,000
2.73%
Views
360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,750
Outstanding Balance
$527,357
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$69,835

Purchase Details

Closed on
May 11, 2006
Sold by
Guzman Jose Luis and Guzman Luz Adriana
Bought by
Tonda Maria and Tonda Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
8.52%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 27, 2004
Sold by
Kambas Margaret
Bought by
Guzman Jose Luis and Guzman Luz Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Slaughter Clayton $565,000 Harbor City Title
Tonda Maria -- None Listed On Document
Tonda Maria $198,000 None Available
Guzman Jose Luis $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slaughter Clayton $536,750
Previous Owner Tonda Maria $158,400
Previous Owner Guzman Jose Luis $123,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2024 01/24/24 Sold $565,000 +2.7% $295 / Sq Ft View Prior Sale
12/12/2023 12/12/23 Pending -- -- --
12/08/2023 12/08/23 For Sale $550,000 -- $287 / Sq Ft

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 $3,250 $494,100 $166,500 $327,600
2024 $3,250 $408,900 $166,500 $242,400
2023 $3,138 $408,900 $166,500 $242,400
2022 $3,275 $326,400 $117,000 $209,400
2021 $3,264 $326,400 $117,000 $209,400
2020 $3,257 $326,400 $117,000 $209,400
2019 $3,241 $326,400 $117,000 $209,400
2018 $2,447 $180,900 $68,900 $112,000
2017 $2,405 $180,900 $68,900 $112,000
2016 $2,395 $180,900 $68,900 $112,000
2015 $2,384 $180,900 $68,900 $112,000
2014 $2,578 $195,900 $68,900 $127,000
Source: Public Records

Agents Affiliated with this Home

  • Abigail Wilson

    Seller's Agent in 2024

    Abigail Wilson

    Keller Williams Ballantyne Area

    (704) 491-3031

    1 in this area

    244 Total Sales

    Abigail Wilson
    Section Image
  • Jason Noblitt

    Buyer's Agent in 2024

    Jason Noblitt

    Dickens Mitchener & Associates Inc

    (704) 309-4889

    1 in this area

    89 Total Sales

    Jason Noblitt
    Section Image
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Map

North Carolina Mecklenburg County Charlotte 28226 Wessex Square

3901 Rea Rd, Charlotte, NC

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