5001 Rea Rd Charlotte, NC 28226
Wessex Square NeighborhoodEstimated Value: $932,000 - $1,192,000
4
Beds
3
Baths
4,050
Sq Ft
$258/Sq Ft
Est. Value
About This Home
This home is located at 5001 Rea Rd, Charlotte, NC 28226 and is currently estimated at $1,043,907, approximately $257 per square foot. 5001 Rea Rd is a home located in Mecklenburg County with nearby schools including Olde Providence Elementary, Carmel Middle, and South Mecklenburg High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 6, 2011
Sold by
Qureshi Aamer A and Shalkh Naila
Bought by
Kallikadavil Arun and Rayaprolu Sushila D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Outstanding Balance
$234,317
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$809,590
Purchase Details
Closed on
Jul 26, 2002
Sold by
Rea Gardens Llc
Bought by
Qureshi Aamer A and Shalkh Naila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,500
Interest Rate
6.67%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kallikadavil Arun | $390,000 | Fourseasons Title | |
| Qureshi Aamer A | $410,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kallikadavil Arun | $351,000 | |
| Previous Owner | Qureshi Aamer A | $389,500 |
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 | $6,822 | $880,700 | $180,000 | $700,700 |
| 2024 | $6,822 | $880,700 | $180,000 | $700,700 |
| 2023 | $6,599 | $880,700 | $180,000 | $700,700 |
| 2022 | $5,071 | $512,500 | $102,000 | $410,500 |
| 2021 | $5,060 | $512,500 | $102,000 | $410,500 |
| 2020 | $5,053 | $512,500 | $102,000 | $410,500 |
| 2019 | $5,037 | $512,500 | $102,000 | $410,500 |
| 2018 | $6,049 | $455,500 | $72,000 | $383,500 |
| 2017 | $5,959 | $455,500 | $72,000 | $383,500 |
| 2016 | $5,949 | $455,500 | $72,000 | $383,500 |
| 2015 | $5,938 | $455,500 | $72,000 | $383,500 |
| 2014 | $6,225 | $479,800 | $72,000 | $407,800 |
Source: Public Records
Map
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