NOT LISTED FOR SALE

5005 Rea Rd Charlotte, NC 28226

Wessex Square Neighborhood

Estimated Value: $721,000 - $853,000

4 Beds
4 Baths
2,450 Sq Ft
$320/Sq Ft Est. Value

About This Home

This home is located at 5005 Rea Rd, Charlotte, NC 28226 and is currently estimated at $783,345, approximately $319 per square foot. 5005 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
Oct 1, 2003
Sold by
National Bank Of Commerce
Bought by
Foutz Kevin
Current Estimated Value
$783,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.45%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Foutz Kevin $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foutz Kevin P $217,000
Closed Foutz Kevin $232,000
Closed Foutz Kevin P $228,800
Closed Foutz Kevin $221,000
Closed Foutz Kevin $49,000
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 $4,635 $591,900 $180,000 $411,900
2023 $4,481 $591,900 $180,000 $411,900
2022 $3,463 $345,800 $102,000 $243,800
2021 $3,451 $345,800 $102,000 $243,800
2020 $3,444 $345,800 $102,000 $243,800
2019 $3,429 $345,800 $102,000 $243,800
2018 $3,853 $288,100 $72,000 $216,100
2017 $3,792 $288,100 $72,000 $216,100
2016 $3,783 $288,100 $72,000 $216,100
2015 $3,771 $288,100 $72,000 $216,100
2014 $3,927 $300,900 $72,000 $228,900
Source: Public Records

Map

North Carolina Mecklenburg County Charlotte 28226 Wessex Square

5005 Rea Rd, Charlotte, NC

This home is located at 5005 Rea Rd, Charlotte, NC 28226 and is currently estimated at $783,345, approximately $319 per square foot. 5005 Rea Rd is a home located in Mecklenburg County with nearby schools including Olde Providence Elementary, Carmel Middle, and South Mecklenburg High School.

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