Landlord's Agent in 2023
Nancy Braun
Carolina Property Management LLC
(704) 997-3794
575 Total Sales
5132 Rea Rd Charlotte, NC 28226
Olde Providence South NeighborhoodEstimated Value: $622,000 - $841,000
3
Beds
2
Baths
2,384
Sq Ft
$307/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Corner Lot
- Patio
- Olde Providence Elementary Rated A-
- Lawn
- Laundry Room
About This Home
As of December 2023Ballantyne area 3 bed, 2 bath duplex is recently updated. Featuring granite counters, Stainless Steel appliances, and a charming private back patio. Large living room w/vaulted ceiling & ceiling fan with brick surround fireplace. Ceramic tile floor in Living Room, Kitchen and breakfast area. This South Charlotte home combines style and functionality. It has brand new installed Bali mini-blinds. With its recent updates, this home is move-in ready and perfect for those who appreciate modern finishes. 1-2 cats or dogs are allowed not exceeding 10 pounds. Water, yard care, washer and dryer are included in the lease amount. School Assignment Myers Park Enjoy the convenience of a great location and make 5132 Rea Rd your own personal retreat. Don't miss out on this fantastic opportunity! Parking is available for 2 cars only.
Last Agent to Rent the Property
Carolina Property Management LLC Brokerage Email: Nancy@carolinaspropertymanagement.com License #183393 Listed on: 07/20/2023
Last Renter's Agent
Carolina Property Management LLC Brokerage Email: Nancy@carolinaspropertymanagement.com License #183393 Listed on: 07/20/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Lot Details
- Corner Lot
- Lawn
Home Design
- Duplex
- Traditional Architecture
- Slab Foundation
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Wood Burning Fireplace
- Living Room with Fireplace
- Tile Flooring
- Pull Down Stairs to Attic
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Electric Dryer Hookup
Parking
- Attached Carport
- 1 Open Parking Space
Schools
- Olde Providence Elementary School
- Carmel Middle School
- Myers Park High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Additional Features
- More Than Two Accessible Exits
- Patio
Listing and Financial Details
- Security Deposit $1,800
- Property Available on 7/20/23
- Tenant pays for electricity
- 12-Month Minimum Lease Term
- Assessor Parcel Number 211-233-13
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2022
Closed on
Apr 13, 2022
Sold by
Hight Nicole B and Hight Larnel J
Bought by
Peters Mark W
Seller's Agent
Dee Drobonick
Allen Tate Charlotte South
Buyer's Agent
Joan Hoffman
Allen Tate SouthPark
List Price
$530,000
Sold Price
$570,000
Premium/Discount to List
$40,000
7.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,124
Avg. Annual Appreciation
7.54%
Purchase Details
Listed on
Aug 29, 2014
Closed on
Mar 5, 2015
Sold by
Dellinger Henry Stephen and Dellinger Linda
Bought by
Hight Nicole B
Seller's Agent
Georgia Marks
Allen Tate Charlotte South
Buyer's Agent
Dee Drobonick
Allen Tate Charlotte South
List Price
$295,000
Sold Price
$258,000
Premium/Discount to List
-$37,000
-12.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%
Original Mortgage
$190,500
Interest Rate
3.69%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 12, 1981
Bought by
Margerum Raymond and Margerum Pat
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Peters Mark W | $570,000 | None Listed On Document | |
| Hight Nicole B | $258,000 | Barristers Title Svcs Of The | |
| Margerum Raymond | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hight Nicole B | $190,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Rented | $1,800 | 0.0% | -- |
| 11/14/2023 11/14/23 | Price Changed | $1,800 | -10.0% | $1 / Sq Ft |
| 08/23/2023 08/23/23 | Price Changed | $2,000 | -16.5% | $1 / Sq Ft |
| 08/07/2023 08/07/23 | Price Changed | $2,395 | -4.2% | $1 / Sq Ft |
| 07/20/2023 07/20/23 | For Rent | $2,500 | 0.0% | -- |
| 04/13/2022 04/13/22 | Sold | $570,000 | +7.5% | $239 / Sq Ft |
| 03/27/2022 03/27/22 | Pending | -- | -- | -- |
| 03/26/2022 03/26/22 | For Sale | $530,000 | +105.4% | $222 / Sq Ft |
| 02/26/2015 02/26/15 | Sold | $258,000 | -12.5% | $110 / Sq Ft |
| 01/27/2015 01/27/15 | Pending | -- | -- | -- |
| 08/29/2014 08/29/14 | For Sale | $295,000 | -- | $126 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
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 | -- | $556,300 | $157,300 | $399,000 |
| 2023 | $4,359 | $556,300 | $157,300 | $399,000 |
| 2022 | $3,582 | $345,200 | $102,000 | $243,200 |
| 2021 | $3,560 | $345,200 | $102,000 | $243,200 |
| 2020 | $3,546 | $345,200 | $102,000 | $243,200 |
| 2019 | $3,514 | $345,200 | $102,000 | $243,200 |
| 2018 | $3,886 | $285,000 | $112,500 | $172,500 |
| 2017 | $3,815 | $285,000 | $112,500 | $172,500 |
| 2016 | $3,796 | $285,000 | $112,500 | $172,500 |
| 2015 | $3,773 | $285,000 | $112,500 | $172,500 |
| 2014 | $3,739 | $285,000 | $112,500 | $172,500 |
Source: Public Records
Agents Affiliated with this Home
-
Nancy Braun
-
Dee Drobonick
Seller's Agent in 2022
Dee Drobonick
Allen Tate Realtors
(704) 641-5960
1 in this area
26 Total Sales
-
J
Buyer's Agent in 2022
Joan Hoffman
Allen Tate Realtors
-
G
Seller's Agent in 2015
Georgia Marks
Allen Tate Realtors
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4047798
APN: 211-233-13
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