4533 Rea Rd Charlotte, NC 28226
Wessex Square Neighborhood
2.1
Acres
$511,905
Price per Acre
91,476
Sq Ft Lot
About This Lot
As of March 2025Central location near the corner of Rea/Colony Road, over 2 acres with circular drive within sight of Colony Road Shopping Center. Home on property is sold as is/where is; seller will not make repairs. There are 2 parcels being sold in tandem. See attached Boundary Survey showing each parcel, and make note there is a storm drain easement and swim zone buffer on the side of the vacant lot parcel. This is a perfect opportunity to build your dream home nestled in complete privacy yet close to shopping, dining, schools, and other amenities. Builders, note N1-A zoning and excellent location for new construction! Buyer's agent to verify schools.
Last Agent to Sell the Property
Wood-Williams Realty LLC Brokerage Email: rhorn4@carolina.rr.com License #282179
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,889
Year Built
- 1969
Lot Details
- Partially Fenced Property
- Possible uses of the property include Residential
- Property is zoned N1-A, R-3
Schools
- Olde Providence Elementary School
- Carmel Middle School
- Myers Park High School
Utilities
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 211-593-17
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2025 03/28/25 | Sold | $1,075,000 | 0.0% | $347 / Sq Ft |
| 03/28/2025 03/28/25 | Sold | $1,075,000 | -21.8% | $347 / Sq Ft |
| 11/25/2024 11/25/24 | For Sale | $1,375,000 | 0.0% | $443 / Sq Ft |
| 11/22/2024 11/22/24 | For Sale | $1,375,000 | -- | $443 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
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 |
|---|---|---|---|---|
| 2023 | $5,889 | $757,500 | $175,000 | $582,500 |
| 2022 | $5,297 | $535,900 | $202,500 | $333,400 |
| 2021 | $5,286 | $535,900 | $202,500 | $333,400 |
| 2020 | $5,279 | $535,900 | $202,500 | $333,400 |
| 2019 | $5,263 | $535,900 | $202,500 | $333,400 |
| 2018 | $4,437 | $332,600 | $85,500 | $247,100 |
| 2017 | $4,368 | $332,600 | $85,500 | $247,100 |
| 2016 | -- | $332,600 | $85,500 | $247,100 |
| 2015 | $4,347 | $332,600 | $85,500 | $247,100 |
| 2014 | $4,334 | $332,600 | $85,500 | $247,100 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $18,799 | Unknown |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,075,000 | Chicago Title | |
| Warranty Deed | $12,500 | -- |
Source: Public Records
Similar Properties in Charlotte, NC
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: 4203213
APN: 211-593-17
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