Building Summary

Data last updated on: 4/6/2026     Ownership current as of: 3/30/2026     Tax Year: 2026
REID 1653127

 PIN # 1620-20-3168
Location Address Property Description
121 LAUREL DR PL:40-27
   
Property Owner Owner's Mailing Address
REAVIS, RANDALL WAYNE TRUSTEE;REAVIS, SHERRY ATCHLEY TRUSTEE;RANDALL AND SHERRY REAVIS LIVING TRUST
2350 HUDLOW RD
FOREST CITY NC 28043
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Building Location Address
121 LAUREL DR
Card   of  2        Section   of  1
Building Details

Building Name RE-MAX
Primary Occupancy Type 32-OFFICE
Primary Occupancy 29A-OFFICE
Primary Class PRE-ENGINEERED STEEL
Primary Quality AVERAGE+10
Year Built 1987
Effective Year 1987
Physical Depreciation (Rating) AVERAGE
Physical Depreciation (% Bad) 58.00%
Economic Depreciation (% Bad) 0%
Functional Depreciation (% Bad) 0%
Gross Leasable Area (SQFT) 4662
Remodeled Year
Total Stories 1

Section Details

Occupancy Type 32-OFFICE


Subfloor CONCRETE SLAB
Exterior Walls RIBBED MTL INSUL
Depreciation 58%
Depreciation AVERAGE
Air Conditioning PKG HEAT/COOLING
Full Baths 0
Half Baths 2
Additional Fixtures 2
Class PRE-ENGINEERED STEEL
Design and Style 1 STORY
Floors CARPET
Floors TILE ASPHALT
Foundation CONCRETE
Frame WOOD FRAME
Heat FORCED AIR O/G
12
Building Total & Improvement Details

Total Adjusted Replacement Cost New $262,531
Physical Depreciation (% Bad) 58.00%
Depreciated Value $110,263
Economic Depreciation (% Bad) 0%
Functional Depreciation (% Bad) 0%
Total Depreciated Value $110,263
Market Area Factor 1.00
Building Value $110,300
Misc Improvements Value $5,100
Total Improvement Value $115,400

Assessed Land Value $65,700
   
Assessed Total Value $233,800


Addition Summary 
StoryTypeCodeArea
1.00 CANOPY CAN 60
 
Other Improvements 
UnitsDescriptionItemCodeYear% BadValue
4000 UNITS ASPHALT PAVING 2012 55 5100
 


Building Sketch
Photograph
Building Sketch Building Photo
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