NOT LISTED FOR SALE

1508 Wheaton Way NW Concord, NC 28027

Estimated Value: $577,631 - $632,000

3 Beds
2.5 Baths
2,647 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $329,000 $124 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,646/month

36 Days on Market

Highlights

  • Clubhouse
  • Engineered Wood Flooring
  • Community Pool
  • Traditional Architecture
  • Corner Lot
  • Tennis Courts

About This Home

As of May 2017

MOTIVATED SELLERS! This meticulously maintained 2-story home in desirable Carriage Downs is MOVE IN READY! Full Brick home on beautifully landscaped .75 acre corner lot. Home features 3 bedrooms, 2.5 baths, PLUS large bonus room, dual staircase, formal living, dining room & great room with fireplace. Inviting kitchen features SS appliances & granite. Huge screened in porch and deck to enjoy the backyard. Freshly painted, new family room carpet, new windows. Hurry, it will not last!!

Last Agent to Sell the Property

Paula Fessler

Southern Homes of the Carolinas, Inc License #277723 Listed on: 02/10/2017

Last Buyer's Agent

Susan Combs

RE/MAX Leading Edge License #239709

RE/MAX Leading Edge

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • Corner Lot

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Gas Log Fireplace
  • Insulated Windows
  • Crawl Space
  • Pull Down Stairs to Attic

Flooring

  • Engineered Wood
  • Tile

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5600-02-7702-0000

Community Details

Overview

  • Carriage Downs Association, Phone Number (704) 784-1370

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

HOA Fees

$45 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.97917
  • Ratio Close Price By Original Li: 0.96199
  • Ratio Current Price By Acre: 438666.67
  • Ratio Current Price By Sq Ft: 124.29
  • Year Built: 1986
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Crawl Space
  • Upper Level Sq Ft: 1436
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Range, Ice Maker Connection, Microwave, Refrigerator, Self Cleaning Oven, Security System, Natural Gas, Electric Oven
  • Fireplace Description: FAMILYRM, Gas Logs, Gas Vented
  • Fireplace: Yes
  • Flooring: Prefinished Wood, Tile, Carpet
  • H O A Management Phone: 704-784-1370
  • Interior Amenities: Attic Stairs Pulldown, Cable Available
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 1211
  • Total Sq Ft: 2647

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Gas Hot Air Furnace, Multizone A/C, Natural Gas
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Club House, Outdoor Pool, Tennis Court(s)
  • Association Fee: 135.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Carriage Downs
  • Hoa Subject To Dues: Mandatory

Schools

  • Elementary School: Carl A. Furr
  • Middle School: Harold E Winkler
  • High School: Jay M. Robinson

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.750
  • Parcel Number: 5600-02-7702-0000
  • Zoning Specification: RL

Tax Info

  • Tax Value: 302150.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2017
Closed on
May 1, 2017
Sold by
Defeo Frank M and Defeo Karen M
Bought by
Bates Matthew C and Bates Meredith A
Seller's Agent
Paula Fessler
Southern Homes of the Carolinas, Inc
Buyer's Agent
Susan Combs
RE/MAX Leading Edge
List Price
$342,000
Sold Price
$329,000
Premium/Discount to List
-$13,000
-3.8%
Current Estimated Value
$599,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,908
Avg. Annual Appreciation
7.35%
Original Mortgage
$246,750
Outstanding Balance
$206,319
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$393,589

Purchase Details

Closed on
May 13, 2015
Sold by
Frost Donald G and Frost Kathryn S
Bought by
Defeo Frank M and Thompson Karen Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1988
Bought by
Frost Donald G and Frost Kathryn S
Source: Public Records

Range of Values:

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Average Value
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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
Bates Matthew C $329,000 None Available
Defeo Frank M $303,000 Chicago Title
Frost Donald G $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bates Matthew C $246,750
Previous Owner Defeo Frank M $242,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2017 05/01/17 Sold $329,000 -3.8% $124 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $342,000 -- $129 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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
2025 $5,043 $506,320 $130,000 $376,320
2024 $5,043 $506,320 $130,000 $376,320
2023 $4,602 $377,180 $70,000 $307,180
2022 $4,021 $329,600 $70,000 $259,600
2021 $4,021 $329,600 $70,000 $259,600
2020 $4,021 $329,600 $70,000 $259,600
2019 $3,686 $302,150 $63,000 $239,150
2018 $3,626 $302,150 $63,000 $239,150
2017 $3,565 $302,150 $63,000 $239,150
2016 $2,115 $279,100 $63,000 $216,100
2015 $3,293 $279,100 $63,000 $216,100
2014 $3,293 $279,100 $63,000 $216,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3248878

Canopy MLS (Canopy Realtor® Association)

APN: 5600-02-7702-0000