NOT LISTED FOR SALE

5116 Wheat Dr SW Concord, NC 28027

Estimated Value: $288,418 - $312,000

3 Beds
2 Baths
1,110 Sq Ft
$270/Sq Ft Est. Value

About This Home

This home is located at 5116 Wheat Dr SW, Concord, NC 28027 and is currently estimated at $299,855, approximately $270 per square foot. 5116 Wheat Dr SW is a home located in Cabarrus County with nearby schools including Pitts School Road Elementary School, Jay M. Robinson High School, and A.C.E. Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2020
Sold by
Luxor Sfr Spv 1 Llc
Bought by
Alto Asset Company 2 Llc
Current Estimated Value
$299,855

Purchase Details

Closed on
Aug 30, 2019
Sold by
Becker Kevin S and Becker Nella
Bought by
Luxor Sfr Spv 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 1999
Sold by
Cherry Homes Inc
Bought by
Becker Kevin S and Becker Nell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,317
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 1999
Sold by
Bw Homes Inc
Bought by
Cherry Homes Inc

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Alto Asset Company 2 Llc $10,374,500 None Available
Luxor Sfr Spv 1 Llc $148,500 None Available
Becker Kevin S $106,500 --
Cherry Homes Inc $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luxor Sfr Spv 1 Llc $215,000,000
Previous Owner Becker Kevin S $105,873
Previous Owner Becker Kevin S $35,000
Previous Owner Becker Kevin S $105,317
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 $2,716 $272,690 $60,000 $212,690
2023 $1,801 $147,660 $40,000 $107,660
2022 $1,801 $147,660 $40,000 $107,660
2021 $1,801 $147,660 $40,000 $107,660
2020 $1,801 $147,660 $40,000 $107,660
2019 $1,320 $108,200 $25,000 $83,200
2018 $1,298 $108,200 $25,000 $83,200
2017 $1,277 $108,200 $25,000 $83,200
2016 $757 $96,080 $20,000 $76,080
2015 -- $96,080 $20,000 $76,080
2014 -- $96,080 $20,000 $76,080
Source: Public Records

Map

North Carolina Cabarrus County Concord 28027

5116 Wheat Dr SW, Concord, NC

Homes for Sale in Concord, NC

This home is located at 5116 Wheat Dr SW, Concord, NC 28027 and is currently estimated at $299,855, approximately $270 per square foot. 5116 Wheat Dr SW is a home located in Cabarrus County with nearby schools including Pitts School Road Elementary School, Jay M. Robinson High School, and A.C.E. Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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