NOT LISTED FOR SALE

5140 Wheat Dr SW Concord, NC 28027

Estimated Value: $328,000 - $386,000

3 Beds
2 Baths
1,428 Sq Ft
$241/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $330,000 $231 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,200/month

7 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • 1 Car Garage
  • Pitts School Road Elementary School Rated A-
  • Wood Flooring
  • Front Porch

About This Home

As of July 2023

This adorable house is picture perfect & move-in ready! All the updates have been done for you! The heart of the home features a beautifully updated kitchen with granite countertops, tile backsplash, island, SS appliances, & tons of storage. Great open concept living room with vaulted ceiling, & lovely prefinished wood flooring throughout main. Added bonus room adjacent to kitchen offers endless possibilities. Ideal split floor plan with granite countertops & tile flooring in both bathrooms. Nice flat .24-acre lot boasts fully fenced backyard w/large 25x25 patio area, shed, covered front porch, & ample parking with extended driveway. BRAND NEW HVAC 3/2023, Roof 2017, freshly painted interior. Location..Location..Location..Walk to elementary, minutes to Concord Mills, Charlotte Motor Raceway, Restaurants & Highways. And NO HOA!! Don't miss out on this opportunity.

Last Listed By

Cheryl Siegfried

Redfin Corporation License #329494 Listed on: 06/14/2023

Redfin Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,276

Year Built

  • Built in 1997

Lot Details

  • Back Yard Fenced
  • Level Lot
  • Property is zoned RC

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,428 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Crawl Space
  • Storm Windows

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Patio
  • Shed
  • Front Porch

Schools

  • Pitts Elementary School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Cochran Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5508-95-1176-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,276

Year Built

Built in 1997

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1997
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 231.09
  • Geocode Confidence: Medium
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Interior Amenities: Kitchen Island, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1428
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Water Heater, Microwave, Refrigerator
  • Above Grade Finished Sq Ft: 1428
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Living Area: 1428
  • Window Features: Storm Window(s)
  • Bedroom Main: 3
  • Room Count: 8

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Fencing: Back Yard, Fenced
  • Construction Type: Aluminum, Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Detached Garage

Utilities

  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Hall
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Heat Pump
  • Utilities: Cable Connected, Electricity Connected
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.24
  • Lot Size Units: Acres
  • Parcel Number: 5508-95-1176-0000
  • Zoning: RC
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Pitts School
  • High School: Unspecified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Jul 26, 2023
Sold by
Workman Dwight A and Workman Jessica
Bought by
Sharon Young Revocable Living Trust and Young
Seller's Agent
Cheryl Siegfried
Redfin Corporation
Buyer's Agent
Lottie Young
HomeRiver Group
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%
Total Days on Market
7
Views
64
Current Estimated Value
$344,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,270
Avg. Annual Appreciation
2.33%

Purchase Details

Closed on
Mar 21, 2016
Sold by
Acito Giuseppe and Turano Daniela
Bought by
Workman Dwight A and Gray Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2014
Sold by
Wold Teresa D and Wold Robert J
Bought by
Secretary Of Hud

Purchase Details

Closed on
Oct 8, 2008
Sold by
Wold Robert J and Wold Teresa D
Bought by
Wold Robert J and Wold Teresa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,727
Interest Rate
6.36%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 2005
Sold by
Quickel Michael M and Quickel Paula W
Bought by
Thomas Teresa Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,269
Interest Rate
5.66%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 1997

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
Sharon Young Revocable Living Trust $330,000 None Listed On Document
Workman Dwight A $155,000 Master Title Agency Llc
Secretary Of Hud $157,845 None Available
Wold Robert J -- None Available
Thomas Teresa Dawn $112,000 --
-- $23,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Workman Dwight A $163,250
Previous Owner Workman Dwight A $147,250
Previous Owner Acito Giuseppe $106,000
Previous Owner Acito Giuseppe $92,500
Previous Owner Wold Teresa D $111,372
Previous Owner Wold Robert J $109,727
Previous Owner Thomas Teresa Dawn $110,269
Previous Owner Quickel Michael M $69,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $330,000 0.0% $231 / Sq Ft
06/21/2023 06/21/23 Price Changed $330,000 -2.9% $231 / Sq Ft
06/14/2023 06/14/23 For Sale $340,000 -- $238 / 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
2024 $3,276 $328,950 $60,000 $268,950
2023 $2,182 $178,850 $40,000 $138,850
2022 $2,182 $178,850 $40,000 $138,850
2021 $2,182 $178,850 $40,000 $138,850
2020 $2,182 $178,850 $40,000 $138,850
2019 $1,746 $143,100 $25,000 $118,100
2018 $1,717 $143,100 $25,000 $118,100
2017 $1,689 $143,100 $25,000 $118,100
2016 $929 $119,880 $20,000 $99,880
2015 $1,366 $115,720 $20,000 $95,720
2014 $1,366 $115,720 $20,000 $95,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4036230

Canopy MLS (Canopy Realtor® Association)

APN: 5508-95-1176-0000