$139,000
SOLD JAN 4, 2019

5145 Wheat Dr SW Concord, NC 28027

3 Beds
2 Baths
1,374 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$101 Per Sq Ft

1% Above List Price

11 Days on Market

Highlights

  • Shed
  • Pitts School Road Elementary School Rated A-
  • Vinyl Flooring

About This Home

As of February 2019

One story ranch home with 3 bedrooms and 2 full baths on .23 acres in Cochran Farms. NO HOA! Vaulted ceilings. Fenced backyard. Great schools and low Cabarrus taxes. Convenient location to Charlotte, Concord and Harrisburg. Court ordered judicial sale. Property will go thru 10 day upset bid period. Minimum 3% EMD required. Upset bids require a 5% increase. Property sold AS IS, seller can not make repairs. Property is perfect for first time homebuyers or investors.

Last Agent to Sell the Property

LISA WILLIAMS

ProStead Realty License #273914

Last Buyer's Agent

Sami Bianouni

Ethics Realty Inc License #258842

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Home Design

  • Vinyl Siding

Additional Features

  • Vinyl Flooring
  • 2 Full Bathrooms
  • Crawl Space
  • Shed

Listing and Financial Details

  • Assessor Parcel Number 5508-85-9155-0000

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.00725
  • Ratio Close Price By Original Li: 1.00725
  • Ratio Current Price By Acre: 604347.83
  • Ratio Current Price By Sq Ft: 101.16
  • Year Built: 1996
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Cooktop Electric, Electric Dryer Hookup, Electric Range, Electric Oven
  • Flooring: Carpet, Vinyl
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1374
  • Total Sq Ft: 1374

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard, Shed(s)

Garage/Parking

  • Driveway: Concrete
  • Parking: Driveway

Utilities

  • Heating: Gas Hot Air Furnace
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Gas

Schools

  • Elementary School: Pitts School
  • Middle School: Harold E Winkler
  • High School: Jay M. Robinson

Lot Info

  • Lot Size Area: 0.230
  • Parcel Number: 5508-85-9155-0000
  • Zoning Specification: RC

Tax Info

  • Tax Value: 120190.00
  • Tax Location: Concord

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Jan 30, 2019
Sold by
Bianouni Ossama and Mubarak Samia
Bought by
Sfr Jv 1 Property Llc
Seller's Agent
Sami Bianouni
Ethics Realty Inc
Buyer's Agent
Rich Scola
ALOCS LLC
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Total Days on Market
11
Current Estimated Value
$309,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,325
Avg. Annual Appreciation
9.82%

Purchase Details

Listed on
Jan 15, 2019
Closed on
Jan 4, 2019
Sold by
Miller Leslie H
Bought by
Bianouni Ossama
Seller's Agent
Sami Bianouni
Ethics Realty Inc
Buyer's Agent
Rich Scola
ALOCS LLC
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%

Purchase Details

Closed on
Jul 26, 2006
Sold by
Artuso Albert E and Artuso Jean J
Bought by
Furr L R

Purchase Details

Closed on
Apr 20, 2005
Sold by
Tipton Jeffrey D and Tipton Kendra L
Bought by
Artuso Albert E and Artuso Jean J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.79%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 1, 1997
Bought by
Tipton Jeffery D

Map

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 Type Sale Price Title Company
Warranty Deed $170,000 None Available
Personal Reps Deed $139,000 None Available
Warranty Deed $111,000 None Available
Warranty Deed $110,000 --
Warranty Deed $96,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $88,000 Fannie Mae Freddie Mac
Previous Owner $90,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $170,000 -5.5% $124 / Sq Ft
01/19/2019 01/19/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $179,900 +29.4% $131 / Sq Ft
01/04/2019 01/04/19 Sold $139,000 +0.7% $101 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
11/26/2018 11/26/18 For Sale $138,000 -- $100 / 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
2024 $2,912 $292,370 $60,000 $232,370
2023 $2,144 $175,700 $40,000 $135,700
2022 $2,144 $175,700 $40,000 $135,700
2021 $2,144 $175,700 $40,000 $135,700
2020 $2,144 $175,700 $40,000 $135,700
2019 $1,466 $120,190 $25,000 $95,190
2018 $1,442 $120,190 $25,000 $95,190
2017 $1,418 $120,190 $25,000 $95,190
2016 $841 $109,070 $20,000 $89,070
2015 $1,287 $109,070 $20,000 $89,070
2014 $1,287 $109,070 $20,000 $89,070
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3454550

Canopy MLS (Canopy Realtor® Association)

APN: 5508-85-9155-0000