NOT LISTED FOR SALE

5178 Wheat Dr SW Concord, NC 28027

Estimated Value: $343,000 - $368,000

3 Beds
2 Baths
1,641 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $395,000 $241 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,181/month

2 Days on Market

Highlights

  • Outdoor Fireplace
  • Wood Flooring
  • Attached Garage
  • Pitts School Road Elementary School Rated A-
  • Corner Lot
  • Patio

About This Home

As of June 2022

Welcome Home! Here’s the home you’ve been waiting for- This charming home features a light filled vaulted family room with gas fireplace, dining room and an eat in kitchen. The newly upgraded kitchen boasts BRAND NEW GRANITE COUNTERTOPS, new appliances and island. Spacious owners suite with private owners bath with dual sinks, granite countertops, soaking tub and walk in shower. Desirable split bedroom plan with secondary bedrooms down the opposite hall. Backyard is perfect for entertaining with the wonderful outdoor fireplace and large patio space. Two storage sheds are also found in the flat backyard. Large corner lot with two car garage. Fantastic location-close to I-85, Hwy 29, Hwy 49 and shopping and restaurants. NO HOA!! This one you do not want to miss!!

Last Agent to Sell the Property

Brigitte Perry

Southern Homes of the Carolinas, Inc License #281270 Listed on: 05/07/2022

Last Buyer's Agent

Bradley Flowers

Mainstay Brokerage LLC License #293481

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,454

Year Built

  • Built in 1997

Lot Details

  • Fenced
  • Corner Lot
  • Level Lot
  • Zoning described as RC

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,641 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Electric Oven
  • Electric Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Garden Bath

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Parking

  • Attached Garage
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Fireplace
  • Shed
  • Outbuilding

Schools

  • Pitts Elementary School
  • J.N. Fries Middle School
  • Jay M. Robinson High School

Utilities

  • Central Heating
  • Gas Water Heater

Community Details

  • Cochran Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5508-94-2832-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,454

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1997
  • Ratio Current Price By Acre: 1196969.70
  • Doors and Windows: Insulated Windows
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete
  • Structure Type: One Story
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Garden Tub, Kitchen Island, Pantry, Vaulted Ceiling
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1641
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Porch: Front,Patio
  • Appliances: Ceiling Fan(s), Dishwasher, Disposal, Electric Oven, Electric Dryer Hookup, Electric Range, Plumbed For Ice Maker
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Living Area: 1641
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Half Bathrooms: 0

Exterior Features

  • Exterior Features: Fence, Outbuilding(s), Outdoor Fireplace, Shed(s)
  • New Construction: No
  • Construction Status: Complete
  • Tax Location: Concord
  • Construction Type: Site Built
  • Construction Type: Brick Partial, Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 506
  • Parking Features: Attached Garage, Driveway, Garage - 2 Car, Side Load Garage

Utilities

  • Heating: Central, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Gas
  • Laundry Features: Main Level, Mud Room
  • Water Source: Public

Condo/Co-op/Association

  • Hoa Subject To Dues: No

Schools

  • Middle Or Junior School: J.n. Fries
  • HOA Subject To: None

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Area: 0.33
  • Lot Size Units: Acres
  • Parcel Number: 5508-94-2832-0000
  • Zoning Description: RC

Tax Info

  • RATIO List Price By Tax Amount: 1.98546

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Pitts School
  • High School: Jay M. Robinson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2022
Closed on
Jun 15, 2022
Sold by
Lackey Bryte S and Obrian Keith
Bought by
Fkh Sfr Propco K Lp
Seller's Agent
Brigitte Perry
Southern Homes of the Carolinas, Inc
Buyer's Agent
Bradley Flowers
Mainstay Brokerage LLC
List Price
$385,000
Sold Price
$395,000
Premium/Discount to List
$10,000
2.6%
Current Estimated Value
$358,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,443
Avg. Annual Appreciation
-2.31%

Purchase Details

Closed on
Dec 1, 1997
Bought by
Lackey Keith O'Brien
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
Fkh Sfr Propco K Lp $395,000 Chicago Title
Lackey Keith O'Brien $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lackey Bryte S $80,000
Previous Owner Lackey Keith O Brian $82,500
Previous Owner Lackey Keith O $124,000
Previous Owner Lackey Keith Obrian $113,195
Previous Owner Lackey Keith Obrian $20,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $395,000 +2.6% $241 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $385,000 -- $235 / 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 $3,454 $346,820 $60,000 $286,820
2023 $2,366 $193,910 $40,000 $153,910
2022 $2,366 $193,910 $40,000 $153,910
2021 $2,366 $193,910 $40,000 $153,910
2020 $2,366 $193,910 $40,000 $153,910
2019 $1,907 $156,320 $25,000 $131,320
2018 $1,876 $156,320 $25,000 $131,320
2017 $1,845 $156,320 $25,000 $131,320
2016 $1,094 $140,490 $20,000 $120,490
2015 $1,658 $140,490 $20,000 $120,490
2014 $1,658 $140,490 $20,000 $120,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3853291

Canopy MLS (Canopy Realtor® Association)

APN: 5508-94-2832-0000