NOT LISTED FOR SALE

5187 Wheat Dr SW Concord, NC 28027

Estimated Value: $322,240 - $375,000

3 Beds
2 Baths
1,320 Sq Ft
$254/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $320,000 $242 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,142/month

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Wood Flooring
  • Pitts School Road Elementary School Rated A-
  • Traditional Architecture
  • 2 Car Attached Garage

About This Home

As of August 2023

MULTIPLE OFFERS - - - HIGHEST AND BEST BY 7PM 7/1!!! Welcome home to this 3 bedroom, 2 full bathroom ranch with the primary bedroom on one side and 2 secondary bedrooms on the other side. Outside the backyard is fully fenced in and there is a patio with a pergola that is perfect for entertaining! 2 car attached garage with heater. Wired speakers in all bedrooms, breakfast, and living room!

Last Listed By

Kyle Bender

EXP Realty LLC Ballantyne License #248938 Listed on: 06/30/2023

EXP Realty LLC Ballantyne

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,143

Year Built

  • Built in 1998

Lot Details

  • Property is Fully Fenced
  • Property is zoned RC

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Pull Down Stairs to Attic

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Patio
  • Shed

Schools

  • Pitts Elementary School
  • Roberta Road Middle School
  • Jay M. Robinson High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Cochran Farms Subdivision
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 5508-94-3538-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,143

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1998
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 242.42
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Central Vacuum, Garden Tub, Open Floorplan, Split Bedroom, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1320
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Oven, Gas Range, Microwave
  • Above Grade Finished Sq Ft: 1320
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Gas Unvented, Living Room
  • Living Area: 1320
  • Bedroom Main: 3
  • Room Count: 9

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Full
  • Exclusions: All TV mounts, satellite receivers, entertainment wall shelf in the primary bedroom, all stereo receivers, CD/DVD players.
  • Construction Type: Vinyl
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Central, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Street Lights
  • Senior Community: No

Schools

  • Middle Or Junior School: Roberta Road
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.23
  • Lot Size Units: Acres
  • Parcel Number: 5508-94-3538-0000
  • Zoning: RC
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Jul 25, 2023
Sold by
Stoiber Michael and Stoiber Paula Marie
Bought by
Dekutoski Thomas E
Seller's Agent
Kyle Bender
EXP Realty LLC Ballantyne
Buyer's Agent
Clay Cowley
Keller Williams Ballantyne Area
List Price
$300,000
Sold Price
$320,000
Premium/Discount to List
$20,000
6.67%
Total Days on Market
0
Views
71
Current Estimated Value
$335,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,810
Avg. Annual Appreciation
2.70%
Original Mortgage
$317,000
Outstanding Balance
$311,153
Interest Rate
6.67%
Mortgage Type
VA
Estimated Equity
$24,657

Purchase Details

Closed on
May 6, 2014
Sold by
Schroeder Ann
Bought by
Stoiber Michael and Stoiber Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,462
Interest Rate
4.43%
Mortgage Type
VA

Purchase Details

Closed on
Jan 7, 2008
Sold by
Eason David L and Eason Jessica Whitley
Bought by
Schroeder Robert and Schroeder Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,900
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2006
Sold by
Mertel David and Mertel Antoinette
Bought by
Eason David L and Eason Jessica Whitley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,589
Interest Rate
6.21%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1998
Sold by
Cherry Homes Inc
Bought by
Mertel David and Mertel Antoinette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
6.77%

Range of Values:

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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
Dekutoski Thomas E $320,000 Tryon Title
Stoiber Michael $130,000 None Available
Schroeder Robert $147,000 None Available
Eason David L $137,000 None Available
Mertel David $133,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dekutoski Thomas E $317,000
Previous Owner Sotiber Michael $111,055
Previous Owner Stoiber Michael $118,469
Previous Owner Stoiber Michael $118,462
Previous Owner Schroeder Robert $15,500
Previous Owner Schroeder Robert $88,900
Previous Owner Eason David L $135,589
Previous Owner Mertel David J $95,137
Previous Owner Mertel David J $41,000
Previous Owner Mertel David $98,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2023 08/04/23 Sold $320,000 +6.7% $242 / Sq Ft
07/01/2023 07/01/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $300,000 -- $227 / 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 $3,143 $315,520 $60,000 $255,520
2023 $2,312 $189,530 $40,000 $149,530
2022 $2,306 $189,010 $40,000 $149,010
2021 $2,306 $189,010 $40,000 $149,010
2020 $2,306 $189,010 $40,000 $149,010
2019 $1,819 $149,110 $25,000 $124,110
2018 $1,789 $149,110 $25,000 $124,110
2017 $1,760 $149,110 $25,000 $124,110
2016 $1,044 $132,260 $20,000 $112,260
2015 $1,561 $132,260 $20,000 $112,260
2014 $1,561 $132,260 $20,000 $112,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4045203

Canopy MLS (Canopy Realtor® Association)

APN: 5508-94-3538-0000