NOT LISTED FOR SALE

5700 Wallace Ave Charlotte, NC 28212

Farm Pond Neighborhood

Estimated Value: $307,000 - $316,000

3 Beds
2.5 Baths
1,585 Sq Ft
$197/Sq Ft Est. Value

Sale Details

Date Sold: March 7, 2018

Last sale price $168,000 $106 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,906 / mo

5 Days on Market

Highlights

  • Transitional Architecture
  • Attached Garage
  • Gas Log Fireplace
  • Corner Lot
  • Carpet

About This Home

As of March 2018

Great 2 story home, move in ready. New paint and carpet, new vinyl floors in kitchen, laundry and bathrooms.Well maintained spacious property with open floor plan. Loft on 2nd floor. Master bedroom has cathedral ceilings.
Minutes from E. W.T Harris blvd and Albermarle Rd. Conveniently located to Downtown Charlotte, Matthews, shopping, restaurants, schools and Hwy. Do not miss out on the opportunity to own this home.

Last Agent to Sell the Property

Germanico Teran

USA Real Estate Group LLC License #258827 Listed on: 01/19/2018

Co-Listed By

Germanico Xavier Teran

USA Real Estate Group LLC License #289394

Last Buyer's Agent

Juan Munoz

NorthGroup Real Estate LLC License #260903

NorthGroup Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Corner Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Pull Down Stairs to Attic

Flooring

  • Carpet
  • Laminate
  • Vinyl

Community Details

  • Hawthorne Mgmt Association, Phone Number (704) 377-0114

Listing and Financial Details

  • Assessor Parcel Number 103-263-30

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

5,227 Sq Ft Lot

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.03385
  • Ratio Close Price By Original Li: 1.03385
  • Ratio Current Price By Acre: 1400000.00
  • Ratio Current Price By Sq Ft: 105.99
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 923
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Ceiling Fan(s), Cable Prewire, Disposal, Dishwasher, Electric Dryer Hookup, Electric Range, Exhaust Fan, Ice Maker Connection, Microwave, Electric Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Laminate Wood, Vinyl
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Attic Stairs Pulldown
  • Laundry Location: Main
  • Room Count: 2
  • Main Level Sq Ft: 662
  • Total Sq Ft: 1585
  • Sq Ft Unheated Main: 379
  • Sq Ft Unheated Total: 379

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car

Utilities

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

Condo/Co-op/Association

  • Association Fee: 45.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Hawthorne Mgmt
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 103-263-30
  • Plat Reference Section Pages: 854
  • Zoning: SFR
  • Zoning Specification: R5

Tax Info

  • Tax Value: 78600.00
  • Tax Location: Charlotte

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2018
Closed on
Mar 7, 2018
Sold by
Bought by
Seller's Agent
Germanico Teran
USA Real Estate Group LLC
Buyer's Agent
Juan Munoz
NorthGroup Real Estate LLC
List Price
$162,500
Sold Price
$168,000
Premium/Discount to List
$5,500
3.38%
Current Estimated Value
$311,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,523
Avg. Annual Appreciation
7.64%
Original Mortgage
$151,200
Interest Rate
0.0575%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 30, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
0.0564%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 23, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,400
Interest Rate
0.0619%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$168,000 None Available
$130,000 Chicago Title Insurance Comp
$124,500 --
$104,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $151,200
Previous Owner $123,500
Previous Owner $123,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/07/2018 03/07/18 Sold $168,000 +3.4% $106 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
01/19/2018 01/19/18 For Sale $162,500 -- $103 / Sq Ft
Source: Canopy MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,324 $286,700 $65,000 $221,700
2024 $2,324 $286,700 $65,000 $221,700
2023 $2,242 $286,700 $65,000 $221,700
2022 $1,697 $162,800 $30,000 $132,800
2021 $1,686 $162,800 $30,000 $132,800
2020 $1,678 $162,800 $30,000 $132,800
2019 $1,663 $162,800 $30,000 $132,800
2018 $1,105 $78,600 $14,400 $64,200
2017 $1,080 $78,600 $14,400 $64,200
2016 $1,071 $78,600 $14,400 $64,200
2015 $1,059 $78,600 $14,400 $64,200
2014 $1,072 $78,600 $14,400 $64,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    Germanico Teran

    USA Real Estate Group LLC

    (704) 231-5477

    56 Total Sales

    Germanico Teran
    Section Image

  • G

    Seller Co-Listing Agent in 2018

    Germanico Xavier Teran

    USA Real Estate Group LLC

    (980) 254-1521

    16 Total Sales

    Germanico Xavier Teran
    Section Image
  • Juan Munoz

    Buyer's Agent in 2018

    Juan Munoz

    NorthGroup Real Estate LLC

    (704) 659-1992

    54 Total Sales

    Juan Munoz
    Section Image
See All Agents

Map

Source: Canopy MLS

MLS Number: CAR3350799

Canopy MLS

APN: 103-263-30

North Carolina Mecklenburg County Charlotte 28212 Farm Pond

5700 Wallace Ave, Charlotte, NC

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.

Canopy MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Canopy MLS as distributed by MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.