NOT LISTED FOR SALE

5724 Wallace Ave Charlotte, NC 28212

Farm Pond Neighborhood

Estimated Value: $302,000 - $362,000

3 Beds
2.5 Baths
1,464 Sq Ft
$220/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $172,000 $117 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,885/month

31 Days on Market

Highlights

  • Attached Garage
  • Carpet
  • Gas Log Fireplace

About This Home

As of February 2019

Built in 2002, this Charlotte two-story offers a fireplace, and a two-car garage. Upgraded features include fresh interior paint, new carpet in select rooms. This home is apart of Wallace Creek HOA.

Home will be professionally measured this week and updated accordingly.

Home comes with a 30-day buyback guarantee. Terms and conditions apply.

Last Agent to Sell the Property

James Sexton

Opendoor Brokerage LLC License #302310 Listed on: 12/17/2018

Opendoor Brokerage LLC

Last Buyer's Agent

Gibran Gonzalez

Premier South License #101385

Premier South

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 4,356

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace

Flooring

  • Carpet
  • Vinyl

Listing and Financial Details

  • Assessor Parcel Number 103-263-29

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

4,356 Sq Ft Lot

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Construction Status: Complete
  • Ratio Close Price By List Price: 0.95556
  • Ratio Close Price By Original Li: 0.94505
  • Ratio Current Price By Acre: 1653846.15
  • Ratio Current Price By Sq Ft: 117.49
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 822
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Equipment: Dishwasher, Electric Range, Microwave, Electric Oven
  • Fireplace Description: Gas Logs
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Laundry Location: Closet
  • Room Count: 2
  • Main Level Sq Ft: 642
  • Total Sq Ft: 1464

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 45.00
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Parcel Number: 103-263-29
  • Zoning Specification: R5

Tax Info

  • Tax Value: 72400.00
  • Tax Location: Mecklenburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2018
Closed on
Feb 28, 2019
Sold by
Opendoor Property Wi Llc
Bought by
Ni Thang Lal Ruat and Ni Hniang
Seller's Agent
James Sexton
Opendoor Brokerage LLC
Buyer's Agent
Gibran Gonzalez
Premier South
List Price
$182,000
Sold Price
$172,000
Premium/Discount to List
-$10,000
-5.49%
Current Estimated Value
$322,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,711
Avg. Annual Appreciation
9.34%
Original Mortgage
$160,000
Outstanding Balance
$140,667
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$182,044

Purchase Details

Closed on
Sep 7, 2018
Sold by
Johnson Kia S and Staton Perry
Bought by
Opendoor Property W1 Llc

Purchase Details

Closed on
Feb 26, 2013
Sold by
Wilkins Joyce and Hicks Vincent
Bought by
Johnson Kia S and Staton Perry

Purchase Details

Closed on
Jun 4, 2003
Sold by
Eastwood Construction Co Inc
Bought by
Johnson Kia and Wilkins Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,300
Interest Rate
5.56%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 2002
Sold by
Crosland Wallace Creek Llc
Bought by
Eastwood Construction Co Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ni Thang Lal Ruat $167,000 None Available
Opendoor Property W1 Llc $152,500 None Available
Johnson Kia S -- None Available
Johnson Kia $131,500 --
Eastwood Construction Co Inc $104,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ni Thang Lal Ruat $160,000
Previous Owner Johnson Kia $130,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $172,000 -4.4% $117 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/10/2019 01/10/19 Price Changed $180,000 -1.1% $123 / Sq Ft
01/07/2019 01/07/19 For Sale $182,000 +5.8% $124 / Sq Ft
12/21/2018 12/21/18 Off Market $172,000 -- --
12/17/2018 12/17/18 For Sale $182,000 -- $124 / 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
2025 $2,290 $282,100 $65,000 $217,100
2024 $2,290 $282,100 $65,000 $217,100
2023 $2,208 $282,100 $65,000 $217,100
2022 $1,665 $159,500 $30,000 $129,500
2021 $1,654 $159,500 $30,000 $129,500
2020 $1,646 $159,500 $30,000 $129,500
2019 $1,631 $159,500 $30,000 $129,500
2018 $1,023 $72,400 $14,400 $58,000
2017 $1,000 $72,400 $14,400 $58,000
2016 $991 $72,400 $14,400 $58,000
2015 $979 $72,400 $14,400 $58,000
2014 $992 $72,400 $14,400 $58,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    James Sexton

    Opendoor Brokerage LLC

    Section Image
  • Gibran Gonzalez

    Buyer's Agent in 2019

    Gibran Gonzalez

    Premier South

    (980) 250-0058

    7 Total Sales

    Gibran Gonzalez
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3459116

Canopy MLS (Canopy Realtor® Association)

APN: 103-263-29

North Carolina Mecklenburg County Charlotte 28212 Farm Pond

5724 Wallace Ave, Charlotte, NC

Not Listed for Sale

Detached

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Canopy MLS (Canopy Realtor® Association) 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

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