NOT LISTED FOR SALE

5812 Wallace Ave Charlotte, NC 28212

Farm Pond Neighborhood

Estimated Value: $302,000 - $310,000

3 Beds
2.5 Baths
1,505 Sq Ft
$203/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $195,500 $130 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,795/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Garden Bath
  • Level Lot
  • Attached Garage
  • Storm Doors
  • Carpet

About This Home

As of April 2020

Opportunity is Knocking! This is not a misprint, yes a home with a 2 car garage in Charlotte under 200k. This home offers a Cheery entry hall that reflects the friendly spirit of this home. Great Room small enough to care for easily... Large enough for entertaining. Informal Dining Area just right for candlelight. This kitchen makes cooking simple, you won't need roller skates, everything is within reach. Patio off the dining room makes garden-side dining easy. Upstairs is the Owners Suite with a spa-style bath to match. Two other quiet and airy bedrooms grouped around the second full bath. Backyard with privacy fence is big enough for beauty... small enough for easy care. This is really a fine home that you should see without delay.

Last Agent to Sell the Property

Team Heidi

Hines & Associates Realty LLC License #169147 Listed on: 03/12/2020

Hines & Associates Realty LLC

Co-Listed By

Tim Brown

EXP Realty LLC Mooresville License #193245

Last Buyer's Agent

Stephen Scott

Realty Dynamics Inc. License #260817

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 40x113x38x113
  • Level Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Storm Doors

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • Garden Bath

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 103-263-24

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
  • Architectural Style: Traditional
  • Construction Status: Complete
  • Ratio Close Price By List Price: 1.02895
  • Ratio Close Price By Original Li: 1.02895
  • Ratio Current Price By Acre: 1898058.25
  • Ratio Current Price By Sq Ft: 129.90
  • Year Built: 2002
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 856
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows, Storm Door(s)
  • Equipment: Cable Prewire, Dishwasher, Electric Dryer Hookup, Electric Range, Ice Maker Connection, Exhaust Hood, Self Cleaning Oven, Electric Oven
  • Fireplace Description: Gas Logs, Great Room
  • Fireplace: Yes
  • Fixture Exception Description: Alarm System Router
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Vinyl
  • H O A Management Phone: 704-377-0114
  • Interior Amenities: Attic Other, Garden Tub
  • Laundry Location: Upper, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 649
  • Total Sq Ft: 1505

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalk, Street Lights
  • Association Fee: 45.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Hawthorne
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Dimension: 40x113x38x113
  • Lot Features: Level
  • Parcel Number: 103-263-24
  • Plat Book Slide: 36/75
  • Zoning Specification: Res

Tax Info

  • Tax Value: 159100.00
  • Tax Location: Charlotte

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Apr 8, 2020
Sold by
Caines Camille Murphy and Caines Mark N
Bought by
Hassan Mohsen and Ahmed Amel
Seller's Agent
Team Heidi
Hines & Associates Realty LLC
Buyer's Agent
Stephen Scott
Realty Dynamics Inc.
List Price
$190,000
Sold Price
$195,500
Premium/Discount to List
$5,500
2.89%
Current Estimated Value
$305,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,852
Avg. Annual Appreciation
7.82%
Original Mortgage
$156,000
Outstanding Balance
$137,669
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$167,683

Purchase Details

Closed on
Apr 28, 2017
Sold by
Murphy Camille and Caines Mark
Bought by
Caines Camille Murphy

Purchase Details

Closed on
Aug 6, 2013
Sold by
Secretary Of Hud Of Washington Dc
Bought by
Murphy Camille Lavoy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2013
Sold by
Bank Of America Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Mar 27, 2013
Sold by
Ingle Grady I and Ells Elizabeth B
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 12, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Reyes Calderon Jose L and Reyes De Calderon Blanca Yesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,184
Interest Rate
6.03%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 2007
Sold by
Scott Sharonda
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 8, 2002
Sold by
Eastwood Construction Co Inc
Bought by
Scott Sharonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,050
Interest Rate
6.53%

Purchase Details

Closed on
Feb 19, 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
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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
Hassan Mohsen $195,500 Executive Title
Caines Camille Murphy -- None Available
Murphy Camille Lavoy -- None Available
Secretary Of Hud -- None Available
Bank Of America Na $129,877 None Available
Reyes Calderon Jose L -- None Available
Federal Home Loan Mortgage Corporation $114,732 None Available
Scott Sharonda $131,500 --
Eastwood Construction Co Inc $308,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hassan Mohsen $156,000
Previous Owner Murphy Camille Lavoy $60,000
Previous Owner Reyes Calderon Jose L $107,184
Previous Owner Scott Sharonda $105,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2020 04/17/20 Sold $195,500 +2.9% $130 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $190,000 -- $126 / 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 $2,287 $281,700 $65,000 $216,700
2024 $2,287 $281,700 $65,000 $216,700
2023 $2,205 $281,700 $65,000 $216,700
2022 $1,661 $159,100 $30,000 $129,100
2021 $1,650 $159,100 $30,000 $129,100
2020 $1,642 $159,100 $30,000 $129,100
2019 $1,627 $159,100 $30,000 $129,100
2018 $996 $70,300 $14,400 $55,900
2017 $973 $70,300 $14,400 $55,900
2016 $963 $70,300 $14,400 $55,900
2015 $952 $70,300 $14,400 $55,900
2014 $965 $70,300 $14,400 $55,900
Source: Public Records

Agents Affiliated with this Home

  • Team Heidi

    Seller's Agent in 2020

    Team Heidi

    Hines & Associates Realty LLC

    (704) 990-2000

    125 Total Sales

    Team Heidi
    Section Image

  • T

    Seller Co-Listing Agent in 2020

    Tim Brown

    EXP Realty LLC Mooresville

    Section Image
  • Stephen Scott

    Buyer's Agent in 2020

    Stephen Scott

    Realty Dynamics Inc.

    (704) 779-6194

    379 Total Sales

    Stephen Scott
    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3600879

Canopy MLS (Canopy Realtor® Association)

APN: 103-263-24

North Carolina Mecklenburg County Charlotte 28212 Farm Pond

5812 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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