NOT LISTED FOR SALE

5812 Wallace Ave Charlotte, NC 28212

Farm Pond Neighborhood

Estimated Value: $294,000 - $322,000

3 Beds
2.5 Baths
1,505 Sq Ft
$205/Sq Ft Est. Value

Sale Details

Date Sold: April 17, 2020

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

Est. 58% increase in value since last sale

Current estimated payment $1,890 / mo

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

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
Mar 12, 2020
Closed on
Apr 8, 2020
Sold by
Bought by
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
$309,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,582
Avg. Annual Appreciation
7.57%
Original Mortgage
$156,000
Interest Rate
0.032%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2017
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
$66,670
Interest Rate
0.0475%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2013
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
$60,000
Interest Rate
0.055%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 3, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 12, 2008
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
$107,184
Interest Rate
0.0603%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 8, 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
$105,050
Interest Rate
0.0653%

Purchase Details

Closed on
Feb 19, 2002
Sold by
Bought by
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

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
$195,500 Executive Title
-- None Available
-- None Available
-- None Available
$129,877 None Available
-- None Available
$114,732 None Available
$131,500 --
$308,000 --
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 $156,000
Previous Owner $35,000
Previous Owner $66,670
Previous Owner $60,000
Previous Owner $107,184
Previous Owner $105,050
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
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

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 $2,287 $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

    101 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

    326 Total Sales

    Stephen Scott
    Section Image
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Map

Source: Canopy MLS

MLS Number: CAR3600879

Canopy MLS

APN: 103-263-24

North Carolina Mecklenburg County Charlotte 28212 Farm Pond

5812 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

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