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11123 Wheat Ridge Road
11123 Wheat Ridge Road
$740,160 (our value guesstimate)
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Charlotte, NC 28277 ▪  (MLS # 3498806)
2-car garage  ▪   Built: 2019  ▪   Primary Up
5 bed  ▪  3 full bath  ▪  2,716 Sq Ft
Sold for $437,390 on Jul 22, 2019
11123 Wheat Ridge Road
$740,160 (our value guesstimate)
Charlotte, NC 28277 ▪  (MLS # 3498806)
2-car garage  ▪   Built: 2019  ▪   Primary Up
5 bed  ▪  3 full bath  ▪  2,716 Sq Ft
Sold for $437,390 on Jul 22, 2019
SOLD JUL 22, 2019
1 of 10 
SOLD JUL 22, 2019
1 of 10 
SOLD JUL 22, 2019
1 of 10 
SOLD JUL 22, 2019
1 of 10 
SOLD JUL 22, 2019
1 of 10 
SOLD JUL 22, 2019
1 of 10 
SOLD JUL 22, 2019
1 of 10 
SOLD JUL 22, 2019
1 of 10 
SOLD JUL 22, 2019
1 of 10 
SOLD JUL 22, 2019
1 of 10 
 
$437,390  (sales price)
5 bed  ▪  3 full bath  ▪  2,716 Sq Ft
11123 Wheat Ridge Road
Charlotte, NC 28277 (MLS # 3498806)
.11 acres  ▪   Built: 2019  ▪   Primary Bedroom Up
Subdivision: Rea Farms
 Was New Construction  
Charlotte, NC / 28277

Our Value Guesstimate (from Computer Algorithm): $740,160

Our computer algorithm has estimated that this home would be likely to sell in a range between $629,136 and $851,184.
Sale Details
 Was New Construction 
Sales Price: $437,390
Closed: Jul 22, 2019 (1,712 days ago)
List Price: $437,390
Sold for: 100% of list price
Cumulative Days on Market: 29
Price/Sq Ft: $161
Remarks - 11123 Wheat Ridge Road
(from previous listing) South Charlotte's premier community!!Beautiful Heirloom home back on the market and won't last long!!! This home features a beautiful open concept downstairs and guest suite on the main floor. Home has all of our exceptional features and will be ready for a July delivery. Enjoy a live, work, play community with walk-able access to Rea Farms Village with shops , restaurants, and a 77,000 square foot Harris Teeter. Don't miss out!
General Info - MLS # 3498806
Parking: Detached Garage, Garage - 2 Car
Year Built: 2019 (was new construction)
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .11 acres
Area Schools
10/10
Rea Farms STEAM Academy
Distance: 0.2 mi
10/10
Jay M. Robinson Middle School
Distance: 0.8 mi
10/10
Ardrey Kell High School
Distance: 3.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.
Neighborhood Info
Subdivision: Rea Farms
Listing History
07/22/2019: MLS Sold for $437,390 (Canopy MLS)
Cumulative Days on Market: 29
More details

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


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See Sold Homes in Rea Farms
SOLD AUG 23, 2023
Sold for $267/Sq Ft & 104% of list
0 cumulative days on market
$750,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  2,812 SqFt
8025 Cornhill Ave
Charlotte, NC 28277
Rea Farms
0.2 mi.

SOLD JUL 7, 2023
Sold for $238/Sq Ft & 97% of list
17 cumulative days on market
$683,000 (sales price)
4 bed  ▪  3 full & 1 h. bath  ▪  2,872 SqFt
8073 Cornhill Ave
Charlotte, NC 28277
Rea Farms
0.1 mi.

SOLD JAN 27, 2023
Sold for $240/Sq Ft & 85% of list
83 cumulative days on market
$790,000 (sales price)
5 bed  ▪  4 full bath  ▪  3,298 SqFt
8006 Cornhill Ave
Charlotte, NC 28277
Rea Farms
0.2 mi.

Neighborhood Summary (single family)
Rea Farms

Sales in:

Median $ / Sq Ft (single family)
Rea Farms




28277 ZIP Code Trends
28277 ZIP Code Trends

OUR RATING: MOST COMPETITIVE

In Our ZIP Code Analysis (updated daily), we found that 28277 is the 2nd most competitive area for buyers out of 66 ZIP codes analyzed in the Charlotte metro area.

In the 28277 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:

4
Median Days
Until Pending
Homes (that actually sold) went under contract after a median of 4 cumulative days on market in the 28277 area. Compare this with the Charlotte metro area median of 17 days on market.

43%
Of Recently Sold Homes
Over Asking Price
43% of previously owned 28277-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28277.

68%
of Available Homes
Are Under Contract
68% of previously owned 28277-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.

Price Per Square Foot Change
Period 28277 Area Metro Area
1-year + 2% + 2%
2-year + 5% + 2%
5-year +65% +66%
The price per square foot of 28277-area re-sale homes has increased by approximately 65% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $246 per square foot in 28277 over the past 90 days - as compared to $212 for the entire metro area.

4
Median Days
Until Pending

Homes (that actually sold) went under contract after a median of 4 cumulative days on market in the 28277 area. Compare this with the Charlotte metro area median of 17 days on market.

43%
Of Recently Sold Homes
Over Asking Price

43% of previously owned 28277-area homes sold over the asking price (versus 25% of all homes in the Charlotte metro area). See examples of sold homes selling over asking in 28277.

Price Per Square Foot Change
Period 28277
Area
Metro
Area
1-year + 2% + 2%
2-year + 5% + 2%
5-year +65% +66%

The price per square foot of 28277-area re-sale homes has increased by approximately 65% over the past 5 years (versus a 66% increase for the entire Charlotte metro area). Homes have been selling at a median of $246 per square foot in 28277 over the past 90 days - as compared to $212 for the entire metro area.

68%
of Available Homes
Are Under Contract

68% of previously owned 28277-area homes are under contract – compared with 48% of all homes in the Charlotte metro area.



Our Value Guesstimate: $740,160

Our computer algorithm has estimated that this home would be likely to sell in a range between $629,136 and $851,184.


Sale Details
Sales Price: $437,390
Closed: Jul 22, 2019 (1,712 days ago)
List Price: $437,390
Sold for: 100% of list price
Cumulative Days on Market: 29
Price/Sq Ft: $161
Remarks
(from previous listing) South Charlotte's premier community!!Beautiful Heirloom home back on the market and won't last long!!! This home features a beautiful open concept downstairs and guest suite on the main floor. Home has all of our exceptional features and will be ready for a July delivery. Enjoy a live, work, play c ...
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General Info - MLS 3498806
Parking: Detached Garage, Garage - 2 Car
Year Built: 2019 (was new construction)
Master / Primary Bedroom: Upper floor
Listing Status: Sold
Property Type: Single Family Home
Location: Charlotte / Mecklenburg County
Lot Size: .11 acres

Neighborhood Info
Subdivision: Rea Farms
Listing History
07/22/2019: MLS Sold for $437,390 (Canopy MLS)
Cumulative Days on Market: 29
More details

Area Schools
10/10
Rea Farms STEAM Academy
Distance: 0.2 mi
10/10
Jay M. Robinson Middle School
Distance: 0.8 mi
10/10
Ardrey Kell High School
Distance: 3.0 mi

*School ratings sourced from CarolinaSchoolHub. To verify enrollment eligibility, please contact the school directly.


  More Home Details
  Map / Satellite View

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents


 



1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

Are You the Owner?

Inquire about getting a more precise estimate on your home's value from one of our experienced agents




1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.

1% List Fee for Sellers

We offer full-service listing services for 1% when you buy and sell.
If you’re looking to sell a home in the Rea Farms neighborhood, we’d be happy to discuss this with you. We can also assist homebuyers and sellers in neighborhoods nearby, including Fairway Row, Stone Creek, and Stone Creek Ranch.



CDS Data Share Based on information submitted to the MLS GRID as of 03/29/2024. 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. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2024 Canopy Multiple Listing Services, Inc. All rights reserved.