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5949 Wallace Ave, Charlotte, NC, 28227

3beds
3baths
1,551sqft
$298,190
$192price/sqft
$1,973/moest. monthly cost
$78,920/yrincome needed

About This Home

Ask about the 4.25% rate offered to qualifying buyers and our up to $10K if a preferred lender is used. MOVE IN READY! WELL DESIGNED TOWNHOME! GREAT INCENTIVES ARE AVAILABLE FOR BUYERS! Welcome to Abershire. This home is MOVE IN READY. It is a beautifully designed 3 bedroom townhome with a thoughtful layout and upscale finishes included in the price. This is our popular Whitley plan AND features a large kitchen island that overlooks the main living, dining, and flexible space—perfect for entertaining and everyday living. Homes feature timeless selections and natural tones throughout. Luxury vinyl plank flooring runs through the main living areas, all full bathrooms, and the laundry room for both style and durability. Upstairs, you’ll find spacious secondary bedrooms and a conveniently located laundry room, making daily routines effortless. Each townhome includes a 16-foot privacy fence separating units, with potential HOA approval to extend fencing after purchase—allowing homeowners to create an even more private outdoor space. A perfect blend of modern design, transparency in pricing, and low-maintenance living—Abershire offers style, comfort, and value in a brand-new community. All of the homes are representation photos.

Getting Around

35
WalkingCar-Dependent
41
TransitSome Transit
39
BikeSomewhat Bikeable

Schools

6/10
Lawrence Orr ElementaryGrades PK-51.5 mi
5/10
Albemarle Road MiddleGrades 6-80.7 mi
6/10
Independence HighGrades 9-122.4 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Slab
  • Construction materials: Stone Veneer,Vinyl

Other

  • Builder model: Whitley
  • Builder name: SouthCraft By Empire Homes

Type & Style

  • Home type: Townhouse
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Range,ENERGY STAR Qualified Dishwasher,Microwave
  • Laundry features: Laundry Room,Upper Level

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Upper

Bathroom Half

  • Level: Main

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Area

  • Level: Main

Features

  • Flooring: Carpet,Vinyl
  • Fireplace features: Great Room
  • Attic: Pull Down Stairs
  • Finished area below ground: 0
  • Finished area above ground: 1,551

Flex Space

  • Level: Main

Great Room

  • Level: Main

Heating & Cooling

  • Heating features: Central,Heat Pump,Zoned
  • Cooling features: Central Air,Zoned

Interior Area

  • Total structure area: 1,551
  • Total interior livable area: 1,551 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Upper

Primary Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 10324236
  • Zoning: TH SFR
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Patio & porch: Front Porch,Patio
  • Exterior features: Lawn Maintenance
  • Fencing: Partial,Privacy

Lot

  • Lot size: 0.05 Acres
  • Features: Level

Parking

  • Total spaces: 1
  • Parking features: Driveway,Attached Garage,Garage Door Opener,Keypad Entry,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Tornado

FEMA Declared Disasters in Mecklenburg County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,507$18,084
Home Insurance *$95$1,140
Property Taxes $171$2,052
Electricity $200$2,405
Total$1,973$23,676
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,645/yr
40% on housing$59,190/yr
45% on housing$52,613/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.8%
12.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$192This listing

vs Other Active Listings

Avg $/sqft

ZIP 28227$196
Mecklenburg County$237

vs Homes Sold Last Month

Median $/sqft

ZIP 28227$222
Mecklenburg County$238

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-12Listed for sale$298,190
2026-08-06Contingent$298,190
2026-05-11Listed for sale$298,190
2026-03-10Contingent$298,990
2026-02-19Listed for sale$298,990

New Construction

AgentJenna Lucas
BrokerageEXP Realty LLC Mooresville

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