NOT LISTED FOR SALE

106 Adams St Wallace, NC 28466

Estimated Value: $325,000 - $400,000

3 Beds
2.5 Baths
2,050 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 30, 2020

Last sale price $199,900 $98 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,197/month

84 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Covered Patio or Porch
  • Wood Flooring
  • Home Office
  • Breakfast Area or Nook

About This Home

As of March 2020

Live in one of the most desirable neighborhoods in Wallace! This beautiful 3-bed, 2 bath all brick home is nestled in a gardener's paradise. The seller worked for years in a nursery, and there are all sorts of colorful surprises coming in spring. Tons of storage and work space. The ample storage room attached to the carport even has a half bath, so you won't have to track indoors with dirty shoes when you're enjoying the yard. The 20x20 workshop out back even has electricity and water. Quiet neighborhood with very minimal dues, but oh so close to schools, shopping, restaurants and Interstate 40. An excellent place for anyone who works in larger cities, yet wants to escape the madness and come home to what ''Where to Retire'' magazine has called one of America's best low-cost places to live. Home features a sealed and dehumidified crawl space; bright and open kitchen; master bedroom with lots of room for a sitting area; formal dining room and study. See this one before it's gone!

Last Agent to Sell the Property

Curt Simpson

Simpson Real Estate Group Inc License #166612 Listed on: 11/23/2019

Last Buyer's Agent

Jennifer Terflinger

The Property Shop International Realty License #285494

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,556

Year Built

  • Built in 1993

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 150' x 170'
  • Corner Lot
  • Property is zoned RA-20

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,050 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Living Room
  • Formal Dining Room
  • Home Office
  • Workshop
  • Crawl Space
  • Pull Down Stairs to Attic
  • Breakfast Area or Nook
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 2 Car Detached Garage
  • Carport
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 09-5847

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,556

Year Built

Built in 1993

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Security System, Workshop, Walk-In Closet, Gas Logs, Pantry, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 104.83
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Breakfast Nook Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Sq Ft Heated: 2050.00
  • Total Heated Primary Separate Sq Ft: 2050.00

Exterior Features

  • Exterior Features: Storm Windows
  • Exterior Finish: Brick
  • Exterior Structures: Workshop
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Patio, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Carport, Off Street, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas
  • HOAAssociationFee1Year: 20.00

Lot Info

  • Deed Page: 36.00
  • Lot Acres: 0.50
  • Lot Description: Corner Lot
  • Lot Dimensions: 150' x 170'
  • Lot Sq Ft: 21780.00
  • Zoning: RA-20

Tax Info

  • Tax Identifier: 09-5847
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2019
Closed on
Mar 26, 2020
Sold by
Dickerson Terry Grimes and Morgan Terry Grimes
Bought by
Smith Luther Coke
Seller's Agent
Curt Simpson
Simpson Real Estate Group Inc
Buyer's Agent
Jennifer Terflinger
The Property Shop International Realty
List Price
$214,900
Sold Price
$199,900
Premium/Discount to List
-$15,000
-6.98%
Current Estimated Value
$361,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,152
Avg. Annual Appreciation
11.18%
Original Mortgage
$159,920
Outstanding Balance
$141,362
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$219,690

Purchase Details

Closed on
Feb 23, 2017
Sold by
Morgan Stacy Earl
Bought by
Morgan Terry G
Source: Public Records

Range of Values:

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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
Smith Luther Coke $200,000 None Available
Morgan Terry G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Luther Coke $159,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2020 03/30/20 Sold $199,900 -7.0% $98 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
11/23/2019 11/23/19 For Sale $214,900 -- $105 / Sq Ft
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

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 $3,556 $320,400 $45,000 $275,400
2024 $2,635 $194,500 $45,000 $149,500
2023 $2,583 $194,500 $45,000 $149,500
2022 $2,583 $194,500 $45,000 $149,500
2021 $1,401 $194,500 $45,000 $149,500
2020 $1,430 $194,500 $45,000 $149,500
2019 $1,391 $194,500 $45,000 $149,500
2018 $1,391 $194,500 $45,000 $149,500
2016 $1,617 $221,500 $50,000 $171,500
2013 $1,563 $221,500 $50,000 $171,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100194270

Hive MLS

APN: 09-5847