NOT LISTED FOR SALE

109 William D Cavenaugh Ln Wallace, NC 28466

Estimated Value: $228,000 - $360,000

3 Beds
2 Baths
1,388 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 12, 2022

Last sale price $305,000 $220 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,740/month

7 Days on Market

Highlights

  • Barn
  • Home fronts a creek
  • Farm
  • Greenhouse
  • 17.71 Acre Lot
  • Wood Flooring

About This Home

As of July 2022

Beautiful 3 bedroom, 2 bath home on a 17 acre parcel outside Wallace city limits, but a short drive to Interstate 40 at Exit 385. This home was built in 1980, but has been lovingly remodeled and updated in the past 10-15 years. The living room is open with lots of natural light and hardwood floors and room for a dining area. Updated guest bath features a big corner shower and laundry area tucked in the back corner. You'll love the kitchens custom cabinets, granite counters, 5 burner gas range, massive pantry cabinet, and the fridge is included. A second bedroom is just off the kitchen with a sizeable closet. The master suite has an en suite bath with a soaker tub,, two large closets with automatic lights as the doors open, and is the only room in the home with carpet. A third bedroom is just off the living room, but the sellers removed the door and closet to make it an office. It could easily be converted back to a private bedroom if you wanted. On the back of the house, just outside of the kitchen, is the four seasons sunroom. Raise the panels and catch a breeze, or close them and soak up the sun! Other features of the home include a gas on demand water heater, gas heat, owned above ground propane tank, water softening system, and vapor barrier in the crawl space, and private well (5gpm) serving only the house. There is a large metal utility building with drive thru, roll up bay doors, and carport storage area. This building is on its own power meter, separate from the home, and water from a deep irrigation well (380' deep - 50gpm) has been run within 10 feet of the building but not connected, but you could! The deep well serves irrigation needs for the 2 fields, for the chicken coop & Concord grapevines currently. Roof was replaced 2010, heat/air, ductwork, crawl space insulation replaced 2018, Centurylink Internet, & 4 County Electric. This parcel borders a creek and is in special flood hazard area, sellers flood ins $614/yr. If you're a gardener, read on......

Last Agent to Sell the Property

Christina Asbury

Coldwell Banker Sea Coast Advantage License #211160 Listed on: 03/09/2022

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Rebecca Darby

Rebecca Darby Realty License #278444

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $677

Year Built

  • Built in 1980

Lot Details

  • 17.71 Acre Lot
  • Home fronts a creek
  • Irrigation

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,388 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Workshop
  • Crawl Space
  • Pull Down Stairs to Attic

Kitchen

  • Gas Oven
  • Range Hood
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • Unpaved Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Greenhouse
  • Separate Outdoor Workshop
  • Outdoor Storage

Farming

  • Barn
  • Farm
  • Pasture

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Water Softener
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 332700138099

Home Details

Home Type

Single Family

Est. Annual Taxes

$677

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1980
  • Road Frontage Type: Creek Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, See Remarks, Wood, Vinyl
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling Fan(s), Smoke Detectors, Workshop, Walk-In Closet, Walk-in Shower
  • List Price per Sq Ft: 216.14
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1388.00
  • Total Heated Primary Separate Sq Ft: 1388.00

Exterior Features

  • Exterior Features: Irrigation System, Storm Doors
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Barn(s), Workshop, Storage, Green House
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, See Remarks, Porch, Enclosed
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Garage And Parking Other See Remarks: Detached Building
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Unpaved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Gas, Water Softener, Vent Hood, See Remarks, Refrigerator, Ice Maker
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump, Other-See Remarks
  • Service Providers Electric Provider: Four County Electric
  • Utilities: See Remarks, Well Water, Septic On Site
  • Water Heater: Propane, See Remarks
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 376.00
  • Lot Acres: 17.71
  • Lot Description: Farm, Pasture
  • Lot Dimensions: irregular
  • Lot Sq Ft: 771448.00
  • Lot Water Features: None
  • Special Assessments: none known
  • Zoning: R

Green Features

  • Green Bldg Features: Tankless Water Heater

Tax Info

  • Tax Identifier: 332700138099
  • Tax Year: 2021

MLS Schools

  • Elementary School #2: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
Carver West Mary Jeann and Carver Timothy A
Bought by
Gerrell Joseph D
Current Estimated Value
$311,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.1%
Mortgage Type
VA

Purchase Details

Closed on
Aug 31, 2005
Sold by
Cavenaugh Ann
Bought by
West Mary Jeann Carver and West Timothy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,600
Interest Rate
5.77%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gerrell Joseph D $305,000 Thb Law Group
West Mary Jeann Carver $194,500 None Avalible
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerrell Joseph D $305,000
Previous Owner West Mary Jean $158,000
Previous Owner West Mary Jeann Carver $123,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $305,000 +1.7% $220 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $300,000 -- $216 / 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
2024 $677 $114,100 $62,000 $52,100
2023 $1,051 $114,100 $62,000 $52,100
2022 $1,011 $114,100 $62,000 $52,100
2021 $1,031 $114,100 $62,000 $52,100
2020 $1,031 $114,100 $62,000 $52,100
2019 $1,009 $114,100 $62,000 $52,100
2018 $974 $114,100 $62,000 $52,100
2016 $891 $104,000 $53,200 $50,800
2013 $863 $104,000 $53,200 $50,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100316123

Hive MLS

APN: 09-1265