NOT LISTED FOR SALE

110 W Main St Wallace, NC 28466

Estimated Value: $176,921

Studio
-- Bath
1,900 Sq Ft
$93/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $130,000 $68 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $989/month

Highlights

  • Wood Flooring
  • Brick Exterior Construction
  • Heat Pump System
  • No HOA
  • Central Air

About This Home

As of May 2022

Move in ready building in the quaint Town of Wallace. Large prep sink, two storage rooms. New wires pulled and run in 2018 to existing box for addition of a few new electrical outlets. HVAC in kitchen less than 5 years old. Hardwood floors in main area. Designated National Register Historic Places Distributor since 1995.

Last Agent to Sell the Property

Pamela Teachey

Southeastern Real Estate Co, Inc. License #248179 Listed on: 05/01/2022

Co-Listed By

Vicki Foster

Southeastern Real Estate Co, Inc. License #180013

Last Buyer's Agent

Pamela Teachey

Southeastern Real Estate Co, Inc. License #248179 Listed on: 05/01/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $669

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • Property is zoned Central Busines

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,900 Sq Ft Home
  • Pull Down Stairs to Attic

Flooring

  • Wood
  • Tile

Parking

  • Public Parking
  • On-Street Parking

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 093357

Property Details

Property Type

Other

Est. Annual Taxes

$669

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: G
  • Sub Type: Improved
  • Sub Type2: Food Service, Retail
  • Agreement Service: Full Service
  • Agreement Type: Exclusive Right to Sell
  • Appointment Center Phone: (910) 470-4555
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Brick/Stone
  • Cooling System: Central
  • Deed Book: 1867
  • Deed Page: 483.00
  • Directions To Property: I-40 to Exit 390. Left onto Hwy 117 headed to Wallace. Turn left on Hwy 41. Cross railroad tracks, building on right.
  • Foundation: Slab
  • H O A: No
  • Listing I D: 100325269
  • List Priceper Sq Ft: 68.42
  • Location Type: Mainland
  • Lot Acres: 0.05
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 2178.00
  • Lot Water Features: None
  • Marketing City: Wallace
  • M L S Approved: Y
  • New Construction: No
  • Office Exclusive: No
  • Post Closing Seller Concession Amount: 1000.00
  • Post Closing Seller Concessions: Yes
  • Pre Direction: W
  • Prospect Exempt: No
  • Road Type Frontage: Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Duke Energy
  • Sign On Property: No
  • Special Assessments: None Known
  • Sq Ft Heated: 1900.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Not In Subdivision
  • Tax Identifier: 093357
  • Tax Year: 2018
  • Terms: Cash, Conventional
  • Total Real Estate Property Taxes: 668.60
  • Year Built: 1900
  • Zoning: Central Busines
  • Appointment Contact: Pam Teachey
  • C And I Features: ADA Compliant, Reception Area, Security System, Storage Inside
  • Definition: RE W/O Business
  • H O A Amenities: No Amenities
  • Location: Gen Bus District, Historic District
  • Sale Lease: Sale
  • Sale Lease Includes: Buildings
  • E M D Trust Account: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Attic: Stairs - Pull Down
  • Flooring: Tile, Wood

Exterior Features

  • Exterior Finish: Brick

Garage/Parking

  • Parking Driveway: Public, Street Only

Utilities

  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2022
Closed on
May 6, 2022
Sold by
Gilmore Padgett Teresa and Cipriano Trevor
Bought by
Casteen Gregory Reid and Casteen Ramona Cavenaugh
Seller's Agent
Pamela Teachey
Southeastern Real Estate Co, Inc.
Buyer's Agent
Pamela Teachey
Southeastern Real Estate Co, Inc.
List Price
$130,000
Sold Price
$130,000
Current Estimated Value
$176,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,921
Avg. Annual Appreciation
8.78%

Purchase Details

Listed on
Jun 24, 2017
Closed on
Feb 27, 2018
Sold by
Sheffields Tea Room Llc
Bought by
Gilmore-Simmons Teresa
Seller's Agent
Curt Simpson
Simpson Real Estate Group Inc
Buyer's Agent
Curt Simpson
Simpson Real Estate Group Inc
List Price
$64,900
Sold Price
$48,000
Premium/Discount to List
-$16,900
-26.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.63%

Purchase Details

Closed on
Jun 12, 2009
Sold by
Fussell Herman L and Fussell Susan C
Bought by
Sheffields Tea Room Llc
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

Date Buyer Sale Price Title Company
Casteen Gregory Reid $130,000 Colby & Mincey Pllc
Gilmore-Simmons Teresa $48,000 --
Gilmore-Simmons Teresa -- --
Sheffields Tea Room Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2022 05/19/22 Sold $130,000 0.0% $68 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
05/01/2022 05/01/22 For Sale $130,000 +170.8% $68 / Sq Ft
03/01/2018 03/01/18 Sold $48,000 -26.0% $25 / Sq Ft View Prior Sale
02/08/2018 02/08/18 Pending -- -- --
06/24/2017 06/24/17 For Sale $64,900 -- $34 / 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 $766 $69,000 $15,700 $53,300
2024 $1,289 $95,100 $13,100 $82,000
2023 $1,289 $95,100 $13,100 $82,000
2022 $1,263 $95,100 $13,100 $82,000
2021 $1,289 $95,100 $13,100 $82,000
2020 $699 $95,100 $13,100 $82,000
2019 $680 $95,100 $13,100 $82,000
2018 $687 $95,100 $13,100 $82,000
2016 $1,028 $139,700 $13,100 $126,600
2013 $993 $139,700 $13,100 $126,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Pamela Teachey

    Southeastern Real Estate Co, Inc.

    Section Image

  • V

    Seller Co-Listing Agent in 2022

    Vicki Foster

    Southeastern Real Estate Co, Inc.

    Section Image

  • V

    Buyer Co-Listing Agent in 2022

    Vickie Foster

    Realty World South Eastern RE

    Section Image
  • Curt Simpson

    Seller's Agent in 2018

    Curt Simpson

    Simpson Real Estate Group Inc

    (910) 290-2194

    70 in this area

    145 Total Sales

    Curt Simpson
    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100325269

Hive MLS

APN: 09-3357

North Carolina Duplin County Wallace 28466

110 W Main St, Wallace, NC

Not Listed for Sale

Other

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