NOT LISTED FOR SALE

111 N Teachey Rd Wallace, NC 28466

Estimated Value: $252,000 - $328,000

5 Beds
2.5 Baths
2,163 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $222,000 $103 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,751/month

5 Days on Market

Highlights

  • Above Ground Pool
  • Main Floor Primary Bedroom
  • No HOA
  • Wood Flooring
  • 1 Fireplace
  • Formal Dining Room

About This Home

As of September 2021

Charming brick home, 5BR 2.5 BA in downtown Wallace. Brick exterior with new vinyl windows in 2021, new roof and water heater in 2018. Large city lot with mature landscaping. Three car attached carport and a wired, 24x27 two car detached garage. Enjoy the above ground pool in the peaceful back yard. There are three bedrooms downstairs and 2 full baths, recently updated. Original hardwood flooring in living areas and bedrooms. Formal dining room, seperate laundry room, and a cozy screened side porch. Upstairs offers 2 additional bedrooms, ample storage and a half bath. Come see this home with lots of character in the downtown community of Wallace.

Last Agent to Sell the Property

Suzanne Spell

Intracoastal Realty Corporation License #214471 Listed on: 08/03/2021

Last Buyer's Agent

Frances Downey

Fathom Realty NC, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,565

Year Built

  • Built in 1948

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 105x176x94x223

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,163 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Storage In Attic

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • 3 Attached Carport Spaces
  • Driveway

Outdoor Features

  • Above Ground Pool
  • Screened Patio
  • Separate Outdoor Workshop

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09-5587

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,565

Year Built

Built in 1948

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: 2.0
  • Stories Levels: Two
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Foyer, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 101.25
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 5
  • Number Rooms: 9
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Second
  • Bedroom 5 Level: Second
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Sq Ft Heated: 2163.00
  • Total Heated Primary Separate Sq Ft: 2163.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Brick Veneer
  • Exterior Structures: Workshop
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: Above Ground
  • Porch Balcony Deck: Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Carport Spaces: 3.00
  • Detached Garage Spaces: 2.00
  • Total Carport Spaces: 3.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 954.00
  • Lot Acres: 0.43
  • Lot Dimensions: 105x176x94x223
  • Lot Sq Ft: 18800.00
  • Zoning: Residential

Tax Info

  • Tax Identifier: 09-5587
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 16, 2021
Sold by
Hamm Winston A and Hamm Jennafer L
Bought by
Clemons Jeffrey David and Clemons Doris King
Seller's Agent
Suzanne Spell
Intracoastal Realty Corporation
Buyer's Agent
Frances Downey
Fathom Realty NC, LLC
List Price
$219,000
Sold Price
$222,000
Premium/Discount to List
$3,000
1.37%
Current Estimated Value
$297,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,569
Avg. Annual Appreciation
6.80%
Original Mortgage
$217,979
Outstanding Balance
$200,494
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$86,443

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jun 4, 2018
Sold by
Wilson Chad G and Wilson Keli G
Bought by
Hamm Jennafer L and Hamm Winston A
Seller's Agent
Curt Simpson
Simpson Real Estate Group Inc
Buyer's Agent
Suzanne Spell
Intracoastal Realty Corporation
List Price
$149,900
Sold Price
$155,000
Premium/Discount to List
$5,100
3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%
Original Mortgage
$156,565
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 4, 2014
Closed on
Apr 19, 2015
Sold by
Casswell Tiffany Young and Casswell Shane
Bought by
Wilson Chad G
Seller's Agent
Wanda Canady
RCA Realty
Buyer's Agent
Wanda Canady
RCA Realty
List Price
$124,900
Sold Price
$119,500
Premium/Discount to List
-$5,400
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$122,069
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Young Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,750
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2010
Sold by
Yopp Jerry B and Yopp Mildred G
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
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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
Clemons Jeffrey David $222,000 None Available
Hamm Jennafer L $155,000 --
Wilson Chad G $1,195,000 None Available
Young Tiffany -- --
Federal Home Loan Mortgage Corporation $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clemons Jeffrey David $217,979
Previous Owner Hamm Jennafer L $156,565
Previous Owner Wilson Chad G $122,069
Previous Owner Young Tiffany $84,750
Previous Owner Yopp Jerry B $160,000
Previous Owner Yopp Jerry B $151,200
Previous Owner Yopp Jerry B $133,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $222,000 +1.4% $103 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $219,000 +41.3% $101 / Sq Ft
06/12/2018 06/12/18 Sold $155,000 +3.4% $75 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $149,900 +25.4% $73 / Sq Ft
04/20/2015 04/20/15 Sold $119,500 -4.3% $58 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
11/04/2014 11/04/14 For Sale $124,900 -- $60 / 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 $1,565 $115,500 $20,400 $95,100
2023 $1,534 $115,500 $20,400 $95,100
2022 $1,534 $115,500 $20,400 $95,100
2021 $1,565 $115,500 $20,400 $95,100
2020 $849 $115,500 $20,400 $95,100
2019 $826 $115,500 $20,400 $95,100
2018 $826 $115,500 $20,400 $95,100
2016 $830 $113,700 $20,400 $93,300
2013 -- $113,700 $20,400 $93,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100284311

Hive MLS

APN: 09-5587