NOT LISTED FOR SALE

112 Magnolia Bay Ln Wallace, NC 28466

Estimated Value: $429,000 - $506,000

3 Beds
3 Baths
2,203 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $268,290 $122 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,884/month

462 Days on Market

Highlights

  • Clubhouse
  • Fireplace
  • Walk-In Closet
  • Community Pool
  • Screened Patio
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

Beautiful Home in the Gated River Landing- Come take a look -- New interior paint and carpet -- -- Golf , pool. Club House , walking trails - All so close you can enjoy every day . Walking trails to walk those fur babies . This home has a awesome front porch as well as a screened in back porch .perfect for sipping your morning coffee on to get ready for the day or finishing off the perfect day ,Conveniently located near I-40 for an easy commute to Wilmington- Large finished bonus room upstairs with its own full bath making it perfect for a game room or exercise room - This is a Fannie Mae HomePath Property .

Last Agent to Sell the Property

Darlene Price

The Cardinal Group License #209394 Listed on: 04/04/2019

Last Buyer's Agent

Member Non-

Non-member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,385

Year Built

  • Built in 2006

Lot Details

  • 0.31

HOA Fees

  • $149 Monthly HOA Fees

Home Design

  • Composition Roof

Interior Spaces

  • 2,203 Sq Ft Home
  • 1.5-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • Screened Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 09-3316-02-5269

Community Details

Overview

  • River Landing Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,385

Year Built

Built in 2006

Lot Details

0

HOA Fees

$149 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Stories Levels: One and One Half
  • Year Built: 2006
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Interior Amenities: Walk-In Closet
  • List Price per Sq Ft: 127.05
  • Full Bathrooms: 3
  • Bedrooms: 3
  • Number Rooms: 7
  • Sq Ft Heated: 2203.00
  • Total Heated Primary Separate Sq Ft: 2203.00

Exterior Features

  • Exterior Finish: Fiber Cement
  • Foundation: Crawl Space
  • Porch Balcony Deck: Screened
  • Roof: Composition

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Parking Driveway: Concrete

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Range
  • Cooling System: Central
  • Heating System: Fireplace(s), Forced Air
  • Water Heater: See Remarks

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Community Pool
  • HOAAssociationFee1Year: 1783.00

Lot Info

  • Deed Page: 539.00
  • Lot Dimensions: .310
  • Plat Book: 16
  • Plat Page: 42-45

Tax Info

  • Tax Identifier: 09-3316-02-5269
  • Total Real Estate Property Taxes: 2385.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2019
Closed on
Aug 3, 2020
Sold by
Fannie Mae
Bought by
Flatley John F
Seller's Agent
Darlene Price
The Cardinal Group
Buyer's Agent
Member Non-
Non-member
List Price
$268,290
Sold Price
$268,290
Current Estimated Value
$469,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,415
Avg. Annual Appreciation
11.44%

Purchase Details

Closed on
Mar 12, 2019
Sold by
Ingle Grady I
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 26, 2007
Sold by
Riverbark Inc
Bought by
Turner Joe M and Turner Valerie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Flatley John F -- None Available
Federal National Mortgage Association $259,700 --
Turner Joe M $382,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Turner Joe M $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2020 08/10/20 Sold $268,290 0.0% $122 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
04/04/2019 04/04/19 For Sale $268,290 -- $122 / 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 $3,023 $447,400 $20,000 $427,400
2024 $2,602 $307,700 $11,200 $296,500
2023 $2,565 $307,700 $11,200 $296,500
2022 $2,565 $307,700 $11,200 $296,500
2021 $0 $307,700 $11,200 $296,500
2020 $2,605 $307,700 $11,200 $296,500
2019 $2,544 $307,700 $11,200 $296,500
2018 $2,451 $307,700 $11,200 $296,500
2016 $2,822 $357,500 $80,000 $277,500
2013 $2,731 $357,500 $80,000 $277,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Darlene Price

    The Cardinal Group

  • M

    Buyer's Agent in 2020

    Member Non-

    Non-member

See All Agents

Map

Source: Hive MLS

MLS Number: 72714

Hive MLS

APN: 09-2298

North Carolina Duplin County Wallace 28466

112 Magnolia Bay Ln, Wallace, NC

This home is located at 112 Magnolia Bay Ln, Wallace, NC 28466 since 04 April 2019 and is currently estimated at $469,705, approximately $213 per square foot. This property was built in 2006. 112 Magnolia Bay Ln is a home located in Duplin County with nearby schools including Wallace Elementary School, Wallace-Rose Hill High School, and New Hope Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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