NOT LISTED FOR SALE

113 Falling Water Way Wallace, NC 28466

Wallace Area

Estimated Value: $609,000 - $683,000

3 Beds
2.5 Baths
2,728 Sq Ft
$235/Sq Ft Est. Value

Sale Details

Date Sold: April 10, 2025

Last sale price $595,000 $218 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,966 / mo

158 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Wood Flooring
  • Indoor Pool
  • Vaulted Ceiling
  • Attic

About This Home

As of April 2025

Discover serene living at its finest with this custom-built Frank Lloyd Wright inspired home in the prestigious River Bend neighborhood. Sited on a quiet cul-de-sac, this 3-bedroom, 2.5-bathroom masterpiece spans 2,728 sq ft, promising comfort and elegance. The striking front porch, adorned with wood beams, introduces an abode where natural elements and architectural genius converge. Inside, you'll find hardwood flooring throughout the living areas, carpeted bedrooms, and a vaulted ceiling in the living room enhancing the airy feel. A stone gas fireplace adds a cozy touch.Effortlessly entertain in the spacious kitchen featuring deep walnut custom cabinetry, Samsung appliances, gas range, a 6-foot island, and stylish pendant lighting, all flowing seamlessly into the dining room. Retreat to the expansive 23x14 master suite with a trey ceiling, an en-suite bath boasting dual vanities, walk-in tile shower with multiple showerheads, bench seating, and a cedar-lined walk-in closet. Each guest room boasts ample space and excellent closet capacity.Enhance your lifestyle with doors that open from the living room to an exquisite covered porch, designed for alfresco enjoyment amidst Belguard stone patio and lush landscaping. The estate area of River Bend offers an enviable lifestyle with a multi-million dollar clubhouse, restaurants, a golf course, pools, tennis courts, and more, just 45 minutes from Wilmington, NC. Embrace luxury and privacy in this standout property, designed for those who aspire to both tranquility and community connection.

Last Agent to Sell the Property

Lisa Myers

Century 21 Vanguard License #251706 Listed on: 08/29/2024

Century 21 Vanguard

Last Buyer's Agent

Elizabeth Hammonds

Miller and Hooks Realty LLC License #331359

Miller and Hooks Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 27,007 Sq Ft Lot
  • Lot Dimensions are 40x269x193x212
  • Property fronts a state road
  • Cul-De-Sac

HOA Fees

  • $163 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Composite Building Materials

Interior Spaces

  • 2,728 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Doors
  • Mud Room
  • Entrance Foyer
  • Combination Dining and Living Room
  • Crawl Space
  • Laundry Room
  • Attic

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Indoor Pool
  • Covered Patio or Porch

Schools

  • Wallace Elementary And Middle School
  • Wallace-Rose Hill High School

Utilities

  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 09-6840

Community Details

Overview

  • River Bend HOA
  • River Landing Subdivision

Amenities

  • Picnic Area
  • Restaurant
  • Clubhouse
  • Party Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Racquetball
  • Park
  • Trails

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0.62 Acres

HOA Fees

$163 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Single Family Residence
  • Appliances: Gas Oven, Built-In Microwave, Dishwasher
  • Original List Price: 605000.00
  • Accessibility Features: None
  • Unit Levels: One
  • Living Area: 2728.00
  • Is New Construction?: No
  • Type Type: 3 Bedroom
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 221.77
  • Special Features: VirtualTour

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Master Downstairs, Walk-in Closet(s), Vaulted Ceiling(s), Tray Ceiling(s), High Ceilings, Entrance Foyer, Mud Room, Solid Surface, Kitchen Island, Ceiling Fan(s), Pantry, Walk-in Shower, Gas Log, Walk-In Closet(s)
  • Master Bedroom Level: Primary Living Area
  • Stories: 1
  • Laundry Features: Laundry Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Thermal Doors
  • Fireplace Features: Gas Log
  • Has Fireplace?: Yes
  • Total Bedrooms: 7
  • Room Types: Dining Area, Master Bedroom, Living Room, Dining Room, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 3
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 2.10
  • Attic Features: Access Only
  • Living Area Range: 2600 - 2799

Exterior Features

  • Exterior Features: Thermal Doors
  • Exterior Finish: Composition, Fiber Cement
  • Fencing: None
  • Roof: Shingle
  • Road Frontage Type: Maintained, City Street, State Road
  • Waterfront Features: None
  • Waterfront?: No
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Covered, Patio, Porch

Garage/Parking

  • Has Attached Garage?: Yes
  • Garaged Spaces: 2.00
  • Has Attached Garage?: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 2.00
  • Attached Garage Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Heater: Natural Gas
  • Heating System Fuel Source: Natural Gas
  • Trash Collection: Private Service
  • Water Source: Public
  • Security Features: Security System, Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Gas Pack, Heat Pump, Natural Gas
  • Heating Yn: Yes
  • Sewer Provider: Community Sewer, Municipal Sewer
  • Natural Gas Provider: Piedmont Natural Gas Co.

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Golf Course, Indoor Pool, Management, Park, Party Room, Pickleball, Picnic Area, Racquetball, Restaurant, Sidewalks, Street Lights, Tennis Court(s), Trail(s)
  • Association Fees: 1955.00
  • Association Fee Frequency: Annually
  • Association Name: River Bend HOA
  • Association Phone#: 910285417
  • Has H O A?: Yes

Schools

  • Elementary School: Wallace
  • High School: Wallace-Rose Hill
  • Middle Or Junior School: Wallace

Lot Info

  • Deed Book: 2049
  • Deed Page: 923.00
  • Zoning: residential
  • Lot Features: Cul-De-Sac
  • Lot Size Acres: 0.62
  • Lot Size: 40x269x193x212
  • Lot Size Sq Ft: 27007.00
  • Purchase Contract Date: 2025-02-02
  • Parcel#: 09-6840
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: No
  • Permitted Use: Public

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Book Number: 21
  • Tax Map Number: 244
  • Tax Other Assessment Amount Frequency: none known

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Mar 28, 2025
Sold by
Bought by
Seller's Agent
Lisa Myers
Century 21 Vanguard
Buyer's Agent
Elizabeth Hammonds
Miller and Hooks Realty LLC
List Price
$629,900
Sold Price
$595,000
Premium/Discount to List
-$34,900
-5.54%
Views
180
Current Estimated Value
$640,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,069
Avg. Annual Appreciation
6.02%
Original Mortgage
$592,500
Interest Rate
0.0676%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 6, 2024
Sold by
Bought by
Seller's Agent
Courtenay Thompson
Landmark Sotheby's International Realty
Buyer's Agent
Chelsey Peterson
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$595,000
Sold Price
$582,500
Premium/Discount to List
-$12,500
-2.1%
Views
120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$595,000 None Listed On Document
$582,500 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $592,500
Previous Owner $181,700
Previous Owner $200,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2025 04/10/25 Sold $595,000 -1.7% $218 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
01/23/2025 01/23/25 Price Changed $605,000 -1.6% $222 / Sq Ft
12/28/2024 12/28/24 Price Changed $615,000 -1.6% $225 / Sq Ft
12/16/2024 12/16/24 Price Changed $624,900 -0.8% $229 / Sq Ft
08/28/2024 08/28/24 For Sale $629,900 +8.1% $231 / Sq Ft
03/13/2024 03/13/24 Sold $582,500 -2.1% $214 / Sq Ft View Prior Sale
02/15/2024 02/15/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $595,000 -- $218 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,779 $562,300 $30,000 $532,300
2024 $3,347 $398,600 $19,300 $379,300
2023 $3,367 $398,600 $19,300 $379,300
2022 $3,300 $398,600 $19,300 $379,300
2021 $3,355 $398,600 $19,300 $379,300
2020 $3,355 $398,600 $19,300 $379,300
2019 $3,275 $398,600 $19,300 $379,300
2018 $3,089 $398,600 $19,300 $379,300
2016 $1,063 $138,000 $138,000 $0
2013 $1,028 $138,000 $138,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100463373

Hive MLS

APN: 09-6840

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