$120,000
SOLD DEC 13, 2024

116 Raleigh Rd Wallace, NC 28466

3 Beds
1.5 Baths
1,415 Sq Ft
0.25 Acres

Recently Sold

$85 Per Sq Ft

23% Below List Price

12 Days on Market

Highlights

  • Wood Flooring
  • Combination Dining and Living Room
  • Heating Available
  • No HOA
  • Property is Fully Fenced
  • 1-Story Property

About This Home

As of April 2025

*****FINAL AND BEST BY 11/24/24 *****This potential-filled 3-bedroom, 1.5-bathroom home offers a unique opportunity for those looking for a fixer-upper with character. Situated within the city limits of Wallace, this property is within walking distance of the historic district, where you'll find local coffee shops, restaurants, shopping, the library, Clock Square, and a museum.The home features a fenced yard, providing privacy and space for outdoor activities, along with a convenient shed for extra storage. With its prime location close to community amenities and rich local history, 116 Raleigh Road is an ideal spot for anyone looking to enjoy the blend of small-town charm and customization potential.Don't miss out on this exceptional opportunity--schedule your showing today!

Last Agent to Sell the Property

Fannie Fann

BlueCoast Realty Corporation License #288671 Listed on: 11/13/2024

BlueCoast Realty Corporation

Co-Listed By

Melissa Murray

BlueCoast Realty Corporation License #283439

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,121

Year Built

  • Built in 1960

Lot Details

  • 0.25 Acre Lot
  • Property is Fully Fenced

Parking

  • On-Site Parking

Home Design

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

Interior Spaces

  • 1,415 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 094345

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,121

Year Built

Built in 1960

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: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: None
  • List Price per Sq Ft: 98.94
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1415.00
  • Total Heated Primary Separate Sq Ft: 1415.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick
  • Fencing: Full
  • Foundation: Crawl Space
  • Porch Balcony Deck: None
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Cooling System: Wall/Window Unit(s)
  • Fuel Tank: None
  • Heating System: Other-See Remarks
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 973.00
  • Lot Acres: 0.25
  • Lot Dimensions: 73x155x66x155 approx
  • Lot Sq Ft: 10890.00
  • Plat Book: 216
  • Plat Page: 467
  • Special Assessments: None Known
  • Zoning: RES

Tax Info

  • Tax Identifier: 094345
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 1120.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2025
Closed on
Apr 21, 2025
Sold by
Southern Flips Llc
Bought by
Cubbage Anna and Cubbage Mary Ann
Seller's Agent
Melinda Tyre
Melinda Tyre & Associates
Buyer's Agent
Tara English
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$227,900
Sold Price
$220,000
Premium/Discount to List
-$7,900
-3.47%
Total Days on Market
12
Views
48
Current Estimated Value
$217,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,928
Avg. Annual Appreciation
-21.52%
Original Mortgage
$209,855
Outstanding Balance
$209,855
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$3,788

Purchase Details

Listed on
Nov 13, 2024
Closed on
Dec 6, 2024
Sold by
East Cheryl Lynn and Gochenour Frank Stanley
Bought by
Southern Flips Llc
Seller's Agent
Fannie Fann
BlueCoast Realty Corporation
Buyer's Agent
A Non Member
A Non Member
List Price
$155,000
Sold Price
$120,000
Premium/Discount to List
-$35,000
-22.58%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
438.55%

Purchase Details

Closed on
Aug 5, 2019
Sold by
East Anita C and East Cheryl L
Bought by
East Cheryl L

Purchase Details

Closed on
Jun 5, 1980
Bought by
East Walter D
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $221,000 None Listed On Document
Warranty Deed $120,000 None Listed On Document
Warranty Deed -- --
Deed $34,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $209,855 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $220,000 +1.9% $155 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
03/27/2025 03/27/25 Price Changed $215,900 -1.8% $153 / Sq Ft
03/05/2025 03/05/25 Price Changed $219,900 -3.5% $155 / Sq Ft
02/22/2025 02/22/25 For Sale $227,900 +89.9% $161 / Sq Ft
12/13/2024 12/13/24 Sold $120,000 -14.3% $85 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/22/2024 11/22/24 Price Changed $140,000 -9.7% $99 / Sq Ft
11/13/2024 11/13/24 For Sale $155,000 -- $110 / 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 $1,121 $82,700 $13,500 $69,200
2023 $1,098 $82,700 $13,500 $69,200
2022 $1,098 $82,700 $13,500 $69,200
2021 $1,098 $82,700 $13,500 $69,200
2020 $608 $82,700 $13,500 $69,200
2019 $591 $82,700 $13,500 $69,200
2018 $591 $82,700 $13,500 $69,200
2016 $547 $74,900 $13,500 $61,400
2013 $528 $74,900 $13,500 $61,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100475650

Hive MLS

APN: 09-4345