NOT LISTED FOR SALE

117 Falling Water Way Wallace, NC 28466

Estimated Value: $62,000 - $70,117

0.97 Acres
$68,102 Price per Acre
42,253 Sq Ft Lot

Last Sold October 27, 2016

Last sale price $7,500

Est. 781% increase in value since last sale

Current estimated payment $458/month

165 Days on Market

Highlights

  • 203 Feet of Waterfront
  • Fitness Center
  • 0.97 Acre Lot
  • Golf Course Community
  • Gated Community
  • Clubhouse

About This Lot

As of October 2016

Gorgeous almost a full acre Riverfront lot located at The Bluffs in River Landing. Near the coast of eastern North Carolina, approximately 40 minutes from Wilmington and 1 hour from Raleigh you will find the exclusive gated community of River Landing. River Landing offers two 18-hole championship golf courses rated Top 50 Courses in North Carolina, designed by nationally acclaimed architect Clyde Johnson of Hilton Head, SC. The community offers world-class club amenities complete with a clubhouse, fitness center, an indoor pool, an outdoor pool and walking/biking trails, as well as a picnic area and kayak access on the river.

Last Agent to Sell the Property

Bea Desmond

Intracoastal Realty Corp Listed on: 04/26/2016

Last Buyer's Agent

Keith Beatty

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Lot Details

  • 0.97 Acre Lot
  • 203 Feet of Waterfront
  • Cul-De-Sac
  • Cleared Lot

HOA Fees

  • $102 Monthly HOA Fees

Property Views

  • Water Views

Schools

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

Listing and Financial Details

  • Tax Lot B4
  • Assessor Parcel Number 09-3326-03-00-6731

Community Details

Overview

  • River Landing Poa, Phone Number (910) 285-4171
  • River Landing Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Water Access

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Lot Details

0.97 Acres

HOA Fees

$102 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 15463.92
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Water Frontage: 203.00

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Clubhouse, Fitness Center, Gated Community, Golf Course, Maint - Comm Areas, Mgmt Fee, Picnic Grounds, Playground, Pool, Restaurant, Security, Tax Comm Areas, Tennis
  • Annual H O A: 1225.00
  • H O A Company: River Landing POA
  • H O A Phone: (910) 285-4171

Schools

  • Elementary School: Wallace
  • High School: Wallace-Rose Hill
  • Middle School: Charity
  • School District: Duplin

Lot Info

  • Cobra Zone: No
  • Deed Book: 1649
  • Deed Page: 137.00
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: Irregular
  • Lot Number: B4
  • Lot Sq Ft: 42253.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Zoning: No Zoning
  • Acres: 0.97
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: B4

Rental Info

  • Appointment Center Phone: 910-508-0793
  • Appointment Contact: Bea Desmond

Tax Info

  • Tax Identifier: 09-3326-03-00-6731
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2025
Sold by
Crimson Mountain Llc
Bought by
Parham Alan Thomas and Cantrell Jada Ann
Current Estimated Value
$66,059

Purchase Details

Listed on
Apr 26, 2016
Closed on
Oct 17, 2016
Sold by
Swanlea Llc
Bought by
Crimson Mountain Llc
Seller's Agent
Bea Desmond
Intracoastal Realty Corp
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$69,000
Sold Price
$7,500
Premium/Discount to List
-$61,500
-89.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.17%

Purchase Details

Closed on
Apr 23, 2009
Sold by
Ray Letizia
Bought by
Swanlea Llc
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Parham Alan Thomas $70,000 None Listed On Document
Crimson Mountain Llc $8,000 Attorney
Swanlea Llc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2016 10/27/16 Sold $7,500 -89.1% --
10/08/2016 10/08/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $69,000 -- --
Source: Hive MLS

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 $197 $30,000 $30,000 $0
2024 $431 $52,500 $52,500 $0
2023 $433 $52,500 $52,500 $0
2022 $424 $52,500 $52,500 $0
2021 $433 $52,500 $52,500 $0
2020 $433 $52,500 $52,500 $0
2019 $423 $52,500 $52,500 $0
2018 $0 $52,500 $52,500 $0
2016 $2,888 $375,000 $375,000 $0
2013 $2,793 $375,000 $375,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100010401

Hive MLS

APN: 09-6866

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