NOT LISTED FOR SALE

117 Magnolia Bay Ln Wallace, NC 28466

Estimated Value: $688,052 - $728,000

4 Beds
4 Baths
3,429 Sq Ft
$205/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $650,000 $190 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,131/month

11 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Clubhouse
  • Fitness Center
  • Pond View
  • Vaulted Ceiling

About This Home

As of September 2022

This luxurious full brick home is an entertainer's dream. It is loaded with custom features, high-end finishes, and a very desirable 4 bedroom, 4 full bathroom floor plan. Entering the home you will notice rich hardwood flooring that spans throughout the almost 3,500 sqft home. A grand entrance shows the elegant dining room which opens to the spacious great room with 10-foot ceilings, a gas fireplace, and built-in bookshelves. From there travel to the chef's kitchen boasting Kenmore Elite stainless steel appliances, a 5 burner gas cooktop, a large walk-in pantry, and plenty of cabinets with custom features like pull-out spice racks, a knife sharpening and so much more. Enjoy your dinner at the table in your oversized dinette area loaded with extra cabinets, a drink cooler, and a desk all open to your family room. Retreat to your master bedroom which offers a huge walk-in closet, walk-in tiled shower with double vanity, and an extra makeup area. Enjoy the fresh air from either the screened-in covered porch, or patio with natural gas grill, or step down and watch the birds as you sit on an additional large patio. The generous laundry room, 2 additional bedrooms with Jack and Jill bathroom, an extra full bath, and parlor with custom bar, sink and wine cooler finish off the main floor. The second floor offers a full bathroom, closet, and large room that can be used as an additional bedroom or game room. If you are looking for storage, there is a walk-in attic, a generous garage with a workshop, and storage closets.

Last Agent to Sell the Property

Nancy Laslo

Keller Williams Innovate-Wilmington License #330944 Listed on: 07/29/2022

Keller Williams Innovate-Wilmington

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 2010

Lot Details

  • 0.28 Acre Lot
  • Property fronts a private road
  • Street terminates at a dead end
  • Sprinkler System

HOA Fees

  • $150 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,429 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Bar Fridge
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Formal Dining Room
  • Workshop
  • Pond Views
  • Crawl Space
  • Attic Floors

Kitchen

  • Built-In Self-Cleaning Double Oven
  • Gas Cooktop
  • Range Hood
  • <<builtInMicrowave>>
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Accessible Home Design

  • Accessible Bathroom
  • Accessible Kitchen
  • Accessible Hallway
  • Accessible Doors
  • Accessible Entrance

Outdoor Features

  • Enclosed patio or porch
  • Outdoor Gas Grill

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 09-2313

Community Details

Overview

  • River Landing Subdivision
  • Maintained Community

Amenities

  • Community Garden
  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Golf Course Membership Available
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,064

Year Built

Built in 2010

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Accessible Doors, Hallways, Kitchen, Bathroom, Accessible Entrance
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2010
  • Trash Collection: Private Service
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Walk-In
  • Basement: None
  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, Security System, Workshop, Wet Bar, Walk-In Closet, Walk-in Shower, Sprinkler System, Solid Surface, Smoke Detectors, Foyer, Pantry, Mud Room, Kitchen Island, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey, Bookcases, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 196.85
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 12
  • Sq Ft Heated: 3429.00
  • Total Heated Primary Separate Sq Ft: 3429.00

Exterior Features

  • Exterior Features: Gas Grill, Irrigation System
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Screened, Patio, Porch, Enclosed
  • Road Type Frontage: Paved, Private
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Attached, On Site, Garage Door Opener, Concrete

Utilities

  • Appliances Equipment: Bar Refrigerator, Dishwasher, Water Softener, Washer, Wall Oven, Vent Hood, Self Cleaning Oven, Refrigerator, Microwave - Built-In, Ice Maker, Humidifier/Dehumidifier, Dryer, Double Oven, Disposal, Cooktop - Gas
  • Cooling System: Central, Zoned
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Fireplace(s), Forced Air
  • Service Providers Electric Provider: Four County Electric
  • Utilities: Municipal Sewer, Natural Gas Available, Municipal Water
  • Water Heater: Natural Gas, Tankless
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Pickleball, Trash, Tennis Court(s), See Remarks, Playground, Picnic Area, Maint - Comm Areas, Management, Maint - Roads, Maint - Grounds, Gated, Golf Course, Club Membership, Fitness Center, Community Pool, Comm Garden, Clubhouse
  • HOAAssociationFee1Year: 1801.00

Lot Info

  • Deed Page: 585.00
  • Lot Acres: 0.28
  • Lot Description: Dead End
  • Lot Dimensions: irregular
  • Lot Sq Ft: 12197.00
  • Plat Book: 16
  • Plat Page: 42
  • Zoning: Residential
  • Horse Amenities: None
  • Lot View Type: Pond View

Green Features

  • Green Bldg Features: Energy Star Appl, Sealed Crawl Space, Tankless Water Heater

Tax Info

  • Tax Identifier: 09-2313
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Aug 31, 2022
Sold by
Wild Janice L
Bought by
Platek Don and Platek Sherry
Seller's Agent
Nancy Laslo
Keller Williams Innovate-Wilmington
Buyer's Agent
A Non Member
A Non Member
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Views
10
Current Estimated Value
$702,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,684
Avg. Annual Appreciation
1.81%

Purchase Details

Closed on
Feb 27, 2002
Bought by
Wild Larry W and Wife Wild Janice L
Source: Public Records

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 Buyer Sale Price Title Company
Platek Don $650,000 --
Wild Larry W $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wild Janice L $416,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2022 09/08/22 Sold $650,000 -3.7% $190 / Sq Ft
08/10/2022 08/10/22 Pending -- -- --
07/30/2022 07/30/22 For Sale $675,000 -- $197 / 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 $1,064 $436,800 $11,200 $425,600
2023 -- $436,800 $11,200 $425,600
2022 $3,609 $436,800 $11,200 $425,600
2021 $3,597 $436,800 $11,200 $425,600
2020 $3,597 $436,800 $11,200 $425,600
2019 $3,583 $436,800 $11,200 $425,600
2018 $3,452 $436,800 $11,200 $425,600
2016 $3,709 $472,700 $80,000 $392,700
2013 $3,589 $472,700 $80,000 $392,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100341711

Hive MLS

APN: 09-2301