NOT LISTED FOR SALE

117 Pine Ridge Wallace, NC 28466

Estimated Value: $16,852 - $204,000

0.51 Acre
$216,522 Price per Acre
22,216 Sq Ft Lot

Last Sold December 23, 2022

Last sale price $14,000

Est. 689% increase in value since last sale

Current estimated payment $618/month

260 Days on Market

Highlights

  • Waterfront Community
  • Gated Community
  • Security Service
  • Water Access
  • Corner Lot
  • Maintained Community

About This Lot

As of December 2022

Beautiful half acre, corner lot nestled in the exclusive, sought after, waterfront community of River Landing in Wallace! Situated in River Ridge, this property has some nice character trees and is mostly cleared, plus it is NOT in a special flood hazard area. This section of River Landing calls for a minimum heated square footage of 2400 total. HOA dues on this lot are $1375/year, and include taxes/insurance/maintenance on common areas, trash removal, street lights, road/parking maintenance, and the gatehouse security. Just a short drive up I-40 from Wilmington NC, River Landing is a true coastal lifestyle community offering not one, but two 18-hole golf courses. Mature trees, sidewalk lined streets & nature trails enable you to enjoy the outdoors as much as possible. River Landing offers several different levels of membership to meet your needs, providing access to as little or as much as you would use and enjoy. Neighborhood amenities include both an indoor & outdoor pool, club house with both casual & formal dining options, golf membership, driving range, tennis/pickleball courts, fitness facility, playground, basketball courts, & more. Ask for details when you call today!

Last Agent to Sell the Property

Christina Asbury

Coldwell Banker Sea Coast Advantage License #211160 Listed on: 03/17/2022

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Christina Asbury

Coldwell Banker Sea Coast Advantage License #211160 Listed on: 03/17/2022

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $195

Lot Details

  • 0.51 Acre Lot
  • Property fronts a private road
  • Corner Lot
  • Level Lot
  • Cleared Lot

Schools

  • Wallace Elementary School
  • None Middle School
  • Wallace-Rose Hill High School

Listing and Financial Details

  • Tax Lot RR-23
  • Assessor Parcel Number 096267

Community Details

Overview

  • Property has a Home Owners Association
  • River Landing Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Waterfront Community
  • Water Access

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$195

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 240

Utilities

  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: Wallace Water Company
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated Community, Maint - Comm Areas, Maint - Grounds, Maint - Roads, Mgmt Fee, Security, See Remarks, Sidewalk, Street Lights, Tax Comm Areas, Trash Removal

Lot Info

  • Deed Book: 1539
  • Deed Page: 125.00
  • Lot Description: Corner Lot, Development, See Remarks, Subdivision
  • Lot Dimensions: irregular
  • Lot Number: RR-23
  • Lot Sq Ft: 22216.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Plat Book: 20
  • Plat Page: 277
  • Special Assessments: none known
  • Zoning: R
  • Acres: 0.51
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 39215.69
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Level
  • Lot Number2: RR-23

Tax Info

  • Tax Identifier: 096267
  • Tax Year: 2021
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Wallace
  • High School: Wallace-Rose Hill
  • Middle School: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Dec 19, 2022
Sold by
Soward Royal D and Soward Sharon M
Bought by
Gefre John W
Seller's Agent
Christina Asbury
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Christina Asbury
Coldwell Banker Sea Coast Advantage
List Price
$20,000
Sold Price
$14,000
Premium/Discount to List
-$6,000
-30%
Views
8
Current Estimated Value
$110,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,426
Avg. Annual Appreciation
171.73%
Source: Public Records

Range of Values:

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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
Gefre John W $14,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $14,000 -30.0% --
12/02/2022 12/02/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $20,000 -- --
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 $195 $23,800 $23,800 $0
2023 $196 $23,800 $23,800 $0
2022 $192 $23,800 $23,800 $0
2021 $196 $23,800 $23,800 $0
2020 $196 $23,800 $23,800 $0
2019 $192 $23,800 $23,800 $0
2018 $184 $23,800 $23,800 $0
2016 $1,309 $170,000 $170,000 $0
2013 $1,266 $170,000 $170,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100317499

Hive MLS

APN: 09-6267