NOT LISTED FOR SALE

118 Twelve Oak Dr Wallace, NC 28466

Estimated Value: $467,000

1.85 Acres
$252,432 Price per Acre
80,586 Sq Ft Lot

Last Sold February 17, 2021

Last sale price $33,000

Est. 1,315% increase in value since last sale

Current estimated payment $2,740/month

14 Days on Market

Highlights

  • 1.85 Acre Lot
  • No HOA
  • Open Lot

About This Lot

As of February 2021

Small sought after subdivision just off of Highway 11, Three minutes to I40, short distance to Wilmington and Raleigh. Great location, no city taxes. Restrictive Covenants, no manufactured homes, 1700 sq. footage minimum. See book and page for Covenants Bk 1218, Pg. 337, Amendments to Res. Covs. Bk. 1565 Pg. 814 Duplin County Website. Road maintenance by home owners

Last Agent to Sell the Property

Patricia Boykin

Dunn Realty License #43128 Listed on: 12/07/2020

Last Buyer's Agent

Jason Bell

Keller Williams Innovate-Wilmington License #225212

Keller Williams Innovate-Wilmington

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $206

Lot Details

  • 1.85 Acre Lot
  • Property fronts a private road
  • Open Lot
  • Cleared Lot

Schools

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

Community Details

  • No Home Owners Association
  • Wallace Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 09-5240

Property Details

Property Type

Land

Est. Annual Taxes

$206

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: Private
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 100

Utilities

  • Fuel Tank: None

Association/Amenities

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

Schools

  • School District: Duplin

Lot Info

  • Deed Book: 1547
  • Deed Page: 911.00
  • Lot Description: Open
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 80586.00
  • Zoning: R
  • Cleared Acres: 1.85
  • Acres: 1.85
  • Current Use: Development
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 20540.54
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared

Tax Info

  • Tax Identifier: 09-5240
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 205.56

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 16, 2021
Sold by
Dunn James Allen and Dunn Beverly A
Bought by
Benton Charles and Benton Anita
Seller's Agent
Patricia Boykin
Dunn Realty
Buyer's Agent
Jason Bell
Keller Williams Innovate-Wilmington
List Price
$38,000
Sold Price
$33,000
Premium/Discount to List
-$5,000
-13.16%
Total Days on Market
14
Current Estimated Value
$467,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,000
Avg. Annual Appreciation
79.75%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Benton Charles $33,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benton Charles William $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $33,000 -13.2% --
12/21/2020 12/21/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $38,000 -- --
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 $1,788 $208,400 $25,000 $183,400
2023 -- $62,100 $25,000 $37,100
2022 $1 $25,000 $25,000 $0
2021 $206 $25,000 $25,000 $0
2020 $206 $25,000 $25,000 $0
2019 $201 $25,000 $25,000 $0
2018 $194 $25,000 $25,000 $0
2016 $193 $25,000 $25,000 $0
2013 $2,246 $25,000 $25,000 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Patricia Boykin

    Dunn Realty

    (910) 617-8408

    Section Image
  • Jason Bell

    Buyer's Agent in 2021

    Jason Bell

    Keller Williams Innovate-Wilmington

    (910) 599-8029

    1 in this area

    131 Total Sales

    Jason Bell
    Section Image
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Map

Source: Hive MLS

MLS Number: 100248130

Hive MLS

APN: 09-5240

North Carolina Duplin County Wallace 28466

118 Twelve Oak Dr, Wallace, NC

This home is located at 118 Twelve Oak Dr, Wallace, NC 28466 since 07 December 2020 and is currently estimated at $467,000. 118 Twelve Oak Dr is a home located in Duplin County with nearby schools including Wallace Elementary School and Wallace-Rose Hill High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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