NOT LISTED FOR SALE

120 October Glory Dr Wallace, NC 28466

Estimated Value: $50,000

0.5 Acre
$100,000 Price per Acre
21,780 Sq Ft Lot

Last Sold May 12, 2023

Last sale price $18,000

Est. 178% increase in value since last sale

Current estimated payment $401/month

94 Days on Market

Highlights

  • Home fronts a pond
  • Pond View
  • Community Basketball Court
  • Gated Community
  • Wooded Lot
  • Trails

About This Lot

As of May 2023

Tranquil lot on expansive pond with sunset view at beautiful River Landing. Half acre residential parcel with mature trees and proximity to River Landing's world class amenities, including stunning clubhouse, sports and fitness center, pickle ball courts, tennis courts, and two top rated championship golf courses. Build a dream custom home, live in once of the best kept environments of the Southeast, and enjoy the active lifestyle of a top 50 master planned community.

Last Agent to Sell the Property

Beatty Pittman Real Estate Team LLC

Intracoastal Realty Corp License #C37146 Listed on: 01/26/2023

Intracoastal Realty Corp

Last Buyer's Agent

Sarah Busalachi

Intracoastal Realty Corp License #334591

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100x222x100x223
  • Home fronts a pond
  • Property fronts a private road
  • Cleared Lot
  • Wooded Lot

HOA Fees

  • $120 Monthly HOA Fees

Property Views

  • Pond Views

Schools

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

Listing and Financial Details

  • Tax Lot 331
  • Assessor Parcel Number 09-1941

Community Details

Overview

  • River Landing Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Community Basketball Court
  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$120 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Agreement Service: Full Service
  • Agreement Type: Exclusive Right to Sell
  • Auction: No
  • Cobra Zone: No
  • Deed Book: 1561
  • Deed Page: 35.00
  • Delayed Marketing: No
  • Directions To Property: NC HWY 41 @ I-40. Exit 385. North on NC HWY 41. River Landing Main Gate on the right - contact listing agent for access.
  • Document Count: 3
  • Elementary School: Wallace
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fuel Tank: None
  • High School: Wallace-Rose Hill
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Basketball, Gated Community, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Tax Comm Areas, Trails
  • Listing I D: 100366550
  • Location Type: Mainland
  • Lot Description: Development, Partially Cleared, Subdivision
  • Lot Dimensions: 100x222x100x223
  • Lot Number: 331
  • Lot Sq Ft: 21780.00
  • Lot Water Features: None
  • Marketing City: Wallace
  • Middle School: Wallace
  • Middle School2: Charity
  • M L S Approved: Y
  • Office Exclusive: No
  • Post Closing Seller Concessions: No
  • Prospect Exempt: No
  • Road Type Frontage: Maintained, Private
  • Service Providers Electric Provider: Four County Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Sign On Property: No
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: River Landing
  • Tax Identifier: 09-1941
  • Tax Year: 2022
  • Terms: Cash, Conventional
  • Waterview: Yes
  • Zoning: Residential
  • Acres: 0.50
  • Buildigson Property: None
  • Current Use: Development, Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Possible
  • List Priceper Acre: 36000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Wooded
  • Lot Number2: 331
  • E M D Trust Account: Yes
  • Road Frontage Type: Pond Front
  • Lot View Type: Pond View, Water View
  • H O A Association Fee1 Year: 1436.00
  • H O A H O A1 Mgmt Company: River Landing POA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
May 9, 2023
Sold by
Ovadia Robert H
Bought by
Busalachi and Craig
Seller's Agent
Beatty Pittman Real Estate Team LLC
Intracoastal Realty Corp
Buyer's Agent
Sarah Busalachi
Intracoastal Realty Corp
List Price
$18,000
Sold Price
$18,000
Views
80
Current Estimated Value
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,000
Avg. Annual Appreciation
46.62%

Purchase Details

Closed on
Aug 8, 2006
Sold by
Duplin Land Development Inc
Bought by
Ovadia Robert H and Gilroy Ovadia Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,350
Interest Rate
6.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 3, 2006
Sold by
Kistel C John and Kistel Dee Anne
Bought by
Duplin Land Development Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Busalachi $18,000 Beacon Title Agency
Ovadia Robert H $187,500 None Available
Duplin Land Development Inc $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ovadia Robert H $168,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2023 05/12/23 Sold $18,000 0.0% --
04/30/2023 04/30/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $18,000 -- --
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
2025 $230 $35,000 $35,000 $0
2023 $185 $22,400 $22,400 $0
2022 $181 $22,400 $22,400 $0
2021 $185 $22,400 $22,400 $0
2020 $185 $22,400 $22,400 $0
2019 $180 $22,400 $22,400 $0
2018 $174 $22,400 $22,400 $0
2016 $1,232 $160,000 $160,000 $0
2013 $1,192 $160,000 $160,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100366550

Hive MLS

APN: 09-1941