NOT LISTED FOR SALE

122 Franklin St Wallace, NC 28466

Estimated Value: $305,000 - $406,000

3 Beds
2 Baths
1,976 Sq Ft
$181/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $199,900 $101 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,179/month

13 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Workshop
  • Vaulted Ceiling
  • Breakfast Area or Nook
  • Formal Dining Room

About This Home

As of March 2020

Wonderful spacious brick ranch in one of the best neighborhoods in Wallace walking distance to WALE. This home offers nearly 2000 Square foot of living space. Large spacious great room boasting vaulted ceiling and gas logs with hardwood flooring. French doors open out to the screened in back porch Look out over your own private oasis with a beautiful in ground pool for those hot summer days. The master bedroom is huge and the master bathroom is well appointed with plenty of space, a garden tub, separate walk in shower, and a good sized walk in closet. All stainless appliances in the roomy kitchen with a nice sized breakfast nook for casual dining. A formal dining room is currently doubling as a nursery for the homeowners newest addition. 2 more good sized bedrooms round out this split floor plan home. What's not to love? Schedule a showing today and make this one your own. Priced to sell. Sellers are motivated and will consider offers.

Last Agent to Sell the Property

Jennifer Terflinger

Property Plus Carolina Listed on: 02/06/2020

Last Buyer's Agent

Jennifer Terflinger

Property Plus Carolina Listed on: 02/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,289

Year Built

  • Built in 1993

Lot Details

  • 0.51 Acre Lot
  • Fenced Yard
  • Wood Fence

Home Design

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

Interior Spaces

  • 1,976 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Workshop
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Range Hood
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Pull Down Stairs to Attic
  • Partially Finished Attic

Parking

  • 2 Attached Carport Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • In Ground Pool
  • Screened Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • HOA YN
  • Maintained Community

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 36
  • Assessor Parcel Number 09-5848

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,289

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Washer, Vent Hood, Stove/Oven - Electric, Refrigerator, Ice Maker, Dryer
  • Auction: No
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 658.00
  • Directions To Property: NC Highway 11 to Washington Circle right. Washington circle to Franklin Street left. House is 2nd from corner on the left.
  • Document Count: 4
  • Federal Flood Ins Avlbl: No
  • Fencing: Back Yard, Wood
  • Fireplace: 1
  • Foundation: Brick/Mortar, Crawl Space
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Maint - Comm Areas
  • Listing I D: 100203222
  • List Priceper Sq Ft: 106.22
  • Location Type: Mainland
  • Lot Acres: 0.51
  • Lot Dimensions: irregular
  • Lot Number: 36
  • Lot Sq Ft: 22216.00
  • Lot Water Features: None
  • Marketing City: Wallace
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Patio, Screened, Porch
  • Prospect Exempt: No
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Breakfast Nook Level: Main
  • Other Level: Main
  • School District: Duplin
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Wallace Water Company
  • Service Providers Water Provider: Wallace Water Company
  • Sign On Property: Yes
  • Special Assessments: None Known
  • Sq Ft Heated: 1976.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Other
  • Tax Identifier: 09-5848
  • Tax Year: 2019
  • Terms: Cash, USDA Loan, VA Loan, FHA, Conventional
  • Total City Real Estate Property Tax: 1047.10
  • Total Real Estate Property Taxes: 2288.52
  • Total Heated Primary Separate Sq Ft: 1976.00
  • Water Heater: Electric
  • Waterview: No
  • Year Built: 1993
  • Zoning: R
  • H O A Association Fee1 Year: 10.00
  • H O A H O A1 Mgmt Company: Plantation Acres POA
  • Home Warranty Company: 2-10
  • Home Warranty Amount: 500.00
  • Home Warranty Termite: Home Warranty/Seller
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only, Floored - Partial, Stairs - Pull Down
  • Dining Room Type: Formal, Kitchen
  • Flooring: Carpet, Tile, Wood, Vinyl
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Workshop, Walk-In Closet, Pantry, Gas Logs, Foyer, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom1 Level: Main
  • Bedroom2 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Exterior Structures: Storage, Workshop
  • On Site Pool Spa: In Ground
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: Carport, On Site, Paved

Utilities

  • Heated Sq Ft: 1800 - 1999
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Mar 25, 2020
Sold by
Carter Bradley and Carter Kayla
Bought by
Mccauley Norman Clay and Mccauley Teresa Wilkerson
Seller's Agent
Jennifer Terflinger
Property Plus Carolina
Buyer's Agent
Jennifer Terflinger
Property Plus Carolina
List Price
$209,900
Sold Price
$199,900
Premium/Discount to List
-$10,000
-4.76%
Current Estimated Value
$358,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,205
Avg. Annual Appreciation
10.59%
Original Mortgage
$196,278
Outstanding Balance
$172,555
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$185,550

Purchase Details

Closed on
Jul 25, 2013
Sold by
Robinson Stephen Earl and Robinson Mary Jo
Bought by
Carter Bradley and Carter Kayla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Mccauley Norman Clay $200,000 None Available
Carter Bradley $160,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccauley Norman Clay $196,278
Previous Owner Carter Bradley $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2020 03/25/20 Sold $199,900 -4.8% $101 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $209,900 -- $106 / 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
2025 $3,710 $334,200 $80,100 $254,100
2024 $2,289 $168,900 $50,000 $118,900
2023 $2,243 $168,900 $50,000 $118,900
2022 $2,243 $168,900 $50,000 $118,900
2021 $1,217 $168,900 $50,000 $118,900
2020 $1,241 $168,900 $50,000 $118,900
2019 $1,208 $168,900 $50,000 $118,900
2018 $1,208 $168,900 $50,000 $118,900
2016 $1,249 $171,100 $50,000 $121,100
2013 $1,207 $171,100 $50,000 $121,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100203222

Hive MLS

APN: 09-5848