NOT LISTED FOR SALE

129 Legacy Point Wallace, NC 28466

Estimated Value: $12,021 - $320,000

0.3 Acre
$553,370 Price per Acre
13,068 Sq Ft Lot

Last Sold October 11, 2022

Last sale price $10,000

Est. 1,555% increase in value since last sale

Current estimated payment $916/month

160 Days on Market

Highlights

  • Water Access
  • Gated Community
  • Security Service
  • Home fronts a pond
  • Pond View
  • Level Lot

About This Lot

As of October 2022

Take a look at this 0.31ac lot nestled in the exclusive, sought after, waterfront community of River Landing in Wallace! Situated in Legacy Woods, this property is a nice high, cleared lot that's NOT in a special flood hazard area and it backs up to a beautiful pond for a water view. 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. 1400 Heated Square Foot Minimum with a 1200 minimum ground floor heated area required by ARC Guidelines. 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

Keith Beatty

Intracoastal Realty Corp License #130521

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $115

Lot Details

  • 0.3 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Level Lot
  • Cleared Lot

Property Views

  • Pond Views

Schools

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

Listing and Financial Details

  • Tax Lot 790
  • Assessor Parcel Number 8209430

Community Details

Overview

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

Security

  • Security Service
  • Gated Community

Recreation

  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$115

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Pond Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 90

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: 1514
  • Deed Page: 133.00
  • Lot Description: Development, See Remarks, Subdivision
  • Lot Number: 790
  • Lot Sq Ft: 13068.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Plat Book: 20
  • Plat Page: 90
  • Special Assessments: none known
  • Zoning: R
  • Acres: 0.30
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 40000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: 790
  • Lot View Type: Pond View

Tax Info

  • Tax Identifier: 8209430
  • Tax Year: 2018
  • 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
Sep 24, 2022
Sold by
Stark Timothy E and Stark Jessica
Bought by
Hilliard Sharon Kay
Seller's Agent
Christina Asbury
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$16,000
Sold Price
$10,000
Premium/Discount to List
-$6,000
-37.5%
Current Estimated Value
$165,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,454
Avg. Annual Appreciation
176.36%
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
Hilliard Sharon Kay $10,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $10,000 -16.7% --
08/24/2022 08/24/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $12,000 -25.0% --
03/17/2022 03/17/22 For Sale $16,000 -- --
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 $115 $14,000 $14,000 $0
2023 $116 $14,000 $14,000 $0
2022 $113 $14,000 $14,000 $0
2021 $116 $14,000 $14,000 $0
2020 $116 $14,000 $14,000 $0
2019 $113 $14,000 $14,000 $0
2018 $109 $14,000 $14,000 $0
2016 $754 $100,000 $100,000 $0
2013 $745 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100317512

Hive MLS

APN: 09-6639