NOT LISTED FOR SALE

136 Legacy Point Wallace, NC 28466

Estimated Value: $50,000

0.26 Acre
$192,308 Price per Acre
11,326 Sq Ft Lot

Last Sold November 08, 2023

Last sale price $8,377

Est. 497% increase in value since last sale

Current estimated payment $393/month

98 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Gated Community
  • Security Service
  • Home fronts a pond
  • Pond View
  • Level Lot

About This Lot

As of November 2023

Take a look at this 0.26 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: 06/30/2023

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Christina Asbury

Lewis Realty Associates

Property Details

Property Type

  • Land

Lot Details

  • 0.26 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Property is zoned PD

HOA Fees

  • $115 Monthly HOA Fees

Property Views

  • Pond Views

Schools

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

Listing and Financial Details

  • Tax Lot 805
  • Assessor Parcel Number 096645

Community Details

Overview

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

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Auction: No
  • Cobra Zone: No
  • Deed Page: 441.00
  • Directions To Property: I-40 to exit 385 then RIGHT on Hwy 41. Take the second gate, then take the first right on West Winding Way - 2nd RIGHT on Legacy Woods then RIGHT on Legacy Point - Lot on Right about half way down - Refer to aerial photos for exact location and approximate boundaries.
  • Document Count: 6
  • Elementary School: Wallace
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • High School: Wallace-Rose Hill
  • H O Aand Neighborhood Amenities: Gated, Maint - Comm Areas, Maint - Grounds, Maint - Roads, Management, Security, See Remarks, Sidewalk, Street Lights, Taxes, Trash
  • Listing I D: 100392393
  • Location Type: Mainland
  • Lot Description: Development, See Remarks, Subdivision
  • Lot Dimensions: irregular
  • Lot Number: 805
  • Lot Sq Ft: 11326.00
  • Lot Water Features: Deeded Water Access, Water Access Comm, Waterfront Comm
  • Marketing City: Wallace
  • Middle School: None
  • M L S Approved: Y
  • Road Type Frontage: Maintained, Paved, Private
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: Wallace Water Company
  • Sign On Property: No
  • Special Assessments: None Known
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: River Landing
  • Tax Identifier: 096645
  • Tax Year: 2018
  • Terms: 1031 Exchange, Cash, Conventional, Will Not Divide
  • Waterview: Yes
  • Zoning: PD
  • Acres: 0.26
  • Buildigson Property: None
  • Deed Restriction: Yes
  • Deferred Taxes: No
  • Environmental Hazard: No
  • List Priceper Acre: 57692.31
  • Soil Evaluation Other: SEWER
  • Topography: Cleared, Level
  • Lot Number2: 805
  • Road Frontage Type: Pond Front
  • Lot View Type: Pond View
  • H O A Association Fee1 Year: 1375.00
  • 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 Available, Municipal Water Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Nov 3, 2023
Sold by
Hoge Patrick and Hoge Patricia
Bought by
Be A Man Buy Land Trust and Gilmore
Seller's Agent
Christina Asbury
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Christina Asbury
Coldwell Banker Sea Coast - Sneads Ferry
List Price
$15,000
Sold Price
$8,377
Premium/Discount to List
-$6,623
-44.15%
Views
67
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
$41,623
Avg. Annual Appreciation
124.43%

Purchase Details

Closed on
May 23, 2005
Sold by
Duplin Land Development Inc
Bought by
Hoge Patrick and Hoge Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,310
Interest Rate
5.74%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Be A Man Buy Land Trust $8,500 None Listed On Document
Hoge Patrick $106,000 None Avelable
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hoge Patrick $113,310
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2023 11/08/23 Sold $8,377 -44.2% --
10/06/2023 10/06/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $15,000 -- --
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
2024 $126 $15,400 $15,400 $0
2023 $127 $15,400 $15,400 $0
2022 $0 $15,400 $15,400 $0
2021 $127 $15,400 $15,400 $0
2020 $127 $15,400 $15,400 $0
2019 $124 $15,400 $15,400 $0
2018 $119 $15,400 $15,400 $0
2016 $847 $110,000 $110,000 $0
2013 $819 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Christina Asbury

    Seller's Agent in 2023

    Christina Asbury

    Coldwell Banker Sea Coast Advantage

    (910) 262-3948

    35 in this area

    311 Total Sales

    Christina Asbury
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Map

Source: Hive MLS

MLS Number: 100392393

Hive MLS

APN: 09-6645

North Carolina Duplin County Wallace 28466

136 Legacy Point, Wallace, NC

Not Listed for Sale

Lots

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