NOT LISTED FOR SALE

140 Falls Landing Way Wallace, NC 28466

Estimated Value: $341,000

0.39 Acre
$874,359 Price per Acre
16,988 Sq Ft Lot

Last Sold February 24, 2023

Last sale price $30,000

Est. 1,037% increase in value since last sale

Current estimated payment $2,087/month

21 Days on Market

Highlights

  • 107 Feet of Waterfront
  • Home fronts a pond
  • Pond View
  • On Golf Course
  • Gated Community
  • Clubhouse

About This Lot

As of February 2023

Here is your opportunity to build your dream home on this pond/golf course front .39 acre parcel located in the highly desirable River Landing subdivision. This gated community offers a long list of amenities including two 18-hole golf courses, indoor/outdoor pools, and walking and biking trails. The homesite is cleared and ready for you to design and craft your new home. Less than 40 minutes to Wilmington and only about an hour from the Raleigh area, this homesite is centrally located and ready to go!

Last Agent to Sell the Property

John Newton

CENTURY 21 Champion Real Estate License #294169 Listed on: 01/16/2023

CENTURY 21 Champion Real Estate

Last Buyer's Agent

Nancy Boston

Carolina Plantations RE-Leland License #243453

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $300

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 70x195x107x199
  • Home fronts a pond
  • 107 Feet of Waterfront
  • Property fronts a private road
  • On Golf Course
  • Cleared Lot

Property Views

  • Pond
  • Golf Course

Location

  • Property is near a golf course

Schools

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

Listing and Financial Details

  • Tax Lot F-9
  • Assessor Parcel Number 09-3326-00-12-1848-0000

Community Details

Overview

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

Amenities

  • Picnic Area
  • Restaurant
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Park

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$300

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Golf Front, Pond Front
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 70
  • Water Frontage: 107.00

Utilities

  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Service Providers Electric Provider: Four County Electric
  • Utilities: Electricity Available, Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Gated Community, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Park, Picnic Grounds, Playground, Pool, Restaurant, Sidewalk, Street Lights, Tax Comm Areas

Lot Info

  • Deed Book: 1690
  • Deed Page: 295.00
  • Lot Description: On Golf Course
  • Lot Dimensions: 70x195x107x199
  • Lot Number: F-9
  • Lot Sq Ft: 16988.00
  • Lot Water Features: None
  • Plat Book: 20
  • Plat Page: 246
  • Special Assessments: None Known
  • Zoning: Residential
  • Cleared Acres: 0.39
  • Acres: 0.39
  • Current Use: Residential, Vacant
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 89743.59
  • Topography: Cleared
  • Lot Number2: F-9
  • Lot View Type: Golf Course View, Pond View

Tax Info

  • Tax Identifier: 09-3326-00-12-1848-0000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 299.96
  • 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
Jan 16, 2023
Closed on
Feb 10, 2023
Sold by
Cavanaugh Jody D and Cavanaugh Cheryl T
Bought by
Haas William Blain and Haas Victoria R
Seller's Agent
John Newton
CENTURY 21 Champion Real Estate
Buyer's Agent
Nancy Boston
Carolina Plantations RE-Leland
List Price
$35,000
Sold Price
$30,000
Premium/Discount to List
-$5,000
-14.29%
Views
2
Current Estimated Value
$341,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,000
Avg. Annual Appreciation
161.36%

Purchase Details

Closed on
Dec 2, 2010
Sold by
Bank Of America Na
Bought by
Cavanaugh Cheryl D and Cavanaugh Jody D

Purchase Details

Closed on
Nov 2, 2009
Sold by
White Robert A and White Suzanne
Bought by
Bank Of America Na
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
Haas William Blain $30,000 --
Cavanaugh Cheryl D $61,000 --
Bank Of America Na $224,924 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2023 02/24/23 Sold $30,000 -14.3% --
02/06/2023 02/06/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $35,000 -- --
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 $2,932 $344,200 $37,100 $307,100
2023 $306 $37,100 $37,100 $0
2022 $300 $37,100 $37,100 $0
2021 $306 $37,100 $37,100 $0
2020 $306 $37,100 $37,100 $0
2019 $299 $37,100 $37,100 $0
2018 $288 $37,100 $37,100 $0
2016 $2,041 $265,000 $265,000 $0
2013 $1,920 $265,000 $265,000 $0
Source: Public Records

Agents Affiliated with this Home

  • John Newton

    Seller's Agent in 2023

    John Newton

    CENTURY 21 Champion Real Estate

    (910) 545-7657

    9 in this area

    563 Total Sales

    John Newton
    Section Image
  • Nancy Boston

    Buyer's Agent in 2023

    Nancy Boston

    Carolina Plantations RE-Leland

    (910) 880-9012

    1 in this area

    69 Total Sales

    Nancy Boston
    Section Image
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Map

Source: Hive MLS

MLS Number: 100365011

Hive MLS

APN: 09-6836

North Carolina Duplin County Wallace 28466

140 Falls Landing Way, Wallace, NC

This home is located at 140 Falls Landing Way, Wallace, NC 28466 since 16 January 2023 and is currently estimated at $341,000. 140 Falls Landing Way 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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