NOT LISTED FOR SALE

148 Falls Landing Way Wallace, NC 28466

Estimated Value: $666,000 - $854,530

4 Beds
2.5 Baths
3,000 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 30, 2023

Last sale price $800,000 $267 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,632/month

176 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Wood Flooring
  • Home fronts a pond
  • Golf Course View
  • Main Floor Primary Bedroom

About This Home

As of November 2023

Custom built, young home, sellers spared no expense, plus sellers are offering special pricing on the adjacent lot. Indulge in the exquisite charm of this luxurious French Country home located in River Landing Golf Community. 148 Falls Landing Way offers breathtaking water views backed by serene landscaping and the 15th Fairway. As you enter the grand two-story foyer, you'll be greeted by a magnificent great room that features floor-to-ceiling windows, custom-built bookshelves, and an elegant marble fireplace. The great room flows seamlessly into the kitchen, where you'll find a large center island, sleek stainless-steel appliances, and stylish light fixtures. The breakfast nook and the private first-floor primary suite offer stunning views of a tranquil pond and an award-winning golf course. The primary suite also boasts a lavish master bath with a beautiful tile shower, dual shower heads, a soaking tub, sizable walk-in closet, and conventient laundry area. Upstairs, you'll find three additional bedrooms, a bathroom, and a motorized ceiling-mounted TV that can be easily flipped down with a touch of a button. The backyard is just as captivating as the interior, with its perfectly manicured lawn, lush flowerbeds, and a relaxing natural gas-heated cocktail pool. It also offers unobstructed views of a picturesque pond and one of River Landing's award-winning golf courses. This energy-efficient home is equipped with a cost-saving Geothermal system. The garage is every car enthusiast's dream, with its epoxy-painted floors, ample storage space for tools, and plenty of room for all your extras. Being part of a 24-hour gated community, you can access various amenities, including walking and biking trails, kayaking, basketball, fishing in stocked ponds, and a playground. Optional memberships available adding access to the clubhouse, restaurants, discounted golf, fitness center, and resort-style swimming pool.

Last Agent to Sell the Property

Nancy Laslo

Keller Williams Innovate-Wilmington License #330944 Listed on: 05/09/2023

Keller Williams Innovate-Wilmington

Last Buyer's Agent

Scott Gregory

RE/MAX Executive License #190746

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,752

Year Built

  • Built in 2018

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 75 x 166 x 91 x 185
  • Home fronts a pond
  • Property fronts a private road
  • Cul-De-Sac
  • Irrigation

HOA Fees

  • $163 Monthly HOA Fees

Property Views

  • Pond
  • Golf Course

Home Design

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

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Bookcases
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Crawl Space
  • Attic Floors
  • Laundry closet

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Home Security

  • Intercom
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Programmable Thermostat
  • Natural Gas Connected
  • Electric Water Heater

Additional Features

  • ENERGY STAR/CFL/LED Lights
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 09-6827

Community Details

Overview

  • River Landing Poa, Phone Number (910) 285-1033
  • River Landing Subdivision
  • Maintained Community

Amenities

  • Community Garden

Recreation

  • Golf Course Membership Available
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Jogging Path
  • Trails

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,752

Year Built

Built in 2018

Lot Details

0

HOA Fees

$163 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2018
  • Trash Collection: Private Service
  • Road Frontage Type: Golf Front, Pond Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Walk-In
  • Basement: None
  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Flooring: Tile, Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Blinds/Shades, Bookcases, Ceiling - Trey, Ceiling Fan(s), Foyer, Gas Logs, Intercom/Music, Kitchen Island, Smoke Detectors, Walk-in Shower, Walk-In Closet
  • Laundry Location: Closet
  • List Price per Sq Ft: 239.97
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Sq Ft Heated: 3000.00
  • Total Heated Primary Separate Sq Ft: 3000.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Patio, See Remarks
  • Road Type Frontage: Maintained, Private
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Assigned, Attached, Concrete, Garage Door Opener

Utilities

  • Appliances Equipment: Central Vac, Cooktop - Electric, Dishwasher, Disposal, Refrigerator, See Remarks
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Fireplace(s), Other-See Remarks
  • Service Providers Electric Provider: Four County Electric
  • Utilities: Municipal Sewer, Municipal Water, Natural Gas Connected
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Geo Thermal

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Club Membership, Comm Garden, Gated, Jogging Path, Maint - Comm Areas, Maint - Grounds, Maint - Roads, Management, Pickleball, Playground, Sewer, Trail(s), Trash
  • HOAAssociationFee1Year: 1955.00
  • HOAAssociationName: River Landing POA
  • HOAAssociationPhone: 9102851033

Lot Info

  • Deed Page: 258.00
  • Lot Acres: 0.32
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 75 x 166 x 91 x 185
  • Lot Sq Ft: 13939.00
  • Lot Water Features: None
  • Plat Book: 20
  • Plat Page: 246
  • Zoning: Residential
  • Lot View Type: Golf Course View, Pond View, Water View

Green Features

  • Green Bldg Features: Geo Thermal Heat, LED Lighting, Prog Thermostats, Sealed Crawl Space

Tax Info

  • Tax Identifier: 09-6827
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Nov 6, 2023
Sold by
Hammerberg Living Trust
Bought by
Riede Drake
Seller's Agent
Nancy Laslo
Keller Williams Innovate-Wilmington
Buyer's Agent
Scott Gregory
RE/MAX Executive
List Price
$736,900
Sold Price
$800,000
Premium/Discount to List
$63,100
8.56%
Views
298
Current Estimated Value
$758,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,013
Avg. Annual Appreciation
-4.84%

Purchase Details

Closed on
Jul 8, 2020
Sold by
Hammerberg Edwin Lawrence and Hammerberg Gail Barbara
Bought by
Hammerberg Edwin Lawrence and Hammerberg Gail Barbara

Purchase Details

Closed on
Nov 9, 2015
Sold by
Walton Robert E and Lynda L Lynda L
Bought by
Hammerberg Edwin L and Hammerberg Gail B
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Riede Drake $800,000 None Listed On Document
Hammerberg Edwin Lawrence -- None Available
Hammerberg Edwin L -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hammerberg Edwin L $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $800,000 +11.1% $267 / Sq Ft
10/31/2023 10/31/23 Pending -- -- --
08/31/2023 08/31/23 Price Changed $719,900 -0.7% $240 / Sq Ft
07/20/2023 07/20/23 Price Changed $724,900 -0.7% $242 / Sq Ft
06/22/2023 06/22/23 Price Changed $729,900 -0.9% $243 / Sq Ft
05/08/2023 05/08/23 For Sale $736,900 -- $246 / 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
2024 $3,752 $447,900 $38,500 $409,400
2023 $3,748 $447,900 $38,500 $409,400
2022 $3,673 $444,700 $38,500 $406,200
2021 $3,735 $444,700 $38,500 $406,200
2020 $3,735 $444,700 $38,500 $406,200
2019 $1,670 $199,200 $38,500 $160,700
2018 $2,526 $325,900 $38,500 $287,400
2016 $2,118 $275,000 $275,000 $0
2013 $2,048 $275,000 $275,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100383409

Hive MLS

APN: 09-6827