NOT LISTED FOR SALE

148 Wallace St Franklinville, NC 27248

Estimated Value: $222,000 - $342,000

3 Beds
2 Baths
2,027 Sq Ft
$145/Sq Ft Est. Value

Last Sold March 20, 2014

Last sale price $155,000 $76 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,963/month

84 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Fenced
  • No HOA
  • Ceiling Fan

About This Home

As of March 2014

Charming older home with a bit of history! Arched doorways, spacious bedrooms, wood floors throughout, sunroom, partial basement, lots of storage space, large 4.49 acres lot!

Last Agent to Sell the Property

Kelly Cassell

Allen Tate-Asheboro License #190285 Listed on: 11/05/2013

Allen Tate-Asheboro

Last Buyer's Agent

Vickie Henry

Zenith Real Estate Connections, LLC License #189229

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,433

Year Built

  • Built in 1945

Lot Details

  • 4.49 Acre Lot
  • Fenced

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,027 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room with Fireplace
  • Dishwasher
  • Dryer Hookup
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • No Garage
  • Driveway

Schools

  • Southeastern Randolph Middle School
  • Eastern Randolph High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Edward Lee Wallace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7792759943

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,433

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.49
  • Subdivision Name: Edward Lee Wallace
  • Directions: Hwy 64 east, left on Andrew Hunter Rd, left on Wallace, home on right
  • Above Grade Finished Sq Ft: 2027
  • Unit Levels: One and One Half
  • Year Built: 1945
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 2027
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: Yes
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Microwave, Dishwasher, Electric Water Heater
  • Flooring: Vinyl, Wood
  • Interior Amenities: Built-in Features, Ceiling Fan(s)
  • Has Basement: Unfinished, Partial
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Living Area: 2027
  • Main Level Bathrooms: 1
  • Attic Description: Eave Storage
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: No
  • Basement YN: Yes
  • TRIADMLS_FullBathsUpper: 1

Exterior Features

  • Fencing: Fenced
  • Construction Type: Brick

Garage/Parking

  • Parking Features: Driveway, No Garage
  • Garage Description: None

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Central Air
  • Heating: Fireplace(s), Forced Air, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Franklinville
  • High School: Eastern Randolph
  • Middle Or Junior School: Southeastern Randolph

Lot Info

  • Parcel #: 7792759943
  • Zoning: R
  • TRIADMLS_DeedPage: 824
  • TRIADMLS_DeedBook: 2017

Tax Info

  • Tax Annual Amount: 1433.22
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2013
Closed on
Mar 4, 2014
Sold by
Johnson Eric W and Johnson Melody P
Bought by
Farias William and Farias Traci Ann
Seller's Agent
Kelly Cassell
Allen Tate-Asheboro
Buyer's Agent
Vickie Henry
Zenith Real Estate Connections, LLC
List Price
$164,900
Sold Price
$155,000
Premium/Discount to List
-$9,900
-6%
Current Estimated Value
$325,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,575
Avg. Annual Appreciation
6.77%
Original Mortgage
$160,115
Interest Rate
4.36%
Mortgage Type
VA

Purchase Details

Closed on
Mar 8, 2007
Sold by
The Bank Of New York
Bought by
Johnson Eric W and Johnson Melody P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2007
Sold by
Henry Karla A
Bought by
The Bank Of New York and Certificateholders Of Cwalt Inc Alternat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2004
Sold by
Campion Stephen N and Campion Katherine O
Bought by
Henry Karla A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,600
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
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
Farias William $155,000 None Available
Johnson Eric W $125,000 None Available
The Bank Of New York $118,068 None Available
Henry Karla A $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farias William $157,386
Closed Farias William $160,115
Previous Owner Johnson Eric Willard $125,000
Previous Owner Johnson Eric W $125,000
Previous Owner Henry Karla A $115,600
Closed Henry Karla A $28,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2014 03/20/14 Sold $155,000 -6.0% $76 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
11/05/2013 11/05/13 For Sale $164,900 -- $81 / Sq Ft
Source: Triad 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 $2,269 $232,240 $61,090 $171,150
2023 $2,269 $232,240 $61,090 $171,150
2022 $1,767 $159,030 $41,030 $118,000
2021 $1,735 $159,030 $41,030 $118,000
2020 $1,735 $159,030 $41,030 $118,000
2019 $1,738 $159,030 $41,030 $118,000
2018 $1,619 $145,560 $39,660 $105,900
2016 $1,616 $145,558 $39,660 $105,898
2015 $1,568 $145,558 $31,070 $114,488
2014 $1,568 $145,558 $31,070 $114,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 689486

Triad MLS

APN: 7792-75-9943