NOT LISTED FOR SALE

150 Herring Loop Rd Wallace, NC 28466

Estimated Value: $56,509 - $128,000

3 Beds
1 Bath
928 Sq Ft
$101/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $16,700 $18 Per Sq Ft

Est. 464% increase in value since last sale

Current estimated payment $516/month

70 Days on Market

Highlights

  • 1.36 Acre Lot
  • Formal Dining Room
  • 1-Story Property
  • No HOA
  • Porch

About This Home

As of May 2019

Great investment opportunity in this 3 bedroom 1 bath home with over an acre of land. Home is in need of repairs and updating and is priced accordingly and sold as is. All offers must be submitted through PropOffers.com by the buyer's agent.

Last Agent to Sell the Property

David Cummings

RE/MAX Essential Listed on: 02/13/2019

Last Buyer's Agent

Sue Mills

Associated Realty of Wallace, Inc License #174266

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 1.36 Acre Lot
  • Lot Dimensions are 198x298x195x297

Parking

  • On-Site Parking

Home Design

  • Wood Frame Construction
  • Stick Built Home

Interior Spaces

  • 928 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

  • Well
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10-976

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: None
  • Deed Page: 125.00
  • Directions To Property: Take Highway 421 to Right on Wallace Highway, Right on Herring Road, then Right on Herring Loop.
  • Fencing: None
  • Fireplace: None
  • Foundation: See Remarks
  • Fuel Tank: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100150299
  • List Priceper Sq Ft: 21.44
  • Location Type: Mainland
  • Lot Acres: 1.36
  • Lot Dimensions: 198x298x195x297
  • Lot Sq Ft: 59242.00
  • Marketing City: Wallace
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Porch
  • Prospect Exempt: No
  • Road Type Frontage: Unpaved
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Sq Ft Heated: 928.00
  • State Province: NC
  • Stipulation Of Sale: REO
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Not In Subdivision
  • Tax Identifier: 10-976
  • Tax Year: 2018
  • Terms: Cash
  • Total Heated Primary Separate Sq Ft: 928.00
  • Year Built: 1974
  • Zoning: Residential
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Interior Amenities: None
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Exterior Finish: See Remarks
  • Roof: See Remarks
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Heated Sq Ft: 800 - 999
  • Heating System: None
  • Utilities: Septic On Site, Well Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2019
Closed on
Apr 29, 2019
Sold by
Us Bank Na Tr
Bought by
Palma Cutberto M
Seller's Agent
David Cummings
RE/MAX Essential
Buyer's Agent
Sue Mills
Associated Realty of Wallace, Inc
List Price
$24,900
Sold Price
$16,700
Premium/Discount to List
-$8,200
-32.93%
Current Estimated Value
$94,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,427
Avg. Annual Appreciation
29.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Palma Cutberto M $16,700 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $16,700 -32.9% $18 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $24,900 -- $27 / 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
2025 $283 $25,600 $16,700 $8,900
2023 $267 $19,400 $11,100 $8,300
2022 $267 $19,400 $11,100 $8,300
2021 $0 $19,400 $11,100 $8,300
2020 $248 $19,400 $11,100 $8,300
2019 $244 $19,400 $11,100 $8,300
2018 $244 $19,400 $11,100 $8,300
2016 $216 $15,500 $9,700 $5,800
2013 $209 $15,500 $9,700 $5,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100150299

Hive MLS

APN: 10-976