NOT LISTED FOR SALE

1505 N Norwood St Wallace, NC 28466

Estimated Value: $94,000 - $167,000

-- Bed
-- Bath
792 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $55,000 $69 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $694/month

36 Days on Market

About This Home

As of February 2021

Commercial property located on Hwy 117 in Wallace has been used as hair salon over 10 years. Parking in front of building. Sold as is!

Last Agent to Sell the Property

Valerie Johnson

Johnson Realty License #241499 Listed on: 12/07/2020

Last Buyer's Agent

Valerie Johnson

Johnson Realty License #241499 Listed on: 12/07/2020

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $798

Year Built

  • Built in 1960

Lot Details

  • 0.31 Acre Lot
  • Property is zoned HB

Home Design

  • Vinyl Siding

Interior Spaces

  • 792 Sq Ft Home
  • Crawl Space

Parking

  • Dirt Driveway
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09-4776

Property Details

Property Type

Other

Est. Annual Taxes

$798

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: G
  • Sub Type: Improved
  • Sub Type2: Business Flex
  • Cobra Zone: No
  • New Construction: No
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • List Price per Sq Ft: 87.75
  • Sq Ft Heated: 792.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space
  • Road Type Frontage: 4+ Lanes, Interstate in 5 Miles, Public (City/Cty/St)

Garage/Parking

  • Parking Driveway: Dirt, Off Street
  • Number Of Parking Spaces: 4

Utilities

  • Cooling System: Central
  • Heating System: Forced Air
  • Service Providers Electric Provider: Progress Energy
  • Service Providers Sewer Provider: City/Town
  • Utilities: City Water

Association/Amenities

  • HOA: No

Lot Info

  • Deed Book: 1791
  • Deed Page: 542.00
  • Lot Acres: 0.31
  • Lot Dimensions: see deed
  • Lot Sq Ft: 13504.00
  • Plat Book: L-619
  • Zoning: HB

Tax Info

  • Tax Identifier: 09-4776
  • Tax Year: 2019

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 9, 2021
Sold by
Ssf Investors Llc
Bought by
Friend Norma Arcely
Seller's Agent
Valerie Johnson
Johnson Realty
Buyer's Agent
Valerie Johnson
Johnson Realty
List Price
$69,500
Sold Price
$55,000
Premium/Discount to List
-$14,500
-20.86%
Current Estimated Value
$117,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,796
Avg. Annual Appreciation
16.06%

Purchase Details

Closed on
Jan 23, 2015
Sold by
South Park Investors Llc
Bought by
Ssf Investors Llc
Source: Public Records

Range of Values:

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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
Friend Norma Arcely $55,000 None Available
Ssf Investors Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $55,000 -20.9% $69 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $69,500 -- $88 / 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 $798 $72,600 $45,000 $27,600
2023 $782 $72,600 $45,000 $27,600
2022 $782 $72,600 $45,000 $27,600
2021 $4,267 $72,600 $45,000 $27,600
2020 $534 $72,600 $45,000 $27,600
2019 $2,957 $72,600 $45,000 $27,600
2018 $0 $72,600 $45,000 $27,600
2016 $3,192 $74,300 $45,000 $29,300
2013 $612 $74,300 $45,000 $29,300
Source: Public Records

Agents Affiliated with this Home

  • Valerie Johnson

    Seller's Agent in 2021

    Valerie Johnson

    Johnson Realty

    (910) 285-9111

    65 in this area

    129 Total Sales

    Valerie Johnson
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Map

Source: Hive MLS

MLS Number: 100248148

Hive MLS

APN: 09-4776

North Carolina Duplin County Wallace 28466

1505 N Norwood St, Wallace, NC

This home is located at 1505 N Norwood St, Wallace, NC 28466 since 07 December 2020 and is currently estimated at $117,796, approximately $148 per square foot. This property was built in 1960. 1505 N Norwood St is a home located in Duplin County with nearby schools including Wallace Elementary School, Wallace-Rose Hill High School, and New Hope Christian Academy.

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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