NOT LISTED FOR SALE

154 Wallace Ln Jefferson, NC 28640

Estimated Value: $113,000 - $177,000

2 Beds
1 Bath
768 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $90,000 $117 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $839/month

Highlights

  • Pasture Views
  • No HOA
  • Open Patio
  • Farmhouse Style Home
  • Wood Frame Window
  • Heating System Uses Kerosene

About This Home

As of March 2022

Cute 2BR, 1BA cottage in Jefferson, one level living, Recently updated and freshly painted inside, Nice kitchen with eat in bar, smooth top electric range, and updated light fixtures, original hardwood flooring in living room and hallway, full bath that is shared with 2 bedrooms. Excellent starter home, prefect for the young family or retiree. All Appliances included including washer and dryer. Nice sized laundry room with additional space for a small office. Large Front deck to enjoy. Wallace lane is a privately maintained road, with no formal road maintenance agreement. Private well, Due to age of system, septic permit could not be located. Just minutes to downtown Jefferson and West Jefferson. See today.

Last Agent to Sell the Property

Chris Barr

Realty One Group Results Listed on: 12/18/2021

Realty One Group Results

Last Buyer's Agent

Starr Kiser

Realty One Group Results

Realty One Group Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $481

Year Built

  • Built in 1958

Lot Details

  • 0.4 Acre Lot
  • Property fronts a private road
  • Zoning described as None,Residential

Property Views

  • Pasture
  • Mountain

Home Design

  • Farmhouse Style Home
  • Cottage
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Crawl Space

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • No Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Open Patio

Schools

  • Mountain View Elementary School
  • Ashe County Middle School
  • Ashe County High School

Utilities

  • No Cooling
  • Heating System Uses Kerosene
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Short Term Rentals Allowed
  • Long Term Rental Allowed
  • Tax Lot 38-39
  • Assessor Parcel Number 09259120

Home Details

Home Type

Single Family

Est. Annual Taxes

$481

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.397
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Subdivision Name: None
  • Above Grade Finished Sq Ft: 768.0
  • Architectural Style: Cottage, Farmhouse
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1958
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 768.0
  • Stories: 1
  • Window Features: Wood Frames

Exterior Features

  • View: Mountain(s), Pasture, Residential
  • View: Yes
  • Home Warranty: No
  • Construction Type: Masonry, Vinyl Siding, Wood Frame
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Open
  • Roof: Asphalt, Shingle

Garage/Parking

  • Parking Features: Driveway, Gravel, No Garage, Private

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Main Level
  • Cooling: None
  • Cooling Y N: No
  • Heating: Kerosene, None
  • Heating Yn: No
  • Sewer: Private Sewer, Septic Permit Unavailable
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Long Term Rental Allowed, Short Term Rental Allowed
  • Association: No

Schools

  • Elementary School: Mountain View
  • High School: Ashe County
  • Middle Or Junior School: Ashe County

Lot Info

  • Parcel #: 09259120
  • Zoning Description: None,Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 480.95
  • Tax Book Number: 00477/1223
  • Tax Lot: 38-39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2021
Closed on
Mar 4, 2022
Sold by
Dominique Kettler Taylor
Bought by
Laws Rickey D
Seller's Agent
Chris Barr
Realty One Group Results
Buyer's Agent
Starr Kiser
Realty One Group Results
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$150,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,727
Avg. Annual Appreciation
11.63%

Purchase Details

Listed on
Sep 23, 2016
Closed on
Jan 4, 2017
Sold by
Reedy Earvin C
Bought by
Kettler Taylor D
Seller's Agent
Melinda Poe
Regency Properties
Buyer's Agent
NONMLS MEMBER
NONMLS
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%
Original Mortgage
$40,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2012
Sold by
Reedy Earvin C and Reedy Betty W
Bought by
Miller Staley William Chad and Miller Staley Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2005
Sold by
Richardson Debora L
Bought by
Reedy Earvin C and Reedy Betty W
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
Laws Rickey D $90,000 Johnston And Johnston Pllc
Kettler Taylor D -- None Available
Miller Staley William Chad $61,000 None Available
Reedy Earvin C $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kettler Taylor D $40,500
Previous Owner Miller Staley William Chad $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2022 03/08/22 Sold $90,000 0.0% $117 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
12/18/2021 12/18/21 For Sale $90,000 +100.0% $117 / Sq Ft
01/17/2017 01/17/17 Sold $45,000 0.0% $51 / Sq Ft
12/18/2016 12/18/16 Pending -- -- --
09/23/2016 09/23/16 For Sale $45,000 -- $51 / Sq Ft
Source: High Country Association of REALTORS®

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 $478 $95,000 $7,900 $87,100
2024 $449 $95,000 $7,900 $87,100
2023 $449 $95,000 $7,900 $87,100
2022 $481 $61,400 $10,000 $51,400
2021 $481 $61,400 $10,000 $51,400
2020 $440 $61,400 $10,000 $51,400
2019 $431 $61,400 $10,000 $51,400
2018 $418 $62,900 $10,000 $52,900
2016 $421 $62,900 $10,000 $52,900
2015 $406 $62,900 $10,000 $52,900
2014 $406 $64,400 $10,000 $54,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: High Country Association of REALTORS®

MLS Number: 234917

High Country Association of REALTORS®

APN: 09259-120