NOT LISTED FOR SALE

161 Cedar Point Dr Wallace, NC 28466

Wallace Area

Estimated Value: $49,000

0.29 Acre
$168,966 Price per Acre
12,632 Sq Ft Lot

Sale Details

Date Sold: November 13, 2023

Last sale price $7,718

Est. 535% increase in value since last sale

Current estimated payment $285 / mo

571 Days on Market

Highlights

  • Water Access
  • Gated Community
  • Resident Manager or Management On Site
  • Home fronts a pond
  • Pond View
  • Maintained Community

About This Lot

As of November 2023

Take a look at this 0.29ac lot nestled in the exclusive, sought after, waterfront community of River Landing in Wallace! Situated in Cedar Point, this property is in a special flood hazard area and is pond front, but you'd elevate a new home here anyway! There are 5 floorplans available to choose from on this lot, per the HOA guidelines: The Albemarle, Beaufort, Chatham, Durham, and Etowah plans all have something special that might work for you! Pick your plan and your builder and you could be living the coastal NC area lifestyle in River Landing next year. HOA dues on this lot are $1375/year, and include taxes/insurance/maintenance on common areas, trash removal, street lights, road/parking maintenance, and the gatehouse security. Just a short drive up I-40 from Wilmington NC, River Landing is a true coastal lifestyle community offering not one, but two 18-hole golf courses. Mature trees, sidewalk lined streets & nature trails enable you to enjoy the outdoors as much as possible. River Landing offers several different levels of membership to meet your needs, providing access to as little or as much as you would use and enjoy. Neighborhood amenities include both an indoor & outdoor pool, club house with both casual & formal dining options, golf membership, driving range, tennis/pickleball courts, fitness facility, playground, basketball courts, & more. Ask for details when you call today!

Last Agent to Sell the Property

Christina Asbury

Coldwell Banker Sea Coast Advantage License #211160 Listed on: 10/02/2023

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Christina Asbury

Lewis Realty Associates

Property Details

Property Type

  • Land

Lot Details

  • 12,632 Sq Ft Lot
  • Home fronts a pond
  • Property fronts a private road

Property Views

  • Pond Views

Schools

  • Wallace Elementary School
  • None Middle School
  • Wallace-Rose Hill High School

Listing and Financial Details

  • Tax Lot 282
  • Assessor Parcel Number 092929

Community Details

Overview

  • Property has a Home Owners Association
  • River Landing Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Building Details

  • Security

Security

  • Resident Manager or Management On Site
  • Gated Community

Recreation

  • Water Access

Property Details

Property Type

Land

Lot Details

0.29 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • View: Pond
  • Original List Price: 12500.00
  • Other Structures: None
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Acre: 43103.45
  • Special Features: None

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Road Frontage Type: Pond Front
  • Road Frontage Type: Private Road, Maintained, Paved
  • Road Surface Type: Paved
  • Waterfront Features: Water Access Comm
  • Waterfront?: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Source: Public
  • Sewer Provider: Municipal Sewer, City/Town
  • Water Provider: Wallace Water Company

Condo/Co-op/Association

  • Association Amenities: Waterfront Community, Gated, Maintenance Common Areas, Maintenance Grounds, Maintenance Roads, Management, Security, Sidewalks, Street Lights, Taxes, Trash, See Remarks
  • Association Fees: 1375.00
  • Has H O A?: Yes
  • Association Management Company Phone: 9102851038
  • Association Management Company: River Landing POA

Schools

  • Elementary School: Wallace
  • High School: Wallace-Rose Hill
  • Middle Or Junior School: None

Lot Info

  • Deed Book: 1248
  • Deed Page: 301.00
  • Lot Number: 282
  • Zoning: R
  • Environmental Hazard: No
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial,Flood Plain,Level,See Remarks
  • Lot Features: See Remarks, Development, Subdivided, Water Access Comm
  • Lot Size Acres: 0.29
  • Lot Size: 77*170*76*165
  • Lot Size Sq Ft: 12632.00
  • Purchase Contract Date: 2023-10-08
  • Parcel#: 092929
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: Yes
  • Deed Restriction Y N: Yes
  • Permitted Use: Public

Tax Info

  • Tax Year: 2018
  • Tax Block: 185
  • Tax Book Number: 15
  • Tax Map Number: 092929
  • Tax Other Assessment Amount Frequency: none known

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2023
Closed on
Nov 8, 2023
Sold by
Bought by
Seller's Agent
Christina Asbury
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Christina Asbury
Coldwell Banker Sea Coast - Sneads Ferry
List Price
$12,500
Sold Price
$7,719
Premium/Discount to List
-$4,781
-38.25%
Views
66
Current Estimated Value
$49,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,281
Avg. Annual Appreciation
100.33%

Purchase Details

Closed on
Jun 23, 1998
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$8,000 None Listed On Document
$44,600 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/13/2023 11/13/23 Sold $7,719 -38.2% --
10/09/2023 10/09/23 Pending -- -- --
10/02/2023 10/02/23 For Sale $12,500 +61.9% --
06/07/2023 06/07/23 Off Market $7,719 -- --
02/04/2023 02/04/23 Price Changed $12,500 -37.5% --
03/17/2022 03/17/22 For Sale $20,000 -- --
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $230 $35,000 $35,000 $0
2023 $127 $15,400 $15,400 $0
2022 $125 $15,400 $15,400 $0
2021 $127 $15,400 $15,400 $0
2020 $127 $15,400 $15,400 $0
2019 $124 $15,400 $15,400 $0
2018 $119 $15,400 $15,400 $0
2016 $846 $110,000 $110,000 $0
2013 $819 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100317521

Hive MLS

APN: 09-2929

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