NOT LISTED FOR SALE

162 Cedar Point Dr Wallace, NC 28466

Estimated Value: $140,000

0.33 Acre
$424,242 Price per Acre
14,375 Sq Ft Lot

Last Sold July 28, 2022

Last sale price $7,500

Est. 1,767% increase in value since last sale

Current estimated payment $753/month

171 Days on Market

Highlights

  • On Golf Course
  • Lake View
  • Community Pool
  • Fitness Center
  • Clubhouse
  • Security Service

About This Lot

As of July 2022

Located in close proximity to one of the nations nicest clubhouses, this beautiful homesite resides on the practice green of the River Landing community. River Landing, Eastern Carolina's top rated residential, golf, and event community, provides an opportunity for everyone from starting families to retirees. The community offers an abundance of wonderful amenities including the clubhouse! Do not miss out on this lovely homesite!

Last Agent to Sell the Property

Nilesh Jethwa

Nest Realty License #253305 Listed on: 01/07/2022

Nest Realty

Last Buyer's Agent

Nilesh Jethwa

Nest Realty License #253305 Listed on: 01/07/2022

Nest Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 79 x 189
  • Property fronts a private road
  • On Golf Course
  • Cleared Lot
  • Property is zoned Vacant Lanc (NE

Property Views

  • Lake
  • Pond

Schools

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

Listing and Financial Details

  • Tax Lot 241
  • Assessor Parcel Number 092977

Community Details

Overview

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

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Security Service

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Private
  • Waterfront: No
  • Waterview: No

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Fitness Center, Golf Course, Maint - Comm Areas, Mgmt Fee, Pool, Security, Tax Comm Areas

Lot Info

  • Deed Book: 1486
  • Deed Page: 275.00
  • Lot Description: On Golf Course
  • Lot Dimensions: 79 X 189
  • Lot Number: 241
  • Lot Sq Ft: 14375.00
  • Zoning: Vacant Lanc (NE
  • Acres: 0.33
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 45454.55
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 241
  • Lot View Type: Lake View, Pond View

Tax Info

  • Tax Identifier: 092977
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 836.00
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Wallace
  • High School: Wallace-Rose Hill
  • Middle School: None
  • Middle School2: Charity

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2022
Closed on
Jul 21, 2022
Sold by
Bowen Ross Iii John and Bowen Laura S
Bought by
Crimson Mountain Llc
Seller's Agent
Nilesh Jethwa
Nest Realty
Buyer's Agent
Nilesh Jethwa
Nest Realty
List Price
$15,000
Sold Price
$7,500
Premium/Discount to List
-$7,500
-50%
Current Estimated Value
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,500
Avg. Annual Appreciation
135.91%

Purchase Details

Closed on
Jul 19, 2004
Bought by
Ross John Boweniii and Wife Laura S
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
Crimson Mountain Llc $7,500 Humphries Justin
Crimson Mountain Llc $7,500 Humphries Justin
Ross John Boweniii $79,700 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2022 07/28/22 Sold $7,500 -50.0% --
06/27/2022 06/27/22 Pending -- -- --
01/07/2022 01/07/22 For Sale $15,000 -- --
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 $230 $35,000 $35,000 $0
2024 $126 $15,400 $15,400 $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 $847 $110,000 $110,000 $0
2013 $819 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Nilesh Jethwa

    Seller's Agent in 2022

    Nilesh Jethwa

    Nest Realty

    (910) 622-0319

    1 in this area

    124 Total Sales

    Nilesh Jethwa
    Section Image
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Map

Source: Hive MLS

MLS Number: 100306940

Hive MLS

APN: 09-2977

North Carolina Duplin County Wallace 28466

162 Cedar Point Dr, Wallace, NC

Not Listed for Sale

Lots

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