$408,400
SOLD MAY 6, 2025

163 Cherry Laurel Dr Wallace, NC 28466

4 Beds
3 Baths
2,140 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

408 Days on Market

Highlights

  • Water Views
  • Gated Community
  • Community Basketball Court
  • Home fronts a pond
  • 1 Fireplace
  • Covered Patio or Porch

About This Home

As of May 2025

Secure this home with just a $1,000 deposit and enjoy fully covered closing costs (excluding prepaid expenses like taxes and homeowner's insurance) when using our preferred lenders. This 2140 floor plan by Adams Homes combines style, functionality, and a stunning pond view. With four bedrooms and three bathrooms, this single-story home offers a spacious, comfortable layout for families of all sizes. Upon entry, you'll find tray ceilings, crown molding, and wainscoting trim, complemented by recessed lighting. The home features a 16' x 14' covered lanai, offering the perfect spot to relax and enjoy the serene pond view. The open-concept design seamlessly connects the kitchen, dining, and living areas, making it ideal for gatherings. The kitchen includes luxury stainless steel appliances, ample cabinetry, and a large center island for meal prep and casual dining. The master ensuite, located at the back for privacy, is a true retreat with a walk-in closet, double vanities, a tiled shower, a soaking tub, and a linen closet. Three additional bedrooms are thoughtfully placed on the opposite side of the home, perfect for guests, family, or a home office. The centrally located laundry room adds convenience, while the two-car garage provides ample parking and storage. Located within the private gates of River Landing! Don't miss out on this incredible home--contact us today to make it yours!

Last Agent to Sell the Property

Nickole Steffan

ADAMS HOMES REALTY NC INC License #337775 Listed on: 02/27/2024

ADAMS HOMES REALTY NC INC

Last Buyer's Agent

Teresa Dixon

Relentless Ventures Realty Group License #327400

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $127

Year Built

  • Built in 2024

Lot Details

  • 9,583 Sq Ft Lot
  • Home fronts a pond
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Shake Siding
  • Stone Siding
  • Stick Built Home

Interior Spaces

  • 2,140 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Water Views
  • Fire and Smoke Detector
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Schools

  • Wallace Elementary School
  • Rose Hill-Magnolia Middle School
  • Wallace-Rose Hill High School

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 096716

Community Details

Overview

  • River Landing Property Owners Association, Phone Number (910) 285-4171
  • River Landing Subdivision
  • Maintained Community

Recreation

  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$127

Year Built

Built in 2024

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2024
  • Road Frontage Type: Pond Front
  • Horses Y N: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Heated Sq Ft: 2000 - 2199
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Sprinkler System, Foyer, Pantry, Kitchen Island, Ceiling Fan(s), Ceiling - Trey, 9Ft+ Ceilings
  • List Price per Sq Ft: 190.84
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Sq Ft Heated: 2140.00
  • Total Heated Primary Separate Sq Ft: 2140.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Fiber Cement, Stone, Shake Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Patio, Porch
  • Road Type Frontage: Paved, Private
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Heating System: Forced Air
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Pickleball, Trash, Trail(s), Street Lights, Playground, Gated, Maint - Roads, Maint - Comm Areas
  • HOAAssociationFee1Year: 2006.00
  • HOAAssociationName: River Landing Property Owners Association
  • HOAAssociationPhone: 9102854171

Lot Info

  • Deed Page: 727.00
  • Lot Acres: 0.22
  • Lot Dimensions: Irregular
  • Lot Number: 11
  • Lot Sq Ft: 9583.00
  • Lot Water Features: None
  • Zoning: R
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: 096716
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 127.05

MLS Schools

  • Elementary School: Wallace
  • High School: Wallace-Rose Hill
  • Middle School: Rose Hill-Magnolia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2025
Sold by
Adams Homes Aec Llc
Bought by
Smith Kevin D and Smith Karen R
Current Estimated Value
$580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 27, 2021
Closed on
Aug 18, 2022
Sold by
Agon Kirk M and Agon Minh-Nga
Bought by
Turner Real Estate Group Llc
Seller's Agent
Keith Beatty
Intracoastal Realty Corp
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$13,000
Sold Price
$5,000
Premium/Discount to List
-$8,000
-61.54%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
322.27%

Purchase Details

Closed on
Nov 8, 2005
Sold by
Duplin Land Development Inc
Bought by
Agon Kirk M and Agon Minhnga
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

Date Type Sale Price Title Company
Warranty Deed $408,500 None Listed On Document
Warranty Deed $5,000 Hunter & Price Pa
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $238,400 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2025 05/06/25 Sold $408,400 0.0% $191 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
02/27/2024 02/27/24 For Sale $408,400 +8068.0% $191 / Sq Ft
08/25/2022 08/25/22 Sold $5,000 -44.4% -- View Prior Sale
08/03/2022 08/03/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $9,000 -30.8% --
03/31/2022 03/31/22 For Sale $13,000 +160.0% --
03/30/2022 03/30/22 Off Market $5,000 -- --
12/27/2021 12/27/21 For Sale $13,000 -- --
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 $2,749 $405,800 $35,000 $370,800
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

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Map

Source: Hive MLS

MLS Number: 100491709

Hive MLS

APN: 09-6716