$5,000
SOLD AUG 25, 2022

163 Cherry Laurel Dr Wallace, NC 28466

0.22 Acre
$22,727 Price per Acre
9,583 Sq Ft Lot

Recently Sold

62% Below List Price

219 Days on Market

Highlights

  • Fitness Center
  • Pond View
  • Trails
  • Home fronts a pond
  • Community Basketball Court
  • Maintained Community

About This Lot

As of May 2025

River Village parcel on tranquil sunset pond at beautiful River Landing. Proximity to main gate for ease of access to NC HWY 41/I-40/Wilmington and Raleigh. Build a dream custom home, live in one of the best kept environments of the Southeast, and enjoy the active lifestyle of a top 50 mater planned community. Optional and affordable memberships - River Landing community offers two NC Golf Panel designated ''Top 50'' championship golf courses and world-class club amenities while still maintaining the charm and ease of a small town. Outdoor pool, fitness club, tennis and pickleball courts. Grand Clubhouse offering fine dining or casual relaxing bar/grille. Many social clubs and classes. Walking/biking trails lead to the sandy beach and natural surroundings at the River Lodge with Kayak access to the beautiful Northeast Cape Fear River. A day at the beach is an easy 45 minute drive. A must see before deciding to where to live in the Southeast.

Last Agent to Sell the Property

Keith Beatty

Intracoastal Realty Corp License #130521 Listed on: 12/27/2021

Intracoastal Realty Corp

Last Buyer's Agent

Keith Beatty

Intracoastal Realty Corp License #130521 Listed on: 12/27/2021

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $126

Lot Details

  • 9,583 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

  • Assessor Parcel Number 096716

Community Details

Overview

  • Property has a Home Owners Association
  • River Landing Subdivision
  • Maintained Community

Recreation

  • Community Basketball Court
  • Fitness Center
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$126

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Pond Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 109

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Four County Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball, Fitness Center, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Tax Comm Areas, Trails

Lot Info

  • Deed Book: 1532
  • Deed Page: 247.00
  • Lot Description: Development, Subdivision
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 9583.00
  • Zoning: Res
  • Acres: 0.22
  • Current Use: Development, Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 40909.09
  • Soil Evaluation: Soil Evaluation - No
  • Topography: See Remarks
  • Lot View Type: Pond View

Tax Info

  • Tax Identifier: 096716
  • Tax Year: 2018

MLS Schools

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

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

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
353.78%

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:

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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 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 Change Sq Ft Price
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% --
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
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: 100305887

Hive MLS

APN: 09-6716