NOT LISTED FOR SALE

165 Southern Magnolia Ln Wallace, NC 28466

Estimated Value: $15,508 - $232,000

0.28 Acre
$441,979 Price per Acre
12,197 Sq Ft Lot

Last Sold December 14, 2017

Last sale price $7,500

Est. 1,550% increase in value since last sale

Current estimated payment $782/month

332 Days on Market

Highlights

  • Golf Course Community
  • Gated Community
  • Community Pool
  • Fitness Center
  • Clubhouse
  • Tennis Courts

About This Lot

As of December 2017

Build a custom dream home in one of the best kept environments in the Southeast on this cul-de-sac lot in Magnolia Bay. Close to the front gate and clubhouse!Enjoy the lifestyle of a top 50 master planned community offering 2 top 50 championship golf courses in NC and world class amenities, direct access to the Northeast Cape Fear River, fitness classes, social clubs, spa services, and much more. A must see before deciding where to live in the Southeast.

Last Agent to Sell the Property

Keith Beatty

Intracoastal Realty Corp License #130521 Listed on: 01/07/2017

Intracoastal Realty Corp

Last Buyer's Agent

Keith Beatty

Intracoastal Realty Corp License #130521 Listed on: 01/07/2017

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 79x155x80x153
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot

HOA Fees

  • $115 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number 09-2306

Community Details

Overview

  • River Landing HOA, Phone Number (910) 285-1033
  • River Landing Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 79

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball, Clubhouse, Fitness Center, Gated Community, Golf Course, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Picnic Grounds, Pool, Restaurant, Sidewalk, Street Lights, Tax Comm Areas, Tennis, Trails
  • Annual HOA: 1375.00
  • HOA Company: River Landing HOA
  • HOA Phone: 910-285-1033

Schools

  • School District: Duplin

Lot Info

  • Deed Book: 1532
  • Deed Page: 311.00
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 79x155x80x153
  • Lot Number: 142
  • Lot Sq Ft: 12197.00
  • Lot Water Features: None
  • Zoning: residential
  • Acres: 0.28
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Flood Zone: No
  • List Price per Acre: 42857.14
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Level
  • Lot Number2: 142

Tax Info

  • Tax Identifier: 09-2306
  • Tax Year: 2016
  • Total Real Estate Property Taxes: 616.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2017
Closed on
Dec 12, 2017
Sold by
Hart Thomas E and Hart Lynn M
Bought by
Crimson Mountain Llc
Seller's Agent
Keith Beatty
Intracoastal Realty Corp
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$12,000
Sold Price
$7,500
Premium/Discount to List
-$4,500
-37.5%
Current Estimated Value
$123,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,254
Avg. Annual Appreciation
50.34%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Crimson Mountain Llc $8,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2017 12/14/17 Sold $7,500 -37.5% --
12/05/2017 12/05/17 Pending -- -- --
01/07/2017 01/07/17 For Sale $12,000 -- --
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 $92 $11,200 $11,200 $0
2023 $92 $11,200 $11,200 $0
2022 $91 $11,200 $11,200 $0
2021 $92 $11,200 $11,200 $0
2020 $92 $11,200 $11,200 $0
2019 $90 $11,200 $11,200 $0
2018 $0 $11,200 $11,200 $0
2016 $616 $80,000 $80,000 $0
2013 $596 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Keith Beatty

    Seller's Agent in 2017

    Keith Beatty

    Intracoastal Realty Corp

    (910) 509-1924

    112 in this area

    1,309 Total Sales

    Keith Beatty
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Map

Source: Hive MLS

MLS Number: 100042465

Hive MLS

APN: 09-2306

North Carolina Duplin County Wallace 28466

165 Southern Magnolia Ln, Wallace, NC

This home is located at 165 Southern Magnolia Ln, Wallace, NC 28466 since 07 January 2017 and is currently estimated at $123,754. 165 Southern Magnolia Ln is a home located in Duplin County with nearby schools including Wallace Elementary School, Wallace-Rose Hill High School, and New Hope Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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