NOT LISTED FOR SALE

182 Cypress Point Wallace, NC 28466

Estimated Value: $171,000

0.59 Acre
$289,831 Price per Acre
25,700 Sq Ft Lot

Last Sold December 12, 2023

Last sale price $11,000

Est. 1,455% increase in value since last sale

Current estimated payment $1,024/month

210 Days on Market

Highlights

  • Home fronts a pond
  • Clubhouse
  • Community Playground
  • Pond View
  • Cul-De-Sac
  • Security Service

About This Lot

As of December 2023

Beautiful 0.59 acre lot privately tucked away in a back corner of the community, nestled in a traffic circle in the exclusive, sought after, waterfront community of River Landing in Wallace! Situated in the Bluffs at River Ridge, this property has a high elevation at 34 feet, character and shade trees, and its NOT in a special flood hazard area. The Estates sections of River Landing require a 2500sq ft minimum on one story homes. HOA dues on this lot are $1375/year, and include trash removal, street lights, road/parking maintenance, maintenance of the common areas, 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: 03/16/2023

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Christina Asbury

Coldwell Banker Sea Coast Advantage License #211160 Listed on: 03/16/2023

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $174

Lot Details

  • 0.59 Acre Lot
  • Home fronts a pond
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Property is zoned R-15

HOA Fees

  • $115 Monthly HOA Fees

Property Views

  • Pond Views

Schools

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

Listing and Financial Details

  • Tax Lot B24
  • Assessor Parcel Number 096842

Community Details

Overview

  • River Landing Poa, Phone Number (910) 285-1038
  • River Landing Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions
  • Planned Unit Development

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Community Playground

Security

  • Security Service
  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$174

Lot Details

0

HOA Fees

$115 per month

Listing Details

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

Exterior Features

  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: No
  • Waterview: No

Utilities

  • 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 Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Maint - Comm Areas, Maint - Roads, Management, Picnic Area, Playground, Security, See Remarks, Street Lights, Taxes, Trash
  • Annual HOA: 1375.00
  • HOA Company: River Landing POA
  • HOA Phone: (910) 285-1038
  • HOAAssociationFee1Year: 1375.00
  • HOAAssociationName: River Landing POA
  • HOAAssociationPhone: 9102851038

Lot Info

  • Deed Page: 318.00
  • Lot Description: Cul-de-Sac Lot, Development, Level, PUD, Subdivision
  • Lot Dimensions: irregular
  • Lot Number: B24
  • Lot Sq Ft: 25700.00
  • Lot Water Features: None
  • Special Assessments: none known
  • Zoning: R-15
  • Acres: 0.59
  • Current Use: Vacant
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 33898.31
  • Soil Evaluation Other: Sewer Available
  • Topography: Cleared/Partial, See Remarks
  • Lot Number2: B24
  • Lot View Type: Pond View

Tax Info

  • Tax Identifier: 096842
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 174.41
  • Deferred Taxes: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Nov 29, 2023
Sold by
Goll Jeffrey W and Goll Elizabeth Powers
Bought by
Be A Man Buy Land Trust and Gilmore
Seller's Agent
Christina Asbury
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Christina Asbury
Coldwell Banker Sea Coast Advantage
List Price
$23,500
Sold Price
$11,000
Premium/Discount to List
-$12,500
-53.19%
Views
37
Current Estimated Value
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,000
Avg. Annual Appreciation
257.84%

Purchase Details

Closed on
Sep 30, 2009
Sold by
Maready Timothy and Maready Felita J
Bought by
Hunter Bryan D and Hunter Kimberly B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.11%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Be A Man Buy Land Trust $11,000 None Listed On Document
Hunter Bryan D $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hunter Bryan D $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2023 12/12/23 Sold $11,000 -45.0% --
10/12/2023 10/12/23 Pending -- -- --
09/01/2023 09/01/23 Price Changed $20,000 -14.9% --
03/16/2023 03/16/23 For Sale $23,500 -- --
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 $197 $30,000 $30,000 $0
2024 $189 $23,100 $23,100 $0
2023 $191 $23,100 $23,100 $0
2022 $187 $23,100 $23,100 $0
2021 $191 $23,100 $23,100 $0
2020 $191 $23,100 $23,100 $0
2019 $186 $23,100 $23,100 $0
2018 $179 $23,100 $23,100 $0
2016 $1,271 $165,000 $165,000 $0
2013 $1,229 $165,000 $165,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100374235

Hive MLS

APN: 09-6842