NOT LISTED FOR SALE

189 Cedar Point Dr Wallace, NC 28466

Estimated Value: $429,000 - $613,290

3 Beds
3 Baths
2,726 Sq Ft
$199/Sq Ft Est. Value

Last Sold April 15, 2019

Last sale price $215,000 $79 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $3,923/month

2 Days on Market

Highlights

  • Home fronts a pond
  • Pond View
  • Wood Flooring
  • Gated Community
  • Vaulted Ceiling
  • Attic

About This Home

As of April 2019

Custom built brick home 4 bed, 3 bath with its mature landscape overlooking the lake. It boasts a large Master Bedroom with a walk in closet and an enclosed lake view all seasons room. This home is ready for a quick remodel, the second floor is unharmed and in like new condition. On the main floor it has all new insulation, sheet rock, paint, light fixtures, trim, window trim and sills are being installed now, Plantation shutters will be installed throughout, and a top of the line appliance package that will convey. The base boards, doors and door trim are already on the property. Buyer has a choice of purchasing with the hardwoods that are there or picking out their own. This Home offers an ARV of $320,000 + and has been priced accordingly to sell fast.

Last Agent to Sell the Property

Andrew Smith

Coastal Realty Associates LLC Listed on: 02/25/2019

Last Buyer's Agent

Andrew Smith

Coastal Realty Associates LLC Listed on: 02/25/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 82x195x76x175
  • Home fronts a pond
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $318 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,726 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Mud Room
  • Formal Dining Room
  • Wood Flooring
  • Pond Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Attic

  • Attic Floors
  • Attic Access Panel
  • Partially Finished Attic

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 09-2969

Community Details

Overview

  • River Landing Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Tennis Courts
  • Community Playground

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$318 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: Two
  • Year Built: 2002
  • Road Frontage Type: Pond Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only, Floored, Walk-In, Floored - Partial
  • Basement: None
  • Dining Room Type: Combination, Formal
  • Fireplace: 1
  • Flooring: See Remarks, Wood
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Sprinkler System, Mud Room, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades, 9Ft+ Ceilings
  • List Price per Sq Ft: 82.54
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Sq Ft Heated: 2726.00
  • Total Heated Primary Separate Sq Ft: 2726.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Brick, Wood Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Open, Porch, Patio, Enclosed
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Convection Oven, Dishwasher, Vent Hood, Stove/Oven - Gas, Refrigerator, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated, Tennis Court(s), Trash, Picnic Area, See Remarks, Security, Playground, Management, Maint - Roads, Maint - Grounds, Maint - Comm Areas
  • HOAAssociationFee1Year: 3811.00

Lot Info

  • Deed Page: 256.00
  • Lot Acres: 0.32
  • Lot Dimensions: 82x195x76x175
  • Lot Sq Ft: 13939.00
  • Zoning: R
  • Lot View Type: Pond View

Tax Info

  • Tax Identifier: 09-2969
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2019
Closed on
Apr 9, 2019
Sold by
Tavoc Onesimus
Bought by
Jackson Alice C and Jackson Robert
Seller's Agent
Andrew Smith
Coastal Realty Associates LLC
Buyer's Agent
Andrew Smith
Coastal Realty Associates LLC
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Current Estimated Value
$625,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,318
Avg. Annual Appreciation
14.79%
Original Mortgage
$234,229
Outstanding Balance
$205,929
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$335,894

Purchase Details

Listed on
Oct 31, 2018
Closed on
Nov 16, 2018
Sold by
Smith Jeffrey A and Smith Claudia C
Bought by
Tavoc Onesimys
Seller's Agent
Andrew Smith
Coastal Realty Associates LLC
Buyer's Agent
Andrew Smith
Coastal Realty Associates LLC
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
543.37%

Purchase Details

Closed on
Mar 27, 2002
Bought by
Smith Jeffrey A and Wife Smith Claudi
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 Buyer Sale Price Title Company
Jackson Alice C $215,000 --
Tavoc Onesimys $90,000 --
Smith Jeffrey A $82,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Alice C $234,229
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2019 04/15/19 Sold $215,000 -4.4% $79 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
02/25/2019 02/25/19 For Sale $225,000 +104.5% $83 / Sq Ft
12/03/2018 12/03/18 Sold $110,000 -8.3% $40 / Sq Ft View Prior Sale
11/01/2018 11/01/18 Pending -- -- --
10/31/2018 10/31/18 For Sale $120,000 -- $44 / Sq Ft
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 $3,947 $587,900 $35,000 $552,900
2024 $3,411 $406,300 $16,100 $390,200
2023 $3,362 $406,300 $16,100 $390,200
2022 $3,362 $406,300 $16,100 $390,200
2021 $0 $406,300 $16,100 $390,200
2020 $3,419 $406,300 $16,100 $390,200
2019 $1,432 $169,600 $16,100 $153,500
2018 $3,215 $406,300 $16,100 $390,200
2016 $3,810 $485,800 $115,000 $370,800
2013 $3,682 $485,800 $115,000 $370,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100151898

Hive MLS

APN: 09-2969