$550,000
SOLD FEB 10, 2025

194 Cellars Way Wallace, NC 28466

4 Beds
3.5 Baths
2,836 Sq Ft
0.58 Acres

Recently Sold

$194 Per Sq Ft

12% Below List Price

223 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Vaulted Ceiling
  • Community Basketball Court
  • Tray Ceiling

About This Home

As of February 2025

Exquisite custom built by Barker and Canady. Set amidst the tranquil vineyards at beautiful River Landing. Spacious design offering effortless entertainment and relaxation. Heart of the home large island kitchen flows into living, dining, and sunlit Carolina Room. The kitchen brings seating aplenty, beautiful granite counter tops, tiled backsplash, coffee bar, wine bar and a sizeable walk-in pantry. First level shows main bedroom, plus additional bedrooms joined by Jack and Jill bath. The spacious main bedroom opens to the Carolina Room and has a large walk-in closet convenient with custom shelving, drawers, and laundry. Main bath has a beautiful open entry walk-in tiled shower and a spread of vanities. Second level provides bonus space over the garage with full bath and walk-in access to over 300 square feet of attic storage. Live in one of the best kept environments of the Southeast, and enjoy the active lifestyle of a top 50 master 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 #C37146 Listed on: 05/30/2024

Intracoastal Realty Corp

Last Buyer's Agent

Keith Beatty

Intracoastal Realty Corp License #C37146 Listed on: 05/30/2024

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,571

Year Built

  • Built in 2017

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 95 x 175 x 125 x 205
  • Property fronts a private road

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 2,836 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 096881 5

Community Details

Overview

  • Rlpoa Association, Phone Number (910) 285-7471
  • River Landing Subdivision
  • Maintained Community

Recreation

  • Community Basketball Court
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,571

Year Built

Built in 2017

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Walk-In Closet, Pantry, Kitchen Island, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey, Blinds/Shades, 9Ft+ Ceilings
  • List Price per Sq Ft: 198.87
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Sq Ft Heated: 2836.00
  • Total Heated Primary Separate Sq Ft: 2836.00

Exterior Features

  • Exterior Finish: Brick, Composition
  • Fencing: None
  • Foundation: Block
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Private
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Attached, Concrete

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Trail(s), Trash, Maint - Comm Areas, Maint - Roads, Gated
  • HOAAssociationFee1Year: 2006.00
  • HOAAssociationName: RLPOA
  • HOAAssociationPhone: 9102857471

Lot Info

  • Deed Page: 904.00
  • Lot Acres: 0.58
  • Lot Dimensions: 95 x 175 x 125 x 205
  • Lot Sq Ft: 25265.00
  • Plat Book: 22
  • Plat Page: 80
  • Special Assessments: None Known
  • Zoning: Residential

Tax Info

  • Tax Identifier: 096881 5
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 2571.28

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
May 30, 2024
Closed on
Feb 6, 2025
Sold by
Peterson Billy G and Peterson Elizabeth G
Bought by
Powell Ross H
Seller's Agent
Keith Beatty
Intracoastal Realty Corp
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%
Total Days on Market
223
Views
84
Current Estimated Value
$543,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,813
Avg. Annual Appreciation
-4.07%
Source: Public Records

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Range of Values:

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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 $550,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $327,190 Credit Line Revolving
Previous Owner $262,300 New Conventional
Previous Owner $260,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $75,000 Unknown
Previous Owner $230,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2025 02/10/25 Sold $550,000 -2.5% $194 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
12/13/2024 12/13/24 Price Changed $564,000 -2.6% $199 / Sq Ft
10/18/2024 10/18/24 Price Changed $579,000 -1.7% $204 / Sq Ft
10/01/2024 10/01/24 Price Changed $589,000 -1.7% $208 / Sq Ft
06/25/2024 06/25/24 Price Changed $599,000 -4.2% $211 / Sq Ft
05/30/2024 05/30/24 For Sale $625,000 -- $220 / 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
2024 $2,556 $302,100 $12,600 $289,500
2023 $2,571 $302,100 $12,600 $289,500
2022 $2,520 $302,100 $12,600 $289,500
2021 $2,559 $302,100 $12,600 $289,500
2020 $2,559 $302,100 $12,600 $289,500
2019 $2,499 $302,100 $12,600 $289,500
2018 $1,469 $189,500 $12,600 $176,900
2016 $693 $90,000 $90,000 $0
2013 $670 $90,000 $90,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100447627

Hive MLS

APN: 09-6881-5