NOT LISTED FOR SALE

194 Falls Landing Way Wallace, NC 28466

Estimated Value: $205,000

0.4 Acre
$512,500 Price per Acre
17,424 Sq Ft Lot

Last Sold December 02, 2014

Last sale price $20,000

Est. 925% increase in value since last sale

Current estimated payment $1,346/month

408 Days on Market

About This Lot

As of December 2014

Bank owned lot sale, price reduced! Opportunity to buy a golf front lot in the exclusive area of The Falls at River Landing. A gated community with award winning golf course, designed by Clyde Johnson. Come see the beautiful clubhouse and outstanding amenities.

Last Agent to Sell the Property

Vin Wells

Cape Fear Commercial, LLC License #192243 Listed on: 09/11/2013

Last Buyer's Agent

Vivian Brown

CENTURY 21 Cherie Schulz Realty Firm License #261732

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $230

Lot Details

  • 0.4 Acre Lot
  • On Golf Course
  • Property is zoned No Zoning -- Ca

HOA Fees

  • $240 Monthly HOA Fees

Schools

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

Community Details

Overview

  • River Landing Subdivision

Amenities

  • Clubhouse

Property Details

Property Type

Land

Est. Annual Taxes

$230

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Special Features: None
  • Property Sub Type: LotsLands

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse
  • Annual HOA: 2880.00

Schools

  • School District: Duplin

Lot Info

  • Deed Book: 1636
  • Deed Page: 719.00
  • Lot Description: Golf Course Lot
  • Lot Dimensions: irregular
  • Lot Sq Ft: 17424.00
  • Zoning: No Zoning -- Ca
  • Acres: 0.40
  • List Price per Acre: 62500.00

MLS Schools

  • Elementary School: Wallace
  • High School: Wallace-Rose Hill
  • Middle School: Charity
  • School District: Duplin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2013
Closed on
Oct 30, 2014
Sold by
First Citizens Bank & Trust Co
Bought by
River Landing Builders Llc
Seller's Agent
Vin Wells
Cape Fear Commercial, LLC
Buyer's Agent
Vivian Brown
CENTURY 21 Cherie Schulz Realty Firm
List Price
$43,400
Sold Price
$20,000
Premium/Discount to List
-$23,400
-53.92%
Current Estimated Value
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,000
Avg. Annual Appreciation
23.87%

Purchase Details

Closed on
Apr 5, 2012
Sold by
Fonke Daniel J and Fonke Victoria G
Bought by
First Citizens Bank & Trust Co
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 Buyer Sale Price Title Company
River Landing Builders Llc $20,000 None Available
First Citizens Bank & Trust Co $126,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2014 12/02/14 Sold $20,000 -53.9% --
10/24/2014 10/24/14 Pending -- -- --
09/11/2013 09/11/13 For Sale $43,400 -- --
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 $230 $35,000 $35,000 $0
2024 $316 $38,500 $38,500 $0
2023 $318 $38,500 $38,500 $0
2022 $311 $38,500 $38,500 $0
2021 $318 $38,500 $38,500 $0
2020 $318 $38,500 $38,500 $0
2019 $310 $38,500 $38,500 $0
2018 $298 $38,500 $38,500 $0
2016 $2,118 $275,000 $275,000 $0
2013 $2,048 $275,000 $275,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Vin Wells

    Seller's Agent in 2014

    Vin Wells

    Cape Fear Commercial, LLC

    (910) 344-1000

    9 Total Sales

    Vin Wells
    Section Image

  • V

    Buyer's Agent in 2014

    Vivian Brown

    CENTURY 21 Cherie Schulz Realty Firm

See All Agents

Map

Source: Hive MLS

MLS Number: 30496116

Hive MLS

APN: 09-6838

North Carolina Duplin County Wallace 28466

194 Falls Landing Way, Wallace, NC

This home is located at 194 Falls Landing Way, Wallace, NC 28466 since 11 September 2013 and is currently estimated at $205,000. 194 Falls Landing Way is a home located in Duplin County with nearby schools including Wallace Elementary School and Wallace-Rose Hill High School.

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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