NOT LISTED FOR SALE

197 Cedar Point Dr Wallace, NC 28466

Estimated Value: $558,000 - $597,592

3 Beds
3 Baths
2,695 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 12, 2018

Last sale price $290,000 $108 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,676/month

33 Days on Market

Highlights

  • Home fronts a pond
  • Pond View
  • Deck
  • Gated Community
  • Clubhouse
  • Wood Flooring

About This Home

As of June 2018

Beautiful brick home in gated golf community of River Landing. Open common area includes formal dining space, living area w/ two-sided gas log fireplace, kitchen w/ breakfast bar. Master suite includes trey ceiling, attached bath w/ dual sinks, vanity, jetted tub, stall shower, walk-in closet. 2nd & 3rd bedrooms share a full bath. 3rd bedroom currently used as an office, has wonderful built-in shelving units & desktop installed. Finished upper bonus room has additional full bath. Screened porch at rear gives way to deck with pressed concrete surface. Exterior features include covered front entry, attached side-load garage, rear screened porch overlooking pond. Community offers residents use of clubhouse, fitness center, swimming pool, nature trails, river lodge, picnic area and playground.

Last Agent to Sell the Property

Tom Gale

Coldwell Banker Sea Coast Advantage License #242825 Listed on: 03/22/2018

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Keith Beatty

Intracoastal Realty Corp License #130521

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,534

Year Built

  • Built in 2005

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 141x180x38x190
  • Home fronts a pond
  • Property fronts a private road
  • Irrigation

HOA Fees

  • $318 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,695 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Formal Dining Room
  • Bonus Room
  • Pond Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 290
  • Assessor Parcel Number 09-2928

Community Details

Overview

  • River Landing Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Restaurant
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool
  • Trails

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,534

Year Built

Built in 2005

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: 2.0
  • Stories Levels: One and One Half
  • Year Built: 2005
  • Road Frontage Type: Pond Front
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen, Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Gas Logs, Ceiling Fan(s), Ceiling - Trey, Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 111.28
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bonus Room Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2695.00
  • Total Heated Primary Separate Sq Ft: 2695.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch, Screened
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air
  • Service Providers Electric Provider: Four County Electric
  • Service Providers Water Provider: Town of Wallace
  • Utilities: Municipal Sewer, Municipal Sewer Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Picnic Area, Trail(s), Taxes, Street Lights, Sidewalk, Restaurant, Playground, Maint - Comm Areas, Management, Maint - Roads, Gated, Community Pool
  • HOAAssociationFee1Year: 3811.00

Lot Info

  • Deed Page: 53.00
  • Lot Acres: 0.38
  • Lot Dimensions: 141x180x38x190
  • Lot Number: 290
  • Lot Sq Ft: 16553.00
  • Zoning: R
  • Lot View Type: Pond View, Water View

Tax Info

  • Tax Identifier: 09-2928
  • Tax Year: 2016
  • Total Real Estate Property Taxes: 3534.00

MLS Schools

  • School District: Duplin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
May 24, 2018
Sold by
Branch B & T Co
Bought by
Gumpright Robert E and Etheridge Sharon C
Seller's Agent
Tom Gale
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Current Estimated Value
$578,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,398
Avg. Annual Appreciation
9.58%
Original Mortgage
$290,000
Outstanding Balance
$250,273
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$328,125

Purchase Details

Closed on
Nov 9, 2017
Sold by
Jackson Ettare M and Jackson Melvin S
Bought by
Branch Banking And Trust Company

Purchase Details

Closed on
Aug 28, 2003
Bought by
Jackson Melvin S and Wife Jackson Ett
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
Gumpright Robert E $290,000 --
Branch Banking And Trust Company $352,500 None Available
Jackson Melvin S $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gumpright Robert E $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2018 06/12/18 Sold $290,000 -3.3% $108 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $299,900 -- $111 / 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 $3,930 $585,200 $35,000 $550,200
2024 $2,947 $349,800 $16,100 $333,700
2023 $2,965 $349,800 $16,100 $333,700
2022 $2,906 $349,800 $16,100 $333,700
2021 $2,952 $349,800 $16,100 $333,700
2020 $2,952 $349,800 $16,100 $333,700
2019 $1,261 $148,400 $16,100 $132,300
2018 $2,778 $349,800 $16,100 $333,700
2016 $3,534 $450,000 $115,000 $335,000
2013 $3,420 $450,000 $115,000 $335,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100106878

Hive MLS

APN: 09-2928