NOT LISTED FOR SALE

198 Cedar Point Dr Wallace, NC 28466

Estimated Value: $661,000 - $717,113

3 Beds
3.5 Baths
3,785 Sq Ft
$181/Sq Ft Est. Value

Sale Details

Date Sold: July 10, 2020

Last sale price $285,000 $75 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $4,366 / mo

393 Days on Market

Highlights

  • Gated Community
  • Main Floor Primary Bedroom
  • Bonus Room
  • Pond View
  • Attic
  • Solid Surface Countertops

About This Home

As of July 2020

This stunning home comes with free lawn care for 2 years! Gorgeous is the only way to describe this home with its beautiful water and (# 2 )fairway views! Newly renovated, features include a huge downstairs master suite w/ private. The spa subway tiled shower, with double shower heads, walk in closet, & double sinks are a ladies dream come true! A chef's kitchen features tons of cabinetry and long counter areas for those who like to cook! Stainless appliances and granite counters finish off the space. Enjoy gorgeous water views from the kitchen, den and breakfast nook. which has lots of natural light. This home has not one but two staircases for ease of access. The front staircase leads from the front foyer to 2 bedrooms, a full shared hall bath and a office nook which overlooks the den. A second staircase leads to the finished room above garage. The exterior includes a lush landscape with covered back porch for sipping your favorite beverage. Bonus!!! The seller will pay 2 years of your required $172.00 lawn maintenance fees for you at closing with agreed upon offer . HOA fees and covenants apply. Buyer to verify flood zone, flood ins suggested. Buyer to verify condition of HVAC, mechanicals, & permits.

Last Agent to Sell the Property

Valerie Johnson

Johnson Realty License #241499 Listed on: 04/10/2019

Last Buyer's Agent

Todd Bryant

1st Class Real Estate Coastal Choice License #314785

1st Class Real Estate Coastal Choice

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2003

Lot Details

  • 17,860 Sq Ft Lot
  • Property fronts a private road
  • Cul-De-Sac

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,785 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Pond Views
  • Crawl Space
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 226
  • Assessor Parcel Number 09-2946

Community Details

Overview

  • River Landing Subdivision

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2003

Lot Details

0.41 Acres

HOA Fees

$321 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • List Priceper Sq Ft: 79.00
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Year Built: 2003
  • Lot View Type: Pond View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Walk-In
  • Dining Room Type: Formal, Kitchen
  • Fireplace: None
  • Flooring: Carpet, Vinyl, Tile
  • Interior Amenities: Ceiling Fan(s), Solid Surface, Walk-In Closet, Walk-in Shower
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Bedroom2 Level: Second
  • Bedroom3 Level: Second
  • Bonus Room Level: Second
  • Breakfast Nook Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Office Level: Second
  • Sq Ft Heated: 3785.00
  • Stories: 2.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 3785.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Private
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Cooling System: Central
  • Fuel Tank Ownership: Owned
  • Heated Sq Ft: 3500 - 3999
  • Heating System: Forced Air
  • Service Providers Water Provider: Town of Wallace
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Gated, Street Lights, Trash, Management
  • H O A Association Fee1 Year: 3847.00
  • H O A H O A1 Mgmt Company: River Landing POA

Lot Info

  • Cobra Zone: No
  • Deed Page: 314.00
  • Lot Acres: 0.41
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: irregular
  • Lot Number: 226
  • Lot Sq Ft: 17860.00
  • Zoning: residential

Tax Info

  • Tax Identifier: 09-2946
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2023
Sold by
Anemone Frank Charles and Anemone Maria Katherine
Bought by
Anemone Frank Charles and Anemone Maria Katherine
Current Estimated Value
$684,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,180
Outstanding Balance
$293,558
Interest Rate
6.69%
Mortgage Type
Balloon
Estimated Equity
$390,720

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jun 17, 2020
Sold by
Johns Creek Remodeling Llc
Bought by
Anemone Frank Charles and Noetzel Maria
Seller's Agent
Valerie Johnson
Johnson Realty
Buyer's Agent
Todd Bryant
1st Class Real Estate Coastal Choice
List Price
$339,000
Sold Price
$285,000
Premium/Discount to List
-$54,000
-15.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.55%
Original Mortgage
$256,500
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2018
Sold by
Roman Robert N and Roman Virginia D
Bought by
Johns Creek Remodeling

Purchase Details

Closed on
Nov 26, 2000
Bought by
Roman Robert N and Wife Virginia D Ro
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Anemone Frank Charles -- First American Title
Anemone Frank Charles -- First American Title
Anemone Frank Charles $285,000 None Available
Johns Creek Remodeling $128,000 --
Roman Robert N $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anemone Frank Charles $301,180
Closed Anemone Frank Charles $301,180
Previous Owner Anemone Frank Charles $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $285,000 -15.9% $75 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
04/10/2019 04/10/19 For Sale $339,000 -- $90 / Sq Ft
Source: Hive MLS

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 $4,717 $704,800 $42,000 $662,800
2024 $3,563 $424,900 $15,400 $409,500
2023 $3,513 $424,900 $15,400 $409,500
2022 $3,513 $424,900 $15,400 $409,500
2021 $0 $424,900 $15,400 $409,500
2020 $3,572 $424,900 $15,400 $409,500
2019 $1,487 $176,400 $15,400 $161,000
2018 $3,360 $424,900 $15,400 $409,500
2016 $3,893 $496,600 $110,000 $386,600
2013 $3,767 $496,600 $110,000 $386,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100159769

Hive MLS

APN: 09-2946

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