Seller's Agent in 2020
Michael Rheel
Berkshire Hathaway HomeServices Carolina Premier Properties
(910) 619-0926
1 in this area
136 Total Sales
217 Cedar Point Dr Wallace, NC 28466
Estimated Value: $599,000 - $690,000
4
Beds
5
Baths
3,398
Sq Ft
$190/Sq Ft
Est. Value
Highlights
- Lake Front
- Indoor Pool
- Clubhouse
- Golf Course Community
- Gated Community
- Wood Flooring
About This Home
As of June 2020Welcome to your new home. A Custom Built Lake Front House in River Landing. Located in Wallace featuring one of North Carolina's Premier Golf Courses. Kitchen features white upgraded cabinets with soft closing draws, Pendulum lighting hanging over the 2 tiered counter tops. The top tier showcases a leather granite and the 2nd tier a white quartz. Of course stainless steel upgraded appliances which includes a 5 burner natural gas oven. Home also includes a spacious walk in pantry. There is a wet bar off the kitchen with glass front display cabinets for crystal, wine glasses, etc... Formal dining room for entertaining with plantation shutters along with crown molding throughout downstairs. Opposite of the dining room is a formal office with Plantation shutters that complete the look for the office. Living room has leather granite framed fireplace leading into the 3 seasons room with plenty of windows for that spectacular lake view. Master bathroom has duel separated vanities, his and her closets and very stylish tile encased tub. Master shower is a piece of art with a custom built tiled wall. Beautiful wood staircase and catwalk lead to spare bedrooms which each included full bathrooms. TV's in bedrooms stay as they are already set up for whole house audio.. Off the garage is a separate staircase to frog/bedroom with 1/2 bathroom. Great use of space for out of town guests.Tiled washer/dryer floor with utility sink acts as mud room off the garage. There are two hot water heaters for the home.. Additional golf cart garage along with a heated storage room. Outside fire pit and sitting wall for campfires by the lake. Lake is stocked with all sorts of fish. An outdoor oasis that is maintain by the HOA!!! No mowing, no weedwacking, no raking... HOA dues include outdoor maintenance.To learn about this community and all it has to offer you should visit riverlanding.comSchedule your tour now.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Carolina Premier Properties License #288975 Listed on: 03/13/2020
Last Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
Home Details
Home Type
- Single Family
Year Built
- Built in 2015
Lot Details
- 0.29 Acre Lot
- Lake Front
- Property fronts a private road
- Irrigation
HOA Fees
- $177 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Architectural Shingle Roof
- Stick Built Home
Interior Spaces
- 3,398 Sq Ft Home
- 2-Story Property
- Wet Bar
- Tray Ceiling
- Ceiling Fan
- 1 Fireplace
- Blinds
- Formal Dining Room
- Lake Views
- Crawl Space
- Attic Access Panel
- Laundry Room
Kitchen
- Gas Oven
- Dishwasher
- Solid Surface Countertops
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Parking
- 3 Car Attached Garage
- Driveway
Outdoor Features
- Indoor Pool
- Enclosed Patio or Porch
Utilities
- Central Air
- Heating Available
- Natural Gas Connected
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 09-2954
Community Details
Overview
- River Landing Subdivision
Amenities
- Restaurant
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Trails
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2020
Closed on
Jun 10, 2020
Sold by
Stott David S and Stott Jr Revocable Liv David S
Bought by
Oates Ronnie K and Oates Patty Casillas
Seller's Agent
Michael Rheel
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$370,000
Sold Price
$340,000
Premium/Discount to List
-$30,000
-8.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,076
Avg. Annual Appreciation
12.22%
Original Mortgage
$306,000
Outstanding Balance
$243,535
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$403,541
Purchase Details
Closed on
Dec 9, 2015
Sold by
Stott David S and Ward Stott Ardis J
Bought by
Stott David S and Ward Stott Ardis J
Purchase Details
Closed on
Sep 17, 2010
Sold by
Bradshaw Richard D and Bradshaw Carole C
Bought by
Four Oaks Bank And Trust Co
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 15, 2010
Sold by
Four Oaks Bank And Trust Co
Bought by
Stott David S and Ward Stott Ardis J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,200
Interest Rate
4.44%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 20, 2010
Sold by
Bradshaw Richard D and Bradshaw Carole C
Bought by
Four Oaks Bank And Trust Co
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oates Ronnie K | $340,000 | None Available | |
| Stott David S | -- | None Available | |
| Four Oaks Bank And Trust Co | -- | -- | |
| Stott David S | $78,000 | -- | |
| Four Oaks Bank And Trust Co | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oates Ronnie K | $306,000 | |
| Previous Owner | Stott David S | $70,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/29/2020 06/29/20 | Sold | $340,000 | -8.1% | $100 / Sq Ft |
| 05/18/2020 05/18/20 | Pending | -- | -- | -- |
| 03/13/2020 03/13/20 | For Sale | $370,000 | -- | $109 / 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 | $4,181 | $623,400 | $35,000 | $588,400 |
| 2024 | $3,307 | $393,700 | $16,100 | $377,600 |
| 2023 | -- | $393,700 | $16,100 | $377,600 |
| 2022 | $0 | $393,700 | $16,100 | $377,600 |
| 2021 | $0 | $393,700 | $16,100 | $377,600 |
| 2020 | $3,315 | $393,700 | $16,100 | $377,600 |
| 2019 | $1,391 | $164,500 | $16,100 | $148,400 |
| 2018 | $3,118 | $393,700 | $16,100 | $377,600 |
| 2016 | $3,531 | $449,600 | $115,000 | $334,600 |
| 2013 | $857 | $115,000 | $115,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Rheel
-
Keith Beatty
K
Buyer's Agent in 2020
Keith Beatty
Intracoastal Realty Corp
(910) 509-1924
68 in this area
643 Total Sales
Map
Source: Hive MLS
MLS Number: 100209233
APN: 09-2954
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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. ©2026 Hive MLS LLC
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