NOT LISTED FOR SALE

258 River Ridge Dr Wallace, NC 28466

Estimated Value: $131,000

0.57 Acre
$229,825 Price per Acre
24,829 Sq Ft Lot

Last Sold July 24, 2023

Last sale price $22,000

Est. 495% increase in value since last sale

Current estimated payment $865/month

120 Days on Market

Highlights

  • On Golf Course
  • Pond View
  • Community Basketball Court
  • Gated Community
  • Wooded Lot
  • Property is near golf course

About This Lot

As of July 2023

Breathtaking sunset views located along the 15th fairway of River Landing's championship River Course. Parcel in Estate section of River Landing on River Ridge Road crossing over a beautiful brick bridge close to pristine golf course is priced below market for a quick sale. Build a dream custom home, live in one of the best kept environments of the Southeast, and enjoy the active lifestyle of a top 50 mater 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

Beatty Pittman Real Estate Team LLC

Intracoastal Realty Corp License #C37146 Listed on: 02/22/2023

Intracoastal Realty Corp

Last Buyer's Agent

Beatty Pittman Real Estate Team LLC

Intracoastal Realty Corp License #C37146 Listed on: 02/22/2023

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Lot Details

  • 0.57 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Cleared Lot
  • Wooded Lot

HOA Fees

  • $119 Monthly HOA Fees

Property Views

  • Pond
  • Golf Course

Location

  • Property is near golf course

Schools

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

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 09-5130

Community Details

Overview

  • River Landing Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Community Basketball Court
  • Community Playground
  • Trails

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$119 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Auction: No
  • Cobra Zone: No
  • Deed Page: 652.00
  • Directions To Property: NC HWY 41 @ I-40. Exit 385. East on NC HWY 41, River Landing Main Gate on the right, contact Listing Agent for access.
  • Document Count: 2
  • Elementary School: Wallace
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fuel Tank: None
  • High School: Wallace-Rose Hill
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Basketball, Gated Community, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Playground, Tax Comm Areas, Trails
  • Listing I D: 100370634
  • Location Type: Mainland
  • Lot Description: Development, On Golf Course, Subdivision
  • Lot Number: 32
  • Lot Sq Ft: 24829.00
  • Lot Water Features: None
  • Marketing City: Wallace
  • Middle School: Wallace
  • M L S Approved: Y
  • Road Type Frontage: Maintained, Private
  • Service Providers Electric Provider: Four County Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Sign On Property: No
  • Special Assessments: None known
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: River Landing
  • Tax Identifier: 09-5130
  • Tax Year: 2022
  • Terms: 1031 Exchange, Cash, Conventional
  • Waterview: Yes
  • Zoning: Residential
  • Acres: 0.57
  • Buildigson Property: None
  • Current Use: Development, Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Possible
  • List Priceper Acre: 52456.14
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Wooded
  • Lot Number2: 32
  • Internet Service Provider: Spectrum
  • Road Frontage Type: Golf Front
  • Horses Y N: No
  • Lot View Type: Golf Course View, Pond View
  • H O A Association Fee1 Year: 1432.00
  • H O A H O A1 Mgmt Company: RLPOA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Municipal Sewer Available, Municipal Water Available, Natural Gas Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Jul 19, 2023
Sold by
Lee F Cowper Investments Llc
Bought by
Oemler Mark W and Oemler Dolores E
Seller's Agent
Beatty Pittman Real Estate Team LLC
Intracoastal Realty Corp
Buyer's Agent
Beatty Pittman Real Estate Team LLC
Intracoastal Realty Corp
List Price
$29,900
Sold Price
$22,000
Premium/Discount to List
-$7,900
-26.42%
Views
29
Current Estimated Value
$131,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,000
Avg. Annual Appreciation
107.14%

Purchase Details

Closed on
Feb 14, 2013
Sold by
4 Corners Properties Llc
Bought by
Lee F Cowper Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oemler Mark W $22,000 None Listed On Document
Lee F Cowper Investments Llc -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2023 07/24/23 Sold $22,000 -26.4% --
06/21/2023 06/21/23 Pending -- -- --
02/21/2023 02/21/23 For Sale $29,900 -- --
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 $731 $111,100 $60,000 $51,100
2023 $306 $37,100 $37,100 $0
2022 $300 $37,100 $37,100 $0
2021 $306 $37,100 $37,100 $0
2020 $306 $37,100 $37,100 $0
2019 $299 $37,100 $37,100 $0
2018 $288 $37,100 $37,100 $0
2016 $2,040 $265,000 $265,000 $0
2013 $1,974 $265,000 $265,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100370634

Hive MLS

APN: 09-5130