NOT LISTED FOR SALE

307 S Teachey Rd Wallace, NC 28466

Estimated Value: $65,695 - $121,000

5 Beds
4.5 Baths
2,252 Sq Ft
$45/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $160,000 $71 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $535/month

19 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Corner Lot
  • Covered Patio or Porch
  • 1 Fireplace
  • No HOA
  • Formal Dining Room

About This Home

As of September 2022

Investors special! Older home in downtown Wallace. Great location in historic part of town. Walking distance to Main St. Original house was built in 1928, 2 additions have been added. Detached garage/workshop with power. Sits on a hill with lots of old trees. Property includes 2 lots.

Last Agent to Sell the Property

Terri Alphin Smith

Coldwell Banker Sea Coast Advantage - Jacksonville License #228422 Listed on: 07/11/2022

Coldwell Banker Sea Coast Advantage - Jacksonville

Last Buyer's Agent

Teresa Dixon

Relentless Ventures Realty Group License #327400

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,225

Year Built

  • Built in 1928

Lot Details

  • 0.61 Acre Lot
  • Corner Lot
  • Property is zoned RA

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,252 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Formal Dining Room
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Detached Garage
  • Dirt Driveway
  • Assigned Parking

Schools

  • Wallace Elementary School
  • None Middle School
  • Wallace-Rose Hill High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Fuel Tank
  • Municipal Trash

Additional Features

  • Energy-Efficient HVAC
  • Covered Patio or Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09 941 & 09-943

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,225

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Electric Oven
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Heat Pump
  • Deed Page: 195.00
  • Directions To Property: Hwy 41 to Wallace turn on Cliff, house is at corner of Cliff and Teachey
  • Document Count: 3
  • Elementary School: Wallace
  • Fencing: Other
  • Fireplace: 1
  • Foundation: Crawl Space
  • Fuel Tank Ownership: Leased
  • High School: Wallace-Rose Hill
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100338238
  • List Priceper Sq Ft: 88.81
  • Location Type: Mainland
  • Lot Acres: 0.61
  • Lot Description: Corner Lot
  • Lot Sq Ft: 26572.00
  • Marketing City: Wallace
  • Middle School: None
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered, Porch
  • Pre Direction: S
  • Prospect Exempt: No
  • Road Type Frontage: Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Sq Ft Heated: 2252.00
  • State Province: NC
  • Stipulation Of Sale: Standard
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Not In Subdivision
  • Tax Identifier: 09 941 & 09-943
  • Tax Year: 2018
  • Terms: Cash, Conventional
  • Total Real Estate Property Taxes: 1225.42
  • Total Heated Primary Separate Sq Ft: 2252.00
  • Water Heater: Electric
  • Waterview: No
  • Year Built: 1928
  • Zoning: RA
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Interior Amenities: Ceiling Fan(s), Master Downstairs
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 5

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Assigned, Dirt

Utilities

  • Heated Sq Ft: 2200 - 2399
  • Heating System: Gas Pack
  • Utilities: Sewer Available, Water Available
  • Heating System Fuel Source: Propane

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2019
Sold by
Lake Karolinn T and Lake James R
Bought by
Miller William B and Miller Cindy E
Current Estimated Value
$100,565

Purchase Details

Closed on
Aug 3, 2015
Sold by
Harriman Jessica M and Harriman Carl T
Bought by
Lake Karolinn T and Lake James Randolph

Purchase Details

Closed on
Oct 26, 2011
Sold by
Wells Merritt Edith
Bought by
Southerland Virginia M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Miller William B -- --
Lake Karolinn T -- Attorney
Southerland Virginia M $12,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2022 09/07/22 Sold $160,000 -20.0% $71 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $200,000 -- $89 / 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 $183 $16,500 $15,900 $600
2023 $256 $19,300 $9,900 $9,400
2022 $256 $19,300 $9,900 $9,400
2021 $256 $19,300 $9,900 $9,400
2020 $142 $19,300 $9,900 $9,400
2019 $138 $19,300 $9,900 $9,400
2018 $138 $19,300 $9,900 $9,400
2016 $132 $18,100 $9,900 $8,200
2013 $128 $18,100 $9,900 $8,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100338238

Hive MLS

APN: 09-3482