NOT LISTED FOR SALE

315 Hanchey Rd Wallace, NC 28466

Estimated Value: $98,000 - $202,057

18.89 Acres
$7,862 Price per Acre
822,848 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $42,000

Est. 254% increase in value since last sale

Current estimated payment $837/month

210 Days on Market

Highlights

  • 18.89 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of January 2020

Here's a very nice tract of land for sale along Hanchey Road in Wallace, Duplin County, North Carolina. Approximately seven (7) acres of cleared land on one side of the road, with the balance wooded land. Power line easement runs through the property. There's a large old house nestled in the wooded land which the Seller used to keep mowed and trimmed up nicely until just a few years ago. He said it would make a very beautiful home site for someone. The back part of the wooded land is in the 100-year flood zone. This land did flood during Hurricane Florence.Just a hop and a skip from I-40, Exit 385, and all that Wilmington has to offer, including fine dining, great shopping, airport, beaches, theatres, symphony, antiquing, UNCW, and much more.

Last Agent to Sell the Property

Beverlie Brewer

Southland Properties Listed on: 06/04/2019

Last Buyer's Agent

Beverlie Brewer

Beulah Land & Home Realty Inc. License #180583

Property Details

Property Type

  • Land

Lot Details

  • 18.89 Acre Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned RA

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09-2119

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Farm
  • Secondary Subdivision: N/A
  • Waterview: No
  • Buildigson Property: See Remarks
  • List Priceper Acre: 2382.21
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No

Utilities

  • Fuel Tank: None

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Schools

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

Lot Info

  • Cobra Zone: No
  • Deed Page: 669.00
  • Lot Sq Ft: 822848.00
  • Zoning: RA
  • Cleared Acres: 7.00
  • Acres: 18.89
  • Wooded Acres: 11.89
  • Current Use: Farm
  • Deed Restriction: No
  • Environmental Hazard: No, Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Wooded

Tax Info

  • Tax Identifier: 09-2119
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2019
Closed on
Jan 29, 2020
Sold by
Cavenaugh David W and Cavenaugh Lynda S
Bought by
Crandell Michael D and Crandell Patricia C
Seller's Agent
Beverlie Brewer
Southland Properties
Buyer's Agent
Beverlie Brewer
Beulah Land & Home Realty Inc.
List Price
$59,900
Sold Price
$42,000
Premium/Discount to List
-$17,900
-29.88%
Current Estimated Value
$148,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,514
Avg. Annual Appreciation
23.47%
Original Mortgage
$31,500
Outstanding Balance
$27,707
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$120,807

Purchase Details

Closed on
Jun 11, 1998
Bought by
Cavenaugh David Wright
Source: Public Records
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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
Crandell Michael D $42,000 None Available
Cavenaugh David Wright $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crandell Michael D $31,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $42,000 -29.9% --
12/31/2019 12/31/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $59,900 -- --
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 $591 $89,800 $89,700 $100
2024 $518 $63,200 $63,100 $100
2023 $511 $63,200 $63,100 $100
2022 $511 $63,200 $63,100 $100
2021 $0 $63,200 $63,100 $100
2020 $521 $63,200 $63,100 $100
2019 $509 $63,200 $63,100 $100
2018 $1,001 $63,200 $63,100 $100
2016 $431 $56,000 $55,900 $100
2013 $417 $56,000 $55,900 $100
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Beverlie Brewer

    Southland Properties

See All Agents

Map

Source: Hive MLS

MLS Number: 100168916

Hive MLS

APN: 09-2119

North Carolina Duplin County Wallace 28458

315 Hanchey Rd, Wallace, NC

Not Listed for Sale

Lots

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