NOT LISTED FOR SALE

398 Log Cabin Rd Teachey, NC 28464

Estimated Value: $67,761

0.5 Acre
$135,522 Price per Acre
21,780 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $60,000

Est. 13% increase in value since last sale

Current estimated payment $418/month

21 Days on Market

About This Lot

As of March 2023

A wonderful opportunity to purchase outside the city limits of Wallace N.C. Come and enjoy the country life. There's a concrete block building that sits on the property. This property offers plenty of parking space. Currently used for storage, the property is located close to I-40.

Last Agent to Sell the Property

Monic Crider

Waypost Realty LLC Listed on: 01/30/2023

Co-Listed By

Buddy Blake

Waypost Realty LLC License #207936

Last Buyer's Agent

Paula Vargas Beasley

REAL Broker LLC License #323555

REAL Broker LLC

Property Details

Property Type

  • Land

Lot Details

  • 0.5 Acre Lot
  • Cleared Lot

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 10- 84- - -

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Auction: No
  • Cobra Zone: No
  • Deed Page: 246.00
  • Directions To Property: Hwy 117 North, turn left onto Lodge St. Continue across the railroad tracks, the road becomes McMillian Street and then Log Cabin. Once you drive around the curve the property will be located on the right .
  • Document Count: 2
  • Elementary School: Wallace
  • Fuel Tank: None
  • High School: Wallace-Rose Hill
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100367040
  • Location Type: Mainland
  • Lot Sq Ft: 21780.00
  • Marketing City: Teachey
  • Middle School: None
  • M L S Approved: Y
  • Road Type Frontage: Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Not In Subdivision
  • Tax Identifier: 10- 84- - -
  • Tax Year: 2023
  • Waterview: No
  • Acres: 0.50
  • Buildigson Property: See Remarks, Storage Buildings
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Priceper Acre: 150000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Mar 29, 2023
Sold by
Thompson Lionel and Thompson Carolyn J
Bought by
Martinez Roberth I Ramos
Seller's Agent
Monic Crider
Waypost Realty LLC
Buyer's Agent
Paula Vargas Beasley
REAL Broker LLC
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Views
85
Current Estimated Value
$67,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,761
Avg. Annual Appreciation
4.44%

Purchase Details

Listed on
Jan 30, 2023
Closed on
Mar 15, 2023
Sold by
Thompson Lionel and Thompson Carolyn J
Bought by
Thompson Lionel and Degiffarde Gwendolyn T
Seller's Agent
Monic Crider
Waypost Realty LLC
Buyer's Agent
Paula Vargas Beasley
REAL Broker LLC
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Views
85

Purchase Details

Closed on
May 3, 2019
Sold by
Bryant Donald
Bought by
Gant Jamel
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
Martinez Roberth I Ramos $60,000 --
Thompson Lionel -- --
Gant Jamel -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $60,000 -20.0% --
02/20/2023 02/20/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $75,000 -- --
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 $800 $106,100 $18,100 $88,000
2023 $2,329 $51,500 $14,000 $37,500
2022 $465 $51,500 $14,000 $37,500
2021 $2,309 $51,500 $14,000 $37,500
2020 $505 $51,500 $14,000 $37,500
2019 $598 $67,400 $5,900 $61,500
2018 $0 $67,400 $11,800 $55,600
2016 $512 $54,700 $7,000 $47,700
2013 $496 $54,700 $7,000 $47,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100367040

Hive MLS

APN: 10-84