NOT LISTED FOR SALE

401 Forest Ln Wallace, NC 28466

Estimated Value: $141,000 - $158,000

2 Beds
1 Bath
933 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 08, 2023

Last sale price $117,000 $125 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $900/month

3 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Outdoor Storage
  • No HOA
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of May 2023

Two bedroom, one bath cozy home at the end of a street, large town lot, detached garage, split floor plant, covered carport, perfect for an investment or starter home! Water heater is 2ish years old. Air handler replaced in 2018/2019, bathroom flooring and subfloor was redone in 2021, detached garage has walls with insulation.

Last Agent to Sell the Property

Krysta Knowles

Knowles Realty & Rentals Inc. License #267535 Listed on: 03/27/2023

Last Buyer's Agent

Kaylyn Guzman Vasquez

Keller Williams Realty Platinum - Garner-Clayton License #344935

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $598

Year Built

  • Built in 1950

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 80x178

Home Design

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

Interior Spaces

  • 933 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space
  • Stove

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Outdoor Storage
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 093393

Home Details

Home Type

Single Family

Est. Annual Taxes

$598

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1950
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: None
  • Laundry Location: Hall
  • List Price per Sq Ft: 133.98
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Sq Ft Heated: 933.00
  • Total Heated Primary Separate Sq Ft: 933.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Attached, Paved, Detached

Utilities

  • Appliances Equipment: Dryer, Washer, Stove/Oven - Electric, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Community Sewer, Community Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 416.00
  • Lot Acres: 0.33
  • Lot Dimensions: 80x178
  • Lot Sq Ft: 14375.00
  • Zoning: Residential

Tax Info

  • Tax Identifier: 093393
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 598.40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Apr 25, 2023
Sold by
Henderson Jenna Blair
Bought by
Vasquez Kevin
Seller's Agent
Krysta Knowles
Knowles Realty & Rentals Inc.
Buyer's Agent
Kaylyn Guzman Vasquez
Keller Williams Realty Platinum - Garner-Clayton
List Price
$125,000
Sold Price
$117,000
Premium/Discount to List
-$8,000
-6.4%
Current Estimated Value
$150,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,045
Avg. Annual Appreciation
9.88%
Original Mortgage
$113,490
Outstanding Balance
$110,231
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$39,814

Purchase Details

Closed on
Jan 30, 2017
Sold by
Hall William Edward and Hall Brittany
Bought by
Henderson Jenna Blair

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
4.32%
Mortgage Type
Unknown

Purchase Details

Listed on
Dec 12, 2011
Closed on
Aug 2, 2012
Sold by
Homesales Inc
Bought by
Hall William Edward
Seller's Agent
Sue Mills
Associated Realty of Wallace, Inc
Buyer's Agent
Sue Mills
Associated Realty of Wallace, Inc
List Price
$54,900
Sold Price
$47,100
Premium/Discount to List
-$7,800
-14.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$48,100
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 9, 2011
Sold by
Williams Tracy Michele and Williams Tracy M
Bought by
Homesales Inc

Purchase Details

Closed on
Jul 1, 2008
Sold by
Smith Henry Thomas
Bought by
Gonzalez Abimael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,600
Interest Rate
6.02%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 16, 2008
Sold by
Smith Henry Thomas
Bought by
Gonzalez Abimael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,600
Interest Rate
6.02%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 27, 2007
Sold by
Phaneuf Richard S and Phaneuf Keri L
Bought by
Williams Tracy Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,920
Interest Rate
6.1%
Mortgage Type
New Conventional
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
Vasquez Kevin $117,000 None Listed On Document
Henderson Jenna Blair $60,000 None Available
Hall William Edward $47,500 None Available
Homesales Inc $52,700 None Available
Gonzalez Abimael -- None Available
Gonzalez Abimael $37,000 None Available
Williams Tracy Michele $94,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez Kevin $113,490
Previous Owner Henderson Jenna Blair $57,000
Previous Owner Hall William Edward $48,100
Previous Owner Gonzalez Abimael $48,600
Previous Owner Williams Tracy Michele $97,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2023 05/08/23 Sold $117,000 -6.4% $125 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/27/2023 03/27/23 For Sale $125,000 +165.4% $134 / Sq Ft
08/03/2012 08/03/12 Sold $47,100 -14.2% $50 / Sq Ft View Prior Sale
07/19/2012 07/19/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $54,900 -- $59 / 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 $1,355 $122,100 $26,800 $95,300
2024 $1,167 $86,100 $16,800 $69,300
2023 $1,167 $86,100 $16,800 $69,300
2022 $1,143 $86,100 $16,800 $69,300
2021 $1,167 $86,100 $16,800 $69,300
2020 $633 $86,100 $16,800 $69,300
2019 $616 $86,100 $16,800 $69,300
2018 $616 $86,100 $16,800 $69,300
2016 $697 $83,200 $16,800 $66,400
2013 $675 $83,200 $16,800 $66,400
Source: Public Records

Agents Affiliated with this Home

  • Krysta Knowles

    Seller's Agent in 2023

    Krysta Knowles

    Knowles Realty & Rentals Inc.

    (910) 271-0606

    10 in this area

    37 Total Sales

    Krysta Knowles
    Section Image

  • K

    Buyer's Agent in 2023

    Kaylyn Guzman Vasquez

    Keller Williams Realty Platinum - Garner-Clayton

  • S

    Seller's Agent in 2012

    Sue Mills

    Associated Realty of Wallace, Inc

    (910) 290-2082

    17 in this area

    70 Total Sales

    Sue Mills
    Section Image
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Map

Source: Hive MLS

MLS Number: 100376025

Hive MLS

APN: 09-3393

North Carolina Duplin County Wallace 28466

401 Forest Ln, Wallace, NC

Not Listed for Sale

Detached

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