NOT LISTED FOR SALE

405 S Raleigh St Wallace, NC 28466

Estimated Value: $186,000 - $248,000

3 Beds
1 Bath
1,338 Sq Ft
$162/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $225,000 $168 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,225/month

3 Days on Market

Highlights

  • Deck
  • No HOA
  • Porch
  • 1 Fireplace
  • Formal Dining Room
  • Living Room

About This Home

As of July 2024

Welcome to your new beautiful brick home! Located on a quiet street in a beautiful neighborhood just walking distance from Main street in downtown Wallace. Step onto your relaxing front porch and as you enter, you'll be greeted by a spacious living room that flows seamlessly into the dining area, making it perfect for entertaining. The kitchen is well-equipped with stainless steel appliances and ample cabinet space. The home features recently refinished gorgeous hardwood floors, fresh paint throughout, new fixtures, three generously sized bedrooms, and a modern bathroom with a granite countertop and a beautiful tile shower. Step outside to enjoy the large back deck, which includes an electrical hookup and storage for a generator. Additional features include a pulldown attic with flooring laid for extra storage and a large, convenient laundry room. The peaceful backyard is fully gated and includes an additional utility closet and an extra-large shed less than one year old. Other upgrades made around 2017 include a roof, HVAC and encapsulated crawlspace with dehumidifier and a sump pump covered under a warranty provide peace of mind for years to come. Minutes to restaurants, shopping, golf and ~40-minute drive to Wilmington and the beaches, this charming residence offers a perfect blend of comfort and convenience. Don't miss out on this lovely home that offers both peace and proximity to everything you

Last Agent to Sell the Property

Susanne Figueroa

Coldwell Banker Sea Coast Advantage - Jacksonville License #319809 Listed on: 06/14/2024

Coldwell Banker Sea Coast Advantage - Jacksonville

Last Buyer's Agent

Michael Fugman

Realty One Group Affinity License #351390

Realty One Group Affinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $999

Year Built

  • Built in 1950

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 85 x 200 x 83 x 200
  • Chain Link Fence
  • Property is zoned R-8

Parking

  • Unpaved Parking

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,338 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 093808

Home Details

Home Type

Single Family

Est. Annual Taxes

$999

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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Dining Room Type: Formal
  • Fireplace: 1
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling Fan(s), Pantry
  • List Price per Sq Ft: 168.16
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1338.00
  • Total Heated Primary Separate Sq Ft: 1338.00

Exterior Features

  • Exterior Finish: Brick
  • Exterior Structures: Shed(s)
  • Fencing: Chain Link
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Unpaved

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In, Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Water Provider: Town of Wallace
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 427.00
  • Lot Acres: 0.39
  • Lot Dimensions: 85 x 200 x 83 x 200
  • Lot Sq Ft: 16988.00
  • Zoning: R-8

Tax Info

  • Tax Identifier: 093808
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 998.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 3, 2024
Sold by
Imke Hartley Ira and Equity Trust Company
Bought by
Adams Mark J and Deans Wendy Heath
Seller's Agent
Susanne Figueroa
Coldwell Banker Sea Coast Advantage - Jacksonville
Buyer's Agent
Michael Fugman
Realty One Group Affinity
List Price
$225,000
Sold Price
$225,000
Views
26
Current Estimated Value
$216,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,876
Avg. Annual Appreciation
-1.38%
Original Mortgage
$15,000
Outstanding Balance
$14,899
Interest Rate
6.99%
Estimated Equity
$206,510

Purchase Details

Closed on
Apr 24, 2024
Sold by
Frederick Ruby
Bought by
Equity Trust and Imke Hartley Ira

Purchase Details

Listed on
Dec 13, 2017
Closed on
Apr 27, 2018
Sold by
Nadir Marina
Bought by
Fredrick Rubu
Seller's Agent
Team Archer
Spot Real Estate, LLC
Buyer's Agent
Rasa Love
RE/MAX Essential
List Price
$141,000
Sold Price
$129,000
Premium/Discount to List
-$12,000
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$60,000
Interest Rate
4.44%
Mortgage Type
Unknown

Purchase Details

Listed on
Jul 8, 2016
Closed on
Feb 6, 2017
Sold by
Deer Lauren
Bought by
Nadir Marina
Seller's Agent
Curt Simpson
Simpson Real Estate Group Inc
Buyer's Agent
Team Archer
Brick & Mojo, LLC
List Price
$99,900
Sold Price
$78,500
Premium/Discount to List
-$21,400
-21.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.76%

Purchase Details

Closed on
Jun 21, 2010
Sold by
Brown Erika Houston and Brown Scott H
Bought by
Deer Lauren
Source: Public Records

Range of Values:

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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
Adams Mark J $225,000 None Listed On Document
Equity Trust $155,000 None Listed On Document
Fredrick Rubu $129,000 --
Nadir Marina $81,000 None Available
Deer Lauren $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Mark J $15,000
Open Adams Mark J $216,000
Previous Owner Fredrick Rubu $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $225,000 0.0% $168 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $225,000 +74.4% $168 / Sq Ft
05/04/2018 05/04/18 Sold $129,000 -8.5% $108 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $141,000 +79.6% $118 / Sq Ft
02/10/2017 02/10/17 Sold $78,500 -21.4% $66 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
07/08/2016 07/08/16 For Sale $99,900 -- $84 / 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
2024 $999 $73,700 $14,500 $59,200
2023 $999 $73,700 $14,500 $59,200
2022 $979 $73,700 $14,500 $59,200
2021 $999 $73,700 $14,500 $59,200
2020 $542 $73,700 $14,500 $59,200
2019 $527 $73,700 $14,500 $59,200
2018 $0 $73,700 $14,500 $59,200
2016 $483 $66,200 $14,500 $51,700
2013 $467 $66,200 $14,500 $51,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100450299

Hive MLS

APN: 09-3808