NOT LISTED FOR SALE

405 W Cliff St Wallace, NC 28466

Estimated Value: $148,000 - $192,565

3 Beds
2 Baths
1,483 Sq Ft
$122/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $130,000 $88 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,066/month

20 Days on Market

Highlights

  • Formal Dining Room
  • Walk-in Shower
  • Wood Fence

About This Home

As of March 2022

Adorable farmhouse style cottage on a half acre corner lot located in the heart of Wallace, with a driveway entrance from both roads. Lots of privacy from mature wood lines. 1800 +/- square foot garage. Walking distance to shopping, coffee, library, park, and so much more! Small fenced in area with a cozy fire pit, herb garden, benches, and a deck perfect for entertaining or a safe place for pets. Inside the home has plenty of charm and character! From custom built in shelves and China cabinet, to beautiful tile work in the bathroom! Come on out and see it for yourself!

Last Agent to Sell the Property

Jamie Crist

BlueCoast Realty Corporation License #286825 Listed on: 01/03/2022

BlueCoast Realty Corporation

Last Buyer's Agent

Jonathan Jozak

PROACTIVE Real Estate License #317389

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • Wood Fence
  • Chain Link Fence

Parking

  • 2

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Walk-in Shower
  • 2-Story Property
  • Formal Dining Room
  • Partial Basement

Utilities

  • Propane Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Deed Book: 1923
  • Deed Page: 806.00
  • Fencing: Chain Link, Partial, Wood
  • Listing I D: 100306333
  • Marketing City: Wallace
  • Secondary Subdivision: N/A
  • Stories: 2
  • Tax Year: 2018
  • Water Heater: Propane
  • Year Built: 1952
  • Zoning: Residential
  • Property Sub Type: Single Family Residence
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.52
  • Lot Size: 125x199x126x199
  • Lot Size Sq Ft: 22651.00
  • Road Frontage Type: City Street, State Road, Paved
  • Road Surface Type: Paved
  • Appliances: Electric Oven, Refrigerator, Dishwasher
  • Association Amenities: None
  • Has H O A?: No
  • Co Buyer Office Phone: 910-201-2200
  • Co List Office Mls Id: o579503197
  • List Office Name: The Property Shop International Realty
  • List Office Phone: 910-798-4009
  • Special Conditions: Standard
  • Contingent: 2022-02-20
  • Major Change: 2022-03-29
  • Major Change: Status Change
  • Modification Timestamp: 2025-12-30
  • Temp Off Market: 2022-01-24
  • Pending: 2022-01-24
  • Purchase Contract Date: 2022-01-24
  • Status Change: 2022-03-29
  • List A O R: Cape Fear Realtors MLS, Inc.
  • Listing Contract: Exclusive Right To Sell
  • M L S: Full Service
  • Sign: Yes
  • Doc Change: 2022-01-03
  • Doc Count: 3
  • Photos Change Timestamp: 2022-01-04
  • M L S Status: Closed
  • Orig Sys Key: 20210811134607481196000000
  • Close Price: 130000.00
  • Original List Price: 123900.00
  • Original List Price: 123900.00
  • Private Office Remarks: Boot bench, & playground set do not convey. 24 hour notice, do not pet dogs, or go behind garage where dogs will be. Upstairs is included in heated & cooled sq ft.
  • Standard Status: Closed
  • Subdivision Name: Not In Subdivision
  • Directions: From Interstate 40, Exit 390 to Wallace. Left onto Hwy 117, 4 m to Wallace, turn left on Main Street, go about 6 blocks, turn left onto Orange, go 3 blocks, house is on the right, sign in yard.
  • Building Area Total: 1483
  • Construction Type: Vinyl Siding
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Foundation Details: Crawl Space
  • Unit Levels: One and One Half
  • Is New Construction?: No
  • Other Structures: Workshop
  • Patio And Porch Features: Deck, Porch
  • Room Types: Living Room, Dining Room, Dining Area, Bedroom 1, Bedroom 2, Bedroom 3, Laundry
  • Parcel#: 09 885
  • Tax Book Number: 0
  • Tax Map Number: 0
  • @id: https://api.sourceredb.com/odata/Property('82cf6d557d51b0d36566789dfa151e14')
  • @etag: W/"YmluYXJ5J0FBQUFBQkFhdDJZPSc="
  • Sewer Provider: Municipal Sewer
  • Sold Exclusive Y N: No
  • V O W Entire Listing Display Y N: Yes
  • Current Price: 130000.00
  • Current Price Public: 130000.00
  • Island Or Mainland: Mainland
  • Fuel Tank Owned Or Leased: Owned
  • Seller Reputation: Has owned the property for at least one year
  • Living Area Range: 1400 - 1599
  • Office Exclusive Y N: No
  • Prospect Exempt Y N: No
  • In City Limits Y N: Yes
  • Broker Owner Y N: No
  • Cobra Zone Y N: No
  • Proposed Close Date: 2022-03-22
  • Electric Provider: Duke Progress Energy
  • Photos Rights Held By Agent Y N: Yes
  • Remarks Written By Agent Y N: Yes
  • Fuel Tank Above Or Below Ground: Above Ground
  • Fuel Tank Fuel Type: Propane
  • Tax Other Assessment Amount Frequency: None
  • Closed Timestamp: 2022-03-29T19:47:54Z
  • Back On Market Timestamp: 2022-01-17T19:42:36Z
  • Original On Market Timestamp: 2022-01-04T08:15:02Z
  • Pending Date: 2022-01-24
  • Active Under Contract Timestamp: 2022-01-24T20:02:32Z
  • On Market Contract Date: 2022-01-04
  • Unparsed First Line Address: 405 W Cliff Street
  • List Price Per Sqft: 83.55
  • Close Price Per Sqft: 87.66
  • V O W Address Display Y N: Yes
  • V O W Automated Valuation Display Y N: No
  • V O W Consumer Comment Y N: No
  • Driveway Spaces: 3
  • Buyer Agent National Association Id: 579513781
  • Buyer Office National Association Id: 579502586
  • Co Buyer Agent National Association Id: 579513845
  • List Agent National Association Id: 579510064
  • List Office National Association Id: 579503197
  • A P I Modification Timestamp: 2025-12-30T18:50:32.024Z
  • Tax Amount: 495.54
  • Permitted Use: Public
  • Special Features: None

Interior Features

  • Dining Room Type: Formal
  • Interior Amenities: Walk-in Shower
  • Master Bedroom Level: Primary Living Area
  • Laundry Features: Dryer Hookup, Washer Hookup, Laundry Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 2.00

Exterior Features

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

Garage/Parking

  • Has Attached Garage?: No
  • Garaged Spaces: 2.00
  • Open Parking Spaces: 3
  • Parking Features: Unpaved, On Site
  • Total Parking Spaces: 2.00
  • Detached Garage Spaces: 2.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating System Fuel Source: Propane
  • Water Source: Public
  • Heating: Propane
  • Heating Yn: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2022
Closed on
Mar 9, 2022
Sold by
Allen Larue Richard and Allen Ann Ruby
Bought by
Larue Richard Allen and Justice Lemuel Steve
Seller's Agent
Jamie Crist
BlueCoast Realty Corporation
Buyer's Agent
Jonathan Jozak
PROACTIVE Real Estate
List Price
$123,900
Sold Price
$130,000
Premium/Discount to List
$6,100
4.92%
Current Estimated Value
$180,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,891
Avg. Annual Appreciation
9.11%
Original Mortgage
$104,000
Outstanding Balance
$98,277
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$82,614
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
Larue Richard Allen $124,000 Moore & Kenan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larue Richard Allen $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2022 03/28/22 Sold $130,000 +4.9% $88 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $123,900 0.0% $84 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $123,900 -- $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
2025 $1,436 $119,500 $34,600 $84,900
2024 $1,209 $81,100 $21,600 $59,500
2023 $966 $81,100 $21,600 $59,500
2022 $947 $71,300 $21,600 $49,700
2021 $966 $71,300 $21,600 $49,700
2020 $524 $71,300 $21,600 $49,700
2019 $510 $71,300 $21,600 $49,700
2018 $510 $71,300 $21,600 $49,700
2016 $496 $68,000 $21,600 $46,400
2013 $480 $68,000 $21,600 $46,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100306333

Hive MLS

APN: 09-885