NOT LISTED FOR SALE

417 S College St Wallace, NC 28466

Estimated Value: $283,000 - $400,000

3 Beds
2.5 Baths
2,896 Sq Ft
$125/Sq Ft Est. Value

Last Sold August 03, 2021

Last sale price $305,000 $105 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,188/month

3 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Sun or Florida Room
  • Vaulted Ceiling
  • 2 Fireplaces
  • Corner Lot

About This Home

As of August 2021

This breathtaking Contemporary Modern historic home is located in downtown Wallace. It's just two blocks walk away from boutique shopping & Burney's! Originally the ''Kramer'' home built in the 1940s, with a family room added in the 1970s. This is a complete renovation from paint, to charming wallpaper, granite countertops, custom built cabinets, wainscoting, vaulted ceilings in the grand family room, a tankless hot water heater, spacious laundry room, and the list goes on. The original hardwoods have been preserved & restored, alongside maintaining the integrity of the doors & gorgeous hardware. Brand new windows throughout and tiled bathrooms. This spectacular home is move-in ready. Outdoor storage & a privacy fence to boot. A MUST SEE!

Last Agent to Sell the Property

Cynthia Hatcher

Simpson Real Estate Group Inc License #237057 Listed on: 06/16/2021

Last Buyer's Agent

Keith Beatty

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 0.79 Acre Lot
  • Fenced Yard
  • Wood Fence
  • Corner Lot
  • Property is zoned R-8

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,896 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Great Room
  • Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-in Shower

Basement

  • Exterior Basement Entry
  • Crawl Space

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Detached Garage
  • 2 Detached Carport Spaces
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Tankless Water Heater
  • Propane Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number Parcel #09-3252

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Auction: No
  • Basement: Outside Entrance
  • Cobra Zone: No
  • Construction: Brick/Stone
  • Construction Type: Stick Built
  • Cooling System: Central, Zoned
  • Deed Page: 764.00
  • Directions To Property: Take I-40 to Exit 390. Turn left onto Hwy 117 towards Wallace. Take left on E. Hall St. and home is on the right, corner of Hall and College st.
  • Document Count: 1
  • Fencing: Back Yard, Wood
  • Fireplace: 2
  • Foundation: Brick/Mortar, Crawl Space
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100276817
  • List Priceper Sq Ft: 102.90
  • Location Type: Mainland
  • Lot Acres: 0.79
  • Lot Description: Corner Lot
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 34412.00
  • Marketing City: Wallace
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered, Porch, Open, Deck
  • Pre Direction: S
  • Prospect Exempt: No
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Great Room Level: First
  • Other Level: First
  • Sunroom Level: First
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Sign On Property: Yes
  • Sq Ft Heated: 2896.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Not In Subdivision
  • Tax Identifier: Parcel #09-3252
  • Tax Year: 2020
  • Terms: Cash, USDA Loan, VA Loan, FHA, Conventional
  • Total Heated Primary Separate Sq Ft: 2896.00
  • Water Heater: Propane, Tankless
  • Waterview: No
  • Year Built: 1948
  • Zoning: R-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Formal
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-in Shower, Pantry, Foyer, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Room
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom1 Level: Second
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second

Exterior Features

  • Exterior Features: Gas Logs, Thermal Windows, Thermal Doors, Storm Doors
  • Exterior Finish: Brick
  • Exterior Structures: Workshop
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Detached Carport Spaces: 2.00
  • Detached Garage Spaces: 2.00
  • Total Carport Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Heated Sq Ft: 2800 - 2999
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jul 28, 2021
Sold by
Hatcher Dustin Murrel and Hatcher Polly Anna
Bought by
Adams Philip Wayne and Bryant Shirley Davis
Seller's Agent
Cynthia Hatcher
Simpson Real Estate Group Inc
Buyer's Agent
Keith Beatty
Intracoastal Realty Corp
List Price
$298,000
Sold Price
$305,000
Premium/Discount to List
$7,000
2.35%
Current Estimated Value
$360,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,972
Avg. Annual Appreciation
3.87%
Original Mortgage
$244,000
Outstanding Balance
$221,494
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$139,478

Purchase Details

Listed on
Mar 13, 2018
Closed on
Apr 30, 2018
Sold by
Cavenaugh Susan D
Bought by
Hatcher Dustin M and Hatcher Polly A
Seller's Agent
Patricia Boykin
Dunn Realty
Buyer's Agent
Curt Simpson
Simpson Real Estate Group Inc
List Price
$95,000
Sold Price
$85,000
Premium/Discount to List
-$10,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.98%
Original Mortgage
$80,750
Interest Rate
4.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 14, 1985
Bought by
Cavenaugh Susan
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
Adams Philip Wayne $305,000 None Available
Hatcher Dustin M $85,000 --
Cavenaugh Susan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Philip Wayne $244,000
Previous Owner Hatcher Dustin M $80,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2021 08/03/21 Sold $305,000 +2.3% $105 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $298,000 +250.6% $103 / Sq Ft
05/01/2018 05/01/18 Sold $85,000 -10.5% $30 / Sq Ft View Prior Sale
03/21/2018 03/21/18 Pending -- -- --
03/13/2018 03/13/18 For Sale $95,000 -- $34 / 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 $3,612 $325,400 $54,900 $270,500
2024 $2,470 $182,300 $34,300 $148,000
2023 $2,421 $182,300 $34,300 $148,000
2022 $2,421 $182,300 $34,300 $148,000
2021 $2,494 $182,300 $34,300 $148,000
2020 $1,340 $182,300 $34,300 $148,000
2019 $1,303 $182,300 $34,300 $148,000
2018 $709 $182,300 $34,300 $148,000
2016 $712 $177,600 $34,300 $143,300
2013 $687 $177,600 $34,300 $143,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100276817

Hive MLS

APN: 09-3252