$305,000
SOLD AUG 3, 2021

417 S College St Wallace, NC 28466

3 Beds
2.5 Baths
2,896 Sq Ft
0.79 Acres

Recently Sold

$105 Per Sq Ft

2% Above List Price

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 License #130521

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,470

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

Est. Annual Taxes

$2,470

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: Outside Entrance
  • Dining Room Type: Formal
  • Fireplace: 2
  • Flooring: Tile, Vinyl, Wood
  • Heated Sq Ft: 2800 - 2999
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Walk-in Shower, Pantry, Foyer, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Room
  • List Price per Sq Ft: 102.90
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 1 Level: Second
  • Great Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Other Level: First
  • Sunroom Level: First
  • Sq Ft Heated: 2896.00
  • Total Heated Primary Separate Sq Ft: 2896.00

Exterior Features

  • Exterior Features: Gas Logs, Thermal Windows, Thermal Doors, Storm Doors
  • Exterior Finish: Brick
  • Exterior Structures: Workshop
  • Fencing: Back Yard, Wood
  • Foundation: Brick/Mortar, Crawl Space
  • Porch Balcony Deck: Covered, Porch, Open, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: 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

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central, Zoned
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Propane, Tankless

Association/Amenities

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

Lot Info

  • Deed Page: 764.00
  • Lot Acres: 0.79
  • Lot Description: Corner Lot
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 34412.00
  • Zoning: R-8

Tax Info

  • Tax Identifier: Parcel #09-3252
  • Tax Year: 2020

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
$354,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,146
Avg. Annual Appreciation
4.48%
Original Mortgage
$244,000
Outstanding Balance
$224,342
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$140,012

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $305,000 None Available
Warranty Deed $85,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $244,000 New Conventional
Previous Owner $80,750 Unknown
Previous Owner $50,000 Commercial
Previous Owner $12,500 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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