$395,000
UNDER CONTRACT $10K PRICE DROP

502 E Cavenaugh St Wallace, NC 28466

Estimated payment $2,342/month

Total Views 3,206
3 Beds
3 Baths
3,070 Sq Ft
$129 Price per Sq Ft

Highlights

  • Wood Flooring
  • Fireplace
  • Ceiling Fan
  • Fenced Yard
  • Laundry Room
  • Bookcases

About This Home

Beautiful 3 bedroom, 2 1/2 bath located in Wallace, convenient to downtown shopping, parks and Interstate 40. This home is over 3000 sq ft and sits on .63 acre on a corner lot. The chef's kitchen boasts lots of cabinets with granite countertops and stainless-steel appliances. Great sunroom lets in lots of natural lighting and the uses for this room are endless. Living room with fireplace and a huge den make entertaining in this home a breeze. All 3 bedrooms are large and have oversized closets. The hall has lots of closets and one cedar closet. Laundry room and fenced in backyard. 1 year home warranty included.

Listing Agent

Tammy Barnes

Coldwell Banker Sea Coast Advantage License #239469 Listed on: 11/06/2025

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Bookcases
  • Ceiling Fan
  • Fireplace
  • Laundry Room

Flooring

  • Wood
  • Tile

Schools

  • Wallace Elementary School
  • Wallace-Rose Hill High School

Additional Features

  • Fenced Yard
  • Heating Available

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Stories: 1
  • Year Built: 1955
  • Road Frontage Type: See Remarks
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Interior Amenities: Master Downstairs, Entrance Foyer, Bookcases, Ceiling Fan(s)
  • Master Bedroom Level: Primary Living Area

Exterior Features

  • Exterior Finish: Brick, Vinyl Siding
  • Fencing: Back Yard
  • Roof: Metal, Shingle

Utilities

  • Utilities: Sewer Connected, Water Connected
  • HeatingSystemFuelSource: Electric
  • Water Source: Public

Lot Info

  • Deed Book: 1924
  • Deed Page: 929.00
  • Zoning: Res

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Wallace
  • High School: Wallace-Rose Hill

Map

Range of Values:

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Value Increase
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Percent Increase
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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

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 $3,350 $301,800 $46,600 $255,200
2024 $2,696 $199,000 $29,100 $169,900
2023 $2,643 $199,000 $29,100 $169,900
2022 $2,643 $199,000 $29,100 $169,900
2021 $1,260 $199,000 $29,100 $169,900
2020 $1,286 $174,900 $29,100 $145,800
2019 $1,251 $174,900 $29,100 $145,800
2018 $1,251 $174,900 $29,100 $145,800
2016 $1,256 $172,000 $29,100 $142,900
2013 $1,214 $172,000 $29,100 $142,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2025 12/12/25 For Sale $395,000 0.0% $129 / Sq Ft
12/12/2025 12/12/25 Off Market $395,000 -- --
11/19/2025 11/19/25 Price Changed $395,000 -2.5% $129 / Sq Ft
11/06/2025 11/06/25 For Sale $405,000 +636.4% $132 / Sq Ft
05/21/2012 05/21/12 Sold $55,000 -38.8% $23 / Sq Ft View Prior Sale
05/08/2012 05/08/12 Pending -- -- --
01/11/2012 01/11/12 For Sale $89,900 -- $37 / Sq Ft
Source: Hive MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $204,000 None Available
Warranty Deed $169,500 None Available
Trustee Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $206,060 New Conventional
Previous Owner $169,500 VA
Source: Public Records

Source: Hive MLS

MLS Number: 100540004

Hive MLS

APN: 09-44