$325,000
SOLD JAN 29, 2026

502 E Cavenaugh St Wallace, NC 28466

3 Beds
2.5 Baths
3,070 Sq Ft
27,443 Sq Ft Lot

Recently Sold

$106 Per Sq Ft

18% Below List Price

43 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Covered Patio or Porch
  • Sun or Florida Room
  • Den
  • Fenced Yard

About This Home

As of January 2026

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.

Last Agent to Sell the Property

Tammy Barnes

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

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Aspyre Realty Group

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 0.63 Acre Lot
  • Property fronts a state road
  • Fenced Yard

Home Design

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

Interior Spaces

  • 3,070 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Wallace Elementary And Middle School
  • Wallace-Rose Hill High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 330618311855

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0.63 Acres

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Appliances: Range, Dishwasher
  • Home Warranty: Yes
  • Original List Price: 395000.00
  • Unit Levels: One
  • Living Area: 3070.00
  • Is New Construction?: No
  • Other Structures: Shed(s)
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • Home Warranty Company: 2-10
  • Home Warranty Amount: 745.00
  • List Price Per Sqft: 128.66
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Interior Amenities: Master Downstairs, Entrance Foyer, Bookcases, Ceiling Fan(s)
  • Master Bedroom Level: Primary Living Area
  • Stories: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Room Types: Master Bedroom, Bedroom 2, Bedroom 3, Living Room, Dining Room, Den, Sunroom, Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 2.10
  • Living Area Range: 3000 - 3499
  • Floor Plans Count: 1
  • Floor Plans Change Timestamp: 2025-11-06T20:04:00Z

Exterior Features

  • Exterior Finish: Brick, Vinyl Siding
  • Fencing: Back Yard
  • Roof: Metal, Shingle
  • Road Frontage Type: See Remarks
  • Road Frontage Type: City Street, State Road
  • Waterfront?: No
  • Foundation Details: Slab, Crawl Space
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Off Street, On Site

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Has H O A?: No

Schools

  • Elementary School: Wallace
  • High School: Wallace-Rose Hill
  • Junior High Dist: Duplin
  • Middle Or Junior School: Wallace

Lot Info

  • Deed Book: 1924
  • Deed Page: 929.00
  • Zoning: Res
  • Lot Size Acres: 0.63
  • Lot Size: Irregular
  • Lot Size Sq Ft: 27443.00
  • Purchase Contract Date: 2025-12-19
  • Parcel#: 330618311855
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2024
  • Tax Book Number: 0
  • Tax Map Number: 0
  • Tax Other Assessment Amount Frequency: None Known

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2025
Closed on
Jan 26, 2026
Sold by
Noel Joseph Andrew and Noel Amanda J
Bought by
Polar Aaron
Seller's Agent
Tammy Barnes
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Aspyre Realty Group
eXp Realty
List Price
$395,000
Sold Price
$325,000
Premium/Discount to List
-$70,000
-17.72%
Views
28

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
186.58%
Original Mortgage
$319,113
Outstanding Balance
$319,113
Interest Rate
6.21%
Mortgage Type
FHA
Estimated Equity
$57,503

Purchase Details

Closed on
Jun 22, 2020
Sold by
Grady Mark Allen and Grady Mary Louise
Bought by
Noel Joseph Andrew and Noel Amanda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,060
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2012
Sold by
Batts Duane and Batts Malissa A
Bought by
Allen Grady Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
3.43%
Mortgage Type
VA

Purchase Details

Closed on
Jan 18, 2012
Sold by
Judge Michael and Judge Becky E
Bought by
Federal Home Loan Mortgage Corporation
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 Type Sale Price Title Company
Warranty Deed $325,000 None Listed On Document
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 $319,113 FHA
Previous Owner $206,060 New Conventional
Previous Owner $169,500 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2026 01/29/26 Sold $325,000 -17.7% $106 / Sq Ft
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

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

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100540004

Hive MLS

APN: 09-44

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