NOT LISTED FOR SALE

502 Old Wilmington Rd Wallace, NC 28466

Estimated Value: $115,000 - $246,000

4 Beds
2 Baths
2,200 Sq Ft
$93/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $29,715 $14 Per Sq Ft

Est. 590% increase in value since last sale

Current estimated payment $1,229/month

108 Days on Market

Highlights

  • Wood Flooring
  • Covered patio or porch
  • Ceiling height of 9 feet or more
  • No HOA
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of December 2018

Spacious 4 bedroom 2 bath home ready for you to make your own.

Last Agent to Sell the Property

Sue Mills

Associated Realty of Wallace, Inc License #174266 Listed on: 08/16/2018

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $931

Year Built

  • Built in 1922

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 74 x 119 x 76 x 114

Parking

  • On-Site Parking

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Combination Dining and Living Room
  • Crawl Space

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09-4137

Home Details

Home Type

Single Family

Est. Annual Taxes

$931

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1922
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 15.45
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Sq Ft Heated: 2200.00
  • Total Heated Primary Separate Sq Ft: 2200.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: None
  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

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

Schools

  • School District: Duplin

Lot Info

  • Deed Page: 663.00
  • Lot Acres: 0.20
  • Lot Dimensions: 74 x 119 x 76 x 114
  • Lot Sq Ft: 8712.00
  • Lot Water Features: None
  • Zoning: RES

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 09-4137
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 426.00

MLS Schools

  • School District: Duplin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2019
Sold by
Norris Daniel and Russ Mary
Bought by
Glisson Morgan O
Total Days on Market
108
Current Estimated Value
$204,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,202
Outstanding Balance
$106,182
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$98,742

Purchase Details

Listed on
Aug 16, 2018
Closed on
Dec 19, 2018
Sold by
Nacy Fcu
Bought by
Norris Daniel and Russ Mary
Seller's Agent
Sue Mills
Associated Realty of Wallace, Inc
Buyer's Agent
A Non Member
A Non Member
List Price
$39,000
Sold Price
$29,715
Premium/Discount to List
-$9,285
-23.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.84%

Purchase Details

Closed on
Mar 9, 2018
Sold by
Tr Services Of Carolina
Bought by
Navy Fcu

Purchase Details

Closed on
Oct 28, 2015
Sold by
Batts Duane A and Batts Malissa W
Bought by
Mott Benjamin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,400
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2015
Closed on
Aug 11, 2015
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Batts Duane
Seller's Agent
Valerie Johnson
Johnson Realty
Buyer's Agent
Duane Batts
Duplin Realty
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.72%

Purchase Details

Closed on
May 4, 2015
Sold by
Townsend Rogers and Townsend Thomas
Bought by
Wilmington Savings Fund Society and Christiana Trust
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 Buyer Sale Price Title Company
Glisson Morgan O -- --
Norris Daniel $30,000 --
Navy Fcu $32,000 --
Mott Benjamin C -- Attorney
Batts Duane -- Attorney
Wilmington Savings Fund Society $56,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glisson Morgan O $50,000
Open Glisson Morgan O $120,202
Previous Owner Mott Benjamin C $81,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $29,715 -23.8% $14 / Sq Ft
12/02/2018 12/02/18 Pending -- -- --
08/16/2018 08/16/18 For Sale $39,000 +11.4% $18 / Sq Ft
08/14/2015 08/14/15 Sold $35,000 -12.5% $18 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $40,000 -- $21 / 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 $931 $68,700 $11,000 $57,700
2023 $912 $68,700 $11,000 $57,700
2022 $912 $68,700 $11,000 $57,700
2021 $912 $68,700 $11,000 $57,700
2020 $505 $68,700 $11,000 $57,700
2019 $491 $68,700 $11,000 $57,700
2018 $491 $68,700 $11,000 $57,700
2016 $448 $61,400 $11,000 $50,400
2013 $433 $61,400 $11,000 $50,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100130614

Hive MLS

APN: 09-4137