NOT LISTED FOR SALE

502 Old Wilmington Rd Wallace, NC 28466

Wallace Area

Estimated Value: $176,000 - $303,000

4 Beds
2 Baths
2,200 Sq Ft
$114/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2018

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

Est. 746% increase in value since last sale

Current estimated payment $1,495 / mo

108 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • High Ceiling
  • Covered Patio or Porch
  • 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

Sally Seller

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 74 x 119 x 76 x 114
  • Property fronts a state road

Parking

  • On-Site Parking

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • 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
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09-4137

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 1922
  • Property Sub Type: Single Family Residence
  • Appliances: None
  • Original List Price: 34000.00
  • Accessibility Features: None
  • Unit Levels: One
  • Living Area: 2200.00
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 15.45
  • Special Features: Auction

Interior Features

  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Flooring: Tile, Wood
  • Interior Amenities: High Ceilings
  • Master Bedroom Level: Primary Living Area
  • Stories: 1
  • Laundry Features: Dryer Hookup, Washer Hookup
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Has Fireplace?: No
  • Total Bedrooms: 8
  • Room Types: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Living Room, Dining Room, Dining Area, Laundry
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 2.00
  • Attic Features: None
  • Living Area Range: 2200 - 2399

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Roof: Metal
  • Pool Features: None
  • Road Frontage Type: City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront Features: None
  • Waterfront?: No
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Covered, Porch
  • Pool Spa Features: None

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No
  • Parking Features: None, On Site

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: Electric, Propane
  • Water Source: Public
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Propane, Electric, Forced Air
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer
  • Fuel Tank Owned Or Leased: Leased
  • Electric Provider: Duke Progress Energy
  • Fuel Tank Above Or Below Ground: Above Ground
  • Fuel Tank Fuel Type: Propane

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Schools

  • Junior High Dist: Duplin

Lot Info

  • Deed Book: 1868
  • Deed Page: 663.00
  • Zoning: RES
  • Lot Size Acres: 0.2
  • Lot Size: 74 x 119 x 76 x 114
  • Lot Size Sq Ft: 8712.00
  • Purchase Contract Date: 2018-12-02
  • Parcel#: 09-4137
  • Cobra Zone Y N: No

Green Features

  • Green Building Verification Type: None

Tax Info

  • Tax Year: 2017
  • Tax Book Number: 0
  • Tax Map Number: 0
  • Tax Other Assessment Amount Frequency: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2019
Sold by
Bought by
Current Estimated Value
$251,296

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
Interest Rate
0.037%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2018
Closed on
Dec 19, 2018
Sold by
Bought by
Seller's Agent
Sue Mills
Associated Realty of Wallace, Inc
Buyer's Agent
Sally Seller
Non Member Office
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
32.34%

Purchase Details

Closed on
Mar 9, 2018
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 2015
Sold by
Bought by

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
0.0389%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2015
Closed on
Aug 11, 2015
Sold by
Bought by
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
19.67%

Purchase Details

Closed on
May 4, 2015
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$30,000 --
$32,000 --
-- Attorney
-- Attorney
$56,100 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $50,000
Open $120,202
Previous Owner $81,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,380 $124,300 $17,600 $106,700
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

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