Seller's Agent in 2018
Valerie Johnson
Johnson Realty
(910) 285-9111
63 in this area
128 Total Sales
507 Forest Ln Wallace, NC 28466
Estimated Value: $172,000 - $197,000
3
Beds
1.5
Baths
1,380
Sq Ft
$133/Sq Ft
Est. Value
Highlights
- No HOA
- Tile Flooring
- 1-Story Property
- Patio
- Forced Air Heating and Cooling System
About This Home
As of March 2018Cute 1950's brick rancher in Wallace is perfect for the first time buyer, small family or retiree. This 3 bedroom, 1.5 bath home has great space and lots of potential. The home features a formal LR, eat-in kitchen, knotty pine study, An addition to the home's original structure added the third bedroom with sliding doors, and large windows. This room leads outside to your private patio. This room is presently used as a third bedroom but, would make a great second living area. The roof is approx. 7+/- years old, central heat and air was installed approx. 5+/- years ago. Most windows are vinyl. In addition, the home has a dehumidifier in the crawlspace. Outside, the home has a single carport, storage building and nice landscaping. A great home for the first time buyer.
Last Agent to Sell the Property
Johnson Realty License #241499 Listed on: 05/31/2017
Home Details
Home Type
- Single Family
Year Built
- Built in 1955
Lot Details
- 9,583
Parking
- 1 Attached Carport Space
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,380 Sq Ft Home
- 1-Story Property
- Crawl Space
- Washer and Dryer Hookup
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Additional Features
- Patio
- 9,583 Sq Ft Lot
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 09-3441
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2017
Closed on
Mar 14, 2018
Sold by
Martin Robert F and Martin Teresa R
Bought by
Boone Eric L
Seller's Agent
Valerie Johnson
Johnson Realty
Buyer's Agent
Valerie Johnson
Johnson Realty
List Price
$109,900
Sold Price
$79,000
Premium/Discount to List
-$30,900
-28.12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,971
Avg. Annual Appreciation
11.38%
Original Mortgage
$81,000
Outstanding Balance
$70,087
Interest Rate
4.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$112,884
Purchase Details
Closed on
Jul 22, 1999
Bought by
Martin Edith Rouse
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Boone Eric L | $79,000 | -- | |
| Martin Edith Rouse | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Boone Eric L | $81,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/22/2018 03/22/18 | Sold | $79,000 | -28.1% | $57 / Sq Ft |
| 01/27/2018 01/27/18 | Pending | -- | -- | -- |
| 05/31/2017 05/31/17 | For Sale | $109,900 | -- | $80 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $1,365 | $123,000 | $21,000 | $102,000 |
| 2024 | $963 | $71,100 | $13,100 | $58,000 |
| 2023 | $963 | $71,100 | $13,100 | $58,000 |
| 2022 | $944 | $71,100 | $13,100 | $58,000 |
| 2021 | $963 | $71,100 | $13,100 | $58,000 |
| 2020 | $523 | $71,100 | $13,100 | $58,000 |
| 2019 | $508 | $71,100 | $13,100 | $58,000 |
| 2018 | $508 | $71,100 | $13,100 | $58,000 |
| 2016 | $465 | $63,700 | $13,100 | $50,600 |
| 2013 | $449 | $63,700 | $13,100 | $50,600 |
Source: Public Records
Agents Affiliated with this Home
-
Valerie Johnson
Map
Source: Hive MLS
MLS Number: 100065653
APN: 09-3441
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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