Seller's Agent in 2022
Clay Revelle
Carolina Land and Home Realty, LLC
(252) 398-7288
138 Total Sales
508 Terrace Ln Conway, NC 27820
Estimated Value: $216,000 - $298,048
5
Beds
3
Baths
2,350
Sq Ft
$110/Sq Ft
Est. Value
Highlights
- Finished Room Over Garage
- No HOA
- Walk-In Closet
- Main Floor Primary Bedroom
- Gazebo
- Home Security System
About This Home
As of September 2022This magnificent home boasts just under 2 acres of land, sitting on 2 lots in a well developed neighborhood of the quaint town of Conway, NC. Outside the home has established trees and shrubbery, around back there is a massive deck overlooking the large back yard. Inside there is a large mud/utility room that leads to the spacious eat-in kitchen. Just beyond the kitchen sits the main bed with its on Ensuite and second downstairs bedroom and full bath. Around the corner is the stair way leading to 3 more bedrooms and a 3rd bath. This property has all the features you could want in a home.
Last Agent to Sell the Property
Carolina Land and Home Realty, LLC License #269923 Listed on: 05/31/2022
Last Buyer's Agent
Mls Class
Non Mls Member
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,704
Year Built
- Built in 1984
Lot Details
- 1.7 Acre Lot
- Lot Dimensions are 200x311x54x293
- Property is zoned RA-30
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2,350 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Crawl Space
- Washer and Dryer Hookup
Kitchen
- Stove
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 3 Full Bathrooms
Home Security
- Home Security System
- Storm Doors
Parking
- 3 Garage Spaces | 1 Attached and 2 Detached
- Finished Room Over Garage
- Driveway
Outdoor Features
- Gazebo
- Separate Outdoor Workshop
Utilities
- Central Air
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5918-81-9670, 5918-91-1508
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2022
Closed on
Aug 25, 2022
Sold by
Wade Earvin L and Wade Gail C
Bought by
Ballance Victor D
Seller's Agent
Clay Revelle
Carolina Land and Home Realty, LLC
Buyer's Agent
Mls Class
Non Mls Member
Sold Price
$275,000
Views
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
-$16,988
Avg. Annual Appreciation
-0.85%
Original Mortgage
$243,500
Outstanding Balance
$235,552
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$32,493
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 |
|---|---|---|---|
| Ballance Victor D | $275,000 | Attorney Only |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ballance Victor D | $243,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2022 09/01/22 | Sold | $275,000 | 0.0% | $117 / Sq Ft |
| 07/25/2022 07/25/22 | Off Market | $275,000 | -- | -- |
| 07/21/2022 07/21/22 | Pending | -- | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $1,793 | $187,069 | $10,500 | $176,569 |
| 2023 | $1,773 | $187,069 | $10,500 | $176,569 |
| 2022 | $1,745 | $170,447 | $10,500 | $159,947 |
| 2021 | $1,753 | $170,447 | $10,500 | $159,947 |
| 2020 | $1,762 | $170,447 | $10,500 | $159,947 |
| 2019 | $1,770 | $170,447 | $10,500 | $159,947 |
| 2018 | $1,779 | $170,447 | $10,500 | $159,947 |
| 2017 | $1,779 | $170,447 | $0 | $0 |
| 2016 | $1,779 | $170,447 | $0 | $0 |
| 2015 | -- | $170,447 | $0 | $0 |
| 2014 | -- | $161,234 | $0 | $0 |
| 2013 | -- | $161,234 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Clay Revelle
-
M
Buyer's Agent in 2022
Mls Class
Non Mls Member
Map
Source: Hive MLS
MLS Number: 8108244
APN: 03-00959
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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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