$219,000
SOLD MAY 30, 2025

523 E Southerland St Wallace, NC 28466

3 Beds
2 Baths
1,260 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$174 Per Sq Ft

8% Below List Price

38 Days on Market

Highlights

  • No HOA
  • Shed
  • Combination Dining and Living Room
  • Attached Garage
  • Walk-in Shower
  • Ceiling Fan

About This Home

As of May 2025

This beautifully renovated single-family home in the heart of Wallace, NC, is move-in ready and full of charm. Step inside and be greeted by a bright and inviting space with new laminate-water proof flooring, freshly painted walls in a creamy white with a contrast color on the doors and trim for extra character. New ceiling fan and all new light fixtures. Do you love arches? This home features two stunning original arches that serve as gorgeous focal points. Tired of the all white kitchen? we are too! This kitchen has been updated with professionally painted two-toned cabinets, floating shelves stained and sealed, butcher block countertops, a brand-new 33'' white sink, white subway tile, new light fixtures, AND a full stainless-steel appliance package! The laundry room is super spacious with a coat closet, an additional closet for extra storage and a brand new water heater - oh yeah... The washer and dryer are yours too! The bathrooms have brand new light fixtures and vanities with refinished tubs. Enjoy year-round comfort with a new water heater, 2025 central HVAC system and new ductwork. Significant improvements have also been made to the crawl space, including new insulation, a vapor barrier, and the sistering of over 50 joists, ensuring long-term structural stability. In the exterior, there parking space for 4 vehicles, a low maintenance yard, a storage room and a spacious shed. Located in the Wallace Elementary districts, this home offers unbeatable convenience. It's just one block from the local baseball field and City Hall, and only five minutes from Walmart and major retail stores. Plus, with quick 10-minute access to I-40, commuting is a breeze. Don't miss your chance to own this thoughtfully updated home -- schedule your showing today!

Last Agent to Sell the Property

Paula Vargas Beasley

REAL Broker LLC License #323555 Listed on: 03/24/2025

REAL Broker LLC

Last Buyer's Agent

Pinpoint Properties

REAL Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $923

Year Built

  • Built in 1945

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Laminate Flooring
  • Crawl Space
  • Attic Access Panel
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • Attached Garage
  • 2 Attached Carport Spaces
  • Driveway

Schools

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

Utilities

  • Heat Pump System
  • Municipal Trash

Additional Features

  • Shed
  • 7,841 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 091907

Home Details

Home Type

Single Family

Est. Annual Taxes

$923

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1945
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling Fan(s), Walk-in Shower
  • Laundry Location: Hookup - Dryer, Laundry Room, Hookup - Washer
  • List Price per Sq Ft: 182.54
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1260.00
  • Total Heated Primary Separate Sq Ft: 1260.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shed(s), Storage
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: Attached, Paved, Covered

Utilities

  • Cooling System: Central Air
  • Federal Flood Ins Avlbl: No
  • Heating System: Heat Pump
  • Utilities: Sewer Available, Water Available
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 956.00
  • Lot Acres: 0.18
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 7841.00
  • Zoning: Residential

Tax Info

  • Tax Identifier: 091907
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 922.76

MLS Schools

  • Elementary School: Wallace
  • High School: Wallace-Rose Hill
  • Middle School: Wallace
  • School District: Duplin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2025
Closed on
May 29, 2025
Sold by
Clout Properties Llc
Bought by
Jacobs Steven
Seller's Agent
Paula Vargas Beasley
REAL Broker LLC
Buyer's Agent
Pinpoint Properties
REAL Broker LLC
List Price
$239,000
Sold Price
$219,000
Premium/Discount to List
-$20,000
-8.37%
Views
20
Current Estimated Value
$217,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,850
Avg. Annual Appreciation
-1.48%
Original Mortgage
$7,665
Outstanding Balance
$3,887
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$213,263

Purchase Details

Closed on
Dec 19, 2024
Sold by
Sojka Arthur L
Bought by
Clout Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,695
Interest Rate
6.78%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 30, 2016
Closed on
Oct 12, 2016
Sold by
Garris Jayvalson and Garriss Melissa
Bought by
Sojka Arthur L and Sojka Joan A
Seller's Agent
Valerie Johnson
Johnson Realty
Buyer's Agent
LaDee Piner
Piner Real Estate
List Price
$79,900
Sold Price
$69,900
Premium/Discount to List
-$10,000
-12.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%
Original Mortgage
$65,555
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 1974
Bought by
Garriss Elvin and Wife Luba C
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 $219,000 None Listed On Document
Warranty Deed $219,000 None Listed On Document
Warranty Deed $118,000 None Listed On Document
Warranty Deed $118,000 None Listed On Document
Warranty Deed $118,000 None Listed On Document
Warranty Deed $65,000 None Available
Deed $7,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,665 New Conventional
Closed $7,665 New Conventional
Open $215,033 FHA
Closed $215,033 FHA
Previous Owner $171,695 Construction
Previous Owner $65,555 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2025 05/30/25 Sold $219,000 -4.8% $174 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
04/28/2025 04/28/25 Price Changed $230,000 -2.1% $183 / Sq Ft
04/16/2025 04/16/25 Price Changed $235,000 -1.7% $187 / Sq Ft
04/05/2025 04/05/25 For Sale $239,000 0.0% $190 / Sq Ft
04/01/2025 04/01/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $239,000 +241.9% $190 / Sq Ft
10/14/2016 10/14/16 Sold $69,900 -12.5% $55 / Sq Ft View Prior Sale
08/25/2016 08/25/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $79,900 -- $63 / 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
2025 $1,421 $128,000 $12,400 $115,600
2024 $923 $68,100 $7,800 $60,300
2023 $923 $68,100 $7,800 $60,300
2022 $904 $68,100 $7,800 $60,300
2021 $923 $68,100 $7,800 $60,300
2020 $501 $68,100 $7,800 $60,300
2019 $487 $68,100 $7,800 $60,300
2018 $487 $68,100 $7,800 $60,300
2016 $247 $33,800 $7,800 $26,000
2013 $238 $33,800 $7,800 $26,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100496300

Hive MLS

APN: 09-1907