NOT LISTED FOR SALE

527 River Rd Wallace, NC 28466

Estimated Value: $647,722

8.14 Acres
$79,573 Price per Acre
354,578 Sq Ft Lot

Last Sold October 03, 2022

Last sale price $487,000

Est. 33% increase in value since last sale

Current estimated payment $3,618/month

34 Days on Market

Highlights

  • 8.14 Acre Lot
  • No HOA
  • Level Lot
  • Farm

About This Lot

As of October 2022

Existing Hog Nursery Farm close to I-40, sitting on approximately 8.14 acres of land with a 40' deeded access easement. 2 hog houses on site at 2600/head/building, approx. 5200 total head space, under production contract with Smithfield. There is a perpetual easement for pumping on an adjacent parcel. All feed transfers and houses will be cleaned out after close unless otherwise negotiated. Other farms available for purchase as well, ask for details!

Last Agent to Sell the Property

Christina Asbury

Coldwell Banker Sea Coast Advantage License #211160 Listed on: 05/24/2022

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Ashley Alexander

Coldwell Banker Sea Coast Advantage License #309983

Coldwell Banker Sea Coast Advantage

Property Details

Property Type

  • Land

Lot Details

  • 8.14 Acre Lot
  • Rural Setting
  • Level Lot
  • Property is zoned RA

Schools

  • Wallace Elementary School
  • None Middle School
  • Wallace-Rose Hill High School

Farming

  • Farm

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09-3928

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Farm
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: No
  • Buildigson Property: Barn(s), See Remarks
  • List Priceper Acre: 61425.06
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: See Remarks, Unpaved
  • Waterfront: No

Utilities

  • Fuel Tank: None

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: See Remarks

Schools

  • Elementary School: Wallace
  • High School: Wallace-Rose Hill
  • Middle School: None

Lot Info

  • Cobra Zone: No
  • Deed Book: 1605
  • Deed Page: 490.00
  • Lot Description: Farm, Rural, See Remarks
  • Lot Sq Ft: 354578.00
  • Zoning: RA
  • Acres: 8.14
  • Current Use: Commercial, Farm
  • Deed Restriction: No
  • Environmental Hazard: No
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level, See Remarks

Rental Info

  • Appointment Center Phone: 9102623948
  • Appointment Contact: Christina Asbury

Tax Info

  • Tax Identifier: 09-3928
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Sep 19, 2022
Sold by
Barnhill James Kenneth and Barnhill Regina T
Bought by
M & R Investments Seven Springs Llc
Seller's Agent
Christina Asbury
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Ashley Alexander
Coldwell Banker Sea Coast Advantage
List Price
$500,000
Sold Price
$487,000
Premium/Discount to List
-$13,000
-2.6%
Views
7
Current Estimated Value
$647,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,722
Avg. Annual Appreciation
8.97%

Purchase Details

Closed on
Oct 25, 2007
Sold by
Raynor Durward Allen
Bought by
Barnhill James Kenneth and Barnhill Regina T

Purchase Details

Closed on
Aug 25, 2005
Sold by
Wood Douglas N and Wood Shirley G
Bought by
Russ James P and Russ Hollie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
5.64%
Mortgage Type
Future Advance Clause Open End Mortgage
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

Date Buyer Sale Price Title Company
M & R Investments Seven Springs Llc $487,000 --
Barnhill James Kenneth $660,000 None Available
Russ James P $100,000 None Avalible
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russ James P $123,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $487,000 -2.6% --
06/27/2022 06/27/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $500,000 -- --
Source: Hive MLS

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 $3,007 $462,600 $75,600 $387,000
2024 $4,757 $590,900 $121,400 $469,500
2023 $4,757 $590,900 $121,400 $469,500
2022 $4,662 $590,900 $121,400 $469,500
2021 $4,757 $590,900 $121,400 $469,500
2020 $4,757 $590,900 $121,400 $469,500
2019 $4,225 $590,900 $121,400 $469,500
2018 $4,225 $590,900 $121,400 $469,500
2016 $3,336 $457,000 $121,400 $335,600
2013 $3,225 $457,000 $121,400 $335,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100329738

Hive MLS

APN: 09-3928