NOT LISTED FOR SALE

538 River Rd Wallace, NC 28466

Estimated Value: $437,000 - $538,952

3 Beds
3.5 Baths
3,900 Sq Ft
$123/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2025

Last sale price $449,000 $115 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,774 / mo

109 Days on Market

Highlights

  • 1.55 Acre Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Vaulted Ceiling
  • 1 Fireplace
  • Covered Patio or Porch

About This Home

As of January 2025

Welcome to luxurious country living in Duplin County. Built in 2008 this one owner custom home has everything your heart desires in modern country living. Step inside this meticulously designed 3900+/- sq. ft. 2 story brick home and you will fall in love! The 27x22 living room is simply stunning with its custom stone fireplace and vaulted ceiling. Just off the family room a 17x14 formal dining room is ready for hosting your family this holiday season. The dining room leads to a stunning chef's kitchen boasting a large island, 2 sinks, stainless appliances, wall oven and a large walk in pantry. The granite counters, and custom cabinetry are lovely neutral colors with a brick veneered accent wall finishing off the decor. A large laundry room sit just off the kitchen and is perfectly placed for doing laundry chores while prepping dinner for the week. For those who love the outdoors, enjoy alfresco dining outside your back door on your covered rear porch or sun on the patio area complete with fire pit. Your family will enjoy weekend roasts of smores and hotdogs. This home's floor plan is suited for larger families featuring 3 bedrooms and 2.5 baths on the lower level. For more space, go upstairs and enjoy a 16x13 home office, an additional 4th bonus room and a loft overlooking the den area. The loft is presently being utilized as a great game room but would make a great art studio or display room for avid hunters. Should buyers opt to use this home as a 4 or 5 bedroom home septic additions or revisions may be required by the county. Buyer's please see septic permit on file reflecting home is permitted for 3BR use . Side facing two car carport, large parking pad easy access to Wallace Elementary School are great amenities you will enjoy. This home is served by Duplin Co water. Less than 10 minutes from I-40. No previous flood issues. Buyers please see new survey plot drawn Aug 6, 2024 as seller is conveying a 1.55+/- ac of larger tract. Swing set does not convey.

Last Agent to Sell the Property

Valerie Johnson

Johnson Realty License #241499 Listed on: 08/09/2024

Last Buyer's Agent

Terry Milam

Berkshire Hathaway HomeServices Carolina Premier Properties License #65749

Berkshire Hathaway HomeServices Carolina Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 2008

Lot Details

  • 1.55 Acre Lot
  • Property is zoned Duplin County

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,900 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Formal Dining Room
  • Crawl Space
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 093929

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,866

Year Built

Built in 2008

Lot Details

1.55 Acres

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • List Priceper Sq Ft: 115.13
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 1865.71
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Walk-In Closet, Kitchen Island, Pantry, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades, 9Ft+ Ceilings
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Sq Ft Heated: 3900.00
  • Stories: 2.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 3900.00

Exterior Features

  • Exterior Finish: Brick Veneer, See Remarks
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Patio, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Off Street, See Remarks

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heated Sq Ft: 3500 - 3999
  • Heating System: Forced Air
  • Utilities: Municipal Water, Septic On Site
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: No

Schools

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

Lot Info

  • Cobra Zone: No
  • Deed Page: 94.00
  • Lot Acres: 1.55
  • Lot Dimensions: see new plat in photos completed 8/6/2024
  • Lot Sq Ft: 67518.00
  • Zoning: Duplin County

Tax Info

  • Tax Identifier: 093929
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Jan 27, 2025
Sold by
Raynor Durward Allen
Bought by
Jenkins Matthew A and Jenkins June Allison
Seller's Agent
Valerie Johnson
Johnson Realty
Buyer's Agent
Terry Milam
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$589,000
Sold Price
$449,000
Premium/Discount to List
-$140,000
-23.77%
Views
79
Current Estimated Value
$478,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,488
Avg. Annual Appreciation
5.35%
Original Mortgage
$359,200
Outstanding Balance
$356,985
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$121,503

Purchase Details

Closed on
Dec 17, 2002
Bought by
Raynor Durward Allen

Purchase Details

Closed on
Jan 13, 1970
Sold by
Miller Herbert E and Miller Eleanor C
Bought by
Wells Mozell F and Wells James Franklin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jenkins Matthew A $449,000 None Listed On Document
Raynor Durward Allen -- --
Wells Mozell F $500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Matthew A $359,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2025 01/30/25 Sold $449,000 0.0% $115 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
11/18/2024 11/18/24 Price Changed $449,000 -10.0% $115 / Sq Ft
10/09/2024 10/09/24 Price Changed $499,000 -9.1% $128 / Sq Ft
09/07/2024 09/07/24 Price Changed $549,000 -6.8% $141 / Sq Ft
08/09/2024 08/09/24 For Sale $589,000 -- $151 / Sq Ft
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 $3,058 $453,600 $24,200 $429,400
2024 $1,866 $218,100 $17,500 $200,600
2023 $2,092 $218,100 $17,500 $200,600
2022 $1,828 $218,100 $17,500 $200,600
2021 $2,072 $218,100 $17,500 $200,600
2020 $1,846 $218,100 $17,500 $200,600
2019 $1,832 $218,100 $17,500 $200,600
2018 $1,850 $218,100 $17,500 $200,600
2016 $1,820 $205,800 $14,900 $190,900
2013 $3,712 $205,800 $14,900 $190,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100460169

Hive MLS

APN: 09-3929

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