NOT LISTED FOR SALE

550 Lighthouse Rd Wallace, NC 28466

Estimated Value: $312,000 - $400,000

3 Beds
2 Baths
2,320 Sq Ft
$156/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $350,000 $151 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,099/month

21 Days on Market

Highlights

  • 1.34 Acre Lot
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • No HOA
  • Workshop
  • 2 Car Detached Garage

About This Home

As of August 2024

Welcome Home to this beauty nestled on 1.34 acres in a peaceful country setting of Wallace, Duplin County. Immaculate and well maintained! This home features a well lit and open floor plan with lots of natural lighting. The kitchen boasts wooden cabinets with a great bar to pull up your barstools & have some brunch. The family room has wooden shelving to showcase your loved ones & gives you all the farmhouse vibes. Spacious master bedroom suite with a walk in tiled shower & walk in closet space. If you work from home, there is a home office awaiting you! Place your desk by the window and look out over this lovely front lawn that is a great distance from the road. You can sit on your back screened in porch and enjoy the country views and wildlife as you sip on your morning coffee. There is also a rocking chair covered front porch to enjoy those hot sunny Carolina days!The gravel driveway will lead you to the detached building that is wired and would make the perfect workshop or garage. Great place to store all of your yard tools!The school district is Chinquapin Elementary and East Duplin High School. This home will not last long, Schedule your showing today! You will not want to miss!

Last Agent to Sell the Property

Trista Jones

Berkshire Hathaway HomeServices Carolina Premier Properties License #217339 Listed on: 06/07/2024

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Adam Manuel Laurio

RE/MAX Executive License #335402

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • 1.34 Acre Lot
  • Property is zoned RA

Home Design

  • Brick Foundation
  • Steel Frame
  • Architectural Shingle Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 2,320 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Workshop
  • Crawl Space

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • 2 Car Detached Garage
  • 1 Detached Carport Space
  • Gravel Driveway

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Chinquapin Elementary And Middle School
  • East Duplin High School

Utilities

  • Forced Air Heating System
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 082093 1

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Built-In Microwave, Dishwasher, Refrigerator, Electric Oven
  • List Priceper Sq Ft: 161.21
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: No
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Blinds/Shades, Walk-in Shower, Workshop, Walk-In Closet(s), Entrance Foyer, Master Downstairs
  • Laundry Location: Laundry Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 2320.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 2320.00

Exterior Features

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

Garage/Parking

  • Detached Carport Spaces: 1.00
  • Detached Garage Spaces: 2.00
  • Total Carport Spaces: 1.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Detached, Gravel

Utilities

  • Cooling System: Central Air, Heat Pump
  • Heated Sq Ft: 2200 - 2399
  • Heating System: Forced Air, Heat Pump
  • Service Providers Water Provider: County
  • Utilities: Water Available
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: No

Schools

  • Elementary School: Chinquapin
  • High School: East Duplin
  • Middle School: Chinquapin

Lot Info

  • Cobra Zone: No
  • Deed Page: 572.00
  • Lot Acres: 1.34
  • Lot Dimensions: irregular
  • Lot Sq Ft: 58370.00
  • Zoning: RA

Tax Info

  • Tax Identifier: 082093 1
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Aug 9, 2024
Sold by
Ray Johnson Zackary and Padgett Katie
Bought by
Burke Edmund and Burke Sherrianne
Seller's Agent
Trista Jones
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Adam Manuel Laurio
RE/MAX Executive
List Price
$374,000
Sold Price
$350,000
Premium/Discount to List
-$24,000
-6.42%
Views
37
Current Estimated Value
$361,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,977
Avg. Annual Appreciation
2.38%
Original Mortgage
$332,500
Outstanding Balance
$328,752
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$33,225

Purchase Details

Closed on
Dec 5, 2016
Sold by
Vanderbilt Mortgage And Finance Inc
Bought by
Johnson Zackary Ray and Johnson Katie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,880
Interest Rate
3.57%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 2014
Sold by
Casteen James W
Bought by
Casteen Rebecca Brooke

Purchase Details

Closed on
Sep 6, 2011
Sold by
Casteen James Walter
Bought by
Casteen Rebecca Brooke
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 Buyer Sale Price Title Company
Burke Edmund $350,000 None Listed On Document
Johnson Zackary Ray $117,000 None Available
Casteen Rebecca Brooke $13,000 None Available
Casteen Rebecca Brooke -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Edmund $332,500
Previous Owner Johnson Zackary Ray $114,880
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2024 08/21/24 Sold $350,000 -6.4% $151 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $374,000 0.0% $161 / Sq Ft
06/28/2024 06/28/24 For Sale $374,000 0.0% $161 / Sq Ft
06/07/2024 06/07/24 For Sale $374,000 -- $161 / 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 $2,135 $349,100 $25,300 $323,800
2024 $1,492 $188,000 $15,500 $172,500
2023 $1,500 $188,000 $15,500 $172,500
2022 $1,462 $188,000 $15,500 $172,500
2021 $1,482 $188,000 $15,500 $172,500
2020 $1,472 $188,000 $15,500 $172,500
2019 $495 $56,700 $15,500 $41,200
2018 $691 $84,100 $15,500 $68,600
2016 $716 $85,800 $13,500 $72,300
2013 $605 $85,800 $13,500 $72,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100449474

Hive MLS

APN: 08-2093-1