NOT LISTED FOR SALE

703 S Raleigh St Wallace, NC 28466

Estimated Value: $65,000 - $100,000

2 Beds
1 Bath
750 Sq Ft
$112/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2024

Last sale price $87,000 $116 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $540 / mo

3 Days on Market

Highlights

  • Deck
  • Porch
  • 1-Story Property
  • No HOA
  • No Heating

About This Home

As of October 2024

Welcome to this cute cottage in the heart of Wallace! It's framed for 2 bedrooms and 1 bath, and it's had some fresh updates with new siding, windows,new subfloor and a roof—just done this summer! This place is perfect for an investor looking to put their own spin on things. It needs a full interior rehab, so it's a blank slate just waiting for your creativity. Keep in mind, it won't qualify for traditional lending, but rehab loans and cash buyers are totally welcome. Don't miss out on this awesome opportunity to turn this cottage into something special!

Last Agent to Sell the Property

Paula Vargas Beasley

Real Broker, LLC License #323555 Listed on: 10/03/2024

Real Broker, LLC

Last Buyer's Agent

Curt Simpson

Simpson Real Estate Group Inc License #166612

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $322

Year Built

  • Built in 1951

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts a state road

Parking

  • Unpaved Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • No Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 092553

Home Details

Home Type

Single Family

Est. Annual Taxes

$322

Year Built

Built in 1951

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 1951
  • Property Sub Type: Single Family Residence
  • Original List Price: 90000.00
  • Unit Levels: One
  • Living Area: 750.00
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 120.00
  • Special Features: None

Interior Features

  • Dining Room Type: No Kitchen; No Dining Room
  • Interior Amenities: None
  • Master Bedroom Level: Primary Living Area
  • Stories: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Has Fireplace?: No
  • Total Bedrooms: 5
  • Room Types: No Kitchen, No Dining Room
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 1.00
  • Living Area Range: 600 - 799

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Roof: Shingle
  • Road Frontage Type: City Street, State Road
  • Waterfront?: No
  • Foundation Details: Crawl Space
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Gravel, Unpaved

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: None
  • Water Source: Public
  • Cooling: None
  • Has Cooling?: No
  • Heating: None
  • Heating Yn: No
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Has H O A?: No

Schools

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

Lot Info

  • Deed Book: 2045
  • Deed Page: 991.00
  • Lot Number: 11
  • Zoning: Residential
  • Lot Size Acres: 0.16
  • Lot Size: Irregular
  • Lot Size Sq Ft: 6970.00
  • Purchase Contract Date: 2024-10-06
  • Parcel#: 092553
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2022
  • Tax Book Number: NA
  • Tax Lot: 11
  • Tax Map Number: NA
  • Tax Other Assessment Amount Frequency: None
  • Tax Amount: 322.49

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Oct 14, 2024
Sold by
Bought by
Seller's Agent
Paula Vargas Beasley
Real Broker, LLC
Buyer's Agent
Curt Simpson
Simpson Real Estate Group Inc
List Price
$90,000
Sold Price
$87,000
Premium/Discount to List
-$3,000
-3.33%
Views
10
Current Estimated Value
$89,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,457
Avg. Annual Appreciation
-2.01%
Original Mortgage
$135,000
Interest Rate
0.0635%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 12, 2023
Closed on
Jan 18, 2024
Sold by
Bought by
Seller's Agent
Valerie Johnson
Johnson Realty
Buyer's Agent
Paula Beasley
eXp Realty
List Price
$68,000
Sold Price
$60,000
Premium/Discount to List
-$8,000
-11.76%
Views
253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.22%

Purchase Details

Closed on
Nov 13, 1995
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$87,000 None Listed On Document
$60,000 None Listed On Document
$20,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $123,000
Closed $135,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2024 10/15/24 Sold $87,000 -3.3% $116 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $90,000 +50.0% $120 / Sq Ft
01/18/2024 01/18/24 Sold $60,000 -11.8% $80 / Sq Ft View Prior Sale
12/31/2023 12/31/23 Pending -- -- --
12/12/2023 12/12/23 For Sale $68,000 -- $91 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $682 $61,400 $12,200 $49,200
2024 $322 $23,800 $7,700 $16,100
2023 $448 $23,800 $7,700 $16,100
2022 $316 $23,800 $7,700 $16,100
2021 $441 $23,800 $7,700 $16,100
2020 $175 $23,800 $7,700 $16,100
2019 $434 $23,800 $7,700 $16,100
2018 $0 $23,800 $7,700 $16,100
2016 $158 $21,700 $7,700 $14,000
2013 $859 $21,700 $7,700 $14,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100469200

Hive MLS

APN: 09-2553

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