NOT LISTED FOR SALE

735 Prosperity Dr Wallace, NC 28466

Estimated Value: $163,000 - $230,000

3 Beds
1.5 Baths
1,330 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $90,000 $68 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,178/month

Highlights

  • No HOA
  • Laundry Room
  • Heat Pump System
  • Screened Patio
  • Central Air
  • 1-Story Property

About This Home

As of July 2024

This all brick 3 BD/1.5 BA home sits on a large corner lot and features an oversized screened porch overlooking the back yard. The interior features laminate flooring and ceiling fans throughout. The spacious living room is a flexible space that could include a formal dining room. The eat-in kitchen has a stainless-steel refrigerator, glass cook top range, double stainless-steel sink and access to the screened porch. The laundry room is just off the kitchen and includes a half bath. The three bedrooms are located down a quiet hallway and are steps away to the full bath with updated vanity and step-in shower with sliding glass door. The attached carport and cement driveway offer ample off-street parking. We are an Equal Housing Opportunity Management Company and abide by the term of the Federal Fair Housing Act. Pets allowed with prior approval and required pet fees. Aggressive breed list may apply. Contact listing agent prior to submitting application. No Smoking, e-cigarettes or vaping. All applicants over 18 years of age are subject to a background check, including criminal, credit, employment verification, and past tenancy.

Last Agent to Rent the Property

Colin O'Connell

Real Property Management Champion License #312564 Listed on: 07/19/2024

Co-Listed By

Debbie Oconnelo

Real Property Management Champion License #237929

Last Renter's Agent

Colin O'Connell

Real Property Management Champion License #312564 Listed on: 07/19/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,927

Year Built

  • Built in 1977

Lot Details

  • 0.43

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Range
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Screened Patio
  • 0.43 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for cable TV, deposit, electricity, lawn maint, sewer, water

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,927

Year Built

Built in 1977

Lot Details

0

Rental Info

  • Owner Pays: None
  • Tenant Pays: Cable TV, Deposit, Electricity, Lawn Maint, Sewer, Water

Listing Details

  • Property Type: Residential Rental
  • Sub Type: Single Family Residence
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1977
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: None
  • Interior Amenities: 1st Floor Master, Smoke Detectors
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick
  • Fencing: None
  • Porch Balcony Deck: Screened
  • Road Type Frontage: Paved

Garage/Parking

  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Range, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Lot Acres: 0.43
  • Lot Sq Ft: 18731.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2018
Closed on
Dec 11, 2018
Sold by
Kornegay Arthur and Kornegay Marjorie M
Bought by
Jacobs Omar K
Seller's Agent
Gloria Green
Coastal ERA
Buyer's Agent
Curt Simpson
Simpson Real Estate Group Inc
List Price
$110,000
Sold Price
$90,000
Premium/Discount to List
-$20,000
-18.18%
Current Estimated Value
$194,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,283
Avg. Annual Appreciation
11.83%
Original Mortgage
$90,909
Outstanding Balance
$80,253
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$114,030

Purchase Details

Closed on
Mar 18, 1990
Bought by
Kornegay Arthur and Wife Marjorie
Source: Public Records

Range of Values:

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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
Jacobs Omar K $90,000 --
Kornegay Arthur $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Omar K $90,909
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/23/2024 07/23/24 Rented $1,100 0.0% --
07/19/2024 07/19/24 For Rent $1,100 +4.8% --
08/01/2022 08/01/22 Rented $1,050 0.0% --
07/15/2022 07/15/22 For Rent $1,050 0.0% --
12/12/2018 12/12/18 Sold $90,000 -18.2% $68 / Sq Ft View Prior Sale
10/27/2018 10/27/18 Pending -- -- --
10/20/2018 10/20/18 For Sale $110,000 -- $83 / 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 $1,927 $173,600 $19,000 $154,600
2024 $1,107 $81,700 $11,800 $69,900
2023 $1,183 $81,700 $11,800 $69,900
2022 $1,085 $81,700 $11,800 $69,900
2021 $1,183 $81,700 $11,800 $69,900
2020 $601 $81,700 $11,800 $69,900
2019 $624 $81,700 $11,800 $69,900
2018 $0 $81,700 $11,800 $69,900
2016 $621 $79,500 $11,800 $67,700
2013 $600 $79,500 $11,800 $67,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100456783

Hive MLS

APN: 09-796