NOT LISTED FOR SALE

7422 S Nc 41 Hwy Wallace, NC 28466

Estimated Value: $196,000 - $261,000

3 Beds
2 Baths
1,200-1,399 Sq Ft
$161/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $160,000 $119 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,202/month

6 Days on Market

Highlights

  • 1.35 Acre Lot
  • Covered Patio or Porch
  • Combination Dining and Living Room
  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of October 2022

Great property for investors or first time home buyers. This well maintained home is conveniently located in the small town of Wallace. Sitting on over 1 acre, there's plenty of space for entertaining or just enjoying nature. Minutes from downtown and shopping. Don't miss out on this great opportunity! Home is being sold as is.

Last Agent to Sell the Property

Keonna Newton

Fathom Realty NC LLC License #327085 Listed on: 09/24/2022

Fathom Realty NC LLC

Last Buyer's Agent

Sally Seller

Non Member Office

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1995

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 101x535x517x118
  • Property fronts a state road

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,200-1,399 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Laminate Flooring
  • Crawl Space
  • Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Driveway Spaces
  • On-Site Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9680259

Home Details

Home Type

Single Family

Year Built

Built in 1995

Lot Details

1.35 Acres

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 1995
  • Property Sub Type: Single Family Residence
  • Appliances: Electric Oven, Refrigerator
  • Original List Price: 165000.00
  • Unit Levels: One
  • Living Area: 1344.00
  • Is New Construction?: No
  • Type Type: 3 Bedroom
  • 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: 122.77
  • Special Features: None

Interior Features

  • Dining Room Type: Combination
  • Flooring: Laminate
  • Interior Amenities: None
  • Master Bedroom Level: Primary Living Area
  • Stories: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Has Fireplace?: No
  • Total Bedrooms: 6
  • Room Types: Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 2.00
  • Living Area Range: 1200 - 1399

Exterior Features

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

Garage/Parking

  • Has Attached Garage?: No
  • Open Parking Spaces: 2
  • Parking Features: On Site
  • Driveway Spaces: 2

Utilities

  • Utilities: Water Connected
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Sewer Provider: Septic Tank

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Lot Info

  • Deed Book: 1817
  • Deed Page: 335.00
  • Zoning: residential
  • Lot Size Acres: 1.35
  • Lot Size: 101x535x517x118
  • Lot Size Sq Ft: 58806.00
  • Purchase Contract Date: 2022-09-30
  • Parcel#: 9680259
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2021
  • Tax Book Number: 0
  • Tax Map Number: 0
  • Tax Other Assessment Amount Frequency: None Known

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2022
Closed on
Oct 27, 2022
Sold by
Williams Patrick M and Williams Valerie
Bought by
Lovett Brandon
Seller's Agent
Keonna Newton
Fathom Realty NC LLC
Buyer's Agent
Sally Seller
Non Member Office
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Views
28
Current Estimated Value
$216,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,451
Avg. Annual Appreciation
9.56%
Original Mortgage
$162,000
Outstanding Balance
$154,235
Interest Rate
4.65%
Mortgage Type
New Conventional
Estimated Equity
$62,216

Purchase Details

Closed on
Jan 20, 2016
Sold by
Williams Johnny H and Williams Patrick M
Bought by
Williams Patrick M

Purchase Details

Closed on
Nov 30, 1994
Bought by
Williams Johnny H
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
Lovett Brandon $160,000 --
Williams Patrick M -- Attorney
Williams Johnny H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovett Brandon $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2022 10/27/22 Sold $160,000 -3.0% $119 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/24/2022 09/24/22 For Sale $165,000 +3.1% $123 / Sq Ft
08/10/2022 08/10/22 Off Market $160,000 -- --
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 $1,084 $167,700 $25,300 $142,400
2024 $708 $81,300 $17,000 $64,300
2023 $629 $81,300 $17,000 $64,300
2022 $694 $81,300 $17,000 $64,300
2021 $629 $81,300 $17,000 $64,300
2020 $688 $81,300 $17,000 $64,300
2019 $887 $81,300 $17,000 $64,300
2018 $0 $81,300 $17,000 $64,300
2016 $649 $76,600 $14,800 $61,800
2013 $629 $76,600 $14,800 $61,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100343718

Hive MLS

APN: 10-1146

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