NOT LISTED FOR SALE

7422 S Nc 41 Hwy Wallace, NC 28466

Estimated Value: $185,000 - $284,000

3 Beds
2 Baths
1,344 Sq Ft
$158/Sq Ft Est. Value

Last Sold October 27, 2022

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

Est. 33% increase in value since last sale

Current estimated payment $1,251/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 Listed on: 08/10/2022

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $708

Year Built

  • Built in 1995

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 101x535x517x118

Parking

  • 2 Parking Spaces

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Laminate Flooring
  • Crawl Space
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 9680259

Home Details

Home Type

Single Family

Est. Annual Taxes

$708

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: None
  • List Price per Sq Ft: 122.77
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 1344.00
  • Total Heated Primary Separate Sq Ft: 1344.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Septic On Site, Water Connected
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Condo/Co-op/Association

  • Unit Type: 3 Bedroom

Lot Info

  • Deed Book: 1817
  • Deed Page: 335.00
  • Lot Acres: 1.35
  • Lot Dimensions: 101x535x517x118
  • Lot Sq Ft: 1344.00
  • Special Assessments: None Known
  • Zoning: residential

Tax Info

  • Tax Identifier: 9680259
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 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
A Non Member
A Non Member
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Total Days on Market
6
Views
28
Current Estimated Value
$212,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,896
Avg. Annual Appreciation
9.81%
Original Mortgage
$162,000
Outstanding Balance
$155,642
Interest Rate
4.65%
Mortgage Type
New Conventional
Estimated Equity
$48,235

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

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Range of Values:

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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 Change Sq Ft Price
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 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
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