317 E Cavenaugh St Wallace, NC 28466
Estimated payment $1,878/month
Highlights
- Main Floor Primary Bedroom
- No HOA
- Formal Dining Room
- 1 Fireplace
- Covered patio or porch
- Circular Driveway
About This Home
Presented for sale is this very nice updated 3500 sqft brick home or potential three unit rental property (3 br unit, 2 br unit, 1 br studio apartment) in the heart of the Town of Wallace NC! Home is move in ready, but needs some finishing touches which is reflected in recent price reduction. This perfect combination of classic charm and preserved character with plenty of modern updates is sure to impress! This home features over 3500 SqFt of living space including a mother-in-law suite/apartment with a private entrance and enclosed brick patio. This home is perfect for multigenerational living or it could be a phenomenal investment opportunity with huge rental income potential, giving buyers unlimited flexibility and options. Recent updates include a stunning new kitchen with white shaker cabinets, granite countertops and stainless steel appliances, beautiful bathrooms with tiled showers/floors and high-end vanities, low maintenance LVP flooring throughout the home, and an encapsulated crawl space with dehumidifier. The location is unmatched just blocks away from shopping, groceries, public services (Police/Fire Department) and restaurants and a couple of miles from I-40. If you are commuting to Wilmington or Clinton this home is only a quick 30 minute drive from both cities. The property is located in Zone X with no history of flooding. Owner finance options available! Home Recently appraised well over current asking price. This home is truly unique and offers tremendous value and possibilities to buyers. Call today to set up your private tour!
Listing Agent
Berkshire Hathaway HomeServices Carolina Premier Properties License #324474
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,453
Year Built
- Built in 1946
Lot Details
- 0.48 Acre Lot
- Lot Dimensions are 99x210x98x209
Home Design
- Brick Exterior Construction
- Wood Frame Construction
- Shingle Roof
- Stick Built Home
Interior Spaces
- 3,531 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Formal Dining Room
- Crawl Space
Flooring
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- In-Law or Guest Suite
- 4 Full Bathrooms
Parking
- Circular Driveway
- Paved Parking
- Off-Street Parking
Schools
- Wallace Elementary And Middle School
- Wallace-Rose Hill High School
Additional Features
- Covered patio or porch
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 09-3955
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,453 | $181,000 | $17,300 | $163,700 |
| 2023 | $2,404 | $181,000 | $17,300 | $163,700 |
| 2022 | $2,404 | $181,000 | $17,300 | $163,700 |
| 2021 | $2,320 | $181,000 | $17,300 | $163,700 |
| 2020 | $1,330 | $181,000 | $17,300 | $163,700 |
| 2019 | $1,294 | $181,000 | $17,300 | $163,700 |
| 2018 | $1,294 | $181,000 | $17,300 | $163,700 |
| 2016 | $1,296 | $177,500 | $17,300 | $160,200 |
| 2013 | $1,252 | $177,500 | $17,300 | $160,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2025 01/30/25 | Price Changed | $299,900 | -6.0% | $85 / Sq Ft |
| 01/09/2025 01/09/25 | Price Changed | $319,000 | 0.0% | $90 / Sq Ft |
| 01/09/2025 01/09/25 | For Sale | $319,000 | -8.6% | $90 / Sq Ft |
| 12/21/2024 12/21/24 | Pending | -- | -- | -- |
| 11/30/2024 11/30/24 | Price Changed | $349,000 | -5.4% | $99 / Sq Ft |
| 11/19/2024 11/19/24 | Price Changed | $369,000 | -2.6% | $105 / Sq Ft |
| 10/31/2024 10/31/24 | Price Changed | $379,000 | -2.6% | $107 / Sq Ft |
| 10/18/2024 10/18/24 | Price Changed | $389,000 | -2.5% | $110 / Sq Ft |
| 10/04/2024 10/04/24 | For Sale | $399,000 | -- | $113 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $105,000 | None Listed On Document | |
| Deed | -- | None Avelable | |
| Warranty Deed | $69,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $144,700 | New Conventional | |
| Previous Owner | $161,910 | New Conventional |
Source: Hive MLS
MLS Number: 100469492
APN: 09-3955
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