StatusAccepting Backup Offers (Pending with Showings)
About 121 Lura Ln
Hunter's Paradise! Ready to own your perfect get away...this could be it! Easy access of I-40 and 2.2 miles past River Landing are woods filled with deer, bear, and turkey! Family-owned land for over 100 years this tract offers all of the things you want! Two parcels, one with road frontage, septic, and municipal water coupled with multi-use 152+/- acre tract. Larger tract has approximately 34 acres cleared and currently farmed, timber with large pines, Northeast Cape Fear River frontage of over 800 feet and wetlands. Build your ''cabin in the woods'' on the high bluff overlooking the Northeast Cape Fear River. Sellers have never had property surveyed so all acreages and distance are from deeds. Property is subject to current land lease and tenant will remain until harvest is finished for 2024. Property has been leased in the past for hunting rights. Wetlands area has been flooded due to beavers in the past so easily you could add a pond to the site. Property is in an AE flood zone.
Property Details
Property Features
Listing Office:
Office Name: Intracoastal Realty Corp
Exterior Features
Exterior Information:
Waterfront: None
Lot Features
Lot Information:
Lot: Farm, Wooded, Wetlands
Lot Size: 154.09 Acres
Other
Directions Information:
Directions: Interstate 40 North towards Wallace, NC. Exit 385 to stop sign. Right onto HWY 41 2.2 miles...property will be on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $499,000
Tax Information:
Annual Amount: $358
Tax Year: 2019
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Wallace, NC.
This property is $185.2K more than the Median Sold Price in Wallace, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #100453202
Listing Office:
Office Name: Intracoastal Realty Corp
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 10:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
-
$43,100
2019
$358
$1,400
2018
$338
$44,500
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,558
Per Month
Principal & Interest
$2,491
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,563
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
C.F. Pope Elementary School
400 N Wright St
Distance between this listing and this school14.96 miles
Public District Grades PK-5
5
/10
Malpass Corner Elementary School
4992 Malpass Corner Rd
Distance between this listing and this school20.07 miles
Public District Grades PK-5
3
/10
Union Intermediate School
1190 Edmond Matthis Rd
Distance between this listing and this school21.28 miles
Public District Grades 3-5
Nearby Schools
4
/10
Wallace Elementary School
4266 NC 11 S
Distance between this listing and this school4.31 miles
Public District Grades PK-8
7
/10
Chinquapin Elementary School
3894 S NC 50 Hwy
Distance between this listing and this school7.03 miles
Public District Grades PK-8
2
/10
Rose Hill-Magnolia Elementary School
1329 Brooks Quinn Rd
Distance between this listing and this school7.94 miles
Public District Grades PK-8
Nearby Schools
2
/10
Wallace-Rose Hill High School
602 High School Rd
Distance between this listing and this school4.55 miles
Public District Grades 9-12
8
/10
Duplin Early College High School
212 James Sprunt Dr
Distance between this listing and this school12.47 miles
Public District Grades 9-12
3
/10
East Duplin High School
394 North NC Highway 111
Distance between this listing and this school13.90 miles
The neighbors living near this home have an average income of $44,808. Typical income of Wallace, NC residents is between $35k-100k annually. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 121 Lura Ln
What is the listing price of this property?
The listing price of 121 Lura Ln property is $499,000.
What type of property is this?
The property 121 Lura Ln is land located in Wallace, North Carolina, 28466.
Is this property for sale now?
Accepting Backup Offers: 121 Lura Ln is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $358 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 121 Lura Ln in Wallace, NC and zip code 28466. This home sits on a 154.09 acre lot. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $499,000.
While more than 0 listings in Wallace, NC in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 4 were sold below. Between October 2024 and November 2024, Wallace, NC real estate market has seen increase in the number of listings by 5.7%. In November 2024 median list price was $313,750 and the average listing age was 85 days.
From Rocket Homes Real Estate and based on county public records data.