10 months on rocket

174 Southern Magnolia Ln, Wallace, NC, 28466

$688,000

Home List Price

$8,170*

Closing Credit

5 Bedrooms
4 Full Baths
4,003 SqFt
$172/SqFt
House

Location

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174 Southern Magnolia Ln, Wallace$688,000

Buyer Closing Credits

$8,170*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAggregate, On Site, Garage Door Opener, Garage Faces Side, Concrete, Attached
Attached Garage2 spaces
Year Built2005
HeatingFireplace(s), Zoned, Heat Pump, Gas Pack
CoolingCentral Air, Zoned
Fireplace1
MLS #100421376
Lot Size0.45 Acres
StatusActive

About 174 Southern Magnolia Ln

Nestled in the gated golf community of River Landing, this Southern living gem rests at the end of a serene cul-de-sac, steps from a shaded community path. Meticulously designed with master craftsmanship, the residence showcases exquisite custom trim work, including crown molding, picture frame wainscoting, transom windows, and stunning hardwood floors. Designed for flexibility, the home features three main-floor bedrooms offering versatility as potential home offices, a formal dining and living area, a spacious kitchen, and an accessible laundry room. The second story houses two bedrooms, extra storage, a large bathroom, a bonus room, and a common den area with built-ins and a convenient wet bar. A welcoming large front porch introduces the foyer, revealing the formal dining room, a front office (bedroom), a private ensuite, a large closet, and a living room with a natural gas fireplace and additional built-in shelving for a touch of warmth. The sizable primary bedroom features a spacious walk-in closet with custom wood shelving, a linen closet, abundant natural light from several large windows, and access to the sunroom. The ensuite bath boasts double sinks, a jacuzzi tub, a walk-in tiled shower, and a water closet. All closets throughout the home have custom built-in wooden shelving, reflecting the meticulous detail and craftsmanship put into this residence. The kitchen is a culinary delight with a natural gas cooktop, built-in microwave, wall oven, stylish tile backsplash, pantry, and island seating, complemented by a cozy dinette and conversation area. French doors in the living room lead to the expansive Carolina sunroom, designed for year-round indoor/outdoor enjoyment. Fresh paint and new carpet highlight this impeccably maintained home, marked by its abundant, flexible space, prime location, and versatility. River Landing offers residents an array of amenities, and options for additional memberships.

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 2
  • Living Area: 4,003 SqFt

Listing Office:

  • Office Name: Keller Williams Innovate-Wilmington

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Dishwasher, Oven, Range Hood, Refrigerator, Microwave, Ice Maker, Disposal
  • Flooring Type: Carpet, Wood, Tile
  • Interior: 1st Floor Master, Smoke Detectors, Wet Bar, Walk-In Closet, Walk-in Shower, Solid Surface, Pantry, Foyer, Mud Room, Kitchen Island, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Bookcases, Blinds/Shades, 9Ft+ Ceilings
  • Fireplace: 1

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Irrigation System

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Aggregate, On Site, Garage Door Opener, Garage Faces Side, Concrete, Attached

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Wooded, Interior Lot
  • Lot Size: 0.45 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s), Zoned, Heat Pump, Gas Pack
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: Take I-40 to exit 385 (route 41) head North to The River Landing Main Gate and turn Right. Follow Paddlewheel drive to Magnolia Bay and turn right. Turn right on Southern Magnolia Ln. and house is the last house in the circle.

Price Information

Listing Price Info

Price Summary:

  • List Price: $688,000
  • Price Per SqFt: $172/SqFt

Tax Information:

  • Annual Amount: $3,004
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Wallace, NC.

Med. Sold Price

$310K

Med. Price/SqFt

$161

Avg. Days On Market

59

# of Sold Homes

8

174 Southern Magnolia Ln vs Wallace

316 DAYS ON ROCKET

+257 Days

$688,000

+$378K More

$172/SqFt

+$11 More

KEY TAKEAWAY

This property is $378K more than the Median Sold Price and $11/SqFt more than other homes in Wallace, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100421376

Listing Office:

  • Office Name: Keller Williams Innovate-Wilmington

IDX 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: 11/21/2024, 8:20:52 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

YEARPROP. TAXASSESSMENT
2021$3,004$363,500
2019$2,992$363,500
2018$2,826$363,500

History based on county public records data.

Payment Calculator

$3,501

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,129

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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.

Nearby Schools

school-card-donut-239607
5
/10
  • C.F. Pope Elementary School

  • 400 N Wright St

  • 13.93 miles

  • Public District Grades PK-5

school-card-donut-239608
5
/10
  • Malpass Corner Elementary School

  • 4992 Malpass Corner Rd

  • 18.67 miles

  • Public District Grades PK-5

school-card-donut-239609
3
/10
  • Union Intermediate School

  • 1190 Edmond Matthis Rd

  • 20.49 miles

  • Public District Grades 3-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,808. Residents of Wallace, NC typically earn between $35k-100k each year. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 174 Southern Magnolia Ln

What is the listing price of this property?

The listing price of 174 Southern Magnolia Ln property is $688,000.

What type of property is this?

The property 174 Southern Magnolia Ln is a house located in Wallace, North Carolina, 28466.

Is this property for sale now?

Active Listing: 174 Southern Magnolia Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,004 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 174 Southern Magnolia Ln has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 174 Southern Magnolia Ln is 4,003 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 174 Southern Magnolia Ln is 2005.

Rocket Homes›North Carolina›Duplin County›Wallace›28466›174 Southern Magnolia Ln

This home is located at 174 Southern Magnolia Ln in Wallace, NC and zip code 28466. This 4,003 square foot home, which was built in 2005, sits on a 0.45 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 10, 2024 and is currently priced at $688,000.

While more than 0 listings in Wallace, NC in October 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. Between September 2024 and October 2024, Wallace, NC real estate market has seen decrease in the number of listings by 6.4%. While the average time on the market in October 2024 was 59 days, the median list price was $310,000.

From Rocket Homes Real Estate and based on county public records data.

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