tomo logo

$389,000

Beds
4
Baths
2.5
sq ft
2,612

1555 North Norwood Street, Wallace, NC 28466

1555 North Norwood Street

Wallace, NC 28466

  • 460 days on market
    • Price drop $10,000↓
Back on Market at no fault of the sellers!! Well maintained & Spacious brick ranch home situated on 2.88 acres of land. Close to town but No Town Taxes! This property has a circular driveway that greets you with beautiful magnolias and a pear tree which make a great landscape. Zoned Highway Business, but grandfathered in as residential use. Per the Town of Wallace zoning, Buyer can have a small business at this property. This home features a well lit open floor plan designed for entertaining. The living area has many perks including built in bookshelves, a wood burning fireplace and a built in surround sound system.There are many updates including LVP flooring in the living areas, tile flooring in the kitchen, pristine granite countertops, stainless steel appliances & a reverse osmosis water system. Turn on the music with the surround sound and enjoy your morning coffee on the back patio in the privacy of your partially fenced in back yard. Spacious master suite with two walk-in closets. An elegant master bath will invite you in with a jacuzzi and a walk-in tile shower. Property boasts a detached garage/workshop. This space would make a great man cave or in law quarters if buyer desires. This property is conveniently located only minutes from I-40, 45 mins to downtown Wilmington and the eastern NC coast. This property is located in the ETJ of Wallace. Architectural roof installed in 2020, HVAC/duct work updated in 2018. Per current seller the original part of the home was the master suite area: Heated Sq Ft: 1060 +/- sq ft includes an office, sitting room, 2 closets, master bedroom and master bath Additional sq footage: 1551 +/- sq ft including kitchen/formal living areas, family room, and 3 bedrooms and 1.5 bath.

Details

Property type

Single Family Residence

Est. home value

$417,760

Lot size

2.88 acres

Price per sq ft

$149

Year built

1954

Annual property taxes

$1,457.3

Price History

12/19/2024
NorthCarolinaRegional

NorthCarolinaRegional #100405615

Listed
$389,000
12/19/2024
NorthCarolinaRegional

NorthCarolinaRegional #100405615

Removed
$389,000
10/26/2024
NorthCarolinaRegional

NorthCarolinaRegional #100405615

Listed
$389,000

Schools & Community

Elementary school: 

Wallace

Middle school: 

Wallace

High school: 

Wallace-Rose Hill

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$263,993
Asking price
$389,000
Closing costs (~8% of asking)
-$31,120
Est. remaining loan balance
-$93,887
Cash to seller
$263,993

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

July 2020

Original loan amount

$126,000

Est. remaining balance

$93,887

Interest rate

2.62%

Loan type

New Conventional, 15 year

Seller

David Carey Bradshaw and Kayla Bradshaw

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
NorthCarolinaRegional
$365,000
4 bd
|
3 ba
|
2,531 sq ft
|
House

562 Pasture Branch Road, Rose Hill, NC 28458

NorthCarolinaRegional
$408,400
4 bd
|
3 ba
|
2,140 sq ft
|
House

163 Cherry Laurel Drive, Wallace, NC 28466

NorthCarolinaRegional
$406,900
4 bd
|
3 ba
|
2,140 sq ft
|
House

126 Firethorn Circle, Wallace, NC 28466

Status: Active

Tomo last checked: 12/22/2024 at 3:35 PM

Listing updated: 12/19/2024 at 7:52 AM

Listed by: Trista K Jones, Berkshire Hathaway HomeServices Carolina Premier Properties Phone #: (910) 270-3606

MLS: NorthCarolinaRegional #100405615

NorthCarolinaRegional logo

Recently listed in Wallace