tomo logo

$688,000

Beds
5
Baths
4.0
sq ft
4,003

174 Southern Magnolia Lane, Wallace, NC 28466

174 Southern Magnolia Lane

Wallace, NC 28466

  • 298 days on market
    • Price drop $6,500↓
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.

Details

Property type

Single Family Residence

Est. home value

$714,281

Lot size

0.45 acres

Price per sq ft

$172

Year built

2005

HOA fee

$2,006

Price History

10/03/2024
NorthCarolinaRegional

NorthCarolinaRegional #100421376

Price change
$688,000
-0.94%
08/01/2024
NorthCarolinaRegional

NorthCarolinaRegional #100421376

Price change
$694,500
-0.77%
06/11/2024
NorthCarolinaRegional

NorthCarolinaRegional #100421376

Listed
$699,900

Schools & Community

Elementary school: 

Wallace

Middle school: 

Wallace

High school: 

Wallace-Rose Hill

Seller’s Loan History

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

Lender

Cooperative Bank

Loan start date

August 2005

Original loan amount

$180,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

Credit Line (Revolving)

Seller

Donald James Senerius and Gianna Patricia Senerius

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?

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Status: Active

Tomo last checked: 11/03/2024 at 8:20 AM

Listing updated: 10/11/2024 at 10:06 PM

Listed by: Nancy Laslo, Keller Williams Innovate-Wilmington Phone #: (910) 777-2200

MLS: NorthCarolinaRegional #100421376

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