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For sale
  • $374,900

    518 Forest Lane, Wallace, NC 28466

    4beds
    2,774sqft
    : 
    $2,268/mo
    Get pre-qualified
    Single Family Residence
    Built in 1989
    0.43 Acres Lot
    $369,900 Zestimate®
    $135/sqft
    $-- HOA

    What's special

    This stately brick veneer home sits on a corner lot in the town of Wallace, NC. Step inside the inviting foyer and you will see yourself living here for years to come. To your right, the formal living room is perfect for entertaining lots of family and neighbors this holiday season. The living room flows to a formal DR which flows into the kitchen creating that wonderful traffic circle for easy flow of people while entertaining guests. Should you need a home office, the dining room is easily suitable for that purpose as an alternative use. The custom U shaped kitchen features stunning ceiling height cabinetry, rare parquet flooring, and a built in work station. A large den features built in bookshelves, wood paneling and parquet flooring as well. The main living level includes a half bath and a large laundry room. Upstairs three generous sized bedrooms share a hall bath. A fourth bedroom serves as the master suite complete with ensuite bath and tons of closet space. A versatile bonus room being approx 14x32 is not presently heated or cooled, could be used as a fifth bedroom, playroom, or gym with the replacement of the wall mounted mini split unit. This would offer even more living space or great storage. A two car garage offers storage and parking outside while a partially fenced in yard is perfect for pets. A detached storage building needs your TLC, but offers great space for a man cave, or she shed. Located in walking distance to the football stadium, restaurants, and shopping areas you will enjoy all Wallace has to offer. Duplin Co. Tax reevaluation occurred in 2025. Please contact tax office for 2025 tax values and rates /costs. This home will be an as is sale. Owners will consider concessions in lieu or repairs.
    360 days
    |
    387
    |
    23
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Valerie R Johnson 910-285-9111,

    Johnson Realty

    Source: Hive MLS,MLS#: 100522809MLS LogoOriginating MLS: Cape Fear Realtors MLS, Inc.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Master Bedroom, Bedroom 1, Bedroom 2, Bedroom 3, Living Room, Dining Room, Family Room, Laundry, Bonus Room
      Bonus room
      • Description: not heated /cooled
      Heating
      • Propane, Heat Pump, Electric, Forced Air
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Laundry: Dryer Hookup, Washer Hookup
      Features
      • Entrance Foyer, Bookcases
      • Flooring: Carpet, Parquet
      • Basement: None
      • Has fireplace: No
      Interior area
      • Total structure area: 2,774
      • Total interior livable area: 2,774 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Side, Concrete, Off Street
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Deck, Porch
      • Fencing: Partial,Back Yard,Wood
      • Has view: Yes
      • View description: See Remarks
      • Frontage type: See Remarks
      Lot
      • Size: 0.43 Acres
      • Features: Corner Lot
      Details
      • Parcel number: 093322
      • Zoning: r-10
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Brick Veneer, Wood Frame
      • Foundation: Crawl Space
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1989

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Sewer Connected

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Wallace

      Financial & listing details

      • Price per square foot: $135/sqft
      • Tax assessed value: $364,800
      • Annual tax amount: $3,287
      • Date on market: 5/2/2026
      • Cumulative days on market: 360 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $369,900

        $351,000 - $388,000

        $2,483/mo

        Price history

        DateEventPrice
        4/12/2026Price change$374,900-6.3%$135/sqft
        Source: Hive MLS #100522809 Report a problem
        10/6/2025Price change$399,999-2.4%$144/sqft
        Source: Hive MLS #100522809 Report a problem
        9/14/2025Price change$409,900-4.7%$148/sqft
        Source: Hive MLS #100522809 Report a problem
        8/2/2025Listed for sale$429,900+81.4%$155/sqft
        Source: Hive MLS #100522809 Report a problem
        11/9/2004Sold$237,000$85/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,287 $242,600
        2023$3,287 $242,600
        2022$3,287 +2%$242,600
        2021$3,221 +84.4%$242,600
        2020$1,747 $242,600
        2019$1,747 $242,600
        2018$1,747 -4.8%$242,600 +2.5%
        2016$1,836 -0.3%$236,600
        2013$1,841 +3.8%$236,600
        2012$1,773 -0.3%$236,600
        2011$1,778 +2.9%$236,600
        2010$1,729 $236,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 28466

        Getting around

        46 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wallace
        • Middle: Wallace
        • High: Wallace-Rose Hill

        Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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