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616 E Murphy Street, Wallace, NC, 28466

3beds
3baths
2,320sqft
$378,000
$163price/sqft
$2,842/moest. monthly cost
$113,680/yrincome needed

About This Home

In the heart of Wallace you will find this contemporary style home nestled in one of the town's desirable neighborhoods. Featuring 3 spacious bedrooms + 2.5 baths! The kitchen features granite countertops & stainless appliances. Open concept living area boasts sliding glass doors across the back of the home bringing in all the natural lighting you could ask for. Sit back & relax with a book & bird watch on the back patio areas all from the convenience of your living areas or your master bedroom. Nice curb appeal situated on this beautiful corner lot with partial fencing in the back yard for your fur babies or to maintain a garden. This home conveys with a 48 KW Generac whole home generator making it stress-free during any power outages that may come. This property is just a short walk away from the iconic Legion Stadium where you can cheer on the local high school football team on Thursday and Friday nights during football season. Easy commute to Interstate 40, the local downtown shopping, the library, & the grocery stores. Contact me today to schedule your private tour of this lovely home in Wallace. **Some photos have been virtual staged using virtual staging app.**

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

3/10
Wallace ElementaryGrades PK-80.7 mi
4/10
Wallace-Rose Hill HighGrades 9-122.2 mi

Construction

Condition

  • Year built: 1980

Materials

  • Foundation: Slab
  • Roof: Architectural Shingle
  • Construction materials: See Remarks,Brick Veneer

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Microwave,Refrigerator,Range,Dishwasher
  • Laundry features: Laundry Room

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main

Features

  • Walk-in Closet(s),Entrance Foyer,Whole-Home Generator,Pantry,Walk-in Shower,Blinds/Shades,Walk-In Closet(s)
  • Flooring: LVT/LVP,Tile,Wood

Heating & Cooling

  • Heating features: Propane,Heat Pump,Electric,Forced Air
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 2,320
  • Total interior livable area: 2,320 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 091861
  • Zoning: R-20
  • Special condition: Standard
  • Other equipment: Generator

Features

  • Levels: One
  • Patio & porch: Open,Patio
  • Fencing: Partial,Back Yard
  • Has view: Yes
  • View description: See Remarks
  • Frontage type: See Remarks
  • Living area range: 2200 - 2399

Lot

  • Lot size: 0.50 Acres
  • Features: Corner Lot
  • Lot size dimensions: irregular

Parking

  • Total spaces: 2
  • Parking features: Attached,On Site,Paved
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hurricane
Winter Weather
Lightning
Tornado
Heat Wave
Inland Flooding
Ice Storm
Strong Wind

FEMA Declared Disasters in Duplin County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,911$22,932
Home Insurance *$251$3,012
Property Taxes $464$5,568
Electricity $216$2,593
Total$2,842$34,104
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$97,440/yr
40% on housing$85,260/yr
45% on housing$75,786/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$163This listing

vs Other Active Listings

Avg $/sqft

ZIP 28466$170
Duplin County$150

vs Homes Sold Last Month

Median $/sqft

ZIP 28466
Duplin County$160

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-21Price change$384,900
2026-03-16Price change$390,000
2026-02-21Listed for sale$395,000
2022-08-25Sold$360,000
2022-07-18Pending sale$364,900
2022-07-14Price change$364,900
2022-05-10Listed for sale$379,900
2017-02-27Sold$137,000
2016-05-05Listing removed$174,900
2016-02-04Listed for sale$174,900
2015-07-13Listing removed$174,900
2015-02-10Price change$174,900
2014-12-22Price change$184,900
2014-07-15Listed for sale$189,900
2014-05-10Listing removed$189,900
2014-02-11Price change$189,900
2013-01-12Price change$199,900
2011-05-13Listed for sale$209,500

For Sale by Agent

AgentTrista K Jones
BrokerageBerkshire Hathaway HomeServices Carolina Premier Properties

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