NOT LISTED FOR SALE

1006 Cumbertree Ct Leland, NC 28451

Estimated Value: $76,018 - $82,000

0.34 Acre
$232,379 Price per Acre
14,810 Sq Ft Lot

Last Sold June 07, 2022

Last sale price $70,000

Est. 13% increase in value since last sale

Current estimated payment $582/month

336 Days on Market

Highlights

  • Fitness Center
  • Community Indoor Pool
  • Cul-De-Sac
  • Clubhouse
  • Tennis Courts
  • Picnic Area

About This Lot

As of June 2022

Situated on a quiet cul-de-sac & backing up to a wooded area, design your custom dream home, and begin building memories for generations to come. Conveniently located near the entrance to Magnolia Greens so you can walk to dinner, or fill up your bicycle basket at the grocery store & other fun shops. Magnolia Greens features low HOA dues, and includes a wide variety of amenities: 2 outdoor pools, 1 indoor pool, fitness center, basketball/pickleball/tennis courts, playground, and picnic area. There is also an optional 27-hole championship golf course with pro shop and restaurant. Only 10 minutes to Historic Downtown Wilmington for dining, shopping, music, boating & walking along the riverfront! ILM airport only minutes up the road too

Last Agent to Sell the Property

Michelle Clark

Intracoastal Realty Corp License #237024 Listed on: 04/23/2021

Intracoastal Realty Corp

Last Buyer's Agent

Aubrey Molihan

Berkshire Hathaway HomeServices Carolina Premier Properties License #300709

Berkshire Hathaway HomeServices Carolina Premier Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $468

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 170x139x32x14x156
  • Cul-De-Sac
  • Cleared Lot
  • Property is zoned PUD

HOA Fees

  • $109 Monthly HOA Fees

Location

  • In Flood Plain
  • Suburban Location

Schools

  • Belville Elementary School
  • Leland Middle School
  • North Brunswick High School

Listing and Financial Details

  • Assessor Parcel Number 047fb004

Community Details

Overview

  • Magnolia Greens Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Indoor Pool

Property Details

Property Type

Land

Est. Annual Taxes

$468

Lot Details

0

HOA Fees

$109 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 46

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball, Clubhouse, Fitness Center, Maint - Comm Areas, Mgmt Fee, Picnic Grounds, Playground, Pool, Pool - Indoor, See Remarks, Street Lights, Tennis
  • HOAAssociationFee1Year: 1308.00

Schools

  • School District: Brunswick

Lot Info

  • Deed Book: 4256
  • Deed Page: 359.00
  • Lot Description: Cul-de-Sac Lot, Development, See Remarks, Subdivision, Suburban
  • Lot Dimensions: 170x139x32x14x156
  • Lot Sq Ft: 14810.00
  • Plat Book: 23
  • Plat Page: 161
  • Zoning: PUD
  • Acres: 0.34
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 220294.12
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Cleared/Partial, Flood Plain

Tax Info

  • Tax Identifier: 047fb004
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 468.25

MLS Schools

  • Elementary School: Belville
  • High School: North Brunswick
  • Middle School: Leland
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Jun 7, 2022
Sold by
F & N Development Company Llc
Bought by
Molihan Robert A
Seller's Agent
Michelle Clark
Intracoastal Realty Corp
Buyer's Agent
Aubrey Molihan
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$74,900
Sold Price
$70,000
Premium/Discount to List
-$4,900
-6.54%
Current Estimated Value
$78,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,960
Avg. Annual Appreciation
21.03%
Original Mortgage
$52,500
Outstanding Balance
$50,244
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$78,202

Purchase Details

Closed on
Aug 21, 2019
Sold by
Cape Fear Properties Of Wilmington Llc
Bought by
F & N Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 25, 2013
Closed on
Sep 22, 2014
Sold by
Nowak Geraldine
Bought by
Cape Fear Properties Of Wilmington Llc
Seller's Agent
Kevin McRill
Laney Real Estate Co.
Buyer's Agent
Sandra Britt
D.R. Horton, Inc
List Price
$56,000
Sold Price
$34,500
Premium/Discount to List
-$21,500
-38.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%
Original Mortgage
$35,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2010
Sold by
Nowak Geraldine
Bought by
Nowak Geraldine

Purchase Details

Closed on
Oct 20, 2005
Sold by
Beverity Realty Associates Llc
Bought by
Geradine Nowak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 1, 2005
Sold by
Wilson James Edward and Wilson Jacqueline Marie
Bought by
Beverly Realty Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 2005
Sold by
Saul Ronald R and Saul Sharon G
Bought by
Wilson James Edward and Wilson Jacqueline Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
5.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Molihan Robert A $70,000 Davis Eugene B
F & N Development Llc $50,000 None Available
Cape Fear Properties Of Wilmington Llc $34,500 None Available
Nowak Geraldine -- None Available
Geradine Nowak $90,000 None Available
Beverly Realty Associates Llc $87,500 None Available
Wilson James Edward $57,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molihan Robert A $52,500
Previous Owner F & N Development Llc $37,500
Previous Owner Cape Fear Properties Of Wilmington Llc $98,487
Previous Owner Cape Fear Properties Of Wilmington Llc $273,000
Previous Owner Cape Fear Properties Of Wilmington Llc $35,000
Previous Owner Geradine Nowak $72,000
Previous Owner Wilson James Edward $51,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $70,000 -6.5% --
03/25/2022 03/25/22 Pending -- -- --
11/03/2021 11/03/21 For Sale $74,900 +7.0% --
10/31/2021 10/31/21 Off Market $70,000 -- --
08/26/2021 08/26/21 Price Changed $74,900 -6.3% --
06/11/2021 06/11/21 For Sale $79,900 0.0% --
05/15/2021 05/15/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $79,900 +131.6% --
10/02/2014 10/02/14 Sold $34,500 -38.4% --
09/26/2014 09/26/14 Pending -- -- --
09/25/2013 09/25/13 For Sale $56,000 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $479 $75,000 $75,000 $0
2023 $494 $75,000 $75,000 $0
2022 $494 $65,000 $65,000 $0
2021 $494 $65,000 $65,000 $0
2020 $468 $65,000 $65,000 $0
2019 $467 $65,000 $65,000 $0
2018 $464 $65,000 $65,000 $0
2017 $464 $65,000 $65,000 $0
2016 $444 $65,000 $65,000 $0
2015 $424 $65,000 $65,000 $0
2014 $426 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Michelle Clark

    Intracoastal Realty Corp

    (910) 367-9767

    57 in this area

    421 Total Sales

    Section Image

  • A

    Buyer's Agent in 2022

    Aubrey Molihan

    Berkshire Hathaway HomeServices Carolina Premier Properties

    (910) 342-0155

    1 in this area

    15 Total Sales

    Section Image

  • K

    Seller's Agent in 2014

    Kevin McRill

    Laney Real Estate Co.

  • S

    Buyer's Agent in 2014

    Sandra Britt

    D.R. Horton, Inc

See All Agents

Map

Source: Hive MLS

MLS Number: 100267931

Hive MLS

APN: 047FB004

North Carolina Brunswick County Leland 28451

1006 Cumbertree Ct, Leland, NC

This home is located at 1006 Cumbertree Ct, Leland, NC 28451 since 23 April 2021 and is currently estimated at $79,009. 1006 Cumbertree Ct is a home located in Brunswick County with nearby schools including Town Creek Elementary School, North Brunswick High School, and Classical Charter Schools of Leland.

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