NOT LISTED FOR SALE

1021 Cherrywood Ct Leland, NC 28451

Estimated Value: $384,025 - $426,000

3 Beds
2 Baths
1,905 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $280,000 $147 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,416/month

4 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Solid Surface Countertops
  • Fitness Center
  • Bonus Room
  • Community Pool

About This Home

As of September 2020

Located on a charming, sought after street in Magnolia Greens, this 3 Bedroom/2 Bath home is move in ready! Outside, you're greeted by a quaint front porch that's perfect for rocking chairs and an easy to maintain front yard , along with a spacious 2 car garage. Inside, laminate floors lead you through the foyer to a formal dining room, a great room with a fireplace, a lot of natural light with views of the back yard and an updated kitchen, complete with new white cabinets, stainless appliances, granite counters and a quaint breakfast nook! The large Owner's suite offers privacy on one side of the home and features a garden tub, shower, dual vanities and a walk in closet, while 2 other bedrooms and a shared bath complete the opposite side of the home. Upstairs a bonus room offers additional storage and diversity as a media room, office, guest room or play room! High ceilings, blinds and neutral paint throughout keep this home feeling open, airy and welcoming! Outside a fully fenced back yard with a patio is the perfect place to entertain with friends before and after enjoying all of the amenities Magnolia Greens has to offer including Golf, Tennis, Community Pools, picnic areas, a renovated fitness center and more, all with a very reasonable HOA!

Last Agent to Sell the Property

Team Bailey & Company

Coldwell Banker Sea Coast Advantage License #219238 Listed on: 08/20/2020

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Nicholas Newell

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,231

Year Built

  • Built in 1998

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard
  • Wood Fence
  • Property is zoned LE-PUD

HOA Fees

  • $55 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,905 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Gas
  • Gas Tank Leased
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 047ca025

Community Details

Overview

  • Magnolia Greens Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,231

Year Built

Built in 1998

Lot Details

0

HOA Fees

$55 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Vinyl, Laminate
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Solid Surface, Gas Logs, Foyer, Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 146.98
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bonus Room Level: Second
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1905.00
  • Total Heated Primary Separate Sq Ft: 1905.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Patio, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Disposal
  • Cooling System: Central
  • Fuel Tank: Gas, Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Picnic Area, Tennis Court(s), Sidewalk, Playground, Maint - Comm Areas, Management, Golf Course, Fitness Center, Community Pool
  • HOAAssociationFee1Year: 654.00

Lot Info

  • Deed Page: 650.00
  • Lot Acres: 0.19
  • Lot Dimensions: irregular
  • Lot Sq Ft: 8276.00
  • Plat Book: 20
  • Plat Page: 115
  • Zoning: LE-PUD

Tax Info

  • Tax Identifier: 047ca025
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2020
Closed on
Sep 18, 2020
Sold by
Cox Brian M and Cox Carla M
Bought by
Copeland Curtis Smith and Copeland Denise Marie
Seller's Agent
Team Bailey & Company
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Nicholas Newell
Coldwell Banker Sea Coast Advantage
List Price
$280,000
Sold Price
$280,000
Current Estimated Value
$408,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,256
Avg. Annual Appreciation
8.20%
Original Mortgage
$280,000
Outstanding Balance
$248,591
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$166,075

Purchase Details

Closed on
Feb 12, 2007
Sold by
Wadsworth Rocco S and Wadsworth Clare Godwin
Bought by
Cox Brian M and Cox Carla M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
6.08%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Copeland Curtis Smith $280,000 None Available
Cox Brian M $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Copeland Curtis Smith $280,000
Previous Owner Cox Brian M $257,155
Previous Owner Cox Brian M $251,750
Previous Owner Wadsworth Rocco S $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $280,000 0.0% $147 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $280,000 -- $147 / Sq Ft
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
2025 $2,231 $331,910 $75,000 $256,910
2024 $2,231 $331,910 $75,000 $256,910
2023 $2,051 $331,910 $75,000 $256,910
2022 $2,051 $256,650 $65,000 $191,650
2021 $2,051 $256,650 $65,000 $191,650
2020 $1,798 $235,030 $65,000 $170,030
2019 $1,783 $66,000 $65,000 $1,000
2018 $1,631 $66,300 $65,000 $1,300
2017 $1,631 $66,300 $65,000 $1,300
2016 $1,548 $66,300 $65,000 $1,300
2015 $1,479 $216,620 $65,000 $151,620
2014 $1,338 $208,429 $70,000 $138,429
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100232480

Hive MLS

APN: 047CA025