$398,000
SOLD MAR 20, 2025

1023 Cordgrass Ln Leland, NC 28451

3 Beds
2 Baths
1,722 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$231 Per Sq Ft

4% Below List Price

21 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Sauna
  • Indoor Pool
  • Wood Flooring
  • 1 Fireplace

About This Home

As of March 2025

Exquisite One-Story Brick Home in the Highly Sought-After Magnolia Greens CommunityConveniently located near shopping centers, restaurants, downtown Wilmington, and beaches, this charming home is nestled on a quiet cul-de-sac and boasts 9-foot ceilings with elegant crown molding. The beautiful kitchen features 42-inch cabinets, customized countertops, and a stylish backsplash.Hardwood floors, upgraded in 2022, enhance the main living area, primary bedroom, and walk-in closet. The primary bathroom, featuring a tiled floor, offers a double-sink vanity, a relaxing garden tub, and a walk-in shower.The spacious, fenced backyard provides a private retreat, perfect for outdoor enjoyment.A heated and cooled sunroom offers a cozy space to take in scenic backyard views, making it ideal for relaxation or entertaining. New water heater in 2021, new washer and dryer in 2023.

Last Agent to Sell the Property

Yusheng (Amy) Lu

Coastal Properties License #316058 Listed on: 02/04/2025

Coastal Properties

Last Buyer's Agent

Wendy Riley

Intracoastal Realty Corporation License #293038

Intracoastal Realty Corporation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,395

Year Built

  • Built in 2003

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 71 x 163 x 62 x 143
  • Fenced Yard
  • Wood Fence
  • Property is zoned PUD

HOA Fees

  • $59 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,722 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Indoor Pool
  • Patio

Schools

  • Town Creek Elementary School
  • Leland Middle School
  • North Brunswick High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 219717127198

Community Details

Overview

  • Cepco Association, Phone Number (910) 395-1500
  • Magnolia Greens Subdivision

Amenities

  • Restaurant
  • Sauna
  • Clubhouse

Recreation

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

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,395

Year Built

Built in 2003

Lot Details

0

HOA Fees

$59 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: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Walk-In Closet, Ceiling Fan(s), 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 241.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1722.00
  • Total Heated Primary Separate Sq Ft: 1722.00

Exterior Features

  • Exterior Finish: Brick
  • Fencing: Back Yard, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Garage Door Opener, Paved

Utilities

  • Cooling System: Central, Heat Pump
  • Fuel Tank Ownership: Owned
  • Heating System: Forced Air, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Pickleball, Tennis Court(s), Street Lights, Sauna, Restaurant, Playground, Management, Community Pool, Indoor Pool, Fitness Center, Clubhouse
  • HOAAssociationFee1Year: 706.00
  • HOAAssociationName: CEPCO
  • HOAAssociationPhone: 9103951500

Lot Info

  • Deed Page: 982.00
  • Lot Acres: 0.24
  • Lot Dimensions: 71 x 163 x 62 x 143
  • Lot Sq Ft: 10454.00
  • Plat Book: 22
  • Plat Page: 232
  • Zoning: PUD

Tax Info

  • Tax Identifier: 219717127198
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 2395.00

MLS Schools

  • Elementary School: Town Creek
  • High School: North Brunswick
  • Middle School: Leland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2023
Sold by
Russo Charles Anthony
Bought by
Russo Charles Anthony and Dai Lili
Current Estimated Value
$407,675

Purchase Details

Listed on
Jun 27, 2021
Closed on
Aug 2, 2021
Sold by
Pioth Bruce and Pioth Tara
Bought by
Russo Charles Anthony
Seller's Agent
Joe Rumsey
Coastal ERA
Buyer's Agent
Chris Lopata
Sea Glass Wilmington
List Price
$298,000
Sold Price
$315,000
Premium/Discount to List
$17,000
5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Original Mortgage
$268,620
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 6, 2018
Closed on
Feb 25, 2019
Sold by
Angeledes Angelo G
Bought by
Pioth Bruce and Pioth Tara
Seller's Agent
Dana Gore
Coldwell Banker Sea Coast Advantage-Leland
Buyer's Agent
Joe Rumsey
Coastal ERA
List Price
$255,000
Sold Price
$239,900
Premium/Discount to List
-$15,100
-5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.07%

Purchase Details

Closed on
Sep 1, 2003
Bought by
Angeledes Angelo G Et Evelyn
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Warranty Deed $315,000 None Available
Warranty Deed $240,000 None Available
Warranty Deed $189,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $268,620 FHA
Previous Owner $192,000 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $202,000 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $164,500 Adjustable Rate Mortgage/ARM
Previous Owner $158,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2025 03/20/25 Sold $398,000 -4.1% $231 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
02/04/2025 02/04/25 For Sale $415,000 +31.7% $241 / Sq Ft
08/09/2021 08/09/21 Sold $315,000 +5.7% $184 / Sq Ft
07/06/2021 07/06/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $298,000 +24.2% $174 / Sq Ft
03/19/2019 03/19/19 Sold $239,900 -5.9% $158 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
11/06/2018 11/06/18 For Sale $255,000 -- $168 / 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 $2,395 $358,650 $75,000 $283,650
2024 $2,395 $358,650 $75,000 $283,650
2023 $1,844 $358,650 $75,000 $283,650
2022 $1,844 $228,370 $65,000 $163,370
2021 $0 $228,370 $65,000 $163,370
2020 $1,752 $228,370 $65,000 $163,370
2019 $1,737 $66,900 $65,000 $1,900
2018 $1,559 $67,360 $65,000 $2,360
2017 $1,559 $67,360 $65,000 $2,360
2016 $1,479 $67,360 $65,000 $2,360
2015 $1,413 $206,300 $65,000 $141,300
2014 $1,311 $203,867 $70,000 $133,867
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100486843

Hive MLS

APN: 037ND015