NOT LISTED FOR SALE

1028 W Cove Loop Leland, NC 28451

Estimated Value: $688,131 - $723,000

4 Beds
3.5 Baths
3,394 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: January 7, 2025

Last sale price $670,000 $197 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,263 / mo

7 Days on Market

Highlights

  • Golf Course Community
  • Indoor Pool
  • 0.6 Acre Lot
  • Fitness Center
  • Home fronts a pond
  • Clubhouse

About This Home

As of January 2025

This stunning custom-built brick home, located in the sought-after Magnolia Greens subdivision, sits at the heart of the Azalea Golf Course near Tees 21 & 22 on a quiet, oversized lot with a picturesque backyard pond. With 4 bedrooms, 3 and a half bathrooms, and 3,300 sq ft of thoughtfully designed living space, the open floor plan features a spacious living area and soaring vaulted ceilings, creating an airy and inviting atmosphere. The expansive kitchen is a chef's dream, boasting stainless-steel appliances. Plentiful solid maple cabinetry graces the space, offering both beauty and practicality, providing ample storage and organization. The inviting living room is flooded with natural light makes it the perfect setting for gatherings. The main level includes an extra-large bedroom, ideal for use as an in-law suite or home office. Upstairs, a generous bonus room offers versatility as a media or game room. Step outside to relax on the screened porch, surrounded by meticulously maintained landscaping. This home also includes a rare full-sized 3-car garage with a durable epoxy-coated floor, offering ample space for vehicles, storage, and hobbies. The property is move-in ready and located on a loop with no through traffic, perfect for walking and biking. Magnolia Greens offers an array of amenities, including a fitness center, indoor and outdoor pools, tennis, pickleball, and basketball courts, plus sidewalks, a playground, and picnic areas. Golf enthusiasts will enjoy the optional 27-hole championship golf course with a pro shop and restaurant. Conveniently located near shopping, dining, medical facilities, Wilmington, and area beaches, this home truly has it all.

Last Agent to Sell the Property

Lexi Barbee

Nest Realty License #305930 Listed on: 11/27/2024

Nest Realty

Co-Listed By

Michelle Taylor

Nest Realty License #285167

Last Buyer's Agent

Melanie Cameron

Coldwell Banker Sea Coast Advantage License #209100

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,577

Year Built

  • Built in 2009

Lot Details

  • 26,267 Sq Ft Lot
  • Home fronts a pond
  • Property is zoned Le-Pud

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,394 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Combination Dining and Living Room
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Indoor Pool
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 037od032

Community Details

Overview

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

Amenities

  • Restaurant
  • Clubhouse

Recreation

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

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,577

Year Built

Built in 2009

Lot Details

0.6 Acres

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2009
  • Property Sub Type: Single Family Residence
  • Original List Price: 685000.00
  • Unit Levels: Two
  • Living Area: 3394.00
  • Is New Construction?: No
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 201.83
  • Special Features: None

Interior Features

  • Dining Room Type: Combination
  • Interior Amenities: Master Downstairs, High Ceilings, Kitchen Island, Pantry
  • Master Bedroom Level: Primary Living Area
  • Stories: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 9
  • Room Types: Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 3.10
  • Living Area Range: 3000 - 3499

Exterior Features

  • Exterior Finish: Brick
  • Fencing: None
  • Roof: Shingle
  • Road Frontage Type: Pond Front
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
  • Waterfront Features: None
  • Waterfront?: Yes
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio, Porch, Screened

Garage/Parking

  • Has Attached Garage?: No
  • Garaged Spaces: 3.00
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 3.00
  • Attached Garage Spaces: 3.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Community Pool, Fitness Center, Golf Course, Indoor Pool, Maintenance Common Areas, Maintenance Grounds, Management, Pickleball, Restaurant, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fees: 1200.00
  • Association Name: CEPCO
  • Association Phone#: 9103951500
  • Has H O A?: Yes

Schools

  • Elementary School: Town Creek
  • High School: North Brunswick
  • Middle Or Junior School: Town Creek

Lot Info

  • Deed Book: 4635
  • Deed Page: 125.00
  • Zoning: Le-Pud
  • Lot Size Acres: 0.6
  • Lot Size: irregular
  • Lot Size Sq Ft: 26267.00
  • Purchase Contract Date: 2024-12-03
  • Parcel#: 037od032
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2024
  • Tax Book Number: 0
  • Tax Map Number: 0
  • Tax Other Assessment Amount Frequency: none known
  • Tax Amount: 4576.66

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2024
Closed on
Jan 3, 2025
Sold by
Bought by
Seller's Agent
Lexi Barbee
Nest Realty
Buyer's Agent
Melanie Cameron
Coldwell Banker Sea Coast Advantage
List Price
$685,000
Sold Price
$670,000
Premium/Discount to List
-$15,000
-2.19%
Views
14
Current Estimated Value
$701,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,533
Avg. Annual Appreciation
3.29%
Original Mortgage
$636,500
Outstanding Balance
$629,832
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$71,701

Purchase Details

Closed on
Jun 5, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,976
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2020
Closed on
Jun 4, 2021
Sold by
Bought by
Seller's Agent
Daryl Bundy
Coldwell Banker Sea Coast Advantage-Leland
Buyer's Agent
Lexi Barbee
Nest Realty
List Price
$538,000
Sold Price
$538,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$457,300
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.29%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 13, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.63%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$670,000 None Listed On Document
-- Fidelity National Title
$538,000 None Available
$123,000 None Available
$25,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $636,500
Previous Owner $506,976
Previous Owner $457,300
Previous Owner $275,000
Previous Owner $124,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2025 01/07/25 Sold $670,000 -2.2% $197 / Sq Ft
12/04/2024 12/04/24 Pending -- -- --
11/27/2024 11/27/24 For Sale $685,000 +27.3% $202 / Sq Ft
06/04/2021 06/04/21 Sold $538,000 0.0% $159 / Sq Ft View Prior Sale
04/20/2021 04/20/21 Pending -- -- --
10/28/2020 10/28/20 For Sale $538,000 0.0% $159 / Sq Ft
07/20/2017 07/20/17 Rented $2,100 -8.7% --
06/20/2017 06/20/17 Under Contract -- -- --
03/13/2017 03/13/17 For Rent $2,300 +9.5% --
06/24/2015 06/24/15 Rented $2,100 0.0% --
06/24/2015 06/24/15 Under Contract -- -- --
02/05/2015 02/05/15 For Rent $2,100 +5.0% --
03/25/2014 03/25/14 Rented $2,000 -20.0% --
03/25/2014 03/25/14 Under Contract -- -- --
10/15/2013 10/15/13 For Rent $2,500 -- --
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,577 $649,780 $95,000 $554,780
2024 $43 $649,780 $95,000 $554,780
2023 $4,022 $649,780 $95,000 $554,780
2022 $4,022 $479,850 $75,000 $404,850
2021 $4,022 $479,850 $75,000 $404,850
2020 $3,830 $479,850 $75,000 $404,850
2019 $3,785 $78,060 $75,000 $3,060
2018 $3,501 $97,090 $93,500 $3,590
2017 $3,501 $97,090 $93,500 $3,590
2016 $3,306 $97,090 $93,500 $3,590
2015 $3,163 $449,740 $93,500 $356,240
2014 $3,140 $478,172 $144,000 $334,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100477919

Hive MLS

APN: 037OD032

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