NOT LISTED FOR SALE

1040 Ridgemont Dr Leland, NC 28451

Estimated Value: $604,000 - $711,000

3 Beds
3 Baths
2,609 Sq Ft
$248/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $450,000 $172 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,730/month

8 Days on Market

Highlights

  • On Golf Course
  • Indoor Pool
  • Clubhouse
  • Fitness Center
  • Pond View
  • Wood Flooring

About This Home

As of December 2018

Beautiful 3 bedroom 3 bath home situated on the 2nd tee of Azalea Nine in Magnolia Greens! This is one of the most sought after sections set in the middle of the community away from traffic on a cul-de-sac road. This home boasts a 3 Season Room with expansive sliding glass doors from your living room and a 2nd floor that can be used for a bedroom or flexible space. Features include luxury 3 stall garage with epoxy flooring, surround sound, electronic, automated blinds, sprinkler system for front and backyard, pond view, and only a year old. There are three ways to enter/exit the community, generous amenities with a renovated recreation center, & only 8 minutes to Wilmington. Call today for a showing - This Is The One!

Last Agent to Sell the Property

Desiree Whalen

Keller Williams Innovate-Wilmington Listed on: 11/12/2018

Last Buyer's Agent

Karen Schwartz

RE/MAX Executive License #228689

RE/MAX Executive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 90 x 165 x 117 x 161
  • Property fronts a private road
  • On Golf Course
  • Irrigation
  • Property is zoned R-7500

HOA Fees

  • $50 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,609 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • 1 Fireplace
  • Blinds
  • Dining Room
  • Home Office
  • Sun or Florida Room
  • Pond Views

Kitchen

  • Electric Oven
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Attic

  • Attic Floors
  • Storage In Attic

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Indoor Pool
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 63
  • Assessor Parcel Number 037kb038

Community Details

Overview

  • Magnolia Greens Subdivision

Amenities

  • Restaurant
  • Clubhouse

Recreation

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

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0.39 Acres

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Built-In Microwave, Electric Oven, Disposal, Dishwasher
  • Handicap Accessible: None
  • List Priceper Sq Ft: 172.48
  • New Construction: No
  • Prospect Exempt: No
  • Waterview: Yes
  • Year Built: 2016
  • Lot View Type: Pond
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage, Floored
  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Wood
  • Interior Amenities: Blinds/Shades, Walk-in Shower, Walk-In Closet(s), Gas Log, Pantry, Master Downstairs, High Ceilings
  • Laundry Location: Hookup - Dryer, Laundry Room, Hookup - Washer
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom1 Level: First
  • Bedroom3 Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Other Level: Second
  • Sunroom Level: First
  • Sq Ft Heated: 2609.00
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Total Heated Primary Separate Sq Ft: 2609.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Raised, Slab
  • Porch Balcony Deck: Enclosed, Porch, See Remarks
  • Road Type Frontage: Private Road
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Central Air
  • Fuel Tank Ownership: Leased
  • Heated Sq Ft: 2600 - 2799
  • Heating System: Heat Pump
  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Clubhouse, Street Lights, Tennis Court(s), Restaurant, Management, Indoor Pool, Golf Course, Fitness Center, Community Pool
  • H O A Association Fee1 Year: 602.00
  • H O A H O A1 Mgmt Company: CEPCO

Fee Information

  • Home Warranty Termite: Termite Bond
  • Home Warranty Termite Company: Pestco
  • Home Warranty Termite Company Phone: 9103009127

Lot Info

  • Cobra Zone: No
  • Deed Page: 908.00
  • Lot Acres: 0.39
  • Lot Description: On Golf Course
  • Lot Dimensions: 90 x 165 x 117 x 161
  • Lot Number: 63
  • Lot Sq Ft: 16988.00
  • Lot Water Features: None
  • Zoning: R-7500

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 037kb038
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Dec 11, 2018
Sold by
Phillion Deborah M
Bought by
Navolanic Weaver Jeffrey Lamar and Navolanic Weaver Christine
Seller's Agent
Desiree Whalen
Keller Williams Innovate-Wilmington
Buyer's Agent
Karen Schwartz
RE/MAX Executive
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$646,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,106
Avg. Annual Appreciation
5.11%

Purchase Details

Listed on
Nov 12, 2018
Closed on
Nov 13, 2018
Sold by
Phillion Robert I
Bought by
Phillion Deborah M
Seller's Agent
Desiree Whalen
Keller Williams Innovate-Wilmington
Buyer's Agent
Karen Schwartz
RE/MAX Executive
List Price
$450,000
Sold Price
$450,000

Purchase Details

Listed on
Feb 4, 2015
Closed on
Jun 29, 2015
Sold by
Rossi Bruce E and Rossi Marie A
Bought by
Phillion Robert I and Phillion Deborah M
Seller's Agent
Laura Betz
RE/MAX Essential
Buyer's Agent
Desiree Whalen
Nest Realty
List Price
$85,000
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.88%
Original Mortgage
$60,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 1, 2002
Bought by
Rossi Bruce E Et Maria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Navolanic Weaver Jeffrey Lamar $450,000 None Available
Phillion Deborah M -- None Available
Phillion Robert I $85,000 None Available
Rossi Bruce E Et Maria $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillion Robert I $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2018 12/14/18 Sold $450,000 0.0% $172 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $450,000 +429.4% $172 / Sq Ft
06/29/2015 06/29/15 Sold $85,000 0.0% $5 / Sq Ft View Prior Sale
04/28/2015 04/28/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $85,000 -- $5 / Sq Ft
Source: Hive MLS

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 $3,813 $557,700 $135,000 $422,700
2024 $36 $557,700 $135,000 $422,700
2023 $3,470 $557,700 $135,000 $422,700
2022 $3,470 $427,220 $80,000 $347,220
2021 $3,470 $427,220 $80,000 $347,220
2020 $3,299 $427,220 $80,000 $347,220
2019 $3,269 $83,640 $80,000 $3,640
2018 $3,016 $103,000 $99,000 $4,000
2017 $3,016 $103,000 $99,000 $4,000
2016 $672 $99,000 $99,000 $0
2015 $640 $99,000 $99,000 $0
2014 $663 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100139974

Hive MLS

APN: 037KB038

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