NOT LISTED FOR SALE

1074 Ridgemont Dr Leland, NC 28451

Estimated Value: $606,000 - $711,000

0.44 Acres
$1,501,005 Price per Acre
19,166 Sq Ft Lot

Last Sold February 15, 2016

Last sale price $70,000

Est. 843% increase in value since last sale

Current estimated payment $3,487/month

618 Days on Market

Highlights

  • 151 Feet of Waterfront
  • Fitness Center
  • Clubhouse
  • On Golf Course
  • 0.44 Acre Lot
  • Community Pool

About This Lot

As of February 2016

One of the LAST remaining waterfront lots in all of Magnolia Greens and it is PRICED to SELL. This lot is spacious at .44 acres and is located in The Lakes section of the community. Pond access at the back of the lot is abundant and is easily accessible for fishing, launching a canoe/kayak or just sitting to relax and enjoy the view. Magnolia Greens offers resort style amenities for only $47.50 per month, which gives you access to the Recreation Center, exercise rooms, tennis courts, Owner's Clubhouse, (2) outdoor pools, (1) indoor heated pool, covered picnic/cookout area, playground and more. Magnolia Greens Golf Plantation is also home to the 27-hole Championship Golf Course, Voted Best Golf Course in the Cape Fear Region for 2 years in a row! The main clubhouse features Magnolia

Last Agent to Sell the Property

David Andress

NextHome Cape Fear Listed on: 04/25/2014

Last Buyer's Agent

Dave Andress

Coldwell Banker Sea Coast Advantage-Leland License #278060

Coldwell Banker Sea Coast Advantage-Leland

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $551

Lot Details

  • 0.44 Acre Lot
  • 151 Feet of Waterfront
  • On Golf Course
  • Cleared Lot
  • Property is zoned PUD

HOA Fees

  • $48 Monthly HOA Fees

Property Views

  • Water Views

Schools

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

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 037kb022

Community Details

Overview

  • Cepco HOA, Phone Number (910) 383-2330
  • Magnolia Greens Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Picnic Area
  • Clubhouse

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$551

Lot Details

0.44 Acres

HOA Fees

$48 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Prospect Exempt: No
  • Total Real Estate Property Taxes: 551.00
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 181590.91
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Water Frontage: 151.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Clubhouse, Fitness Center, Golf Course, Maint - Comm Areas, Mgmt Fee, Picnic Grounds, Playground, Pool, Sidewalk, Tennis
  • Annual H O A: 570.00
  • H O A Company: Cepco
  • H O A Phone: (910) 383-2330

Schools

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

Lot Info

  • Cobra Zone: No
  • Deed Book: 1755
  • Deed Page: 884.00
  • Lot Description: Golf Course Lot
  • Lot Dimensions: Irregular
  • Lot Number: 47
  • Lot Sq Ft: 19160.00
  • Zoning: PUD
  • Acres: 0.44
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • Flood Zone: No
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared
  • Lot Number2: 47

Rental Info

  • Appointment Center Phone: (910) 508-0594
  • Appointment Contact: Dave Andress

Tax Info

  • Tax Identifier: 037kb022
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 551.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2014
Closed on
Feb 9, 2016
Sold by
Felicetta Robert and Felicetta Kathleen
Bought by
Maggio Ralph and Maggio Evelyn
Seller's Agent
David Andress
NextHome Cape Fear
Buyer's Agent
Dave Andress
Coldwell Banker Sea Coast Advantage-Leland
List Price
$102,000
Sold Price
$70,000
Premium/Discount to List
-$32,000
-31.37%
Current Estimated Value
$660,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,442
Avg. Annual Appreciation
24.91%

Purchase Details

Closed on
May 1, 2003
Bought by
Felicetta Robert Et Kathleen
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
Maggio Ralph $70,000 None Available
Felicetta Robert Et Kathleen $65,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2016 02/15/16 Sold $70,000 -31.4% --
01/03/2016 01/03/16 Pending -- -- --
04/25/2014 04/25/14 For Sale $102,000 -- --
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 -- $604,140 $114,000 $490,140
2024 $39 $604,140 $114,000 $490,140
2023 $3,198 $604,140 $114,000 $490,140
2022 $0 $390,250 $75,000 $315,250
2021 $0 $390,250 $75,000 $315,250
2020 $578 $390,250 $75,000 $315,250
2019 $3,012 $79,490 $75,000 $4,490
2018 $603 $85,000 $85,000 $0
2017 $603 $85,000 $85,000 $0
2016 $578 $85,000 $85,000 $0
2015 $551 $85,000 $85,000 $0
2014 $723 $120,000 $120,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 30505160

Hive MLS

APN: 037KB022

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