NOT LISTED FOR SALE

1101 Water Lily Way Leland, NC 28451

Estimated Value: $950,778 - $1,224,000

4 Beds
6 Baths
4,159 Sq Ft
$246/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $525,500 $126 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $5,908/month

24 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Home fronts a canal
  • In Ground Pool
  • 0.57 Acre Lot
  • Clubhouse

About This Home

As of July 2018

Rare opportunity in Waterford of the Carolinas! This executive home sits perfectly along one of the panoramic canal view lots with access to the big lake! Carefully designed to incorporate the elements of Vastu Shastra. Hardwood in-lays carry you through to the open living, dining and kitchen area. You'll be delighted with this chef's kitchen, allowing you to entertain small or larger dinner parties with it's generously sized granite counters, stainless steel appliances and cabinet storage. The open living areas and tall windows/transoms capture and bring the beauty of what waits just outside to the interior. Step outside on to the 356 sq/ft covered porch and enjoy panoramic canal views. Upstairs you'll find a large rec room, br and balcony. Enjoy the lifestyle you deserve, call today!

Last Agent to Sell the Property

Adam Connolly

Berkshire Hathaway HomeServices Carolina Premier Properties License #285778 Listed on: 05/15/2018

Berkshire Hathaway HomeServices Carolina Premier Properties

Co-Listed By

Julie Thomas

Berkshire Hathaway HomeServices Carolina Premier Properties License #285954

Last Buyer's Agent

James Diaz

Coldwell Banker Sea Coast Advantage-Leland License #276079

Coldwell Banker Sea Coast Advantage-Leland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,536

Year Built

  • Built in 2006

Lot Details

  • 0.57 Acre Lot
  • Home fronts a canal
  • Property fronts a private road
  • Cul-De-Sac
  • Street terminates at a dead end
  • Sprinkler System
  • Property is zoned R6

HOA Fees

  • $96 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Composition Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 4,159 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Bonus Room
  • Canal Views
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Cooktop
  • Stove
  • Range Hood
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Attic

  • Storage In Attic
  • Partially Finished Attic

Home Security

  • Home Security System
  • Intercom
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 037ea038

Community Details

Overview

  • Master Insurance
  • Waterford Of The Carolinas Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,536

Year Built

Built in 2006

Lot Details

0

HOA Fees

$96 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Year Built: 2006
  • Road Frontage Type: Canal Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage, Walk-In, Floored - Partial
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 4000 - 4499
  • Interior Amenities: 9Ft+ Ceilings, Security System, Walk-In Closet, Walk-in Shower, Sprinkler System, Solid Surface, Smoke Detectors, Foyer, Intercom/Music, Gas Logs, Blinds/Shades, Ceiling Fan(s), Ceiling - Trey
  • Laundry Location: Room
  • List Price per Sq Ft: 132.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6.00
  • Bedrooms: 4
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • Bonus Room Level: Second
  • Dining Room Level: First
  • Family Room Level: First
  • Great Room Level: First
  • Kitchen Level: First
  • Primary Bedroom Level: First
  • Other Level: First
  • Sq Ft Heated: 4159.00
  • Total Heated Primary Separate Sq Ft: 4159.00

Exterior Features

  • Exterior Features: Gas Logs, Irrigation System, Thermal Windows, Thermal Doors, Storm Doors
  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Patio, Porch, Covered
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Architectural Shingle, Composition
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 3.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Dishwasher, Vent Hood, Stove/Oven - Electric, Microwave - Built-In
  • Cooling System: Central, Zoned
  • Fuel Tank: None
  • Heating System: Forced Air, Zoned, Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Playground, Trail(s), Tennis Court(s), Taxes, Sidewalk, Maint - Comm Areas, Master Insure, Maint - Roads, Gated, Fitness Center, Community Pool
  • HOAAssociationFee1Year: 1150.00

Lot Info

  • Deed Page: 1242.00
  • Lot Acres: 0.57
  • Lot Description: Cul-de-Sac Lot, Dead End
  • Lot Dimensions: Rect/Irreg
  • Lot Number: 38
  • Lot Sq Ft: 24766.00
  • Special Assessments: None known
  • Zoning: R6
  • Lot View Type: Canal View

Tax Info

  • Tax Identifier: 037ea038
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 955.19
  • Total Real Estate Property Taxes: 3536.21

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Jul 11, 2018
Sold by
Patel Rakesh and Patel Jaimence
Bought by
Korman Brandon and Korman Deena
Seller's Agent
Adam Connolly
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
James Diaz
Coldwell Banker Sea Coast Advantage-Leland
List Price
$549,000
Sold Price
$525,500
Premium/Discount to List
-$23,500
-4.28%
Current Estimated Value
$1,023,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$498,195
Avg. Annual Appreciation
9.59%
Original Mortgage
$420,400
Outstanding Balance
$310,714
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$712,981

Purchase Details

Closed on
May 1, 2006
Sold by
Wdv Inc
Bought by
Patel Rakesh and Patel Jaimenee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,520
Interest Rate
6.62%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 4, 2005
Sold by
Wdv Inc
Bought by
Stevens Building Co
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
Korman Brandon $525,500 None Available
Patel Rakesh $149,000 None Available
Stevens Building Co $384,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korman Brandon $420,400
Previous Owner Patel Rakesh $497,520
Previous Owner Patel Rakesh $497,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2018 07/19/18 Sold $525,500 -4.3% $126 / Sq Ft
06/08/2018 06/08/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $549,000 -- $132 / 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 $5,321 $738,690 $185,000 $553,690
2024 $5,321 $738,690 $185,000 $553,690
2023 $0 $738,690 $185,000 $553,690
2022 $0 $517,360 $90,000 $427,360
2021 $4,256 $517,360 $90,000 $427,360
2020 $4,256 $517,360 $90,000 $427,360
2019 $4,046 $93,140 $90,000 $3,140
2018 $3,536 $73,720 $70,000 $3,720
2017 $3,536 $73,720 $70,000 $3,720
2016 $3,340 $73,720 $70,000 $3,720
2015 $3,195 $454,850 $70,000 $384,850
2014 $2,834 $426,522 $100,000 $326,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100116175

Hive MLS

APN: 037EA038