NOT LISTED FOR SALE

1121 Cornell Ct Leland, NC 28451

Estimated Value: $665,000 - $714,000

0.38 Acres
$1,812,103 Price per Acre
16,553 Sq Ft Lot

Last Sold May 27, 2016

Last sale price $95,000

Est. 625% increase in value since last sale

Current estimated payment $4,029/month

30 Days on Market

Highlights

  • 230 Feet of Waterfront
  • Gated Community
  • Community Pool
  • Fitness Center
  • Clubhouse
  • Tennis Courts

About This Lot

As of May 2016

Beautiful 230 foot waterfront peninsula home site with spectacular views of converging canals located in the prestigious Waterford of the Carolinas neighborhood. Build your dream home on this magnificent panoramic waterfront site and enjoy the breezes and sunsets. This site also has room to build a dock. Waterford of the Carolinas is packed with fantastic amenities including sidewalks, tennis courts, new expanded clubhouse and fitness center, kayaking canals, expansive swimming pool, park areas, playgrounds and so much more. Enjoy walking or biking to dining, shopping, banking, entertainment and much more without leaving your neighborhood. Located just minutes from historic downtown Wilmington and a number of area beaches. A must see.

Last Agent to Sell the Property

Buddy Blake

RE/MAX Essential Listed on: 03/27/2016

Last Buyer's Agent

Les Christensen

Coldwell Banker Sea Coast Advantage-Leland License #253280

Coldwell Banker Sea Coast Advantage-Leland

Property Details

Property Type

  • Land

Lot Details

  • 0.38 Acre Lot
  • 230 Feet of Waterfront
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Property is zoned LE-R-6

HOA Fees

  • $94 Monthly HOA Fees

Property Views

  • Water Views

Schools

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

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 037kg038

Community Details

Overview

  • Cepco HOA, Phone Number (910) 395-1500
  • Waterford Of The Carolinas Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

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

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0.38 Acres

HOA Fees

$94 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Prospect Exempt: No
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 328947.37
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Water Frontage: 230.00

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Clubhouse, Fitness Center, Gated Community, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Picnic Grounds, Playground, Pool, Sidewalk, Tax Comm Areas, Tennis
  • Annual H O A: 1128.00
  • H O A Company: CEPCO
  • H O A Phone: 910-395-1500

Schools

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

Lot Info

  • Cobra Zone: No
  • Deed Book: 2125
  • Deed Page: 539.00
  • Lot Description: Cul-de-Sac Lot
  • Lot Number: 38
  • Lot Sq Ft: 16553.00
  • Lot Water Features: Waterfront Comm
  • Zoning: LE-R-6
  • Acres: 0.38
  • Deed Restriction: No
  • Environmental Hazard: No
  • Flood Zone: No
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: 38

Tax Info

  • Tax Identifier: 037kg038
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2019
Sold by
Davidson Kenneth and Davidson Ellen
Bought by
Davidson Kenneth
Current Estimated Value
$688,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Outstanding Balance
$310,724
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$377,875

Purchase Details

Listed on
Mar 27, 2016
Closed on
May 7, 2016
Sold by
Circelli Steven M and Circelli Kathleen
Bought by
Davidson Kenneth and Davidson Ellen
Seller's Agent
Buddy Blake
RE/MAX Essential
Buyer's Agent
Les Christensen
Coldwell Banker Sea Coast Advantage-Leland
List Price
$125,000
Sold Price
$95,000
Premium/Discount to List
-$30,000
-24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Davidson Kenneth -- Netco Inc
Davidson Kenneth $95,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Kenneth $352,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2016 05/27/16 Sold $95,000 -24.0% --
04/26/2016 04/26/16 Pending -- -- --
03/27/2016 03/27/16 For Sale $125,000 -- --
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 $4,229 $630,800 $185,000 $445,800
2024 $40 $625,640 $185,000 $440,640
2023 $3,527 $625,640 $185,000 $440,640
2022 $3,527 $435,010 $90,000 $345,010
2021 $0 $435,010 $90,000 $345,010
2020 $3,353 $435,010 $90,000 $345,010
2019 $2,346 $90,000 $90,000 $0
2018 $499 $70,000 $70,000 $0
2017 $499 $70,000 $70,000 $0
2016 $478 $70,000 $70,000 $0
2015 $456 $70,000 $70,000 $0
2014 $604 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100006866

Hive MLS

APN: 037KG038

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