NOT LISTED FOR SALE

1203 Waterfall Way Leland, NC 28451

Estimated Value: $607,000 - $649,000

3 Beds
2.5 Baths
3,100 Sq Ft
$203/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $638,000 $206 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,748/month

45 Days on Market

Highlights

  • Boat Dock
  • Home fronts a pond
  • Pond View
  • Fitness Center
  • Gated Community
  • Home fronts a canal

About This Home

As of June 2024

Waterfront living recently updated. Have you been wanting a house that you could fish from your backyard or your own private dock for your kayak? Move-in ready open floorplan with 3 bedrooms plus a large bonus room, and 2 1/2 bathrooms. You'll be delighted as you step in and see the beautiful new flooring and freshly painted throughout. The kitchen has new quartz countertops, breakfast bar with updated lighting, and a great backyard water view. The sunroom is heated and cooled providing a fabulous year round additional living space. Split bedrooms have the master bedroom separate from the guest bedrooms on the other side of the house. The master suite has custom painted separate sinks, walk-in shower, large tub, and a huge walk-in closet with natural light. Upstairs is a bonus room with built-in shelves and access to attic storage. Step out to the backyard and relax on your patio or your own dock. New roof in 2021, new water heater in 2022, and new HVAC in 2021. Waterford is a highly desired neighborhood located minutes from shopping, golf, restaurants, and approximately 30 minutes to Wrightsville Beach. Waterford has a resort style pool, clubhouse, volleyball, tennis courts, pickleball, bocce ball, acres of canals, and a lake, plus lots of bridges and sidewalk trails. This home is truly a must see and move-in ready!

Last Agent to Sell the Property

Regina Drury

Regina Drury Real Estate Group LLC License #225561 Listed on: 02/06/2024

Last Buyer's Agent

Living By The Coast

RE/MAX Executive License #C37005

RE/MAX Executive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,440

Year Built

  • Built in 2006

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 95x121x69x107
  • Home fronts a pond
  • Home fronts a canal
  • Property fronts a private road
  • Corner Lot
  • Irrigation
  • Property is zoned R6

HOA Fees

  • $124 Monthly HOA Fees

Property Views

  • Pond
  • Canal

Home Design

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

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Formal Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Breakfast Area or Nook
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Attached Garage
  • Side Facing Garage

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 037nk001

Community Details

Overview

  • Waterford Neighborhood Master Assoc. Association, Phone Number (910) 395-1500
  • Waterford Of The Carolinas Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,440

Year Built

Built in 2006

Lot Details

0

HOA Fees

$124 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: One and One Half
  • Year Built: 2006
  • Road Frontage Type: Canal Front, Pond Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Formal
  • Fireplace: 1
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Ceiling - Trey, Ceiling Fan(s), Gas Logs
  • Laundry Location: Room
  • List Price per Sq Ft: 211.29
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 10
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bonus Room Level: Second
  • Breakfast Nook Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sunroom Level: First
  • Sq Ft Heated: 3100.00
  • Total Heated Primary Separate Sq Ft: 3100.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Enclosed, Patio, Porch
  • Road Type Frontage: Private
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Attached, Garage Faces Side

Utilities

  • Cooling System: Central, Heat Pump
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: H2GO
  • Service Providers Water Provider: H2Go
  • Utilities: Municipal Sewer, Municipal Water, Natural Gas Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Fitness Center, Gated, Maint - Comm Areas, Maint - Roads, Pickleball, Playground, Tennis Court(s), Trail(s)
  • HOAAssociationFee1Year: 1492.00
  • HOAAssociationName: Waterford Neighborhood Master Assoc.
  • HOAAssociationPhone: 9103951500

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 56.00
  • Lot Acres: 0.24
  • Lot Description: Corner Lot
  • Lot Dimensions: 95x121x69x107
  • Lot Number: 1
  • Lot Sq Ft: 10454.00
  • Lot Water Features: Boat Dock
  • Plat Book: 32
  • Plat Page: 494
  • Zoning: R6
  • Lot View Type: Canal View, Pond View

Tax Info

  • Tax Identifier: 037nk001
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 3440.01

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Jun 3, 2024
Sold by
Rossi Robert R and Vosler Julia D
Bought by
Murphy Scott and Murphy Matt Lori
Seller's Agent
Regina Drury
Regina Drury Real Estate Group LLC
Buyer's Agent
Living By The Coast
RE/MAX Executive
List Price
$655,000
Sold Price
$638,000
Premium/Discount to List
-$17,000
-2.6%
Views
82
Current Estimated Value
$628,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,406
Avg. Annual Appreciation
0.73%

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 25, 2023
Sold by
Ludwig Jonathan S and Ludwig Jennifer B
Bought by
Rossi Robert R and Vosler Julia D
Seller's Agent
Michael Braddock
The Braddock Group, LLC
Buyer's Agent
Jill Shellman
Intracoastal Realty Corporation
List Price
$584,900
Sold Price
$571,900
Premium/Discount to List
-$13,000
-2.22%
Views
251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.41%
Original Mortgage
$371,900
Interest Rate
7.09%
Mortgage Type
VA

Purchase Details

Listed on
Dec 13, 2011
Closed on
Jan 10, 2012
Sold by
Merrill Jerry E and Merrill Anita C
Bought by
Ludwig Jonathan S and Ludwig Jennifer B
Seller's Agent
Steven Wahnsiedler
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Steven Wahnsiedler
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$304,000
Sold Price
$304,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$243,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2006
Sold by
Savannah Home Builders Llc
Bought by
Merrill Jerry E and Merrill Anita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,806
Interest Rate
6.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Murphy Scott $638,000 None Listed On Document
Rossi Robert R $572,000 None Listed On Document
Ludwig Jonathan S $304,000 None Available
Merrill Jerry E $376,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matt-Murphy Lori $250,000
Previous Owner Rossi Robert R $371,900
Previous Owner Ludwig Jonathan S $1,810,000
Previous Owner Ludwig Jonathan S $243,000
Previous Owner Merrill Jerry E $300,806
Previous Owner Merrill Jerry E $300,806
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $638,000 -2.6% $206 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $655,000 +14.5% $211 / Sq Ft
10/03/2023 10/03/23 Sold $571,900 -2.2% $201 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $584,900 +92.4% $205 / Sq Ft
01/23/2012 01/23/12 Sold $304,000 0.0% $107 / Sq Ft
12/13/2011 12/13/11 Pending -- -- --
12/13/2011 12/13/11 For Sale $304,000 -- $107 / 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 -- $535,620 $135,000 $400,620
2024 $3,653 $531,470 $135,000 $396,470
2023 $3,314 $531,470 $135,000 $396,470
2022 $0 $406,000 $70,000 $336,000
2021 $2,960 $406,000 $70,000 $336,000
2020 $2,960 $400,650 $70,000 $330,650
2019 $2,960 $75,150 $70,000 $5,150
2018 $2,623 $73,880 $70,000 $3,880
2017 $2,623 $73,880 $70,000 $3,880
2016 $2,482 $73,880 $70,000 $3,880
2015 $2,373 $341,440 $70,000 $271,440
2014 $2,037 $309,201 $80,000 $229,201
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100425972

Hive MLS

APN: 037NK001