NOT LISTED FOR SALE

1221 Waterfall Way Leland, NC 28451

Estimated Value: $576,205 - $622,000

4 Beds
3 Baths
2,587 Sq Ft
$230/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $357,000 $138 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,639/month

36 Days on Market

Highlights

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

About This Home

As of March 2019

This well-maintained, all brick home on the water in Waterford is a must see! As a second home it has been lightly used and boasts a long list of exceptional qualities such as gorgeous wood floors in the main living areas, an open plan, spacious kitchen w/ granite countertops, 42'' cabinets, stainless appliances with refrigerator, a large pantry, an all-season sunroom with stamped concrete, a private dock to launch and store your kayak, large living room with a gas fireplace, a formal dining room with wainscoting and crown molding and a master suite on the first floor with a spacious walk-in closet, tiled shower & separate soaking tub. The following items will convey: washer, dryer, kayak, canoe, push mower, grill and barstools. You will love calling Waterford home

Last Agent to Sell the Property

Tim Kelly

RE/MAX Essential Listed on: 01/22/2019

Last Buyer's Agent

Bobby Miller

Intracoastal Realty Corp License #287130

Intracoastal Realty Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,591

Year Built

  • Built in 2008

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 68x120x98x126
  • Home fronts a pond
  • Home fronts a canal
  • Property fronts a private road
  • Irrigation
  • Property is zoned LE-R-6

HOA Fees

  • $98 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,587 Sq Ft Home
  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Water Views
  • Attic Access Panel

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 037nk008

Community Details

Overview

  • Waterford Of The Carolinas Subdivision
  • Maintained Community

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,591

Year Built

Built in 2008

Lot Details

0

HOA Fees

$98 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2008
  • Road Frontage Type: Canal Front, Pond Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Walk-In Closet, Foyer, Pantry, Gas Logs, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 140.70
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bedroom 4 Level: Second
  • Breakfast Nook Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2587.00
  • Total Heated Primary Separate Sq Ft: 2587.00

Exterior Features

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

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Playground, Tennis Court(s), Street Lights, Sidewalk, Maint - Comm Areas, Gated, Fitness Center, Community Pool
  • HOAAssociationFee1Year: 1176.00

Schools

  • School District: Brunswick

Lot Info

  • Deed Page: 547.00
  • Lot Acres: 0.21
  • Lot Dimensions: 68x120x98x126
  • Lot Number: 8
  • Lot Sq Ft: 9148.00
  • Lot Water Features: Boat Dock
  • Plat Book: 36
  • Plat Page: 367
  • Special Assessments: $100.00 For June 2019
  • Zoning: LE-R-6

Tax Info

  • Tax Identifier: 037nk008
  • Tax Year: 2017

MLS Schools

  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2020
Sold by
Chapman William D and Chapman Maryann H
Bought by
Schulz Reid and Schulz Kristin
Current Estimated Value
$596,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Outstanding Balance
$317,396
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$278,655

Purchase Details

Listed on
Jan 22, 2019
Closed on
Mar 27, 2019
Sold by
Charles P Rotuno Revocable Trust
Bought by
Chapman William D and Chapman Maryann H
Seller's Agent
Tim Kelly
RE/MAX Essential
Buyer's Agent
Bobby Miller
Intracoastal Realty Corp
List Price
$364,000
Sold Price
$357,000
Premium/Discount to List
-$7,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$321,300
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2009
Sold by
Savannah Home Builders Llc
Bought by
Rotuno Charles E
Source: Public Records

Range of Values:

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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
Schulz Reid $357,000 None Available
Chapman William D $357,000 None Available
Rotuno Charles E $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schulz Reid $100,000
Open Schulz Reid $357,000
Previous Owner Chapman William D $321,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $357,000 -1.9% $138 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $364,000 -- $141 / 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 $3,591 $521,340 $135,000 $386,340
2024 $3,591 $521,340 $135,000 $386,340
2023 $2,997 $521,340 $135,000 $386,340
2022 $2,997 $362,890 $70,000 $292,890
2021 $2,997 $362,890 $70,000 $292,890
2020 $2,822 $362,890 $70,000 $292,890
2019 $2,822 $74,630 $70,000 $4,630
2018 $2,549 $72,370 $70,000 $2,370
2017 $2,549 $72,370 $70,000 $2,370
2016 $2,411 $72,370 $70,000 $2,370
2015 $2,305 $330,770 $70,000 $260,770
2014 $2,058 $312,810 $80,000 $232,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100147038

Hive MLS

APN: 037NK008