NOT LISTED FOR SALE

1316 Arbor Ridge Way Leland, NC 28451

Estimated Value: $317,000 - $334,000

2 Beds
2 Baths
1,544 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $325,000 $210 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,938/month

10 Days on Market

Highlights

  • Golf Course Community
  • Indoor Pool
  • Vaulted Ceiling
  • Fitness Center
  • Clubhouse
  • Wood Flooring

About This Home

As of April 2024

This 2-bedroom, 2-bathroom townhome offers a range of desirable features including a sunroom, garage, and glassed-in, heated and cooled, bsunroom for additional living space. Inside, you'll find hardwood floors, a kitchen with granite countertops and all appliances included, as well as a cozy gas log fireplace in the living room. The primary bedroom boasts a walk-in closet and bath with lovely bead board accents, while the laundry room offers additional storage. Enjoy carefree living with landscaping and exterior maintenance included, along with access to incredible amenities such as a remodeled clubhouse, indoor and outdoor pools, fitness center, and more. Conveniently located near shopping, dining, medical offices, and a short drive to Wilmington and area beaches.

Last Agent to Sell the Property

Tracy Swanson

Swanson Realty-Brunswick County License #237678 Listed on: 03/15/2024

Co-Listed By

Becky Locke

Swanson Realty-Brunswick County License #345218

Last Buyer's Agent

Lakeisha McBee

Coldwell Banker Sea Coast Advantage License #345891

Coldwell Banker Sea Coast Advantage

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,442

Year Built

  • Built in 2005

Lot Details

  • 2,134 Sq Ft Lot
  • Lot Dimensions are 28x75x28x75
  • Property fronts a private road

HOA Fees

  • $61 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,544 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Sun or Florida Room

Kitchen

  • Stove
  • Built-In Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Indoor Pool
  • Covered Patio or Porch

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 037id054

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Magolia Greens Association, Phone Number (910) 395-1500
  • Three Oaks Association, Phone Number (910) 395-1500
  • Magnolia Greens Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,442

Year Built

Built in 2005

Lot Details

0

HOA Fees

$61 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Brick/Stone
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling - Vaulted, Ceiling Fan(s), Pantry, Walk-in Shower, Walk-In Closet
  • Laundry Location: Hookup - Dryer, Hookup - Washer, Room
  • List Price per Sq Ft: 213.08
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 9
  • Sq Ft Heated: 1544.00
  • Total Heated Primary Separate Sq Ft: 1544.00

Exterior Features

  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Private
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Concrete, Garage Door Opener, Garage Faces Front

Utilities

  • Appliances Equipment: Microwave - Built-In, Refrigerator, Stove/Oven - Electric
  • Cooling System: Heat Pump
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Barbecue, Clubhouse, Fitness Center, Golf Course, Indoor Pool, Maint - Grounds, Maintenance Structure, Master Insure, Pest Control, Pickleball, Restaurant, Roof, Security, Sidewalk, Street Lights, Tennis Court(s), Termite Bond
  • HOAAssociationFee1Year: 730.00
  • HOAAssociationFee2Year: 4152.00
  • HOAAssociationName: Magolia Greens
  • HOAAssociationName2: Three Oaks
  • HOAAssociationPhone: 9103951500
  • HOAAssociationPhone2: 9103951500

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 985.00
  • Lot Acres: 0.05
  • Lot Dimensions: 28X75X28X75
  • Lot Number: 41
  • Lot Sq Ft: 2134.00
  • Plat Book: 33
  • Plat Page: 19
  • Zoning: PUD

Tax Info

  • Tax Identifier: 037id054
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 1442.24

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 18, 2024
Sold by
Alexander Delores H
Bought by
Douglas-Hedges Betty Jean
Seller's Agent
Tracy Swanson
Swanson Realty-Brunswick County
Buyer's Agent
Lakeisha McBee
Coldwell Banker Sea Coast Advantage
List Price
$329,000
Sold Price
$325,000
Premium/Discount to List
-$4,000
-1.22%
Views
332
Current Estimated Value
$323,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,875
Avg. Annual Appreciation
-0.40%
Original Mortgage
$309,294
Outstanding Balance
$304,673
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$18,452

Purchase Details

Listed on
Aug 20, 2021
Closed on
Sep 13, 2021
Sold by
Mcgee Jean W
Bought by
Alexander Delores H and Hickfang Patricia A
Seller's Agent
Laura Mathis
Coldwell Banker Sea Coast Advantage-Leland
Buyer's Agent
Tracy Swanson
Swanson Realty-Brunswick County
List Price
$260,000
Sold Price
$276,000
Premium/Discount to List
$16,000
6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$210,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2005
Sold by
Hagood Homes Of Wilmington Inc
Bought by
Mcgee Jean W
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
Douglas-Hedges Betty Jean $329,000 None Listed On Document
Douglas-Hedges Betty Jean $329,000 None Listed On Document
Alexander Delores H $276,000 None Available
Mcgee Jean W $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas-Hedges Betty Jean $309,294
Closed Douglas-Hedges Betty Jean $309,294
Previous Owner Alexander Delores H $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2024 04/23/24 Sold $325,000 -1.2% $210 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $329,000 +19.2% $213 / Sq Ft
09/23/2021 09/23/21 Sold $276,000 +6.2% $173 / Sq Ft View Prior Sale
08/23/2021 08/23/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $260,000 -- $163 / 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 $1,972 $289,570 $50,000 $239,570
2024 $1,972 $289,570 $50,000 $239,570
2023 $1,509 $289,570 $50,000 $239,570
2022 $1,509 $182,820 $55,000 $127,820
2021 $0 $176,750 $55,000 $121,750
2020 $779 $176,750 $55,000 $121,750
2019 $764 $55,660 $55,000 $660
2018 $678 $40,790 $40,000 $790
2017 $681 $40,790 $40,000 $790
2016 $635 $40,790 $40,000 $790
2015 $609 $159,200 $40,000 $119,200
2014 $577 $159,809 $40,000 $119,809
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100433169

Hive MLS

APN: 037ID054