NOT LISTED FOR SALE

2109 Laurel Oak Way Leland, NC 28451

Estimated Value: $545,252 - $580,000

0.33 Acre
$1,714,585 Price per Acre
14,375 Sq Ft Lot

Last Sold March 18, 2016

Last sale price $60,000

Est. 887% increase in value since last sale

Current estimated payment $3,584/month

553 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Picnic Area

About This Lot

As of March 2016

Magnolia Greens Golf Plantation. Low monthly amenity fee of $47.50 gives access to 2 outdoor pools, heated indoor pool, exercise and aerobics rooms, basketball-tennis courts, play area. 27 hole public golf course. 20 minutes to historic Wilmington and within one hour of 7 beaches. Wonderful 1/3 acre building lot is ready for your dream home.

Last Agent to Sell the Property

Eden Gilliam

Coldwell Banker Sea Coast Advantage-Leland License #64628 Listed on: 07/15/2014

Last Buyer's Agent

Eden Gilliam

Coldwell Banker Sea Coast Advantage-Leland License #64628 Listed on: 07/15/2014

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,544

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 88x143x115x143
  • Property is zoned PUD

HOA Fees

  • $48 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 219706371808

Community Details

Overview

  • Cepco HOA, Phone Number (910) 383-6260
  • Magnolia Greens Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$3,544

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 88

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • 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, Fitness Center, Golf Course, Maint - Comm Areas, Mgmt Fee, Picnic Grounds, Playground, Pool, Tax Comm Areas, Tennis
  • Annual HOA: 570.00
  • HOA Company: CEPCO
  • HOA Phone: (910) 383-6260

Schools

  • School District: Brunswick

Lot Info

  • Deed Book: 2118
  • Deed Page: 1354.00
  • Lot Dimensions: 88x143x115x143
  • Lot Number: 76
  • Lot Sq Ft: 14375.00
  • Zoning: PUD
  • Acres: 0.33
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Flood Zone: No
  • List Price per Acre: 211818.18
  • Soil Evaluation: Soil Evaluation - No
  • Topography: See Remarks
  • Lot Number2: 76

Tax Info

  • Tax Identifier: 219706371808
  • Tax Year: 2015

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2014
Closed on
Mar 11, 2016
Sold by
Sorbera Frank P and Sorbera Katrina A
Bought by
Wallen Michael D and Wallen Patricia L
Seller's Agent
Eden Gilliam
Coldwell Banker Sea Coast Advantage-Leland
Buyer's Agent
Eden Gilliam
Coldwell Banker Sea Coast Advantage-Leland
List Price
$69,900
Sold Price
$60,000
Premium/Discount to List
-$9,900
-14.16%
Current Estimated Value
$592,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532,028
Avg. Annual Appreciation
26.92%
Original Mortgage
$275,000
Interest Rate
3.75%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 23, 2005
Sold by
Landmark Development Inc
Bought by
Sorbera Frank P and Sobera Katrina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,055
Interest Rate
5.57%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Wallen Michael D $60,000 None Available
Sorbera Frank P $57,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallen Michael D $256,660
Closed Wallen Michael D $275,000
Previous Owner Sorbera Frank P $54,055
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $60,000 -14.2% --
01/19/2016 01/19/16 Pending -- -- --
07/15/2014 07/15/14 For Sale $69,900 -- --
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
2024 $3,544 $513,760 $75,000 $438,760
2023 $3,048 $513,760 $75,000 $438,760
2022 $3,048 $369,830 $65,000 $304,830
2021 $3,048 $369,830 $65,000 $304,830
2020 $2,900 $369,830 $65,000 $304,830
2019 $2,870 $66,980 $65,000 $1,980
2018 $2,524 $67,170 $65,000 $2,170
2017 $2,524 $67,170 $65,000 $2,170
2016 $444 $65,000 $65,000 $0
2015 $424 $65,000 $65,000 $0
2014 $426 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Eden Gilliam

    Coldwell Banker Sea Coast Advantage-Leland

See All Agents

Map

Source: Hive MLS

MLS Number: 30508988

Hive MLS

APN: 037FG016

North Carolina Brunswick County Leland 28451

2109 Laurel Oak Way, Leland, NC

This home is located at 2109 Laurel Oak Way, Leland, NC 28451 since 15 July 2014 and is currently estimated at $565,813. 2109 Laurel Oak Way is a home located in Brunswick County with nearby schools including Town Creek Elementary School, North Brunswick High School, and Classical Charter Schools of Leland.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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