NOT LISTED FOR SALE

1015 Cordgrass Rd Hampstead, NC 28443

Estimated Value: $579,000 - $610,000

4 Beds
3.5 Baths
2,530 Sq Ft
$236/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $385,000 $152 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,395/month

88 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Boat Ramp
  • Wood Flooring
  • Topsail Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of December 2020

Freshly renovated home with deeded access to the Intracoastal Waterway in the highly desirable Olde Point subdivision. As you enter this home you will notice the recently refinished hardwood floors and the open living area. The kitchen has been completely remodeled including new appliances & cabinets! On the first floor you will also find the gracious master suite and two additional bedrooms. Upstairs there is an additional bedroom, a full bathroom, and a large bonus room which would be perfect for a home office. This home also has an additional 600 sqft of unfinished space upstairs that would allow for a variety of uses. A new 5-bedroom septic system installed in 2019 which can accommodate adding an additional bedroom. Home also has a new roof, new well pump, and new HVAC. Large backyard with plenty of space for boat storage. This home is currently on well water but county water is available. An optional pool and golf club membership can be obtained from Olde Point Country Club. This section of Olde Point has rights to use the Olde Point Marina water access, which is $250/year.

Last Agent to Sell the Property

Lois Potratz

Keller Williams Innovate-Wilmington Listed on: 07/28/2020

Co-Listed By

Michael Braton

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Ronel Austin

Coastal Realty Associates LLC License #279308

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,528

Year Built

  • Built in 1996

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 146x206x61x189
  • Corner Lot
  • Property is zoned PD

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,530 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Bonus Room
  • Crawl Space
  • Attic Floors

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry in Hall
  • Washer and Dryer Hookup

Parking

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Boat Ramp
  • Deck
  • Covered Patio or Porch

Location

  • Landlocked Lot

Utilities

  • Central Air
  • Heating Available
  • Well
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • Olde Point Subdivision

Listing and Financial Details

  • Tax Lot 7r
  • Assessor Parcel Number 4202-39-8773-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,528

Year Built

Built in 1996

Lot Details

0

HOA Fees

$8 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: Two
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Walk-In
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Vinyl, Wood, Tile
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 1st Floor Master, Walk-In Closet, Gas Logs, Ceiling Fan(s)
  • Laundry Location: Hall, Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 156.32
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: Second
  • Bonus Room Level: Second
  • Kitchen Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2530.00
  • Total Heated Primary Separate Sq Ft: 2530.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Aluminum Siding, Vinyl Siding
  • Fencing: None
  • Foundation: Block, Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Water Available, Septic On Site, Well Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: No Amenities
  • HOAAssociationFee1Year: 90.00

Schools

  • School District: Pender

Lot Info

  • Deed Page: 1982.00
  • Lot Acres: 0.45
  • Lot Description: Corner Lot, Land Locked
  • Lot Dimensions: 146x206x61x189
  • Lot Number: 7r
  • Lot Sq Ft: 19602.00
  • Lot Water Features: Boat Ramp, Deeded Water Access
  • Plat Book: 24
  • Plat Page: 63
  • Zoning: PD

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 4202-39-8773-0000
  • Tax Year: 2019
  • Total Real Estate Property Taxes: 2528.00

MLS Schools

  • School District: Pender

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Dec 1, 2020
Sold by
J & T Property Solutions Llc
Bought by
Greco Gary and Greco Alison
Seller's Agent
Lois Potratz
Keller Williams Innovate-Wilmington
Buyer's Agent
Ronel Austin
Coastal Realty Associates LLC
List Price
$474,000
Sold Price
$385,000
Premium/Discount to List
-$89,000
-18.78%
Current Estimated Value
$595,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,826
Avg. Annual Appreciation
9.56%
Original Mortgage
$337,555
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
May 15, 2018
Closed on
Aug 28, 2018
Sold by
Federal Home Loan Mortgage Corporation
Bought by
J And T Property Solutions Llc
Seller's Agent
Andy Rhoades
HomeTeam Real Estate
Buyer's Agent
Lois Potratz
Corcoran HM Properties
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.16%
Original Mortgage
$230,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2018
Sold by
Ingle Grady I
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 11, 2007
Sold by
Clark Karen and Clark Robert O
Bought by
Clark Karen and Clark Robert O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,250
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2005
Sold by
Dimeglio Michael L
Bought by
Dimeglio Karen L and Clark Robert O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Greco Gary $385,000 None Available
J And T Property Solutions Llc -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Clark Karen -- --
Dimeglio Karen L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greco Gary $337,555
Previous Owner J And T Property Solutions Llc $230,000
Previous Owner Clark Karen $263,250
Previous Owner Dimeglio Karen L $192,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2020 12/03/20 Sold $385,000 -18.8% $152 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $474,000 +131.2% $187 / Sq Ft
08/31/2018 08/31/18 Sold $205,000 +2.6% $75 / Sq Ft
08/13/2018 08/13/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $199,900 -- $73 / 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
2024 $2,732 $273,687 $83,792 $189,895
2023 $2,732 $273,687 $83,792 $189,895
2022 $1,993 $226,214 $83,792 $142,422
2021 $1,993 $226,214 $83,792 $142,422
2020 $2,528 $290,391 $83,792 $206,599
2019 $2,528 $290,391 $83,792 $206,599
2018 $2,519 $273,170 $71,500 $201,670
2017 $2,519 $273,170 $71,500 $201,670
2016 $2,491 $273,170 $71,500 $201,670
2015 $2,477 $273,170 $71,500 $201,670
2014 $1,939 $273,170 $71,500 $201,670
2013 -- $273,170 $71,500 $201,670
2012 -- $273,170 $71,500 $201,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100228897

Hive MLS

APN: 4202-39-8773-0000