NOT LISTED FOR SALE

1016 Cordgrass Rd Hampstead, NC 28443

Estimated Value: $738,609 - $800,000

1.26 Acres
$607,859 Price per Acre
54,886 Sq Ft Lot

Last Sold March 02, 2020

Last sale price $78,000

Est. 882% increase in value since last sale

Current estimated payment $4,662/month

113 Days on Market

Highlights

  • 1.26 Acre Lot
  • Wooded Lot
  • Maintained Community
  • Topsail Elementary School Rated A-

About This Lot

As of March 2020

Beautiful private lot with deeded water rights to the Intracoastal Waterway. This large over 1 acre lot is situated on high bluff with plenty of privacy. No one can build behind you! Secluded in the waterfront community of Olde Point (HOA only $90/year), this elevated lot offers a variety of options.. Desirable Topsail school disctrict and minutes from Wilmington, Jacksonville and Topsail Island. There is a boat ramp just 2 blocks away! 4 bedroom septic permit on file and survey has been done. This lot is ready to build!

Last Agent to Sell the Property

Andrew Smith

Coastal Realty Associates LLC Listed on: 09/27/2019

Last Buyer's Agent

Etta Adams

Etta Adams Realty License #28878

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,263

Year Built

  • 2022

Lot Details

  • 1.26 Acre Lot
  • Property fronts a private road
  • Wooded Lot
  • Property is zoned PD

HOA Fees

  • $8 Monthly HOA Fees

Schools

  • Topsail Elementary And Middle School
  • Topsail High School

Utilities

  • Water Rights

Community Details

  • Olde Point Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 4203-30-8037-0000

Property Details

Property Type

Land

Est. Annual Taxes

$4,263

Year Built

2022

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Exterior Features

  • Road Type Frontage: Paved, Private
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 80

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Mgmt Fee
  • HOAAssociationFee1Year: 90.00

Schools

  • School District: Pender

Lot Info

  • Deed Page: 2508.00
  • Lot Description: Deeded Water Rights, Wooded
  • Lot Sq Ft: 54886.00
  • Plat Book: 24
  • Plat Page: 63
  • Zoning: PD
  • Acres: 1.26
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 70436.51
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Wooded

Tax Info

  • Tax Identifier: 4203-30-8037-0000
  • Tax Year: 2018

MLS Schools

  • Elementary School: Topsail
  • High School: Topsail
  • Middle School: Topsail
  • School District: Pender

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Feb 24, 2020
Sold by
Logsdon Keith R and Logsdon Denise M
Bought by
Oh Sarah E and Barnes David Thomas
Seller's Agent
Andrew Smith
Coastal Realty Associates LLC
Buyer's Agent
Etta Adams
Etta Adams Realty
List Price
$88,750
Sold Price
$78,000
Premium/Discount to List
-$10,750
-12.11%
Total Days on Market
113
Current Estimated Value
$765,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,902
Avg. Annual Appreciation
54.39%
Original Mortgage
$58,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2016
Sold by
Ward Jason and Ward Anita
Bought by
Logsdon Keith R and Logsdon Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
3.57%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 30, 2002
Bought by
Ward Jason
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Oh Sarah E $78,000 None Available
Logsdon Keith R $95,000 None Available
Ward Jason $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oh Sarah E $527,000
Closed Oh Sarah E $58,500
Previous Owner Logsdon Keith R $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $78,000 -12.1% --
01/18/2020 01/18/20 Pending -- -- --
09/27/2019 09/27/19 For Sale $88,750 -- --
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 $4,263 $439,232 $115,009 $324,223
2023 $3,198 $345,713 $115,009 $230,704
2022 $957 $115,009 $115,009 $0
2021 $957 $115,009 $115,009 $0
2020 $957 $115,009 $115,009 $0
2019 $957 $115,009 $115,009 $0
2018 $567 $65,000 $65,000 $0
2017 $567 $65,000 $65,000 $0
2016 $561 $65,000 $65,000 $0
2015 $561 $65,000 $65,000 $0
2014 $435 $65,000 $65,000 $0
2013 -- $65,000 $65,000 $0
2012 -- $65,000 $65,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100186109

Hive MLS

APN: 4203-30-8037-0000