$785,000
SOLD AUG 14, 2025

109 Drake Rd Hampstead, NC 28443

3 Beds
3 Baths
2,613 Sq Ft
0.46 Acres

Recently Sold

$300 Per Sq Ft

6% Below List Price

70 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Deck
  • Main Floor Primary Bedroom
  • North Topsail Elementary School Rated 9+
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of August 2025

DEEDED DEEP WATER RAMP ACCESS! Discover the perfect blend of character and functionality in this one-of-a-kind 3 bedroom + office + extra den/family room home, featuring an additional 1758 sq/ft garage and workshop area ideal for hobbyists, boaters, or storage. Also wired for a 50 amp RV camper. Nestled in desirable Mallard Bay, this property includes deeded deep-water access, providing effortless entry to the water and quick access to the ICW for boating, fishing, or relaxing on a local barrier island. Ramp access is literally 2/10 of a mile from the home. An enclosed outdoor shower for rinsing off after a day on the boat is located right off a covered patio with outdoor TV..Inside, you'll find thoughtfully designed living spaces with unique architectural details, and an inviting open floor plan. The primary suite includes a large walk in closet, ensuite spa-like bath and private access to a covered back deck. The well-equipped kitchen includes all appliances, solid wood cabinets & large pantry. Sitting high on pilings this home provides the feeling of living in a treehouse while relaxing on one of the multiple decks. The top floor includes its own HVAC, bedroom w/ reading nook, full bath, family room, an office/4th br & private balcony. Almost two houses in one! The most traffic you are likely to see in Mallard Bay is golf carts darting to and from the water and/or neighbors. Whether you're seeking a primary residence, a vacation retreat, or an investment opportunity, this home delivers the best of coastal living. Custom built with 2x6 exterior walls, 5'' gutters w/ buried downspouts to manage runoff, stainless gutter guards, metal valleys on roof, this home is built to withstand the coastal environment allowing a new owner much peace of mind and enjoyment. Located in the desirable Topsail schools district & minutes from Ironclad Brewery and Golf Course. An additional 25 ft of waterfront to include a wet slip is available for purchase. Please inquire.

Last Agent to Sell the Property

Dana Little

Berkshire Hathaway HomeServices Carolina Premier Properties License #228012 Listed on: 04/08/2025

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Troy Cutter

Berkshire Hathaway HomeServices Carolina Premier Properties License #359794

Berkshire Hathaway HomeServices Carolina Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,040

Year Built

  • Built in 2007

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 102x195x102x195
  • Property is zoned RP

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,613 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Workshop

Kitchen

  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Lighted Parking
  • Side Facing Garage

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Deck
  • Covered Patio or Porch

Schools

  • North Topsail Elementary School
  • Surf City Middle School
  • Topsail High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Mallard Bay Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 4213-25-0394-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,040

Year Built

Built in 2007

Lot Details

0

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: 2007
  • Trash Collection: Private Service
  • Road Frontage Type: See Remarks
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: Blinds/Shades, Solid Surface, Workshop, Walk-In Closet(s), Walk-in Shower, Pantry, Entrance Foyer, High Ceilings
  • Laundry Location: Laundry Room
  • List Price per Sq Ft: 319.56
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Upper
  • Dining Room Level: Main
  • Family Room Level: Upper
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Office Level: Upper
  • Other Level: Upper
  • Sq Ft Heated: 2613.00
  • Total Heated Primary Separate Sq Ft: 2613.00
  • Estimated Below Grade Sq Ft: 1758.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Fiber Cement, Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Patio, Porch, Open, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking R V Boat Spaces: 1.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Attached, Garage Faces Side, See Remarks, Lighted

Utilities

  • Appliances Equipment: Built-In Microwave, Refrigerator, Electric Oven, Disposal, Dishwasher
  • Cooling System: Heat Pump, Zoned
  • Heating System: Forced Air, Zoned, Heat Pump
  • Utilities: Cable Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 188.00
  • Lot Acres: 0.46
  • Lot Dimensions: 102x195x102x195
  • Lot Number: 5
  • Lot Sq Ft: 20038.00
  • Lot Water Features: Deeded Water Access
  • Plat Book: 18
  • Plat Page: 12
  • Special Assessments: None known at time of listing
  • Zoning: RP

Tax Info

  • Tax Identifier: 4213-25-0394-0000
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 4040.22

MLS Schools

  • Elementary School: North Topsail
  • High School: Topsail
  • Middle School: Surf City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
Aug 4, 2025
Sold by
Adams William E and Adams Mary D
Bought by
Cutter Troy and Cutter Chanelle
Seller's Agent
Dana Little
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Troy Cutter
Berkshire Hathaway HomeServices Carolina Premier Properties
List Price
$835,000
Sold Price
$785,000
Premium/Discount to List
-$50,000
-5.99%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.46%
Original Mortgage
$695,840
Outstanding Balance
$695,840
Interest Rate
6.67%
Mortgage Type
VA
Estimated Equity
$125,623

Purchase Details

Closed on
Apr 5, 2004
Bought by
Adams William E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $785,000 None Listed On Document
Warranty Deed $785,000 None Listed On Document
Deed $34,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $695,840 VA
Closed $695,840 VA
Previous Owner $50,000 Credit Line Revolving
Previous Owner $213,000 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $216,900 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Sold $785,000 -6.0% $300 / Sq Ft
06/17/2025 06/17/25 Pending -- -- --
04/19/2025 04/19/25 For Sale $835,000 0.0% $320 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $835,000 -- $320 / 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 $4,040 $415,159 $115,568 $299,591
2023 $3,676 $415,159 $115,568 $299,591
2022 $3,676 $415,159 $115,568 $299,591
2021 $3,676 $415,159 $115,568 $299,591
2020 $3,676 $415,159 $115,568 $299,591
2019 $3,676 $415,159 $115,568 $299,591
2018 $3,011 $319,905 $58,000 $261,905
2017 $3,011 $319,905 $58,000 $261,905
2016 $2,984 $319,905 $58,000 $261,905
2015 $2,950 $319,905 $58,000 $261,905
2014 $2,319 $319,905 $58,000 $261,905
2013 -- $319,905 $58,000 $261,905
2012 -- $319,905 $58,000 $261,905
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100499652

Hive MLS

APN: 4213-25-0394-0000