NOT LISTED FOR SALE

113 Palm Cottage Dr Hampstead, NC 28443

Estimated Value: $425,000 - $490,000

3 Beds
2.5 Baths
2,200 Sq Ft
$205/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $429,900 $195 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,730/month

21 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Walk-In Closet
  • South Topsail Elementary School Rated A-
  • Fenced Yard
  • Open Patio

About This Home

As of October 2023

113 Palm Cottage is a cute 3 bedroom 2 1/2 bathroom 2200 sqft house in the Washington Acres area of Southern Hampstead just 5 miles from Northern Wilmington. LVP flooring downstairs, living room with propane fireplace and combination dining room. Kitchen has a space for a breakfast table, appliances are 2019 Whirlpool models. Off the main living space is a 1/2 bathroom and also off the main living space is a small hallway to the garage and laundry room. (yes washer and dryer convey with the sale of the house). Upstairs are the 3 bedrooms as well as a large front room over the garage (FROG). Can't be called a bedroom but definitely a large office or playroom.Master bedroom has a walk in closet and full master bathroom. Master bath has double vanity sinks, walk in shower, and large soaking garden tub. Bedroom two has a double door closet as well as another closet for extra storage. Bedroom 3 down the hall also has a double door closet for storage and clothes. Outdoor space is quiet and large. Mature trees, fully fenced in, shaded, and away from any Rt 17 road noise. Home has NEVER BEEN AFFECTED by any flooding in the garage or anywhere in the house.Roof is a 2019, HVAC is original however is insured by 2-10 home warranty with the complete HVAC coverage and has been certified. Hot water heater is a 2023, Kinetico water softener is a 2023 and has a 2 year warrantyShowings are easy to schedule....

Last Agent to Sell the Property

Michael Rheel

Berkshire Hathaway HomeServices Carolina Premier Properties License #288975 Listed on: 09/06/2023

Berkshire Hathaway HomeServices Carolina Premier Properties

Last Buyer's Agent

Kraig Marquis

Keller Williams Innovate-Wilmington

Keller Williams Innovate-Wilmington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,525

Year Built

  • Built in 2005

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 229x90
  • Property fronts a private road
  • Fenced Yard
  • Wood Fence
  • Chain Link Fence
  • Property is zoned R20C

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Deck
  • Open Patio

Schools

  • South Topsail Elementary School
  • Topsail Middle School
  • Topsail High School

Utilities

  • Heat Pump System
  • Propane
  • Well
  • Electric Water Heater
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • Priestly Association, Phone Number (910) 509-7276
  • Cottages At Island Palms Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 3281-98-1625-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,525

Year Built

Built in 2005

Lot Details

0

HOA Fees

$46 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: 2005
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, LVT/LVP, Tile
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: Blinds/Shades, Pantry, Smoke Detectors, Walk-in Shower, Walk-In Closet
  • Laundry Location: Room
  • List Price per Sq Ft: 195.41
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Sq Ft Heated: 2200.00
  • Total Heated Primary Separate Sq Ft: 2200.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard, Chain Link, Wood
  • Foundation: Slab
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Private
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Heat Pump
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Septic On Site, Well Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Maint - Roads, Street Lights
  • HOAAssociationFee1Year: 546.00
  • HOAAssociationName: priestly
  • HOAAssociationPhone: 9105097276

Lot Info

  • Deed Page: 2766.00
  • Lot Acres: 0.47
  • Lot Dimensions: 229X90
  • Lot Sq Ft: 20473.00
  • Plat Book: 39
  • Plat Page: 21
  • Zoning: R20C

Tax Info

  • Tax Identifier: 3281-98-1625-0000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 2524.53

MLS Schools

  • Elementary School: South Topsail
  • High School: Topsail
  • Middle School: Topsail

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 20, 2023
Sold by
Solter John Eric and Solter Samantha
Bought by
Gurganus Tyler and Halliwell David
Seller's Agent
Michael Rheel
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Kraig Marquis
Keller Williams Innovate-Wilmington
List Price
$439,900
Sold Price
$429,900
Premium/Discount to List
-$10,000
-2.27%
Views
100
Current Estimated Value
$451,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,268
Avg. Annual Appreciation
2.63%
Original Mortgage
$386,910
Outstanding Balance
$380,700
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$70,468

Purchase Details

Listed on
Jun 30, 2019
Closed on
Nov 18, 2019
Sold by
Mclamb Kenneth Demo and Mclamb Cindy
Bought by
Solter John Eric and Solter Samantha
Seller's Agent
Kenneth McLamb
Southern Heritage Realty LLC
Buyer's Agent
Sandra Chisholm
Coastal Realty Associates LLC
List Price
$289,900
Sold Price
$265,000
Premium/Discount to List
-$24,900
-8.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%
Original Mortgage
$270,697
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Listed on
Mar 1, 2019
Closed on
Apr 18, 2019
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mclamb Kenneth Deno
Seller's Agent
Tom Gale
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Kenneth McLamb
Southern Heritage Realty LLC
List Price
$192,900
Sold Price
$180,600
Premium/Discount to List
-$12,300
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.95%

Purchase Details

Closed on
Aug 29, 2018
Sold by
Dahlberg Jennifer L and Dahlberg Douglas B
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 28, 2007
Sold by
Dahlberg Jennifer
Bought by
Dahlberg Douglas

Purchase Details

Closed on
Dec 28, 2005
Sold by
Ashley Turner Building Co Inc
Bought by
Dahlberg Jennifer L and Dahlberg Douglas B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,800
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 26, 2005
Sold by
Colorado Coastal Development Llc
Bought by
Ashley Turner Building Co Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.79%
Mortgage Type
Construction
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
Gurganus Tyler $430,000 None Listed On Document
Solter John Eric $265,000 None Available
Mclamb Kenneth Deno -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Dahlberg Douglas -- --
Dahlberg Jennifer L $252,000 --
Ashley Turner Building Co Inc $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gurganus Tyler $386,910
Previous Owner Solter John Eric $270,697
Previous Owner Dahlberg Jennifer L $226,800
Previous Owner Ashley Turner Building Co Inc $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $429,900 0.0% $195 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/25/2023 09/25/23 Price Changed $429,900 -1.9% $195 / Sq Ft
09/25/2023 09/25/23 Price Changed $438,400 -0.3% $199 / Sq Ft
09/06/2023 09/06/23 For Sale $439,900 +66.0% $200 / Sq Ft
11/18/2019 11/18/19 Sold $265,000 -8.6% $120 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
06/30/2019 06/30/19 For Sale $289,900 +60.5% $132 / Sq Ft
04/23/2019 04/23/19 Sold $180,600 -6.4% $82 / Sq Ft
04/09/2019 04/09/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $192,900 -- $88 / 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 $2,761 $276,821 $54,989 $221,832
2023 $2,761 $276,821 $54,989 $221,832
2022 $2,525 $276,821 $54,989 $221,832
2021 $2,525 $276,821 $54,989 $221,832
2020 $2,525 $276,821 $54,989 $221,832
2019 $2,525 $276,821 $54,989 $221,832
2018 $2,368 $246,180 $50,000 $196,180
2017 $2,368 $246,180 $50,000 $196,180
2016 $2,343 $246,180 $50,000 $196,180
2015 $2,308 $246,180 $50,000 $196,180
2014 $1,821 $246,180 $50,000 $196,180
2013 -- $246,180 $50,000 $196,180
2012 -- $246,180 $50,000 $196,180
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100403516

Hive MLS

APN: 3281-98-1625-0000