NOT LISTED FOR SALE

138 Cove Side Ln Hampstead, NC 28443

Estimated Value: $1,071,000 - $1,305,000

0.47 Acre
$2,542,506 Price per Acre
20,473 Sq Ft Lot

Last Sold January 18, 2022

Last sale price $300,000

Est. 301% increase in value since last sale

Current estimated payment $7,181/month

289 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront Community
  • Boat Dock
  • North Topsail Elementary School Rated 9+
  • Water Views
  • Boat Slip

About This Lot

As of January 2022

Come build your dream house! 2nd row to the ICWW with awesome views! Access to community dock/pier and access to a shared pier. CAMA permit in hand for a platform boat slip! Nothing compares to being steps away from your boat and enjoying the waterway; visiting waterfront restaurants, a day anchored on a sandbar, fishing or a sunset cruise with your friends and family! Builder recommendations available!

Last Agent to Sell the Property

Lisa Mathews

RE/MAX Essential License #237916 Listed on: 03/01/2021

RE/MAX Essential

Last Buyer's Agent

Ronel Austin

Coastal Realty Associates LLC License #279308

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,801

Lot Details

  • 0.47 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Cleared Lot
  • Property is zoned PD

HOA Fees

  • $110 Monthly HOA Fees

Schools

  • Surf City Elementary And Middle School
  • Topsail High School

Additional Features

  • Water Views
  • In Flood Plain
  • Water Rights

Listing and Financial Details

  • Assessor Parcel Number 4224-12-9958-0000

Community Details

Overview

  • Kuester HOA
  • Pelican Sound Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Waterfront Community
  • Deeded Waterfront Access Rights
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$5,801

Lot Details

0

HOA Fees

$110 per month

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Private
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 209

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Dock, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Street Lights, Tax Comm Areas
  • Annual HOA: 1320.00
  • HOA Company: Kuester
  • HOA Phone: (888)-600-504

Lot Info

  • Deed Book: 3616
  • Deed Page: 208.00
  • Lot Description: Cul-de-Sac Lot, Deeded Water Rights, See Remarks, Subdivision
  • Lot Sq Ft: 20473.00
  • Lot Water Features: Boat Slip, Deeded Water Access, Deeded Water Rights, Water Access Comm, Waterfront Comm
  • Plat Book: 41
  • Plat Page: 142
  • Zoning: PD
  • Acres: 0.47
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 657446.81
  • Soil Evaluation Other: community system
  • Topography: Cleared, Flood Plain

Tax Info

  • Tax Identifier: 4224-12-9958-0000
  • Tax Year: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jan 7, 2022
Sold by
Dean Dull Mckinley and Dean Victoria L
Bought by
Ferrell Mark C and Ferrell Patricia A
Seller's Agent
Lisa Mathews
RE/MAX Essential
Buyer's Agent
Ronel Austin
Coastal Realty Associates LLC
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
$1,203,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$903,225
Avg. Annual Appreciation
49.12%

Purchase Details

Closed on
Apr 29, 2009
Sold by
Crescent State Bank
Bought by
Dull Mckinley Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,837,500
Interest Rate
5.01%
Mortgage Type
Purchase Money 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
Ferrell Mark C $300,000 Bailey & Busby Pllc
Dull Mckinley Dean $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrell Mark C $250,000
Previous Owner Dull Mckinley Dean $1,837,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $300,000 -2.9% --
12/15/2021 12/15/21 Pending -- -- --
09/16/2021 09/16/21 Price Changed $309,000 -4.9% --
08/18/2021 08/18/21 For Sale $325,000 0.0% --
07/29/2021 07/29/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $325,000 -- --
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 $5,801 $605,553 $123,740 $481,813
2023 $4,729 $501,142 $123,740 $377,402
2022 $1,030 $123,740 $123,740 $0
2021 $1,030 $123,740 $123,740 $0
2020 $1,030 $123,740 $123,740 $0
2019 $1,030 $123,740 $123,740 $0
2018 $1,605 $184,000 $184,000 $0
2017 $1,605 $184,000 $184,000 $0
2016 $1,587 $184,000 $184,000 $0
2015 $1,587 $184,000 $184,000 $0
2014 $1,232 $184,000 $184,000 $0
2013 -- $184,000 $184,000 $0
2012 -- $184,000 $184,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100259006

Hive MLS

APN: 4224-12-9958-0000