$2,500,000
SOLD MAR 7, 2025

409 Cole Dr Hampstead, NC 28443

2.39 Acres
$1,046,025 Price per Acre
104,108 Sq Ft Lot

Recently Sold

$485 Per Sq Ft

11% Below List Price

933 Days on Market

Highlights

  • 304 Feet of Waterfront
  • Views of a Sound
  • 2.39 Acre Lot
  • North Topsail Elementary School Rated 9+
  • Boat Dock
  • Corner Lot

About This Lot

As of March 2025

Spacious Intracoastal waterfront property with 300 feet on the waterway. This property has a main residence as well as an in-law suite, a downstairs guest quarters, and an attached indoor pool building. The original home was moved off of Wrightsville Beach in the 1980s and has the charm of older beach cottages. Private dock and gazebo on the waterway. Large porches around the house as well as a screened porch on the inland side. If the house is removed, this property could be developed into multiple lots.

Last Agent to Sell the Property

Lee Crouch

Intracoastal Realty Corp License #58554 Listed on: 08/02/2022

Intracoastal Realty Corp

Last Buyer's Agent

Michael Benton

Intracoastal Realty Corp License #301628

Intracoastal Realty Corp

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,251

Lot Details

  • 2.39 Acre Lot
  • Lot Dimensions are 300 x 367 x 304 x 329
  • Property fronts a marsh
  • 304 Feet of Waterfront
  • Property fronts a private road
  • Corner Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Property is zoned RP

Property Views

  • Views of a Sound
  • Intracoastal Views

Location

  • In Flood Plain

Schools

  • North Topsail Elementary School
  • Topsail Middle School
  • Topsail High School

Utilities

  • Propane
  • Water Rights
  • Well
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4213-57-1775-0000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$6,251

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: ICW Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Private, Unpaved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 329
  • Water Frontage: 304.00

Utilities

  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Leased
  • Utilities: Septic On Site, Well Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 30.00
  • Lot Description: Corner Lot, Partially Cleared, Deeded Water Rights
  • Lot Dimensions: 300 x 367 x 304 x 329
  • Lot Sq Ft: 104108.00
  • Lot Water Features: Boat Dock
  • Plat Book: 26
  • Plat Page: 10
  • Zoning: RP
  • Acres: 2.39
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 1171548.12
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Rolling, Flood Plain
  • Lot View Type: ICW View, Sound View, Water View, Marsh View

Tax Info

  • Tax Identifier: 4213-57-1775-0000
  • Tax Year: 2021
  • Deferred Taxes: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Feb 26, 2025
Sold by
Trust Special And All Trusts and Lewis Richard Alan
Bought by
Delamar Nc Ii Llc
Seller's Agent
Lee Crouch
Intracoastal Realty Corp
Buyer's Agent
Michael Benton
Intracoastal Realty Corp
List Price
$2,800,000
Sold Price
$2,500,000
Premium/Discount to List
-$300,000
-10.71%
Views
472
Current Estimated Value
$1,853,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$646,108
Avg. Annual Appreciation
-55.43%
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 Type Sale Price Title Company
Special Warranty Deed $2,500,000 None Listed On Document
Special Warranty Deed $2,500,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $245,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Price Changed $2,800,000 0.0% $1,539 / Sq Ft
03/11/2025 03/11/25 For Sale $2,800,000 +12.0% $1,539 / Sq Ft
03/07/2025 03/07/25 Sold $2,500,000 0.0% $485 / Sq Ft
03/07/2025 03/07/25 Sold $2,500,000 -10.7% $1,374 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/05/2025 02/05/25 Off Market $2,800,000 -- --
07/12/2024 07/12/24 Pending -- -- --
07/12/2024 07/12/24 Pending -- -- --
11/02/2023 11/02/23 For Sale $2,800,000 0.0% $1,539 / Sq Ft
11/02/2023 11/02/23 For Sale $2,800,000 0.0% $543 / Sq Ft
11/01/2023 11/01/23 Off Market $2,800,000 -- --
11/01/2023 11/01/23 Off Market $2,500,000 -- --
12/07/2022 12/07/22 Price Changed $2,800,000 0.0% $543 / Sq Ft
11/28/2022 11/28/22 Price Changed $2,800,000 -6.7% $1,539 / Sq Ft
08/02/2022 08/02/22 For Sale $3,000,000 0.0% $582 / Sq Ft
02/02/2022 02/02/22 For Sale $3,000,000 -- $1,649 / 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 $6,251 $654,138 $518,119 $136,019
2023 $5,556 $654,138 $518,119 $136,019
2022 $5,556 $654,138 $518,119 $136,019
2021 $5,556 $654,138 $518,119 $136,019
2020 $5,556 $654,138 $518,119 $136,019
2019 $4,785 $561,537 $518,119 $43,418
2018 $8,640 $977,609 $779,700 $197,909
2017 $8,640 $977,609 $779,700 $197,909
2016 $8,542 $977,609 $779,700 $197,909
2015 $8,524 $977,609 $779,700 $197,909
2014 $6,631 $977,609 $779,700 $197,909
2013 -- $977,609 $779,700 $197,909
2012 -- $977,609 $779,700 $197,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100342173

Hive MLS

APN: 4213-57-1775-0000