Sold Dec 16, 2021
$370,500
$296,200
by North State Bank
Mortgage Due Jan 01, 2052
Sold May 26, 2021
$370,500
$277,687
by North State Bank
Mortgage Due Jun 01, 2051
206 Palm Cottage Drive has been categorized by the local assessors in Hampstead, NC as a residential type of property.
The building on the property was first built in 2005 and is 19 years old.
The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms.
Residents will have access to 2 full bathrooms.
There are 3 partial bathrooms in the home.
The building has a total of 2 stories.
In addition, 206 Palm Cottage Drive has 2,420 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 22,651 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable or hip style roof. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Dec 16, 2021 for $370,500. That's $153.10 per sqft. Prior to that sales transaction, the property was also sold in May 24, 2021 for $370,500. 206 Palm Cottage Drive was last assessed in 2023. The total value of the property was assessed at $286,263. Specifically, the land the property is located on was valued at $56,668. While improvements on the property were assessed at a total of $229,595. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,493. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable or hip style roof. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Dec 16, 2021 for $370,500. That's $153.10 per sqft. Prior to that sales transaction, the property was also sold in May 24, 2021 for $370,500. 206 Palm Cottage Drive was last assessed in 2023. The total value of the property was assessed at $286,263. Specifically, the land the property is located on was valued at $56,668. While improvements on the property were assessed at a total of $229,595. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,493. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.