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$132,000 / 3br - 1485ft2 - Over 55 community, Hampstead doublewide built in 1987 (Coastal Estates Hampstead)

Pinestraw Dr., Hampstead, NC 28443

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Pinestraw Dr. near Loblolly Trl.

google map

3BR / 2Ba 1485ft2
license info: 185696
27 Pinestraw Dr. in Coastal Estates, Hampstead NC. $119,000 for the house, and you rent the lot for $457 per month.

Very unique property and neighborhood, please read as there are a lot of specific details. Main points are it's an over 55 community in Hampstead NC, no rental units allowed, no fenced yards although pets are allowed, you own your doublewide mobile home, and you lease your lot from Sun Communities.
No conventional loans/ owner financing/ FHA/ USDA/ VA loans- cash or personal bank loan. Coastal Estates is the subdivision, run by Sun Communities. Lot rent is $457 per month and that includes maintaining ponds and common areas, 2 clubhouses, and 2 pools. You maintain your yard and home. Sunroom not counted in square footage is 23x9.
https://www.suncommunities.com/community/coastal-estates/
3 bedroom, 2 bath, 12 x 12 wired workshop on roughly .15 acre lot.
Built in 1987, HVAC 1999, roof from approximately 2010. House is about 1,485 square feet, sunroom with wall a/c unit is 208 additional square feet.
You as the owner must go through an application process with the HOA management office in order to be able to purchase, and you must either pay cash or get a personal property loan for the purchase. A couple of lending options are attached as a photo. A local Wilmington/ Hampstead real estate closing attorney handles the transaction and title transfer to the new owner. If you have a realtor have them contact me for more information. Thank you! Please have your realtor contact me if you have one.
Listed by John Grubenmann with Remax

post id: 7740388738

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