NOT LISTED FOR SALE

101 King Rail Ct Hampstead, NC 28443

Estimated Value: $466,678 - $519,000

4 Beds
3 Baths
2,016 Sq Ft
$245/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $270,000 $134 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,898/month

20 Days on Market

Highlights

  • Boat Dock
  • Fitness Center
  • Pond View
  • Topsail Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of December 2019

Welcome to this 4 bedroom 3 full bath beautiful cottage in Pelican Reef with an open floor plan. The covered front porch overlooking pond & fountain invite you into the home. Custom kitchen has an island sink, breakfast bar, granite counters & stainless appliances. The formal dining room is great place for entertaining with crown molding. Home features hardwood & tile floors, three full baths plus a large laundry room & screened porch. Master bedroom has walk in closet and master bath has double vanity. Award winning Topsail schools! 10 minutes to North Carolinas finest beaches! Pelican Reef amenities include community pool, kayak launch & dock, pier, fitness, clubhouse & optional tennis.

Last Agent to Sell the Property

Eric Sabourin

Coldwell Banker Sea Coast Advantage License #264912 Listed on: 10/02/2019

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2007

Lot Details

  • 0.5 Acre Lot
  • Corner Lot

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Living Room
  • Formal Dining Room
  • Pond Views
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 225
  • Assessor Parcel Number 4215-32-9870-0000

Community Details

Overview

  • Pelican Reef Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2007

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Cooktop - Electric, Dishwasher, Microwave - Built-In
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 1420.00
  • Directions To Property: North HWY 17 to Right into Pelican Reef on Royal Tern, 1st Right on Kingrail, 1st house on Left.
  • Document Count: 2
  • Fencing: None
  • Fireplace: None
  • Foundation: Crawl Space, Pilings
  • Fuel Tank: None
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Boat Dock, Taxes, Maint - Comm Areas, Management, Maint - Roads, Gated, Fitness Center, Community Pool, Clubhouse
  • Listing I D: 100186938
  • List Priceper Sq Ft: 141.37
  • Location Type: Mainland
  • Lot Acres: 0.50
  • Lot Description: Corner Lot
  • Lot Dimensions: irregular
  • Lot Number: 225
  • Lot Sq Ft: 21780.00
  • Marketing City: Hampstead
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered, Screened, Porch
  • Prospect Exempt: No
  • Road Type Frontage: Paved
  • School District: Pender
  • Secondary Subdivision: N/A
  • Sign On Property: No
  • Sq Ft Heated: 2016.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Pelican Reef
  • Tax Identifier: 4215-32-9870-0000
  • Tax Year: 2018
  • Terms: Cash, VA Loan, FHA, Conventional
  • Total Heated Primary Separate Sq Ft: 2016.00
  • Water Heater: Electric
  • Waterview: No
  • Year Built: 2007
  • Zoning: X
  • Lot View Type: Pond View
  • H O A Association Fee1 Year: 1116.00
  • H O A H O A1 Mgmt Company: Community Solutions
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Dining Room Type: Formal
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: 1st Floor Master, Ceiling - Vaulted, 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Bedroom2 Level: Main
  • Bedroom3 Level: Main
  • Bedroom4 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Fiber Cement
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Heated Sq Ft: 2000 - 2199
  • Heating System: Forced Air, Heat Pump
  • Utilities: Septic On Site, Well Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2019
Closed on
Nov 16, 2019
Sold by
Batchelor Derek W and Batchelor Bobbie L
Bought by
Bost Rex A and Bost Brenda M
Seller's Agent
Eric Sabourin
Coldwell Banker Sea Coast Advantage
Buyer's Agent
A Non Member
A Non Member
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%
Current Estimated Value
$493,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,920
Avg. Annual Appreciation
10.44%
Original Mortgage
$202,500
Outstanding Balance
$178,219
Interest Rate
3.62%
Estimated Equity
$315,701

Purchase Details

Closed on
May 6, 2016
Sold by
Glover John E and Glover Kathleen
Bought by
Batchelor Derek W and Batchelor Bobbie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,448
Interest Rate
3.59%
Mortgage Type
VA

Purchase Details

Closed on
Jan 31, 2013
Sold by
First Federal Bank
Bought by
Glover John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,571
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2012
Sold by
J W Sullivan Inc
Bought by
First Federal Savings & Loan Association

Purchase Details

Closed on
Feb 28, 2006
Sold by
Gao Jin Xiu
Bought by
J W Sullivan Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
6.19%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 7, 2005
Sold by
Water View Inc
Bought by
Gao Jin Xiu
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bost Rex A $270,000 None Available
Batchelor Derek W $256,000 None Available
Glover John E $175,000 None Available
First Federal Savings & Loan Association $228,600 None Available
J W Sullivan Inc $65,000 --
Gao Jin Xiu $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bost Rex A $202,500
Previous Owner Batchelor Derek W $264,448
Previous Owner Glover John E $178,571
Previous Owner J W Sullivan Inc $268,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2019 12/09/19 Sold $270,000 -5.3% $134 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $285,000 -- $141 / 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 $2,703 $270,634 $58,000 $212,634
2023 $2,703 $270,634 $58,000 $212,634
2022 $2,363 $270,634 $58,000 $212,634
2021 $2,275 $260,046 $58,000 $202,046
2020 $2,275 $260,046 $58,000 $202,046
2019 $2,275 $260,046 $58,000 $202,046
2018 $2,138 $232,477 $62,500 $169,977
2017 $2,138 $232,477 $62,500 $169,977
2016 $2,225 $232,477 $62,500 $169,977
2015 $2,190 $232,477 $62,500 $169,977
2014 $1,729 $232,477 $62,500 $169,977
2013 -- $232,477 $62,500 $169,977
2012 -- $232,477 $62,500 $169,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100186938

Hive MLS

APN: 4215-32-9870-0000