NOT LISTED FOR SALE

166 Royal Tern Dr Hampstead, NC 28443

Estimated Value: $363,000 - $473,000

0.6 Acre
$680,362 Price per Acre
26,136 Sq Ft Lot

Last Sold February 28, 2018

Last sale price $63,000

Est. 548% increase in value since last sale

Current estimated payment $2,387/month

22 Days on Market

Highlights

  • Water Access
  • Fitness Center
  • Clubhouse
  • Topsail Elementary School Rated A-
  • Gated Community
  • Wooded Lot

About This Lot

As of February 2018

Beautiful wooded home site located in the premier gated community of Pelican Reef. Pelican Reef located within 10 minutes from Surf City beaches but also convenient to Wilmington, with great amenities including a clubhouse, pool and water access.

Last Agent to Sell the Property

William Feige

License #230799 Listed on: 01/12/2018

Last Buyer's Agent

Lori Speight

Masonboro Realty, Inc. License #197270

Property Details

Property Type

  • Land

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 80x263x100x261x40
  • Property fronts a private road
  • Corner Lot
  • Wooded Lot
  • Property is zoned PD

HOA Fees

  • $68 Monthly HOA Fees

Schools

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

Utilities

  • Septic Permit Issued

Listing and Financial Details

  • Tax Lot 166
  • Assessor Parcel Number 4215-70-2370-0000

Community Details

Overview

  • Pelican Reef Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Water Access

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$68 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Auction: No
  • Cobra Zone: No
  • Deed Page: 116.00
  • Directions To Property: Heading south on HWY 17, towards Wilmington, take a left onto Royal Tern Dr into Pelican Reef The destination will be on you right. From Wilmington, north on Hwy 17 to just past Sloop Point Rd into Pelican Reef.
  • Document Count: 7
  • Elementary School: North Topsail
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • High School: Topsail
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Clubhouse, Fitness Center, Gated Community, Maint - Comm Areas, Maint - Grounds, Maint - Roads, Playground, Pool, Street Lights, Tax Comm Areas, Tennis
  • Listing I D: 100095799
  • Location Type: Mainland
  • Lot Description: Corner Lot, Subdivision, Wooded
  • Lot Dimensions: 80x263x100x261x40
  • Lot Number: 166
  • Lot Sq Ft: 26136.00
  • Lot Water Features: Water Access Comm
  • Marketing City: Hampstead
  • Middle School: Topsail
  • M L S Approved: Y
  • Road Type Frontage: Paved, Private
  • School District: Pender
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Duke Progress Energy
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Pelican Reef
  • Tax Identifier: 4215-70-2370-0000
  • Tax Year: 2017
  • Terms: Cash, Construction to Perm., Conventional
  • Waterview: No
  • Zoning: PD
  • Acres: 0.60
  • Buildigson Property: None
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Priceper Acre: 113333.33
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded
  • Lot Number2: 166
  • H O A Association Fee1 Year: 821.00
  • H O A H O A1 Mgmt Company: Community Solutions
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: County Water, Septic Permit on file

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2017
Sold by
Carisen Craig A and Carisen Linda
Bought by
Barras Dominick Anthony and Barras Jillian
Current Estimated Value
$408,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Outstanding Balance
$185,275
Interest Rate
4.23%
Mortgage Type
VA
Estimated Equity
$222,942

Purchase Details

Closed on
Apr 17, 2012
Sold by
Carolinian Home Buillders Llc
Bought by
Carlsen Craig A and Carlsen Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,763
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 2011
Sold by
Bremer Charles and Bremer Jennifer H
Bought by
Carolinian Homebuilders Llc

Purchase Details

Closed on
Dec 2, 2010
Sold by
Cheeseman Thomas Adams and Cheeseman Marie Elaine
Bought by
Charles Bremer And Bremer Construction I

Purchase Details

Closed on
Sep 30, 2005
Sold by
Water View Inc
Bought by
The Cheeseman Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Barras Dominick Anthony $222,000 None Available
Carlsen Craig A $246,000 None Available
Carolinian Homebuilders Llc $30,000 --
Charles Bremer And Bremer Construction I $15,000 --
The Cheeseman Family Trust $61,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barras Dominick Anthony $222,000
Previous Owner Carlsen Craig A $239,763
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $63,000 -7.4% --
01/31/2018 01/31/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $68,000 -- --
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 $2,205 $216,807 $51,735 $165,072
2023 $2,205 $216,807 $51,735 $165,072
2022 $2,025 $216,807 $51,735 $165,072
2021 $2,025 $216,807 $51,735 $165,072
2020 $2,025 $216,807 $51,735 $165,072
2019 $2,025 $216,807 $51,735 $165,072
2018 $1,862 $188,214 $40,000 $148,214
2017 $1,862 $188,214 $40,000 $148,214
2016 $1,843 $188,214 $40,000 $148,214
2015 $1,808 $188,214 $40,000 $148,214
2014 $1,433 $188,214 $40,000 $148,214
2013 -- $188,214 $40,000 $148,214
2012 -- $95,229 $40,000 $55,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100095799

Hive MLS

APN: 4215-42-1911-0000