NOT LISTED FOR SALE

387 Royal Tern Dr Hampstead, NC 28443

Estimated Value: $655,000 - $747,000

3 Beds
2.5 Baths
2,536 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 23, 2024

Last sale price $656,000 $259 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,896/month

109 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Wood Flooring
  • Topsail Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of October 2024

Stunning Lowcountry style home in the desirable Pelican Reef neighborhood in Hampstead. This gorgeous home is in pristine condition and loaded with updates throughout. You will love admiring the beautifully landscaped grounds from the covered wraparound front porch or the spacious rear deck with covered pergola, and new composite decking. The huge detached 3 car garage is a dream space for a workshop, car collector or ultimate man-cave. Stairs in garage lead to spacious unfinished space above. Once inside the main house you will be amazed with the details. Brazilian cherry hardwoods upstairs and down, extensive trim detail and a recently updated dream kitchen! The kitchen features tons of premium cabinetry with glass fronts, a large center island with farmhouse sink, stainless appliances, gas range, double oven, and a subway tile backsplash. The cozy living room has a gas log fireplace, built in shelving and direct access to the sunroom. Onto the master suite your attention will be drawn to another gas log fireplace with a mantle reclaimed from a historic Wilmington residence. Ensuite bath has a walk in shower with double showerheads, overhead rain heads and river rock floor base. Head upstairs and find two additional guest BR's sharing a full bath. There is also a sitting area which is perfect for a home office or to relax and enjoy a good book! In addition to the gorgeous surrounds and large lots, Pelican Reef residents enjoy a lovely pool, clubhouse, fitness building, kayak launch and private dock. All just minutes away from shopping centers and the bridge to Topsail Beach and Surf City!

Last Agent to Sell the Property

Patrick Alderson

Flat Fee Realty and Management LLC License #260610 Listed on: 06/03/2024

Flat Fee Realty and Management LLC

Last Buyer's Agent

Samantha Hagerty

Grifaldo Properties, INC License #292917

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,365

Year Built

  • Built in 2006

Lot Details

  • 0.61 Acre Lot
  • Property fronts a private road
  • Property is zoned PD

HOA Fees

  • $97 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,536 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Blinds
  • Mud Room
  • Living Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room
  • Crawl Space
  • Attic Floors
  • Laundry Room

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Parking

  • 3 Car Detached Garage
  • Side Facing Garage
  • Driveway

Outdoor Features

  • Deck
  • Wrap Around Porch

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Propane
  • Well
  • Electric Water Heater
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 4215-53-2000-0000

Community Details

Overview

  • Priestley Management Association, Phone Number (910) 509-7276
  • Pelican Reef Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,365

Year Built

Built in 2006

Lot Details

0.61 Acres

HOA Fees

$97 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Stove/Oven - Gas, Refrigerator, Microwave - Built-In
  • List Priceper Sq Ft: 262.22
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 3364.68
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored, Walk-In
  • Dining Room Type: Formal
  • Fireplace: 2
  • Flooring: Carpet, Wood, Tile
  • Interior Amenities: 1st Floor Master, Solid Surface, Walk-In Closet, Walk-in Shower, Gas Logs, Mud Room, Kitchen Island, Ceiling Fan(s), Blinds/Shades, 9Ft+ Ceilings
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom2 Level: Second
  • Bedroom3 Level: Second
  • Den Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sunroom Level: First
  • Sq Ft Heated: 2536.00
  • Stories: 2.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 2536.00

Exterior Features

  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Wrap Around, Porch, Deck
  • Road Type Frontage: Maintained, Private
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Detached, Garage Faces Side

Utilities

  • Cooling System: Heat Pump, Zoned
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heated Sq Ft: 2400 - 2599
  • Heating System: Heat Pump
  • Utilities: Septic On Site, Well Water
  • Water Heater: Electric
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Clubhouse, Maint - Roads, Fitness Center, Community Pool
  • H O A Association Fee1 Year: 1160.00
  • H O A Association Name: Priestley Management
  • H O A Association Phone: 9105097276

Lot Info

  • Cobra Zone: No
  • Deed Page: 341.00
  • Lot Acres: 0.61
  • Lot Dimensions: IRR
  • Lot Sq Ft: 26572.00
  • Zoning: PD

Tax Info

  • Tax Identifier: 4215-53-2000-0000
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Oct 22, 2024
Sold by
Sellman Robin L and Hosmer George S
Bought by
Groves David H and Groves Amy
Seller's Agent
Patrick Alderson
Flat Fee Realty and Management LLC
Buyer's Agent
Samantha Hagerty
Grifaldo Properties, INC
List Price
$733,000
Sold Price
$656,000
Premium/Discount to List
-$77,000
-10.5%
Views
86
Current Estimated Value
$683,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,758
Avg. Annual Appreciation
3.07%
Original Mortgage
$625,240
Outstanding Balance
$615,923
Interest Rate
6.2%
Mortgage Type
VA
Estimated Equity
$67,835

Purchase Details

Closed on
Jun 23, 2010
Sold by
Hines Duane A and Hines Susanne M
Bought by
Sellman Robin L and Hosmer George S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Groves David H $656,000 None Listed On Document
Sellman Robin L $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Groves David H $625,240
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2024 10/23/24 Sold $656,000 -1.4% $259 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/09/2024 09/09/24 Price Changed $665,000 -2.9% $262 / Sq Ft
07/15/2024 07/15/24 Price Changed $685,000 -2.8% $270 / Sq Ft
06/17/2024 06/17/24 Price Changed $705,000 -3.8% $278 / Sq Ft
06/03/2024 06/03/24 For Sale $733,000 -- $289 / Sq Ft
Source: Hive MLS

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
2025 $3,365 $639,373 $137,600 $501,773
2024 $3,365 $342,127 $58,738 $283,389
2023 $2,958 $342,127 $58,738 $283,389
2022 $2,958 $342,127 $58,738 $283,389
2021 $2,958 $342,127 $58,738 $283,389
2020 $2,958 $342,127 $58,738 $283,389
2019 $2,958 $342,127 $58,738 $283,389
2018 $3,282 $363,513 $70,150 $293,363
2017 $3,282 $363,513 $70,150 $293,363
2016 $3,245 $363,513 $70,150 $293,363
2015 $3,227 $363,513 $70,150 $293,363
2014 $2,520 $363,513 $70,150 $293,363
2013 -- $363,513 $70,150 $293,363
2012 -- $363,513 $70,150 $293,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100448049

Hive MLS

APN: 4215-53-2000-0000

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