NOT LISTED FOR SALE

506 Royal Tern Dr Hampstead, NC 28443

Estimated Value: $535,000 - $566,000

3 Beds
2.5 Baths
2,204 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $535,000 $243 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,254/month

Highlights

  • Boat Dock
  • Gated Community
  • Vaulted Ceiling
  • Topsail Elementary School Rated A-
  • Clubhouse
  • Wood Flooring

About This Home

As of May 2024

Welcome to the beautiful and gated community of Pelican Reef. This custom home, sits hidden off the road and is surrounded by mature landscape. This 3 bed, 2.5 bath features; beautiful front porch, solid oak flooring throughout the downstairs, solid oak cabinetry detailed with glass front doors lighted above, beneath, & inside, and stainless steel appliances. The 1st floor offers kitchen, dining, living room, laundry/mudroom, spacious master suite with relaxing jacuzzi tub, and walk in shower and access to screened porch. Upstairs from a rear staircase is an additional bedroom, full bath and two additional flex spaces that can be used as media room, office, or additional sleeping quarters, and offer tons of closet and storage space in the eaves. Additional features include; Kinetico water system, and a wired storage/workshop for outside projects. Cost effective irrigation system connected to private well with whole house on community water system. This beautiful community, is a gated offering an extra sense of security, and provides water access for kayaks/canoes, a clubhouse with fitness center, swimming pool, and playground.

Last Agent to Rent the Property

Martin Evans

Pronto Property Management License #166243 Listed on: 04/21/2024

Last Renter's Agent

Martin Evans

Pronto Property Management License #166243 Listed on: 04/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1999

Lot Details

  • 0.51 Acre Lot
  • Property fronts a private road

Interior Spaces

  • 2,204 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Blinds
  • Workshop
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Schools

  • Surf City Elementary And Middle School
  • Topsail High School

Utilities

  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, water
  • The owner pays for hoa

Community Details

Overview

  • Property has a Home Owners Association
  • Pelican Reef Subdivision

Recreation

  • Boat Dock
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,698

Year Built

Built in 1999

Lot Details

0

Rental Info

  • Owner Pays: HOA
  • Tenant Pays: Cable TV, Electricity, Sewer, Water
  • Leased Price Sq Ft: 1.36
  • Lease Price per Sq Ft: 1.36

Listing Details

  • Property Type: Residential Rental
  • Sub Type: Single Family Residence
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1999
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Blinds/Shades, Ceiling - Vaulted, Walk-in Shower, Walk-In Closet, Workshop
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Sq Ft Heated: 2204.00
  • Heated and Separate Living Space Sq Ft: 2204.00

Exterior Features

  • Fencing: None
  • Porch Balcony Deck: Balcony, Covered, Enclosed, Open
  • Road Type Frontage: Maintained, Paved, Private

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In, Refrigerator, Stove/Oven - Electric
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Water Provider: County
  • Utilities: Municipal Water, Septic On Site
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Clubhouse, Community Pool, Gated

Condo/Co-op/Association

  • Pets Allowed: Negotiable

Schools

  • Elementary School: Surf City
  • Middle School: Surf City
  • High School: Topsail

Lot Info

  • Lot Acres: 0.51
  • Lot Sq Ft: 22216.00

MLS Schools

  • Elementary School: Surf City
  • High School: Topsail
  • Middle School: Surf City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2022
Closed on
Mar 23, 2023
Sold by
Price Troy A and Price Angela
Bought by
Quinn John R and Keeney Dianne
Seller's Agent
Savannah Holman
Coastal Realty Associates LLC
Buyer's Agent
Melanie Cameron
Coldwell Banker Sea Coast Advantage
List Price
$535,000
Sold Price
$535,000
Views
143
Current Estimated Value
$555,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,897
Avg. Annual Appreciation
2.46%
Original Mortgage
$481,500
Outstanding Balance
$468,378
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$98,542

Purchase Details

Listed on
Sep 18, 2021
Closed on
Nov 4, 2021
Sold by
Wiles Karen D
Bought by
Price Troy and Price Angela
Seller's Agent
Jackie James
Coastal Carolina Real Estate
Buyer's Agent
Savannah Holman
Coastal Realty Associates LLC
List Price
$512,000
Sold Price
$500,000
Premium/Discount to List
-$12,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%
Original Mortgage
$448,544
Interest Rate
2.99%
Mortgage Type
VA

Purchase Details

Listed on
Oct 1, 2020
Closed on
Oct 26, 2020
Sold by
Nadeau Carl A and Nadeau Amelia D
Bought by
Wiles Karen D
Seller's Agent
Lisa Mathews
RE/MAX Essential
Buyer's Agent
Jackie James
Coastal Carolina Real Estate
List Price
$349,900
Sold Price
$349,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.04%

Purchase Details

Closed on
Jun 7, 2017
Sold by
Nadean Carl A and Nadean Amelia D
Bought by
Nadean Carl A and Nadean Amelia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2010
Sold by
Guzman Faye D De
Bought by
Nadeau Carl A and Nadeau Amelia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2010
Sold by
Klotz William E and Klotz Judith M
Bought by
Deguzman Faye D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Quinn John R $535,000 --
Price Troy $500,000 None Available
Wiles Karen D $349,500 None Available
Nadean Carl A -- None Available
Nadeau Carl A -- --
Deguzman Faye D $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quinn John R $481,500
Previous Owner Price Troy $448,544
Previous Owner Nadean Carl A $184,000
Previous Owner Deguzman Faye D $216,000
Previous Owner Klotz William E $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Rented $3,000 0.0% --
04/29/2024 04/29/24 Under Contract -- -- --
04/21/2024 04/21/24 For Rent $3,000 0.0% --
04/07/2023 04/07/23 Sold $535,000 0.0% $243 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
12/09/2022 12/09/22 For Sale $535,000 0.0% $243 / Sq Ft
12/08/2022 12/08/22 Off Market $535,000 -- --
12/08/2022 12/08/22 For Sale $535,000 +7.0% $243 / Sq Ft
11/17/2021 11/17/21 Sold $500,000 -2.3% $227 / Sq Ft
10/03/2021 10/03/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $512,000 +46.3% $232 / Sq Ft
10/27/2020 10/27/20 Sold $349,900 0.0% $159 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $349,900 -- $159 / 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 $2,698 $270,076 $58,349 $211,727
2023 $2,698 $270,076 $58,349 $211,727
2022 $2,358 $270,076 $58,349 $211,727
2021 $2,358 $270,076 $58,349 $211,727
2020 $2,358 $270,076 $58,349 $211,727
2019 $2,358 $270,076 $58,349 $211,727
2018 $2,442 $267,316 $63,750 $203,566
2017 $2,442 $267,316 $63,750 $203,566
2016 $2,416 $267,316 $63,750 $203,566
2015 $2,398 $267,316 $63,750 $203,566
2014 $1,876 $267,316 $63,750 $203,566
2013 -- $267,316 $63,750 $203,566
2012 -- $267,316 $63,750 $203,566
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100440003

Hive MLS

APN: 4215-52-7564-0000