NOT LISTED FOR SALE

507 Royal Tern Dr Hampstead, NC 28443

Estimated Value: $577,000 - $621,000

4 Beds
2.5 Baths
2,316 Sq Ft
$259/Sq Ft Est. Value

Last Sold March 13, 2024

Last sale price $575,000 $248 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,635/month

101 Days on Market

Highlights

  • Boat Dock
  • Water Access
  • Clubhouse
  • Topsail Elementary School Rated A-
  • Gated Community
  • Deck

About This Home

As of March 2024

This beautiful Queen Anne Victorian home on a large, corner lot in the sought after gated/water access community of Pelican Reef welcomes you with its traditional turret, large windows, and wrap around front porch. As soon as you enter the foyer, it will feel like home. Both HVAC systems were just replaced as part of the stunning renovations the home has undergone this year. The living room has a light-filled sitting area and opens to a formal dining room with an entrance to the covered wrap around porch. In the large kitchen there are all new white cabinets and quartz countertops, stainless appliances, range hood and plenty of storage with a large island perfect for food prep and gathering family! From the kitchen enjoy morning coffee on the new deck overlooking the expansive backyard. The den is off the kitchen with a cozy fireplace that was just reimagined with new surround and flanked by custom bookcases. On the first floor there is a large half bath and a laundry/mud room with an added walkin shower perfect for rinsing off after those long days at the beach. Upstairs you will find the large master bedroom with a walk-in closet and ensuite complete with soaking tub, double vanity and walk-in shower. 3 additional bedrooms share a completely renovated hall bath. There is LVP and tile flooring throughout (no carpet). The home is situated on .75 beautifully landscaped acres with a well for the irrigation system, a new aluminum fence and hot and cold water dog washing station in the backyard. Pelican Reef is known for its large, wooded lots, friendly neighbors and access to the water. Visit the community clubhouse, pool, kayak launch on Virginia Creek at the end of the road, sit and soak up some nature and see what the neighborhood has to offer. You will feel far from the hustle and bustle but are minutes from Surf City and Topsail Beach and with the new bypass you are closer than ever to downtown Wilmington. Come see it now!

Last Agent to Sell the Property

Kathy Greer

Nest Realty License #237976 Listed on: 10/14/2023

Nest Realty

Last Buyer's Agent

Haley Wiggins

Carolina One Properties Inc. License #283800

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,352

Year Built

  • Built in 2002

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 142 x 206 x 190 x 200
  • Property fronts a private road
  • Fenced Yard
  • Property has an invisible fence for dogs
  • Decorative Fence
  • Irrigation
  • Property is zoned PD

HOA Fees

  • $91 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home
  • Cedar

Interior Spaces

  • 2,316 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Den
  • Pull Down Stairs to Attic
  • Kitchen Island
  • Laundry Room

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Deck
  • Shed
  • Wrap Around Porch

Schools

  • Surf City Elementary And Middle School
  • Topsail High School

Utilities

  • Central Air
  • Heat Pump System
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 42155287060000

Community Details

Overview

  • Pelican Reef HOA, Phone Number (910) 509-7276
  • Pelican Reef Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,352

Year Built

Built in 2002

Lot Details

0

HOA Fees

$91 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: Blinds/Shades, Bookcases, Ceiling Fan(s), Foyer, Gas Logs, Kitchen Island, Pantry, Walk-in Shower, Walk-In Closet
  • Laundry Location: Room
  • List Price per Sq Ft: 248.27
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 9
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Den Level: First
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 2316.00
  • Total Heated Primary Separate Sq Ft: 2316.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Cedar, Wood Siding
  • Exterior Structures: Shed(s)
  • Fencing: Back Yard, Invisible, Metal/Ornamental, Partial
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch, Wrap Around
  • Road Type Frontage: Maintained, Paved, Private
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Concrete, Off Street

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Clubhouse, Community Pool, Gated, Maint - Comm Areas, Maint - Roads
  • HOAAssociationFee1Year: 1095.00
  • HOAAssociationName: Pelican Reef HOA
  • HOAAssociationPhone: 9105097276

Lot Info

  • Deed Page: 2699.00
  • Lot Acres: 0.75
  • Lot Dimensions: 142 X 206 X 190 X 200
  • Lot Sq Ft: 32670.00
  • Lot Water Features: Water Access Comm
  • Plat Book: 34
  • Plat Page: 101
  • Zoning: PD

Tax Info

  • Tax Identifier: 42155287060000
  • Tax Year: 2022

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
Oct 14, 2023
Closed on
Mar 2, 2024
Sold by
Meagher Michael P and Meagher Susan L
Bought by
Parker Benjamin Dale and Parker Alexandria
Seller's Agent
Kathy Greer
Nest Realty
Buyer's Agent
Haley Wiggins
Carolina One Properties Inc.
List Price
$635,000
Sold Price
$575,000
Premium/Discount to List
-$60,000
-9.45%
Views
851
Current Estimated Value
$599,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,200
Avg. Annual Appreciation
3.79%
Original Mortgage
$593,975
Outstanding Balance
$584,461
Interest Rate
5%
Mortgage Type
VA
Estimated Equity
$22,442

Purchase Details

Listed on
Nov 1, 2022
Closed on
Dec 7, 2022
Sold by
Mangrich Zachary Thomas and Mangrich Nadejda
Bought by
Meagher Michael P and Meagher Susan L
Seller's Agent
Laura Betz
RE/MAX Essential
Buyer's Agent
Kathy Greer
Nest Realty
List Price
$495,000
Sold Price
$495,000
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$120,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 27, 2019
Closed on
Jul 19, 2019
Sold by
Campbell Jeffrey D and Campbell Robyn M
Bought by
Mangrich Zachary Thomas
Seller's Agent
Ronel Austin
Coastal Realty Associates LLC
Buyer's Agent
Debi Byrd
Coldwell Banker Sea Coast Advantage
List Price
$329,900
Sold Price
$329,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%
Original Mortgage
$263,920
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2001
Bought by
Pharr Erskine F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Parker Benjamin Dale $575,000 None Listed On Document
Meagher Michael P $495,000 --
Mangrich Zachary Thomas $330,000 None Available
Pharr Erskine F $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Benjamin Dale $593,975
Previous Owner Meagher Michael P $120,000
Previous Owner Mangrich Zachary Thomas $263,920
Previous Owner Pharr Frank $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold $575,000 0.0% $248 / Sq Ft
02/08/2024 02/08/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $575,000 -4.2% $248 / Sq Ft
12/07/2023 12/07/23 Price Changed $599,900 -4.0% $259 / Sq Ft
11/18/2023 11/18/23 Price Changed $625,000 -1.6% $270 / Sq Ft
10/30/2023 10/30/23 For Sale $635,000 +28.3% $274 / Sq Ft
12/16/2022 12/16/22 Sold $495,000 0.0% $213 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
11/01/2022 11/01/22 For Sale $495,000 +50.0% $213 / Sq Ft
07/26/2019 07/26/19 Sold $329,900 0.0% $141 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
05/27/2019 05/27/19 For Sale $329,900 +38.0% $141 / Sq Ft
10/23/2015 10/23/15 Sold $239,000 -8.0% $102 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $259,900 -- $111 / 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 $3,352 $340,806 $66,701 $274,105
2023 $2,947 $340,806 $66,701 $274,105
2022 $2,947 $340,806 $66,701 $274,105
2021 $2,947 $340,806 $66,701 $274,105
2020 $2,947 $340,806 $66,701 $274,105
2019 $2,947 $340,806 $66,701 $274,105
2018 $3,023 $333,825 $93,750 $240,075
2017 $3,023 $333,825 $93,750 $240,075
2016 $2,989 $333,825 $93,750 $240,075
2015 $3,064 $333,825 $93,750 $240,075
2014 $2,408 $333,825 $93,750 $240,075
2013 -- $333,825 $93,750 $240,075
2012 -- $333,825 $93,750 $240,075
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100409786

Hive MLS

APN: 4215-52-8706-0000