NOT LISTED FOR SALE

540 Ballast Point Rd Hampstead, NC 28443

Estimated Value: $2,554,000 - $2,669,000

3 Beds
3.5 Baths
4,100 Sq Ft
$638/Sq Ft Est. Value

Sale Details

Date Sold: November 18, 2021

Last sale price $2,025,000 $494 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $14,976 / mo

74 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Boat Lift
  • Sauna
  • North Topsail Elementary School Rated 10
  • In Ground Pool
  • Waterfront

About This Home

As of November 2021

The boating family's dream! Boasting nearly 700' of water frontage from an elevated 2.9 acres one of the area's most distinctive properties is available for the first time ever. When you pull in the driveway, epic old-growth live oak trees overhang your private drive and lead you to one of the most serene properties in Eastern North Carolina — there aren't many settings quite like this. As you step inside the front door, you will be blown away by the massive views of Topsail Island, the Intracoastal Waterway and Virginia Creek. The open concept home features large bedrooms and bathrooms; with two living rooms and space to add a 4th bedroom, the possibilities are endless. The first-floor master suite has a walk-in closet, sauna, and private deck with hot tub leading to the backyard. Step outside to enjoy the views from your saltwater pool and grab a cold drink from the poolhouse. If you're ready to catch a breeze, take a walk down to your boat — there is a dock and lift in place. Just 2000' feet from the ICWW, boaters enjoy the best of both worlds — easy access, but increased shelter from storms. Even better, there is a detached garage/workshop flanked by a large front lawn that could be subdivided to create another waterfront lot with 80' frontage and a potential dock. High and dry, no flood insurance is required. Topsail Schools. No HOA.

Last Agent to Sell the Property

Andrew Smith

Cadence Realty Corporation License #297811 Listed on: 05/22/2021

Last Buyer's Agent

Streamline Realty Team

Coldwell Banker Sea Coast Advantage-Hampstead

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,042

Year Built

  • Built in 1990

Lot Details

  • 2.9 Acre Lot
  • Lot Dimensions are 358x382x360x337
  • Waterfront
  • Property fronts a private road
  • Decorative Fence
  • Corner Lot
  • Irrigation
  • Property is zoned SEEMAP

Parking

  • 3 Garage Spaces | 2 Attached and 1 Detached
  • Off-Street Parking

Home Design

  • Permanent Foundation
  • Shingle Roof
  • Stone Siding
  • Stone

Interior Spaces

  • 4,100 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Shutters
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Workshop
  • Sauna
  • Efficiency Studio
  • Water Views
  • Partial Basement

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Storm Windows

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deeded Waterfront Access Rights
  • Bulkhead
  • Boat Lift
  • Deck
  • Separate Outdoor Workshop

Utilities

  • Central Air
  • Heat Pump System
  • Water Rights
  • Well

Community Details

  • No Home Owners Association
  • Sloop Point Plantation Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4224-26-8476-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,042

Year Built

Built in 1990

Lot Details

2.9 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Style: Efficiency
  • Secondary Subdivision: N/A
  • Year Built: 1990
  • Property Sub Type: Single Family Residence
  • View: ICW, Water
  • Appliances: Trash Compactor, Gas Cooktop, Washer, Refrigerator, Disposal, Dishwasher
  • Original List Price: 2395000.00
  • Accessibility Features: None
  • Unit Levels: Two
  • Living Area: 4100.00
  • Is New Construction?: No
  • Other Structures: Workshop
  • Type Type: Efficiency
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 584.15
  • Special Features: None

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Flooring: LVT/LVP, Carpet
  • Interior Amenities: Master Downstairs, Central Vacuum, Walk-in Closet(s), Vaulted Ceiling(s), High Ceilings, Entrance Foyer, Ceiling Fan(s), Pantry, Sauna, Walk-in Shower, Blinds/Shades, Gas Log, Walk-In Closet(s), Workshop
  • Master Bedroom Level: Primary Living Area
  • Stories: 2
  • Laundry Features: Laundry Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Has Fireplace?: Yes
  • Total Bedrooms: 8
  • Room Types: Dining Area
  • Window Features: Skylight(s), Storm Window(s)
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 3.10
  • Attic Features: Eave Storage
  • Living Area Range: 4000 - 4499

Exterior Features

  • Exterior Features: Shutters - Functional, Irrigation System
  • Exterior Finish: Fiber Cement, Stone
  • Fencing: Metal/Ornamental, Partial
  • Roof: Shingle
  • Pool Features: In Ground
  • Road Frontage Type: Private Road, Paved
  • Road Surface Type: Paved
  • Waterfront Features: Boat Lift, Bulkhead, Deeded Water Rights, Deeded Waterfront
  • Waterfront?: Yes
  • Foundation Details: Permanent
  • Patio And Porch Features: Deck
  • Pool Spa Features: Hot Tub, In Ground

Garage/Parking

  • Has Attached Garage?: No
  • Garaged Spaces: 3.00
  • Parking Features: Circular Driveway, Off Street, Paved
  • Total Parking Spaces: 3.00
  • Detached Garage Spaces: 1.00
  • Attached Garage Spaces: 2.00

Utilities

  • Water Source: Well
  • Security Features: Security Lights, Security System
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Gas Pack, Heat Pump
  • Heating Yn: Yes
  • Sewer Provider: Septic Tank
  • Fuel Tank Owned Or Leased: Owned
  • Electric Provider: Duke Progress Energy
  • Fuel Tank Above Or Below Ground: Below Ground
  • Fuel Tank Fuel Type: Propane

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: No

Lot Info

  • Deed Book: 2320
  • Deed Page: 62.00
  • Zoning: SEEMAP
  • Lot Features: Corner Lot, Boat Lift, Bulkhead, Deeded Water Rights, Deeded Waterfront
  • Lot Size Acres: 2.9
  • Lot Size: 358x382x360x337
  • Lot Size Sq Ft: 126324.00
  • Purchase Contract Date: 2021-08-04
  • Parcel#: 4224-26-8476-0000
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2020
  • Tax Book Number: NA
  • Tax Map Number: NA
  • Tax Other Assessment Amount Frequency: No
  • Tax Amount: 6042.32

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Oct 29, 2021
Sold by
Bought by
Seller's Agent
Andrew Smith
Cadence Realty Corporation
Buyer's Agent
Streamline Realty Team
Coldwell Banker Sea Coast Advantage-Hampstead
List Price
$2,395,000
Sold Price
$2,025,000
Premium/Discount to List
-$370,000
-15.45%
Current Estimated Value
$2,613,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,836
Avg. Annual Appreciation
5.72%
Original Mortgage
$1,500,000
Outstanding Balance
$1,362,883
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$1,250,953

Purchase Details

Closed on
Feb 13, 2004
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,025,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/18/2021 11/18/21 Sold $2,025,000 -15.4% $494 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $2,395,000 -- $584 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,300 $2,871,951 $1,629,525 $1,242,426
2024 $10,300 $1,136,851 $550,000 $586,851
2023 $8,340 $925,024 $550,000 $375,024
2022 $5,605 $705,024 $330,000 $375,024
2021 $6,089 $705,024 $330,000 $375,024
2020 $6,089 $705,024 $330,000 $375,024
2019 $3,863 $437,573 $330,000 $107,573
2018 $12,158 $1,366,025 $938,250 $427,775
2017 $12,158 $1,366,025 $938,250 $427,775
2016 $12,023 $1,366,025 $938,250 $427,775
2015 $11,990 $1,366,025 $938,250 $427,775
2014 $9,337 $1,366,025 $938,250 $427,775
2013 -- $1,366,025 $938,250 $427,775
2012 -- $1,366,025 $938,250 $427,775
Source: Public Records

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Map

Source: Hive MLS

MLS Number: 100272350

Hive MLS

APN: 4224-26-8476-0000

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