Seller's Agent in 2020
Team Hardee Hunt & Williams
Hardee Hunt & Williams
(910) 256-6998
108 in this area
169 Total Sales
10 Pelican Dr Wrightsville Beach, NC 28480
Estimated Value: $5,281,000 - $7,482,000
3
Beds
2
Baths
2,598
Sq Ft
$2,466/Sq Ft
Est. Value
Highlights
- Water Views
- Boat Dock
- Home fronts a sound
- Wrightsville Beach Elementary School Rated A-
- Boat Lift
- Boat Slip
About This Home
As of November 2020A rare find. Tucked away on Pelican Drive and a short stroll to the ocean, is a deep-water channel surrounded by verdant marsh land. This pristine body of water, known by locals as ''Lees Cut'', is a stretch of some of the most coveted barrier island real estate in North Carolina. 10 Pelican Drive sits on an over-sized 60ft wide sound front lot with incredible long range unobstructed northern exposure. Revitalize the existing home and make it your own or start from scratch and build a brand new private sound side estate. Cast off from your own private pier to explore the endless creeks and sandbars along the ICW. So get the Grady White gassed up, wax the surf boards, or reef the mainsail and hold on. Either way, it's going to be a fun ride. Spectacular sunsets included at no extra charge.
Last Agent to Sell the Property
Hardee Hunt & Williams Listed on: 09/30/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $20,408
Year Built
- Built in 1976
Lot Details
- 8,995 Sq Ft Lot
- Lot Dimensions are 58 x 143 x 63 x 155
- Home fronts a sound
- Fenced Yard
- Chain Link Fence
Home Design
- Slab Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Wood Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 2,598 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Gas Log Fireplace
- Family Room
- Combination Dining and Living Room
- Sun or Florida Room
- Water Views
- Breakfast Area or Nook
- Laundry Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Parking
- 2 Attached Carport Spaces
- Off-Street Parking
Outdoor Features
- Boat Lift
- Boat Slip
- Deck
- Porch
Utilities
- Central Air
- Heat Pump System
- Propane
- Electric Water Heater
- Fuel Tank
Listing and Financial Details
- Assessor Parcel Number R05716-001-008-000
Community Details
Overview
- No Home Owners Association
- Channel Acres Subdivision
Recreation
- Boat Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2020
Closed on
Nov 3, 2020
Sold by
Morgan Kay G and Estate Of Bernard L Morgan
Bought by
Desmond Sean and Desmond Kathryn
Seller's Agent
Team Hardee Hunt & Williams
Hardee Hunt & Williams
Buyer's Agent
Sherri Ingle
Intracoastal Realty Corp
List Price
$3,200,000
Sold Price
$3,200,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,207,568
Avg. Annual Appreciation
14.96%
Original Mortgage
$2,400,000
Outstanding Balance
$2,130,781
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$4,276,787
Purchase Details
Closed on
Jun 1, 1985
Sold by
Morgan Dorothy S
Bought by
Morgan Bernard L
Purchase Details
Closed on
Apr 1, 1981
Sold by
Morgan Bernard L
Bought by
Morgan Dorothy S
Purchase Details
Closed on
Feb 1, 1976
Bought by
Morgan Bernard L
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Desmond Sean | $3,200,000 | None Available | |
| Morgan Bernard L | -- | -- | |
| Morgan Dorothy S | $30,000 | -- | |
| Morgan Bernard L | $30,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Desmond Sean | $2,400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2020 11/03/20 | Sold | $3,200,000 | 0.0% | $1,232 / Sq Ft |
| 10/02/2020 10/02/20 | Pending | -- | -- | -- |
| 09/30/2020 09/30/20 | For Sale | $3,200,000 | -- | $1,232 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $20,408 | $6,644,300 | $4,060,400 | $2,583,900 |
| 2023 | $20,408 | $3,763,300 | $2,849,400 | $913,900 |
| 2022 | $12,827 | $3,125,000 | $2,849,400 | $275,600 |
| 2021 | $14,232 | $3,345,000 | $3,324,300 | $20,700 |
| 2020 | $9,511 | $1,393,500 | $1,172,300 | $221,200 |
| 2019 | $9,511 | $1,393,500 | $1,172,300 | $221,200 |
| 2018 | $9,511 | $1,393,500 | $1,172,300 | $221,200 |
| 2017 | $9,720 | $1,393,500 | $1,172,300 | $221,200 |
| 2016 | $10,130 | $1,339,900 | $1,088,600 | $251,300 |
| 2015 | $9,473 | $1,339,900 | $1,088,600 | $251,300 |
| 2014 | $9,205 | $1,339,900 | $1,088,600 | $251,300 |
Source: Public Records
Agents Affiliated with this Home
-
Team Hardee Hunt & Williams
-
Sherri Ingle
Buyer's Agent in 2020
Sherri Ingle
Intracoastal Realty Corp
(910) 620-7178
29 in this area
1,089 Total Sales
Map
Source: Hive MLS
MLS Number: 100239111
APN: R05716-001-008-000
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The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC
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