NOT LISTED FOR SALE

Pelican Watch 1403 S Lake Park Blvd Unit 503 Carolina Beach, NC 28428

Estimated Value: $544,000 - $651,000

2 Beds
2 Baths
1,005 Sq Ft
$530/mo HOA Fee

Last Sold October 12, 2018

Last sale price $340,000 $338 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,928/month

7 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Wood Flooring
  • Carolina Beach Elementary School Rated A-
  • Indoor Pool
  • Furnished

About This Home

As of October 2018

Oceanfront condo in Pelican Watch! Views for miles from the 5th floor location. Current owners have kept it as a second home, so it's very gently used and in excellent condition. There are wood floors in the kitchen and tile in the living room (easy clean-up at the beach). The bathrooms and kitchen have been updated. There are new sliders to the balcony in the living room and master bedroom, and a 2-10 home warranty is included for added peace of mind. Not only does this community have direct beach access, but residents get to enjoy a hot tub, grilling area, and indoor and outdoor pools. This is an excellent investment opportunity.

Last Agent to Sell the Property

Melanie Cameron

Coldwell Banker Sea Coast Advantage License #209100 Listed on: 08/22/2018

Coldwell Banker Sea Coast Advantage

Last Buyer's Agent

Jay Seville

Coldwell Banker Sea Coast Advantage-CB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,382

Year Built

  • Built in 1984

HOA Fees

  • $530 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Concrete Siding
  • Stick Built Home
  • Stucco

Interior Spaces

  • 1,005 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Lighted Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Indoor Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater

Additional Features

  • Ocean Front
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R09018-005-001-028

Community Details

Overview

  • Master Insurance
  • Pelican Watch Subdivision
  • Maintained Community

Recreation

  • Community Spa

Additional Features

  • Picnic Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,382

Year Built

Built in 1984

Lot Details

0

HOA Fees

$530 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Concrete
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 4th Floor or Higher Unit
  • Year Built: 1984
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Furnished, Elevator
  • Laundry Location: Room
  • List Price per Sq Ft: 343.28
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Bedroom 2 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1005.00
  • Total Heated Primary Separate Sq Ft: 1005.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Stucco
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Lighted, Shared, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Washer, Refrigerator, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Community Pool, Picnic Area, Water, Trash, Taxes, Spa/Hot Tub, Sewer, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Grounds, Indoor Pool, Flood Insurance, Fitness Center
  • HOAAssociationFee1Year: 6360.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1800.00
  • Lot Dimensions: condo
  • Zoning: MF

Tax Info

  • Tax Identifier: R09018-005-001-028
  • Tax Year: 2017

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2018
Closed on
Sep 25, 2018
Sold by
David Lisa Renee and Mattingly Kerry Patrick
Bought by
Kruse Dann Vaughan and Kruse Nancy Sanner
Seller's Agent
Melanie Cameron
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Jay Seville
Coldwell Banker Sea Coast Advantage-CB
List Price
$345,000
Sold Price
$340,000
Premium/Discount to List
-$5,000
-1.45%
Current Estimated Value
$601,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,030
Avg. Annual Appreciation
8.53%
Original Mortgage
$238,000
Outstanding Balance
$207,550
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$393,480

Purchase Details

Closed on
Jul 9, 2007
Sold by
Bostick Brian J and Bostick Alysa
Bought by
David Lisa R and Mattingly Kerry P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2004
Sold by
Crosby Trust (The)
Bought by
Bostick Brian J Alysa

Purchase Details

Closed on
Jul 22, 2003
Sold by
Crosby Harley A Doris M
Bought by
Bostick Brian J Alysa

Purchase Details

Closed on
Jul 1, 2003
Sold by
Crosby Harley A Doris M
Bought by
Bostick Brian J Alysa

Purchase Details

Closed on
Jun 26, 1995
Sold by
Crosby Doris M Harley A
Bought by
Crosby Trust (The)

Purchase Details

Closed on
Oct 18, 1994
Sold by
Taylor Evelyn
Bought by
Crosby Doris M Harley A

Purchase Details

Closed on
May 7, 1994
Sold by
Taylor James Andrew
Bought by
Taylor Evelyn

Purchase Details

Closed on
Dec 1, 1984
Sold by
Pelican Watch
Bought by
Taylor James A Evelyn

Purchase Details

Closed on
Jan 1, 1984
Bought by
Pelican Watch
Source: Public Records

Range of Values:

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Average Value
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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
Kruse Dann Vaughan $340,000 None Available
David Lisa R $430,000 None Available
Bostick Brian J Alysa -- --
Bostick Brian J Alysa -- --
Bostick Brian J Alysa $217,000 --
Crosby Trust (The) -- --
Crosby Doris M Harley A $105,000 --
Taylor Evelyn -- --
Taylor James A Evelyn $117,500 --
Pelican Watch -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kruse Dann Vaughan $238,000
Previous Owner David Lisa R $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2018 10/12/18 Sold $340,000 -1.4% $338 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $345,000 -- $343 / 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
2023 $2,382 $347,700 $0 $347,700
2022 $2,330 $347,700 $0 $347,700
2021 $2,399 $347,700 $0 $347,700
2020 $2,056 $257,000 $0 $257,000
2019 $2,056 $257,000 $0 $257,000
2018 $2,005 $257,000 $0 $257,000
2017 $2,043 $257,000 $0 $257,000
2016 $2,262 $263,600 $0 $263,600
2015 $2,133 $263,600 $0 $263,600
2014 $2,080 $263,600 $0 $263,600
Source: Public Records

Agents Affiliated with this Home

  • Melanie Cameron

    Seller's Agent in 2018

    Melanie Cameron

    Coldwell Banker Sea Coast Advantage

    (910) 233-2840

    7 in this area

    457 Total Sales

    Melanie Cameron
    Section Image

  • J

    Buyer's Agent in 2018

    Jay Seville

    Coldwell Banker Sea Coast Advantage-CB

See All Agents

About Pelican Watch

Map

Source: Hive MLS

MLS Number: 100131362

Hive MLS

APN: R09018-005-001-028

North Carolina New Hanover County Carolina Beach 28428

1403 S Lake Park Blvd Unit 503, Carolina Beach, NC

This home is located at 1403 S Lake Park Blvd Unit 503, Carolina Beach, NC 28428 since 22 August 2018 and is currently estimated at $601,030, approximately $598 per square foot. This property was built in 1984. 1403 S Lake Park Blvd Unit 503 is a home located in New Hanover County with nearby schools including Carolina Beach Elementary School, Charles P. Murray Middle School, and Eugene Ashley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS 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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