NOT LISTED FOR SALE

Pelican Watch 1403 S Lake Park Blvd Unit 604 Carolina Beach, NC 28428

Estimated Value: $642,000 - $735,000

3 Beds
2 Baths
1,152 Sq Ft
$683/mo HOA Fee

Last Sold October 10, 2022

Last sale price $725,000 $629 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,440/month

4 Days on Market

Highlights

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

About This Home

As of October 2022

Beautiful 6th floor fully furnished, 3-bedroom, 2-bath oceanfront condo has it all... awesome beach views, all the comforts of home and a great rental history! One of the premiere properties, located in desirable Pelican Watch, with indoor/outdoor pool, spa and weight room. Updated within the last year: newly painted, new water heater, washer/dryer, refrigerator, dishwasher, LVP floors throughout except the bathrooms. Bathrooms are fully renovated & tiled, master bath has a beautiful walk-in shower (dual shower heads, including handheld) & guest bath has a whirlpool tub. Smooth ceilings (no exposed wires) ceiling fans in all bedrooms & family room. Solid wood doors throughout. Whole home water softener system. Closet organizers in all 3-bedroom closets and 2 owner closets for convenience. Located in the center of the building, reducing utility costs. Listed on VRBO & Bullard's Rental program since 2014 (86 reviews 4.9 stars) Seller presently has 29K remaining rentals currently booked, and based on past history, expecting 16-18K for remainder of 2022. This lovely condo is turnkey ready for rentals or to use as your own beach getaway or both!

Last Agent to Sell the Property

Dena Bullard

Bullard Realty, Inc. License #157410 Listed on: 06/15/2022

Last Buyer's Agent

Jessika Jarrell

Coldwell Banker Sea Coast Advantage-CB License #297810

Coldwell Banker Sea Coast Advantage-CB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,724

Year Built

  • Built in 1984

Lot Details

  • Ocean Front
  • Sprinkler System

HOA Fees

  • $683 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Shutters
  • Blinds
  • Combination Dining and Living Room
  • Laminate Flooring
  • Attic Is Not Usable
  • Pest Guard System

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Stove
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Indoor Pool
  • In Ground Pool
  • Spa

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater
  • Water Softener
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number R09018-005-001-036

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Pelican Watch Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Community Spa

Pet Policy

  • Only Owners Allowed Pets

Security

  • Security Service
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,724

Year Built

Built in 1984

Lot Details

0

HOA Fees

$683 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Concrete, Steel Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1984
  • Trash Collection: City Pick-UP
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: No Access
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Elevator, Sprinkler System, Smoke Detectors, Furnished, Ceiling Fan(s)
  • List Price per Sq Ft: 629.34
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1152.00
  • Total Heated Primary Separate Sq Ft: 1152.00

Exterior Features

  • Exterior Features: Shutters - Functional
  • Exterior Finish: Stucco
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: Hot Tub, In Ground
  • Porch Balcony Deck: Balcony
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Membrane
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Water Softener, Washer, Self Cleaning Oven, Refrigerator, Range, Ice Maker, Dryer, Disposal, Dishwasher
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • Internet Service Provider: Spectrum
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, No Tenant Pets, Water, Trash, Taxes, Spa/Hot Tub, Security, Roof, Picnic Area, Pest Control, Owner Pets Only, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Grounds, Community Pool, Indoor Pool, Heating/Cooling, Flood Insurance, Fitness Center
  • HOAAssociationFee1Year: 8196.00

Lot Info

  • Deed Page: 1521.00
  • Lot Dimensions: Condo
  • Zoning: MF

Tax Info

  • Tax Identifier: R09018-005-001-036
  • Tax Year: 2021
  • Total Real Estate Property Taxes: 2724.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Sep 26, 2022
Sold by
Fergione Robert A and Fergione Efthalia R
Bought by
Cash Randy L and Cash Debora B
Seller's Agent
Dena Bullard
Bullard Realty, Inc.
Buyer's Agent
Jessika Jarrell
Coldwell Banker Sea Coast Advantage-CB
List Price
$725,000
Sold Price
$725,000
Views
1
Current Estimated Value
$684,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,523
Avg. Annual Appreciation
-1.91%

Purchase Details

Closed on
Sep 27, 2005
Sold by
Tenpenny A G and Tenpenny Barbara F
Bought by
Fergione Robert A and Fergione Efthalta R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 1989
Sold by
Brigman Paul H Lois S
Bought by
Tenpenny A G Barbara F

Purchase Details

Closed on
Aug 1, 1985
Sold by
Pelican Watch
Bought by
Brigman Paul H Lois S

Purchase Details

Closed on
Jan 1, 1984
Bought by
Pelican Watch
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
Cash Randy L $725,000 --
Cash Randy L $725,000 None Listed On Document
Fergione Robert A $560,000 None Available
Tenpenny A G Barbara F $100,000 --
Brigman Paul H Lois S $134,000 --
Pelican Watch -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fergione Robert A $359,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2022 10/10/22 Sold $725,000 0.0% $629 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $725,000 -- $629 / 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 $1,352 $394,800 $0 $394,800
2023 $1,352 $394,800 $0 $394,800
2022 $2,645 $394,800 $0 $394,800
2021 $2,724 $394,800 $0 $394,800
2020 $2,250 $281,300 $0 $281,300
2019 $2,250 $281,300 $0 $281,300
2018 $2,194 $281,300 $0 $281,300
2017 $2,236 $281,300 $0 $281,300
2016 $2,469 $287,800 $0 $287,800
2015 $2,328 $287,800 $0 $287,800
2014 $2,271 $287,800 $0 $287,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100333983

Hive MLS

APN: R09018-005-001-036