NOT LISTED FOR SALE

1622 E Pelican Dr Oak Island, NC 28465

Estimated Value: $609,855 - $767,000

3 Beds
2 Baths
1,320 Sq Ft
$509/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $352,000 $267 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,483/month

3 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Ocean Side of Freeway
  • Southport Elementary School Rated 9+
  • Home fronts a creek
  • Home fronts a canal

About This Home

As of July 2020

Waterfront home with dock for crabbing & watching birds along with other scenery. Situated on lot wider than most with room for outdoor activities and a short distance to Oak Island sandy beaches. While this home has not been on a rental program, the potential is there and estimated at $35,000! This home features 3 bedrooms and 2 full baths. Large great room and open deck overlooking creek & marsh is ideal for tanning, grillin & chillin or just enjoying the coastal breezes! Appliances & furniture are included so bring your toothbrush & head to the beach after closing rather than moving furniture. Free standing gas log heater for those cooler evenings. Are you ready for BEACH life? The town of Oak Island offers numerous amenities such as golf, tennis, basketball, picnic area, boat launches & public docks & water accesses yet NO hoa fees!

Last Agent to Sell the Property

Kim Anderson

Art Skipper Realty Inc. License #142880 Listed on: 06/20/2020

Last Buyer's Agent

Kim Anderson

Art Skipper Realty Inc. License #142880 Listed on: 06/20/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1983

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 75x106
  • Home fronts a creek
  • Property fronts a marsh
  • Home fronts a canal
  • Property is zoned R7

Property Views

  • Canal
  • Creek or Stream

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 235og047

Community Details

Overview

  • No Home Owners Association

Amenities

  • Picnic Area
  • Restaurant

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Dryer
  • List Priceper Sq Ft: 284.09
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Year Built: 1983
  • Lot View Type: Canal View, Water View, Marsh View, Creek View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Blinds/Shades, Smoke Detectors, Furnished, Ceiling Fan(s)
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1320.00
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Total Heated Primary Separate Sq Ft: 1320.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Open, Porch, Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Road Frontage Type: Canal Front, Creek Front

Garage/Parking

  • Parking Driveway: Off Street, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump, Other-See Remarks
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: Basketball Court, Sidewalk, Trail(s), Tennis Court(s), Street Lights, Picnic Area, Restaurant, Playground, Fitness Center, Golf Course

Lot Info

  • Cobra Zone: No
  • Deed Page: 419.00
  • Lot Acres: 0.18
  • Lot Dimensions: 75X106
  • Lot Sq Ft: 7841.00
  • Lot Water Features: Ocean Side
  • Zoning: R7

Tax Info

  • Tax Identifier: 235og047
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Jul 13, 2020
Sold by
Wilbur & Cynthia Corcoran Revocable Trust
Bought by
Je & Wc Properties Llc
Seller's Agent
Kim Anderson
Art Skipper Realty Inc.
Buyer's Agent
Kim Anderson
Art Skipper Realty Inc.
List Price
$375,000
Sold Price
$352,000
Premium/Discount to List
-$23,000
-6.13%
Current Estimated Value
$672,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,464
Avg. Annual Appreciation
12.54%

Purchase Details

Closed on
Sep 12, 2016
Sold by
Corcoran Cynthia and Corcoran Wilbur
Bought by
The Wilbur & Cynthia Corcoran Revocable

Purchase Details

Closed on
Sep 22, 2010
Sold by
Jones Peggy D
Bought by
Corcoran Cynthia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Je & Wc Properties Llc $352,000 None Available
The Wilbur & Cynthia Corcoran Revocable -- None Available
Corcoran Cynthia $310,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $352,000 -6.1% $267 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $375,000 -- $284 / 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
2025 -- $541,330 $250,000 $291,330
2024 $23 $541,330 $250,000 $291,330
2023 $1,757 $541,330 $250,000 $291,330
2022 $300 $300,460 $142,000 $158,460
2021 $300 $300,460 $142,000 $158,460
2020 $0 $300,460 $142,000 $158,460
2019 $1,702 $142,000 $142,000 $0
2018 $1,499 $261,710 $125,000 $136,710
2017 $1,499 $125,000 $125,000 $0
2016 $1,474 $125,000 $125,000 $0
2015 $1,474 $261,710 $125,000 $136,710
2014 $1,528 $295,870 $200,000 $95,870
Source: Public Records

Agents Affiliated with this Home

  • Kim Anderson

    Seller's Agent in 2020

    Kim Anderson

    Art Skipper Realty Inc.

    (910) 269-3334

    546 in this area

    811 Total Sales

    Kim Anderson
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Map

Source: Hive MLS

MLS Number: 100223382

Hive MLS

APN: 235OG047

North Carolina Brunswick County Oak Island 28465

1622 E Pelican Dr, Oak Island, NC

Not Listed for Sale

Detached

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