NOT LISTED FOR SALE

17 Pelican Point Rd Wilmington, NC 28409

Estimated Value: $527,064 - $568,000

3 Beds
2 Baths
1,772 Sq Ft
$310/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $515,000 $291 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,065/month

95 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Community Beach Access
  • 0.61 Acre Lot
  • Masonboro Elementary School Rated A
  • Boat Ramp
  • 1 Fireplace

About This Home

As of February 2024

This RARE DEEDED WATER-ACCESS opportunity could be yours. Don't miss this charming split-level brick home located in a highly desirable area of town off Masonboro Loop and in the Hoggard School District. Down a quiet street leading to private deeded water access & boat ramp, this meticulously maintained 3 bedroom, 2 bathroom was redesigned with the coastal lifestyle in mind. This home features many custom features and updates throughout, including a new kitchen with granite countertops, premium painted cabinetry with soft close drawers, retro-styled GE Artistry appliances, laminate wood flooring, and designer light fixtures. The amazing floor to ceiling windows with plantation shutters bring in all the natural light. Some other features include a painted brick wood-burning fireplace in den, antique barn door in primary bedroom, spacious sunroom includes the laundry room, tile floors, and includes custom surf & paddle board rack and built-in shelving. Many period details were preserved during renovation, including the bathroom tiles, maintaining the vintage character of the home but with updated showers fixtures and vanities. This property is .61 acres and offers all the space for outdoor entertaining, featuring a back deck with lights, pergola & built in seating, a large covered patio anchored by a gas grill, providing year-round cooking and dining options. Enjoy mature landscaping & a back yard garden filled with oaks, azaleas, camellias, crepe myrtles & dog woods, the blooms love to show off. Property also has a 16x16 concrete pad already installed, that would easily accommodate your future storage shed or perfect for an additional outdoor area. Bring your boat, paddleboard or kayak... this home in Pelican Point has water access directly on the ICWW, featuring a private community beach and boat ramp. Just a short drive to Wrightsville Beach or Carolina Beach, and a short boat ride to Masonboro Island..NO HOA

Last Agent to Sell the Property

Jennifer Buske Young

Nest Realty License #268269 Listed on: 10/13/2023

Nest Realty

Last Buyer's Agent

Dan Barentine

Nest Realty License #290131

Nest Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,663

Year Built

  • Built in 1972

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 100x262x102x261
  • Property fronts a private road
  • Wood Fence
  • Property is zoned R15

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 1,772 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Range Hood
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 3 Parking Spaces
  • Driveway
  • Paved Parking

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deeded access to the beach
  • Boat Ramp
  • Covered Patio or Porch
  • Gazebo
  • Pergola
  • Outdoor Gas Grill

Schools

  • Masonboro Elementary School
  • Myrtle Grove Middle School
  • Hoggard High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Programmable Thermostat
  • Electric Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number R07213-002-004-000

Community Details

Overview

  • No Home Owners Association
  • Pelican Point Subdivision

Recreation

  • Community Beach Access
  • Beach

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,663

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: Yes
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1972
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination, Formal
  • Fireplace: 1
  • Flooring: Carpet, LVT/LVP, Tile
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: Blinds/Shades, Ceiling Fan(s), Foyer, Smoke Detectors, Solid Surface
  • Laundry Location: Room
  • List Price per Sq Ft: 290.63
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 10
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Primary Bedroom Level: Second
  • Sq Ft Heated: 1772.00
  • Total Heated Primary Separate Sq Ft: 1772.00

Exterior Features

  • Exterior Features: Gas Grill, Security Lighting
  • Exterior Finish: Brick
  • Exterior Structures: Covered Area, Gazebo, Pergola, See Remarks
  • Fencing: Partial, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Patio, See Remarks
  • Road Type Frontage: Private, Public (City/Cty/St), See Remarks
  • Roof: Composition
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00
  • Garage And Parking R V Boat Spaces: 1.00
  • Parking Driveway: Concrete, Paved

Utilities

  • Appliances Equipment: Dishwasher, Disposal, Dryer, Refrigerator, See Remarks, Stove/Oven - Electric, Vent Hood, Washer
  • Cooling System: Central, Zoned
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Fireplace(s), Zoned
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: Cape Fear Public Utility Authority
  • Service Providers Water Provider: Cape Fear Public Utility Authority
  • Utilities: Community Sewer, Municipal Sewer Available, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Beach Access, Beach Rights, Ramp, See Remarks

Lot Info

  • Deed Page: 2904.00
  • Lot Acres: 0.61
  • Lot Description: See Remarks
  • Lot Dimensions: 100x262x102x261
  • Lot Number: 3
  • Lot Sq Ft: 26572.00
  • Lot Water Features: Boat Ramp, Deeded Beach Access, Deeded Water Access, Water Access Comm
  • Zoning: R15

Green Features

  • Green Bldg Features: Energy Star Appl, Prog Thermostats

Tax Info

  • Tax Identifier: R07213-002-004-000
  • Tax Year: 2023

MLS Schools

  • Elementary School: Masonboro
  • High School: Hoggard
  • Middle School: Myrtle Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Feb 12, 2024
Sold by
Wright Naomi and Wright Brian
Bought by
Moates Joseph William and Moates Meredith Monaghan
Seller's Agent
Jennifer Buske Young
Nest Realty
Buyer's Agent
Dan Barentine
Nest Realty
List Price
$534,000
Sold Price
$515,000
Premium/Discount to List
-$19,000
-3.56%
Views
228
Current Estimated Value
$549,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,766
Avg. Annual Appreciation
4.06%
Original Mortgage
$386,250
Outstanding Balance
$379,437
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$170,329

Purchase Details

Listed on
Jul 28, 2016
Closed on
Aug 31, 2016
Sold by
Reynolds Helen L
Bought by
Wright Naomi
Seller's Agent
Brett Knowles
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Jennifer Buske Young
Nest Realty
List Price
$210,000
Sold Price
$205,500
Premium/Discount to List
-$4,500
-2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.11%
Original Mortgage
$132,500
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2000
Sold by
Reynolds Quimby C
Bought by
Reynolds Helen L

Purchase Details

Closed on
May 1, 1977
Bought by
Reynolds Quimby C Helen
Source: Public Records

Range of Values:

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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
Moates Joseph William $515,000 None Listed On Document
Wright Naomi $206,000 None Available
Reynolds Helen L -- --
Reynolds Quimby C Helen $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moates Joseph William $386,250
Previous Owner Wright Naomi $132,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2024 02/15/24 Sold $515,000 0.0% $291 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/09/2024 01/09/24 Price Changed $515,000 -1.0% $291 / Sq Ft
11/21/2023 11/21/23 Price Changed $520,000 -2.6% $293 / Sq Ft
10/13/2023 10/13/23 For Sale $534,000 +159.9% $301 / Sq Ft
09/02/2016 09/02/16 Sold $205,500 -2.1% $121 / Sq Ft View Prior Sale
08/08/2016 08/08/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $210,000 -- $123 / 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 $1,663 $304,100 $199,200 $104,900
2022 $1,672 $304,100 $199,200 $104,900
2021 $1,677 $304,100 $199,200 $104,900
2020 $1,129 $178,500 $55,000 $123,500
2019 $1,129 $178,500 $55,000 $123,500
2018 $1,129 $178,500 $55,000 $123,500
2017 $1,156 $178,500 $55,000 $123,500
2016 $1,329 $191,800 $84,700 $107,100
2015 $1,235 $191,800 $84,700 $107,100
2014 $1,214 $191,800 $84,700 $107,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100409633

Hive MLS

APN: R07213-002-004-000