NOT LISTED FOR SALE

1919 E Pelican Dr Oak Island, NC 28465

Estimated Value: $789,000 - $912,000

0.17 Acre
$4,937,541 Price per Acre
7,612 Sq Ft Lot

Last Sold May 18, 2018

Last sale price $113,500

Est. 640% increase in value since last sale

Current estimated payment $4,610/month

4 Days on Market

Highlights

  • Water Views
  • Wooded Lot
  • Property fronts a marsh
  • Southport Elementary School Rated 9+
  • No HOA
  • Level Lot

About This Lot

As of May 2018

Hard to find 3rd row lot across the street from the marsh and the Davis canal on Oak Island. Easy walk to the beach, fishing pier and restaurants from this lot in a great desirable location. Build your dream home on this lot.

Last Agent to Sell the Property

John Dorazio

RE/MAX Southern Coast License #278540 Listed on: 03/15/2018

RE/MAX Southern Coast

Last Buyer's Agent

Tracy Swanson

Weichert, Realtors - Coastal Choice

Property Details

Property Type

  • Land

Lot Details

  • 7,612 Sq Ft Lot
  • Lot Dimensions are 56x136x56x136
  • Property fronts a marsh
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Property Views

  • Water Views

Schools

  • Virginia Williamson Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot L-19
  • Assessor Parcel Number 235og026

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 702941.18
  • Lot View Type: Marsh View
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: No

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Schools

  • Elementary School: Virginia Williamson
  • High School: South Brunswick
  • Middle School: South Brunswick

Lot Info

  • Cobra Zone: No
  • Deed Page: 1036.00
  • Lot Description: Partially Cleared, Wooded
  • Lot Dimensions: 56x136x56x136
  • Lot Number: L-19
  • Lot Sq Ft: 7612.00
  • Zoning: Residential
  • Acres: 0.17
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Level, Wooded
  • Lot Number2: L-19

Tax Info

  • Tax Identifier: 235og026
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
May 14, 2018
Sold by
King Matthew R and King Kathy
Bought by
Lyons Richard W and Lyons Marybeth
Seller's Agent
John Dorazio
RE/MAX Southern Coast
Buyer's Agent
Tracy Swanson
Weichert, Realtors - Coastal Choice
List Price
$119,500
Sold Price
$113,500
Premium/Discount to List
-$6,000
-5.02%
Current Estimated Value
$839,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$725,882
Avg. Annual Appreciation
29.67%
Original Mortgage
$262,800
Outstanding Balance
$226,280
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$613,103

Purchase Details

Listed on
Apr 15, 2013
Closed on
Aug 14, 2013
Sold by
Goforth Joe N and Goforth Patricia C
Bought by
King Matthew R and King Kathy
Seller's Agent
Hank Troscianiec & Associates
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Teresa Hunt
Coldwell Banker Sloane Realty HB
List Price
$99,900
Sold Price
$90,000
Premium/Discount to List
-$9,900
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lyons Richard W $113,500 None Available
King Matthew R $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyons Richard W $262,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2018 05/18/18 Sold $113,500 -5.0% --
03/19/2018 03/19/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $119,500 +32.8% --
08/23/2013 08/23/13 Sold $90,000 -9.9% -- View Prior Sale
08/14/2013 08/14/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $99,900 -- --
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 $3,014 $736,530 $240,000 $496,530
2024 $30 $736,530 $240,000 $496,530
2023 $2,329 $736,530 $240,000 $496,530
2022 $2,329 $409,420 $125,000 $284,420
2021 $2,299 $409,420 $125,000 $284,420
2020 $2,274 $409,420 $125,000 $284,420
2019 $1,896 $125,000 $125,000 $0
2018 $485 $90,000 $90,000 $0
2017 $485 $90,000 $90,000 $0
2016 $483 $90,000 $90,000 $0
2015 $483 $90,000 $90,000 $0
2014 $830 $170,000 $170,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100105702

Hive MLS

APN: 235OG026