NOT LISTED FOR SALE

2518 W Pelican Dr Oak Island, NC 28465

Estimated Value: $858,000 - $1,060,000

4 Beds
3 Baths
1,619 Sq Ft
$602/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $545,000 $337 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,403/month

139 Days on Market

Highlights

  • Marina
  • Views of a Sound
  • Golf Course Community
  • Southport Elementary School Rated 9+
  • Boat Dock
  • Home fronts a sound

About This Home

As of August 2020

It's all about location & this home is in a premium location with the best of both worlds-WATERFRONT with dock and convenient to Oak Island's pet friendly sandy beaches. Flood Insurance is only $547. Yr While this home has rental potential and projection of $44,000+ for the year, it is not on rental program & only enjoyed by the owners who lovingly built this home. You may chose to take advantage of rental possibilities or keep it all to yourself; the choice is YOURS! Start enjoying life at beach even sooner because you do not even have to move furniture, it's included! This is a rare opportunity on Oak Island to have a dock AND convenient beach access.Are you ready for BEACH life? The town 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: 02/21/2020

Last Buyer's Agent

Kim Anderson

Art Skipper Realty Inc. License #142880 Listed on: 02/21/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,512

Year Built

  • Built in 2003

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 50 x 282
  • Property fronts a marsh
  • Home fronts a sound
  • Home fronts a canal
  • Property is zoned R7

Parking

  • On-Site Parking

Property Views

  • Views of a Sound
  • Canal
  • Creek or Stream

Home Design

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

Interior Spaces

  • 1,619 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 234oa02001

Community Details

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center

Additional Features

  • No Home Owners Association
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,512

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Year Built: 2003
  • Road Frontage Type: Canal Front, Sound Front, Marsh Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Carpet, Wood
  • Heated Sq Ft: 1600 - 1799
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Furnished, Blinds/Shades, Ceiling Fan(s), Ceiling - Vaulted
  • List Price per Sq Ft: 355.16
  • Master Bedroom Level: N/A
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 6
  • Sq Ft Heated: 1619.00
  • Total Heated Primary Separate Sq Ft: 1619.00

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Porch, Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Basketball Court, Playground, Tennis Court(s), Street Lights, Sidewalk, Restaurant, Ramp, Marina, Fitness Center, Golf Course

Lot Info

  • Deed Page: 550.00
  • Lot Acres: 0.32
  • Lot Dimensions: 50 x 282
  • Lot Sq Ft: 13939.00
  • Lot Water Features: Boat Dock
  • Plat Book: 2.5
  • Plat Page: 182-189
  • Zoning: R7
  • Lot View Type: Canal View, Marsh View, Water View, Sound View, Creek View

Tax Info

  • Tax Identifier: 234oa02001
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Aug 18, 2020
Sold by
Wilson Thomas D and Wilson Carol H
Bought by
Almond Richard L and Almond Mitzie A
Seller's Agent
Kim Anderson
Art Skipper Realty Inc.
Buyer's Agent
Kim Anderson
Art Skipper Realty Inc.
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%
Current Estimated Value
$974,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,430
Avg. Annual Appreciation
11.92%
Original Mortgage
$436,000
Outstanding Balance
$386,763
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$587,667

Purchase Details

Closed on
Apr 4, 2011
Sold by
Rigsbee David C and Rigsbee Cynthia
Bought by
Bell Richard Eugene and Bell Cynthia Williams

Purchase Details

Closed on
Aug 21, 2006
Sold by
Warenn David A and Warenn Dena C
Bought by
Wilson Thomas D and Wilson Carol H
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
Almond Richard L $520,000 None Available
Bell Richard Eugene $138,000 None Available
Wilson Thomas D $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almond Richard L $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $545,000 -5.2% $337 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $575,000 -- $355 / 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 $3,512 $867,130 $385,000 $482,130
2024 $3,512 $867,130 $385,000 $482,130
2023 $2,815 $867,130 $385,000 $482,130
2022 $2,815 $501,990 $230,000 $271,990
2021 $2,815 $480,920 $230,000 $250,920
2020 $2,650 $480,920 $230,000 $250,920
2019 $2,650 $242,140 $230,000 $12,140
2018 $2,275 $221,660 $215,000 $6,660
2017 $2,275 $221,660 $215,000 $6,660
2016 $2,250 $221,660 $215,000 $6,660
2015 $2,250 $409,480 $215,000 $194,480
2014 $2,378 $472,219 $325,000 $147,219
Source: Public Records

Agents Affiliated with this Home

  • Kim Anderson

    Seller's Agent in 2020

    Kim Anderson

    Art Skipper Realty Inc.

    (910) 269-3334

    564 in this area

    842 Total Sales

    Kim Anderson
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Map

Source: Hive MLS

MLS Number: 100205741

Hive MLS

APN: 234OA02001

North Carolina Brunswick County Oak Island 28465

2518 W Pelican Dr, Oak Island, NC

This home is located at 2518 W Pelican Dr, Oak Island, NC 28465 since 21 February 2020 and is currently estimated at $974,430, approximately $601 per square foot. This property was built in 2003. 2518 W Pelican Dr is a home located in Brunswick County with nearby schools including Southport Elementary School, South Brunswick Middle School, and South Brunswick 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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