NOT LISTED FOR SALE

2704 W Pelican Dr Oak Island, NC 28465

Estimated Value: $1,179,000 - $1,526,000

0.39 Acre
$3,561,477 Price per Acre
16,988 Sq Ft Lot

Last Sold March 23, 2017

Last sale price $200,000

Est. 594% increase in value since last sale

Current estimated payment $7,710/month

1,409 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 0.39 Acre Lot
  • Lot Has A Rolling Slope
  • Southport Elementary School Rated 9+

About This Lot

As of March 2017

GREAT WATERFRONT CANAL LOT ON BEACHSIDE OF OAK ISLAND !!..DOCK YOUR BOAT AT BACK AND WALK STRAIGHT TO BEACH IN FRONT....HIGH ELEVATED LOT...BREATHTAKING SUNSETS OVER CANAL AND MARSH....ONE OF THE BEST LOTS OF THIS KIND STILL AVAILABLE IN OAK ISLAND...2 STORY HOME WILL HAVE GREAT OCEAN VIEWS !!.....POSSIBLE OWNER FINANCING !! SEWER TAP IS PAID

Last Agent to Sell the Property

Joseph Phillips

Premier Homes License #121673 Listed on: 04/19/2013

Last Buyer's Agent

Sharon Zakszeski

Coldwell Banker Seacoast Advantage License #60478

Coldwell Banker Seacoast Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,578

Lot Details

  • 0.39 Acre Lot
  • 50 Feet of Waterfront
  • Lot Has A Rolling Slope

Property Views

  • Water Views

Community Details

  • Property has a Home Owners Association
  • W. Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 204619614528

Property Details

Property Type

Land

Est. Annual Taxes

$1,578

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 50
  • Water Frontage: 50.00

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Book: 993
  • Deed Page: 179.00
  • Lot Dimensions: 50X357 Approx. See Agent Notes
  • Lot Number: 2
  • Lot Sq Ft: 17067.00
  • Zoning: res
  • Acres: 0.39
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 561538.46
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Rolling
  • Lot Number2: 2

Tax Info

  • Tax Identifier: 204619614528
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 1578.00
  • Total Real Estate Property Taxes: 1578.00

MLS Schools

  • Elementary School: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2021
Sold by
Yale Paul J and Jenkins Julie H
Bought by
Yale John Paul and Yale Paul J
Current Estimated Value
$1,388,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$226,836
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,162,140

Purchase Details

Closed on
Jun 3, 2021
Sold by
Jenkins Yale J and Jenkins Julie H
Bought by
Yale John Paul and Jenkins Julie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$226,836
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,162,140

Purchase Details

Closed on
Nov 5, 2018
Sold by
Sanderson William L and Sanderson Glenda W
Bought by
Yale Paul J and Jenkins Julie H

Purchase Details

Listed on
Apr 19, 2013
Closed on
Mar 21, 2017
Sold by
Stone Linda B
Bought by
Sanderson William L and Sanderson Glenda W
Seller's Agent
Joseph Phillips
Premier Homes
Buyer's Agent
Sharon Zakszeski
Coldwell Banker Seacoast Advantage
List Price
$289,000
Sold Price
$200,000
Premium/Discount to List
-$89,000
-30.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.31%

Purchase Details

Closed on
Sep 3, 2013
Sold by
Stone David L and Stone Carol H
Bought by
Stone Linda B

Purchase Details

Closed on
Apr 25, 2005
Sold by
Stone David L
Bought by
Stone Linda B
Source: Public Records

Range of Values:

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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
Yale John Paul -- None Listed On Document
Yale John Paul -- None Available
Yale Paul J $292,000 Specialty Title
Sanderson William L $200,000 None Available
Stone Linda B -- None Available
Stone Linda B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yale John Paul $250,000
Closed Yale John Paul $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2017 03/23/17 Sold $200,000 -30.8% --
02/26/2017 02/26/17 Pending -- -- --
04/19/2013 04/19/13 For Sale $289,000 -- --
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 -- $1,232,940 $385,000 $847,940
2024 $5,110 $1,232,940 $385,000 $847,940
2023 $4,397 $1,232,940 $385,000 $847,940
2022 $4,397 $768,920 $230,000 $538,920
2021 $0 $579,830 $230,000 $349,830
2020 $1,391 $262,510 $230,000 $32,510
2019 $1,391 $262,510 $230,000 $32,510
2018 $1,228 $231,510 $215,000 $16,510
2017 $1,141 $215,000 $215,000 $0
2016 $1,139 $215,000 $215,000 $0
2015 $1,139 $215,000 $215,000 $0
2014 $1,578 $325,000 $325,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 20673278

Hive MLS

APN: 234OA012