NOT LISTED FOR SALE

2722 W Pelican Dr Oak Island, NC 28465

Estimated Value: $1,520,000 - $1,993,004

0.42 Acre
$4,398,812 Price per Acre
18,295 Sq Ft Lot

Last Sold August 12, 2016

Last sale price $155,000

Est. 1,092% increase in value since last sale

Current estimated payment $10,298/month

204 Days on Market

Highlights

  • 60 Feet of Waterfront
  • 0.42 Acre Lot
  • No HOA
  • Southport Elementary School Rated 9+

About This Lot

As of August 2016

WAERFRONT!! Great price on West end WITH EASY BEACH ACCESS & DOCK CLOSE BY OR THINK ABOUT PUTTING IN YOUR OWN DOCK!. This will not last long and adjoining lots available for sale also. This is the area with lots of new development and beautiful homes. Rare opportunity WATERFRONT 4TH ROW LOT!!

Last Agent to Sell the Property

Kim Anderson

Art Skipper Realty Inc. License #142880 Listed on: 10/01/2015

Last Buyer's Agent

Kim Anderson

Art Skipper Realty Inc. License #142880 Listed on: 10/01/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $823

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 50x367
  • 60 Feet of Waterfront
  • Property is zoned OK-CR

Property Views

  • Water Views

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Community Details

  • No Home Owners Association
  • W. Long Beach Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 234oa009001

Property Details

Property Type

Land

Est. Annual Taxes

$823

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: 30
  • Water Frontage: 60.00

Utilities

  • Fuel Tank: None

Association/Amenities

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

Schools

  • School District: Brunswick

Lot Info

  • Deed Book: 3581
  • Deed Page: 981.00
  • Lot Dimensions: 50X367
  • Lot Number: 11
  • Lot Sq Ft: 18250.00
  • Plat Book: 2.5
  • Plat Page: 260
  • Zoning: OK-CR
  • Acres: 0.42
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 416666.67
  • Soil Evaluation: Soil Evaluation - No
  • Topography: See Remarks
  • Lot Number2: 11

Tax Info

  • Tax Identifier: 234oa009001
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 823.00
  • Total Real Estate Property Taxes: 823.00

MLS Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Middle School: South Brunswick
  • School District: Brunswick

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2017
Sold by
Huntley Justin Robert and Cummings Matthew Shea
Bought by
Cummings Matthew Shea and Cummings Angela
Current Estimated Value
$1,847,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Cummings Matthew Shea -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cummings Matthew Shea $568,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2016 08/12/16 Sold $155,000 -11.4% --
04/22/2016 04/22/16 Pending -- -- --
10/01/2015 10/01/15 For Sale $175,000 -- --
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 $6,376 $1,511,990 $350,000 $1,161,990
2024 $6,376 $1,511,990 $350,000 $1,161,990
2023 $5,949 $1,511,990 $350,000 $1,161,990
2022 $5,784 $1,030,190 $200,000 $830,190
2021 $5,859 $1,030,190 $200,000 $830,190
2020 $5,784 $1,030,190 $200,000 $830,190
2019 $5,784 $292,590 $200,000 $92,590
2018 $4,362 $204,430 $135,000 $69,430
2017 $721 $135,000 $135,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Anderson

    Seller's Agent in 2016

    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: 20696943

Hive MLS

APN: 234OA00906

North Carolina Brunswick County Oak Island 28465

2722 W Pelican Dr, Oak Island, NC

This home is located at 2722 W Pelican Dr, Oak Island, NC 28465 since 01 October 2015 and is currently estimated at $1,847,501. 2722 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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