$325,000
SOLD JUL 29, 2016

2902 E Pelican Dr Oak Island, NC 28465

3 Beds
2 Baths
1,344 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$242 Per Sq Ft

2% Below List Price

44 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Central Air
  • Vaulted Ceiling
  • Porch
  • Combination Dining and Living Room

About This Home

As of September 2021

Peace and Serenity abound with gorgeous views of the ocean and marsh. Situated on beautiful marsh front land, this home is not only steps from the beach, but also a peaceful stroll across the walk over to reach the Oak Island Community Center. The open easy flowing floor plan allows for several entertainment areas. Beautiful ocean views are visible from two of the bedrooms, and the hammock down stairs is the perfect place to relax while enjoying the peaceful breeze.This home is not only beautiful but functional as well. The solid core vinyl siding was installed on top of the existing wood providing for excellent insulation and low power bills. Whether you are looking for a forever home, a get away, or a fantastic rental property, this home is a value you don't want to miss!

Last Agent to Sell the Property

Debi Dolan-Prince

Wilkinson ERA Real Estate Listed on: 05/09/2016

Last Buyer's Agent

Pat Proctor

Margaret Rudd Assoc/O.I. License #204923

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1989

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 49x185x52x206
  • Property fronts a marsh
  • Property is zoned OK-R-7

Home Design

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

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Ocean Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 235oi038

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,508

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: Yes
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Year Built: 1989
  • Road Frontage Type: Marsh Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling - Vaulted, Wash/Dry Connect, Pantry
  • List Price per Sq Ft: 247.77
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Sq Ft Heated: 1344.00
  • Total Heated Primary Separate Sq Ft: 1344.00

Exterior Features

  • Exterior Features: Security Lighting
  • Exterior Finish: Aluminum Siding, Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 1293.00
  • Lot Acres: 0.22
  • Lot Dimensions: 49x185x52x206
  • Lot Number: 1
  • Lot Sq Ft: 9583.00
  • Plat Book: 200
  • Plat Page: J
  • Zoning: OK-R-7
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 235oi038
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 1508.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2021
Closed on
Sep 10, 2021
Sold by
Trumpower Scott D and Trumpower Dana M
Bought by
Lail Phillip R and Lail Elizabeth B
Seller's Agent
Pat Proctor
Margaret Rudd Assoc/O.I.
Buyer's Agent
Tammy Littlejohn
Keller Williams Innovate-OKI
List Price
$558,999
Sold Price
$550,000
Premium/Discount to List
-$8,999
-1.61%
Current Estimated Value
$773,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,237
Avg. Annual Appreciation
9.02%
Original Mortgage
$467,500
Outstanding Balance
$430,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$341,495

Purchase Details

Listed on
May 9, 2016
Closed on
Jul 25, 2016
Sold by
Shepherd Caroline Z
Bought by
Trumpower Scott D and Trumpower Dana M
Seller's Agent
Debi Dolan-Prince
Wilkinson ERA Real Estate
Buyer's Agent
Pat Proctor
Margaret Rudd Assoc/O.I.
List Price
$333,000
Sold Price
$325,000
Premium/Discount to List
-$8,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$225,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2005
Sold by
Shepherd Thomas W
Bought by
Shepherd Caroline Z
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 None Available
Warranty Deed $325,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $467,500 New Conventional
Previous Owner $225,000 New Conventional
Previous Owner $269,100 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2021 09/23/21 Sold $550,000 -1.6% $402 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
08/01/2021 08/01/21 For Sale $558,999 +72.0% $409 / Sq Ft
07/29/2016 07/29/16 Sold $325,000 -2.4% $242 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $333,000 -- $248 / 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
2024 $2,364 $566,500 $250,000 $316,500
2023 $1,833 $566,500 $250,000 $316,500
2022 $1,833 $314,900 $142,000 $172,900
2021 $1,833 $314,900 $142,000 $172,900
2020 $1,778 $314,900 $142,000 $172,900
2019 $1,778 $142,610 $142,000 $610
2018 $1,533 $125,520 $125,000 $520
2017 $1,533 $125,520 $125,000 $520
2016 $1,508 $125,520 $125,000 $520
2015 $1,508 $268,240 $125,000 $143,240
2014 $1,580 $306,798 $200,000 $106,798
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100011896

Hive MLS

APN: 235OI038