NOT LISTED FOR SALE

38 Pelican Point Rd Unit 33 Wilmington, NC 28409

Estimated Value: $430,000 - $523,000

3 Beds
2 Baths
1,955 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $468,000 $239 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,683/month

3 Days on Market

Highlights

  • 1 Fireplace
  • Bonus Room
  • Enclosed Patio or Porch
  • Masonboro Elementary School Rated A
  • No HOA
  • Breakfast Area or Nook

About This Home

As of October 2023

Look no further. Renovated brick Ranch in highly sought after area of Wilmington with NO HOA dues. Located on a quiet dead-end street in the heart of Wilmington in highly sought after Masonboro, myrtle grove, and Hoggard school district. Located on a large private lot, this home is sure to impress with all its upgrades. The upgrades include New Roof, New Windows with transferrable warranty, new HVAC with 10-year transferable warranty, New Roof, New Kitchen, New Plumbing, New LVP Flooring, New master, shower, new toilets, All new plumbing fixtures, new electrical fixtures inside and out, new ceiling fans, new paint.Open floorplan is great for entertaining. Master bedroom with tiled shower and walk in closet along with 2 other bedrooms and full bath. Upstairs you will find a nicely sized bonus room that could be used as a 4th bedroom. Glassed in Lanai with mini split that is NOT included in the sq footage. Large lot over 1/3 acre with mature Landscaping. This home is truly turnkey and will not last long. This was a quality renovation, and it shows. Just a short drive to all the beaches and close to everything Wilmington has to offer.

Last Agent to Sell the Property

Living By the Coast Realty Group

RE/MAX Executive Listed on: 09/19/2023

Last Buyer's Agent

Hunter Malone

Navigate Realty License #328812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,267

Year Built

  • Built in 1977

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 130 x 130
  • Property is zoned R-15

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,955 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Additional Features

  • Enclosed Patio or Porch
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Pelican Point Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number R07213-005-011-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,267

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: Kitchen Island, Smoke Detectors
  • List Price per Sq Ft: 240.41
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Bonus Room Level: First
  • Breakfast Nook Level: First
  • Dining Room Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1955.00
  • Total Heated Primary Separate Sq Ft: 1955.00

Exterior Features

  • Exterior Finish: Brick Veneer
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Enclosed
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Covered, Garage Faces Front, On Site, Paved

Utilities

  • Cooling System: Heat Pump
  • Fuel Tank: None
  • Heating System: Fireplace(s), Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 311.00
  • Lot Acres: 0.35
  • Lot Dimensions: 130 x 130
  • Lot Number: 33
  • Lot Sq Ft: 14900.00
  • Plat Book: 13
  • Plat Page: 17
  • Zoning: R-15

Tax Info

  • Tax Identifier: R07213-005-011-000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 1267.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Oct 26, 2023
Sold by
Domin Jeffrey J
Bought by
Nelson Jonathan and Nelson Haley
Seller's Agent
Living By the Coast Realty Group
RE/MAX Executive
Buyer's Agent
Hunter Malone
Navigate Realty
List Price
$460,000
Sold Price
$468,000
Premium/Discount to List
$8,000
1.74%
Views
20
Current Estimated Value
$481,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,260
Avg. Annual Appreciation
1.45%
Original Mortgage
$468,000
Outstanding Balance
$459,323
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$21,937

Purchase Details

Closed on
Mar 22, 2023
Sold by
Sloop Kelly Melinda and Sloop Harold D
Bought by
Domin Jeffrey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2023
Sold by
Canzano Thomas C
Bought by
Moon David K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 1998
Sold by
Davis Ralph T Jean
Bought by
Sloop Kelly Melinda

Purchase Details

Closed on
Mar 1, 1977
Bought by
Davis Ralph T Jean
Source: Public Records

Range of Values:

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Average Value
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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
Nelson Jonathan $468,000 Fidelity National Title
Domin Jeffrey J $250,000 --
Moon David K $323,000 --
Sloop Kelly Melinda $91,500 --
Davis Ralph T Jean $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Jonathan $468,000
Previous Owner Domin Jeffrey J $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $468,000 -0.4% $239 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/25/2023 09/25/23 Price Changed $470,000 +2.2% $240 / Sq Ft
09/22/2023 09/22/23 For Sale $460,000 -- $235 / 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 $1,466 $266,500 $108,200 $158,300
2023 $1,466 $242,500 $108,200 $134,300
2022 $1,347 $242,500 $108,200 $134,300
2021 $1,340 $242,500 $108,200 $134,300
2020 $1,233 $194,900 $55,000 $139,900
2019 $1,226 $193,800 $55,000 $138,800
2018 $1,226 $193,800 $55,000 $138,800
2017 $1,255 $193,800 $55,000 $138,800
2016 $1,210 $174,600 $60,500 $114,100
2015 $1,124 $174,600 $60,500 $114,100
2014 $1,105 $174,600 $60,500 $114,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100405728

Hive MLS

APN: R07213-005-011-000