$415,000
SOLD OCT 16, 2020

503 Pelican Ct Unit 503 Kure Beach, NC 28449

3 Beds
2 Baths
1,064 Sq Ft
$1,089/mo HOA Fee

Recently Sold

$390 Per Sq Ft

3% Below List Price

5 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Ocean Side of Freeway
  • Carolina Beach Elementary School Rated A-
  • Indoor Pool
  • Clubhouse

About This Home

As of October 2020

Enjoy gorgeous ocean views from this 3-bedroom, 2-bath oceanfront condo in the resort community of Ocean Dunes. This top-floor end unit is light and bright, in pristine condition, and located on a fabulous area of the beach strand, with strong dune protection. Spend the day enjoying the beach and Ocean Dunes amenities, and then return to relax or dine out on your large oceanfront deck, with the sound of the waves as your backdrop. An added bonus is that this unit is located next to the outdoor pool/gazebo and grill/picnic area, and across from the Ft. Fisher Recreation Center, where you can take an evening stroll and watch a beautiful sunset over the Cape Fear River! This lovely unit boasts a newer HVAC (2017); vinyl windows and sliders; a renovated kitchen with cottage-style cabinetry, stainless appliances, and a large one-level breakfast bar; engineered hardwood floors throughout (tile in baths); wainscot detail; hurricane shutters; and a rare front porch area. The roof on this building was installed in 2019. Beautifully decorated in beachy colors, this unit comes fully furnished with all appliances, and has an established rental history for turnkey operation. The condo also includes an assigned 2-car carport and a locked ground-level storage closet. Ocean Dunes offers resort-style amenities, including 3 outdoor pools and 1 indoor pool, beachside gazebos and private beach accesses, tennis courts, basketball and shuffleboard courts, playground, a recreation center and gorgeous meeting room, a fitness center, baths/showers, and whirlpool spa. The HOA fees cover most everything (including cable, trash, water/sewer, master and flood insurance, exterior building maintenance, and pest control). Pleasure Island offers many amenities, including the NC State Aquarium, the Ft. Fisher Recreation Area beaches, the Ft. Fisher State Historic Park, and the Ft. Fisher-Southport Ferry (all a quick bike ride away). Perfect as a beach getaway or rental, this condo is a must see!

Last Agent to Sell the Property

Alicia Devereaux

Intracoastal Realty Corp Listed on: 09/03/2020

Last Buyer's Agent

Donna Waller

Landmark Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,561

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • End Unit

HOA Fees

  • $1,089 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 2 Attached Carport Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Indoor Pool
  • Ocean Side of Freeway
  • Porch

Location

  • Flood Insurance May Be Required

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 302812.95.8765.025

Community Details

Overview

  • Master Insurance
  • Ocean Dunes Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,561

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,089 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 3rd Floor Unit, End Unit
  • Year Built: 1982
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: See Remarks, Wood, Tile
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Furnished, Ceiling Fan(s)
  • Laundry Location: Closet
  • List Price per Sq Ft: 403.20
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1064.00
  • Total Heated Primary Separate Sq Ft: 1064.00

Exterior Features

  • Exterior Features: Shutters - Board/Hurricane
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Porch, See Remarks
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Carport Spaces: 2.00
  • Total Carport Spaces: 2.00
  • Parking Driveway: Assigned, Paved, Off Street, Carport

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, See Remarks, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Picnic Area, Water, Trash, Tennis Court(s), Taxes, Sewer, See Remarks, Playground, Community Pool, Master Insure, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Indoor Pool, Flood Insurance, Fitness Center, Clubhouse
  • HOAAssociationFee1Year: 13068.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 316.00
  • Lot Dimensions: CONDO
  • Lot Water Features: Ocean Side
  • Plat Book: 3
  • Plat Page: 55
  • Zoning: RA-3A
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 302812.95.8765.025
  • Tax Year: 2020

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 5, 2020
Sold by
Lewis Geoffrey B and Lewis Jennifer D
Bought by
Tublitz Rachel and Coll Kerri
Seller's Agent
Alicia Devereaux
Intracoastal Realty Corp
Buyer's Agent
Donna Waller
Landmark Sotheby's International Realty
List Price
$429,000
Sold Price
$415,000
Premium/Discount to List
-$14,000
-3.26%
Total Days on Market
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$307,500
Outstanding Balance
$228,828
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$265,440

Purchase Details

Closed on
Feb 22, 2002
Sold by
Andrascik Richard S Judith A
Bought by
Lewis Geoffrey B Jennifer D

Purchase Details

Closed on
Sep 30, 1992
Sold by
Schulte Fritz Annette Marie
Bought by
Andrascik Richard S Judith A

Purchase Details

Closed on
Sep 9, 1991
Sold by
Schulte Fritz
Bought by
Schulte Fritz Annette Marie

Purchase Details

Closed on
Jun 1, 1988
Sold by
Samuels Wm T Jr Nancy J
Bought by
Schulte Fritz

Purchase Details

Closed on
Dec 1, 1982
Sold by
Newton Jackson R Louise F
Bought by
Samuels Wm T Jr Nancy J

Purchase Details

Closed on
Feb 1, 1982
Bought by
Ocean Dunes
Source: Public Records

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Range of Values:

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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 $415,000 None Available
Deed $162,000 --
Deed $100,000 --
Deed -- --
Deed $118,500 --
Deed $81,500 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $307,500 New Conventional
Previous Owner $257,250 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2025 06/02/25 Pending -- -- --
04/29/2025 04/29/25 Price Changed $459,900 -6.1% $432 / Sq Ft
02/16/2025 02/16/25 Price Changed $489,900 -10.1% $460 / Sq Ft
10/14/2024 10/14/24 For Sale $544,900 +31.3% $512 / Sq Ft
10/16/2020 10/16/20 Sold $415,000 -3.3% $390 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $429,000 -- $403 / 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 $2,561 $346,100 $0 $346,100
2023 $2,477 $346,100 $0 $346,100
2022 $2,495 $346,100 $0 $346,100
2021 $2,564 $346,100 $0 $346,100
2020 $2,400 $268,200 $0 $268,200
2019 $2,400 $268,200 $0 $268,200
2018 $2,374 $268,200 $0 $268,200
2017 $2,293 $268,200 $0 $268,200
2016 $2,721 $299,700 $0 $299,700
2015 $2,504 $299,700 $0 $299,700
2014 $2,444 $299,700 $0 $299,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100234975

Hive MLS

APN: R09316-002-001-503