$750,000
SOLD AUG 5, 2024

5203 E Pelican Dr Oak Island, NC 28465

3 Beds
1 Bath
912 Sq Ft
0.27 Acres

Recently Sold

$822 Per Sq Ft

8% Below List Price

105 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Tankless Water Heater
  • Deck
  • Covered patio or porch
  • Combination Dining and Living Room

About This Home

As of March 2025

Seize the chance to own a slice of paradise with steady rental returns. This remarkable property boasts ocean views on an expansive lot and is being sold FULLY furnished. It is within close proximity to the beach access, Publix, charming local restaurants and shops. The lot could be subdivided to the original plat if the home is repositioned or moved. Don't delay--schedule your viewing today and witness the endless potential of this coastal gem!

Last Agent to Sell the Property

April Annas

Island Life Real Estate, LLC License #290359 Listed on: 02/08/2024

Last Buyer's Agent

Lindsey Jenkins

Century 21 Collective License #300358

Century 21 Collective

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,836

Year Built

  • Built in 1970

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 100x114.67x100.72x102.8
  • Property is zoned R7

Home Design

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

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Covered Parking
  • On-Site Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Heat Pump System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 249dd027

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,836

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: None
  • List Price per Sq Ft: 866.23
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 4
  • Sq Ft Heated: 912.00
  • Total Heated Primary Separate Sq Ft: 912.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Covered, Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Covered, On Site

Utilities

  • Cooling System: Heat Pump
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric, Tankless
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Schools

  • School District: Brunswick County Schools

Lot Info

  • Deed Page: 513.00
  • Lot Acres: 0.27
  • Lot Dimensions: 100x114.67x100.72x102.8
  • Lot Sq Ft: 11761.00
  • Lot Water Features: Third Row
  • Plat Book: 8
  • Plat Page: 140
  • Special Assessments: None Known
  • Zoning: R7
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 249dd027
  • Tax Year: 2023

MLS Schools

  • School District: Brunswick County Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2024
Closed on
Apr 17, 2025
Sold by
Goldblatt Tamar
Bought by
Cottage At Oak Island Llc
Seller's Agent
Lindsey Jenkins
Century 21 Collective
Buyer's Agent
Rose Glinski
Redfin Corporation
List Price
$999,999
Sold Price
$1,010,000
Premium/Discount to List
$10,001
1%
Views
7
Current Estimated Value
$985,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,672
Avg. Annual Appreciation
-4.61%
Original Mortgage
$808,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 17, 2024
Closed on
Mar 5, 2025
Sold by
Elan Homes Llc
Bought by
Goldblatt Tamar
Seller's Agent
Lindsey Jenkins
Century 21 Collective
Buyer's Agent
Rose Glinski
Redfin Corporation
List Price
$999,999
Sold Price
$1,010,000
Premium/Discount to List
$10,001
1%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2024
Closed on
Sep 12, 2024
Sold by
Elan Homes Llc
Seller's Agent
April Annas
Island Life Real Estate, LLC
Buyer's Agent
Lindsey Jenkins
Century 21 Collective
List Price
$814,900
Sold Price
$750,000
Premium/Discount to List
-$64,900
-7.96%
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.06%
Original Mortgage
$1,411,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2024
Closed on
Jul 18, 2024
Sold by
Kerr Ralph and Kerr Michelle
Bought by
Elan Homes Llc
Seller's Agent
April Annas
Island Life Real Estate, LLC
Buyer's Agent
Lindsey Jenkins
Century 21 Collective
List Price
$814,900
Sold Price
$750,000
Premium/Discount to List
-$64,900
-7.96%
Views
129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,411,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2016
Closed on
Jul 17, 2017
Sold by
Veto Beatriz Manduley and Veto Marvin T
Bought by
Kerr Michelle and Kerr Ralph
Seller's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
Buyer's Agent
Tami Huber
RE/MAX Southern Coast
List Price
$259,550
Sold Price
$230,000
Premium/Discount to List
-$29,550
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.23%
Original Mortgage
$265,655
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2016
Closed on
Jul 6, 2017
Sold by
Deason Betty M and The Estate Of Beatriz A Mandul
Bought by
Veto Beatriz
Seller's Agent
Christopher Kuhn
RE/MAX at the Beach / Oak Island
Buyer's Agent
Tami Huber
RE/MAX Southern Coast
List Price
$259,550
Sold Price
$230,000
Premium/Discount to List
-$29,550
-11.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,655
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2015
Sold by
Manduley Beatriz A
Bought by
Yeto Beatriz Manduley

Purchase Details

Closed on
Jun 1, 1975
Bought by
Manduley Beatriz A
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
Deed -- None Listed On Document
Special Warranty Deed $1,010,000 None Listed On Document
Special Warranty Deed $1,010,000 None Listed On Document
Deed -- None Listed On Document
Deed -- None Listed On Document
Warranty Deed $750,000 None Listed On Document
Warranty Deed $230,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $808,000 New Conventional
Previous Owner $1,411,000 New Conventional
Previous Owner $265,655 New Conventional
Previous Owner $265,655 New Conventional
Previous Owner $212,800 New Conventional
Previous Owner $182,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 Sold $1,010,000 +1.0% $582 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
12/17/2024 12/17/24 For Sale $999,999 +33.3% $576 / Sq Ft
08/05/2024 08/05/24 Sold $750,000 -5.1% $822 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
03/27/2024 03/27/24 Price Changed $790,000 -3.1% $866 / Sq Ft
02/08/2024 02/08/24 For Sale $814,900 +254.3% $894 / Sq Ft
07/17/2017 07/17/17 Sold $230,000 -11.4% $252 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
01/25/2016 01/25/16 For Sale $259,550 -- $285 / 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 $2,836 $716,200 $502,500 $213,700
2023 $1,805 $716,200 $502,500 $213,700
2022 $1,805 $326,630 $187,500 $139,130
2021 $1,790 $326,630 $187,500 $139,130
2020 $1,777 $326,630 $187,500 $139,130
2019 $1,777 $187,500 $187,500 $0
2018 $1,157 $208,440 $120,000 $88,440
2017 $1,024 $120,000 $120,000 $0
2016 $1,012 $120,000 $120,000 $0
2015 $1,012 $183,180 $120,000 $63,180
2014 $1,313 $261,820 $210,000 $51,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100426375

Hive MLS

APN: 249DD027