$530,000
SOLD OCT 24, 2019

5207 E Pelican Dr Oak Island, NC 28465

5 Beds
3.5 Baths
1,996 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$266 Per Sq Ft

12% Below List Price

543 Days on Market

Highlights

  • Ocean View
  • Main Floor Primary Bedroom
  • Walk-In Closet
  • Deck
  • No HOA
  • Outdoor Shower

About This Home

As of October 2019

New Construction.Take a look.. Gorgeous BEACH home that you have been dreaming about. Unbelievable OCEAN VIEWS..This spectaular five bedroom, three bathroom and a powder room home will offer OCEAN views from both the rear decks. It boasts a beautiful reverse open floor plan with the Living, kitchen, Dining room and master bedroom on top level. The kitchen has stainless appliances. Hardiplank siding and a metal roof. Too many features to name,Wonderful locaton, and just a short walk to the BEACH. Outside enclosed elevator can be added..

Last Agent to Sell the Property

Pat Proctor

Margaret Rudd Assoc/O.I. License #204923 Listed on: 03/21/2018

Last Buyer's Agent

John Hamilton

Better Beach Sales & Rentals, Inc. License #225370

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,661

Year Built

  • Built in 2018

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 48x97x50x90

Parking

  • Off-Street Parking

Home Design

  • Reverse Style Home
  • Wood Frame Construction
  • Metal Roof
  • Piling Construction
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 1,996 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring
  • Ocean Views
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 249dd025

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,661

Year Built

Built in 2018

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: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: See Remarks, Tile
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: Ceiling Fan(s), Reverse Floor Plan, Walk-In Closet, Walk-in Shower, Smoke Detectors
  • List Price per Sq Ft: 266.53
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Number Rooms: 11
  • Sq Ft Heated: 1996.00
  • Total Heated Primary Separate Sq Ft: 1996.00

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Composition
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Sewer Connected, Water Connected
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 575.00
  • Lot Acres: 0.10
  • Lot Dimensions: 48x97x50x90
  • Lot Number: 27
  • Lot Sq Ft: 4356.00
  • Plat Book: 8
  • Plat Page: 140
  • Zoning: residential
  • Lot View Type: Ocean View

Tax Info

  • Tax Identifier: 249dd025
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Oct 22, 2019
Sold by
Clark Easley Llc
Bought by
Goss Geoffrey W and Goss Laurie O
Seller's Agent
Pat Proctor
Margaret Rudd Assoc/O.I.
Buyer's Agent
John Hamilton
Better Beach Sales & Rentals, Inc.
List Price
$599,900
Sold Price
$530,000
Premium/Discount to List
-$69,900
-11.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.63%
Original Mortgage
$477,000
Outstanding Balance
$423,359
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$798,272

Purchase Details

Closed on
Sep 18, 2017
Sold by
Clark Roland C and Clark Carla L
Bought by
Clark Easley Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage
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 $530,000 None Available
Warranty Deed $92,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $477,000 New Conventional
Previous Owner $250,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 For Sale $1,249,000 +135.7% $626 / Sq Ft
10/24/2019 10/24/19 Sold $530,000 -11.7% $266 / Sq Ft
09/15/2019 09/15/19 Pending -- -- --
03/21/2018 03/21/18 For Sale $599,900 +566.6% $301 / Sq Ft
05/04/2017 05/04/17 Sold $90,000 -21.1% $45 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
03/23/2015 03/23/15 For Sale $114,000 -- $57 / 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 $3,661 $825,850 $251,250 $574,600
2023 $3,209 $825,850 $251,250 $574,600
2022 $3,209 $542,620 $93,750 $448,870
2021 $3,149 $542,620 $93,750 $448,870
2020 $2,995 $522,890 $93,750 $429,140
2019 $2,790 $93,750 $93,750 $0
2018 $433 $80,000 $80,000 $0
2017 $433 $80,000 $80,000 $0
2016 $430 $80,000 $80,000 $0
2015 $430 $80,000 $80,000 $0
2014 $550 $112,000 $112,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100106650

Hive MLS

APN: 249DD025