NOT LISTED FOR SALE

5227 E Pelican Dr Oak Island, NC 28465

Estimated Value: $861,853 - $930,000

4 Beds
2 Baths
1,700 Sq Ft
$522/Sq Ft Est. Value

Sale Details

Date Sold: June 20, 2025

Last sale price $878,000 $516 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,986 / mo

11 Days on Market

Highlights

  • Ocean View
  • Deck
  • Main Floor Primary Bedroom
  • Southport Elementary School Rated 9+
  • Vaulted Ceiling
  • Furnished

About This Home

As of June 2025

Location! Location! Location! Ready to own this piece of paradise on Oak Island? It is a proven renter nestled in the heart of everything with an ocean view! What more can you want? Bring family and friends to enjoy this 4 bedroom 2 bath piling home newly renovated and ready for new owners. Being offered fully furnished with exceptions so bring your flip flops, swim suit and sense of adventure. With ocean and island views off 6 porches/balconies both screened and open air on both sided of the home you'll spend as much time outside as inside. Travel up the outside staircase to the main level of the home with open floor plan, towering vaulted ceiling and new LVP flooring. Relax in the living room, share a meal in the dining area prepared from the newly renovated kitchen! 2 bedrooms and newly remodeled hall bath and laundry room complete this floor. Upstairs you'll find 2 additional bedrooms and hall bath as well as a birds eye view into the living room. The home is situated on a .19 acre lot with ocean view and currently no neighbor to the left. The extended backyard leaves ample room for future pool (with town approval), fence or play area. There is ample gravel parking with more space underneath the home to get out of the sun and hang out, park a vehicle or golf cart or get the suntan lotion & sand off in the outdoor shower. A storage area offers plenty of room for beach chairs and toys! Conveniently located off 52nd St near all the amenities Oak Island has to offer including the splash pad, skate park, amphitheater, playground, tennis, pickle ball and of course the beach! Make this home your getaway to paradise or investment rental before someone else whisks it away!

Last Agent to Sell the Property

The Dooley Group

Discover NC Homes Listed on: 04/06/2025

Last Buyer's Agent

Doreen Eby

Fathom Realty NC LLC License #272957

Fathom Realty NC LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,516

Year Built

  • Built in 1984

Lot Details

  • 8,451 Sq Ft Lot
  • Lot Dimensions are 50 x 182 x 52 x 167
  • Property is zoned Ok-R-7

Home Design

  • Architectural Shingle Roof
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ocean Views
  • Fire and Smoke Detector
  • Laundry Room

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • Covered Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Southport Elementary School
  • South Brunswick Middle School
  • South Brunswick High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 249dd015

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,516

Year Built

Built in 1984

Lot Details

8,451 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 1984
  • Property Sub Type: Single Family Residence
  • View: Ocean
  • Original List Price: 899900.00
  • Unit Levels: Two
  • Living Area: 1700.00
  • Is New Construction?: No
  • Island Or Mainland: Island
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 529.35
  • Special Features: None

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Flooring: Carpet, LVT/LVP, Tile
  • Interior Amenities: Vaulted Ceiling(s), High Ceilings, Ceiling Fan(s), Walk-in Shower, Blinds/Shades
  • Master Bedroom Level: Primary Living Area
  • Stories: 2
  • Furnished: Furnished
  • Laundry Features: Laundry Room
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Has Fireplace?: No
  • Total Bedrooms: 7
  • Room Types: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Master Bedroom, Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 2.00
  • Living Area Range: 1600 - 1799
  • Floor Plans Count: 1
  • Floor Plans Change Timestamp: 2025-04-06T22:05:24Z

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Roof: Architectural Shingle
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
  • Waterfront Features: None
  • Waterfront?: No
  • Foundation Details: Other, Pilings
  • Patio And Porch Features: Open, Covered, Deck, Porch, Screened, Balcony

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Covered, Gravel, Concrete, Off Street

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating System Fuel Source: Electric
  • Water Source: Public
  • Security Features: Smoke Detector(s)
  • Cooling: Central Air, Heat Pump
  • Has Cooling?: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Has H O A?: No

Schools

  • Elementary School: Southport
  • High School: South Brunswick
  • Junior High Dist: Brunswick County Schools
  • Middle Or Junior School: South Brunswick

Lot Info

  • Deed Book: 4388
  • Deed Page: 1262.00
  • Lot Number: 17
  • Zoning: Ok-R-7
  • Lot Size Acres: 0.19
  • Lot Size: 50 X 182 X 52 x 167
  • Lot Size Sq Ft: 8451.00
  • Purchase Contract Date: 2025-04-16
  • Parcel#: 249dd015
  • Cobra Zone Y N: No
  • Permitted Use: Public

Tax Info

  • Tax Year: 2024
  • Tax Book Number: 7
  • Tax Lot: 17
  • Tax Map Number: 105
  • Tax Other Assessment Amount Frequency: None
  • Tax Amount: 4516.05

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2025
Closed on
Jun 16, 2025
Sold by
Bought by
Seller's Agent
The Dooley Group
Discover NC Homes
Buyer's Agent
Doreen Eby
Fathom Realty NC LLC
List Price
$899,900
Sold Price
$878,000
Premium/Discount to List
-$21,900
-2.43%
Views
42
Current Estimated Value
$887,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,963
Avg. Annual Appreciation
1.13%
Original Mortgage
$658,500
Outstanding Balance
$656,793
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$231,170

Purchase Details

Closed on
Jun 24, 2020
Sold by
Bought by

Purchase Details

Closed on
Apr 4, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,750
Interest Rate
4.16%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 1, 1997
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$878,000 None Listed On Document
$878,000 None Listed On Document
-- None Available
$329,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $658,500
Closed $658,500
Previous Owner $246,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $878,000 -2.4% $516 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/05/2025 04/05/25 For Sale $899,900 -- $529 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,618 $685,290 $335,000 $350,290
2024 $28 $685,290 $335,000 $350,290
2023 $2,160 $685,290 $335,000 $350,290
2022 $2,160 $377,210 $125,000 $252,210
2021 $2,130 $377,210 $125,000 $252,210
2020 $2,105 $377,210 $125,000 $252,210
2019 $2,105 $125,000 $125,000 $0
2018 $1,399 $80,050 $80,000 $50
2017 $1,394 $80,000 $80,000 $0
2016 $1,369 $80,000 $80,000 $0
2015 $1,412 $241,740 $80,000 $161,740
2014 $1,403 $263,920 $140,000 $123,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100499401

Hive MLS

APN: 249DD015

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