NOT LISTED FOR SALE

5503 E Pelican Dr Oak Island, NC 28465

Estimated Value: $506,000 - $805,000

3 Beds
1.5 Baths
901 Sq Ft
$708/Sq Ft Est. Value

Sale Details

Date Sold: December 8, 2017

Last sale price $245,000 $272 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $3,599 / mo

409 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Porch
  • Southport Elementary School Rated 9+
  • No HOA
  • Storm Windows

About This Home

As of December 2017

Marvelous island cottage with all the charm of Oak Island. Very short walking distance to the beach, beautiful ocean views with sea breezes from your screened-in porch. This home has been very well taken care of and has never been rented.

Last Agent to Sell the Property

Glenn Breitwieser

Wilkinson ERA Real Estate Listed on: 09/04/2016

Last Buyer's Agent

Tom Rye

RE/MAX at the Beach / Calabash License #258150

RE/MAX at the Beach / Calabash

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $952

Year Built

  • Built in 1983

Lot Details

  • 7,467 Sq Ft Lot
  • Lot Dimensions are 50x150x49x151
  • Property is zoned OK-CB

Home Design

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

Interior Spaces

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

Kitchen

  • Stove
  • Range Hood
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 250ae014

Community Details

Overview

  • No Home Owners Association
  • E. Long Beach Subdivision

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$952

Year Built

Built in 1983

Lot Details

7,467 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Vent Hood, Stove/Oven - Electric, Ice Maker, Dryer
  • List Priceper Sq Ft: 310.77
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 952.00
  • Waterview: Yes
  • Year Built: 1983
  • Lot View Type: Ocean View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl, Laminate
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Wash/Dry Connect, Furnished, Ceiling Fan(s), Blinds/Shades
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 901.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 901.00

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Windows, Storm Doors, Security Lighting
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Off Street, Unpaved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 800 - 999
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Brunswick Electric
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Schools

  • School District: Brunswick

Lot Info

  • Cobra Zone: No
  • Deed Page: 872.00
  • Lot Acres: 0.17
  • Lot Dimensions: 50x150x49x151
  • Lot Number: 21
  • Lot Sq Ft: 7467.00
  • Lot Water Features: Third Row
  • Zoning: OK-CB

Tax Info

  • Tax Identifier: 250ae014
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2016
Closed on
Nov 9, 2017
Sold by
Marsh Catherine L
Bought by
Contreras Edwin
Seller's Agent
Glenn Breitwieser
Wilkinson ERA Real Estate
Buyer's Agent
Tom Rye
RE/MAX at the Beach / Calabash
List Price
$330,000
Sold Price
$245,000
Premium/Discount to List
-$85,000
-25.76%
Current Estimated Value
$638,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,064
Avg. Annual Appreciation
12.04%
Original Mortgage
$196,000
Outstanding Balance
$164,455
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$473,609

Purchase Details

Closed on
Oct 1, 2000
Bought by
Marsh Catherine L
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
Contreras Edwin $245,000 None Available
Marsh Catherine L -- --
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 Contreras Edwin $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2017 12/08/17 Sold $245,000 -25.8% $272 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
09/04/2016 09/04/16 For Sale $330,000 -- $366 / Sq Ft
Source: Hive MLS

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
2025 $2,351 $563,150 $335,000 $228,150
2024 $24 $563,150 $335,000 $228,150
2023 $1,637 $563,150 $335,000 $228,150
2022 $1,637 $277,580 $125,000 $152,580
2021 $1,607 $277,580 $125,000 $152,580
2020 $1,582 $277,580 $125,000 $152,580
2019 $1,582 $125,000 $125,000 $0
2018 $966 $172,040 $80,000 $92,040
2017 $966 $80,000 $80,000 $0
2016 $953 $80,000 $80,000 $0
2015 $952 $171,870 $80,000 $91,870
2014 $1,101 $217,790 $145,000 $72,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100028966

Hive MLS

APN: 250AE014

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