NOT LISTED FOR SALE

60 Pelican Dr Unit B Wrightsville Beach, NC 28480

Estimated Value: $1,116,000 - $1,486,000

2 Beds
2 Baths
1,005 Sq Ft
$375/mo HOA Fee

Last Sold May 06, 2019

Last sale price $703,700 $700 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,213/month

172 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Views of a Sound
  • Boat Slip
  • Wrightsville Beach Elementary School Rated A-
  • Boat Dock
  • Deck

About This Home

As of May 2019

Waterfront Wrightsville Beach! Breathtaking unobstructed water views of the Intracoastal Waterway, Lees Cut & the beautiful marshes surrounding this 2 bedroom with 2 full bath Condo situated on the very desirable & quiet street of Pelican Drive. 2 Boat Slips convey. 1 dedicated & 1 shared. Sunrises on the front deck & Sunsets on the back deck. 1 car garage for all your water toys & storage. Great onsite & on street parking. Exceptional value for a property at this price as a 2nd home or investment.

Last Agent to Sell the Property

Robbie Robinson

Intracoastal Realty Corp License #268495 Listed on: 08/31/2018

Intracoastal Realty Corp

Last Buyer's Agent

Evan Barton

Cadence Realty Corporation License #274182

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,144

Year Built

  • Built in 1969

Lot Details

  • Property fronts a marsh
  • Fenced Yard

HOA Fees

  • $375 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Intracoastal Views

Home Design

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

Interior Spaces

  • 1,005 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Gas Log Fireplace
  • Living Room
  • Carpet
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Boat Slip
  • Deck
  • Porch

Location

  • Flood Insurance May Be Required

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot Unit B
  • Assessor Parcel Number R05715-002-012-002

Community Details

Overview

  • Master Insurance
  • The Palms Condominiums Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,144

Year Built

Built in 1969

Lot Details

0

HOA Fees

$375 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: One
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Dining Room Type: Kitchen
  • Fireplace: 1
  • Flooring: Carpet
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Ceiling - Trey, Gas Logs
  • Laundry Location: Hall, Hookup - Washer, Hookup - Dryer
  • List Price per Sq Ft: 695.52
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Bedroom 1 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1005.00
  • Total Heated Primary Separate Sq Ft: 1005.00

Exterior Features

  • Exterior Features: Shutters - Board/Hurricane
  • Exterior Finish: Vinyl Siding
  • Fencing: Back Yard
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Assigned, Paved

Utilities

  • Appliances Equipment: Dryer, Washer, Refrigerator
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City/Town
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Maint - Grounds, Master Insure, Maintenance Structure, Flood Insurance, Boat Slip - Assign
  • HOAAssociationFee1Year: 4500.00

Schools

  • School District: New Hanover

Lot Info

  • Deed Page: 1715.00
  • Lot Number: Unit B
  • Lot Water Features: Boat Dock, Deeded Water Rights, Boat Slip
  • Zoning: R-1
  • Lot View Type: ICW View, Sound View, Marsh View

Tax Info

  • Tax Identifier: R05715-002-012-002
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 4144.00

MLS Schools

  • School District: New Hanover

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
May 6, 2019
Sold by
Kiviat Shaun
Bought by
Skiv Holdings Llc
Seller's Agent
Robbie Robinson
Intracoastal Realty Corp
Buyer's Agent
Evan Barton
Cadence Realty Corporation
List Price
$699,000
Sold Price
$703,700
Premium/Discount to List
$4,700
0.67%
Current Estimated Value
$1,364,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,063
Avg. Annual Appreciation
10.50%
Original Mortgage
$1,500,000
Outstanding Balance
$1,316,193
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$1,224

Purchase Details

Listed on
Aug 31, 2018
Closed on
Mar 19, 2019
Sold by
Bostrom Lars E and Bostrom Katherine D
Bought by
Kiviat Shaun
Seller's Agent
Robbie Robinson
Intracoastal Realty Corp
Buyer's Agent
Evan Barton
Cadence Realty Corporation
List Price
$699,000
Sold Price
$703,700
Premium/Discount to List
$4,700
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,316,193
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$1,224

Purchase Details

Closed on
May 30, 2007
Sold by
Beatty Keith
Bought by
Bostrom Robert T and Bostrom Lars E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$668,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2005
Sold by
Little Tommie L and Little Marilee M
Bought by
Beatty Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 1998
Sold by
Matt Fred J
Bought by
Little Tommie L Marilee M

Purchase Details

Closed on
May 31, 1994
Sold by
Faris Mervyn Lee Nancy J
Bought by
Matt Fred J
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Skiv Holdings Llc -- None Available
Kiviat Shaun $704,000 None Available
Bostrom Robert T $835,000 None Available
Beatty Keith $750,000 None Available
Little Tommie L Marilee M $290,000 --
Matt Fred J $442,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skiv Holdings Llc Series 5 Pel $665,000
Closed Skiv Holdings Llc $560,000
Open Skiv Holdings Llc $1,500,000
Previous Owner Kiviat Shaun $1,500,000
Previous Owner Bostrom Robert T $560,000
Previous Owner Bostrom Robert T $668,000
Previous Owner Beatty Keith $663,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2019 05/06/19 Sold $703,700 +0.7% $700 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
08/31/2018 08/31/18 For Sale $699,000 -- $696 / 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 -- $716,000 $0 $716,000
2023 -- $716,000 $0 $716,000
2022 $0 $716,000 $0 $716,000
2021 $3,405 $716,000 $0 $716,000
2020 $3,405 $498,900 $0 $498,900
2019 $3,405 $498,900 $0 $498,900
2018 $3,405 $498,900 $0 $498,900
2017 $4,144 $594,100 $0 $594,100
2016 $4,847 $641,100 $0 $641,100
2015 $4,533 $641,100 $0 $641,100
2014 $4,404 $641,100 $0 $641,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100132971

Hive MLS

APN: R05715-002-012-002