NOT LISTED FOR SALE

985 Pelican Ct Corolla, NC 27927

Estimated Value: $1,242,000 - $1,561,000

7 Beds
9 Baths
3,253 Sq Ft
$439/Sq Ft Est. Value

Last Sold September 21, 2021

Last sale price $1,393,508 $428 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,159/month

About This Home

As of September 2021

taxes based on land only. Seller is licensed NC Real Estate Agent.

Last Agent to Sell the Property

David Hoare

SAGA Realty and Construction License #169514 Listed on: 07/09/2021

Last Buyer's Agent

David Hoare

SAGA Realty and Construction License #169514 Listed on: 07/09/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $371

Year Built

  • Built in 2021

Lot Details

  • 0.33

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • 3,253 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms

Pool

  • In Ground Pool
  • Outdoor Pool

Additional Features

  • Level Lot
  • Heat Pump System

Community Details

  • Jeff Shields Association, Phone Number (252) 261-1200
  • Built by SAGA Construction
  • Corolla Shores Subdivision

Listing and Financial Details

  • Tax Lot lot 11

Property Details

Property Type

Other

Est. Annual Taxes

$371

Year Built

Built in 2021

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: RESIDENTIAL
  • Heated Sq Ft: 3253
  • L V T Date: 07/12/2021
  • Phase: 3
  • Sale/Rent: For Sale
  • Section: 1
  • Zoning: res
  • Deed Book Pg Number: 889
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C18181
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: NewHome
  • Property Sub Type: Other

Interior Features

  • Bedrooms: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: SAGA Construction
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 1200
  • Hoa Contact: Jeff Shields
  • HOA Contact: 252-261-1200

Lot Info

  • Lot Description: Level
  • Lot Number: lot 11
  • Deed Book: 1203

Building Info

  • Year Built: 2021

Tax Info

  • Year: 2020
  • Taxes: 371

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2023
Sold by
Callender Margaret E and Callender Michael A
Bought by
Callender Michael A
Current Estimated Value
$1,427,971

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 21, 2021
Sold by
Cs Land Holding Llc
Bought by
Callender Michael A and Callender Margaret E
Seller's Agent
David Hoare
SAGA Realty and Construction
Buyer's Agent
David Hoare
SAGA Realty and Construction
List Price
$1,193,508
Sold Price
$1,393,508
Premium/Discount to List
$200,000
16.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.57%
Original Mortgage
$1,114,806
Interest Rate
3.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Callender Michael A -- None Listed On Document
Callender Michael A -- None Listed On Document
Callender Michael A $1,200,000 --
Callender Michael A $1,200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Callender Michael A $1,114,806
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2021 09/21/21 Sold $1,393,508 0.0% $428 / Sq Ft
08/27/2021 08/27/21 Price Changed $1,393,508 +16.8% $428 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $1,193,508 -- $367 / Sq Ft
Source: Outer Banks Association of REALTORS®

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
2025 $7,187 $920,200 $170,000 $750,200
2024 $7,171 $920,200 $170,000 $750,200
2023 $6,156 $920,200 $170,000 $750,200
2022 $867 $170,000 $170,000 $0
2021 $867 $70,000 $70,000 $0
2020 $371 $70,000 $70,000 $0
2019 $371 $70,000 $70,000 $0
2018 $371 $70,000 $70,000 $0
2017 $336 $70,000 $70,000 $0
2016 $336 $70,000 $70,000 $0
2015 $336 $70,000 $70,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115192

Outer Banks Association of REALTORS®

APN: 115G-000-0011-0000