tomo logo

$805,000

Beds
4
Baths
2.0
sq ft
1,530

1923 E Pelican Dr, Oak Island, NC 28465

1923 E Pelican Dr

Oak Island, NC 28465

  • 10 days on market
A fully furnished coastal retreat that offers the perfect balance of relaxation and convenience. This beach home features 4 bedrooms and 2 bathrooms. Step outside to enjoy the expansive, full-length screened-in back porch - an ideal spot to unwind and take in the serene surroundings. The property has ample parking space, including room for either an RV or a boat, making it perfect for those who enjoy outdoor adventures. Just a short stroll to the public beach access and only minutes away from a variety of local attractions, including parks, piers, and restaurants. Surrounded by mature trees, this home offers a peaceful, private setting, perfect for enjoying quiet moments or hosting gatherings. Whether you're searching for a second home or a vacation rental investment, this property provides an exceptional opportunity to embrace the Oak Island lifestyle.

Details

Property type

Single Family Residence

Est. home value

$723,059

Lot size

8,059 sq ft

Price per sq ft

$527

Year built

1985

Annual property taxes

$4,296.81

HOA

No

Price History

03/25/2025
NorthCarolinaRegional

NorthCarolinaRegional #100496663

Listed
$805,000
+35.52%
02/28/2022
NorthCarolinaRegional

NorthCarolinaRegional #100310645

Sold
$594,000

Schools & Community

Elementary school: 

Southport

Middle school: 

South Brunswick

High school: 

South Brunswick

High school district: 

Brunswick County Schools

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$295,899
Asking price
$805,000
Closing costs (~8% of asking)
-$64,400
Est. remaining loan balance
-$444,701
Cash to seller
$295,899

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Atlantic Bay Mortgage Group Llc

Loan start date

February 2022

Original loan amount

$475,200

Est. remaining balance

$444,701

Interest rate

3.22%

Loan type

New Conventional, 30 year

Seller

Thomas C Peduto and Tammy A Phillips

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/04/2025 at 4:30 PM

Listing updated: 03/26/2025 at 11:06 AM

Listed by: Joe D Southern, Margaret Rudd Assoc/O.I. Phone #: (910) 278-5213

MLS: NorthCarolinaRegional #100496663

NorthCarolinaRegional logo

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