Closing Price:
$829,000
$829,000
11 Pelican Watch Way,
Southern Shores, NC 27949
3 bd
3 ba
2160 sq ft
MLS #: 117828
Status: Closed
Sold Details
Status: Closed
Sold Price: $800,000.00
Closing Date: 5/13/2022
Contract Date: 4/2/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 31
Due Diligence Date: 5/4/2022
Listing Information
Area: Southern Shores Oceanside
Mls Status: Closed
Days On Market: 31
Cumulative Days On Market: 31
Listing Price: $829,000
Original Listing Price: $869,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/13/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 2160
Asking Price Per SqFt: $384.00
Heated Living Area Sq Ft: 2160
BedroomsTotal: 3
Bathrooms Full: 3
Year Built: 1990
Garage: Carport
Architectural Style: Coastal
Sub Type: Condominium
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer, Wine Cooler
Roof: Asphalt
Parking: Underground
Foundation: Piling
Pool: Yes
Pool Type: Association
Pool Features: Association
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump
Flooring: Carpet, Laminate
Construction Materials: Frame, Wood Siding
Legal Description
County: Dare
Subdivision: Pelican Watch
Deed Book: 1351
Deed Book Page Number: 0215
County Pin Number: 98771702912901
Price Change: 5/12/2022
Road Surface: Paved, Private
Association Amenities: Board Walk, Common Area, Outdoor-Comm. Pool
Lot Details
Lot Features: Cul-De-Sac, Level
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2021
Annual Property Taxes: $3,953.00
Water Source: Municipal
Contract Status Change Date: 5/13/2022
Estimated Annual Fee Amt: $3,000.00
Sewer: Septic Tank
Association Fee Includes: Electricity, Maintenance Grounds, Management, Pool, Road Maintenance, Walkways
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Lap Siding,Wood
Extras: Beach Access,Boardwalk to Beach,Jet Tub,Sun Deck,Inside Laundry Room
HOA Contact Name: Mike Johnson
Primary Residence: No
HOA Contact Info: (609) 707-5232
Rental Income
Annual Rental Income: 89189
Rental Performance: 0.1115
Owner Renatl Income 2022 Amount: 25095
Avertised Income 2021 Amount: 29429
Owner Rental Income 2021 Amount: 26201
Avertised Income 2021 Amount: 31189
Listing Agent Remarks
What you've been waiting for, a 4 bedroom (seller uses the den as the 4th bedroom), 3 bath home in charming Pelican Watch. There's no place like this intimate waterfront townhome-style community with its central location, community pool, and small neighborhood feel. You'll find the ease of oceanside living at its best. Exquisite ocean vistas and a glorious beach await. Park the car and walk or ride a bike to your choice of restaurants, specialty stores, grocery stores, the community pool and more. In a highly sought after location sited directly across the street from one of the beach accesses which maximizes this unit's ocean view. The first level offers a large great room, with lots of windows providing plenty of natural light and ocean views from living and dining area. Have two cooks in the family? No problem here! Enjoy a generous renovated kitchen with granite countertops, wood laminate flooring, stainless steel appliances including a wine cooler and a smaller "drink" fridge. Just off the great room is a slider leading to a partially covered porch and a wrap around sun deck all with amazing ocean views. Perfect for hanging out at night and watching the moon rise over the ocean or star gazing. Also on this level is a Queen Bedroom and a full bath. The top level boasts 3 bedrooms, 1 is an ensuite with a private bath. The ensuite bedroom has a high lofted ceiling, a private bath with jet tub, double vanity, and a private covered deck. There are 2 more queen bedrooms that share a full hall bath. The washer and dryer are also conveniently located on this floor as well. The exterior has plenty of storage on the ground floor, covered parking in carports, an outside shower, and a fish cleaning station. For $95/yr to join the Southern Shores Civic Association and enjoy Soundside Marinas with boat launches, picnic/fishing/crabbing areas, sound front beach, additional private Beach accesses, parks, basketball and soccer field. Seller limit rentals to "in season" weeks only. New septic installed in 2007, new HVAC in 2017. See rental projection if buyer would like to maximize rental potential.
Directions
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