NOT LISTED FOR SALE

109 Cedar Ln Unit 12 Cedar Point, NC 28584

Estimated Value: $218,000 - $272,000

1 Bed
1 Bath
704 Sq Ft
$345/Sq Ft Est. Value

Last Sold November 26, 2021

Last sale price $172,500 $245 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,689/month

32 Days on Market

Highlights

  • Boat Ramp
  • Boat Slip
  • Tile Flooring
  • White Oak Elementary School Rated A-
  • Brick Exterior Construction
  • Forced Air Heating and Cooling System

About This Home

As of November 2021

NEWLY RENOVATED WATER FRONT 2ND FLOOR ONE BEDROOM, 1 BATH CONDOMINIUM. OPEN FLOOR PLAN WITH SPACIOUS DECK LOOKING OUT OVER THE WHITE OAK RIVER. YOU WILL EXPERIENCE THE MOST BEAUTIFUL SUN SETS OVER THE RIVER EVERY EVENING. THE AMENITIES INCLUDE A BOAT RAMP AND DOCK WITH 7 BOAT SLIPS. A STAINLESS FISH CLEANING STATION WITH LIGHT AND RUNNING FRESH WATER. A DESIGNATED TWO CAR PARKING SPOT. THE HOME OWNER'S ASSOCIATION COVERS THE COST OF WATER, CABLE, LAWN MAINTENANCE, ROOF, EXTERIOR REPAIRS AND PARKING LOT. THE HOA MAINTAINS THE RAMP, DOCK AND ENTIRE OUTSIDE OF THE FACILITY. YOU ARE ONLY RESPONSIBLE FOR THE ELECTRIC BILL AND YOUR INTERNET EXPENSE. YOU WON''T FIND A MORE SPACIOUS ONE BEDROOM CONDO WITH THIS MANY AMENITIES AT THIS PRICE ANY WHERE ELSE. THE UNIT IS CURRENTLY RENTED AND GENERATES A NICE INCOME OVER EXPENSES. LISTING AGENT ARRANGES ACCESS TO SHOWINGS DURING DAYTIME HOURS.

Last Listed By

Kenn Knapp

Knapp Properties LLC License #254750 Listed on: 09/27/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $687

Year Built

  • Built in 1969

Lot Details

  • 523

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 704 Sq Ft Home
  • Tile Flooring

Attic

  • Attic Floors
  • Attic Access Panel
  • Pull Down Stairs to Attic

Parking

  • Lighted Parking
  • Driveway
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Boat Ramp
  • Boat Slip

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank
  • Sewer Not Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 536416927939012

Community Details

Overview

  • 13 Units
  • Dolphin Condoshoa HOA, Phone Number (252) 560-5606
  • Dolphin Enterprise Subdivision
  • Maintained Community

Recreation

  • Boat Ramp
  • Boat Dock
  • Community Boat Slip

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$687

Year Built

Built in 1969

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: G
  • Sub Type: Multi-Family
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • New Construction: No
  • Year Built: 1969
  • Definition: RE W/O Business
  • Space: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only, Floored, Stairs - Pull Down
  • Basement: None
  • Flooring: Tile
  • List Price per Sq Ft: 248.58
  • Sq Ft Heated: 704.00

Exterior Features

  • Exterior Finish: Brick, Brick Veneer, Wood Siding
  • Foundation: Slab
  • Road Type Frontage: 2 - 3 Lanes, Maintained, Public (City/Cty/St)
  • Roof: Shingle, Wood Joists/Truss
  • Road Trans Access County Highway: Less than 5 Miles
  • Road Trans Access State Highway: Less than 5 Miles

Garage/Parking

  • Parking Driveway: Assigned, Lighted, Paved
  • Garage: No
  • Number Of Parking Spaces: 13

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: West Carteret Water Corp
  • Utilities: Community Water, No Sewer, Septic On Site
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • Annual HOA: 3300.00
  • HOA Company: Dolphin CondosHOA
  • HOA Phone: (252) 560-5606
  • HOA Amenities: Boat Slip - Not Assign, Cable, Dock, Flood Insurance, Maint - Comm Areas, Maint - Ext Bldg, Maint - Roads, Ramp, Roof, Street Lights, Trash Removal, Water

Lot Info

  • Deed Book: 1575
  • Deed Page: 385.00
  • Lot Water Features: Boat Dock, Boat Ramp, Boat Slip
  • Plat Book: 10A
  • Plat Page: 28-30
  • Special Assessments: NONE KNOWN
  • Zoning: r-2

Rental Info

  • Lease Types: Full Service

Tax Info

  • Tax Identifier: 536416927939012
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 168.59
  • Total Real Estate Property Taxes: 686.51

Multi Family

  • Number Of Units: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Nov 19, 2021
Sold by
Painter Brantley V and Painter Tasia P
Bought by
Carter Michael D
Seller's Agent
Kenn Knapp
Knapp Properties LLC
Buyer's Agent
Kenn Knapp
Knapp Properties LLC
List Price
$180,000
Sold Price
$172,500
Premium/Discount to List
-$7,500
-4.17%
Total Days on Market
32
Current Estimated Value
$243,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,628
Avg. Annual Appreciation
10.38%

Purchase Details

Listed on
Apr 6, 2017
Closed on
May 12, 2017
Sold by
Maroules George Michael and Maroules Lisa
Bought by
Painter Brantley V and Painter Tasia P
Seller's Agent
Richard Farrington
Bluewater Real Estate - EI
Buyer's Agent
Richard Farrington
Sun-Surf Realty
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%

Purchase Details

Closed on
Feb 19, 2015
Sold by
Maroules Kelley Finch
Bought by
Maroules George Michael

Purchase Details

Closed on
Jun 5, 2000

Purchase Details

Closed on
May 12, 2000

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
Carter Michael D $173,000 None Available
Painter Brantley V $100,000 None Available
Maroules George Michael -- Attorney
-- $55,000 --
-- $55,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maroules George Michael $93,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2021 11/26/21 Sold $172,500 -1.4% $245 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/22/2021 10/22/21 Price Changed $175,000 -2.8% $249 / Sq Ft
09/27/2021 09/27/21 For Sale $180,000 +80.0% $256 / Sq Ft
05/12/2017 05/12/17 Sold $100,000 -9.1% $150 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $110,000 -- $165 / 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 $721 $114,300 $0 $114,300
2023 $721 $114,300 $0 $114,300
2022 $687 $114,300 $0 $114,300
2021 $0 $114,300 $0 $114,300
2020 $652 $114,300 $0 $114,300
2019 $528 $100,000 $0 $100,000
2017 $458 $100,000 $0 $100,000
2016 $458 $100,000 $0 $100,000
2015 $448 $100,000 $0 $100,000
2014 $506 $113,500 $0 $113,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100292420

Hive MLS

APN: 5364.16.92.7939012