NOT LISTED FOR SALE

109 Magens Way Cedar Point, NC 28584

Estimated Value: $448,271 - $522,000

3 Beds
2.5 Baths
1,826 Sq Ft
$263/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $285,000 $156 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,738/month

105 Days on Market

Highlights

  • Boat Dock
  • Water Access
  • Wood Flooring
  • White Oak Elementary School Rated A-
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of April 2021

Nestled between Historic downtown Swansboro, NC and the pristine beach of Emerald Isle, NC Cedar Point is an upscale community that boasts many new public amenities such as parks and recreation areas, nearby schools and growing property values.Magens Way is a private, gated waterfront community (accessed with key code) in the heart of Cedar Point. The community has a private pool, tennis and basketball courts, green space and a community dock where you can launch a kayak into Bogue Sound or just sit and enjoy the view. Very private and quiet, yet minutes to grocery, dining, the beach and the lovely downtown of Swansboro. This home has a lovely private back yard with trees and plenty of room for playing or just relaxing! The large deck adds to the enjoyable living space. Interior spaces are light and bright-welcoming the outside in!The floorplan is open, but allows for separate spaces. The kitchen is open to the spacious greatroom, and the sunroom offers another space for studying, reading, or even a workout space! The downstairs master has ample closet space, lined in cedar as well as a large bathroom. The laundry room is adjacent to the master bedroom. Upstairs you will find two bedrooms and a shared bathroom. Come and see this wonderful home that is just waiting for your touches! The home has been rented for several years and could use some updating, which is why it is priced to sell.The home has poly butal piping throughout and it is on a septic system. Owner has been unable to produce a permit for the sunroom addition. A recent appraisal at above listing price is available.

Last Agent to Sell the Property

Jan Brewington

Dram Tree Realty License #203985 Listed on: 11/16/2020

Co-Listed By

Jim King

Dram Tree Realty License #291363

Last Buyer's Agent

Gerald Seddon

Landmark Sotheby's International Realty License #300532

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,624

Year Built

  • Built in 1994

Lot Details

  • 0.46 Acre Lot
  • Property fronts a private road
  • Fenced Yard

HOA Fees

  • $65 Monthly HOA Fees

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,826 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Partial Basement
  • Stove
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Water Access
  • Deck
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 5374.12.85.6297000

Community Details

Overview

  • Magens Bay Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,624

Year Built

Built in 1994

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Vinyl, Wood
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master, Walk-In Closet
  • Laundry Location: Room
  • List Price per Sq Ft: 164.29
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 2 Level: Second
  • Bedroom 4 Level: Second
  • Dining Room Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sunroom Level: First
  • Sq Ft Heated: 1826.00
  • Total Heated Primary Separate Sq Ft: 1826.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: Back Yard, Partial
  • Foundation: Block
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Paved, Private
  • Roof: Composition, Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 5.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Tennis Court(s), Community Pool, Maint - Comm Areas, Boat Dock
  • HOAAssociationFee1Year: 774.59

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 135.00
  • Lot Acres: 0.46
  • Lot Dimensions: irregular
  • Lot Sq Ft: 19994.00
  • Lot Water Features: Water Access Comm
  • Plat Book: 1665
  • Plat Page: 135
  • Zoning: Residential

Tax Info

  • Tax Identifier: 5374.12.85.6297000
  • Tax Year: 2019

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Apr 14, 2021
Sold by
Rotchford Ann
Bought by
Medina Salazar Alicia Del Pilar
Seller's Agent
Jan Brewington
Dram Tree Realty
Buyer's Agent
Gerald Seddon
Landmark Sotheby's International Realty
List Price
$300,000
Sold Price
$285,000
Premium/Discount to List
-$15,000
-5%
Current Estimated Value
$480,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,568
Avg. Annual Appreciation
12.40%
Original Mortgage
$270,750
Outstanding Balance
$247,086
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$231,167

Purchase Details

Closed on
Jan 31, 2020
Sold by
Perez William G and Rotchford Ann
Bought by
Rotchford Ann

Purchase Details

Closed on
Sep 7, 2011
Sold by
Rotchford Ann
Bought by
Perez William G and Rotchford Ann

Purchase Details

Closed on
May 24, 2001

Purchase Details

Closed on
Apr 29, 1996
Source: Public Records

Range of Values:

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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
Medina Salazar Alicia Del Pilar $285,000 None Available
Rotchford Ann -- None Available
Perez William G -- None Available
-- $220,000 --
-- $179,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Salazar Alicia Del Pilar $270,750
Previous Owner Rotchford Ann $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $285,000 -5.0% $156 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $300,000 +5.3% $164 / Sq Ft
02/09/2021 02/09/21 Off Market $285,000 -- --
01/18/2021 01/18/21 Pending -- -- --
01/16/2021 01/16/21 Price Changed $300,000 -7.7% $164 / Sq Ft
11/16/2020 11/16/20 For Sale $325,000 0.0% $178 / Sq Ft
10/13/2017 10/13/17 Rented $1,600 0.0% --
09/13/2017 09/13/17 Under Contract -- -- --
08/25/2017 08/25/17 For Rent $1,600 0.0% --
04/15/2012 04/15/12 Rented $1,600 0.0% --
04/02/2012 04/02/12 Under Contract -- -- --
01/30/2012 01/30/12 For Rent $1,600 -- --
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 $1,624 $247,050 $77,700 $169,350
2023 $1,541 $247,050 $77,700 $169,350
2022 $1,466 $247,050 $77,700 $169,350
2021 $1,466 $247,050 $77,700 $169,350
2020 $1,542 $247,050 $77,700 $169,350
2019 $1,563 $272,709 $92,685 $180,024
2017 $1,357 $272,709 $92,685 $180,024
2016 $1,357 $272,709 $92,685 $180,024
2015 $1,324 $272,709 $92,685 $180,024
2014 $1,342 $276,731 $100,225 $176,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100245892

Hive MLS

APN: 5374.12.85.6297000