NOT LISTED FOR SALE

1108 Palmer Way Morehead City, NC 28557

Estimated Value: $498,093 - $552,000

4 Beds
2.5 Baths
2,530 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 24, 2021

Last sale price $342,000 $135 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,881/month

Highlights

  • Clubhouse
  • Deck
  • Wood Flooring
  • Morehead City Primary School Rated A-
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of February 2021

Comp purposes onlyOpen and bright two story home on dead end street close to all of MCtyOpen living areas, breakfast bar,all applcs, first floor principal bedroom with large WIC and private bath with step in shower. Upstairs has three bedrooms, one full bath.Wrap around front porch and rear deck. All city services. Attached double garage.

Last Agent to Sell the Property

Alan Leary

RE/MAX Ocean Properties License #125734 Listed on: 02/24/2021

RE/MAX Ocean Properties

Last Buyer's Agent

Meredith & Matt Team Johnson

RE/MAX Ocean Properties License #210529

RE/MAX Ocean Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,136

Year Built

  • Built in 2007

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Open Lot
  • Sprinkler System
  • Property is zoned R20

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,530 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Mud Room
  • Great Room
  • Combination Dining and Living Room
  • Workshop
  • Home Security System

Kitchen

  • Stove
  • Built-In Microwave
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

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

Outdoor Features

  • Deck
  • Covered patio or porch
  • Outdoor Storage

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Water Softener

Listing and Financial Details

  • Tax Lot 19 P 1
  • Assessor Parcel Number 637605283418000

Community Details

Overview

  • Country Club Run Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,136

Year Built

Built in 2007

Lot Details

0

HOA Fees

$42 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: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 9Ft+ Ceilings, Security System, Workshop, Walk-In Closet, Walk-in Shower, Sprinkler System, Solid Surface, Mud Room, Pantry, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 138.14
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 7
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Dining Room Level: First
  • Great Room Level: First
  • Kitchen Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 2530.00
  • Total Heated Primary Separate Sq Ft: 2530.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

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

Utilities

  • Appliances Equipment: Microwave - Built-In, Stove/Oven - Electric, Water Softener
  • Cooling System: Central, Zoned
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Heat Pump, Zoned
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Sewer Provider: City of Morehead City
  • Service Providers Water Provider: City of Morehead City
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Taxes, Community Pool, Maint - Comm Areas
  • HOAAssociationFee1Year: 500.00

Lot Info

  • Deed Page: 241.00
  • Lot Acres: 0.29
  • Lot Description: Cul-de-Sac Lot, Open
  • Lot Dimensions: 87*145*87*145
  • Lot Number: 19 P 1
  • Lot Sq Ft: 12632.00
  • Lot Water Features: None
  • Plat Book: 31
  • Plat Page: 13
  • Zoning: R20

Green Features

  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 637605283418000
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 986.00
  • Total Real Estate Property Taxes: 2136.27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Feb 12, 2021
Sold by
Woods Peter and Woods Lyndsay
Bought by
Thomas Donald and Thomas Dianne
Seller's Agent
Alan Leary
RE/MAX Ocean Properties
Buyer's Agent
Meredith & Matt Team Johnson
RE/MAX Ocean Properties
List Price
$349,500
Sold Price
$342,000
Premium/Discount to List
-$7,500
-2.15%
Current Estimated Value
$518,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,324
Avg. Annual Appreciation
9.41%

Purchase Details

Listed on
Feb 20, 2018
Closed on
Jul 13, 2018
Sold by
Hardison Erika
Bought by
Woods Peter and Woods Lyndsay
Seller's Agent
Basnight Garner Real Estate
Keller Williams Crystal Coast
Buyer's Agent
Jeffrey Bolduc
Keller Williams Crystal Coast
List Price
$324,000
Sold Price
$309,900
Premium/Discount to List
-$14,100
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$253,125
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Mar 7, 2015
Sold by
Hardison Ray Hardy
Bought by
Hardison Erika

Purchase Details

Closed on
Jul 11, 2007
Sold by
Mgm Inc
Bought by
Hardison Ray H and Hardison Erika Kneib

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,300
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Thomas Donald $342,000 None Available
Woods Peter $310,000 None Available
Hardison Erika -- Attorney
Hardison Ray H $330,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woods Peter $253,125
Previous Owner Hardison Erika K $226,000
Previous Owner Hardison Erika K $255,280
Previous Owner Hardison Ray H $264,300
Previous Owner Hardison Erika Kneib $19,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $342,000 -2.1% $135 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $349,500 +12.8% $138 / Sq Ft
07/19/2018 07/19/18 Sold $309,900 -4.4% $124 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $324,000 -- $130 / 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 $23 $298,771 $65,534 $233,237
2023 $1,031 $298,771 $65,534 $233,237
2022 $1,001 $298,771 $65,534 $233,237
2021 $0 $298,771 $65,534 $233,237
2020 $1,001 $298,771 $65,534 $233,237
2019 $852 $270,012 $57,399 $212,613
2017 $852 $270,012 $57,399 $212,613
2016 $852 $270,012 $57,399 $212,613
2015 $825 $270,012 $57,399 $212,613
2014 $842 $275,625 $57,102 $218,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100258151

Hive MLS

APN: 6376.05.28.3418000