NOT LISTED FOR SALE

Estimated Value: $850,000 - $2,403,375

2 Beds
3 Baths
1,960 Sq Ft
$830/Sq Ft Est. Value

Last Sold June 02, 2021

Last sale price $630,000 $321 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $8,844/month

5 Days on Market

Highlights

  • Boat Dock
  • Boat Slip
  • Home fronts a canal
  • Morehead City Primary School Rated A-
  • Deep Water Access
  • Wood Flooring

About This Home

As of June 2021

One of the most desirable and beautiful canal front locations in Pine Knoll Shores! Surrounded by live oaks and lush azaleas the site has approximately 170 feet of water frontage with a recently rebuilt bulkhead, sweeping water views and is within strolling distance to Davis Landing Park and boat launch and Ocean Park! The single level home has great potential and is being sold completely ''as is'' ( please see inspection reports recently procured by sellers). Evaluations are in process with the county health department to assess for a septic permit for additional bedroom capacity. Pine Knoll Shores is a true gem on the island. A canopy of old growth trees enhance the natural beauty of the area. For a nominal HOA fee, owners and their guests have access to incredible parks with picnic and recreational areas including boat ramps and an oceanside park! Don't miss out on this one! For more information on this unique community, please visit

Last Agent to Sell the Property

Barnes and Taylor Re Team

Realty World First Coast Rlty License #101616 Listed on: 04/30/2021

Last Buyer's Agent

Walter Cox

Cox Distinctive Properties, LL License #181497

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 173x40x219x169
  • Home fronts a canal
  • Cul-De-Sac

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Great Room
  • Combination Dining and Living Room
  • Home Office
  • Workshop
  • Canal Views
  • Crawl Space

Kitchen

  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Unpaved Parking

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Outdoor Shower
  • Deep Water Access
  • Bulkhead
  • Boat Slip
  • Balcony
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 635519714922000

Community Details

Overview

  • Pine Knoll Association Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Dock
  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Vent Hood, Stove/Oven - Electric, Dryer
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 2.00
  • Directions To Property: Hwy 58 to Pine Knoll Shores. Turn onto Mimosa and take your first left onto Loblolly Rd. Take first left onto Teak Court. House is on the right. 112 Teak Ct.
  • Document Count: 6
  • Elementary School#2: Morehead City Elem
  • Fencing: None
  • Fireplace: 1
  • Foundation: Crawl Space
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Picnic Area, Street Lights, Ramp, Playground
  • Listing I D: 100268979
  • List Priceper Sq Ft: 293.37
  • Location Type: Island
  • Lot Acres: 0.55
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 173x40x219x169
  • Lot Sq Ft: 23784.00
  • Lot Water Features: Boat Dock, Water Depth 4+, Bulkhead, Boat Slip
  • Marketing City: Pine Knoll Shores
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Balcony, Covered, Screened, Porch
  • Prospect Exempt: No
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Great Room Level: Main
  • Office Level: Main
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Sq Ft Heated: 1960.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Pine Knoll Association
  • Tax Identifier: 635519714922000
  • Tax Year: 2020
  • Terms: Cash, Conventional
  • Total Heated Primary Separate Sq Ft: 1960.00
  • Waterview: Yes
  • Year Built: 1977
  • Zoning: Residential
  • Road Frontage Type: Canal Front
  • Lot View Type: Canal View, Water View
  • H O A Association Fee1 Year: 100.00
  • H O A H O A1 Mgmt Company: PKA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Tile, Wood, Laminate
  • Interior Amenities: 1st Floor Master, Workshop, Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 2
  • Bedroom1 Level: Main
  • Laundry Level: Main
  • Primary Bedroom Level: Main

Exterior Features

  • Exterior Features: Outdoor Shower
  • Exterior Finish: Wood Siding
  • Roof: Shingle
  • Waterfront: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Unpaved

Utilities

  • Heated Sq Ft: 1800 - 1999
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
Kelley Jennifer Lynn and Knaven Raptist G
Bought by
Kelley Keith Gregory and Kelley Nancy Proulx
Current Estimated Value
$1,627,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Outstanding Balance
$430,322
Interest Rate
2.86%
Estimated Equity
$1,197,136

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 2, 2021
Sold by
Kelley Jennifer Lynn and Knaven Baptist G F
Bought by
Kelly Bradley Graham and Kelly Julie Gerstmayr
Seller's Agent
Barnes and Taylor Re Team
Realty World First Coast Rlty
Buyer's Agent
Walter Cox
Cox Distinctive Properties, LL
List Price
$575,000
Sold Price
$630,000
Premium/Discount to List
$55,000
9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.97%

Purchase Details

Closed on
Jul 25, 2017
Sold by
Kelley Keith D and Kelley Sandra Irene
Bought by
Kelley Keith D and The Keith D Kelley Sandra Irene Kelley R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kelley Keith Gregory -- None Available
Kelly Bradley Graham $630,000 None Available
Kelley Jennifer Lynn -- None Available
Kelley Keith D -- None Available
Kelley Jennifer Lynn -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Keith Gregory $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2021 06/02/21 Sold $630,000 +9.6% $321 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $575,000 -- $293 / 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
2025 $3,915 $1,696,356 $551,040 $1,145,316
2024 $3,264 $931,235 $281,406 $649,829
2023 $1,531 $567,707 $281,406 $286,301
2022 $1,531 $459,456 $281,406 $178,050
2021 $1,531 $459,456 $281,406 $178,050
2020 $1,531 $459,456 $281,406 $178,050
2019 $1,189 $378,638 $212,912 $165,726
2017 $1,189 $378,638 $212,912 $165,726
2016 $1,189 $378,638 $212,912 $165,726
2015 $1,104 $363,022 $212,912 $150,110
2014 $1,650 $545,016 $373,576 $171,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100268979

Hive MLS

APN: 6355.19.71.4922000