NOT LISTED FOR SALE

118 Lagoon Ln Atlantic Beach, NC 28512

Estimated Value: $400,000 - $503,000

2 Beds
2 Baths
1,235 Sq Ft
$500/mo HOA Fee

Last Sold January 24, 2019

Last sale price $200,000 $162 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,985/month

166 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Home fronts a sound
  • Morehead City Primary School Rated A-
  • Water Access
  • In Ground Pool

About This Home

As of January 2019

A wonderful patio style condo home located in McGinnis Point. Two bedrooms with two full baths, large family room with dining area overlooking the lagoon, kitchen with breakfast bar and more. There is a private side enclosed deck plus a screen porch with relaxing water views. Numerous updates throughout make this well priced unit extremely attractive. McGinnis Point has tennis courts, pool, boat access, day dock and a gated private beach access. The HOA dues are inclusive of all exterior insurance also. This updated unit shows extremely well...don't let this gem slip by!

Last Agent to Sell the Property

Stephen Brown

Landmark Sotheby's International Realty License #72181 Listed on: 05/11/2018

Landmark Sotheby's International Realty

Last Buyer's Agent

Stephen Brown

Landmark Sotheby's International Realty License #72181 Listed on: 05/11/2018

Landmark Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $812

Year Built

  • Built in 1984

Lot Details

  • Home fronts a pond
  • Home fronts a sound
  • Property fronts a private road

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 1,235 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Water Views
  • Partial Basement
  • Laundry in Hall

Kitchen

  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • 2 Parking Spaces
  • Driveway
  • Paved Parking

Outdoor Features

  • In Ground Pool
  • Water Access
  • Deeded access to the beach
  • Screened Patio

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Additional Features

  • Accessible Ramps
  • Energy-Efficient Doors
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 6355.15.53.0809000

Community Details

Overview

  • Master Insurance
  • Mcginnis Point Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Boat Slip
  • RV or Boat Storage in Community
  • Tennis Courts
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$812

Year Built

Built in 1984

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1984
  • Road Frontage Type: Pond Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate, Tile
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Walk-in Shower, Blinds/Shades
  • Laundry Location: Closet, Hall
  • List Price per Sq Ft: 174.01
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 1235.00
  • Total Heated Primary Separate Sq Ft: 1235.00

Exterior Features

  • Exterior Features: Thermal Doors, Thermal Windows
  • Exterior Finish: Composition, Wood Siding
  • Fencing: Partial
  • Foundation: Slab
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Patio, Screened
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Vent Hood, Refrigerator
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Pest Control, Termite Bond, Tennis Court(s), Taxes, Street Lights, Sewer, RV/Boat Storage, Ramp, Flood Insurance, Master Insure, Management, Maintenance Structure, Maint - Roads, Maint - Grounds, Maint - Comm Areas, Community Pool, Boat Slip - Not Assigned
  • HOAAssociationFee1Year: 6005.00

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 133.00
  • Lot Acres: 0.04
  • Lot Dimensions: 0x0x0x0
  • Lot Sq Ft: 1564.00
  • Lot Water Features: Deeded Beach Access, Water Access Comm, Waterfront Comm, Sound Side
  • Plat Book: 10G
  • Plat Page: 35
  • Special Assessments: None Known
  • Zoning: MF2
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: 6355.15.53.0809000
  • Tax Year: 2017

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2018
Closed on
Jan 24, 2019
Sold by
Rees Michael S and Rees Anne H
Bought by
Holloway James A
Seller's Agent
Stephen Brown
Landmark Sotheby's International Realty
Buyer's Agent
Stephen Brown
Landmark Sotheby's International Realty
List Price
$229,900
Sold Price
$200,000
Premium/Discount to List
-$29,900
-13.01%
Current Estimated Value
$444,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,287
Avg. Annual Appreciation
11.95%

Purchase Details

Listed on
Aug 8, 2014
Closed on
Mar 5, 2015
Sold by
Rhodes John M and Rhodes Donna H
Bought by
Rees Michael S and Rees Anne H
Seller's Agent
Betty Dunn
Bluewater Real Estate AB
Buyer's Agent
Randall Page
Crystal Coast Realty & Home Services
List Price
$179,900
Sold Price
$161,500
Premium/Discount to List
-$18,400
-10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%

Purchase Details

Closed on
Dec 23, 2002
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
Holloway James A $200,000 None Available
Rees Michael S $161,500 Attorney
-- $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhodes John M $163,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2019 01/24/19 Sold $200,000 -13.0% $162 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
05/11/2018 05/11/18 For Sale $229,900 +42.4% $186 / Sq Ft
03/17/2015 03/17/15 Sold $161,500 -10.2% $141 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
08/08/2014 08/08/14 For Sale $179,900 -- $157 / 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 $812 $210,000 $0 $210,000
2023 $729 $210,000 $0 $210,000
2022 $708 $210,000 $0 $210,000
2021 $0 $210,000 $0 $210,000
2020 $708 $210,000 $0 $210,000
2019 $595 $187,000 $0 $187,000
2017 $595 $187,000 $0 $187,000
2016 $595 $187,000 $0 $187,000
2015 $576 $187,000 $0 $187,000
2014 $577 $187,200 $0 $187,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100115834

Hive MLS

APN: 6355.15.53.0809000