$212,500
SOLD AUG 26, 2016

118 Lake Ave Unit 304 Morehead City, NC 28557

2 Beds
2 Baths
1,093 Sq Ft
$350/mo HOA Fee

Recently Sold

$194 Per Sq Ft

6% Below List Price

27 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Views of a Sound
  • Boat Slip
  • Morehead City Primary School Rated A-
  • Boat Dock
  • Home fronts a creek

About This Home

As of April 2025

Not your average Mariner's Cove unit! This updated condo has wood floors in halls, kitchen, living & dining area, kitchen with gorgeous cabinets, updated appliances (new refrigerator) and tile backsplash. Two large bedrooms with great closet space and two updated baths. This 3rd floor unit has expansive views of Peletier Creek and the ICW from a private balcony with new sliding doors. There is also a beautiful pool and deep water boat slip usage assigned after ownership.

Last Agent to Sell the Property

The Star Team

The Star Team Listed on: 07/07/2016

Last Buyer's Agent

Kent Pittman

Coldwell Banker Spectrum Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1980

HOA Fees

  • $350 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Marina
  • Intracoastal

Home Design

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

Interior Spaces

  • 1,093 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Bamboo
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Bulkhead
  • Boat Slip
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Home fronts a creek
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 6366.15.73.0732304

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Mariner Cove Subdivision
  • Maintained Community

Recreation

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

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,301

Year Built

Built in 1980

Lot Details

0

HOA Fees

$350 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: 3 Story or More, 3rd Floor Unit
  • Year Built: 1980
  • Road Frontage Type: Creek Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Bamboo, Tile, Carpet
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Pantry, Wash/Dry Connect, Walk-In Closet, Blinds/Shades, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 205.89
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Bedroom 2 Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1092.80
  • Total Heated Primary Separate Sq Ft: 1092.80

Exterior Features

  • Exterior Features: Storm Doors, Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Sewer, Water, Trash, Termite Bond, Taxes, Street Lights, Pest Control, RV/Boat Storage, Roof, Community Pool, Master Insure, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Flood Insurance, Cable, Boat Slip - Assign
  • HOAAssociationFee1Year: 4200.00

Lot Info

  • Deed Page: 242.00
  • Lot Dimensions: 0 x 0 x 0 x 0
  • Lot Water Features: Boat Dock, Water Depth 4+, Deeded Water Rights, Bulkhead, Boat Slip
  • Plat Book: 29
  • Special Assessments: none known
  • Zoning: PD
  • Lot View Type: ICW View, Water View, Sound View, Marina View

Tax Info

  • Tax Identifier: 6366.15.73.0732304
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 686.00
  • Total Real Estate Property Taxes: 1301.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Apr 15, 2025
Sold by
Mason Nathaniel C and Mason Marisa L
Bought by
Brenner Norton Joshua and Vuncannon Norton Katie
Seller's Agent
Patricia Yelton
Realty World First Coast Rlty
Buyer's Agent
Bradberry Garner Real Estate
Keller Williams Crystal Coast
List Price
$410,000
Sold Price
$397,000
Premium/Discount to List
-$13,000
-3.17%
Views
89
Current Estimated Value
$393,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,280
Avg. Annual Appreciation
-1.47%

Purchase Details

Closed on
Jun 15, 2023
Sold by
Mason Marisa L
Bought by
Mason Marisa L and Mason Nathaniel C

Purchase Details

Closed on
Jul 9, 2018
Sold by
Campbell Eric F and Campbell Marisa L
Bought by
Campbell Marisa L

Purchase Details

Listed on
Jul 7, 2016
Closed on
Aug 24, 2016
Sold by
Coole Thor Irving and Coole Kay Daniels
Bought by
Campbell Eric F and Campbell Marisa L
Seller's Agent
The Star Team
The Star Team
Buyer's Agent
Kent Pittman
Coldwell Banker Spectrum Properties
List Price
$224,999
Sold Price
$212,500
Premium/Discount to List
-$12,499
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Aug 31, 2012
Sold by
Brown Thomas Radford and Brown Catharine
Bought by
Coole Thor Irving and Coole Kay Daniels

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2008
Sold by
Whaley Leo C and Whaley Gloria N
Bought by
Brown Thomas Radford and Brown Catharine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,900
Interest Rate
6.21%
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 Type Sale Price Title Company
Warranty Deed $397,000 None Listed On Document
Warranty Deed $397,000 None Listed On Document
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $213,000 Attorney
Warranty Deed -- None Available
Warranty Deed $250,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 New Conventional
Previous Owner $249,900 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $397,000 -3.2% $341 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
09/19/2024 09/19/24 For Sale $410,000 +92.9% $352 / Sq Ft
08/26/2016 08/26/16 Sold $212,500 -5.6% $194 / Sq Ft
08/03/2016 08/03/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $224,999 -- $206 / 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 $1,653 $207,360 $0 $207,360
2023 $720 $207,360 $0 $207,360
2022 $699 $207,360 $0 $207,360
2021 $0 $207,360 $0 $207,360
2020 $699 $207,360 $0 $207,360
2019 $635 $200,000 $0 $200,000
2017 $635 $200,000 $0 $200,000
2016 $635 $200,000 $0 $200,000
2015 $615 $200,000 $0 $200,000
2014 $615 $200,000 $0 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100020123

Hive MLS

APN: 6366.15.73.0732304