NOT LISTED FOR SALE

119 Lake Ave Unit 107 Morehead City, NC 28557

Estimated Value: $364,638 - $427,000

2 Beds
2 Baths
1,164 Sq Ft
$325/mo HOA Fee

Last Sold April 02, 2013

Last sale price $169,000 $145 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,590/month

198 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Water Views
  • Home fronts a sound
  • Morehead City Primary School Rated A-
  • Boat Dock
  • Boat Slip

About This Home

As of April 2013

First Floor unit, direct waterfront with fantastic view of Pelletier Creek, easy access to Bogue Sound and ICW, Deep water harbor, Large living, Dining Kitchen, Large Laundry/Tackle Room, Pool & deep water boat slip. Slips are assigned by Dockmaster. Roof: approx 5 yrs old.

Last Agent to Sell the Property

Kelinda & Linda Rike

Linda Rike Real Estate License #280656/108865 Listed on: 08/01/2012

Last Buyer's Agent

Donald Whiteside

Emerald Isle Realty License #172902

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 1980

Lot Details

  • Home fronts a creek
  • Home fronts a sound
  • River Front
  • Home fronts a canal
  • Wood Fence
  • Chain Link Fence

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 1,164 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Thermal Windows
  • Combination Dining and Living Room
  • Water Views

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Property is near a marina
  • Boat Slip
  • Porch

Additional Features

  • Energy-Efficient Doors
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 636615639766107

Community Details

Overview

  • Mariner Cove Subdivision

Recreation

  • Boat Dock

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,414

Year Built

Built in 1980

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • New Construction: No
  • Stories Levels: One
  • Year Built: 1980
  • Road Frontage Type: Canal Front, River Front, Marina Front, Creek Front
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Ceiling Fan(s), Wet Bar
  • List Price per Sq Ft: 163.14
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Bedroom 2 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1164.00
  • Total Heated Primary Separate Sq Ft: 1164.00

Exterior Features

  • Exterior Features: Thermal Doors, Thermal Windows
  • Exterior Finish: Vinyl Siding, Wood Siding
  • Fencing: Chain Link, Wood
  • Foundation: Pilings
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: See Remarks, Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: None
  • Garage And Parking Other See Remarks: Boat storage too
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOAAssociationFee1Year: 3900.00

Lot Info

  • Deed Page: 599.00
  • Lot Dimensions: 0 X 0 X 0 X 0
  • Lot Water Features: Boat Dock, Water Depth 4+, Deeded Water Access, Sound Side, Boat Slip
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: 636615639766107
  • Tax Year: 2011
  • Total Real Estate Property Taxes: 1414.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2012
Closed on
Apr 2, 2013
Sold by
Richardson Jimmy Gale and Richrardson Nora Jean
Bought by
Wellons William Bryant and Wellons Kimery Nobles
Seller's Agent
Kelinda & Linda Rike
Linda Rike Real Estate
Buyer's Agent
Donald Whiteside
Emerald Isle Realty
List Price
$204,900
Sold Price
$169,000
Premium/Discount to List
-$35,900
-17.52%
Current Estimated Value
$401,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,160
Avg. Annual Appreciation
7.11%
Original Mortgage
$125,000
Outstanding Balance
$26,552
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$374,608
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
Wellons William Bryant $169,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellons William Bryant $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2013 04/02/13 Sold $169,000 -17.5% $145 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
08/01/2012 08/01/12 For Sale $204,900 -- $176 / 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 $1,995 $334,185 $0 $334,185
2024 $1,653 $207,360 $0 $207,360
2023 $720 $207,360 $0 $207,360
2022 $699 $207,360 $0 $207,360
2021 $699 $207,360 $0 $207,360
2020 $699 $207,360 $0 $207,360
2019 $573 $180,000 $0 $180,000
2017 $573 $180,000 $0 $180,000
2016 $573 $180,000 $0 $180,000
2015 $555 $180,000 $0 $180,000
2014 $735 $240,000 $0 $240,000
Source: Public Records

Agents Affiliated with this Home

  • Kelinda & Linda Rike

    Seller's Agent in 2013

    Kelinda & Linda Rike

    Linda Rike Real Estate

    (252) 422-6922

    108 in this area

    394 Total Sales

    Kelinda & Linda Rike
    Section Image
  • Donald Whiteside

    Buyer's Agent in 2013

    Donald Whiteside

    Emerald Isle Realty

    (252) 354-4060

    2 in this area

    196 Total Sales

    Donald Whiteside
    Section Image
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Map

Source: Hive MLS

MLS Number: 11203568

Hive MLS

APN: 6366.15.63.9766107

North Carolina Carteret County Morehead City 28557

119 Lake Ave Unit 107, Morehead City, NC

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