NOT LISTED FOR SALE

119 Lake Ave Unit 205 Morehead City, NC 28557

Estimated Value: $366,889 - $418,000

2 Beds
2 Baths
1,164 Sq Ft
$350/mo HOA Fee

Last Sold February 13, 2019

Last sale price $230,000 $198 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,643/month

71 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Boat Dock
  • Home fronts a sound
  • Morehead City Primary School Rated A-
  • Marina View
  • In Ground Pool

About This Home

As of February 2019

Waterfront w/ Panoramic Views Overlooking Pelletier Creek w/ Easy Access to Bogue Sound & ICW, Deep-Water harbor. Beautiful & Spacious Living/Dining/Kitchen. Principal Suite w/ WIC, Private Bath. Large laundry/tackle room! Offered furnished except for small exclusion list. Mariner Cove Amenities include; pool, Deep Water Boat Slips Assigned by Harbor Master, Basic Cable, Water, Sewer, Grounds/Building Maintenance, and More! Easy-to-show Second Home- Just Add Water To Your Lifestyle.

Last Agent to Sell the Property

Kelinda & Linda Rike

Linda Rike Real Estate License #280656/108865 Listed on: 10/17/2018

Last Buyer's Agent

Peter Ellis

Point Realty Group LLC License #204469

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,190

Year Built

  • Built in 1980

Lot Details

  • Home fronts a creek
  • Home fronts a sound
  • Property Fronts a Bay or Harbor
  • Home fronts a canal

HOA Fees

  • $350 Monthly HOA Fees

Property Views

  • Marina
  • Canal
  • Creek or Stream

Home Design

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

Interior Spaces

  • 1,164 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Pest Guard System

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Lighted Parking
  • Shared Driveway
  • Paved Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Property is near a marina
  • Bulkhead
  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Co-Op Water
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot U205
  • Assessor Parcel Number 6366.15.63.9766205

Community Details

Overview

  • Master Insurance
  • Mariner Cove Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Community Pool

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,190

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
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 2nd Floor Unit, One
  • Year Built: 1980
  • Road Frontage Type: Canal Front, Marina Front, Creek Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl, Laminate
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: Blinds/Shades, Furnished, Wet Bar, Walk-In Closet, Walk-in Shower, Smoke Detectors
  • Laundry Location: Hookup - Dryer, Room, Hookup - Washer
  • List Price per Sq Ft: 236.25
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Sq Ft Heated: 1164.00
  • Total Heated Primary Separate Sq Ft: 1164.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: In Ground, See Remarks
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Garage And Parking Driveway Spaces: 1.00
  • Garage And Parking Other See Remarks: Overflow Parking
  • Parking Driveway: Lighted, Shared, Paved, On Site

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Washer, Stove/Oven - Electric, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City of Morehead City
  • Utilities: Community Water, Municipal Sewer
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Pest Control, Water, Trash, Street Lights, Sewer, Security, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Roads, Maint - Grounds, Community Pool, Cable
  • HOAAssociationFee1Year: 4200.00

Lot Info

  • Deed Page: 504.00
  • Lot Number: U205
  • Lot Water Features: Boat Dock, Sound Side, Waterfront Comm, Water Depth 4+, Water Access Comm, Deeded Waterfront, Harbor, Bulkhead
  • Special Assessments: none indicated per seller
  • Zoning: PD
  • Lot View Type: Canal View, Marina View, Water View, Creek View

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 6366.15.63.9766205
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 617.40
  • Total Real Estate Property Taxes: 1190.40

MLS Schools

  • Elementary School #2: Morehead City Elem
  • School District: Carteret

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Feb 5, 2019
Sold by
Reynolds Henry Lynwood
Bought by
Smith John Dwayne
Seller's Agent
Kelinda & Linda Rike
Linda Rike Real Estate
Buyer's Agent
Peter Ellis
Point Realty Group LLC
List Price
$275,000
Sold Price
$230,000
Premium/Discount to List
-$45,000
-16.36%
Current Estimated Value
$405,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,222
Avg. Annual Appreciation
8.81%
Original Mortgage
$184,000
Outstanding Balance
$161,769
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$243,453
Source: Public Records

Range of Values:

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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
Smith John Dwayne $230,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith John Dwayne $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2019 02/13/19 Sold $230,000 -16.4% $198 / Sq Ft
12/27/2018 12/27/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $275,000 -- $236 / 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 $2,065 $346,538 $0 $346,538
2024 $1,653 $207,360 $0 $207,360
2023 $699 $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 $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 2019

    Kelinda & Linda Rike

    Linda Rike Real Estate

    (252) 422-6922

    108 in this area

    394 Total Sales

    Kelinda & Linda Rike
    Section Image

  • P

    Buyer's Agent in 2019

    Peter Ellis

    Point Realty Group LLC

    Section Image
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Map

Source: Hive MLS

MLS Number: 100136934

Hive MLS

APN: 6366.15.63.9766205

North Carolina Carteret County Morehead City 28557

119 Lake Ave Unit 205, Morehead City, NC

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