NOT LISTED FOR SALE

125 Coral Bay Ct Atlantic Beach, NC 28512

Estimated Value: $785,000

0.36 Acre
$2,180,556 Price per Acre
15,682 Sq Ft Lot

Last Sold April 12, 2021

Last sale price $179,000

Est. 339% increase in value since last sale

Current estimated payment $4,201/month

664 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 0.36 Acre Lot
  • Marsh on Lot
  • Morehead City Primary School Rated A-

About This Lot

As of April 2021

''ATTENTION SPEC, BUILDERS''GREAT OPPORTUNITY TO BUILD 2 SIDE-BY-SIDE BOGUE SOUND FRONT HOMES IN ATLANTIC BEACH AT THE SAME TIME. SHORT WALK TO OCEAN ACCESS. CENTRAL WATER AND SEWER AVAILABLE. MOTIVADED SELLERS. IDEAL FOR PERMANENT RESIDENCE OR BEACH RETREAT.

Last Agent to Sell the Property

Alan Shelor

Alan Shelor Real Estate License #25633 Listed on: 06/01/2019

Co-Listed By

Diane Shelor

Alan Shelor Real Estate License #270733

Last Buyer's Agent

Alan Shelor

Alan Shelor Real Estate License #25633 Listed on: 06/01/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $938

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 14 x 347 x 50 x 330
  • 50 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Cleared Lot
  • Marsh on Lot

HOA Fees

  • $50 Monthly HOA Fees

Schools

  • Morehead City Elementary School
  • Morehead City Middle School
  • West Carteret High School

Additional Features

  • Water Views
  • Community Sewer or Septic

Community Details

  • Coral Bay Ridge HOA
  • Coral Bay Village Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 6375.13.23.2584000

Property Details

Property Type

Land

Est. Annual Taxes

$938

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Water Frontage: 50.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Water Provider: Atlantic Beach
  • Utilities: Community Sewer, Municipal Water, Water Tap Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: No Amenities
  • Annual HOA: 600.00
  • HOA Company: Coral Bay Ridge HOA

Lot Info

  • Deed Book: 1458
  • Deed Page: 83.00
  • Lot Description: Subdivision
  • Lot Dimensions: 14 x 347 x 50 x 330
  • Lot Number: 15
  • Lot Sq Ft: 15507.00
  • Lot Water Features: Sound Side, Waterfront Comm
  • Zoning: residential
  • Acres: 0.36
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 497222.22
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Marsh/Wetland
  • Lot Number2: 15

Tax Info

  • Tax Identifier: 6375.13.23.2584000
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 325.95
  • Total Real Estate Property Taxes: 938.34
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Morehead City Elem
  • High School: West Carteret
  • Middle School: Morehead City
  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2019
Closed on
Apr 5, 2021
Sold by
Israel Jodi and Israel Arthur
Bought by
Chesnutt Alice H and Chesnutt Marcus W
Seller's Agent
Alan Shelor
Alan Shelor Real Estate
Buyer's Agent
Alan Shelor
Alan Shelor Real Estate
List Price
$189,000
Sold Price
$179,000
Premium/Discount to List
-$10,000
-5.29%
Current Estimated Value
$785,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,000
Avg. Annual Appreciation
38.39%

Purchase Details

Closed on
Aug 20, 2013
Sold by
Thal Joseph H
Bought by
Thal Richard S and Israel Jodi Thal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.48%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 17, 2005
Sold by
Coral Bay Village Llc
Bought by
Thal Joseph H
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chesnutt Alice H $358,000 None Available
Thal Richard S $90,000 None Available
Thal Joseph H $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thal Richard S $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2021 04/12/21 Sold $179,000 -5.3% --
03/26/2021 03/26/21 Pending -- -- --
06/01/2019 06/01/19 For Sale $189,000 -- --
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 $505 $224,493 $224,493 $0
2024 $675 $198,458 $198,458 $0
2023 $675 $198,458 $198,458 $0
2022 $655 $198,458 $198,458 $0
2021 $397 $198,458 $198,458 $0
2020 $655 $198,458 $198,458 $0
2019 $612 $197,546 $197,546 $0
2017 $612 $197,546 $197,546 $0
2016 $612 $197,546 $197,546 $0
2015 $593 $197,546 $197,546 $0
2014 -- $167,076 $167,076 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100168935

Hive MLS

APN: 6375.13.23.2584000