NOT LISTED FOR SALE

229 Old Causeway Rd Atlantic Beach, NC 28512

Estimated Value: $850,000 - $1,165,000

2 Beds
1 Bath
844 Sq Ft
$1,150/Sq Ft Est. Value

Last Sold April 05, 2012

Last sale price $335,000 $397 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $5,275/month

29 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Home fronts a pond
  • Morehead City Primary School Rated A-
  • Deep Water Access
  • Deck

About This Home

As of April 2012

This is an adorable waterfront cottage in a wonderful area, located in Atlantic Beach. This two bedroom one bath cottage is the perfect fishermen's get-a-way! Home features a dock, 26 x 10 deck and much more, and is being sold furnished. Make an appointment today! Appliances: W/D STACK

Last Agent to Sell the Property

The Star Team

Veterans Realty Company, Inc. Listed on: 12/12/2011

Last Buyer's Agent

Sally Seller

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,601

Year Built

  • Built in 1974

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60 x 150 x 60 x 150
  • Home fronts a pond
  • Lake Front
  • Home fronts a sound
  • Property is zoned R1-7

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 844 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Water Views
  • Crawl Space

Kitchen

  • Stove
  • Built-In Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deep Water Access
  • Deck

Utilities

  • Central Air
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 637512863294000

Community Details

Overview

  • Atlantic Bch Isles Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,601

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • New Construction: No
  • Stories Levels: One
  • Year Built: 1974
  • Road Frontage Type: Lake Front, Pond Front
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Dining Room Type: Combination
  • Flooring: Carpet, Vinyl
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Ceiling Fan(s), Furnished
  • List Price per Sq Ft: 473.82
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 2
  • Sq Ft Heated: 844.00
  • Total Heated Primary Separate Sq Ft: 844.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Microwave - Built-In, Stove/Oven - Electric, See Remarks, Refrigerator
  • Cooling System: Central
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric

Lot Info

  • Deed Page: 427.00
  • Lot Acres: 0.21
  • Lot Dimensions: 60 X 150 X 60 X 150
  • Lot Number: 42
  • Lot Sq Ft: 9147.60
  • Lot Water Features: Boat Dock, Sound Side, Water Depth 4+
  • Zoning: R1-7
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: 637512863294000
  • Tax Year: 2011
  • Total Real Estate Property Taxes: 1600.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2011
Closed on
Mar 30, 2012
Sold by
Rehm Alfred F and Rehm Janet Kirkland
Bought by
Butts Timothy Ray and Butts Jan Edmundson
Seller's Agent
The Star Team
Veterans Realty Company, Inc.
Buyer's Agent
Sally Seller
Non Member Office
List Price
$399,900
Sold Price
$335,000
Premium/Discount to List
-$64,900
-16.23%
Current Estimated Value
$970,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,796
Avg. Annual Appreciation
8.08%
Original Mortgage
$268,000
Outstanding Balance
$185,634
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$785,162

Purchase Details

Closed on
Oct 25, 2002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Butts Timothy Ray $335,000 None Available
-- $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butts Timothy Ray $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2012 04/05/12 Sold $335,000 -16.2% $397 / Sq Ft
01/10/2012 01/10/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $399,900 -- $474 / 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 $2,070 $876,473 $587,100 $289,373
2024 $1,966 $549,418 $403,200 $146,218
2023 $1,883 $549,418 $403,200 $146,218
2022 $1,828 $549,418 $403,200 $146,218
2021 $1,828 $549,418 $403,200 $146,218
2020 $1,828 $549,418 $403,200 $146,218
2019 $1,456 $464,861 $331,200 $133,661
2017 $1,471 $469,529 $331,200 $138,329
2016 $1,471 $469,529 $331,200 $138,329
2015 $1,424 $469,529 $331,200 $138,329
2014 $1,209 $397,957 $259,920 $138,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 11105067

Hive MLS

APN: 6375.12.86.3294000