NOT LISTED FOR SALE

Sea Spray Condos 301 Commerce Way Unit 116 Atlantic Beach, NC 28512

Estimated Value: $346,000 - $359,738

2 Beds
2 Baths
795 Sq Ft
1980 Built

Sale Details

Date Sold: May 5, 2023

Last sale price $337,500 $425 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,505 / mo

57 Days on Market

Highlights

  • Ocean Front
  • Deep Water Access
  • Corner Lot
  • Morehead City Primary School Rated A-
  • Gated Community
  • Furnished

About This Home

As of May 2023

Sea Spray is a three-building ocean front condo community, in eastern Atlantic Beach, boarded on the west side by Commerce Way, in between Fort Macon Rd. on the north and the Atlantic Ocean south. The 3 story buildings west, middle and east are laid out in a U configuration all with an ocean view and a full grassed courtyard with pool, grilling and picnic area. Also, on the south, open end is a substantial protecting sand dune. This unit is oceanfront lowest level closest to the walkway straight to the Atlantic Ocean and beside the courtyard with the pool and grill just steps away. Spacious primary bedroom with TV, private bath and access door to the open porch for viewing sunrise and sun set. Guest bedroom with 1 queen and 1 twin bed with full bath just out the door. Fully equipped kitchen for an economical quick snack or full meal at the bar with chairs or TV trays for the adjoining living room with two large couches, one with a recliner and the other with a queen fold out bed. The living room is a good place to relax, watch TV go out to the porch to see fabulous sun rise or sun set.

Last Agent to Sell the Property

Kevin Gioia

Homelister, INC License #328339 Listed on: 01/30/2023

Homelister, INC

Last Buyer's Agent

Mary Cheatham King

Keller Williams Crystal Coast

Keller Williams Crystal Coast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $974

Year Built

  • Built in 1980

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Raised Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Membrane Roofing
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 795 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Blinds
  • Living Room
  • Tile Flooring
  • Crawl Space
  • Laundry in Kitchen

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Stove
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Attic

  • Attic Is Not Usable
  • Attic or Crawl Hatchway Insulated

Home Security

  • Pest Guard System
  • Termite Clearance

Parking

  • Lighted Parking
  • Driveway
  • On-Site Parking
  • Parking Lot
  • Secure Parking

Eco-Friendly Details

  • Energy-Efficient Doors
  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Outdoor Shower
  • Deep Water Access
  • Balcony
  • Covered Patio or Porch

Unit Details

  • Street terminates at a dead end
  • Dunes
  • Irrigation

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Accessible Hallway
  • Flood Insurance May Be Required

Listing and Financial Details

  • Assessor Parcel Number 638516920690116

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Apatb Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Laundry Facilities

Pet Policy

  • Only Owners Allowed Pets

Security

  • Security Service
  • Gated Community
  • Security Lighting
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$974

Year Built

Built in 1980

HOA Fees

$550 per month

Listing Details

  • Property Type: A
  • Sub Type: Condominium
  • Appliances Equipment: Cooktop - Electric, Dishwasher, Ice Maker, Refrigerator, Self Cleaning Oven, Stove/Oven - Electric, Vent Hood
  • Handicap Accessible: Hallways
  • List Priceper Sq Ft: 440.25
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 973.93
  • Waterview: Yes
  • Year Built: 1980
  • Unit Type: 2 Bedroom
  • Lot View Type: Ocean View, Water View
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: No Access
  • Dining Room Type: Kitchen
  • Fireplace: None
  • Flooring: Tile
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling Fan(s), Furnished, Kitchen Island, Pantry, Smoke Detectors, Walk-in Shower
  • Laundry Location: Closet, Kitchen, None
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Bedroom2 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 795.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 795.00
  • Bathroom1 Level: First
  • Bathroom2 Level: First
  • Furnished: Furnished

Exterior Features

  • Exterior Features: DP50 Windows, Irrigation System, Outdoor Shower, Security Lighting, Storm Doors, Thermal Doors
  • Exterior Finish: Fiber Cement, Glass
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Crawl Space, Pilings, Raised
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Composition, Flat, Membrane, Shingle
  • Waterfront: Yes
  • Road Frontage Type: Ocean Front

Garage/Parking

  • Parking Driveway: Asphalt, Lighted, On Site, Parking Lot, Security

Utilities

  • Cooling System: Central, Heat Pump
  • Fuel Tank: None
  • Heated Sq Ft: 600 - 799
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Assessment, Community Sewer, Community Water
  • Water Heater: Electric
  • Heating System Fuel Source: Electric

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Cable, Flood Insurance, Gated, Laundry, Maint - Comm Areas, Maint - Grounds, Maint - Roads, Maintenance Structure, Master Insure, Owner Pets Only, Pest Control, Picnic Area, Roof, Security, Sewer, Sidewalk, Street Lights, Taxes, Termite Bond, Trash, Water
  • H O A Association Fee1 Year: 6600.00
  • H O A H O A1 Mgmt Company: A Place at the Beach

Schools

  • Elementary School: Morehead City Primary
  • Elementary School#2: Morehead City Elem
  • High School: West Carteret
  • Middle School: Morehead City

Lot Info

  • Cobra Zone: No
  • Deed Book: 1736
  • Deed Page: 225.00
  • Lot Description: Corner Lot, Dead End, Dunes
  • Lot Sq Ft: 795.00
  • Lot Water Features: Water Depth 4+, Waterfront Comm
  • Zoning: MFR

Green Features

  • Green Bldg Features: LED Lighting, Sealed Attic

Rental Info

  • Appointment Contact Name: Mickey Stokes
  • Appointment Center Phone: 252-259-6240
  • Rental Income Gross Rental Income: 20670.00
  • Annual Gross Rental Income Collected: 2022
  • Rental Income Occupancy Rate: 23

Tax Info

  • Tax Identifier: 638516920690116
  • Tax Year: 2022
  • Total City Real Estate Property Tax: 362.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Apr 21, 2023
Sold by
Stokes Mickey A and Stokes Patsy H
Bought by
Bonds Amanda L and Bonds Douglas R
Seller's Agent
Kevin Gioia
Homelister, INC
Buyer's Agent
Mary Cheatham King
Keller Williams Crystal Coast
List Price
$350,000
Sold Price
$337,500
Premium/Discount to List
-$12,500
-3.57%
Views
238
Current Estimated Value
$354,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,435
Avg. Annual Appreciation
1.69%
Original Mortgage
$270,000
Outstanding Balance
$262,245
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$92,690

Purchase Details

Listed on
Jul 12, 2021
Closed on
Aug 12, 2021
Sold by
Kirwan Stephen E and Kirwan April
Bought by
Stokes Mickey A and Stokes Patsy H
Seller's Agent
Brenda Wilson
Keller Williams Crystal Coast
Buyer's Agent
Brenda Wilson
Century 21 Town & Country Realty
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%
Original Mortgage
$206,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2021
Sold by
Kiman Stephen Eric
Bought by
Kiman Stephen Eric and Kiman April Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2011
Closed on
Jul 30, 2013
Sold by
Partusch Joseph R
Bought by
Ellrod Susan Diane
Seller's Agent
Pam Bird
Al Williams Properties
Buyer's Agent
Mary Cheatham King
Cannon & Gruber, Realtors
List Price
$217,000
Sold Price
$177,500
Premium/Discount to List
-$39,500
-18.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%

Purchase Details

Closed on
Feb 11, 2005
Sold by
Faber Amy M
Bought by
Partusch Joseph R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,906
Interest Rate
5.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 10, 2004

Purchase Details

Closed on
Feb 26, 1999
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bonds Amanda L $338,000 None Listed On Document
Stokes Mickey A $275,000 None Available
Kiman Stephen Eric -- None Available
Ellrod Susan Diane $177,500 None Available
Partusch Joseph R $206,500 None Available
-- $205,000 --
-- $115,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonds Amanda L $270,000
Previous Owner Stokes Mickey A $206,250
Previous Owner Kiman Stephen Eric $140,000
Previous Owner Partusch Joseph R $164,906
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $337,500 -3.6% $425 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $350,000 +27.3% $440 / Sq Ft
08/27/2021 08/27/21 Sold $275,000 0.0% $348 / Sq Ft View Prior Sale
07/23/2021 07/23/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $275,000 +71.9% $348 / Sq Ft
10/06/2014 10/06/14 Sold $160,000 -17.9% $205 / Sq Ft View Prior Sale
09/10/2014 09/10/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $195,000 +9.9% $249 / Sq Ft
08/01/2013 08/01/13 Sold $177,500 -18.2% $211 / Sq Ft View Prior Sale
07/19/2013 07/19/13 Pending -- -- --
02/24/2011 02/24/11 For Sale $217,000 -- $258 / Sq Ft
Source: Hive MLS

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 $873 $344,259 $0 $344,259
2024 $713 $180,930 $0 $180,930
2023 $612 $180,930 $0 $180,930
2022 $612 $180,930 $0 $180,930
2021 $612 $180,930 $0 $180,930
2020 $612 $180,930 $0 $180,930
2019 $499 $156,000 $0 $156,000
2017 $499 $156,000 $0 $156,000
2016 $499 $156,000 $0 $156,000
2015 $483 $156,000 $0 $156,000
2014 -- $204,800 $0 $204,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100367039

Hive MLS

APN: 6385.16.92.0690116

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