NOT LISTED FOR SALE

301 Commerce Way Unit 154 Sea Spray Atlantic Beach, NC 28512

Estimated Value: $348,622 - $396,000

2 Beds
2 Baths
790 Sq Ft
$381/mo HOA Fee

Last Sold March 11, 2021

Last sale price $249,900 $316 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,435/month

3 Days on Market

Highlights

  • Ocean Front
  • Deeded access to the beach
  • Furnished
  • Morehead City Primary School Rated A-
  • Ocean Side of Freeway
  • Solid Surface Countertops

About This Home

As of March 2021

Welcome to the beach! This lovely unit at Sea Spray is conveniently placed on the first floor with easy access to the beach. It's beautifully appointed, furnished, and decorated with a tasteful elegance. Come in and admire the teak countertops in the kitchen and bead board ceilings throughout the main living areas. It also includes an oversized water heater. Well maintained and cheerful, this unit even has some ocean views on the porch and master bedroom! Although this unit was not a rental, these units make a great investment property for rentals! A perfectly peaceful place to get away, Sea Spray has amenities of pool and picnic areas and of course the beach!

Last Agent to Sell the Property

Basnight Garner Real Estate

Keller Williams Crystal Coast Listed on: 01/28/2021

Last Buyer's Agent

Basnight Garner Real Estate

Keller Williams Crystal Coast Listed on: 01/28/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $846

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • Property fronts a private road

HOA Fees

  • $381 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Tar and Gravel Roof
  • Wood Siding
  • Modular or Manufactured Materials
  • Piling Construction

Interior Spaces

  • 790 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Pest Guard System

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Deeded access to the beach
  • Ocean Side of Freeway
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Co-Op Water
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 638516828529154

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Sea Spray Subdivision
  • Maintained Community

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool

Additional Features

  • Picnic Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$846

Year Built

Built in 1980

Lot Details

0

HOA Fees

$381 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Modular
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One
  • Year Built: 1980
  • Road Frontage Type: Ocean Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 600 - 799
  • Interior Amenities: Blinds/Shades, Furnished, Walk-in Shower, Solid Surface, Ceiling Fan(s)
  • List Price per Sq Ft: 316.33
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Sq Ft Heated: 790.00
  • Total Heated Primary Separate Sq Ft: 790.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Paved, Private
  • Roof: Tar/Gravel
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Refrigerator, Stove/Oven - Electric, Microwave - Built-In
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Pest Control, Water, Trash, Taxes, Street Lights, Sewer, Roof, Playground, Picnic Area, Maint - Comm Areas, Master Insure, Management, Maintenance Structure, Maint - Roads, Maint - Grounds, Community Pool, Cable
  • HOAAssociationFee1Year: 4576.08

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 356.00
  • Lot Water Features: Deeded Beach Access, Ocean Side
  • Plat Book: 10D
  • Plat Page: 30-37
  • Special Assessments: 1500 paid in full
  • Zoning: MF

Tax Info

  • Tax Identifier: 638516828529154
  • Tax Year: 2020

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Feb 14, 2021
Sold by
Grimes Paul David and Grimes Erin H
Bought by
Schmidt April Moore and Schmidt Leslie Shane
Seller's Agent
Basnight Garner Real Estate
Keller Williams Crystal Coast
Buyer's Agent
Basnight Garner Real Estate
Keller Williams Crystal Coast
List Price
$249,900
Sold Price
$249,900
Current Estimated Value
$373,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,006
Avg. Annual Appreciation
9.15%
Original Mortgage
$187,425
Outstanding Balance
$167,631
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$206,275

Purchase Details

Listed on
Jun 14, 2016
Closed on
Apr 5, 2017
Sold by
Wheeler Nancy B and Carlson Michael R
Bought by
Grimes Paul David and Grimes Erin H
Seller's Agent
Carolyn Cannon
Cannon & Gruber, Realtors
Buyer's Agent
Basnight Garner Real Estate
Keller Williams Crystal Coast
List Price
$199,999
Sold Price
$187,000
Premium/Discount to List
-$12,999
-6.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$140,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2010
Sold by
Glasgow Margaret Cameron
Bought by
Wheeler Nancy B and Carlson Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2002
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
Schmidt April Moore $250,000 None Available
Schmidt April Moore $250,000 Whaley Debra
Grimes Paul David $187,000 None Available
Wheeler Nancy B $185,000 None Available
-- $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt April Moore $187,425
Closed Schmidt April Moore $187,425
Previous Owner Grimes Paul David $140,250
Previous Owner Wheeler Nancy B $138,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2021 03/11/21 Sold $249,900 0.0% $316 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $249,900 +33.6% $316 / Sq Ft
04/10/2017 04/10/17 Sold $187,000 -6.5% $223 / Sq Ft View Prior Sale
03/02/2017 03/02/17 Pending -- -- --
06/14/2016 06/14/16 For Sale $199,999 -- $238 / 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 $846 $332,423 $0 $332,423
2024 $732 $186,480 $0 $186,480
2023 $649 $186,480 $0 $186,480
2022 $630 $186,480 $0 $186,480
2021 $630 $186,480 $0 $186,480
2020 $630 $186,480 $0 $186,480
2019 $511 $160,000 $0 $160,000
2017 $511 $160,000 $0 $160,000
2016 $511 $160,000 $0 $160,000
2015 $495 $160,000 $0 $160,000
2014 $643 $209,450 $0 $209,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100254256

Hive MLS

APN: 6385.16.82.8529154