NOT LISTED FOR SALE

301 Commerce Way Unit 322 Atlantic Beach, NC 28512

Estimated Value: $338,957 - $380,000

2 Beds
2 Baths
840 Sq Ft
$292/mo HOA Fee

Last Sold January 12, 2018

Last sale price $174,500 $208 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,290/month

220 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Furnished
  • Morehead City Primary School Rated A-
  • Ocean Side of Freeway
  • Covered Patio or Porch

About This Home

As of January 2018

Third Floor Unit with Awesome Balcony Views of Pool, Courtyard, and the Atlantic Ocean. Excellent Rental Potential. Offered furnished as shown. Complex includes pool, grilling area, and oceanfront access.

Last Agent to Sell the Property

Kelinda & Linda Rike

Linda Rike Real Estate License #280656/108865 Listed on: 05/12/2017

Last Buyer's Agent

Mary Cheatham King

Keller Williams Crystal Coast

Keller Williams Crystal Coast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $712

Year Built

  • Built in 1980

Lot Details

  • 261

HOA Fees

  • $292 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Ocean Views
  • Pest Guard System

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Outdoor Features

  • In Ground Pool
  • Ocean Side of Freeway
  • Balcony
  • Covered Patio or Porch
  • Outdoor Gas Grill

Location

  • Flood Insurance May Be Required

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 6385.16.92.0690322

Community Details

Overview

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

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Security Service
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$712

Year Built

Built in 1980

Lot Details

0

HOA Fees

$292 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 3rd Floor Unit, One
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Furnished
  • List Price per Sq Ft: 214.17
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Sq Ft Heated: 840.00
  • Total Heated Primary Separate Sq Ft: 840.00

Exterior Features

  • Exterior Features: Gas Grill, Storm Doors
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air
  • Utilities: Community Sewer, Community Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Cable, Flood Insurance, Water, Trash, Sewer, Security, Roof, Pest Control, Owner Pets Only, No Tenant Pets, Master Insure, Maintenance Structure, Maint - Roads, Laundry, Community Pool
  • HOAAssociationFee1Year: 3504.00

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 459.00
  • Lot Water Features: Ocean Side
  • Plat Page: 20
  • Special Assessments: None Known
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 6385.16.92.0690322
  • Tax Year: 2016
  • Total City Real Estate Property Tax: 242.14
  • Total Real Estate Property Taxes: 712.07

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2017
Closed on
Jan 9, 2018
Sold by
Sharp Ricky Lee and Sharp Leslee Ruth
Bought by
Pennington William J and Pennington Daysi Nieto
Seller's Agent
Kelinda & Linda Rike
Linda Rike Real Estate
Buyer's Agent
Mary Cheatham King
Keller Williams Crystal Coast
List Price
$195,000
Sold Price
$174,500
Premium/Discount to List
-$20,500
-10.51%
Current Estimated Value
$363,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,989
Avg. Annual Appreciation
9.92%

Purchase Details

Closed on
Nov 14, 2007
Sold by
Troutman Robert L and Troutman Scottie M
Bought by
Sharp Ricky Lee and Sharp Leslee Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
6.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 10, 2004
Source: Public Records

Range of Values:

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Average Value
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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
Pennington William J -- None Available
Sharp Ricky Lee $244,000 None Available
-- $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharp Ricky Lee $195,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $174,500 -10.5% $208 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
05/12/2017 05/12/17 For Sale $195,000 -- $232 / 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 $679 $170,940 $0 $170,940
2023 $596 $170,940 $0 $170,940
2022 $579 $170,940 $0 $170,940
2021 $579 $170,940 $0 $170,940
2020 $579 $170,940 $0 $170,940
2019 $470 $146,750 $0 $146,750
2017 $470 $146,750 $0 $146,750
2016 $470 $146,750 $0 $146,750
2015 $455 $146,750 $0 $146,750
2014 $591 $192,000 $0 $192,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100062560

Hive MLS

APN: 6385.16.92.0690322