NOT LISTED FOR SALE

301 Commerce Way Unit 336 Atlantic Beach, NC 28512

Estimated Value: $345,082 - $380,000

2 Beds
2 Baths
840 Sq Ft
$312/mo HOA Fee

Last Sold October 25, 2019

Last sale price $201,000 $239 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,331/month

7 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront Community
  • Ocean Side of Freeway
  • Morehead City Primary School Rated A-
  • Ocean View
  • Gated Community

About This Home

As of October 2019

Come to the beach and enjoy this top floor unit with great balcony views of the Atlantic Ocean, Courtyard and Pool. Two full bedrooms and 2 baths!! Lots of amenities!! Offered furnished. Great location to walk on the beach and close to great restaurants. Amenities includes: fenced in outdoor pool with hot tub, grilling area, court yard with picnic area, beach access, basketball hoop and plenty of parking. RENTAL INCOME GROSS $15,500.00 SO FAR FOR 2019.

Last Agent to Sell the Property

Copeland Bernauer Team

Bluewater Real Estate AB License #213070 Listed on: 08/24/2019

Last Buyer's Agent

Heather Krohn

Coldwell Banker Sea Coast AB License #306315

Coldwell Banker Sea Coast AB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $846

Year Built

  • Built in 1980

Lot Details

  • 436

HOA Fees

  • $312 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Wood Siding
  • Piling Construction

Interior Spaces

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

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 6385.16.82.8529336

Community Details

Overview

  • Master Insurance
  • Sea Spray Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Waterfront Community
  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$846

Year Built

Built in 1980

Lot Details

0

HOA Fees

$312 per month

Listing Details

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

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: Blinds/Shades, Furnished, Smoke Detectors
  • Laundry Location: Closet
  • List Price per Sq Ft: 250.00
  • 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: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Pilings
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Paved
  • Roof: See Remarks
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Garage And Parking: None
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Cooktop - Electric, Refrigerator, Washer, Microwave - Built-In, Dryer, Dishwasher
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: Atlantic Beach
  • Utilities: Community Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball Court, Sewer, Water, Trash, Tennis Court(s), Street Lights, Pest Control, Security, Picnic Area, Maint - Comm Areas, Master Insure, Management, Gated, Community Pool, Cable
  • HOAAssociationFee1Year: 3744.00

Lot Info

  • Deed Page: 283.00
  • Lot Acres: 0.01
  • Lot Sq Ft: 427.00
  • Lot Water Features: Deeded Beach Access, Ocean Side, Waterfront Comm, Water Access Comm, Deeded Water Access
  • Plat Book: 10-D
  • Plat Page: 30
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View

Rental Info

  • Rental Income Gross Rental Income: 15500.00

Tax Info

  • Tax Identifier: 6385.16.82.8529336
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2019
Closed on
Sep 27, 2019
Sold by
Sims Michael F and Sims Laura J
Bought by
Ruffin Investment Properties Llc
Seller's Agent
Copeland Bernauer Team
Bluewater Real Estate AB
Buyer's Agent
Heather Krohn
Coldwell Banker Sea Coast AB
List Price
$210,000
Sold Price
$201,000
Premium/Discount to List
-$9,000
-4.29%
Current Estimated Value
$367,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,271
Avg. Annual Appreciation
10.61%
Original Mortgage
$140,700
Outstanding Balance
$123,260
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$244,011

Purchase Details

Closed on
Aug 11, 2017
Sold by
Ham Claude E and Ham Jean B
Bought by
Sims Laura J and Sims Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 27, 2011
Closed on
Jun 4, 2012
Sold by
Jordan Thomas Leon
Bought by
Ham Claude Edward and Ham Jean B
Seller's Agent
Kelinda & Linda Rike
Linda Rike Real Estate
Buyer's Agent
Sally Seller
Non Member Office
List Price
$189,900
Sold Price
$182,900
Premium/Discount to List
-$7,000
-3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ruffin Investment Properties Llc $201,000 None Available
Sims Laura J $195,000 None Available
Ham Claude Edward $183,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruffin Investment Properties Llc $140,700
Previous Owner Sims Laura J $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2019 10/25/19 Sold $201,000 -4.3% $239 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
08/24/2019 08/24/19 For Sale $210,000 +14.8% $250 / Sq Ft
06/04/2012 06/04/12 Sold $182,900 -3.7% $218 / Sq Ft View Prior Sale
05/22/2012 05/22/12 Pending -- -- --
10/27/2011 10/27/11 For Sale $189,900 -- $226 / 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 $373 $186,480 $0 $186,480
2020 $630 $186,480 $0 $186,480
2019 $460 $143,500 $0 $143,500
2017 $460 $143,500 $0 $143,500
2016 $460 $143,500 $0 $143,500
2015 $446 $143,500 $0 $143,500
2014 $577 $187,425 $0 $187,425
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100181879

Hive MLS

APN: 6385.16.82.8529336