NOT LISTED FOR SALE

302 Commerce Way Atlantic Beach, NC 28512

Estimated Value: $1,290,483 - $1,649,000

3 Beds
4.5 Baths
3,006 Sq Ft
$488/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $950,000 $316 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,108/month

18 Days on Market

Highlights

  • Ocean View
  • Second Kitchen
  • Wood Flooring
  • Morehead City Primary School Rated A-
  • Ocean Side of Freeway
  • Main Floor Primary Bedroom

About This Home

As of May 2021

Quality and taste are reflected all through this Idyllic retreat at the Beach with open and airy spaces and lots of windows. Top floor has great room, well equipped kitchen, half bath and an incredible principal suite with his & hers baths. The second level also has a living area with kitchen plus 2 bedrooms and 2 baths. Elevator to all levels, lovely views of ocean and sound from the covered porches, two garages and an outdoor shower, this is an outstanding home so don't miss seeing it.

Last Agent to Sell the Property

Rosemary Green

Cannon & Gruber, Realtors License #73886 Listed on: 03/04/2021

Last Buyer's Agent

Kimberly Gay

MALONE REALTY License #316927

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,239

Year Built

  • Built in 2018

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100x50x100
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 3,006 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Workshop
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Convection Oven
  • Gas Cooktop
  • Stove
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Outdoor Shower
  • Ocean Side of Freeway
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Water Softener
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Asbury Beach Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 638516826762000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,239

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: Elevator
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Wood, Laminate
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 2nd Kitchen, Smoke Detectors, Workshop, Walk-In Closet, Walk-in Shower, Sprinkler System, Solid Surface, Elevator, Foyer, Ceiling Fan(s)
  • Laundry Location: Room
  • List Price per Sq Ft: 325.68
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 3
  • Additional Main Building Description: 2nd Floor
  • Sq Ft Heated: 3006.00
  • Total Heated Primary Separate Sq Ft: 3006.00

Exterior Features

  • Exterior Features: DP50 Windows, Outdoor Shower
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Shower
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site

Utilities

  • Appliances Equipment: Convection Oven, Stove/Oven - Electric, Water Softener, Washer, Vent Hood, Refrigerator, Microwave - Built-In, Ice Maker, Dryer, Disposal, Dishwasher, Cooktop - Gas
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: Atlantic Beach
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 328.00
  • Lot Acres: 0.11
  • Lot Description: Corner Lot
  • Lot Dimensions: 50X100X50X100
  • Lot Number: 11
  • Lot Sq Ft: 4792.00
  • Lot Water Features: Ocean Side
  • Special Assessments: None Known
  • Zoning: Residential
  • Lot View Type: Ocean View, Water View, Sound View

Tax Info

  • Tax Identifier: 638516826762000
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 1137.95
  • Total Real Estate Property Taxes: 3239.21

MLS Schools

  • Elementary School #2: Morehead City Primary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
May 7, 2021
Sold by
Taylor Toni W and Taylor Roger A
Bought by
Bauer Scott and Bauer Laraine Fay
Seller's Agent
Rosemary Green
Cannon & Gruber, Realtors
Buyer's Agent
Kimberly Gay
MALONE REALTY
List Price
$979,000
Sold Price
$950,000
Premium/Discount to List
-$29,000
-2.96%
Current Estimated Value
$1,492,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,156
Avg. Annual Appreciation
9.86%
Original Mortgage
$550,000
Outstanding Balance
$498,437
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$968,184

Purchase Details

Closed on
Aug 2, 2016
Sold by
Warren Billy Charles
Bought by
Taylor Toni W and Taylor Roger

Purchase Details

Closed on
Apr 8, 2009
Sold by
Daugherty Stephen D and Daugherty Janet Holt
Bought by
Warren Billy Charles and Warren Wendy Lee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bauer Scott $950,000 None Available
Taylor Toni W -- Attorney
Warren Billy Charles $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bauer Scott $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $950,000 -3.0% $316 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $979,000 -- $326 / 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 $3,204 $1,380,325 $275,110 $1,105,215
2024 $2,247 $632,196 $107,625 $524,571
2023 $2,164 $632,196 $107,625 $524,571
2022 $2,101 $632,196 $107,625 $524,571
2021 $2,101 $632,196 $107,625 $524,571
2020 $2,101 $632,196 $107,625 $524,571
2019 $1,061 $337,495 $105,318 $232,177
2017 $341 $105,318 $105,318 $0
2016 $341 $105,318 $105,318 $0
2015 $331 $105,318 $105,318 $0
2014 -- $192,365 $192,365 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rosemary Green

    Cannon & Gruber, Realtors

    (252) 241-6801

    2 in this area

    9 Total Sales

    Rosemary Green
    Section Image

  • K

    Buyer's Agent in 2021

    Kimberly Gay

    MALONE REALTY

    (252) 560-6807

    1 in this area

    41 Total Sales

    Kimberly Gay
    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100259528

Hive MLS

APN: 6385.16.82.6762000

North Carolina Carteret County Atlantic Beach 28512

302 Commerce Way, Atlantic Beach, NC

Not Listed for Sale

Detached

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