NOT LISTED FOR SALE

305 Cooper Ave Atlantic Beach, NC 28512

Estimated Value: $1,190,000 - $1,629,000

0.11 Acre
$12,619,355 Price per Acre
5,000 Sq Ft Lot

Last Sold November 10, 2020

Last sale price $162,000

Est. 757% increase in value since last sale

Current estimated payment $7,597/month

293 Days on Market

Highlights

  • Water Views
  • Ocean Side of Freeway
  • Level Lot
  • Morehead City Primary School Rated A-
  • No HOA

About This Lot

As of November 2020

4th Row Ocean lot ready to build with a new survey under documents - 3 bedroom septic tank on-site! Easy ocean access just steps away at the end of the street, you can be on the beach in no time to enjoy a sunrise or sunset stroll on the shore. Important feature: this lot is NOT in a flood zone per GIS mapping. Possible ocean AND sound views from your new home on the coast -- begin living the island lifestyle today!

Last Agent to Sell the Property

Mary Cheatham King

Keller Williams Crystal Coast Listed on: 11/21/2019

Keller Williams Crystal Coast

Last Buyer's Agent

Brynn Phillips

Team Streamline Real Estate, LLC. License #272265

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $516

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50' x 100'
  • Street terminates at a dead end
  • Level Lot
  • Cleared Lot

Property Views

  • Water Views

Schools

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

Utilities

  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6385.16.82.5761000

Community Details

Overview

  • No Home Owners Association
  • Asbury Beach Subdivision

Recreation

  • Ocean Side of Freeway

Property Details

Property Type

Land

Est. Annual Taxes

$516

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: Yes

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Water Available, Septic On Site

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Book: 1421
  • Deed Page: 462.00
  • Lot Description: Dead End, Subdivision
  • Lot Dimensions: 50' x 100'
  • Lot Sq Ft: 5000.00
  • Lot Water Features: Ocean Side
  • Zoning: Residential
  • Acres: 0.11
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 1635454.55
  • Soil Evaluation: Soil Evaluation - Yes
  • Soil Evaluation Other: 3 Bed Septic on-site
  • Topography: Cleared, Level, See Remarks

Tax Info

  • Tax Identifier: 6385.16.82.5761000
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 189.57
  • Total Real Estate Property Taxes: 516.06

MLS Schools

  • Elementary School: Morehead City Elem
  • High School: West Carteret
  • Middle School: Morehead City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2022
Sold by
Streamline Developers Llc
Bought by
Maroules Christopher Jordan
Current Estimated Value
$1,388,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$573,726
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$814,403

Purchase Details

Listed on
Nov 21, 2019
Closed on
Nov 5, 2020
Sold by
Bluewater Holdings Co
Bought by
Stremline Developers Llc
Seller's Agent
Mary Cheatham King
Keller Williams Crystal Coast
Buyer's Agent
Brynn Phillips
Team Streamline Real Estate, LLC.
List Price
$179,900
Sold Price
$162,000
Premium/Discount to List
-$17,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.13%
Original Mortgage
$500,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 20, 2012
Sold by
Ferrel John J and Ferrel Jennifer S
Bought by
Bluewater Holdings Co

Purchase Details

Closed on
Jan 28, 2005
Sold by
Warren Brian K and Warren Kellie W
Bought by
Ferrel John J and Ferrel Jennifer S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Maroules Christopher Jordan $850,000 --
Stremline Developers Llc $162,000 None Available
Bluewater Holdings Co $140,000 None Available
Ferrel John J $140,000 None Available
-- $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maroules Christopher Jordan $600,000
Previous Owner Stremline Developers Llc $500,000
Previous Owner Ferrel John J $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2020 11/10/20 Sold $162,000 -9.9% --
09/09/2020 09/09/20 Pending -- -- --
11/21/2019 11/21/19 For Sale $179,900 -- --
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 $3,618 $1,564,545 $275,964 $1,288,581
2024 $1,923 $536,860 $107,625 $429,235
2023 $1,840 $536,860 $107,625 $429,235
2022 $355 $107,625 $107,625 $0
2021 $355 $107,625 $107,625 $0
2020 $355 $107,625 $107,625 $0
2019 $326 $105,318 $105,318 $0
2017 $326 $105,318 $105,318 $0
2016 $326 $105,318 $105,318 $0
2015 $316 $105,318 $105,318 $0
2014 $577 $192,365 $192,365 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100194048

Hive MLS

APN: 6385.16.82.5761000