NOT LISTED FOR SALE

312 W Bogue Blvd Unit 1 And 2 Atlantic Beach, NC 28512

Estimated Value: $447,890 - $656,000

3 Beds
2 Baths
1,120 Sq Ft
$496/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $365,000 $326 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,119/month

136 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • Furnished
  • Morehead City Primary School Rated A-
  • Vaulted Ceiling
  • No HOA

About This Home

As of March 2021

Income producing property listed under appraised value! This is an adorable, newly remodeled duplex named The Pineapple Place is just blocks from the beach, the circle, shopping, & restaurants with a very clean, responsible long-term renter in place in the downstairs unit. The upstairs comes fully furnished & is a successful current vacation rental with a large deck. The vacation rental made almost $26,000 since Feb 1, 2020. There is a shed in the back with items for guests to take to the beach. It has an outdoor shower. Upstairs has 2 bedrooms & 1 bathroom. Downstairs has 1 bedroom, 1 bath, laundry room, and outside space under the deck. The downstairs tenants have been the cleaners for the upstairs vacation rental and caretakers of the property. Market rent for it as a long-term rental is $900/mo adding $10,800 to the yearly income or it can be listed as a vacation rental with yearly income projections being approx $20,000. Upstairs yearly projections are approx $36,000 for a total of $56,000 per year. Extra measures have been put in place to prevent any water from getting in and if it does extra measures have been put in place to make it much less expensive to repair. Washer and dryer are negotiable. Appraised for $405,000 as income producing property.Artwork does not convey. Current vacation management company requires existing bookings to be honored.

Last Agent to Sell the Property

Eugene Gurganus

Sun Coast Properties of ENC Inc. License #153074 Listed on: 08/28/2020

Last Buyer's Agent

Craig Van Dyke

Eastern Carolina Properties License #269598

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,099

Year Built

  • Built in 1959

Lot Details

  • 6,011 Sq Ft Lot
  • Lot Dimensions are 40 x 150
  • Open Lot

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Second Kitchen
  • Electric Cooktop
  • Stove
  • ENERGY STAR Qualified Appliances

Flooring

  • Concrete
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Outdoor Shower
  • Deck
  • Outdoor Storage
  • Outdoor Gas Grill

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 637516833549000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,099

Year Built

Built in 1959

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: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Concrete, See Remarks, LVT/LVP
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 2nd Kitchen, Furnished, Smoke Detectors, Security System, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 325.89
  • Master Bedroom Level: N/A
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 8
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Separate Living Spcs Addl Sep Bldg Desc: Shed w/ keyless ent
  • Sq Ft Heated: 1120.00
  • Total Heated Primary Separate Sq Ft: 1120.00

Exterior Features

  • Exterior Features: Gas Grill, Outdoor Shower, Storm Doors
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Assigned, Off Street, On Site

Utilities

  • Appliances Equipment: Cooktop - Electric, Stove/Oven - Electric, Refrigerator
  • Cooling System: Wall/Window Unit(s)
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Wall Furnace
  • 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: No Amenities

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 436.00
  • Lot Acres: 0.14
  • Lot Description: Open
  • Lot Dimensions: 40 x 150
  • Lot Sq Ft: 6011.00
  • Lot Water Features: None
  • Plat Book: 1
  • Plat Page: 131
  • Zoning: Residential

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: Energy Star Appl, LED Lighting

Rental Info

  • Annual Gross Rental Income Collected: 22000

Tax Info

  • Tax Identifier: 637516833549000
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 398.00
  • Total Real Estate Property Taxes: 1099.00

MLS Schools

  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Feb 17, 2021
Sold by
Aeg Homes Llc
Bought by
Bayley Patrick F and Bayley Amy G
Seller's Agent
Eugene Gurganus
Sun Coast Properties of ENC Inc.
Buyer's Agent
Craig Van Dyke
Eastern Carolina Properties
List Price
$395,000
Sold Price
$365,000
Premium/Discount to List
-$30,000
-7.59%
Total Days on Market
136
Current Estimated Value
$555,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,473
Avg. Annual Appreciation
9.92%
Original Mortgage
$328,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2019
Sold by
Culbreth Best Deborah
Bought by
Aeg Homes Llc
Source: Public Records

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Range of Values:

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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
Bayley Patrick F $365,000 None Available
Aeg Homes Llc $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayley Patrick F $323,500
Closed Bayley Patrick F $45,000
Closed Bayley Patrick F $328,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $365,000 0.0% $326 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
11/20/2020 11/20/20 Price Changed $365,000 -7.6% $326 / Sq Ft
08/28/2020 08/28/20 For Sale $395,000 -- $353 / 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
2024 $8 $215,148 $95,456 $119,692
2023 $747 $215,148 $95,456 $119,692
2022 $725 $215,148 $95,456 $119,692
2021 $725 $215,148 $95,456 $119,692
2020 $725 $215,148 $95,456 $119,692
2019 $681 $214,942 $145,696 $69,246
2017 $691 $214,942 $145,696 $69,246
2016 $691 $217,915 $145,696 $72,219
2015 $669 $217,915 $145,696 $72,219
2014 -- $192,020 $116,914 $75,106
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100233941

Hive MLS

APN: 6375.16.83.3549000