NOT LISTED FOR SALE

402 Penny Ln Unit D Morehead City, NC 28557

Estimated Value: $257,000 - $270,090

3 Beds
2 Baths
1,504 Sq Ft
$400/mo HOA Fee

Last Sold May 28, 2024

Last sale price $256,000 $170 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,928/month

14 Days on Market

Highlights

  • End Unit
  • Elevator
  • Screened Patio
  • Morehead City Primary School Rated A-
  • Porch
  • Walk-In Closet

About This Home

As of May 2024

Experience the charm of this 3-bedroom, 2-bathroom condominium on the first floor in Madisen Park. Situated conveniently near the beach, hospital, and restaurants, its prime location offers accessibility to essential amenities. Boasting ceilings of over 9 feet and equipped with ceiling fans, this condo provides ample space and comfort. Enjoy the added luxury of a screened-in patio, perfect for relaxation and outdoor enjoyment.

Last Agent to Sell the Property

Holland Shepard Team

Keller Williams Crystal Coast License #C24926 Listed on: 04/08/2024

Keller Williams Crystal Coast

Last Buyer's Agent

Kristy & Kaprice Couch

Crystal Coast Realty & Home Services License #338093

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $744

Year Built

  • Built in 1999

Lot Details

  • End Unit

HOA Fees

  • $400 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Home Security

Parking

  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Parking Lot

Outdoor Features

  • Screened Patio
  • Porch

Schools

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

Utilities

  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 63761434813900d

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Madisen Court Condo Association, Phone Number (252) 342-2204
  • Madisen Park Subdivision
  • Maintained Community

Amenities

  • Elevator

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$744

Year Built

Built in 1999

Lot Details

0

HOA Fees

$400 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: 1st Floor Unit, End Unit
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, LVT/LVP, Tile, Vinyl
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling Fan(s), Gas Logs, Pantry, Smoke Detectors, Walk-in Shower, Walk-In Closet
  • Laundry Location: Closet
  • List Price per Sq Ft: 176.20
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Bedroom 3 Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Other Level: First
  • Sq Ft Heated: 1504.00
  • Total Heated Primary Separate Sq Ft: 1504.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Porch, Screened
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site, Parking Lot, Paved, Shared

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In, Refrigerator, Stove/Oven - Electric
  • Cooling System: Heat Pump
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Elevator(s), Maint - Comm Areas, Maint - Grounds, Management, Master Insure, Roof, Trash
  • HOAAssociationFee1Year: 4800.00
  • HOAAssociationName: Madisen Court Condo
  • HOAAssociationPhone: 2523422204

Lot Info

  • Deed Page: 397.00
  • Plat Book: 10R
  • Plat Page: 754
  • Special Assessments: None Known
  • Zoning: Residential

Tax Info

  • Tax Identifier: 63761434813900d
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 743.64

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

Listed on
Apr 8, 2024
Closed on
May 15, 2024
Sold by
Walker Richard Darrell and Walker Denice Winn
Bought by
Thompson Audrey D and Wall Martin E
Seller's Agent
Holland Shepard Team
Keller Williams Crystal Coast
Buyer's Agent
Kristy & Kaprice Couch
Crystal Coast Realty & Home Services
List Price
$265,000
Sold Price
$256,000
Premium/Discount to List
-$9,000
-3.4%
Views
61
Current Estimated Value
$266,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,023
Avg. Annual Appreciation
2.78%
Original Mortgage
$150,000
Outstanding Balance
$147,897
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$118,126

Purchase Details

Listed on
Nov 16, 2022
Closed on
Jan 18, 2023
Sold by
Munn James R and Munn Joan L
Bought by
Walker Richard Darrell and Walker Denice Winn
Seller's Agent
John Vesco
John Vesco Inc.
Buyer's Agent
Linda Shingleton
CENTURY 21 Coastland Realty
List Price
$239,900
Sold Price
$224,100
Premium/Discount to List
-$15,800
-6.59%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Original Mortgage
$220,040
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 16, 2020
Closed on
Nov 9, 2020
Sold by
G & H Partners
Bought by
Munn James R and Cantor Munn Joan
Seller's Agent
Jimmy Paylor
RE/MAX Ocean Properties
Buyer's Agent
Karen Ahern
RE/MAX Ocean Properties
List Price
$149,900
Sold Price
$150,400
Premium/Discount to List
$500
0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.87%

Purchase Details

Listed on
Oct 2, 2014
Closed on
Feb 26, 2015
Sold by
Dean David L and Dean Christina
Bought by
G & H Partners
Seller's Agent
Thomas Stephenson
Century 21 Coastal Advantage
Buyer's Agent
Alan Leary, III
Century 21 Coastal Advantage
List Price
$92,000
Sold Price
$94,000
Premium/Discount to List
$2,000
2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.53%

Purchase Details

Closed on
Sep 23, 2005
Sold by
Flinchum Anthony and Flinchum Cecilia C
Bought by
Dean David L and Dean Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2002
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
Thompson Audrey D $256,000 None Listed On Document
Walker Richard Darrell $224,500 --
Munn James R $150,500 None Available
G & H Partners $94,000 Attorney
Dean David L $160,000 None Available
-- $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Audrey D $150,000
Previous Owner Walker Richard Darrell $220,040
Previous Owner Dean David L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2024 05/28/24 Sold $256,000 -3.4% $170 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $265,000 +18.3% $176 / Sq Ft
02/01/2023 02/01/23 Sold $224,100 0.0% $139 / Sq Ft View Prior Sale
01/05/2023 01/05/23 Pending -- -- --
01/02/2023 01/02/23 Price Changed $224,000 -2.2% $139 / Sq Ft
11/22/2022 11/22/22 Price Changed $229,000 -4.5% $142 / Sq Ft
11/16/2022 11/16/22 For Sale $239,900 +59.5% $149 / Sq Ft
11/20/2020 11/20/20 Sold $150,400 +0.3% $94 / Sq Ft View Prior Sale
10/18/2020 10/18/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $149,900 +59.5% $93 / Sq Ft
02/26/2015 02/26/15 Sold $94,000 +2.2% $59 / Sq Ft View Prior Sale
02/12/2015 02/12/15 Pending -- -- --
10/02/2014 10/02/14 For Sale $92,000 -- $58 / 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 $1,461 $240,102 $0 $240,102
2024 $857 $101,200 $0 $101,200
2023 $359 $101,200 $0 $101,200
2022 $349 $101,200 $0 $101,200
2021 $349 $101,200 $0 $101,200
2020 $349 $101,200 $0 $101,200
2019 $280 $85,500 $0 $85,500
2017 $280 $85,500 $0 $85,500
2016 $280 $85,500 $0 $85,500
2015 $272 $85,500 $0 $85,500
2014 $456 $147,000 $0 $147,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2024

    Holland Shepard Team

    Keller Williams Crystal Coast

    (252) 515-7291

    31 in this area

    270 Total Sales

    Holland Shepard Team
    Section Image

  • K

    Buyer's Agent in 2024

    Kristy & Kaprice Couch

    Crystal Coast Realty & Home Services

    Section Image

  • M

    Buyer's Agent in 2024

    Mary Couch

    Crystal Coast Realty & Home Services

  • John Vesco

    Seller's Agent in 2023

    John Vesco

    John Vesco Inc.

    (252) 808-7056

    7 in this area

    164 Total Sales

    John Vesco
    Section Image

  • L

    Buyer's Agent in 2023

    Linda Shingleton

    CENTURY 21 Coastland Realty

    Section Image
  • Jimmy Paylor

    Seller's Agent in 2020

    Jimmy Paylor

    RE/MAX

    (252) 342-0802

    19 in this area

    34 Total Sales

    Jimmy Paylor
    Section Image
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Map

Source: Hive MLS

MLS Number: 100437430

Hive MLS

APN: 6376.14.34.813900D

North Carolina Carteret County Morehead City 28557

402 Penny Ln Unit D, Morehead City, NC

This home is located at 402 Penny Ln Unit D, Morehead City, NC 28557 since 08 April 2024 and is currently estimated at $266,023, approximately $176 per square foot. This property was built in 1999. 402 Penny Ln Unit D is a home located in Carteret County with nearby schools including Morehead City Primary School, Morehead Elementary School at Camp Glenn, and Morehead City Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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