NOT LISTED FOR SALE

402 Penny Ln Unit J Morehead City, NC 28557

Estimated Value: $162,000 - $238,877

2 Beds
2 Baths
1,290 Sq Ft
$230/mo HOA Fee

Last Sold March 22, 2021

Last sale price $135,000 $105 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,474/month

Highlights

  • Main Floor Primary Bedroom
  • 1 Fireplace
  • Balcony
  • Morehead City Primary School Rated A-
  • Covered Patio or Porch
  • Central Air

About This Home

As of March 2021

Move right into this beautiful 2 bedroom, 2 bath condominium that is centrally located close to shopping, restaurants, NADEP Cherry Point and area beaches.

Last Agent to Sell the Property

TINA CLIFFE

eXp Realty License #281428 Listed on: 02/17/2021

Last Buyer's Agent

Caviness Thames

Intracoastal Realty Corp License #326684

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,302

Year Built

  • Built in 1999

Lot Details

  • 828

HOA Fees

  • $230 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,290 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

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

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Fuel Tank

Community Details

  • Madisen Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 63761434813900j

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,302

Year Built

Built in 1999

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 3.0
  • Stories Levels: 3rd Floor Unit
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: None
  • List Price per Sq Ft: 108.53
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Sq Ft Heated: 1290.00
  • Total Heated Primary Separate Sq Ft: 1290.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: No Amenities
  • HOAAssociationFee1Year: 2760.00

Lot Info

  • Deed Page: 59.00
  • Zoning: Multifamily

Tax Info

  • Tax Identifier: 63761434813900j
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 18, 2021
Sold by
Foster Eddie D and Foster Heather
Bought by
Rogers Elizabeth Ruth
Seller's Agent
TINA CLIFFE
eXp Realty
Buyer's Agent
Caviness Thames
Intracoastal Realty Corp
List Price
$140,000
Sold Price
$135,000
Premium/Discount to List
-$5,000
-3.57%
Current Estimated Value
$214,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,719
Avg. Annual Appreciation
10.64%
Original Mortgage
$108,000
Outstanding Balance
$96,814
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$117,905

Purchase Details

Closed on
Feb 25, 2013
Sold by
Branch Banking & Trust Company
Bought by
Foster Eddie D and Foster Heather

Purchase Details

Closed on
Oct 29, 2012
Sold by
Narron Justin Worth
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Jul 20, 2006
Sold by
Flowers Richard C and Flowers Sylvia M
Bought by
Narron Justin N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 12, 2006
Sold by
Flowers Richard C and Flowers Sylvia M
Bought by
Narron Justin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 7, 2004

Purchase Details

Closed on
Apr 8, 2003
Source: Public Records

Range of Values:

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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
Rogers Elizabeth Ruth $135,000 None Available
Foster Eddie D $79,000 None Available
Branch Banking & Trust Company $78,542 None Available
Narron Justin N $150,000 None Available
Narron Justin W $140,000 None Available
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Elizabeth Ruth $108,000
Previous Owner Narron Justin W $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2021 03/22/21 Sold $135,000 -3.6% $105 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $140,000 0.0% $109 / Sq Ft
10/21/2019 10/21/19 Rented $950 0.0% --
10/02/2019 10/02/19 Under Contract -- -- --
09/25/2019 09/25/19 For Rent $950 -- --
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 $1,302 $212,172 $0 $212,172
2024 $1,039 $125,400 $0 $125,400
2023 $441 $125,400 $0 $125,400
2022 $429 $125,400 $0 $125,400
2021 $429 $125,400 $0 $125,400
2020 $429 $125,400 $0 $125,400
2019 $260 $79,000 $0 $79,000
2017 $260 $79,000 $0 $79,000
2016 $260 $79,000 $0 $79,000
2015 $252 $79,000 $0 $79,000
2014 $353 $112,500 $0 $112,500
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    TINA CLIFFE

    eXp Realty

  • C

    Buyer's Agent in 2021

    Caviness Thames

    Intracoastal Realty Corp

  • Debra Ball

    Seller's Agent in 2019

    Debra Ball

    Crystal Coast Realty Group

    (252) 646-8400

    12 in this area

    21 Total Sales

    Debra Ball
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Map

Source: Hive MLS

MLS Number: 100257255

Hive MLS

APN: 6376.14.34.813900J

North Carolina Carteret County Morehead City 28557

402 Penny Ln Unit J, Morehead City, NC

This home is located at 402 Penny Ln Unit J, Morehead City, NC 28557 since 17 February 2021 and is currently estimated at $214,719, approximately $166 per square foot. This property was built in 1999. 402 Penny Ln Unit J 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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