NOT LISTED FOR SALE

402 Penny Ln Unit K Morehead City, NC 28557

Estimated Value: $228,000 - $261,000

3 Beds
2 Baths
1,452 Sq Ft
$200/mo HOA Fee

Last Sold September 20, 2017

Last sale price $127,800 $88 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,617/month

14 Days on Market

Highlights

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

About This Home

As of September 2017

LARGE OPEN FLOOR PLAN CONDO ON THIRD FLOOR WITH ELEVATOR. MASTER BEDROOM HAS A LARGE WALK IN CLOSET.THE HALL BATH HAS A TUB WITH WATER JETS FOR RELAXING BATHSGOOD RENTAL PROPERTY

Last Agent to Sell the Property

Jarvis Cox

RE/MAX Ocean Properties License #36281 Listed on: 07/24/2017

RE/MAX Ocean Properties

Last Buyer's Agent

Eleanor Copeland

Bluewater Real Estate AB License #178963

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,356

Year Built

  • Built in 1999

Lot Details

  • 784

HOA Fees

  • $200 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,452 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 6376.14.34.813900k

Community Details

Overview

  • Maintained Community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,356

Year Built

Built in 1999

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • 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, 3rd Floor Unit
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Tile, Wood, Vinyl
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 9Ft+ Ceilings, Elevator, Walk-In Closet, Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 92.91
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Sq Ft Heated: 1452.00
  • Total Heated Primary Separate Sq Ft: 1452.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Covered
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site, Shared, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None, Propane Buried
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Sewer Available
  • Water Heater: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Management, Maintenance Structure, Maint - Grounds
  • HOAAssociationFee1Year: 2400.00

Lot Info

  • Deed Page: 465.00
  • Lot Water Features: None
  • Zoning: R

Tax Info

  • Tax Identifier: 6376.14.34.813900k
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2017
Closed on
Sep 19, 2017
Sold by
Orama Herbert D and Orama Donna E
Bought by
Livingston Kimberly Jean
Seller's Agent
Jarvis Cox
RE/MAX Ocean Properties
Buyer's Agent
Eleanor Copeland
Bluewater Real Estate AB
List Price
$135
Sold Price
$127,800
Premium/Discount to List
$127,665
94636.84%
Current Estimated Value
$246,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,929
Avg. Annual Appreciation
8.47%
Original Mortgage
$129,090
Outstanding Balance
$107,799
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$138,930

Purchase Details

Closed on
Mar 25, 2013
Sold by
Branch Banking & Trust Company
Bought by
Orama Herbert D and Orama Donna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2012
Sold by
Narron Real Estate Holdings Inc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Jul 16, 2008
Sold by
Worthington Realty Inc
Bought by
Narron Real Estate Holdings Inc

Purchase Details

Closed on
Mar 19, 2008
Sold by
Worthington Gray H
Bought by
Worthington Realty Inc

Purchase Details

Closed on
Mar 14, 2008
Sold by
Worthington Realty Inc
Bought by
Worthington Gray H

Purchase Details

Closed on
Jun 7, 2004

Purchase Details

Closed on
Apr 24, 2003

Purchase Details

Closed on
Dec 21, 1999
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
Livingston Kimberly Jean $128,000 None Available
Orama Herbert D $91,000 None Available
Branch Banking & Trust Company $157,084 None Available
Narron Real Estate Holdings Inc $805,000 None Available
Worthington Realty Inc -- None Available
Worthington Gray H -- None Available
Worthington Gray H -- None Available
-- -- --
-- $88,500 --
-- $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Livingston Kimberly Jean $129,090
Previous Owner Orama Herbert D $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2017 09/20/17 Sold $127,800 +94636.8% $88 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
07/24/2017 07/24/17 For Sale $135 -- $0 / 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 $1,356 $221,619 $0 $221,619
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

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Map

Source: Hive MLS

MLS Number: 100074225

Hive MLS

APN: 6376.14.34.813900K