NOT LISTED FOR SALE

404 E Terminal Blvd Atlantic Beach, NC 28512

Estimated Value: $843,000 - $1,133,000

6 Beds
4 Baths
850 Sq Ft
$1,157/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $600,000 $706 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,578/month

1 Day on Market

Highlights

  • No HOA
  • Covered patio or porch
  • Ceiling Fan
  • Morehead City Primary School Rated A-
  • Balcony
  • Floor Furnace

About This Home

As of August 2021

Atlantic Beach Fourth Row Quadplex. This great income property features two units in the front cottage and two in the rear cottage. Front units are 2/1 and rear units are 1/1 and a studio apartment. Investors dream, units are all rented. Short distance to the public beach access. Atlantic Beach features shopping, dining, marina's, fishing piers, Ft. Macon State Park and so much more. Just Add Water To Your Lifestyle!!

Last Listed By

Kelinda & Linda Rike

Linda Rike Real Estate License #280656/108865 Listed on: 07/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $891

Year Built

  • Built in 1960

Lot Details

  • 4,879 Sq Ft Lot
  • Lot Dimensions are 40x120x40x123

Parking

  • On-Site Parking

Home Design

  • Quadruplex
  • Block Foundation
  • Shingle Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 4 Bathrooms
  • 2-Story Property
  • Ceiling Fan
  • Blinds

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 638513133043000

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$891

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Quadruplex
  • Cobra Zone: No
  • Construction: Block
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: 1st Floor, 2nd Floor
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: None
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling Fan(s)
  • List Price per Sq Ft: 705.88
  • Total Bathrooms: 4.00
  • Number Bedrooms Total: 6
  • Total Heated Sq Ft: 850.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Block, Wood Siding
  • Fencing: None
  • Foundation: Block
  • Porch Balcony Deck: Balcony, Covered, Porch
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: On Site

Utilities

  • Cooling System: Wall/Window Unit(s)
  • Fuel Tank: None
  • Heating System: Wall/Floor Furnace

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks
  • Property Mgmt Company: No

Lot Info

  • Deed Book: 1287
  • Deed Page: 455.00
  • Lot Acres: 0.11
  • Lot Dimensions: 40x120x40x123
  • Lot Sq Ft: 4879.00
  • Plat Book: 1
  • Plat Page: 131
  • Special Assessments: None Indicated per Seller
  • Zoning: R

Rental Info

  • Pets: No

Tax Info

  • Tax Identifier: 638513133043000
  • Tax Year: 2020

Multi Family

  • Number Total Units: 4

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
Jul 29, 2021
Closed on
Aug 11, 2021
Sold by
Ketterer Harold Donald
Bought by
Strike Eagle Properties Llc
Seller's Agent
Kelinda & Linda Rike
Linda Rike Real Estate
Buyer's Agent
Kelinda & Linda Rike
Linda Rike Real Estate
List Price
$600,000
Sold Price
$600,000
Total Days on Market
1
Current Estimated Value
$983,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,278
Avg. Annual Appreciation
14.00%

Purchase Details

Closed on
Oct 9, 2008
Sold by
Ketterer Harold Donald and Koenig Karen Marie
Bought by
Ketterer Harold Donald

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
Strike Eagle Properties Llc $600,000 None Listed On Document
Ketterer Harold Donald -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koenig Karen $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $600,000 0.0% $706 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $600,000 +160.9% $706 / Sq Ft
11/10/2015 11/10/15 Sold $230,000 0.0% $263 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
08/16/2015 08/16/15 For Sale $229,900 +21.0% $262 / Sq Ft
05/31/2013 05/31/13 Sold $190,000 -5.0% $217 / Sq Ft
04/09/2013 04/09/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $199,900 -- $228 / 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 $891 $257,504 $125,180 $132,324
2023 $891 $257,504 $125,180 $132,324
2022 $865 $257,504 $125,180 $132,324
2021 $515 $257,504 $125,180 $132,324
2020 $865 $257,504 $125,180 $132,324
2019 $614 $193,330 $73,287 $120,043
2017 $614 $193,330 $73,287 $120,043
2016 $614 $193,330 $73,287 $120,043
2015 $595 $193,330 $73,287 $120,043
2014 -- $235,940 $105,938 $130,002
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100283597

Hive MLS

APN: 6385.13.13.3043000