404 Penny Ln Unit F Morehead City, NC 28557
2
Beds
2
Baths
1,344
Sq Ft
$400/mo
HOA Fee
Highlights
- Home fronts a pond
- Pond View
- Thermal Windows
- Morehead City Primary School Rated A-
- Covered patio or porch
- Walk-In Closet
About This Home
As of January 2024Looking for a cozy and convenient place to call home? Look no further than this stunning 2-bedroom 2-bathroom condo in Madisen Park! Located in the heart of Morehead City, this second floor unit offers easy access with an elevator just a few feet from the door. Close proximity to local surrounding schools, the local community college, public boat ramps, and beaches. Just a few minutes from the bridge to ATLANTIC BEACH! Whether you are a history buff or a beach bum this is the perfect location for exploring all that the Crystal Coast has to offer. Do not miss this amazing opportunity! Schedule your showings today and start living your best life in Madisen Park!
Last Agent to Sell the Property
Wyatt Rike
Linda Rike Real Estate License #283567 Listed on: 11/16/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7
Year Built
- Built in 2001
HOA Fees
- $400 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Combination Foundation
- Slab Foundation
- Wood Frame Construction
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,344 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Gas Log Fireplace
- Thermal Windows
- Combination Dining and Living Room
- Pond Views
- Termite Clearance
Flooring
- Carpet
- Tile
- Vinyl Plank
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- Lighted Parking
- Driveway
- Paved Parking
- On-Site Parking
- Parking Lot
Schools
- Morehead City Elementary School
- Morehead City Middle School
- West Carteret High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Propane
- Electric Water Heater
- Fuel Tank
Additional Features
- Accessible Elevator Installed
- Energy-Efficient Doors
- Covered patio or porch
- Home fronts a pond
- Flood Insurance May Be Required
Listing and Financial Details
- Assessor Parcel Number 63761434902700a
Community Details
Overview
- Roof Maintained by HOA
- Master Insurance
- Madisen Court Coa, Phone Number (252) 342-2204
- Madisen Park Subdivision
- Maintained Community
Pet Policy
- Dogs and Cats Allowed
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2023
Closed on
Dec 28, 2023
Sold by
Loyd Aleshia A
Bought by
Johnson Susan
Seller's Agent
Wyatt Rike
Linda Rike Real Estate
Buyer's Agent
R&R Realty Group NC
Coldwell Banker Sea Coast Advantage
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Total Days on Market
6
Views
65
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$110,000
Outstanding Balance
$108,667
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$114,601
Purchase Details
Closed on
Feb 23, 2022
Sold by
Loyd William F and Loyd Janice
Bought by
Loyd Aleshia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,699
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2006
Sold by
Flowers Richard C and Flowers Sylvia M
Bought by
Lloyd William F and Lloyd Aleshia Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 7, 2004
Purchase Details
Closed on
Apr 8, 2003
Similar Homes in Morehead City, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $190,000 | None Listed On Document | |
| Warranty Deed | $77,000 | Whaley Debra | |
| Warranty Deed | $160,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $110,000 | New Conventional | |
| Previous Owner | $61,699 | New Conventional | |
| Previous Owner | $144,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | For Sale | $254,000 | +33.7% | $189 / Sq Ft |
| 01/03/2024 01/03/24 | Sold | $190,000 | -5.0% | $141 / Sq Ft |
| 11/22/2023 11/22/23 | Pending | -- | -- | -- |
| 11/16/2023 11/16/23 | For Sale | $200,000 | -- | $149 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $7 | $84,700 | $0 | $84,700 |
| 2023 | $303 | $84,700 | $0 | $84,700 |
| 2022 | $295 | $84,700 | $0 | $84,700 |
| 2021 | $295 | $84,700 | $0 | $84,700 |
| 2020 | $295 | $84,700 | $0 | $84,700 |
| 2019 | $248 | $75,000 | $0 | $75,000 |
| 2017 | $248 | $75,000 | $0 | $75,000 |
| 2016 | $248 | $75,000 | $0 | $75,000 |
| 2015 | $240 | $75,000 | $0 | $75,000 |
| 2014 | $330 | $105,000 | $0 | $105,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kathryn Calling
Seller's Agent in 2025
Kathryn Calling
Coldwell Banker Sea Coast AB
(860) 983-9793
27 in this area
104 Total Sales
-
W
Seller's Agent in 2024
Wyatt Rike
Linda Rike Real Estate
-
R&R Realty Group NC
R
Buyer's Agent in 2024
R&R Realty Group NC
Coldwell Banker Sea Coast Advantage
(910) 548-5516
1 in this area
147 Total Sales
Map
Source: Hive MLS
MLS Number: 100415026
APN: 6376.14.34.902700F
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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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