$151,500
SOLD FEB 15, 2021

404 Penny Ln Unit G Morehead City, NC 28557

3 Beds
2 Baths
1,528 Sq Ft
$230/mo HOA Fee

Recently Sold

$99 Per Sq Ft

1% Below List Price

8 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Balcony
  • Morehead City Primary School Rated A-
  • Covered patio or porch
  • Double Pane Windows

About This Home

As of October 2024

SECOND FLOOR 3 BEDROOM CONDO in Madisen Park located in central Morehead City! Don't miss out on this rare opportunity with a quiet pond view! Conveniently located just minutes from shops, hospital, public boat ramp, Carteret Community College and the Atlantic Beach Bridge leading to public beach accesses. Perfect location to enjoy the coast, Morehead City and Beaufort! Great rental history.

Last Agent to Sell the Property

By the Coast Realty Team

RE/MAX Ocean Properties Listed on: 11/03/2020

Last Buyer's Agent

By the Coast Realty Team

RE/MAX Ocean Properties Listed on: 11/03/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10

Year Built

  • Built in 2001

HOA Fees

  • $230 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,528 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

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

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch

Location

  • Flood Insurance May Be Required

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 6376.14.34.902700g

Community Details

Overview

  • Madisen Park Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$10

Year Built

Built in 2001

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: 1.0
  • Stories Levels: 2nd Floor Unit, One
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master
  • List Price per Sq Ft: 100.46
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 5
  • Sq Ft Heated: 1528.00
  • Total Heated Primary Separate Sq Ft: 1528.00

Exterior Features

  • Exterior Features: DP50 Windows, Storm Doors
  • Exterior Finish: Brick Veneer, Vinyl Siding
  • Fencing: None
  • Foundation: Permanent, Slab
  • Porch Balcony Deck: Balcony, Deck, Covered
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Utilities: Community Sewer, Community Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Flood Insurance, Trash, Sidewalk, Street Lights, Management, Maint - Grounds, Maint - Comm Areas
  • HOAAssociationFee1Year: 2760.00

Lot Info

  • Deed Page: 318.00
  • Lot Dimensions: irr
  • Plat Book: 10R
  • Plat Page: 959
  • Zoning: Multi

Tax Info

  • Tax Identifier: 6376.14.34.902700g
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Oct 2, 2024
Sold by
Kosterman Joseph A
Bought by
Rice Patricia
Seller's Agent
A Non Member
A Non Member
Buyer's Agent
Mary Cheatham King
Keller Williams Crystal Coast
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$230,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,607
Avg. Annual Appreciation
9.79%

Purchase Details

Listed on
Mar 9, 2023
Closed on
Apr 3, 2023
Sold by
Gregory Lawson James and Patton Betty
Bought by
Kosterman Joseph A
Seller's Agent
Mary Cheatham King
Keller Williams Crystal Coast
Buyer's Agent
A Non Member
A Non Member
List Price
$219,900
Sold Price
$210,000
Premium/Discount to List
-$9,900
-4.5%
Views
228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%

Purchase Details

Listed on
Nov 3, 2020
Closed on
Feb 8, 2021
Sold by
Gainage Llc
Bought by
Lawson James Gregory and Lawson Betty Patton
Seller's Agent
By the Coast Realty Team
RE/MAX Ocean Properties
Buyer's Agent
By the Coast Realty Team
RE/MAX Ocean Properties
List Price
$153,500
Sold Price
$151,500
Premium/Discount to List
-$2,000
-1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.32%
Original Mortgage
$121,200
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2015
Sold by
Creech Douglas Henry and Creech Joyce
Bought by
Gainage Llc

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
Jun 7, 2004

Purchase Details

Closed on
Apr 8, 2003
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 Type Sale Price Title Company
Warranty Deed $215,000 None Listed On Document
Warranty Deed $210,000 None Listed On Document
Warranty Deed $152,000 None Available
Warranty Deed $92,000 Attorney
Trustee Deed $157,084 None Available
Warranty Deed $805,000 None Available
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $121,200 New Conventional
Previous Owner $121,200 New Conventional
Previous Owner $80,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $215,000 0.0% $139 / Sq Ft
10/04/2024 10/04/24 For Sale $215,000 -2.3% $139 / Sq Ft
09/06/2024 09/06/24 Price Changed $220,000 -3.5% $144 / Sq Ft
06/20/2024 06/20/24 Price Changed $227,900 -0.5% $149 / Sq Ft
05/29/2024 05/29/24 Price Changed $229,000 -2.5% $150 / Sq Ft
05/21/2024 05/21/24 Price Changed $234,900 -1.7% $154 / Sq Ft
03/30/2024 03/30/24 For Sale $239,000 +13.8% $156 / Sq Ft
04/13/2023 04/13/23 Sold $210,000 -4.5% $136 / Sq Ft
03/09/2023 03/09/23 For Sale $219,900 +45.1% $142 / Sq Ft
02/15/2021 02/15/21 Sold $151,500 -1.3% $99 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $153,500 -- $100 / 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 $10 $125,400 $0 $125,400
2023 $429 $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: 100244227

Hive MLS

APN: 6376.14.34.902700G