NOT LISTED FOR SALE

408 Commerce Ave Unit B Morehead City, NC 28557

Estimated Value: $255,000 - $262,000

2 Beds
2 Baths
1,430 Sq Ft
$260/mo HOA Fee

Last Sold September 29, 2023

Last sale price $261,500 $183 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,748/month

2 Days on Market

Highlights

  • RV or Boat Storage in Community
  • 1 Fireplace
  • Walk-In Closet
  • Morehead City Primary School Rated A-
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of September 2023

HURRY - don't wait! This most desirable ground floor condominium in Bridgewood will not last long. Two bedrooms, two baths, large laundry area, master BR walk-in closet and separate tub and walk-in shower. New interior paint, new LVP flooring in the main living areas, many new light fixtures & ceiling fans, new HVAC (July 2023) and seller has ordered all new stainless steel kitchen appliances (to be delivered soon!). NO STAIRS. Prefer privacy? This condo location on the rear of the building has a covered porch abutting a grassy lawn (not the parking lot side) which provides quiet enjoyment. Two exterior storage rooms (also freshly painted) a perfectly sized. LOW HOA dues of $260/month which includes building insurance, building maintenance & lawn care. A desired location close to Carteret General, local business and medical facilities, the local community college, banks and the Post Office. Minutes from downtown Morehead City which offers shopping, restaurants, night life and the Big Rock Landing. Ready to move right in!

Last Agent to Sell the Property

Syndie Earnhardt

Bluewater Real Estate - EI License #174192 Listed on: 09/02/2023

Last Buyer's Agent

Gary Chronister

Bogue Banks Realty, Inc License #296604

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $833

Year Built

  • Built in 2001

Lot Details

  • 828

HOA Fees

  • $260 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Pest Guard System

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • On-Site Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 63761564652000b

Community Details

Overview

  • Master Insurance
  • Bridgewood HOA, Phone Number (252) 220-5690
  • Bridgewood Condo Subdivision
  • Maintained Community

Recreation

  • RV or Boat Storage in Community

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$833

Year Built

Built in 2001

Lot Details

0

HOA Fees

$260 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: One
  • Year Built: 2001
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, LVT/LVP, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Pantry, Smoke Detectors, Walk-In Closet
  • Laundry Location: Room
  • List Price per Sq Ft: 174.48
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 1430.00
  • Total Heated Primary Separate Sq Ft: 1430.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Assigned, On Site, Parking Lot

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Heat Pump
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: City of Morehead City
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Master Insure, Pest Control, RV/Boat Storage
  • HOAAssociationFee1Year: 3120.00
  • HOAAssociationName: Bridgewood HOA
  • HOAAssociationPhone: 2522205690

Lot Info

  • Deed Page: 256.00
  • Plat Book: 10R
  • Plat Page: 977
  • Zoning: PUD

Tax Info

  • Tax Identifier: 63761564652000b
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 833.35

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2023
Closed on
Sep 28, 2023
Sold by
Red Shingle Llc
Bought by
Ridgway Vivian A and Ridgway Charles A
Seller's Agent
Syndie Earnhardt
Bluewater Real Estate - EI
Buyer's Agent
Gary Chronister
Bogue Banks Realty, Inc
List Price
$249,500
Sold Price
$261,500
Premium/Discount to List
$12,000
4.81%
Views
37
Current Estimated Value
$258,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,883
Avg. Annual Appreciation
-0.54%
Original Mortgage
$205,200
Outstanding Balance
$201,142
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$57,475

Purchase Details

Listed on
Jul 25, 2022
Closed on
Aug 25, 2022
Sold by
James Linwood Clark Revocable Trust
Bought by
Red Shingle Llc
Seller's Agent
Austin Norris
Coldwell Banker Sea Coast Advantage
Buyer's Agent
Mary Cheatham King
Keller Williams Crystal Coast
List Price
$190,000
Sold Price
$190,000
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.17%

Purchase Details

Closed on
Jan 14, 2002
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
Ridgway Vivian A $261,500 None Listed On Document
Red Shingle Llc $190,000 --
-- $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ridgway Vivian A $205,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2023 09/29/23 Sold $261,500 +4.8% $183 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
09/02/2023 09/02/23 For Sale $249,500 +31.3% $174 / Sq Ft
09/06/2022 09/06/22 Sold $190,000 0.0% $132 / Sq Ft View Prior Sale
08/03/2022 08/03/22 Pending -- -- --
08/01/2022 08/01/22 For Sale $190,000 -- $132 / 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 $1,571 $259,581 $0 $259,581
2024 $962 $115,260 $0 $115,260
2023 $407 $115,260 $0 $115,260
2022 $395 $115,260 $0 $115,260
2021 $395 $115,260 $0 $115,260
2020 $395 $115,260 $0 $115,260
2019 $348 $107,500 $0 $107,500
2017 $348 $107,500 $0 $107,500
2016 $348 $107,500 $0 $107,500
2015 $338 $107,500 $0 $107,500
2014 $495 $160,000 $0 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100403154

Hive MLS

APN: 6376.15.64.652000B