NOT LISTED FOR SALE

412 Commerce Ave Unit B Morehead City, NC 28557

Estimated Value: $236,545 - $253,000

2 Beds
2 Baths
1,436 Sq Ft
$230/mo HOA Fee

Last Sold October 07, 2022

Last sale price $190,000 $132 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,650/month

3 Days on Market

Highlights

  • Ground Level Unit
  • Covered Patio or Porch
  • Resident Manager or Management On Site
  • Morehead City Primary School Rated A-
  • Balcony
  • Laundry Room

About This Home

As of October 2022

Ground level, spacious condominium in the middle of Morehead City! Location is awesome. Close to shopping, restaurants, public boat ramps, schools, and minutes away from Carteret counties pristine beaches. This 2 bedroom 2 bath condo is just what you are looking for. It features an open floor model with LVP and tiled floors in main living areas. A great private covered patio just off the dining area. Spacious bedrooms and large walk-in closet in the master. The condominium is vacant and can be your new home today!

Last Agent to Sell the Property

Denny Shrock

Keller Williams Crystal Coast License #287179 Listed on: 09/09/2022

Keller Williams Crystal Coast

Last Buyer's Agent

Bailey Basnight Real Estate

Bluewater Real Estate AB License #281517

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $833

Year Built

  • Built in 2001

Lot Details

  • 653

HOA Fees

  • $230 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,436 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Lighted Parking
  • Driveway

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Ground Level Unit

Schools

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

Utilities

  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Fuel Tank
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 63761564652500b

Community Details

Overview

  • Master Insurance
  • Bridgewood Condo Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$833

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: Ground, One
  • Year Built: 2001
  • Trash Collection: City Pick-UP
  • 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: Blinds/Shades, Ceiling Fan(s), Gas Logs
  • Laundry Location: Room
  • List Price per Sq Ft: 138.58
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 1436.00
  • Total Heated Primary Separate Sq Ft: 1436.00

Exterior Features

  • Exterior Features: Gas Logs
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Balcony, Covered, Patio, Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Asphalt, Lighted

Utilities

  • Appliances Equipment: Dishwasher, Dryer, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Washer
  • Cooling System: Heat Pump
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer Available, Municipal Water Available
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Propane Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Management, Master Insure, Sidewalk
  • HOAAssociationFee1Year: 2760.00

Lot Info

  • Deed Page: 95.00
  • Lot Water Features: None
  • Plat Book: 10R
  • Plat Page: 977
  • Zoning: X

Tax Info

  • Tax Identifier: 63761564652500b
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 833.35

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
Sep 9, 2022
Closed on
Oct 3, 2022
Sold by
Johnson Jennifer S and Johnson James M
Bought by
Web Properties Inc
Seller's Agent
Denny Shrock
Keller Williams Crystal Coast
Buyer's Agent
Bailey Basnight Real Estate
Bluewater Real Estate AB
List Price
$199,000
Sold Price
$190,000
Premium/Discount to List
-$9,000
-4.52%
Views
27
Current Estimated Value
$248,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,136
Avg. Annual Appreciation
9.12%

Purchase Details

Listed on
Mar 31, 2015
Closed on
Jun 12, 2015
Sold by
Riley David E and Riley John D
Bought by
Smith Jennifer S
Seller's Agent
Meredith & Matt Team Johnson
RE/MAX Ocean Properties
Buyer's Agent
Alton Best
RE/MAX Ocean Properties
List Price
$119,000
Sold Price
$112,000
Premium/Discount to List
-$7,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$112,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 9, 2009
Sold by
Riley David E and Rilley Beverly C
Bought by
Riley Betty A

Purchase Details

Closed on
Jul 12, 2007
Sold by
Mcbride Donald J
Bought by
Riley David E and Riley Betty A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 16, 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
Web Properties Inc $190,000 --
Smith Jennifer S $112,000 Attorney
Riley Betty A -- None Available
Riley David E $158,000 None Available
-- $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Jennifer S $112,000
Previous Owner Riley David E $107,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2022 10/07/22 Sold $190,000 -4.5% $132 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/09/2022 09/09/22 For Sale $199,000 +77.7% $139 / Sq Ft
06/23/2015 06/23/15 Sold $112,000 -5.9% $79 / Sq Ft View Prior Sale
04/01/2015 04/01/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $119,000 -- $84 / 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 $1,413 $231,669 $0 $231,669
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: 100348615

Hive MLS

APN: 6376.15.64.652500B