NOT LISTED FOR SALE

425 Commerce Ave Unit A Morehead City, NC 28557

Estimated Value: $246,473 - $257,000

2 Beds
2 Baths
1,468 Sq Ft
$260/mo HOA Fee

Last Sold July 14, 2023

Last sale price $229,500 $156 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,706/month

2 Days on Market

Highlights

  • RV or Boat Storage in Community
  • Whirlpool Bathtub
  • Covered Patio or Porch
  • Morehead City Primary School Rated A-
  • 1 Fireplace
  • Formal Dining Room

About This Home

As of July 2023

CONVENIENCE - LOCATION - AFFORDABILITY! What could be better than living in the heart of Morehead City, only 3 miles from the Crystal Coast beaches, without paying the ''beach price'' for your home? This property affords quick access to many events/festivals, restaurants, the hospital, medical facilities, marinas, boat ramps, fishing piers, recreational facilities, retail stores, golf courses, and many coastal attractions! This spacious 2-bedroom, 2-bathroom condo is found conveniently on the ground floor of Bridgewood Condominiums. You can reach Downtown Morehead City, Atlantic Beach, and Historic Beaufort waterfront within minutes of this address. Across the threshold, nice touches embrace you with LVP flooring in the foyer, primary bedroom and living spaces, an open floor plan, a living room with an electric fireplace, a formal dining area and a large kitchen. With ample room for food prep, the kitchen has plenty of cabinets, stainless steel appliances, tile floors, a pantry, and an attractive U-shaped layout. All appliances, water softener, and hurricane shutters convey. Appreciate the sizable laundry room, where you can also store household items and a 50-gallon water heater, so no showers run cold! The primary bedroom suite is a hideaway of tranquility with a bright and sunny private bath, walk-in shower, separate jetted tub and double vanity. You will also find ample space for your wardrobe to breathe in the walk-in closet. The 2nd bedroom is quite spacious, and it has LVT flooring and a walk-in closet. This unit offers a covered private porch, essentially an outdoor extension of the living space. Find plenty of storage throughout the home, two large outside storage closets and an extra closet on the porch for all your storage needs. This low-maintenance property can make a great primary home, vacation, or profitable investment. This home is a blank canvas for your lifestyle and new memories! These units rarely hit the market. BE FIRST IN LINE, OR BE SORRY!

Last Agent to Sell the Property

Sylvia Rola

Hitchcock Realty & Associates, LLC License #299668 Listed on: 06/14/2023

Co-Listed By

Margaret Hitchcock

Hitchcock Realty & Associates, LLC License #243602

Last Buyer's Agent

Kelinda & Linda Rike

Linda Rike Real Estate License #280656/108865

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,229

Year Built

  • Built in 1998

Lot Details

  • 828

HOA Fees

  • $260 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,468 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Blinds
  • Formal Dining Room
  • Pest Guard System

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Lighted Parking
  • Driveway
  • Additional Parking
  • On-Site Parking
  • Parking Lot
  • Assigned Parking

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Water Softener

Additional Features

  • Energy-Efficient Doors
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 63761564389200a

Community Details

Overview

  • Roof Maintained by HOA
  • Master Insurance
  • Bridgewood HOA, Phone Number (252) 240-2254
  • Bridgewood Condo Subdivision
  • Maintained Community

Recreation

  • RV or Boat Storage in Community

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Hurricane or Storm Shutters
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,229

Year Built

Built in 1998

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Property Type: A
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, One
  • Year Built: 1998
  • Trash Collection: Other
  • Horses Y N: No
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Basement: None
  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Flooring: LVT/LVP, Tile
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling Fan(s), Pantry, Smoke Detectors, Walk-in Shower, Walk-In Closet, Whirlpool
  • Laundry Location: Hookup - Dryer, Hookup - Washer, Room
  • List Price per Sq Ft: 146.46
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Sq Ft Heated: 1468.00
  • Total Heated Primary Separate Sq Ft: 1468.00

Exterior Features

  • Exterior Features: Shutters - Board/Hurricane, Storm Doors, Thermal Doors, Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Other See Remarks: 1 Assigned Space
  • Parking Driveway: Additional Parking, Assigned, Concrete, Lighted, On Site, Parking Lot

Utilities

  • Appliances Equipment: Dishwasher, Microwave - Built-In, Refrigerator, Stove/Oven - Electric, Water Softener
  • Cooling System: Heat Pump
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Fireplace(s), Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City of Morehead City
  • 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, Management, Master Insure, Pest Control, Roof, RV/Boat Storage, Street Lights, Trash
  • HOAAssociationFee1Year: 3120.00
  • HOAAssociationName: Bridgewood HOA
  • HOAAssociationPhone: 2522402254

Lot Info

  • Deed Page: 422.00
  • Plat Book: 10R
  • Plat Page: 803
  • Special Assessments: None at time of listing
  • Zoning: PUD

Tax Info

  • Tax Identifier: 63761564389200a
  • Tax Year: 2022
  • Total City Real Estate Property Tax: 395.36
  • Total Real Estate Property Taxes: 1228.71

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

Closed on
Oct 10, 2024
Sold by
Schaffer Linda J and Achtenberg William R
Bought by
Achtenberg William and Achtenberg Linda
Current Estimated Value
$253,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,500
Outstanding Balance
$166,729
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$86,389

Purchase Details

Listed on
Jun 14, 2023
Closed on
Jun 27, 2023
Sold by
Mountford Linnette J
Bought by
Achtenberg William R and Schaffer Linda J
Seller's Agent
Sylvia Rola
Hitchcock Realty & Associates, LLC
Buyer's Agent
Kelinda & Linda Rike
Linda Rike Real Estate
List Price
$215,000
Sold Price
$229,500
Premium/Discount to List
$14,500
6.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$159,500
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2016
Closed on
Jul 26, 2016
Sold by
Venters Jane
Bought by
Mountford Linnette J
Seller's Agent
Alan Leary
RE/MAX Ocean Properties
Buyer's Agent
Basnight Garner Real Estate
Keller Williams Crystal Coast
List Price
$119,900
Sold Price
$117,000
Premium/Discount to List
-$2,900
-2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Original Mortgage
$113,490
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2001
Source: Public Records

Range of Values:

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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
Achtenberg William -- None Listed On Document
Achtenberg William -- None Listed On Document
Achtenberg William R $229,500 None Listed On Document
Mountford Linnette J $117,000 Attorney
-- $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Achtenberg William $168,500
Closed Achtenberg William $168,500
Previous Owner Achtenberg William R $159,500
Previous Owner Mountford Linnette J $113,490
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2023 07/14/23 Sold $229,500 +6.7% $156 / Sq Ft
06/16/2023 06/16/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $215,000 +83.8% $146 / Sq Ft
08/12/2016 08/12/16 Sold $117,000 -2.4% $81 / Sq Ft View Prior Sale
06/24/2016 06/24/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $119,900 -- $83 / 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 $231,703 $0 $231,703
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: 100389638

Hive MLS

APN: 6376.15.64.389200A