NOT LISTED FOR SALE

425 Commerce Ave Unit A Morehead City, NC 28557

Morehead City Area

Estimated Value: $232,000 - $253,631

2 Beds
2 Baths
1,468 Sq Ft
1998 Built

Sale Details

Date Sold: July 14, 2023

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

Est. 8% increase in value since last sale

Current estimated payment $1,465 / mo

2 Days on Market

Highlights

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

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

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

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

Kitchen

  • Electric Oven
  • 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

Home Security

Parking

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Water Softener

Additional Features

  • Energy-Efficient Doors
  • Covered Patio or Porch
  • Property fronts a state road

Listing and Financial Details

  • Assessor Parcel Number 63761564389200a

Community Details

Overview

  • Property has a Home Owners Association
  • 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 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Secondary Subdivision: N/A
  • Year Built: 1998
  • Property Sub Type: Condominium
  • Appliances: Electric Oven, Built-In Microwave, Water Softener, Refrigerator, Dishwasher
  • Original List Price: 215000.00
  • Unit Levels: One
  • Living Area: 1468.00
  • Is New Construction?: No
  • Type Type: 2 Bedroom
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks And Showing Info Recording Device Y N: Yes
  • Remarks Written By Agent Y N: Yes
  • List Price Per Sqft: 146.46
  • Special Features: None

Interior Features

  • Basement: None
  • Dining Room Type: Formal, Kitchen
  • Flooring: LVT/LVP, Tile
  • Interior Amenities: Master Downstairs, Walk-in Closet(s), Whirlpool, Ceiling Fan(s), Pantry, Walk-in Shower, Blinds/Shades, Walk-In Closet(s)
  • Master Bedroom Level: Primary Living Area
  • Stories: 1
  • Furnished: Unfurnished
  • Laundry Features: Dryer Hookup, Washer Hookup, Laundry Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Thermal Doors, Storm Door(s)
  • Total Bedrooms: 5
  • Room Types: Dining Room, Dining Area
  • Window Features: Thermal Windows
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 2.00
  • Attic Features: None
  • Living Area Range: 1400 - 1599

Exterior Features

  • Exterior Features: Shutters - Board/Hurricane, Storm Doors, Thermal Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Roof: Shingle
  • Road Frontage Type: Maintained, City Street, State Road, Paved
  • Road Surface Type: Paved
  • Waterfront?: No
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Has Attached Garage?: No
  • Parking Features: Parking Lot, Additional Parking, Concrete, Assigned, Lighted, On Site

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Trash Collection: Other
  • Water Source: Public
  • Security Features: Smoke Detector(s)
  • Cooling: Heat Pump
  • Heating: Heat Pump, Fireplace(s), Electric
  • Heating Yn: Yes
  • Sewer Provider: Municipal Sewer, City of Morehead City
  • Electric Provider: Duke Energy
  • Water Provider: City of Morehead City

Condo/Co-op/Association

  • Association Amenities: Roof Maintenance, Maintenance Common Areas, Maintenance Grounds, Maintenance Structure, Management, Master Insure, Pest Control, RV/Boat Storage, Street Lights, Trash
  • Association Fees: 3120.00
  • Association Name: Bridgewood HOA
  • Association Phone#: 252-240-2254
  • Has H O A?: Yes

Lot Info

  • Deed Book: 1550
  • Deed Page: 422.00
  • Zoning: PUD
  • Lot Size: 0
  • Purchase Contract Date: 2023-06-16
  • Parcel#: 63761564389200a
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: No
  • Permitted Use: Public

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Book Number: 10R
  • Tax Map Number: 803
  • Tax Other Assessment Amount Frequency: None at time of listing
  • Tax Amount: 1228.71

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Bought by
Current Estimated Value
$247,908

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
Interest Rate
0.0635%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2023
Closed on
Jun 27, 2023
Sold by
Bought by
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
2.59%
Original Mortgage
$159,500
Interest Rate
0.0679%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 10, 2016
Closed on
Jul 26, 2016
Sold by
Bought by
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
0.0342%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2001
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$229,500 None Listed On Document
$117,000 Attorney
$101,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $168,500
Previous Owner $159,500
Previous Owner $130,000
Previous Owner $113,490
Previous Owner $25,000
Previous Owner $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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