NOT LISTED FOR SALE

501 Bridges St Morehead City, NC 28557

Estimated Value: $523,000 - $672,000

4 Beds
4 Baths
2,280 Sq Ft
$255/Sq Ft Est. Value

Last Sold January 06, 2023

Last sale price $449,000 $197 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,291/month

3 Days on Market

Highlights

  • Water Views
  • Corner Lot
  • Covered Patio or Porch
  • Morehead City Primary School Rated A-
  • No HOA
  • 4-minute walk to Kathryn Davis Park

About This Home

As of January 2023

Income producing property on downtown Morehead corner lot! Charming older home currently zoned OP with multiple rental units.Fully rented with property manager. One 2/2 unit; one 1/1 unit ; 1 efficiency unit in main house. Garage apartment is 2/1. Metal roof/membrane on home, newer flooring in most units. Detached double garage for storage. All city services including natural gas. 2022 appraisal on file.See documents for floor plans and financial details.

Last Agent to Sell the Property

Alan Leary

RE/MAX Ocean Properties License #125734 Listed on: 10/15/2022

RE/MAX Ocean Properties

Last Buyer's Agent

Meredith & Matt Team Johnson

RE/MAX Ocean Properties License #210529

RE/MAX Ocean Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,447

Year Built

  • Built in 1930

Lot Details

  • 2,280 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Corner Lot
  • Level Lot
  • Property is zoned OP

Home Design

  • Wood Frame Construction
  • Membrane Roofing
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,280 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Combination Dining and Living Room
  • Laminate Flooring
  • Water Views
  • Crawl Space
  • Attic Access Panel
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15 B 6
  • Assessor Parcel Number 638620814533000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,447

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1930
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Laminate
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: Ceiling Fan(s)
  • List Price per Sq Ft: 159.76
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Sq Ft Heated: 2280.00
  • Sq Ft Heated Separate: 593.00
  • Total Heated Primary Separate Sq Ft: 2873.00
  • Furnished: Unfurnished

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Balcony, Covered, Porch
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Roof: Membrane, Metal
  • Waterfront: No
  • Waterview: Yes

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Concrete, Off Street

Utilities

  • Appliances Equipment: Refrigerator, See Remarks, Stove/Oven - Electric
  • Cooling System: Wall/Window Unit(s)
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air, Other-See Remarks
  • 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: Natural Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Condo/Co-op/Association

  • Unit Type: 4+ Bedroom

Lot Info

  • Deed Book: 774
  • Deed Page: 909.00
  • Lot Acres: 0.11
  • Lot Description: Corner Lot, Level
  • Lot Dimensions: 50 x 100
  • Lot Number: 15 B 6
  • Lot Sq Ft: 2280.00
  • Zoning: OP

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 638620814533000
  • Tax Year: 2022
  • Total City Real Estate Property Tax: 766.27
  • Total Real Estate Property Taxes: 1446.71

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
Oct 15, 2022
Closed on
Jan 4, 2023
Sold by
Harold N Craige Revocable Trust
Bought by
Five Bridges Llc
Seller's Agent
Alan Leary
RE/MAX Ocean Properties
Buyer's Agent
Meredith & Matt Team Johnson
RE/MAX Ocean Properties
List Price
$459,000
Sold Price
$449,000
Premium/Discount to List
-$10,000
-2.18%
Views
32
Current Estimated Value
$580,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,406
Avg. Annual Appreciation
9.57%
Original Mortgage
$536,000
Outstanding Balance
$519,362
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$61,044

Purchase Details

Closed on
Aug 30, 2022
Sold by
Harold N Craige Trust
Bought by
Harold N Craige Family Trust
Source: Public Records

Range of Values:

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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
Five Bridges Llc $449,000 --
Five Bridges Llc $449,000 None Listed On Document
Harold N Craige Family Trust $71,600 --
Harold N Craige Family Trust $71,600 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Five Bridges Llc $536,000
Closed Five Bridges Llc $536,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2023 01/06/23 Sold $449,000 -2.2% $197 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $459,000 -- $201 / 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 $3,034 $517,283 $134,285 $382,998
2024 $1,610 $201,649 $76,875 $124,774
2023 $701 $201,649 $76,875 $124,774
2022 $680 $201,649 $76,875 $124,774
2021 $680 $201,649 $76,875 $124,774
2020 $680 $201,649 $76,875 $124,774
2019 $655 $206,435 $67,137 $139,298
2017 $655 $206,435 $67,137 $139,298
2016 $655 $206,435 $67,137 $139,298
2015 $634 $206,435 $67,137 $139,298
2014 -- $198,546 $88,877 $109,669
Source: Public Records

Agents Affiliated with this Home

  • Alan Leary

    Seller's Agent in 2023

    Alan Leary

    RE/MAX

    (252) 241-0922

    74 in this area

    161 Total Sales

    Alan Leary
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Map

Source: Hive MLS

MLS Number: 100353892

Hive MLS

APN: 6386.20.81.4533000

North Carolina Carteret County Morehead City 28557

501 Bridges St, Morehead City, NC

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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