NOT LISTED FOR SALE

503 W Atlantic Blvd Atlantic Beach, NC 28512

Estimated Value: $852,000 - $1,240,604

3 Beds
3 Baths
1,027 Sq Ft
$1,094/Sq Ft Est. Value

Last Sold November 01, 2018

Last sale price $250,000 $243 Per Sq Ft

Est. 349% increase in value since last sale

Current estimated payment $6,235/month

266 Days on Market

Highlights

  • Ocean View
  • Second Kitchen
  • Deck
  • Morehead City Primary School Rated A-
  • Ocean Side of Freeway
  • Bonus Room

About This Home

As of November 2018

Second Row Ocean View! Just one lot from the public ocean access! Income producing property! This fabulous cottage is the perfect investment property or second home. Upstairs has 1027 sq ft, full kitchen, 2 main level bedrooms, 2 baths, an upper bonus/sleeping room, central heat & a/c & a large ocean view deck. Lower apartment has 960 heated sq ft with full kitchen, living room, 1 BR plus2 bonus/sleeping rooms, & one bath. Both units have annual tenants. Total monthly combined income is 1800.00.

Last Agent to Sell the Property

Betty Dunn

Bluewater Real Estate AB License #74770 Listed on: 01/17/2018

Last Buyer's Agent

Betty Dunn

The Star Team

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,286

Year Built

  • Built in 1975

Lot Details

  • 4,051 Sq Ft Lot
  • Lot Dimensions are 40 x 101
  • Property is zoned RSD

Home Design

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

Interior Spaces

  • 1,027 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Bonus Room
  • Ocean Views

Kitchen

  • Second Kitchen
  • Stove

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bedroom Suite
  • 3 Full Bathrooms

Parking

  • Dirt Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Ocean Side of Freeway
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6375.16.72.7816000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,286

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Block, Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor Unit, 2nd Floor Unit
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Tile, Vinyl
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Apt/Suite, 2nd Kitchen
  • List Price per Sq Ft: 306.72
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Number Rooms: 10
  • Bedroom 1 Level: Ground
  • Bedroom 2 Level: Ground
  • Bedroom 3 Level: Third
  • Bonus Room Level: Ground
  • Dining Room Level: Second
  • Kitchen Level: Ground
  • Living Room Level: Ground
  • Sq Ft Heated: 1027.00
  • Total Heated Primary Separate Sq Ft: 1027.00

Exterior Features

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

Garage/Parking

  • Parking Driveway: Dirt, Off Street, Paved

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

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

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 61.00
  • Lot Acres: 0.09
  • Lot Dimensions: 40 x 101
  • Lot Sq Ft: 4051.00
  • Lot Water Features: Ocean Side, Second Row
  • Zoning: RSD
  • Lot View Type: Ocean View, Water View

Tax Info

  • Tax Identifier: 6375.16.72.7816000
  • Tax Year: 2017
  • Total City Real Estate Property Tax: 441.63
  • Total Real Estate Property Taxes: 1286.36

MLS Schools

  • Elementary School #2: Morehead City Primary
  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2018
Closed on
Nov 1, 2018
Sold by
Marks James T and Marks Mary V
Bought by
Overton Homes Llc
Seller's Agent
Betty Dunn
Bluewater Real Estate AB
Buyer's Agent
Betty Dunn
The Star Team
List Price
$335,000
Sold Price
$250,000
Premium/Discount to List
-$85,000
-25.37%
Current Estimated Value
$1,123,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$873,401
Avg. Annual Appreciation
24.21%
Original Mortgage
$187,500
Outstanding Balance
$164,191
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$959,210
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
Overton Homes Llc $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Overton Homes Llc $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/01/2018 11/01/18 Sold $250,000 -25.4% $243 / Sq Ft
10/10/2018 10/10/18 Pending -- -- --
01/17/2018 01/17/18 For Sale $335,000 -- $326 / 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 $3,351 $1,445,641 $461,000 $984,641
2024 $1,974 $551,783 $155,700 $396,083
2023 $1,891 $551,783 $155,700 $396,083
2022 $1,836 $551,783 $155,700 $396,083
2021 $1,836 $551,783 $155,700 $396,083
2020 $1,179 $352,867 $155,700 $197,167
2019 $486 $151,963 $151,963 $0
2017 $845 $267,656 $151,963 $115,693
2016 $845 $267,656 $151,963 $115,693
2015 $818 $267,656 $151,963 $115,693
2014 $1,170 $385,020 $276,080 $108,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100096485

Hive MLS

APN: 6375.16.72.7816000