NOT LISTED FOR SALE

505 Atlantic Beach Causeway Atlantic Beach, NC 28512

Estimated Value: $1,462,182

-- Bed
2 Baths
4,219 Sq Ft
$347/Sq Ft Est. Value

Last Sold December 18, 2017

Last sale price $650,000 $154 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $7,762/month

277 Days on Market

Highlights

  • Boat Dock
  • Boat Slip
  • 0.34 Acre Lot
  • Morehead City Primary School Rated A-
  • Deep Water Access
  • Wood Flooring

About This Home

As of December 2017

This unique property was formerly a very popular waterfront restaurant. It is approximately 4,219 square feet on .34 acres of land which include 2 decks - attached and detached. Floating docks & 7 boat slips are included in the purchase. Direct access to ICW and ocean. Offering is Real Estate only. Recent discussions with AB planning indicate a Quadraplex building may also be suitable. Buyer should verify.

Last Agent to Sell the Property

Angie O'Bey

Realty World First Coast Salter Path Listed on: 01/04/2017

Co-Listed By

A Non Member

A Non Member

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $23

Year Built

  • Built in 1958

Lot Details

  • 0.34 Acre Lot
  • Property is zoned GB

Parking

  • On-Site Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 4,219 Sq Ft Home
  • Wood Flooring

Outdoor Features

  • Deep Water Access
  • Bulkhead
  • Boat Slip

Utilities

  • Forced Air Heating and Cooling System
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 6375.12.95.6921000

Community Details

Overview

  • No Home Owners Association
  • Sound View Isles Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Other

Est. Annual Taxes

$23

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: G
  • Sub Type: Improved
  • Sub Type2: Food Service
  • Cobra Zone: No
  • Construction: Concrete, Wood Frame
  • New Construction: No
  • Year Built: 1958
  • Definition: RE W/O Business
  • Space: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Wood
  • List Price per Sq Ft: 213.32
  • Sq Ft Heated: 4219.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Foundation: Slab
  • Road Type Frontage: 4+ Lanes, Interstate in 5 Miles, Paved, Public (City/Cty/St)
  • Roof: Membrane

Garage/Parking

  • Parking Driveway: On Site
  • Garage: No

Utilities

  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Heating System: Forced Air
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: City/Town
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA: No

Lot Info

  • Deed Book: 1192
  • Deed Page: 199.00
  • Lot Acres: 0.34
  • Lot Description: See Others
  • Lot Dimensions: 125 F, 125B, 120L, 120R
  • Lot Sq Ft: 14985.00
  • Lot Water Features: Boat Dock, Boat Slip, Bulkhead, Water Depth 4+
  • Plat Book: 4
  • Plat Page: 40
  • Zoning: GB
  • Flood Zone: Yes

Tax Info

  • Tax Identifier: 6375.12.95.6921000
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2023
Sold by
Rlf Properties Llc
Bought by
Atlantic Beach Watersports Llc
Total Days on Market
277
Current Estimated Value
$1,462,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Outstanding Balance
$1,142,315
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving
Estimated Equity
$330,579

Purchase Details

Closed on
Oct 20, 2021
Sold by
Triangle Enterprises Group Llc
Bought by
Rlf Properties Llc

Purchase Details

Listed on
Jan 4, 2017
Closed on
Dec 14, 2017
Sold by
Mccurdy Richard R and Mccurdy Denyse
Bought by
Trangle Enterprises Group Lcc
Seller's Agent
Angie O'Bey
Realty World First Coast Salter Path
Buyer's Agent
A Non Member
A Non Member
List Price
$1,200,000
Sold Price
$650,000
Premium/Discount to List
-$550,000
-45.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%
Original Mortgage
$520,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 2, 2006
Sold by
Loughry G Joseph and Loughry Donna J
Bought by
Mccurdy Richard R and Mccurdy Denyse

Purchase Details

Closed on
Oct 3, 2001
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Atlantic Beach Watersports Llc $1,450,000 None Listed On Document
Rlf Properties Llc $2,200 Lanier King & Paysour Pllc
Trangle Enterprises Group Lcc $620,000 None Available
Mccurdy Richard R $1,200,000 None Available
-- $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atlantic Beach Watersports Llc $1,160,000
Previous Owner Trangle Enterprises Group Lcc $520,000
Previous Owner Mccurdy Richard R $3,004,000
Previous Owner Mccurdy Richard R $573,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2017 12/18/17 Sold $650,000 -45.8% $154 / Sq Ft
10/08/2017 10/08/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $1,200,000 -- $284 / 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
2024 $23 $660,197 $362,500 $297,697
2023 $2,260 $660,197 $362,500 $297,697
2022 $2,194 $660,197 $362,500 $297,697
2021 $1,320 $660,197 $362,500 $297,697
2020 $2,194 $660,197 $362,500 $297,697
2019 $2,050 $656,437 $310,500 $345,937
2017 $2,050 $656,437 $310,500 $345,937
2016 $2,050 $656,437 $310,500 $345,937
2015 $1,984 $656,437 $310,500 $345,937
2014 -- $571,140 $295,000 $276,140
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Angie O'Bey

    Realty World First Coast Salter Path

  • A

    Seller Co-Listing Agent in 2017

    A Non Member

    A Non Member

See All Agents

Map

Source: Hive MLS

MLS Number: 100041905

Hive MLS

APN: 6375.12.95.6921000

North Carolina Carteret County Atlantic Beach 28512

505 Atlantic Beach Causeway, Atlantic Beach, NC

This home is located at 505 Atlantic Beach Causeway, Atlantic Beach, NC 28512 since 04 January 2017 and is currently estimated at $1,462,182, approximately $346 per square foot. This property was built in 1958. 505 Atlantic Beach Causeway is a home located in Carteret County with nearby schools including Morehead City Primary School, Morehead Elementary School at Camp Glenn, and Morehead City Middle School.

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