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Off market
  • $222,100

    402 Penny Lane #I, Morehead City, NC 28557

    2beds
    1,266sqft
    Condominium
    Built in 1999
    -- sqft lot
    $222,100 Zestimate®
    $175/sqft
    $1,599 Estimated rent

    Home value

    $222,100

    $209,000 - $238,000

    $1,599/mo

    Zestimate® history
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    What's special

    Building elevatorClose proximity to beachesNine-foot ceilingsWalk-in showerMaster suiteLarge jet tubCovered balcony

    Prime location in Morehead City makes this third floor, 2 bedroom/2 bath, condo a winner! A great floor plan featuring nine-foot ceilings and lots of natural light give this unit a nice open feeling. The living room has a sliding glass door that opens out to a covered balcony that is almost like another room. The kitchen has granite countertops and lovely wood cabinetry. The master suite has a large jet tub, walk-in shower, double vanity, and walk-in closet. The building elevator makes third floor living a breeze. Close proximity to beaches, shopping, restaurants, marinas, schools and medical facilities completes this package for convenient coastal living. Schedule a showing today!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Bradberry Garner Real Estate 252-515-0552,

    Keller Williams Crystal Coast

    Bought with:

    Alan T Leary, 125734

    RE/MAX Ocean Properties

    Source: Hive MLS,MLS#: 100384965MLS LogoOriginating MLS: Carteret County Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Level: Primary Living Area
    Dining room
    • Features: Combination
    Heating
    • Forced Air, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher
    • Laundry: Laundry Closet
    Features
    • Walk-in Closet(s), High Ceilings, Ceiling Fan(s), Pantry, Walk-in Shower, Blinds/Shades, Walk-In Closet(s)
    • Flooring: Laminate, Tile, Vinyl
    • Doors: Thermal Doors
    • Windows: Thermal Windows
    • Basement: None
    • Attic: None
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: End Unit
    Interior area
    • Total structure area: 1,266
    • Total interior livable area: 1,266 sqft

    Property

    Parking
    • Parking features: Shared Driveway, None, Lighted, On Site, Paved
    Accessibility
    • Accessibility features: Accessible Entrance
    Features
    • Stories: 1
    • Entry location: 3rd Floor Unit
    • Patio & porch: Covered, Balcony
    • Exterior features: Thermal Doors
    • Pool features: None
    • Fencing: None
    • Has view: Yes
    • View description: Pond
    • Has water view: Yes
    • Water view: Pond
    Details
    • Parcel number: 63761434813900i
    • Zoning: RMF
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Brick Veneer, Vinyl Siding
    • Foundation: Slab
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1999

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Security: Security Lights
    • Subdivision: Madisen Park
    HOA
    • Has HOA: Yes
    • Amenities included: Roof Maintenance, Maintenance Common Areas, Maintenance Grounds, Maintenance Structure, Management, Master Insure, Street Lights, Trash
    • HOA fee: $4,800 monthly
    • HOA name: Madisen Court Condominiums
    • HOA phone: 252-723-8255
    Location
    • Region: Morehead City

    Financial & listing details

    • Price per square foot: $175/sqft
    • Tax assessed value: $95,700
    • Annual tax amount: $1,302
    • Date on market: 10/8/2025
    • Cumulative days on market: 9 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA
    • Lease term: 12 Months

    Price history

    DateEventPrice
    7/27/2023Sold$215,000+7.6%$170/sqft
    Source: Hive MLS #100384965 Report a problem
    6/22/2023Pending sale$199,900$158/sqft
    Source: Hive MLS #100384965 Report a problem
    6/20/2023Listed for sale$199,900$158/sqft
    Source: Hive MLS #100384965 Report a problem
    5/24/2023Pending sale$199,900$158/sqft
    Source: Hive MLS #100384965 Report a problem
    5/24/2023Listed for sale$199,900+47%$158/sqft
    Source: Hive MLS #100384965 Report a problem
    7/17/2020Sold$136,000-6.2%$107/sqft
    Source: Hive MLS #100207591 Report a problem
    4/29/2020Pending sale$145,000$115/sqft
    Source: Gull Isle Realty #100207591 Report a problem
    3/5/2020Listed for sale$145,000+16%$115/sqft
    Source: Gull Isle Realty #100207591 Report a problem
    10/3/2018Listing removed$125,000$99/sqft
    Source: Gull Isle Realty #100130773 Report a problem
    8/17/2018Listed for sale$125,000$99/sqft
    Source: Gull Isle Realty #100130773 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,302 +59.6%$212,078 +121.6%
    2024$816 +139.7%$95,700
    2023$340 +2.9%$95,700
    2022$331 $95,700
    2021$331 $95,700
    2020-- $95,700 +27.6%
    2019$248 $75,000
    2017$248 $75,000
    2016$248 $75,000
    2015$248 +3.1%$75,000 -28.6%
    2014$240 $105,000
    2013-- $105,000
    2012-- --
    Find assessor info on the county website

    Neighborhood: 28557

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $222,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $222,100