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For sale
    • $279,000

    404 Penny Lane #D, Morehead City, NC 28557

    3beds
    1,600sqft
    : 
    $2,052/mo
    Get pre-qualified
    Condominium
    Built in 2004
    -- sqft lot
    $269,600 Zestimate®
    $174/sqft
    $430/mo HOA

    What's special

    This spacious 3-bedroom, 2-bath first-floor end-unit condo offers comfort and convenience in an ideal setting, now featuring a freshly painted interior for a bright, move-in-ready feel. The open living area showcases durable LVP flooring and a cozy gas fireplace, creating a warm and inviting space to relax or entertain. The kitchen is beautifully appointed with quartz countertops, providing both style and functionality. Enjoy your morning coffee or unwind in the evening on the screened porch, perfect for taking in the fresh air year-round. Ideally located just minutes from beaches, shopping, schools, and a variety of dining options, this home combines low-maintenance living with easy access to everything you need. (Professional photos are being taken after the painting is complete.)
    96 days
    |
    511
    |
    19
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    The Selling Team/Llew&Elaine 252-646-6758,

    Realty World First Coast Rlty

    Source: Hive MLS,MLS#: 100570222MLS LogoOriginating MLS: Carteret County Association of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Living Room, Master Bedroom, Bedroom 1, Bedroom 2
      Primary bedroom
      • Level: First
      Bedroom 1
      • Level: First
      Bedroom 2
      • Level: First
      Kitchen
      • Level: First
      Living room
      • Level: First
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Built-In Microwave, Washer, Refrigerator, Range, Dryer, Dishwasher
      • Laundry: Dryer Hookup, Washer Hookup, Laundry Room
      Features
      • Solid Surface, Ceiling Fan(s), Pantry, Blinds/Shades
      • Flooring: LVT/LVP
      • Basement: None
      Interior area
      • Total structure area: 1,600
      • Total interior livable area: 1,600 sqft

      Property

      Parking
      • Parking features: Parking Lot, On Site, Paved
      Features
      • Levels: One
      • Patio & porch: Covered, Patio, Screened
      • Fencing: None
      • Has view: Yes
      • View description: Pond
      • Has water view: Yes
      • Water view: Pond
      • Frontage type: See Remarks
      Details
      • Parcel number: 63761434902700d
      • Zoning: RMF
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Brick Veneer, Vinyl Siding, Wood Frame
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2004

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Madisen Park
      HOA
      • Has HOA: Yes
      • Amenities included: Roof Maintenance, Elevator(s), Maintenance Common Areas, Maintenance Structure, Master Insure
      • HOA fee: $5,160 annually
      • HOA name: Madison Court Assoc
      • HOA phone: 252-342-2204
      Location
      • Region: Morehead City

      Financial & listing details

      • Price per square foot: $174/sqft
      • Tax assessed value: $252,784
      • Annual tax amount: $1,532
      • Date on market: 5/1/2026
      • Cumulative days on market: 97 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,VA Loan

        Estimated market value

        $269,600

        $256,000 - $283,000

        $1,878/mo

        Price history

        DateEventPrice
        5/1/2026Listed for sale$279,000+226.3%$174/sqft
        Source: Hive MLS #100570222 Report a problem
        11/1/2023Listing removed--
        Source: Hive MLS #100386084 Report a problem
        5/24/2023Listed for rent$2,200$1/sqft
        Source: Hive MLS #100386084 Report a problem
        8/1/2013Sold$85,500$53/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,533 +78.8%$252,784 +149.8%
        2024$857 +138.7%$101,200
        2023$359 +2.9%$101,200
        2022$349 $101,200
        2021$349 $101,200
        2020-- $101,200 +18.4%
        2019$280 $85,500
        2017$280 $85,500
        2016$280 $85,500
        2015$280 +3.1%$85,500 -41.8%
        2014$272 $147,000
        2013-- $147,000
        2012-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 28557

        Getting around

        32 / 100
        Car-Dependent
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Morehead City Primary
        • Middle: Morehead City
        • High: West Carteret

        Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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