412 Commerce Ave
Morehead City, NC 28557
2 bd 2 ba 1,436 sqft Built 2001 condos
Most recent sale
$190,000
Oct 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 7, 2022 | Sold | $190,000 | MLS #100348615 |
| Sep 9, 2022 | Listed | $199,000 | MLS #100348615 |
| Jan 31, 2017 | Listing removed | $99,500 | NCRCarteret |
| Jun 23, 2015 | Sold | $112,000 | MLS #11501593 |
| Mar 31, 2015 | Listed | $119,000 | MLS #11501593 |
| Feb 7, 2012 | Listing removed | $99,500 | NCRCarteret |
| Jul 12, 2007 | Sold | $158,000 | Public Record |
| Feb 16, 2001 | Listed | $99,500 | MLS #04-67097 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $231,669 | — | $231,669 | $1,412 |
| 2024 | $231,669 | — | $231,669 | $962 |
| 2023 | $115,260 | — | $115,260 | $406 |
| 2022 | $115,260 | — | $115,260 | $395 |
| 2021 | $115,260 | — | $115,260 | $395 |
| 2020 | $115,260 | — | $115,260 | $395 |
| 2019 | $107,500 | — | $107,500 | $348 |
| 2018 | $107,500 | — | $107,500 | $348 |
| 2017 | $107,500 | — | $107,500 | $348 |
| 2016 | $107,500 | — | $107,500 | $348 |
| 2015 | $107,500 | — | $107,500 | $338 |
Property facts
Year built
2001
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,436 sqft
Lot size
—
ZIP code
28557
City
Morehead City
Street
Commerce Ave
Coordinates
34.73084, -76.74742
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,939
Gross rental yield
12.25%
Implied cap rate
7.96%
Trend-extrapolated value
—
Frequently asked questions
When did 412 Commerce Ave last sell?
412 Commerce Ave most recently sold on Oct 7, 2022 for $190,000.
What is the current tax assessment for 412 Commerce Ave?
The most recent total assessment for 412 Commerce Ave (year 2025) is $231,669 with $1,412 in property tax.
How does 412 Commerce Ave's assessment compare to its last sale price?
The current assessment is 21.9% above the last sale price of $190,000.
When was 412 Commerce Ave built?
412 Commerce Ave was built in 2001.
How does 412 Commerce Ave compare to others on Commerce Ave?
We track 8 other properties on Commerce Ave. Browse the list under "Other properties on Commerce Ave" to compare beds, baths, and sale history.
What are the property facts for 412 Commerce Ave?
412 Commerce Ave is a 2 bed, 2 bath, 1,436 sqft condos.
Is 412 Commerce Ave a flip candidate?
No — 412 Commerce Ave does not appear in our flips dataset.
Is 412 Commerce Ave a tax-appeal candidate?
Yes — 412 Commerce Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.5%
Implied 1-yr
+30.1%
2026 Q3
$889.3K
2026 Q4
$934.3K
ZIP 28557 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Commerce Ave