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119 Lake Ave

Morehead City, NC 28557

2 bd 2 ba 1,164 sqft Built 1980 condos
Most recent sale
$382,500
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2022 Sold $382,500 MLS #100322546
May 13, 2022 Price changed $399,000 MLS #100322546
May 6, 2022 Relisted $450,000 MLS #100322546
Apr 28, 2022 Listed $450,000 MLS #100322546
May 28, 2020 Sold $230,000 MLS #100209443
Mar 16, 2020 Listed $234,900 MLS #100209443

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $346,538 $346,538 $2,064
2024 $346,538 $346,538 $1,653
2023 $207,360 $207,360 $720
2022 $207,360 $207,360 $699
2021 $207,360 $207,360 $699
2020 $207,360 $207,360 $699
2019 $180,000 $180,000 $573
2018 $180,000 $180,000 $573
2017 $180,000 $180,000 $573
2016 $180,000 $180,000 $573
2015 $180,000 $180,000 $555

Property facts

Year built
1980
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,164 sqft
Lot size
ZIP code
28557
City
Morehead City
Street
Lake Ave
Coordinates
34.72920, -76.77982

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,571
Gross rental yield
4.93%
Implied cap rate
3.20%
Trend-extrapolated value

Frequently asked questions

When did 119 Lake Ave last sell?
119 Lake Ave most recently sold on Jul 1, 2022 for $382,500.
What is the current tax assessment for 119 Lake Ave?
The most recent total assessment for 119 Lake Ave (year 2025) is $346,538 with $2,064 in property tax.
How does 119 Lake Ave's assessment compare to its last sale price?
The current assessment is 9.4% below the last sale price of $382,500.
When was 119 Lake Ave built?
119 Lake Ave was built in 1980.
How does 119 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 119 Lake Ave?
119 Lake Ave is a 2 bed, 2 bath, 1,164 sqft condos.
Is 119 Lake Ave a flip candidate?
No — 119 Lake Ave does not appear in our flips dataset.
Is 119 Lake Ave a tax-appeal candidate?
No — 119 Lake Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+7.5%
Implied 1-yr
+30.1%
2026 Q3
$889.3K
2026 Q4
$934.3K
ZIP 28557 — Median Price History + Forecast

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