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1105 Palmer Way

Morehead City, NC 28557

3 bd 2 ba 2,390 sqft Built 2007 Lot 14,375 sqft single_family
Most recent sale
$393,999
Mar 31, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2023 Sold $393,999 NCRCarteret
Feb 19, 2023 Listed $393,999 NCRCarteret
Jan 6, 2023 Listing removed NCRCarteret
Dec 3, 2022 Price changed $405,000 NCRCarteret
Oct 21, 2022 Price changed $417,000 NCRCarteret
Sep 29, 2022 Listed $425,000 NCRCarteret
Oct 31, 2007 Sold $270,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $379,557 $76,728 $456,285 $2,687
2023 $221,924 $69,730 $291,654 $1,006
2022 $221,924 $69,730 $291,654 $977
2021 $221,924 $69,730 $291,654 $977
2020 $221,924 $69,730 $291,654 $977
2019 $202,269 $61,074 $263,343 $831
2018 $202,269 $61,074 $263,343 $831
2017 $202,269 $61,074 $263,343 $831
2016 $202,269 $61,074 $263,343 $831
2015 $202,269 $61,074 $263,343 $805

Property facts

Year built
2007
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,390 sqft
Lot size
14,375 sqft
ZIP code
28557
City
Morehead City
Street
Palmer Way
Coordinates
34.74149, -76.76235

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
$3,227
Gross rental yield
9.83%
Implied cap rate
6.39%
Trend-extrapolated value

Frequently asked questions

When did 1105 Palmer Way last sell?
1105 Palmer Way most recently sold on Mar 31, 2023 for $393,999.
What is the current tax assessment for 1105 Palmer Way?
The most recent total assessment for 1105 Palmer Way (year 2025) is $456,285 with $2,687 in property tax.
How does 1105 Palmer Way's assessment compare to its last sale price?
The current assessment is 15.8% above the last sale price of $393,999.
When was 1105 Palmer Way built?
1105 Palmer Way was built in 2007.
How does 1105 Palmer Way compare to others on Palmer Way?
We track 8 other properties on Palmer Way. Browse the list under "Other properties on Palmer Way" to compare beds, baths, and sale history.
What are the property facts for 1105 Palmer Way?
1105 Palmer Way is a 3 bed, 2 bath, 2,390 sqft, 14,375 sqft lot single_family.
Is 1105 Palmer Way a flip candidate?
No — 1105 Palmer Way does not appear in our flips dataset.
Is 1105 Palmer Way a tax-appeal candidate?
Yes — 1105 Palmer Way 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 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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