402 Penny Ln
Morehead City, NC 28557
3 bd 2 ba 1,608 sqft Built 1999 condo
Most recent sale
$194,000
Jan 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 14, 2024 | Sold | $219,500 | Public Record |
| Jan 11, 2023 | Sold | $214,000 | HiveMLS |
| Nov 8, 2022 | Price changed | $218,000 | NCRCarteret |
| Oct 31, 2022 | Listed | $219,000 | MLS #100356176 |
| Jan 11, 2022 | Sold | $194,000 | MLS #100304586 |
| Feb 14, 2018 | Listing removed | $1,050 | NCRCarteret |
| Jan 22, 2018 | Listed for rent | $1,100 | NCRCarteret |
| Jan 30, 2017 | Sold | $114,900 | MLS #100008967 |
| Oct 5, 2016 | Sold | $115,000 | Public Record |
| Sep 30, 2016 | Sold | $114,900 | HiveMLS |
| Aug 4, 2016 | Price changed | $119,900 | MLS #100008967 |
| Aug 3, 2016 | Price changed | $124,900 | MLS #100008967 |
| May 23, 2016 | Price changed | $129,900 | MLS #100008967 |
| Apr 14, 2016 | Listed | $139,900 | MLS #100008967 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $249,738 | — | $249,738 | $1,515 |
| 2024 | $249,738 | — | $249,738 | $857 |
| 2023 | $101,200 | — | $101,200 | $359 |
| 2022 | $101,200 | — | $101,200 | $348 |
| 2021 | $101,200 | — | $101,200 | $348 |
| 2020 | $101,200 | — | $101,200 | $349 |
| 2019 | $85,500 | — | $85,500 | $280 |
| 2018 | $85,500 | — | $85,500 | $280 |
| 2017 | $85,500 | — | $85,500 | $280 |
| 2016 | $85,500 | — | $85,500 | $280 |
| 2015 | $85,500 | — | $85,500 | $272 |
Property facts
Year built
1999
Property type
condo
Stories
—
Beds
3
Baths
2
Living area
1,608 sqft
Lot size
—
ZIP code
28557
City
Morehead City
Street
Penny Ln
Coordinates
34.72987, -76.75686
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
$2,171
Gross rental yield
13.43%
Implied cap rate
8.73%
Trend-extrapolated value
—
Frequently asked questions
When did 402 Penny Ln last sell?
402 Penny Ln most recently sold on Jan 11, 2022 for $194,000.
What is the current tax assessment for 402 Penny Ln?
The most recent total assessment for 402 Penny Ln (year 2025) is $249,738 with $1,515 in property tax.
How does 402 Penny Ln's assessment compare to its last sale price?
The current assessment is 28.7% above the last sale price of $194,000.
When was 402 Penny Ln built?
402 Penny Ln was built in 1999.
How does 402 Penny Ln compare to others on Penny Ln?
We track 8 other properties on Penny Ln. Browse the list under "Other properties on Penny Ln" to compare beds, baths, and sale history.
What are the property facts for 402 Penny Ln?
402 Penny Ln is a 3 bed, 2 bath, 1,608 sqft condo.
Is 402 Penny Ln a flip candidate?
No — 402 Penny Ln does not appear in our flips dataset.
Is 402 Penny Ln a tax-appeal candidate?
No — 402 Penny Ln is not currently flagged as a tax-appeal candidate.
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
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Geography
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