402 Penny Ln
Morehead City, NC 28557
3 bd 2 ba 1,608 sqft Built 1999 condos
Most recent sale
$217,000
May 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2024 | Sold | $290,000 | HiveMLS |
| May 6, 2022 | Sold | $217,000 | MLS #100319837 |
| Mar 31, 2022 | Listed | $199,900 | MLS #100319837 |
| Jan 19, 2022 | Sold | $187,000 | MLS #100288166 |
| Jan 31, 2017 | Listing removed | $149,900 | NCRCarteret |
| Oct 31, 2011 | Listing removed | $149,900 | NCRCarteret |
| Sep 9, 2011 | Price changed | $149,900 | MLS #10-3918 |
| Nov 15, 2010 | Price changed | $154,900 | MLS #10-3918 |
| Aug 16, 2010 | Listed | $159,000 | MLS #10-3918 |
| Feb 16, 2010 | Listing removed | $975 | NCRNeuseRiver |
| Feb 13, 2010 | Price changed for rent | $975 | NCRNeuseRiver |
| Dec 7, 2009 | Price changed for rent | $970 | NCRNeuseRiver |
| Oct 18, 2009 | Listing removed | $1,050 | NCRNeuseRiver |
| Oct 5, 2009 | Listed for rent | $1,050 | NCRNeuseRiver |
| Sep 25, 2009 | Listed for rent | $1,050 | NCRNeuseRiver |
| Jul 18, 2008 | Sold | $150,000 | MLS #10705689 |
| Oct 25, 2007 | Listed | $169,900 | MLS #10705689 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $280,194 | — | $280,194 | $1,688 |
| 2022 | $101,200 | — | $101,200 | $348 |
| 2021 | $101,200 | — | $101,200 | $348 |
| 2020 | $101,200 | — | $101,200 | $348 |
| 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 | $271 |
Property facts
Year built
1999
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,608 sqft
Lot size
—
ZIP code
28557
City
Morehead City
Street
Penny Ln
Coordinates
34.72988, -76.75678
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
12.01%
Implied cap rate
7.80%
Trend-extrapolated value
—
Frequently asked questions
When did 402 Penny Ln last sell?
402 Penny Ln most recently sold on May 6, 2022 for $217,000.
What is the current tax assessment for 402 Penny Ln?
The most recent total assessment for 402 Penny Ln (year 2025) is $280,194 with $1,688 in property tax.
How does 402 Penny Ln's assessment compare to its last sale price?
The current assessment is 29.1% above the last sale price of $217,000.
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 condos.
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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