NOT LISTED FOR SALE

1010 Bay St Morehead City, NC 28557

Estimated Value: $683,000 - $867,000

0.11 Acre
$7,124,173 Price per Acre
4,966 Sq Ft Lot

Last Sold October 22, 2021

Last sale price $137,000

Est. 472% increase in value since last sale

Current estimated payment $4,419/month

1,110 Days on Market

Highlights

  • Waterfront Community
  • Water Views
  • No HOA
  • Morehead City Primary School Rated A-
  • Water Access
  • Level Lot

About This Lot

As of October 2021

BEAUTIFUL LOT WITH WATER VIEW LOCATED in MOREHEAD CITY DOWNTOWN! You can walk, bike, drive, boat, canoe or kayak to just about anything! Short distance to downtown, restaurants, churches, marinas, boat docks, 3 public water accesses and recreational facilities, and boutique shops/retail stores. This lot affords quick access to many events/festivals such as NC Seafood Festival, Big Rock Blue Marlin Tournament and more. The gentrification of the area has been most impressive. Many new prestigious homes are being built all along Calico Creek and it's Bay. Savvy home buyers are taking advantage of the magnificent water views and much lower prices on the North side of the town. Lot is 0.114 acre, zoned Single Family (SFR5). City water and sewer. No flood insurance required!

Last Agent to Sell the Property

Margaret Hitchcock

Hitchcock Realty & Associates, LLC License #243602 Listed on: 08/20/2018

Co-Listed By

Sylvia Rola

Hitchcock Realty & Associates, LLC License #299668

Last Buyer's Agent

James Wilder

United Country Respess Wilder License #302426

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,329

Lot Details

  • 4,966 Sq Ft Lot
  • Lot Dimensions are 50 x 100 x 60 x 100
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Property is zoned SFR5

Schools

  • Morehead City Elementary School
  • Morehead City Middle School
  • West Carteret High School

Additional Features

  • Water Views
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 638619620485000

Community Details

Overview

  • No Home Owners Association
  • Morehead City Subdivision

Recreation

  • Waterfront Community
  • Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,329

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 50

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Sewer Provider: City of Morehead City
  • Service Providers Water Provider: City of Morehead City
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Carteret

Lot Info

  • Deed Book: 1538
  • Deed Page: 490.00
  • Lot Description: Open, Urban
  • Lot Dimensions: 50 x 100 x 60 x 100
  • Lot Sq Ft: 4966.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Plat Book: 1
  • Plat Page: 139
  • Zoning: SFR5
  • Acres: 0.11
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 1245454.55
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level

Tax Info

  • Tax Identifier: 638619620485000
  • Tax Year: 2018
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Morehead City Elem
  • High School: West Carteret
  • Middle School: Morehead City
  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2022
Sold by
Glessner Wilder William and Jones Judith
Bought by
Couch Vernon Stuart and Couch Kimberly Wilder
Current Estimated Value
$783,659

Purchase Details

Listed on
Aug 20, 2018
Closed on
Oct 22, 2021
Sold by
Campbell Paige W and Jones Dorothy M
Bought by
Wilder William Glessner and Wilder Judith Jones
Seller's Agent
Margaret Hitchcock
Hitchcock Realty & Associates, LLC
Buyer's Agent
James Wilder
United Country Respess Wilder
List Price
$140,000
Sold Price
$137,000
Premium/Discount to List
-$3,000
-2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.16%

Purchase Details

Closed on
Mar 24, 2016
Sold by
Campbell Paige and Jones Dorothy Mae
Bought by
Henderson Thaddeus
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Couch Vernon Stuart -- --
Wilder William Glessner $137,000 None Available
Henderson Thaddeus -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/22/2021 10/22/21 Sold $137,000 -2.1% --
09/03/2021 09/03/21 Pending -- -- --
08/20/2018 08/20/18 For Sale $140,000 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,329 $569,421 $134,285 $435,136
2024 $2,305 $294,256 $117,652 $176,604
2023 $415 $117,652 $117,652 $0
2022 $403 $117,652 $117,652 $0
2021 $403 $117,652 $117,652 $0
2020 $403 $117,652 $117,652 $0
2019 $266 $80,933 $69,187 $11,746
2017 $266 $80,933 $69,187 $11,746
2016 $266 $80,933 $69,187 $11,746
2015 $258 $80,933 $69,187 $11,746
2014 $251 $78,598 $70,615 $7,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100131125

Hive MLS

APN: 6386.19.62.0485000