NOT LISTED FOR SALE

102 Magens Way Cedar Point, NC 28584

Estimated Value: $557,365 - $622,000

0.7 Acre
$844,416 Price per Acre
30,492 Sq Ft Lot

Last Sold October 26, 2023

Last sale price $355,000

Est. 67% increase in value since last sale

Current estimated payment $3,266/month

2 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Gated Community
  • Maintained Community
  • White Oak Elementary School Rated A-
  • Community Pool

About This Lot

As of October 2023

WATERFRONT LOT ON BOGUE SOUND! Located in the beautiful, gated community of Magens Bay on the Crystal Coast in Cedar Point, NC this homesite provides breathtaking views over Bogue Sound and the Intracoastal Waterway. There is a community pool and tennis courts for your enjoyment as well as a day dock. Cross the bridge and in minutes you are on the beautiful Emerald Isle beach! Septic already installed! You can also build your own dock here with CAMA permit!Legal: L 37 MAGENS BAY S/D

Last Agent to Sell the Property

bebbie quinones

Coldwell Banker Sea Coast Adv EI License #245743 Listed on: 09/26/2023

Coldwell Banker Sea Coast Adv EI

Last Buyer's Agent

Heather Singleton

Emerald Isle Realty License #236652

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,728

Lot Details

  • 0.7 Acre Lot
  • 100 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Cleared Lot

Property Views

  • Water Views

Schools

  • White Oak Elementary School
  • Broad Creek Middle School
  • Croatan High School

Utilities

  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 537416834385000

Community Details

Overview

  • Magens Bay Association
  • Magens Bay Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Community Pool
  • Water Access

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,728

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Sound Front
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 100
  • Water Frontage: 100.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Sewer Provider: Existing Septic System
  • Service Providers Water Provider: West Carteret Water Corp
  • Utilities: Municipal Water, Septic On Site

Association/Amenities

  • HOA and Neighborhood Amenities: Gated, Taxes, Pool, Maint - Roads, Maint - Comm Areas
  • HOAAssociationName: MAGENS BAY

Lot Info

  • Deed Page: 325.00
  • Lot Description: Subdivision
  • Lot Number: 37
  • Lot Sq Ft: 30666.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Plat Book: 28
  • Plat Page: 622
  • Zoning: SFR
  • Acres: 0.70
  • Current Use: Residential, Single Family
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 535714.29
  • Soil Evaluation Other: SEPTIC
  • Topography: Cleared
  • Lot Number2: 37
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: 537416834385000
  • Tax Year: 2022
  • Deferred Taxes: No

MLS Schools

  • Elementary School: White Oak Elementary
  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2007
Sold by
Troup John M and Troup Tammy K
Bought by
Lambert Marc H and Lambert Kathleen A
Current Estimated Value
$591,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,150
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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
Lambert Marc H $415,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Marc H $384,250
Closed Lambert Marc H $416,150
Previous Owner Troup John M $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2023 10/26/23 Sold $355,000 -5.3% --
09/28/2023 09/28/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $375,000 -1.3% --
06/01/2021 06/01/21 Sold $380,000 -5.0% --
04/19/2021 04/19/21 Pending -- -- --
03/19/2021 03/19/21 Price Changed $399,899 -19.2% --
02/25/2019 02/25/19 For Sale $494,900 -- --
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
2024 $1,728 $309,046 $77,910 $231,136
2023 $1,645 $309,046 $77,910 $231,136
2022 $1,566 $309,046 $77,910 $231,136
2021 $1,566 $309,046 $77,910 $231,136
2020 $1,637 $309,046 $77,910 $231,136
2019 $1,776 $314,255 $92,935 $221,320
2017 $1,541 $314,255 $92,935 $221,320
2016 $1,541 $314,255 $92,935 $221,320
2015 $1,504 $314,255 $92,935 $221,320
2014 $1,547 $324,251 $100,415 $223,836
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100406819

Hive MLS

APN: 5374.12.85.8675000