NOT LISTED FOR SALE

103 Magens Way Cedar Point, NC 28584

Estimated Value: $573,000 - $632,000

0.6 Acre
$995,833 Price per Acre
26,136 Sq Ft Lot

Last Sold May 19, 2021

Last sale price $385,000 $149 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,398/month

288 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 100 Feet of Waterfront
  • Gated Community
  • White Oak Elementary School Rated A-
  • Boat Dock
  • Wetlands on Lot

About This Lot

As of May 2021

Don't miss this opportunity to own DIRECT Waterfront property in the premier waterfront community of Magens Bay in Cedar Point, NC. Spectacular views of the ICW & Bogue Sound. Build your dream home on this gorgeous waterfront lot located on a quiet Cul-De-Sac with 100 feet of waterfrontage. 5 Bedroom septic permit and soil test on hand. Award winning school district (White Oak, Broad Creek and Croatan HS). Go Island hopping or dine in Swansboro via boat in just minutes!. Dock/Pier is already in place with electric and water (currently turned off). Magens Bay is only minutes from Emerald Isle Beaches and centrally located between Morehead City and Jacksonville. Convenient to Shops, Restaurants and Grocery Stores.

Last Agent to Sell the Property

Michelle Daffron

Shorewood Real Estate License #164348 Listed on: 06/01/2020

Last Buyer's Agent

Richard Ferrell

Coldwell Banker Sea Coast Advantage - Jacksonville License #279277

Coldwell Banker Sea Coast Advantage - Jacksonville

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,130

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 50x220.24x100.23x214.69
  • 100 Feet of Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Street terminates at a dead end
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Marsh on Lot

HOA Fees

  • $65 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Broad Creek Middle School
  • Croatan High School

Utilities

  • Water Rights
  • Co-Op Water
  • Septic Permit Issued

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 5374.16.83.2220000

Community Details

Overview

  • Ccmc HOA, Phone Number (252) 354-6333
  • Magens Bay Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Deeded Waterfront Access Rights
  • Wetlands on Lot

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,130

Lot Details

0

HOA Fees

$65 per month

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, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 50
  • Water Frontage: 100.23

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Natural Gas Provider: Piedmont Natural Gas Co.
  • Service Providers Water Provider: West Carteret Water Corp
  • Utilities: Municipal Water Available, Natural Gas Available, Septic Permit on file, Water Connected

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Basketball, Gated Community, Maint - Comm Areas, Maint - Ext Bldg, Maint - Grounds, Maint - Roads, Mgmt Fee, Pool, Street Lights, Tennis, Water
  • Annual HOA: 774.59
  • HOA Company: CCMC
  • HOA Phone: 252-354-6333

Schools

  • School District: Carteret

Lot Info

  • Deed Book: 1608
  • Deed Page: 250.00
  • Lot Description: Cul-de-Sac Lot, Dead End, Deeded Water Rights, Open, Subdivision, Wetlands
  • Lot Dimensions: 50x220.24x100.23x214.69
  • Lot Number: 34
  • Lot Sq Ft: 26180.00
  • Lot Water Features: Boat Dock, Deeded Water Access, Deeded Water Rights, Deeded Waterfront, Water Access Comm, Waterfront Comm
  • Plat Book: 28
  • Plat Page: 622
  • Zoning: Residential
  • Acres: 0.60
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 683333.33
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared, Level, Marsh/Wetland
  • Lot Number2: 34

Tax Info

  • Tax Identifier: 5374.16.83.2220000
  • Tax Year: 2019

MLS Schools

  • High School: Croatan
  • Middle School: Broad Creek
  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2016
Sold by
Rendel Llewelyn J and Rendel Billie A
Bought by
Wiggs Steven B and Wiggs Mary Ann B
Current Estimated Value
$597,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,300
Outstanding Balance
$194,771
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$408,826

Purchase Details

Closed on
May 30, 2006
Sold by
East Ronald E and East Kimberly B
Bought by
Kriss Steven M and Kriss Renata B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
6.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 28, 2001

Purchase Details

Closed on
Dec 10, 1999
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
Wiggs Steven B $650,000 None Available
Kriss Steven M $455,000 None Available
-- $240,000 --
-- $3,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiggs Steven B $297,300
Closed Kriss Steven $297,300
Previous Owner Kriss Steven M $362,000
Previous Owner Kriss Steven M $364,000
Previous Owner Kriss Steven M $11,000
Previous Owner Kriss Steven M $364,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2021 05/19/21 Sold $385,000 +8.8% $149 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
01/27/2021 01/27/21 Sold $354,000 -13.7% $128 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $410,000 +2.5% $158 / Sq Ft
03/23/2020 03/23/20 For Sale $399,900 +14.3% $145 / Sq Ft
05/16/2018 05/16/18 Sold $350,000 -4.1% $135 / Sq Ft
03/01/2018 03/01/18 Pending -- -- --
03/01/2017 03/01/17 For Sale $365,000 -- $141 / Sq Ft
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 $2,130 $329,117 $72,531 $256,586
2023 $2,047 $329,117 $72,531 $256,586
2022 $1,949 $329,117 $72,531 $256,586
2021 $0 $329,117 $72,531 $256,586
2020 $2,000 $329,117 $72,531 $256,586
2019 $1,986 $355,353 $86,520 $268,833
2017 $1,722 $355,353 $86,520 $268,833
2016 $1,722 $355,353 $86,520 $268,833
2015 $1,682 $355,353 $86,520 $268,833
2014 $1,746 $370,103 $93,559 $276,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100219738

Hive MLS

APN: 5374.12.85.9498000