NOT LISTED FOR SALE

1040 Murphy Farm Rd Merritt, NC 28556

Estimated Value: $301,000 - $307,709

1 Acre
$304,355 Price per Acre
43,560 Sq Ft Lot

Last Sold July 15, 2019

Last sale price $72,500

Est. 320% increase in value since last sale

Current estimated payment $1,696/month

389 Days on Market

Highlights

  • 72 Feet of Waterfront
  • Pamlico County Middle School Rated 9+
  • No HOA

About This Lot

As of July 2019

Beautiful one acre lot on Bay River. Unrestricted. If you want to crab, fish and do water sports this is where you need to be. Close to the ICW.

Last Agent to Sell the Property

SUE SLAYMAKER

MARINER REALTY, INC Listed on: 05/24/2018

Last Buyer's Agent

A Non Member

A Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $891

Lot Details

  • 1 Acre Lot
  • 72 Feet of Waterfront
  • River Front
  • Cleared Lot

Schools

  • Pamlico County Primary Elementary School
  • Pamlico County Middle School
  • Pamlico County High School

Additional Features

  • Water Views
  • Septic Permit Issued

Listing and Financial Details

  • Assessor Parcel Number Jo43-48-9

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$891

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: River Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 174
  • Water Frontage: 72.00

Utilities

  • Fuel Tank: None
  • Utilities: Septic Permit on file

Association/Amenities

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

Lot Info

  • Deed Page: 431.00
  • Lot Description: Subdivision
  • Lot Sq Ft: 43560.00
  • Lot Water Features: Bulkhead
  • Cleared Acres: 1.00
  • Acres: 1.00
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 80000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot View Type: Water View

Tax Info

  • Tax Identifier: Jo43-48-9
  • Tax Year: 2011

MLS Schools

  • Elementary School: Pamlico County Primary
  • High School: Pamlico County
  • High School2: Pamlico County
  • Middle School: Pamlico County
  • Middle School2: Pamlico County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2025
Sold by
Byrne Jeffrey and Byrne Angela
Bought by
Brock Curtis D
Current Estimated Value
$304,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Outstanding Balance
$201,486
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$104,531

Purchase Details

Listed on
May 24, 2018
Closed on
Jul 5, 2019
Sold by
Riddick Sadie F and Riddick Richard H
Bought by
Byrne Jeffrey and Byrne Angela
Seller's Agent
SUE SLAYMAKER
MARINER REALTY, INC
Buyer's Agent
A Non Member
A Non Member
List Price
$100,000
Sold Price
$72,500
Premium/Discount to List
-$27,500
-27.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.34%
Original Mortgage
$58,000
Interest Rate
3.82%
Mortgage Type
New Conventional
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
Brock Curtis D $304,000 None Listed On Document
Brock Curtis D $304,000 None Listed On Document
Byrne Jeffrey -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brock Curtis D $204,000
Closed Brock Curtis D $204,000
Previous Owner Byrne Jeffrey $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $72,500 -27.5% --
06/17/2019 06/17/19 Pending -- -- --
05/24/2018 05/24/18 For Sale $100,000 -- --
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 $891 $126,095 $75,000 $51,095
2024 $891 $126,095 $75,000 $51,095
2023 $865 $126,095 $75,000 $51,095
2022 $865 $126,095 $75,000 $51,095
2021 $668 $97,405 $75,000 $22,405
2020 $537 $78,175 $75,000 $3,175
2019 $773 $112,608 $112,608 $0
2018 $773 $0 $0 $0
2017 $773 $0 $0 $0
2016 $773 $0 $0 $0
2015 $773 $112,608 $112,608 $0
2014 $773 $112,608 $112,608 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    SUE SLAYMAKER

    MARINER REALTY, INC

  • A

    Buyer's Agent in 2019

    A Non Member

    A Non Member

See All Agents

Map

Source: Hive MLS

MLS Number: 100117730

Hive MLS

APN: J043-48-9

North Carolina Pamlico County Merritt 28556

1040 Murphy Farm Rd, Merritt, NC

This home is located at 1040 Murphy Farm Rd, Merritt, NC 28556 since 24 May 2018 and is currently estimated at $304,355. 1040 Murphy Farm Rd is a home located in Pamlico County with nearby schools including Pamlico County Primary School, Fred A. Anderson Elementary School, and Pamlico County Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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