NOT LISTED FOR SALE

1068 Murphy Farm Rd Merritt, NC 28556

Estimated Value: $468,000 - $823,000

1 Acre
$600,079 Price per Acre
43,560 Sq Ft Lot

Last Sold August 28, 2020

Last sale price $75,000

Est. 700% increase in value since last sale

Current estimated payment $3,384/month

151 Days on Market

Highlights

  • 119 Feet of Waterfront
  • River View
  • No HOA
  • Pamlico County Middle School Rated 9+

About This Lot

As of August 2020

A lovely waterfront lot on Bay River. this lot is waiting for your dream home. It is an acre lot with the most beautiful sunsets you will ever see.. Enjoy all the water sports, fishing and crabbing. Close to the Pamlico Sound and the ICW.

Last Agent to Sell the Property

SUE SLAYMAKER

MARINER REALTY, INC Listed on: 02/24/2020

Last Buyer's Agent

Thomas Sanderson

Prudential Clear Water Realty License #213455

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,680

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 123x359x119x217
  • 119 Feet of Waterfront
  • River Front
  • Cleared Lot

Schools

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

Additional Features

  • River Views
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number J043-48-8

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$1,680

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: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 123
  • Water Frontage: 119.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Tideland Electric
  • Service Providers Water Provider: Pamlico County
  • Utilities: Municipal Water Available, No Sewer

Association/Amenities

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

Schools

  • School District: Pamlico

Lot Info

  • Deed Page: 431.00
  • Lot Description: None
  • Lot Dimensions: 123x359x119x217
  • Lot Number: 8
  • Lot Sq Ft: 43560.00
  • Lot Water Features: Bulkhead
  • Cleared Acres: 1.00
  • Acres: 1.00
  • Current Use: Development
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 80000.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 8
  • Lot View Type: River View

Tax Info

  • Tax Identifier: J043-48-8
  • Tax Year: 2019
  • Total City Real Estate Property Tax: 836.00
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Pamlico County Primary
  • Elementary School #2: Pamlico County Primary
  • High School: Pamlico County
  • High School2: Pamlico County
  • Middle School: Pamlico County
  • Middle School2: Pamlico County
  • School District: Pamlico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Aug 27, 2020
Sold by
Riddick Sadie Faye M and Riddick Richard H
Bought by
Freeman Thomas F and Freeman Theresa C
Seller's Agent
SUE SLAYMAKER
MARINER REALTY, INC
Buyer's Agent
Thomas Sanderson
Prudential Clear Water Realty
List Price
$80,000
Sold Price
$75,000
Premium/Discount to List
-$5,000
-6.25%
Current Estimated Value
$600,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,079
Avg. Annual Appreciation
51.20%
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
Freeman Thomas F $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Thomas F $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $75,000 -6.3% --
07/24/2020 07/24/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $80,000 -- --
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 $1,680 $237,796 $75,000 $162,796
2024 $1,680 $237,796 $75,000 $162,796
2023 $1,632 $237,796 $75,000 $162,796
2022 $1,397 $203,586 $75,000 $128,586
2021 $537 $78,175 $75,000 $3,175
2020 $537 $78,175 $75,000 $3,175
2019 $836 $121,800 $121,800 $0
2018 $836 $0 $0 $0
2017 $836 $0 $0 $0
2016 $836 $0 $0 $0
2015 $836 $121,800 $121,800 $0
2014 $836 $121,800 $121,800 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    SUE SLAYMAKER

    MARINER REALTY, INC

  • T

    Buyer's Agent in 2020

    Thomas Sanderson

    Prudential Clear Water Realty

  • J

    Buyer's Agent in 2020

    JASON SANDERSON

    Keller Williams Realty

See All Agents

Map

Source: Hive MLS

MLS Number: 100205856

Hive MLS

APN: J043-48-8

North Carolina Pamlico County Merritt 28556

1068 Murphy Farm Rd, Merritt, NC

This home is located at 1068 Murphy Farm Rd, Merritt, NC 28556 since 24 February 2020 and is currently estimated at $600,079. 1068 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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