NOT LISTED FOR SALE

1075 Cedar Point Blvd Cedar Point, NC 28584

Estimated Value: $786,000 - $2,114,000

6 Acres
$248,965 Price per Acre
280,091 Sq Ft Lot

Last Sold April 14, 2021

Last sale price $1,225,000 $4 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,924/month

421 Days on Market

Highlights

  • 6.43 Acre Lot
  • No HOA
  • Open Lot
  • White Oak Elementary School Rated A-
  • Cul-De-Sac

About This Lot

As of April 2021

New Opportunity in Popular Cedar Point, NC! Seller willing to Subdivide! Lot 1 with 175 ft on HWY 24 plus Lot 12 Behind Lot 1 is now offered for $799K. Lots 2 through 11 are offered for $700K. Many Options. Lots 1 through 12 offered for $1,499,000 NEW PRICE. $100K reduction. Cedar Point Commercial Park, consisting of 6.43 Acres of Prime Commercial Real Estate in Cedar Point. B-1 Zoning with many possiblities-See Permits under Documents. Great Location....Centrally located between Jacksonville and Morehead City. Cedar Point has become a popular area for Professional, Medical and Retail Businesses, servicing nearby residential communities; Magens Bay, Marsh Harbour, Crystal Shores, Star Hill and Emerald Isle Communities.permits for the existing building as well as the for the other proposed lots. *Septic Permits: Exisiting building permit is in effect. The permits for the proposed businesses/lots have expired but could possibly be extended until the end of this year, but only for the exact lot size and use as what is shown on those permits. Many options available with this property.*Property is currently one parcel with one pin number. Subdiving will need to be approved by Cedar Point Town and Carteret County.

Last Agent to Sell the Property

Michelle Daffron

Shorewood Real Estate License #164348 Listed on: 08/23/2019

Last Buyer's Agent

Judith O'Neill

Spinnaker's Reach License #149571

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $75

Year Built

  • Built in 1996

Lot Details

  • 6.43 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Open Lot
  • Property is zoned B-1

Parking

  • Private Parking
  • Shared Driveway
  • Dirt Driveway
  • Paved Parking
  • On-Site Parking

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot Lots 2 through 13
  • Assessor Parcel Number 5374.11.66.1111000

Property Details

Property Type

Land

Est. Annual Taxes

$75

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: G
  • Sub Type: Land
  • Sub Type2: Business Flex, Medical, Office, Retail, Shopping Center
  • Cobra Zone: No
  • New Construction: No
  • Year Built: 1996
  • Definition: RE W/O Business
  • Space: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: 4+ Lanes, Public (City/Cty/St)
  • Road Trans Access County Highway: Less than 5 Miles
  • Road Trans Access State Highway: Less than 5 Miles

Garage/Parking

  • Parking Driveway: Dirt, On Site, Paved, Private, Shared
  • Garage: No

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: West Carteret Water Corp

Association/Amenities

  • HOA: No

Lot Info

  • Deed Book: 1230
  • Deed Page: 351.00
  • Lot Acres: 6.43
  • Lot Description: Cul-de-Sac Lot, Dead End, Open
  • Lot Dimensions: 173 HWY frontage, 176 front x765 x450 x809
  • Lot Number: Lots 2 through 13
  • Lot Sq Ft: 280091.00
  • Lot Water Features: None
  • Plat Book: 29
  • Plat Page: 122
  • Zoning: B-1

Rental Info

  • Lease Types: See Remarks

Tax Info

  • Tax Identifier: 5374.11.66.1111000
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2019
Closed on
Apr 12, 2021
Sold by
Hcc Properties Llc
Bought by
Campbell William Randy
Seller's Agent
Michelle Daffron
Shorewood Real Estate
Buyer's Agent
Judith O'Neill
Spinnaker's Reach
List Price
$1,599,000
Sold Price
$1,225,000
Premium/Discount to List
-$374,000
-23.39%
Current Estimated Value
$1,600,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,843
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Jul 5, 2007
Sold by
Yukantu Inc
Bought by
Hcc Properties Llc

Purchase Details

Closed on
Oct 20, 2000

Purchase Details

Closed on
Sep 2, 1999
Source: Public Records

Range of Values:

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Average Value
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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
Campbell William Randy $1,225,000 None Available
Hcc Properties Llc $1,800,000 None Available
-- $677,000 --
-- $125,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hcc Properties Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $1,225,000 -23.4% $4 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
08/23/2019 08/23/19 For Sale $1,599,000 -- $6 / 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 $75 $1,204,844 $1,114,500 $90,344
2023 $7,455 $1,204,844 $1,114,500 $90,344
2022 $7,093 $1,204,844 $1,114,500 $90,344
2021 $7,093 $1,204,844 $1,114,500 $90,344
2020 $9,838 $1,761,956 $1,486,000 $275,956
2019 $4,692 $912,615 $622,902 $289,713
2017 $4,053 $912,615 $622,902 $289,713
2016 $4,053 $912,615 $622,902 $289,713
2015 $3,962 $912,615 $622,902 $289,713
2014 $3,964 $913,139 $673,540 $239,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100181670

Hive MLS

APN: 5374.11.66.1111000