NOT LISTED FOR SALE

1140 Cedar Point Blvd Cedar Point, NC 28584

Estimated Value: $1,597,280

5 Acres
$308,355 Price per Acre
225,641 Sq Ft Lot

Last Sold August 30, 2022

Last sale price $1,000,000

Est. 60% increase in value since last sale

Current estimated payment $8,928/month

844 Days on Market

Highlights

  • 5.18 Acre Lot
  • Wooded Lot
  • No HOA
  • White Oak Elementary School Rated A-

About This Lot

As of August 2022

Large Commercial Tract located on Hwy 24 near the intersection to Emerald Isle and Cape Carteret. Zoned B1 commercial which allows for may uses and commercial space. See Cedar Point zoning for more details. Can be possibly subdivided if buyer chooses to do so.

Last Agent to Sell the Property

Sandra Futral

Bluewater Corporate RE License #229914 Listed on: 03/27/2020

Last Buyer's Agent

Stephen Matthews

Watson-Matthews, Inc. License #84594

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $47

Lot Details

  • 5.18 Acre Lot
  • Wooded Lot
  • Property is zoned B1

Schools

  • Broad Creek Middle School
  • Croatan High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5374.12.85.5956000

Property Details

Property Type

Land

Est. Annual Taxes

$47

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Undeveloped
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 344

Utilities

  • Fuel Tank: None

Association/Amenities

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

Lot Info

  • Deed Page: 482.00
  • Lot Sq Ft: 225641.00
  • Plat Book: 30
  • Plat Page: 189
  • Zoning: B1
  • Acres: 5.18
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 250965.25
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Wooded

Tax Info

  • Tax Identifier: 5374.12.85.5956000
  • Tax Year: 2019

MLS Schools

  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Watsons Inc
Bought by
Carteret County General Hospital Corporation
Total Days on Market
844
Current Estimated Value
$1,597,280

Purchase Details

Listed on
Mar 27, 2020
Closed on
Aug 24, 2022
Sold by
Psf & Ww Investments Llc
Bought by
Watsons Inc
Seller's Agent
Sandra Futral
Bluewater Corporate RE
Buyer's Agent
Stephen Matthews
Watson-Matthews, Inc.
List Price
$1,300,000
Sold Price
$1,000,000
Premium/Discount to List
-$300,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.21%

Purchase Details

Closed on
Feb 23, 2007
Sold by
Farrington William U and Farrington Terri
Bought by
Psf & Ww Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2002
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
Carteret County General Hospital Corporation $1,614,000 None Listed On Document
Watsons Inc $1,000,000 --
Psf & Ww Investments Llc $1,650,000 None Available
-- $437,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Psf & Ww Investments Llc $595,000
Previous Owner Psf & Ww Investments Llc $1,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $1,000,000 -23.1% --
07/19/2022 07/19/22 Pending -- -- --
03/27/2020 03/27/20 For Sale $1,300,000 -- --
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
2024 $47 $759,000 $759,000 $0
2023 $4,687 $759,000 $759,000 $0
2022 $4,459 $759,000 $759,000 $0
2021 $0 $759,000 $759,000 $0
2020 $4,231 $759,000 $759,000 $0
2019 $2,635 $514,136 $514,136 $0
2017 $2,275 $514,136 $514,136 $0
2016 $2,275 $514,136 $514,136 $0
2015 $2,224 $514,136 $514,136 $0
2014 $2,406 $556,390 $556,390 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100211338

Hive MLS

APN: 5374.12.85.5956000