NOT LISTED FOR SALE

125 Fawn Creek Cedar Point, NC 28584

Estimated Value: $364,000

0.97 Acre
$375,258 Price per Acre
42,253 Sq Ft Lot

Last Sold September 27, 2022

Last sale price $353,000

Est. 3% increase in value since last sale

Current estimated payment $2,045/month

100 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 70 Feet of Waterfront
  • Boat Dock
  • White Oak Elementary School Rated A-
  • Views of a Sound
  • Gated Community

About This Lot

As of September 2022

This beautiful sound front lot, has unparalleled views of the ICW & Emerald Isle bridge. Build your dream home on the mainland side and enjoy watching the boats go by & taking in the scenic marsh wildlife. Lot is located in a cul-de-sac, within the quiet, gated community of Magens Bay. Community amenities includes a pool, tennis court & sound front pier. Close to the beaches of EI, shops, restaurants, and neighboring coastal communities of Swansboro & Cape Carteret. Please note, per the Town of Cedar Point, the home is located in Coastal A flood plain.

Last Agent to Sell the Property

Carey Otto

Keller Williams Crystal Coast License #293385 Listed on: 05/21/2022

Keller Williams Crystal Coast

Last Buyer's Agent

The Kiser Group

NorthGroup

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,092

Lot Details

  • 0.97 Acre Lot
  • 70 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Property is zoned R-20

Property Views

  • Views of a Sound
  • Intracoastal Views

Schools

  • Broad Creek Middle School
  • Croatan High School

Utilities

  • Septic Tank
  • Septic Permit Issued

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 537416931918000

Community Details

Overview

  • Property has a Home Owners Association
  • Magens Bay Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Pool
  • Deeded Waterfront Access Rights

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,092

Lot Details

0

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Water Frontage: 70.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Water, Septic Off Site, Septic Permit on file

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Dock, Gated Community, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Pool, Street Lights

Lot Info

  • Deed Book: 1750
  • Deed Page: 275.00
  • Lot Description: Cul-de-Sac Lot, Subdivision
  • Lot Number: 62
  • Lot Sq Ft: 42253.00
  • Lot Water Features: Deeded Waterfront, Sound Side
  • Zoning: R-20
  • Acres: 0.97
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 401030.93
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared, Level
  • Lot Number2: 62
  • Lot View Type: ICW View, Sound View

Tax Info

  • Tax Identifier: 537416931918000
  • Tax Year: 2021
  • Total City Real Estate Property Tax: 525.12
  • Total Real Estate Property Taxes: 2091.59
  • Deferred Taxes: No

MLS Schools

  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Sep 26, 2022
Sold by
Oliver Richard M and Deak Sue
Bought by
Myott Shelley Gay
Seller's Agent
Carey Otto
Keller Williams Crystal Coast
Buyer's Agent
The Kiser Group
NorthGroup
List Price
$389,000
Sold Price
$353,000
Premium/Discount to List
-$36,000
-9.25%
Views
5
Current Estimated Value
$364,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,000
Avg. Annual Appreciation
0.95%

Purchase Details

Closed on
Dec 6, 2021
Sold by
Pacific Sails Llc
Bought by
Oliver Richard M and Oliver Sue Deak

Purchase Details

Closed on
Apr 17, 2012
Sold by
L Ardan Development Corporation
Bought by
Pacific Sails Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,250
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2012
Sold by
Sound Baking Company
Bought by
Rickman Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,250
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2011
Sold by
Fredeen Leslie A and Fredeen Marlo Clark
Bought by
Sound Banking Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Myott Shelley Gay $353,000 --
Oliver Richard M $345,000 None Available
Pacific Sails Llc -- None Available
Rickman Thomas R $319,000 None Available
Sound Banking Company $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rickman Thomas R $239,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2022 09/27/22 Sold $353,000 -9.3% --
08/29/2022 08/29/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $389,000 -- --
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 $1,570 $354,787 $354,787 $0
2024 $2,198 $356,014 $356,014 $0
2023 $2,198 $356,014 $356,014 $0
2022 $2,092 $356,014 $356,014 $0
2021 $2,092 $356,014 $356,014 $0
2020 $1,985 $356,014 $356,014 $0
2019 $2,004 $390,980 $390,980 $0
2017 $1,730 $390,980 $390,980 $0
2016 $1,730 $390,980 $390,980 $0
2015 $1,691 $390,980 $390,980 $0
2014 $1,436 $332,101 $332,101 $0
Source: Public Records

Agents Affiliated with this Home

  • Carey Otto

    Seller's Agent in 2022

    Carey Otto

    Keller Williams Crystal Coast

    (919) 810-5755

    12 in this area

    156 Total Sales

    Carey Otto
    Section Image

  • T

    Buyer's Agent in 2022

    The Kiser Group

    NorthGroup

    (910) 264-2786

    2 in this area

    60 Total Sales

    The Kiser Group
    Section Image
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Map

Source: Hive MLS

MLS Number: 100329376

Hive MLS

APN: 5374.16.93.1918000

North Carolina Carteret County Cedar Point 28584

125 Fawn Creek, Cedar Point, NC

Not Listed for Sale

Lots

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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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