NOT LISTED FOR SALE

125 Timber Point Dr Merritt, NC 28556

Estimated Value: $39,349 - $45,000

2.04 Acres
$20,674 Price per Acre
88,862 Sq Ft Lot

Sale Details

Date Sold: September 5, 2023

Last sale price $38,000

Est. 11% increase in value since last sale

Current estimated payment $252 / mo

100 Days on Market

Highlights

  • 131 Feet of Waterfront
  • Home fronts a creek
  • Level Lot
  • Pamlico County Middle School Rated 9+

About This Lot

As of September 2023

Lovely two-acre flat building lot with water access along Lewis Creek. Smaller subdivision which cannot be beat for privacy. One street which ends in a cul-de-sac adds to the quiet nature of this area. New Bern is only about 35 minutes away and the Village of Oriental closer at only ten minutes. Property is mowed on a regular basis. Use caution when walking the lot.

Last Agent to Sell the Property

SHARON MORGAN

TIDEWATER REAL ESTATE, INC License #271490 Listed on: 04/15/2023

Last Buyer's Agent

Leverett Owens

LAND AND WATERFRONT PROPERTIES, LLC License #217617

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $354

Lot Details

  • 2.04 Acre Lot
  • Home fronts a creek
  • 131 Feet of Waterfront
  • Property fronts a private road
  • Rural Setting
  • Level Lot
  • Cleared Lot

Schools

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

Additional Features

  • In Flood Plain
  • Septic Permit Issued

Community Details

  • Property has a Home Owners Association
  • Timber Point Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number J05-4-1-9

Property Details

Property Type

Land

Est. Annual Taxes

$354

Lot Details

2.04 Acres

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 353.54
  • Waterview: No
  • Buildigson Property: None
  • List Priceper Acre: 22058.82
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Water Frontage: 131.00
  • Road Frontage Type: Creek Front

Utilities

  • Fuel Tank: None
  • Utilities: County Water, Septic Permit on file, Water Tap Available

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: No Amenities

Schools

  • Elementary School: Pamlico County Primary
  • Elementary School#2: Fred A. Anderson
  • High School: Pamlico County
  • High School2: Pamlico County
  • Middle School: Pamlico County
  • Middle School2: Pamlico County

Lot Info

  • Cobra Zone: No
  • Deed Page: 284.00
  • Lot Description: Partially Cleared, Rural, Subdivision
  • Lot Dimensions: irregular
  • Lot Number: 9
  • Lot Sq Ft: 88862.00
  • Lot Water Features: Waterfront Comm
  • Zoning: Residential
  • Acres: 2.04
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Flood Plain, Level, Undeveloped
  • Lot Number2: 9

Tax Info

  • Tax Identifier: J05-4-1-9
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Baucom Industries Llc
Bought by
Baucom Industries Llc and Arroyo
Current Estimated Value
$42,175

Purchase Details

Listed on
Apr 15, 2023
Closed on
Aug 22, 2023
Sold by
Held Edward and Held Barbara
Bought by
Baucom Industries Llc
Seller's Agent
SHARON MORGAN
TIDEWATER REAL ESTATE, INC
Buyer's Agent
Leverett Owens
LAND AND WATERFRONT PROPERTIES, LLC
List Price
$45,000
Sold Price
$38,000
Premium/Discount to List
-$7,000
-15.56%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%

Purchase Details

Closed on
May 11, 2005
Sold by
Timber Point Properties Llc
Bought by
Held Edward J and Held Barbara A
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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Purchase History

Date Buyer Sale Price Title Company
Baucom Industries Llc $20,000 None Listed On Document
Baucom Industries Llc $20,000 None Listed On Document
Baucom Industries Llc -- None Listed On Document
Held Edward J $65,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Sold $38,000 -15.6% --
07/24/2023 07/24/23 Pending -- -- --
04/15/2023 04/15/23 For Sale $45,000 -- --
Source: Hive MLS

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 $364 $51,514 $51,514 $0
2023 $354 $51,514 $51,514 $0
2022 $354 $51,514 $51,514 $0
2021 $354 $51,514 $51,514 $0
2020 $354 $51,514 $51,514 $0
2019 $369 $53,702 $53,702 $0
2018 $369 $0 $0 $0
2017 $369 $0 $0 $0
2016 $369 $0 $0 $0
2015 $369 $53,702 $53,702 $0
2014 $369 $53,702 $53,702 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    SHARON MORGAN

    TIDEWATER REAL ESTATE, INC

    (252) 671-5317

    29 Total Sales

    SHARON MORGAN
    Section Image
  • Leverett Owens

    Buyer's Agent in 2023

    Leverett Owens

    LAND AND WATERFRONT PROPERTIES, LLC

    (803) 778-1139

    164 Total Sales

    Leverett Owens
    Section Image
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Map

Source: Hive MLS

MLS Number: 100379347

Hive MLS

APN: J05-4-1-9

North Carolina Pamlico County Merritt 28556

125 Timber Point Dr, Merritt, NC

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. ©2026 Hive MLS LLC

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