NOT LISTED FOR SALE

14 Bay Point Rd Merritt, NC 28556

Estimated Value: $280,000

2.42 Acres
$115,702 Price per Acre
105,415 Sq Ft Lot

Last Sold May 24, 2022

Last sale price $216,000

Est. 30% increase in value since last sale

Current estimated payment $1,810/month

35 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 530 Feet of Waterfront
  • Boat Ramp
  • Pamlico County Middle School Rated 9+
  • Boat Dock
  • Boat Slip

About This Lot

As of May 2022

Idyllic waterfront lot > big, surrounding waterview (almost 530'), your own peninsula & point, seawall & concrete dock in protected location, small sand beach, 2+ ac, great privacy, nicely wooded. Homesite has potential for 270 degree waterview. Good neighbors & values.If you like fishing, hunting, or just sitting on the dock at sunset with a cocktail, this is the lot to see. Bay River has great fishing, and just several miles to ICW, Pamlico Sound, Outer Banks and the entire Eastern seaboard. Improvements to lot include clearing and bushogging of waterfront area; seawall; drive, light gravel and culvert installled; add'l second culvert in drive; electrical box and wiring to lot installed; concrete dock installed; altogether more than $50,000 to $75,000 in current costs compared to an undeveloped lot.

Last Agent to Sell the Property

Nancy Crain

Landmark Sotheby's International Realty License #241433 Listed on: 02/09/2022

Landmark Sotheby's International Realty

Last Buyer's Agent

DARRELL WIARD

COLDWELL BANKER WILLIS SMITH - ORIENTAL License #225946

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,000

Lot Details

  • 2.42 Acre Lot
  • Lot Dimensions are 52 x 120 x 385 x 344 x 750
  • Home fronts a creek
  • 530 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Wooded Lot

Schools

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

Additional Features

  • River Views
  • Accessible Ramps
  • Septic Permit Issued

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number J043-3-15

Community Details

Overview

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

Recreation

  • Boat Dock
  • Deeded Waterfront Access Rights
  • Deep Water Access
  • Bulkhead
  • Boat Ramp
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$1,000

Lot Details

0

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 52
  • Water Frontage: 530.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Tideland Electric
  • Service Providers Water Provider: Pamlico County
  • Utilities: County Water, Septic Permit on file

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Dock, Maint - Comm Areas, Maint - Roads, Ramp

Schools

  • School District: Pamlico

Lot Info

  • Deed Book: 645
  • Deed Page: 901.00
  • Lot Description: Cul-de-Sac Lot, Partially Cleared, Subdivision, Water Depth 4+, Wooded
  • Lot Dimensions: 52 x 120 x 385 x 344 x 750
  • Lot Number: 15
  • Lot Sq Ft: 105415.00
  • Lot Water Features: Boat Dock, Boat Ramp, Boat Slip, Bulkhead, Deeded Waterfront, Water Depth 4+, Waterfront Comm
  • Plat Book: 00
  • Plat Page: 00
  • Cleared Acres: 0.50
  • Acres: 2.42
  • Wooded Acres: 1.90
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 102272.73
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared/Partial, Level, Wooded
  • Lot Number2: 15
  • Lot View Type: River View

Tax Info

  • Tax Identifier: J043-3-15
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 1000.00
  • Deferred Taxes: No

MLS Schools

  • Elementary School: 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 9, 2022
Closed on
May 12, 2022
Sold by
Kirkman and Tammara
Bought by
Pendry Daryl R and Pendry Carolyn B
Seller's Agent
Nancy Crain
Landmark Sotheby's International Realty
Buyer's Agent
DARRELL WIARD
COLDWELL BANKER WILLIS SMITH - ORIENTAL
List Price
$247,500
Sold Price
$216,000
Premium/Discount to List
-$31,500
-12.73%
Current Estimated Value
$280,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,000
Avg. Annual Appreciation
7.88%
Original Mortgage
$162,000
Outstanding Balance
$153,965
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$126,035

Purchase Details

Closed on
Mar 1, 2019
Sold by
Muenchmeyer Gerhard P and Muenchmeyer Patricia
Bought by
Kirkman Jacquin and Kirkman Tamara

Purchase Details

Listed on
Jun 29, 2017
Closed on
Oct 4, 2017
Sold by
Simons Lyle S and Simons Michele
Bought by
Muenchmeyer Gerhard P and Muenchmeyer Patricia
Seller's Agent
Nancy Crain
Landmark Sotheby's International Realty
Buyer's Agent
DARRELL WIARD
COLDWELL BANKER WILLIS SMITH - ORIENTAL
List Price
$139,900
Sold Price
$125,000
Premium/Discount to List
-$14,900
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.55%

Purchase Details

Closed on
Sep 10, 2003
Bought by
Simons Lyle S

Purchase Details

Closed on
May 1, 1984
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
Pendry Daryl R $216,000 Sara L Delamar Delamar & Delam
Kirkman Jacquin $160,000 --
Muenchmeyer Gerhard P $125,000 None Available
Simons Lyle S $79,000 --
-- $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pendry Daryl R $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/24/2022 05/24/22 Sold $216,000 -12.7% --
03/16/2022 03/16/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $247,500 +98.0% --
10/13/2017 10/13/17 Sold $125,000 -10.7% -- View Prior Sale
08/22/2017 08/22/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $139,900 -- --
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 $4,104 $581,049 $131,185 $449,864
2024 $1,169 $165,519 $131,185 $34,334
2023 $1,105 $161,019 $131,185 $29,834
2022 $1,105 $161,019 $131,185 $29,834
2021 $1,105 $161,019 $131,185 $29,834
2020 $1,105 $161,019 $131,185 $29,834
2019 $983 $143,275 $112,500 $30,775
2018 $983 $0 $0 $0
2017 $983 $0 $0 $0
2016 $983 $0 $0 $0
2015 $983 $143,275 $112,500 $30,775
2014 -- $143,275 $112,500 $30,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100311430

Hive MLS

APN: J043-3-15