NOT LISTED FOR SALE

1402 Marsh Pointe Morehead City, NC 28557

Estimated Value: $906,000 - $1,119,000

0.54 Acre
$1,873,054 Price per Acre
23,522 Sq Ft Lot

Last Sold December 03, 2014

Last sale price $83,000

Est. 1,119% increase in value since last sale

Current estimated payment $5,774/month

99 Days on Market

Highlights

  • Waterfront
  • Water Views
  • Community Pool
  • Morehead City Primary School Rated A-
  • Clubhouse
  • Tennis Courts

About This Lot

As of December 2014

One of the last remaining marsh front lots in Blair Farm. Great spot for an elevated home to take advantage of beautiful water views! Located at the end of a cul-de-sac. Neighborhood amenities include: swimming pool, clubhouse and tennis!

Last Agent to Sell the Property

The Star Team

The Star Team Listed on: 07/10/2014

Last Buyer's Agent

Sally Seller

Non Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,188

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 51 x 164 x 228 x 252
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $38 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • Morehead City Primary Elementary School
  • Morehead City Middle School
  • West Carteret High School

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 638607586358000

Community Details

Overview

  • Blair Farm Subdivision

Amenities

  • Clubhouse

Recreation

  • Waterfront
  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$1,188

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: B
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes

Utilities

  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Pool, Tennis
  • Annual HOA: 450.00

Lot Info

  • Deed Book: 1020
  • Deed Page: 118.00
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 51 X 164 X 228 X 252
  • Lot Number: 54
  • Lot Sq Ft: 23522.40
  • Lot Water Features: Waterfront Comm
  • Acres: 0.54
  • Current Use: Residential
  • List Price per Acre: 180555.56
  • Topography: Level
  • Lot Number2: 54

Tax Info

  • Tax Identifier: 638607586358000
  • Tax Year: 2014
  • Total Real Estate Property Taxes: 1187.92

MLS Schools

  • Elementary School: Morehead City Primary
  • High School: West Carteret
  • Middle School: Morehead City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2019
Sold by
Mercer Jimmy M and Mercer Nita T
Bought by
Vaughn Jonathan Lee and Vaughn Anna Kasey
Current Estimated Value
$1,011,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$476,003
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$535,446

Purchase Details

Closed on
Dec 2, 2016
Sold by
Cameron Edmund M and Cameron Michele F
Bought by
Mercer Jimmy M and Mercer Nita T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 1, 2003
Source: Public Records

Range of Values:

Collateral Analytics

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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
Vaughn Jonathan Lee $675,000 None Available
Mercer Jimmy M $90,000 None Available
-- $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughn Jonathan Lee $540,000
Previous Owner Mercer Jimmy M $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2014 12/03/14 Sold $83,000 -30.3% --
10/17/2014 10/17/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $119,000 -- --
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 $5,168 $893,419 $152,648 $740,771
2024 $3,835 $498,250 $101,949 $396,301
2023 $1,709 $498,250 $101,949 $396,301
2022 $1,732 $520,359 $101,949 $418,410
2021 $1,732 $520,359 $101,949 $418,410
2020 $1,732 $520,359 $101,949 $418,410
2019 $1,565 $500,076 $82,664 $417,412
2017 $256 $500,076 $82,664 $417,412
2016 $256 $82,664 $82,664 $0
2015 $248 $82,664 $82,664 $0
2014 $566 $188,559 $188,559 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    The Star Team

    The Star Team

  • S

    Buyer's Agent in 2014

    Sally Seller

    Non Member Office

See All Agents

Map

Source: Hive MLS

MLS Number: 11403352

Hive MLS

APN: 6386.07.58.6358000

North Carolina Carteret County Morehead City 28557

1402 Marsh Pointe, Morehead City, NC

This home is located at 1402 Marsh Pointe, Morehead City, NC 28557 since 10 July 2014 and is currently estimated at $1,011,449. 1402 Marsh Pointe is a home located in Carteret County with nearby schools including Morehead City Primary School, Morehead Elementary School at Camp Glenn, and Morehead City Middle School.

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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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