$110,000
SOLD AUG 20, 2018

1402 Olde Farm Rd Morehead City, NC 28557

0.43 Acre
$255,814 Price per Acre
18,731 Sq Ft Lot

Recently Sold

8% Below List Price

218 Days on Market

Highlights

  • 89 Feet of Waterfront
  • Boat Dock
  • Level Lot
  • Morehead City Primary School Rated A-

About This Lot

As of November 2020

BEAUTIFUL WATER FRONT / WATER VIEW LOT. Great place to build your dream home! Great neighborhood. Close to town, hospital, grocery stores, shopping. Ability to build an observation pier. CHECK OUT THIS BEAUTIFUL PIECE OF PROPERTY!

Last Agent to Sell the Property

Camille Gardner

Bluewater Real Estate AB License #296242 Listed on: 11/13/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30

Lot Details

  • 0.43 Acre Lot
  • 89 Feet of Waterfront
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • Water Views

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 6386.10.45.5688000

Community Details

Overview

  • Pinnacle Point HOA
  • Pinnacle Pointe Subdivision

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$30

Lot Details

0

HOA Fees

$13 per month

Listing Details

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

Exterior Features

  • Road Type Frontage: Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 81
  • Water Frontage: 89.00

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Dock
  • Annual HOA: 150.00
  • HOA Company: Pinnacle Point HOA

Lot Info

  • Deed Book: 1343
  • Deed Page: 221.00
  • Lot Description: Subdivision
  • Lot Sq Ft: 18861.00
  • Lot Water Features: Waterfront Comm
  • Plat Book: 31
  • Plat Page: 621
  • Zoning: Residential
  • Acres: 0.43
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 255813.95
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level

Tax Info

  • Tax Identifier: 6386.10.45.5688000
  • Tax Year: 2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Nov 3, 2020
Sold by
Ferree Walter Franklin
Bought by
Pleasants Christopher and Pleasants Mary Alison
Seller's Agent
Catherine Gainey
Bluewater Real Estate AB
Buyer's Agent
A Non Member
A Non Member
List Price
$115,000
Sold Price
$98,500
Premium/Discount to List
-$16,500
-14.35%
Current Estimated Value
$672,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$574,265
Avg. Annual Appreciation
49.64%

Purchase Details

Listed on
Nov 13, 2017
Closed on
Aug 7, 2018
Sold by
Carmody Jason and Carmody Cynthia
Bought by
Ferree Walter Franklin
Seller's Agent
Camille Gardner
Bluewater Real Estate AB
List Price
$120,000
Sold Price
$110,000
Premium/Discount to List
-$10,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.85%
Original Mortgage
$577,600
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 9, 2017
Closed on
Jun 27, 2017
Sold by
Clodfelter William C
Bought by
Carmody Jason R and Carmody Cynthia
Seller's Agent
Norwood Jackson
Realty World First Coast Rlty
Buyer's Agent
Camille Gardner
Bluewater Real Estate AB
List Price
$99,900
Sold Price
$97,000
Premium/Discount to List
-$2,900
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
Original Mortgage
$72,750
Interest Rate
4.05%
Mortgage Type
Unknown

Purchase Details

Closed on
May 28, 2010
Sold by
Rjp Newport Corporation
Bought by
Clodfelter William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.03%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $98,500 None Available
Warranty Deed $110,000 None Available
Warranty Deed $97,000 None Available
Warranty Deed $115,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $436,800 New Conventional
Previous Owner $577,600 Future Advance Clause Open End Mortgage
Previous Owner $72,750 Unknown
Previous Owner $80,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2020 11/09/20 Sold $98,500 -14.3% --
10/05/2020 10/05/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $115,000 +4.5% --
08/20/2018 08/20/18 Sold $110,000 -8.3% --
06/19/2018 06/19/18 Pending -- -- --
11/13/2017 11/13/17 For Sale $120,000 +23.7% --
06/27/2017 06/27/17 Sold $97,000 -2.9% --
05/13/2017 05/13/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $99,900 -- --
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
2024 $30 $382,999 $100,000 $282,999
2023 $1,317 $382,999 $100,000 $282,999
2022 $614 $186,138 $100,000 $86,138
2021 $0 $100,000 $100,000 $0
2020 $330 $100,000 $100,000 $0
2019 $242 $78,000 $78,000 $0
2017 $242 $78,000 $78,000 $0
2016 $242 $78,000 $78,000 $0
2015 $234 $78,000 $78,000 $0
2014 $314 $104,500 $104,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Catherine Gainey

    Seller's Agent in 2020

    Catherine Gainey

    Bluewater Real Estate AB

    (252) 725-0996

    12 in this area

    52 Total Sales

    Section Image

  • A

    Buyer's Agent in 2020

    A Non Member

    A Non Member

  • Camille Gardner

    Seller's Agent in 2018

    Camille Gardner

    Bluewater Real Estate AB

    (252) 499-0181

    6 in this area

    22 Total Sales

    Section Image

  • N

    Seller's Agent in 2017

    Norwood Jackson

    Realty World First Coast Rlty

See All Agents

Map

Source: Hive MLS

MLS Number: 100089721

Hive MLS

APN: 6386.10.45.5688000

North Carolina Carteret County Morehead City 28557

1402 Olde Farm Rd, Morehead City, NC

This home is located at 1402 Olde Farm Rd, Morehead City, NC 28557 and is currently priced at $110,000. 1402 Olde Farm Rd 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.

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. ©2025 Hive MLS LLC

Nearby Homes