NOT LISTED FOR SALE

1405 Marsh Pointe Morehead City, NC 28557

Estimated Value: $835,133 - $1,125,000

0.51 Acre
$1,828,006 Price per Acre
22,216 Sq Ft Lot

Last Sold April 18, 2016

Last sale price $68,000

Est. 1,271% increase in value since last sale

Current estimated payment $5,338/month

1,322 Days on Market

Highlights

  • 131 Feet of Waterfront
  • Clubhouse
  • Community Pool
  • Morehead City Primary School Rated A-
  • Wooded Lot
  • Tennis Courts

About This Lot

As of April 2016

Contact listing broker, Sharon Barnes, coastal properties expert since 1986! 252-241-2095, sbarnes2095@gmail.com.Large marsh front lot on quiet culdesac. Many lovely homes already built on this street! Blair Farm community features pool, clubhouse and tennis courts. Conveniently located! Fantastic price!

Last Agent to Sell the Property

Sharon Barnes

Realty World First Coast Realty Beaufort Listed on: 07/12/2012

Last Buyer's Agent

Kenneth Wagner

License #51201

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $235

Lot Details

  • 0.51 Acre Lot
  • 131 Feet of Waterfront
  • Cul-De-Sac
  • Wooded 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 58
  • Assessor Parcel Number 638607583533000

Community Details

Overview

  • Www.Blairfarm.Com HOA, Phone Number (252) 646-2027
  • Blair Farm Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$235

Lot Details

0

HOA Fees

$38 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: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 100
  • Water Frontage: 131.00

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Pool, See Remarks, Tennis
  • Annual HOA: 450.00
  • HOA Company: www.blairfarm.com
  • HOA Phone: 252-646-2027

Lot Info

  • Deed Book: 1185
  • Deed Page: 115.00
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: irreg X irreg X irreg X irreg
  • Lot Number: 58
  • Lot Sq Ft: 22216.00
  • Plat Book: 30.00
  • Plat Page: 305
  • Acres: 0.51
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 137058.82
  • Soil Evaluation Other: public sewer
  • Topography: Wooded
  • Lot Number2: 58

Tax Info

  • Tax Identifier: 638607583533000
  • Tax Year: 2015
  • Total City Real Estate Property Tax: 201.72
  • Total Real Estate Property Taxes: 235.34

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

Listed on
Jul 12, 2012
Closed on
Apr 14, 2016
Sold by
Gilgo Patricia L and Gilgo Lionel
Bought by
Davis Braxton C and Davis Jennifer
Seller's Agent
Sharon Barnes
Realty World First Coast Realty Beaufort
Buyer's Agent
Kenneth Wagner
List Price
$125,000
Sold Price
$68,000
Premium/Discount to List
-$57,000
-45.6%
Current Estimated Value
$932,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,283
Avg. Annual Appreciation
31.62%
Original Mortgage
$51,000
Outstanding Balance
$40,463
Interest Rate
3.64%
Mortgage Type
Commercial
Estimated Equity
$891,820

Purchase Details

Closed on
May 3, 2005
Sold by
Gilgo Patricia L
Bought by
Gilgo Patricia L

Purchase Details

Closed on
Feb 27, 2004

Purchase Details

Closed on
Feb 26, 2004

Purchase Details

Closed on
Sep 10, 2003
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
Davis Braxton C $68,000 Attorney
Gilgo Patricia L -- None Available
Gilgo Patricia L -- None Available
-- -- --
-- -- --
-- $70,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Braxton C $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2016 04/18/16 Sold $68,000 -45.6% --
02/24/2016 02/24/16 Pending -- -- --
07/12/2012 07/12/12 For Sale $125,000 -- --
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 $4,934 $852,150 $154,184 $697,966
2024 $3,807 $494,555 $73,962 $420,593
2023 $1,696 $494,555 $73,962 $420,593
2022 $1,647 $494,555 $73,962 $420,593
2021 $1,647 $494,555 $73,962 $420,593
2020 $803 $238,767 $73,962 $164,805
2019 $719 $232,044 $67,239 $164,805
2017 $208 $67,239 $67,239 $0
2016 $208 $67,239 $67,239 $0
2015 $202 $67,239 $67,239 $0
2014 -- $101,100 $101,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 11203268

Hive MLS

APN: 6386.07.58.3533000