NOT LISTED FOR SALE

1504 Olde Farm Rd Morehead City, NC 28557

Estimated Value: $136,000 - $158,562

0.4 Acre
$368,202 Price per Acre
17,424 Sq Ft Lot

Last Sold March 01, 2024

Last sale price $150,000

Est. 2% decrease in value since last sale

Current estimated payment $904/month

9 Days on Market

Highlights

  • 36 Feet of Waterfront
  • Boat Dock
  • Community Pool
  • Morehead City Primary School Rated A-
  • Clubhouse
  • Tennis Courts

About This Lot

As of March 2024

Build your dream coastal home in the desirable waterfront community of Mariners Pointe! Mariners Pointe is conveniently located near everything in Morehead City - just a few minutes drive to the downtown waterfront, across the bridge to Atlantic Beach, or to launch your boat at the Morehead City public boat ramp. The community also offers a pool, clubhouse, tennis courts and a community day dock. The lot is cleared and public utilities are available so you can start building right away, or buy now and build later. There aren't many waterfront lots left in the neighborhood, especially at this price! Make Mariners Pointe your new home or beach getaway today!

Last Agent to Sell the Property

B & B Coastal Pr Team

Keller Williams Crystal Coast License #308154 Listed on: 01/13/2024

Keller Williams Crystal Coast

Last Buyer's Agent

Copeland Bernauer Team

Coldwell Banker Sea Coast AB License #213070

Coldwell Banker Sea Coast AB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $870

Lot Details

  • 0.4 Acre Lot
  • Property fronts a marsh
  • 36 Feet of Waterfront
  • Cleared Lot

HOA Fees

  • $58 Monthly HOA Fees

Property Views

  • Water Views

Schools

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

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 638610452666000

Community Details

Overview

  • Cams Association, Phone Number (252) 247-3101
  • Mariner's Pointe Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$870

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Marsh Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 71
  • Water Frontage: 36.00

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Clubhouse, Maint - Comm Areas, Pool, Tennis Court(s)
  • HOAAssociationFee1Year: 700.00
  • HOAAssociationName: CAMS
  • HOAAssociationPhone: 2522473101

Lot Info

  • Deed Page: 270.00
  • Lot Description: Subdivision
  • Lot Number: 10
  • Lot Sq Ft: 17424.00
  • Lot Water Features: Waterfront Comm
  • Plat Book: 31
  • Plat Page: 514
  • Special Assessments: None Known
  • Zoning: Residential
  • Acres: 0.40
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 387500.00
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 10
  • Lot View Type: Marsh View, Water View

Tax Info

  • Tax Identifier: 638610452666000
  • Tax Year: 2023

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2024
Closed on
Feb 12, 2024
Sold by
Smart John Errett and Smart Carissa Lynn
Bought by
Spawn Dew Theresa and Dew Alford B
Seller's Agent
B & B Coastal Pr Team
Keller Williams Crystal Coast
Buyer's Agent
Copeland Bernauer Team
Coldwell Banker Sea Coast AB
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Views
15
Current Estimated Value
$147,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,719
Avg. Annual Appreciation
-1.10%

Purchase Details

Listed on
Nov 1, 2017
Closed on
Mar 21, 2022
Sold by
Zobler and Donna
Bought by
Smart John Errett and Smart Carissa Lynn
Buyer's Agent
Mary Cheatham King
Keller Williams Crystal Coast
List Price
$94,900
Sold Price
$92,000
Premium/Discount to List
-$2,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.66%
Original Mortgage
$73,600
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2006
Sold by
Natures Own Land Co
Bought by
Zobler John and Zobler Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,100
Interest Rate
6.27%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Spawn Dew Theresa $150,000 None Listed On Document
Dew Theresa Spawn $150,000 None Listed On Document
Smart John Errett $92,000 Renfrow Ryan S
Zobler John $149,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smart John Errett $73,600
Previous Owner Zobler John $134,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2024 03/01/24 Sold $150,000 -3.2% --
01/22/2024 01/22/24 Pending -- -- --
01/13/2024 01/13/24 For Sale $155,000 +68.5% --
03/25/2022 03/25/22 Sold $92,000 -3.1% -- View Prior Sale
02/10/2022 02/10/22 Pending -- -- --
11/01/2017 11/01/17 For Sale $94,900 -- --
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 $870 $153,266 $153,266 $0
2024 $450 $60,000 $60,000 $0
2023 $204 $60,000 $60,000 $0
2022 $198 $60,000 $60,000 $0
2021 $198 $60,000 $60,000 $0
2020 $198 $60,000 $60,000 $0
2019 $98 $31,500 $31,500 $0
2017 $99 $31,860 $31,860 $0
2016 $99 $31,860 $31,860 $0
2015 $96 $31,860 $31,860 $0
2014 $185 $61,710 $61,710 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100422059

Hive MLS

APN: 6386.10.45.2666000