NOT LISTED FOR SALE

1505 Otter Ct Morehead City, NC 28557

Estimated Value: $593,484 - $725,000

4 Beds
3 Baths
2,585 Sq Ft
$258/Sq Ft Est. Value

Last Sold May 02, 2013

Last sale price $304,100 $118 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,794/month

298 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Morehead City Primary School Rated A-
  • 1 Fireplace
  • Tray Ceiling

About This Home

As of May 2013

4 Bedroom 3 bath Home w/ Bonus Room, Situated in the Sought-After Blair Farm Community in Morehead City. Features Include Fenced in Back Yard,Irrigation System, Hardwood Floors, Formal dining, Breakfast Nook, Open Great Room, Granite Counter Tops, Bonus Room, 2 Double Garages, and Back Deck with Trex Planking. Blair Farm Amenities include Pool, Clubhouse, Tennis, Playground.

Last Agent to Sell the Property

AWE-SOME Team Lisa Lee & Matt Cole

Weichert Realtors At Wave's Edge License #236706 Listed on: 06/01/2012

Last Buyer's Agent

Coastal 1 Team.

Realty World First Coast Rlty License #233375

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,496

Year Built

  • Built in 2007

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 49 x 201 x 215 x 183

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,585 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • 1 Fireplace
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Blair Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 638606394915000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,496

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: Ceiling - Trey
  • List Price per Sq Ft: 130.56
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Sq Ft Heated: 2585.00
  • Total Heated Primary Separate Sq Ft: 2585.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Garage And Parking Other See Remarks: 2 Double Garages
  • Total Garage Spaces: 4.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Microwave - Built-In
  • Cooling System: Central
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water

Lot Info

  • Lot Acres: 0.49
  • Lot Dimensions: 49 X 201 X 215 X 183
  • Lot Sq Ft: 21344.40

Tax Info

  • Tax Identifier: 638606394915000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2012
Closed on
Apr 26, 2013
Sold by
Jones Betty T
Bought by
Jones Betty T
Seller's Agent
AWE-SOME Team Lisa Lee & Matt Cole
Weichert Realtors At Wave's Edge
Buyer's Agent
Coastal 1 Team.
Realty World First Coast Rlty
List Price
$387,500
Sold Price
$304,100
Premium/Discount to List
-$83,400
-21.52%
Current Estimated Value
$667,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,771
Avg. Annual Appreciation
6.50%
Original Mortgage
$292,531
Outstanding Balance
$204,417
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$463,454

Purchase Details

Listed on
Jun 1, 2012
Closed on
Apr 25, 2013
Sold by
Jones Jerry and Jones Terri
Bought by
Tumolo Maureen Alice
Seller's Agent
AWE-SOME Team Lisa Lee & Matt Cole
Weichert Realtors At Wave's Edge
Buyer's Agent
Coastal 1 Team.
Realty World First Coast Rlty
List Price
$387,500
Sold Price
$304,100
Premium/Discount to List
-$83,400
-21.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,531
Outstanding Balance
$204,417
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$463,454

Purchase Details

Closed on
Jun 21, 2010
Sold by
Jones Betty T
Bought by
Jones Betty T and The Betty T Jones Revocable Trust

Purchase Details

Closed on
Mar 31, 2008
Sold by
Randy Bryant Builders Inc
Bought by
Jones Jerry and Jones Terri

Purchase Details

Closed on
Apr 11, 2007
Sold by
Copeland Alexander L and Copeland Eleanor P
Bought by
Randy Bryant Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 30, 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
Jones Betty T -- None Available
Tumolo Maureen Alice $304,500 None Available
Jones Betty T -- None Available
Jones Betty T $211,000 None Available
Jones Jerry $333,000 None Available
Randy Bryant Builders Inc $120,000 None Available
-- $28,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tumolo Maureen Alice $292,531
Previous Owner Randy Bryant Builders Inc $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2013 05/02/13 Sold $304,100 -21.5% $118 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
06/01/2012 06/01/12 For Sale $387,500 -- $150 / Sq Ft
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 $3,496 $598,706 $98,810 $499,896
2024 $2,509 $321,527 $76,334 $245,193
2023 $1,108 $321,527 $76,334 $245,193
2022 $1,076 $321,527 $76,334 $245,193
2021 $0 $321,527 $76,334 $245,193
2020 $1,076 $321,527 $76,334 $245,193
2019 $1,034 $328,756 $76,334 $252,422
2017 $1,034 $328,756 $76,334 $252,422
2016 $1,034 $328,756 $76,334 $252,422
2015 $1,001 $328,756 $76,334 $252,422
2014 $1,118 $367,818 $92,590 $275,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 11203210

Hive MLS

APN: 6386.06.39.4915000