NOT LISTED FOR SALE

1507 Olde Farm Morehead City, NC 28557

Estimated Value: $559,300 - $725,000

0.35 Acre
$1,848,071 Price per Acre
15,246 Sq Ft Lot

Last Sold August 08, 2022

Last sale price $143,223

Est. 352% increase in value since last sale

Current estimated payment $3,648/month

64 Days on Market

Highlights

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

About This Lot

As of August 2022

READY TO BUILD! Fantastic cleared and level lot, ready to build in the beautiful waterfront community of Mariner's Point! Great amenities include clubhouse, tennis, pool, and day dock. Located in the heart of Morehead City, convenient to Crystal Coast Beaches, area schools, and local shopping, dining, and entertainment. Surrounded by Calico Bay and Crab Point Bay, you're just a quick boat ride to Beaufort or Shackleford Banks!

Last Agent to Sell the Property

Barefoot Chandler Group Team

Barefoot-Chandler & Associates License #230527 Listed on: 04/01/2022

Last Buyer's Agent

Meredith & Matt Team Johnson

RE/MAX Ocean Properties License #210529

RE/MAX Ocean Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $426

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 74x224x72x205
  • Level Lot
  • Cleared Lot

Schools

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

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 638610452329000

Community Details

Overview

  • Property has a Home Owners Association
  • Mariners Point Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Waterfront Community
  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$426

Lot Details

0

Listing Details

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

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 74

Utilities

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

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Dock, Maint - Comm Areas, Pool, Street Lights, Tennis

Lot Info

  • Deed Book: 1206
  • Deed Page: 286.00
  • Lot Dimensions: 74x224x72x205
  • Lot Number: 4
  • Lot Sq Ft: 15246.00
  • Lot Water Features: Waterfront Comm
  • Plat Book: 31
  • Plat Page: 514
  • Special Assessments: None known
  • Zoning: R
  • Cleared Acres: 0.35
  • Acres: 0.35
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 399714.29
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level
  • Lot Number2: 4

Tax Info

  • Tax Identifier: 638610452329000
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 426.00
  • Deferred Taxes: No

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
Apr 1, 2022
Closed on
Sep 20, 2022
Sold by
Lee Design Build Llc
Bought by
Simmons Charles E and Simmons Katherine J
Seller's Agent
Barefoot Chandler Group Team
Barefoot-Chandler & Associates
Buyer's Agent
Meredith & Matt Team Johnson
RE/MAX Ocean Properties
List Price
$139,900
Sold Price
$143,223
Premium/Discount to List
$3,323
2.38%
Current Estimated Value
$646,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,602
Avg. Annual Appreciation
62.64%

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jun 18, 2022
Sold by
Lynch Douglas E and Lynch Christeen K
Bought by
Lee Design Build Llc
Seller's Agent
Barefoot Chandler Group Team
Barefoot-Chandler & Associates
Buyer's Agent
Meredith & Matt Team Johnson
RE/MAX Ocean Properties
List Price
$139,900
Sold Price
$143,223
Premium/Discount to List
$3,323
2.38%

Purchase Details

Closed on
Oct 25, 2006
Sold by
Natures Own Land Co
Bought by
Lynch Douglas E and Lynch Christeen K
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 Buyer Sale Price Title Company
Simmons Charles E -- --
Simmons Charles E -- None Listed On Document
Lee Design Build Llc $143,000 Whaley Debra
Lee Design Build Llc $143,000 Whaley Debra
Lynch Douglas E $129,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2022 08/08/22 Sold $143,223 +2.4% --
06/04/2022 06/04/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $139,900 -- --
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 $2,422 $309,889 $60,000 $249,889
2023 $200 $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 $88 $28,350 $28,350 $0
2016 $88 $28,350 $28,350 $0
2015 $85 $28,350 $28,350 $0
2014 -- $30,800 $30,800 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Hive MLS

MLS Number: 100320060

Hive MLS

APN: 6386.10.45.2329000

North Carolina Carteret County Morehead City 28557

1507 Olde Farm, Morehead City, NC

This home is located at 1507 Olde Farm, Morehead City, NC 28557 since 01 April 2022 and is currently estimated at $646,825. 1507 Olde Farm 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