NOT LISTED FOR SALE

1509 Olde Farm Rd Morehead City, NC 28557

Estimated Value: $604,000 - $693,000

4 Beds
3 Baths
2,557 Sq Ft
$254/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $493,065 $193 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,733/month

146 Days on Market

Highlights

  • Waterfront Community
  • Boat Dock
  • Main Floor Primary Bedroom
  • Morehead City Primary School Rated A-
  • Clubhouse
  • Corner Lot

About This Home

As of September 2022

You will not want to miss out on this chance to own a beautifully constructed home in Mariner's Pointe - one of Morehead City's most desired waterfront communities. Welcome to the Cotswold III by Windsor Homes. This newly constructed home will feature 4 bedrooms and 3 bathrooms in over 2500 square feet of living space. You will love the many upgrades this home will offer such as coffered ceilings, shiplap walls, wainscoting, granite countertops, 9' ceilings on the first floor, LVP flooring, stainless steel appliances a covered back porch and maintenance free Ascend Composite Cladding siding. You will also love the great amenities that Mariner's Pointe offers including a community clubhouse, pool, tennis courts and day dock. WH2001

Last Agent to Sell the Property

Amy Cook

Keller Williams Crystal Coast License #311927 Listed on: 09/13/2021

Last Buyer's Agent

Meredith & Matt Team Johnson

RE/MAX Ocean Properties License #210529

RE/MAX Ocean Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,502

Year Built

  • Built in 2022

Lot Details

  • 0.3 Acre Lot
  • Corner Lot

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Block Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,557 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Gas Log Fireplace
  • Formal Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 638610451358000

Community Details

Overview

  • Mariner's Pointe Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

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

Security

  • Resident Manager or Management On Site
  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,502

Year Built

Built in 2022

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: Yes
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Gas Logs, Ceiling - Trey, 9Ft+ Ceilings
  • Laundry Location: Room
  • List Price per Sq Ft: 189.64
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Sq Ft Heated: 2557.00
  • Total Heated Primary Separate Sq Ft: 2557.00

Exterior Features

  • Exterior Features: Gas Logs, Security Lighting
  • Exterior Finish: See Remarks
  • Fencing: None
  • Foundation: Block, Slab
  • Porch Balcony Deck: Covered, Patio
  • Road Type Frontage: Paved
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Tennis Court(s), Maint - Comm Areas, Management, Community Pool, Clubhouse
  • HOAAssociationFee1Year: 700.00

Lot Info

  • Deed Page: 95.00
  • Lot Acres: 0.30
  • Lot Description: Corner Lot
  • Lot Dimensions: irregular
  • Lot Sq Ft: 13155.00
  • Lot Water Features: Boat Dock, Waterfront Comm
  • Plat Book: 31
  • Plat Page: 514
  • Zoning: Res

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: 638610451358000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Sep 21, 2022
Sold by
Windsor Investments Llc
Bought by
Hassing Finn and Hassing Janet
Seller's Agent
Amy Cook
Keller Williams Crystal Coast
Buyer's Agent
Meredith & Matt Team Johnson
RE/MAX Ocean Properties
List Price
$484,900
Sold Price
$493,065
Premium/Discount to List
$8,165
1.68%
Views
25
Current Estimated Value
$650,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,471
Avg. Annual Appreciation
9.85%

Purchase Details

Listed on
Dec 31, 2020
Closed on
Jun 15, 2021
Sold by
Landers Zachary I and Landers Jessica
Bought by
Windsor Investments Llc
Buyer's Agent
Amy Cook
Sand Dollar Realty
List Price
$69,000
Sold Price
$67,000
Premium/Discount to List
-$2,000
-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
375.57%
Original Mortgage
$48,750
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 25, 2006
Sold by
Natures Own Land Co
Bought by
Williams Robert M and Williams Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,150
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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
Hassing Finn $493,500 --
Hassing Finn $493,500 None Listed On Document
Windsor Investments Llc $67,000 None Available
Williams Robert M $99,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Windsor Investments Llc $249,058
Previous Owner Windsor Investments Llc $48,750
Previous Owner Williams Robert M $84,150
Previous Owner Williams Robert M $84,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $493,065 +1.7% $193 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
09/11/2021 09/11/21 For Sale $484,900 +623.7% $190 / Sq Ft
06/18/2021 06/18/21 Sold $67,000 -2.9% --
05/04/2021 05/04/21 Pending -- -- --
12/31/2020 12/31/20 For Sale $69,000 +30.2% --
12/19/2019 12/19/19 Sold $53,000 -11.5% --
12/06/2019 12/06/19 Pending -- -- --
09/26/2019 09/26/19 For Sale $59,900 -- --
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 $2,502 $320,593 $54,000 $266,593
2023 $1,090 $320,593 $54,000 $266,593
2022 $178 $320,593 $54,000 $266,593
2021 $0 $54,000 $54,000 $0
2020 $178 $54,000 $54,000 $0
2019 $98 $31,500 $31,500 $0
2017 $98 $31,500 $31,500 $0
2016 $98 $31,500 $31,500 $0
2015 $95 $31,500 $31,500 $0
2014 $100 $33,250 $33,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100290392

Hive MLS

APN: 6386.10.45.1358000