Seller's Agent in 2023
Margaret Hitchcock
Hitchcock Realty & Associates, LLC
(252) 618-9988
24 in this area
68 Total Sales
1607 Shepard St Morehead City, NC 28557
Estimated Value: $656,000 - $781,000
3
Beds
1
Bath
1,024
Sq Ft
$695/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Water Access
- Wood Flooring
- Morehead City Primary School Rated A-
- Home fronts a sound
- 2-minute walk to Shevans Park
About This Home
As of July 2023You know what they say, buy the worst-looking home in the most desirable community and you will be happy you did! So, kiss this FROG and it will turn into a handsome Prince. Well, not exactly, but if you watch enough HGTV, have that special Decorator touch and some vision you can turn this neglected 3 bedroom, 1 bath home into one of the best homes in the most desirable ''Promise Land'' neighborhood. This coastal cottage is loaded with potentials but make no mistake, there is work to be done. The house was built in 1940, has an original fireplace and hardwood flooring throughout which explains its incredible character and Southern charm. With this property, the choices are innumerable being located on the third lot from the sound and within walking distance to all. From this address, you can simply enjoy all the fun of Downtown Morehead City Waterfront, enjoy the water accesses and admire the water views from each numbered street, or launch your boat at the boat ramp right down the road. This property affords quick access to many events/festivals such as NC Seafood Festival, Big Rock Blue Marlin Tournament, Saint Egberts church/private school, Shevans Park, restaurants, marinas, a fishing pier, recreational facilities, boutique shops/retail stores and more! This home would make a superb vacation rental/Air B&B producing you a passive income, a vacation/second home, a full-time primary residence, or retirement home. See its potential and the possibilities. You could also demolish the home, build a new one and have an amazing water view from the second story. Call us today for more information and your private showing.
Last Agent to Sell the Property
Hitchcock Realty & Associates, LLC License #243602 Listed on: 05/10/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,201
Year Built
- Built in 1940
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50 x 120 x 50 x 120
- Home fronts a sound
- Open Lot
Parking
- On-Street Parking
Home Design
- Wood Frame Construction
- Architectural Shingle Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,024 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Combination Dining and Living Room
- Wood Flooring
- Crawl Space
- Pull Down Stairs to Attic
- Stove
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Water Access
- Covered Patio or Porch
Schools
- Morehead City Elementary School
- Morehead City Middle School
- West Carteret High School
Utilities
- Heat Pump System
Listing and Financial Details
- Tax Lot 12
- Assessor Parcel Number 638618304879000
Community Details
Overview
- No Home Owners Association
- Morehead City Subdivision
Amenities
- Picnic Area
Recreation
- Community Beach Access
- Tennis Courts
- Community Playground
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 19, 2025
Sold by
East Kinston Housing Llc
Bought by
Slack Tide Properties Llc
Current Estimated Value
Purchase Details
Listed on
May 10, 2023
Closed on
Jun 22, 2023
Sold by
Katherine T Kellogg Revocable Trust
Bought by
East Kinston Housing Llc
Seller's Agent
Margaret Hitchcock
Hitchcock Realty & Associates, LLC
Buyer's Agent
B & B Coastal Pr Team
Keller Williams Crystal Coast
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Views
60
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.78%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Slack Tide Properties Llc | $712,000 | None Listed On Document | |
| Slack Tide Properties Llc | $712,000 | None Listed On Document | |
| East Kinston Housing Llc | $405,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/11/2023 07/11/23 | Sold | $405,000 | -4.7% | $396 / Sq Ft |
| 06/29/2023 06/29/23 | Pending | -- | -- | -- |
| 06/27/2023 06/27/23 | For Sale | $425,000 | 0.0% | $415 / Sq Ft |
| 06/27/2023 06/27/23 | Price Changed | $425,000 | +6.3% | $415 / Sq Ft |
| 05/16/2023 05/16/23 | Pending | -- | -- | -- |
| 05/10/2023 05/10/23 | For Sale | $400,000 | -- | $391 / Sq Ft |
Source: Hive MLS
Tax History Compared to Growth
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 | $3,658 | $627,291 | $272,406 | $354,885 |
| 2024 | $2,407 | $307,879 | $253,125 | $54,754 |
| 2023 | $1,062 | $307,879 | $253,125 | $54,754 |
| 2022 | $1,031 | $307,879 | $253,125 | $54,754 |
| 2021 | $1,031 | $307,879 | $253,125 | $54,754 |
| 2020 | $1,031 | $307,879 | $253,125 | $54,754 |
| 2019 | $838 | $265,464 | $205,312 | $60,152 |
| 2017 | $838 | $265,464 | $205,312 | $60,152 |
| 2016 | $838 | $265,464 | $205,312 | $60,152 |
| 2015 | $811 | $265,464 | $205,312 | $60,152 |
| 2014 | -- | $272,517 | $203,110 | $69,407 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Hitchcock
-
Sylvia Rola
Seller Co-Listing Agent in 2023
Sylvia Rola
Hitchcock Realty & Associates, LLC
(252) 622-2294
23 in this area
79 Total Sales
-
B & B Coastal Pr Team
B
Buyer's Agent in 2023
B & B Coastal Pr Team
Keller Williams Crystal Coast
(910) 459-9224
14 in this area
82 Total Sales
Map
Source: Hive MLS
MLS Number: 100383786
APN: 6386.18.30.4879000
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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
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