NOT LISTED FOR SALE

1639 Florence Rd Merritt, NC 28556

Estimated Value: $187,000 - $611,000

21.89 Acres
$21,140 Price per Acre
953,528 Sq Ft Lot

Last Sold July 18, 2019

Last sale price $81,000

Est. 471% increase in value since last sale

Current estimated payment $2,605/month

120 Days on Market

Highlights

  • 557 Feet of Waterfront
  • Home fronts a creek
  • Wetlands on Lot
  • Pamlico County Middle School Rated 9+
  • 21.89 Acre Lot
  • Wooded Lot

About This Lot

As of July 2019

Motivated Sellers - Bring Offers Rural retreat over 21 acres with private pond and water front on Thomas Creek accessing the Bay River. Partially cleared with septic permit on file and existing county water. No deed restrictions. Make this your own family retreat or ready for development. Structures include a metal building approximately 40 X 40, separate metal shed 10 X 24 and horse stall 14 X 29. Beautiful man-made pond is a private swimming hole and ready to be stocked for fishing. It may be a rural setting but only a short drive to Bayboro and New Bern.

Last Agent to Sell the Property

Sharon Overholt

Century 21 Coastal Advantage License #258064 Listed on: 02/28/2019

Century 21 Coastal Advantage

Last Buyer's Agent

MARY SILVER

Keller Williams Realty License #255124

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $580

Lot Details

  • 21.89 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Property fronts a marsh
  • 557 Feet of Waterfront
  • Home fronts a canal
  • Rural Setting
  • Cleared Lot
  • Wooded Lot
  • Marsh on Lot

Schools

  • Pamlico County Primary Elementary School
  • Pamlico County Middle School
  • Pamlico County High School

Additional Features

  • Water Views
  • In Flood Plain
  • Septic Permit Issued

Listing and Financial Details

  • Assessor Parcel Number I05-43

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$580

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Recreation
  • Cobra Zone: No
  • Road Frontage Type: Canal Front, Creek Front, Marsh Front, Pond Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 1420
  • Water Frontage: 557.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Tideland Electric
  • Service Providers Water Provider: Pamlico County
  • Utilities: County Water, Septic Permit on file

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Pamlico

Lot Info

  • Deed Page: 160.00
  • Lot Description: Partially Cleared, Rural, See Remarks, Wetlands, Wooded
  • Lot Dimensions: irregular
  • Lot Sq Ft: 953528.00
  • Plat Book: 1
  • Plat Page: 95
  • Acres: 21.89
  • Current Use: Recreational
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 3654.64
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared/Partial, Flood Plain, Marsh/Wetland, Watershed, Wooded

Tax Info

  • Tax Identifier: I05-43
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 579.55

MLS Schools

  • Elementary School: Pamlico County Primary
  • High School: Pamlico County
  • High School2: Pamlico County
  • Middle School: Pamlico County
  • Middle School2: Pamlico County
  • School District: Pamlico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Jul 12, 2019
Sold by
Owen Jeremy and Owen Wanda
Bought by
Ryan Thomas R and Byland Abigail M
Seller's Agent
Sharon Overholt
Century 21 Coastal Advantage
Buyer's Agent
MARY SILVER
Keller Williams Realty
List Price
$100,000
Sold Price
$81,000
Premium/Discount to List
-$19,000
-19%
Current Estimated Value
$462,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$381,746
Avg. Annual Appreciation
32.58%

Purchase Details

Closed on
May 10, 2018
Sold by
Plumlee Bill L and Plumlee Margaret T
Bought by
Owen Jeremy and Owen Wanda

Purchase Details

Closed on
Feb 5, 2004
Bought by
Plumlee Bill L
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
Ryan Thomas R -- --
Owen Jeremy $150,000 --
Plumlee Bill L $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Thomas R $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2019 07/18/19 Sold $81,000 -19.0% --
06/26/2019 06/26/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $100,000 -- --
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 $1,934 $273,783 $95,896 $177,887
2024 $1,934 $273,783 $95,896 $177,887
2023 $1,879 $273,783 $95,896 $177,887
2022 $1,344 $195,796 $95,896 $99,900
2021 $809 $117,810 $95,896 $21,914
2020 $809 $117,810 $95,896 $21,914
2019 $564 $82,185 $74,409 $7,776
2018 $564 $0 $0 $0
2017 $564 $0 $0 $0
2016 $564 $0 $0 $0
2015 $564 $82,185 $74,409 $7,776
2014 $564 $82,185 $74,409 $7,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100152444

Hive MLS

APN: I05-43