NOT LISTED FOR SALE

1821 Olde Farm Rd Morehead City, NC 28557

Estimated Value: $800,272 - $934,000

4 Beds
3 Baths
2,738 Sq Ft
$308/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $485,000 $177 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,831/month

62 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Boat Dock
  • Creek or Stream View
  • Morehead City Primary School Rated A-
  • Home fronts a creek
  • Clubhouse

About This Home

As of August 2019

CUSTOM BUILT BEAUTIFUL WATERFRONT HOME IN PRISTINE CONDITION. You will love the open floor plan, fabulous kitchen with stainless appliances, gas stove, pantry & granite countertops. 4 bedrooms, bonus room, 3 baths, 2,738 SqFt. Large master suite with beautiful bath, grand soaking tub, tiled shower & huge walk-in closet. Wheelchair accessible wide doors. Beautiful living room overlooking fenced backyard w/ large deck, fire pit, marsh & waterview. Surround sound system, 3 massive, storage rooms in the attic, mudroom, 2 car garage, boat pad, drip system & outside shower. Mariner's Pointe is a waterfront community with a short drive to Crystal Coast beaches, historic Beaufort, finest dining, entertainment & spectacular fishing. It offers Day Docks, Tennis/Pickle Ball Courts, Clubhouse & Pool.

Last Agent to Sell the Property

Margaret Hitchcock

Hitchcock Realty & Associates, LLC License #243602 Listed on: 05/04/2019

Co-Listed By

Sylvia Rola

Hitchcock Realty & Associates, LLC License #299668

Last Buyer's Agent

Amy Tyson

Berkshire Hathaway HomeServices Prime Properties License #306524

Berkshire Hathaway HomeServices Prime Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,258

Year Built

  • Built in 2015

Lot Details

  • 0.38 Acre Lot
  • Home fronts a creek
  • Property fronts a marsh
  • Fenced Yard
  • Decorative Fence
  • Sprinkler System
  • Property is zoned Res SF

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,738 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • Gas Log Fireplace
  • Thermal Windows
  • Double Pane Windows
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Creek or Stream Views
  • Crawl Space

Bedrooms and Bathrooms

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

Home Security

  • Intercom
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Energy-Efficient Doors

Outdoor Features

  • Outdoor Shower
  • Deeded Waterfront Access Rights
  • Deck
  • Open Patio

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 82
  • Assessor Parcel Number 6386.10.37.5211000

Community Details

Overview

  • Mariner's Pointe Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Dock
  • Community Boat Slip
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,258

Year Built

Built in 2015

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2015
  • Road Frontage Type: Creek Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Heated Sq Ft: 2600 - 2799
  • Interior Amenities: 1st Floor Master, Pantry, Walk-In Closet, Walk-in Shower, Sprinkler System, Smoke Detectors, Skylights, Foyer, Mud Room, Intercom/Music, Gas Logs, Furnished, Ceiling Fan(s), Ceiling - Trey, Blinds/Shades, 9Ft+ Ceilings
  • List Price per Sq Ft: 178.41
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Number Rooms: 8
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Bonus Room Level: Second
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 2738.00
  • Total Heated Primary Separate Sq Ft: 2738.00

Exterior Features

  • Exterior Features: DP50 Windows, Thermal Windows, Thermal Doors, Security Lighting, Outdoor Shower, Irrigation System, Gas Logs
  • Exterior Finish: Fiber Cement
  • Fencing: Back Yard, Metal/Ornamental
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Open
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Garage And Parking Driveway Spaces: 4.00
  • Garage And Parking R V Boat Spaces: 1.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central, Zoned
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Sewer Provider: City of Morehead City
  • Service Providers Water Provider: City of Morehead City
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Picnic Area, Maint - Comm Areas, Management, Community Pool, Clubhouse, Boat Slip - Not Assigned
  • HOAAssociationFee1Year: 600.00

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 99.00
  • Lot Acres: 0.38
  • Lot Dimensions: 61 x 217 x IRR x 165
  • Lot Number: 82
  • Lot Sq Ft: 16553.00
  • Lot Water Features: Boat Dock, Water Access Comm, Deeded Water Access
  • Plat Book: 31
  • Plat Page: 514
  • Zoning: Res SF
  • Lot View Type: Creek View, Water View, Marsh View

Tax Info

  • Tax Identifier: 6386.10.37.5211000
  • Tax Year: 2018

MLS Schools

  • Elementary School #2: Morehead City Primary
  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2019
Closed on
Aug 7, 2019
Sold by
Alger Kim S and Alger Michele C
Bought by
Westbrook Deborah E and Westbrook Arthur T
Seller's Agent
Margaret Hitchcock
Hitchcock Realty & Associates, LLC
Buyer's Agent
Amy Tyson
Berkshire Hathaway HomeServices Prime Properties
List Price
$493,500
Sold Price
$485,000
Premium/Discount to List
-$8,500
-1.72%
Current Estimated Value
$844,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,068
Avg. Annual Appreciation
9.30%
Original Mortgage
$325,000
Outstanding Balance
$284,815
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$559,253

Purchase Details

Listed on
Aug 4, 2015
Closed on
Feb 9, 2016
Sold by
Streamline Developers Llc
Bought by
Alger Kim and Alger Michele
Seller's Agent
Sean & Karen Ahern
Coldwell Banker Spectrum Properties
Buyer's Agent
Alan Leary, III
Century 21 Coastal Advantage
List Price
$417,700
Sold Price
$417,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$353,362
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Listed on
Jul 2, 2012
Closed on
Jul 27, 2015
Sold by
Snyder Charles W and Snyder Karen S
Bought by
Streamline Developers Llc
Seller's Agent
Tangela Boyd
Weichert Realtors At Wave's Edge
List Price
$99,000
Sold Price
$85,000
Premium/Discount to List
-$14,000
-14.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1807.46%
Original Mortgage
$310,000
Interest Rate
4.04%
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
Westbrook Deborah E $485,000 None Available
Alger Kim $418,000 Attorney
Streamline Developers Llc $85,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westbrook Deborah E $325,000
Previous Owner Alger Kim $353,362
Previous Owner Streamline Developers Llc $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2019 08/07/19 Sold $485,000 -1.7% $177 / Sq Ft
07/05/2019 07/05/19 Pending -- -- --
05/04/2019 05/04/19 For Sale $493,500 +18.1% $180 / Sq Ft
02/11/2016 02/11/16 Sold $417,700 0.0% $157 / Sq Ft View Prior Sale
08/14/2015 08/14/15 Pending -- -- --
08/04/2015 08/04/15 For Sale $417,700 +391.4% $157 / Sq Ft
07/28/2015 07/28/15 Sold $85,000 -14.1% $32 / Sq Ft View Prior Sale
05/25/2015 05/25/15 Pending -- -- --
07/02/2012 07/02/12 For Sale $99,000 -- $37 / 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 $4,258 $732,987 $169,050 $563,937
2024 $3,655 $474,250 $90,000 $384,250
2023 $1,627 $474,250 $90,000 $384,250
2022 $1,580 $474,250 $90,000 $384,250
2021 $1,580 $474,250 $90,000 $384,250
2020 $1,530 $459,061 $90,000 $369,061
2019 $1,307 $416,922 $85,000 $331,922
2017 $1,307 $416,922 $85,000 $331,922
2016 $1,219 $388,256 $85,000 $303,256
2015 $255 $85,000 $85,000 $0
2014 $314 $104,500 $104,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100163751

Hive MLS

APN: 6386.10.37.5211000