NOT LISTED FOR SALE

199 Timber Point Dr Merritt, NC 28556

Estimated Value: $574,000 - $648,226

3.56 Acres
$168,935 Price per Acre
155,074 Sq Ft Lot

Last Sold October 19, 2012

Last sale price $17,000

Est. 3,438% increase in value since last sale

Current estimated payment $3,381/month

174 Days on Market

Highlights

  • Waterfront
  • Water Views
  • No HOA
  • Pamlico County Middle School Rated 9+
  • 3.56 Acre Lot

About This Lot

As of October 2012

-Large lot in a beautiful waterfront neighborhood. Premium waterfront property with great views of Bay River. Shopping and dining is only a few minutes away in Oriental. Preapproval and proof of funds required for financing offer. Proof of funds required for cash offers.

Last Agent to Sell the Property

Tripp Blandford

CAROLINA EAST REALTY License #155559 Listed on: 04/12/2012

Last Buyer's Agent

Jay Woodard

CAROLINA EAST REALTY License #246514

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,312

Lot Details

  • 3.56

Additional Features

  • Water Views
  • 3.56 Acre Lot

Listing and Financial Details

  • Tax Lot 6&6A

Community Details

Overview

  • No Home Owners Association
  • Timber Point Subdivision

Recreation

  • Waterfront

Property Details

Property Type

Land

Est. Annual Taxes

$2,312

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes
  • Waterview: Yes

Utilities

  • Utilities: Municipal Water

Association/Amenities

  • HOA: No

Schools

  • School District: Pamlico

Lot Info

  • Deed Book: 554
  • Deed Page: 509.00
  • Lot Number: 6&6A
  • Lot Sq Ft: 155074.00
  • Lot Water Features: Waterfront Comm
  • Zoning: Resi
  • Acres: 3.56
  • List Price per Acre: 8146.07
  • Lot Number2: 6&6A

MLS Schools

  • School District: Pamlico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2012
Closed on
Oct 9, 2012
Sold by
Branch Banking & Trust Co
Bought by
Henries Jody
Seller's Agent
Tripp Blandford
CAROLINA EAST REALTY
Buyer's Agent
Jay Woodard
CAROLINA EAST REALTY
List Price
$49,900
Sold Price
$17,000
Premium/Discount to List
-$32,900
-65.93%
Current Estimated Value
$601,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,409
Avg. Annual Appreciation
31.56%

Purchase Details

Closed on
Mar 24, 2011
Sold by
Rogers Jeff D
Bought by
Branch Banking And Trust Co
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
Henries Jody $170,000 None Available
Branch Banking And Trust Co $100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2012 10/19/12 Sold $17,000 -65.9% --
10/03/2012 10/03/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $49,900 -- --
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
2025 $2,312 $327,407 $93,140 $234,267
2024 $2,312 $327,407 $93,140 $234,267
2023 $954 $139,040 $93,140 $45,900
2022 $954 $139,040 $93,140 $45,900
2021 $954 $139,040 $93,140 $45,900
2020 $954 $139,040 $93,140 $45,900
2019 $618 $90,044 $87,833 $2,211
2018 $618 $0 $0 $0
2017 $603 $0 $0 $0
2016 $603 $0 $0 $0
2015 $603 $87,833 $87,833 $0
2014 $603 $87,833 $87,833 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Tripp Blandford

    CAROLINA EAST REALTY

    (252) 617-9770

    5 in this area

    168 Total Sales

    Tripp Blandford
    Section Image

  • J

    Buyer's Agent in 2012

    Jay Woodard

    CAROLINA EAST REALTY

    (252) 229-3399

    2 in this area

    8 Total Sales

    Jay Woodard
    Section Image
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Map

Source: Hive MLS

MLS Number: 90085125

Hive MLS

APN: J05-4-1-6

North Carolina Pamlico County Merritt 28556

199 Timber Point Dr, Merritt, NC

This home is located at 199 Timber Point Dr, Merritt, NC 28556 since 12 April 2012 and is currently estimated at $601,409. 199 Timber Point Dr is a home located in Pamlico County with nearby schools including Pamlico County Primary School, Fred A. Anderson Elementary School, and Pamlico County 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

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