NOT LISTED FOR SALE

2401 Marsh Tern Ln Morehead City, NC 28557

Estimated Value: $693,000 - $794,735

0.34 Acre
$2,165,982 Price per Acre
14,810 Sq Ft Lot

Last Sold July 15, 2020

Last sale price $93,000

Est. 692% increase in value since last sale

Current estimated payment $4,271/month

297 Days on Market

Highlights

  • 63 Feet of Waterfront
  • River View
  • Community Pool
  • Morehead City Primary School Rated A-
  • Clubhouse
  • Tennis Courts

About This Lot

As of July 2020

Building lot in the Audubon Pointe section of Blair Farm ready for your new home -- great cul-de-sac location for privacy and offering great views of the Newport River. There is a formal survey and elevation certificate under documents, as well as, house plans for consideration. Blair Farm offers: a clubhouse for private functions, swimming pool and tennis courts.

Last Agent to Sell the Property

Mary Cheatham King

Keller Williams Crystal Coast Listed on: 08/05/2019

Keller Williams Crystal Coast

Last Buyer's Agent

Donald Mccall

Beaufort Realty License #163090

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $519

Lot Details

  • 0.34 Acre Lot
  • 63 Feet of Waterfront
  • Cul-De-Sac
  • Level Lot
  • Cleared Lot
  • Property is zoned R-15

HOA Fees

  • $38 Monthly HOA Fees

Property Views

  • River Views

Schools

  • Morehead City Elementary School
  • Morehead City Middle School
  • West Carteret High School

Listing and Financial Details

  • Assessor Parcel Number 6386.06.48.4789000

Community Details

Overview

  • Blair Farm Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$519

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 59
  • Water Frontage: 63.00

Utilities

  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Maint - Comm Areas, Pool, Tennis
  • HOAAssociationFee1Year: 450.00

Lot Info

  • Deed Page: 426.00
  • Lot Description: Cul-de-Sac Lot, Development, Partially Cleared, Subdivision
  • Lot Dimensions: Survey under documents
  • Lot Sq Ft: 14720.00
  • Plat Book: 31
  • Plat Page: 744
  • Zoning: R-15
  • Acres: 0.34
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 290882.35
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Level
  • Lot View Type: River View, Water View

Tax Info

  • Tax Identifier: 6386.06.48.4789000
  • Tax Year: 2018
  • Total City Real Estate Property Tax: 275.11
  • Total Real Estate Property Taxes: 518.78
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Morehead City Elem
  • High School: West Carteret
  • Middle School: Morehead City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2019
Closed on
Jul 1, 2020
Sold by
Nowell Brian S and Nowell Laura W
Bought by
Gibson Kenneth and Gibson Kathleen
Seller's Agent
Mary Cheatham King
Keller Williams Crystal Coast
Buyer's Agent
Donald Mccall
Beaufort Realty
List Price
$99,900
Sold Price
$93,000
Premium/Discount to List
-$6,900
-6.91%
Current Estimated Value
$736,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,434
Avg. Annual Appreciation
47.98%
Original Mortgage
$69,750
Outstanding Balance
$50,395
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$686,039
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
Gibson Kenneth $93,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Kenneth $69,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2020 07/15/20 Sold $93,000 -6.9% --
05/28/2020 05/28/20 Pending -- -- --
08/05/2019 08/05/19 For Sale $99,900 +21.1% --
05/28/2014 05/28/14 Sold $82,500 -21.4% -- View Prior Sale
04/05/2014 04/05/14 Pending -- -- --
03/13/2014 03/13/14 For Sale $105,000 -- --
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 $4,445 $765,999 $146,160 $619,839
2024 $3,055 $394,208 $85,153 $309,055
2023 $290 $85,153 $85,153 $0
2022 $281 $85,153 $85,153 $0
2021 $0 $85,153 $85,153 $0
2020 $281 $85,153 $85,153 $0
2019 $244 $78,603 $78,603 $0
2017 $244 $78,603 $78,603 $0
2016 $244 $78,603 $78,603 $0
2015 $236 $78,603 $78,603 $0
2014 -- $132,787 $132,787 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100178735

Hive MLS

APN: 6386.06.48.4789000