NOT LISTED FOR SALE

242 Croatan Dr Oriental, NC 28571

Estimated Value: $411,000 - $435,000

0.89 Acre
$476,942 Price per Acre
38,768 Sq Ft Lot

Last Sold August 11, 2017

Last sale price $62,000

Est. 585% increase in value since last sale

Current estimated payment $2,439/month

53 Days on Market

About This Lot

As of August 2017

Remarkable for its tranquil views available from your potential home site. Looking across beautiful Broad Creek and located in the community of Pamlico just 5 miles from Oriental. Concrete pier in place with oversize pilings meant to accommodate your future boat lift. Includes off site septic lot.

Last Agent to Sell the Property

CHRIS MACHLE

TIDEWATER REAL ESTATE, INC License #125354 Listed on: 05/18/2017

Last Buyer's Agent

CHRIS MACHLE

TIDEWATER REAL ESTATE, INC License #125354 Listed on: 05/18/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,506

Lot Details

  • 0.89 Acre Lot
  • 123 Feet of Waterfront
  • Cleared Lot

Property Views

  • Water Views

Schools

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

Community Details

  • Property has a Home Owners Association
  • Master Insurance
  • Pelican Point Poa, Phone Number (252) 249-1787
  • Pelican Point Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number K081-7-8

Property Details

Property Type

Land

Est. Annual Taxes

$1,506

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 50
  • Water Frontage: 123.00

Utilities

  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Roads, Master Insure
  • HOA Company: Pelican Point POA
  • HOA Phone: 252-249-1787

Lot Info

  • Deed Book: 447
  • Deed Page: 1.00
  • Lot Sq Ft: 38638.00
  • Lot Water Features: Waterfront Comm
  • Plat Book: Cabinet A
  • Plat Page: Slide 60-4
  • Zoning: Resi
  • Acres: 0.89
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 89775.28
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared

Tax Info

  • Tax Identifier: K081-7-8
  • Tax Year: 2016

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Aug 7, 2017
Sold by
Grubb Steven C
Bought by
Jarvis John M and Jarvis Myra Beth
Seller's Agent
CHRIS MACHLE
TIDEWATER REAL ESTATE, INC
Buyer's Agent
CHRIS MACHLE
TIDEWATER REAL ESTATE, INC
List Price
$79,900
Sold Price
$62,000
Premium/Discount to List
-$17,900
-22.4%
Current Estimated Value
$424,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,478
Avg. Annual Appreciation
27.46%

Purchase Details

Closed on
May 24, 2005
Sold by
Pamilco Developers & Properties Inc
Bought by
Grubb Steven C and Grubb Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1988
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
Jarvis John M $62,000 None Available
Grubb Steven C $50,000 None Available
-- $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grubb Steven C $42,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2017 08/11/17 Sold $62,000 -22.4% --
07/10/2017 07/10/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $79,900 -- --
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 $1,506 $223,040 $61,875 $161,165
2024 $1,506 $223,040 $61,875 $161,165
2023 $1,461 $223,040 $61,875 $161,165
2022 $1,461 $223,040 $61,875 $161,165
2021 $1,461 $223,040 $61,875 $161,165
2020 $1,461 $223,040 $61,875 $161,165
2019 $328 $166,601 $40,000 $126,601
2018 $328 $0 $0 $0
2017 $328 $0 $0 $0
2016 $325 $0 $0 $0
2015 $325 $50,120 $40,000 $10,120
2014 $325 $50,120 $40,000 $10,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100063647

Hive MLS

APN: K081-7-8