$120,000
SOLD MAY 3, 2024

283 Garbacon Dr Beaufort, NC 28516

3.8 Acres
$31,579 Price per Acre
165,528 Sq Ft Lot

Recently Sold

12% Below List Price

119 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 70 Feet of Waterfront
  • Intracoastal View
  • Beaufort Elementary School Rated A-
  • Boat Dock
  • Gated Community

About This Lot

As of May 2024

Discover the allure of waterfront living at 283 Garbacon Drive, a remarkable 3.8-acre homesite situated in the exclusive Merrimon Bay subdivision in Beaufort, NC. This private gated community offers a haven for those seeking tranquility and natural beauty.Boasting a privileged waterfront location, Merrimon Bay provides residents with a private boat ramp and dock, ensuring effortless access to the pristine waters of the Neuse River. Delight in the serene atmosphere as you explore the waterways or embark on a coastal adventure via the picturesque Adams Creek, seamlessly connecting to the Intra Coastal Waterway.Nature enthusiasts will revel in the community's unique features, including a community observation pier extending over a wild marsh. Wildlife abounds, with opportunities for turkey and deer sightings, creating a harmonious blend of natural splendor and residential comfort.283 Garbacon Drive stands out with its own white sand beach, a rare and enticing feature. The lot, recently mowed for easy viewing, offers a canvas for your waterfront dream home. The owners have just renewed the 3 bedroom septic permit, good until 2029!Conveniently located just 25 minutes from the charming Crystal Coast towns of Beaufort, Morehead City, and Atlantic Beach, this homesite seamlessly combines privacy with accessibility. Immerse yourself in the coastal lifestyle, with the Crystal Coast at your fingertips and the expansive Merrimon Bay as your backyard.The generous size of this lot allows for diverse possibilities, accommodating homes of various sizes and additional outbuildings. Whether envisioning a coastal retreat or a grand estate, 283 Garbacon Drive beckons you to create your ideal haven on the water's edge. Don't miss the opportunity to own a slice of waterfront paradise in this coveted Merrimon Bay community.

Last Agent to Sell the Property

Stacey Bowen

United Country Respess Wilder License #331523 Listed on: 12/15/2023

Last Buyer's Agent

Stacey Bowen

United Country Respess Wilder License #331523 Listed on: 12/15/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $114

Lot Details

  • 3.8 Acre Lot
  • 70 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Rural Setting
  • Cleared Lot
  • Wooded Lot
  • Marsh on Lot

HOA Fees

  • $29 Monthly HOA Fees

Property Views

  • Intracoastal
  • River

Schools

  • Beaufort Elementary And Middle School
  • East Carteret High School

Utilities

  • Well
  • On Site Septic
  • Septic Tank

Additional Features

  • Accessible Ramps
  • In Flood Plain

Listing and Financial Details

  • Tax Lot 116
  • Assessor Parcel Number 740500257799000

Community Details

Overview

  • Merrimon Bay HOA
  • Merrimon Bay Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Deeded Waterfront Access Rights
  • Wetlands on Lot

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$114

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: ICW Front, River Front
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 50
  • Water Frontage: 70.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Utilities: Electricity Available, Septic On Site, Well Water

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Gated, Maint - Comm Areas, Maint - Roads, Ramp
  • HOAAssociationFee1Year: 345.00
  • HOAAssociationName: Merrimon Bay HOA
  • HOAAssociationPhone: 222-7833

Lot Info

  • Deed Page: 109.00
  • Lot Description: Development, Rural, Subdivision, Wetlands, Wooded
  • Lot Dimensions: Irregular
  • Lot Number: 116
  • Lot Sq Ft: 165528.00
  • Lot Water Features: Deeded Waterfront
  • Plat Book: 30
  • Plat Page: 491
  • Zoning: Residential
  • Acres: 3.80
  • Wooded Acres: 3.80
  • Current Use: Vacant
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 35921.05
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared/Partial, Flood Plain, Marsh/Wetland, Undeveloped, Wooded
  • Lot Number2: 116
  • Lot View Type: ICW View, River View

Tax Info

  • Tax Identifier: 740500257799000
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 114.00
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Beaufort
  • High School: East Carteret
  • Middle School: Beaufort

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
May 3, 2024
Sold by
Johnson Marion Lamar and Paige James A
Bought by
Lynn Brittany Nicole
Seller's Agent
Stacey Bowen
United Country Respess Wilder
Buyer's Agent
Stacey Bowen
United Country Respess Wilder
List Price
$136,500
Sold Price
$120,000
Premium/Discount to List
-$16,500
-12.09%
Views
65

Purchase Details

Closed on
Jun 16, 2004
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $120,000 None Listed On Document
Deed $150,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $111,900 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Price Changed $180,000 0.0% --
05/12/2025 05/12/25 For Sale $180,000 -2.7% --
02/05/2025 02/05/25 Off Market $185,000 -- --
06/21/2024 06/21/24 For Sale $185,000 +54.2% --
05/03/2024 05/03/24 Sold $120,000 -12.1% --
04/12/2024 04/12/24 Pending -- -- --
12/15/2023 12/15/23 For Sale $136,500 -- --
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
2024 $151 $28,500 $28,500 $0
2023 $151 $28,500 $28,500 $0
2022 $145 $28,500 $28,500 $0
2021 $145 $28,500 $28,500 $0
2020 $143 $28,500 $28,500 $0
2019 $111 $29,925 $29,925 $0
2017 $111 $29,925 $29,925 $0
2016 $111 $29,925 $29,925 $0
2015 $108 $29,925 $29,925 $0
2014 $475 $131,928 $131,928 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100418693

Hive MLS

APN: 7405.00.25.7799000