NOT LISTED FOR SALE

329 Peninsula Dr Oriental, NC 28571

Estimated Value: $608,000 - $796,000

0.34 Acres
$1,986,950 Price per Acre
14,732 Sq Ft Lot

Sale Details

Date Sold: June 28, 2019

Last sale price $74,000

Est. 813% increase in value since last sale

Current estimated payment $3,798 / mo

162 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 84 Feet of Waterfront
  • River View
  • Pamlico County Middle School Rated 9+
  • Home fronts a creek
  • Wetlands on Lot

About This Lot

As of June 2019

Spectacular views of the Neuse River!With a lot size perfectly configured to take full advantage of the compelling location, you will immediately appreciate the site's potential.The houses on the adjoining lots are complete, allowing you to position yours to maximize the lovely vistas of the water and your privacy. The offsite drainfield system has also been installed, which measurably reduces your development cost and increases/enhances the lot's buildable area ! A great neighborhood awaits, with a meandering street to invite evening strolls and visits. Beautiful river views with the relative protection for your future pier on Orchard Creek! Existing seawall !!

Last Agent to Sell the Property

CHRIS MACHLE

TIDEWATER REAL ESTATE, INC License #125354 Listed on: 10/24/2018

Last Buyer's Agent

Beth Frazer

Beth Frazer & Associates, Inc. License #206845

Property Details

Property Type

  • Land

Lot Details

  • 14,732 Sq Ft Lot
  • Home fronts a creek
  • Property fronts a marsh
  • 84 Feet of Waterfront
  • Property fronts a private road
  • Cleared Lot
  • Marsh on Lot

HOA Fees

  • $13 Monthly HOA Fees

Property Views

  • River
  • Creek or Stream

Location

  • In Flood Plain

Utilities

  • Septic Tank
  • Septic Permit Issued

Listing and Financial Details

  • Tax Lot 3 and 3-A
  • Assessor Parcel Number K08-66-3

Community Details

Overview

  • Orchard Creek Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Deeded Waterfront Access Rights
  • Sailboat Water Access
  • Wetlands on Lot

Property Details

Property Type

Land

Lot Details

0.34 Acres

HOA Fees

$13 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 235294.12
  • Lot View Type: Creek View, Water View, River View, Marsh View
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: Yes
  • Water Frontage: 83.79
  • Road Frontage Type: Creek Front, Marsh Front

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Tideland Electric
  • Service Providers Water Provider: Pamlico County
  • Utilities: Municipal Water Available, Septic Permit on file, Septic Off Site, See Remarks

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Maint - Comm Areas
  • H O A Association Fee1 Year: 156.00
  • H O A H O A1 Mgmt Company: Orchard Creek HOA

Schools

  • High School2: Pamlico County
  • Middle School2: Pamlico County
  • School District: Pamlico

Lot Info

  • Cobra Zone: No
  • Deed Page: 787.00
  • Lot Description: Sailboat Accessible, Wetlands, Subdivision, See Remarks
  • Lot Number: 3 and 3-A
  • Lot Sq Ft: 14732.00
  • Lot Water Features: Deeded Waterfront, Sailboat Accessible
  • Zoning: Residential
  • Acres: 0.34
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared/Partial, Watershed, Undeveloped, See Remarks, Marsh/Wetland, Flood Plain
  • Lot Number2: 3 and 3-A

Tax Info

  • Tax Identifier: K08-66-3
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
May 5, 2019
Sold by
Kuett Douglas J and Phillips Mary B
Bought by
Dowless Jerry and Dowless Nancy
Seller's Agent
CHRIS MACHLE
TIDEWATER REAL ESTATE, INC
Buyer's Agent
Beth Frazer
Beth Frazer & Associates, Inc.
List Price
$85,000
Sold Price
$74,000
Premium/Discount to List
-$11,000
-12.94%
Current Estimated Value
$675,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,563
Avg. Annual Appreciation
38.37%

Purchase Details

Closed on
Jun 15, 2004
Bought by
Kuett Douglas John

Purchase Details

Closed on
Sep 1, 1989
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dowless Jerry $74,000 --
Kuett Douglas John $100,000 --
-- $100,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $74,000 -12.9% --
04/04/2019 04/04/19 Pending -- -- --
10/24/2018 10/24/18 For Sale $85,000 -- --
Source: Hive MLS

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 $2,446 $362,322 $50,490 $311,832
2023 $331 $50,490 $50,490 $0
2022 $331 $50,490 $50,490 $0
2021 $331 $50,490 $50,490 $0
2020 $331 $50,490 $50,490 $0
2019 $850 $129,725 $125,000 $4,725
2018 $850 $0 $0 $0
2017 $850 $0 $0 $0
2016 $841 $0 $0 $0
2015 $841 $129,725 $125,000 $4,725
2014 $841 $129,725 $125,000 $4,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100137814

Hive MLS

APN: K08-66-3

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