338 Federal Ln Scranton, NC 27875
Estimated payment $4,002/month
Total Views
17,850
3
Beds
3
Baths
2,048
Sq Ft
$334
Price per Sq Ft
Highlights
- Hot Property
- Views of a Sound
- Pier
- Boathouse
- Boat Dock
- Boat Lift
About This Home
**HUGE PRICE REDUCTION!** Great waterfront property for sale on the Pungo River. This unique 5.6 acre property is a must see. Located in ''The Preserve'' subdivision this 2048 sq. ft. home has unbelievable views of the Pungo river and Pamlico sound. The home has three bedrooms and one full bath and two half baths. All appliances are fairly new with a spacious kitchen and dinning area that face the river. The home is heated and cooled with five mimi-split systems so each area of the home can be controlled as needed. The water source is a solar powered well with a Kinetico system installed. There is a newly installed in-ground pool that really adds a nice touch. There is an unfinished area under the house that has been closed in that could be used for a shop plus a room has been added for overflow of guest if needed. The property shoreline is bulkheaded with rip-rap and has a cement cover cap plus a nice cement pier with boathouse and boat lift giving easy access to the river and sound. An outside shower has been recently added by the foot of the pier. The seller has just built a 30' X 40' shop with plenty of room to store boats and outdoor equipment.The lot were the house is has been built up high enough to decrease the threat of flooding.This property is being ''SOLD AS IS'' due to health issues. There are some finishing touches that are needed such as baseboards, crown moulding, etc. The seller plans on finishing as much as possible but will be very limited on what he will be able to do.
Listing Agent
United Country Respess Real Estate License #292714 Listed on: 08/12/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,422
Year Built
- Built in 2015
Lot Details
- 5.6 Acre Lot
- River Front
- Vinyl Fence
- Open Lot
HOA Fees
- $17 Monthly HOA Fees
Property Views
- Views of a Sound
- Intracoastal
- River
Home Design
- Wood Frame Construction
- Composition Roof
- Piling Construction
- Stick Built Home
Interior Spaces
- 2,048 Sq Ft Home
- 2-Story Property
- Combination Dining and Living Room
- Home Office
- Workshop
- Partial Basement
- Pull Down Stairs to Attic
- Laundry in Hall
Kitchen
- Stove
- Built-In Microwave
- Dishwasher
- Kitchen Island
Flooring
- Carpet
- Laminate
- Vinyl Plank
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-in Shower
Parking
- 2 Parking Spaces
- Gravel Driveway
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Pier
- Bulkhead
- Boat Lift
- Boathouse
- Balcony
- Deck
- Open Patio
- Separate Outdoor Workshop
Schools
- Beaufort Elementary And Middle School
- Beaufort High School
Utilities
- Heating Available
- Well
- On Site Septic
- Septic Tank
Additional Features
- Accessible Approach with Ramp
- Solar Water Heater
- Horses Allowed On Property
Listing and Financial Details
- Tax Lot 26
- Assessor Parcel Number 7632031517
Community Details
Overview
- The Preserve HOA
- The Preserve Subdivision
- Maintained Community
Recreation
- Boat Dock
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,747 | $624,713 | $87,778 | $536,935 |
| 2023 | $2,422 | $213,129 | $63,478 | $149,651 |
| 2022 | $2,074 | $231,774 | $63,477 | $168,297 |
| 2021 | $1,843 | $0 | $0 | $0 |
| 2020 | $1,785 | $0 | $0 | $0 |
| 2019 | $1,026 | $0 | $0 | $0 |
| 2018 | $1,026 | $131,519 | $63,477 | $68,042 |
| 2017 | $1,290 | $201,582 | $145,000 | $56,582 |
| 2016 | $971 | $201,582 | $145,000 | $56,582 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2012 | -- | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | Price Changed | $625,000 | -10.7% | $305 / Sq Ft |
| 04/28/2025 04/28/25 | For Sale | $699,900 | +2.2% | $342 / Sq Ft |
| 11/19/2024 11/19/24 | Price Changed | $685,000 | -8.7% | $334 / Sq Ft |
| 08/12/2024 08/12/24 | For Sale | $750,000 | -- | $366 / Sq Ft |
Source: Hive MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $12,500 | None Available |
Source: Public Records
Similar Home in Scranton, NC
Source: Hive MLS
MLS Number: 100460453
APN: 7632031517
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