NOT LISTED FOR SALE

378 Magnolia Ln Arapahoe, NC 28510

Estimated Value: $554,486 - $658,000

0.22 Acre
$2,831,236 Price per Acre
9,583 Sq Ft Lot

Last Sold May 22, 2020

Last sale price $50,000

Est. 1,146% increase in value since last sale

Current estimated payment $3,656/month

673 Days on Market

Highlights

  • Water Views
  • No HOA
  • Open Lot

About This Lot

As of May 2020

Building lot with view of the Neuse River. Buy separately or combine with other established properties this Sellers is marketing. This lot host a large storage building room for RV/boat parking. It has an existing septic system in ground, electric and water.

Last Agent to Sell the Property

Michelle Fodery

VILLAGE REALTY License #101656 Listed on: 07/04/2018

Last Buyer's Agent

Michelle Fodery

VILLAGE REALTY License #101656 Listed on: 07/04/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,594

Lot Details

  • 9,583 Sq Ft Lot
  • Property fronts a private road
  • Rural Setting
  • Open Lot
  • Cleared Lot

Property Views

  • Water Views

Schools

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

Utilities

  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6465972041000

Property Details

Property Type

Land

Est. Annual Taxes

$2,594

Lot Details

0

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, Private, Unpaved
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 100

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Service Providers Electric Provider: Tideland Electric
  • Service Providers Water Provider: Pamlico County
  • Utilities: County Water, Septic On Site

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Pamlico

Lot Info

  • Deed Book: 310
  • Deed Page: 728.00
  • Lot Description: Open, Rural
  • Lot Sq Ft: 9583.00
  • Acres: 0.22
  • Current Use: Recreational
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • List Price per Acre: 263636.36
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared

Tax Info

  • Tax Identifier: 6465972041000
  • Tax Year: 2017
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Pamlico County Primary
  • Elementary School #2: Fred A. Anderson
  • High School: Pamlico County
  • High School2: Pamlico County
  • Middle School: Pamlico County
  • Middle School2: Pamlico County
  • School District: Pamlico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2018
Closed on
May 13, 2020
Sold by
Kilbroen Jerry R
Bought by
Hempel Joseph E and Hempel Michelle F
Seller's Agent
Michelle Fodery
VILLAGE REALTY
Buyer's Agent
Michelle Fodery
VILLAGE REALTY
List Price
$69,000
Sold Price
$50,000
Premium/Discount to List
-$19,000
-27.54%
Current Estimated Value
$622,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$572,872
Avg. Annual Appreciation
62.43%

Purchase Details

Closed on
Jan 31, 1996
Bought by
Kilborn Jerry Richard
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
Hempel Joseph E $50,000 None Available
Kilborn Jerry Richard -- --
Mercer Harry T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hempel Joseph $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $50,000 -27.5% --
05/07/2020 05/07/20 Pending -- -- --
07/04/2018 07/04/18 For Sale $69,000 -- --
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
2024 $2,594 $373,170 $16,251 $356,919
2023 $130 $19,302 $16,251 $3,051
2022 $128 $19,302 $16,251 $3,051
2021 $128 $19,302 $16,251 $3,051
2020 $128 $19,302 $16,251 $3,051
2019 $175 $26,249 $20,000 $6,249
2018 $175 $0 $0 $0
2017 $175 $0 $0 $0
2016 $173 $0 $0 $0
2015 $173 $26,249 $20,000 $6,249
2014 $173 $26,249 $20,000 $6,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100124082

Hive MLS

APN: H093-23