NOT LISTED FOR SALE

482 Vfw Rd Cedar Point, NC 28584

Estimated Value: $167,000 - $591,000

0.82 Acre
$512,193 Price per Acre
35,719 Sq Ft Lot

Last Sold May 07, 2019

Last sale price $217,000

Est. 94% increase in value since last sale

Current estimated payment $2,342/month

250 Days on Market

Highlights

  • 164 Feet of Waterfront
  • Boat Dock
  • Wooded Lot
  • White Oak Elementary School Rated A-
  • River View
  • No HOA

About This Lot

As of May 2019

Waterfront lot on the protected Pettiford Creek Bay in the secluded subdivision of 482 VFW Road. Lot 2 is .82 +/- acres, with 164 +/- feet of water front. There are 4 lots available varying in size (see documents) This is the only lot with a dock included! (Note: Dock sustained damage from Florence and is ''AS IS''). Estimated water depth at low tide is 2-3 ft. The White Oak River and Bouge Inlet are just around the bend. This is a high ground lot with a gentle slope to the waterfront. Shopping Center, National Forest, and Emerald Isle are just minuets away. Restrictive Covenants are in the process of being recorded. No HOA dues. Water meter has been instaled. There has been a soil scientist report performed that substantiates the probability of septic permit being issued.

Last Listed By

Melissa Gaskill

Century 21 Coastal Advantage License #265397 Listed on: 06/12/2018

Century 21 Coastal Advantage

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20

Year Built

  • 1960

Lot Details

  • 0.82 Acre Lot
  • Lot Dimensions are 164.43x304.371x134.46x296.12
  • 164 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R-15M

Property Views

  • River Views

Schools

  • Broad Creek Middle School
  • Croatan High School

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 5375.04.63.3119000

Community Details

Overview

  • No Home Owners Association
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$20

Year Built

1960

Lot Details

0

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: River Front
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1960

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 134
  • Water Frontage: 164.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Water Provider: West Carteret Water Corp
  • Utilities: Community Water, Not Tested

Association/Amenities

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

Schools

  • School District: Carteret

Lot Info

  • Deed Page: 267.00
  • Lot Description: Partially Cleared, See Remarks, Wooded
  • Lot Dimensions: 164.43x304.371x134.46x296.12
  • Lot Number: 2
  • Lot Sq Ft: 35839.00
  • Lot Water Features: Boat Dock, Waterfront Comm
  • Plat Book: 33
  • Plat Page: 771
  • Zoning: R-15M
  • Acres: 0.82
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 280365.85
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared, Cleared/Partial, Level, See Remarks, Sloped, Watershed, Wooded
  • Lot Number2: 2
  • Lot View Type: River View, Water View

Tax Info

  • Tax Identifier: 5375.04.63.3119000
  • Tax Year: 2017
  • Deferred Taxes: No

MLS Schools

  • High School: Croatan
  • Middle School: Broad Creek
  • School District: Carteret

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Morgan Ellis Jr Glenn and Thigpen Lisa
Bought by
Thigpen Ellis Lisa
Total Days on Market
250
Current Estimated Value
$419,998

Purchase Details

Closed on
Mar 23, 2018
Sold by
Cooke Angela Dudley
Bought by
Ellis Glenn Morgan and Ellis Lisa Thigpen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
Sold by
First Citizens Bank & Trust Co
Bought by
Cooke Angela Dudley

Range of Values:

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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
Thigpen Ellis Lisa -- None Listed On Document
Ellis Glenn Morgan $380,000 None Available
Cooke Angela Dudley -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Lisa Thigpen $100,000
Previous Owner Ellis Glenn Morgan $323,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2019 05/07/19 Sold $217,000 -13.2% --
02/17/2019 02/17/19 Pending -- -- --
06/12/2018 06/12/18 For Sale $249,900 -- --
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
2024 $20 $303,805 $90,986 $212,819
2023 $1,891 $303,805 $90,986 $212,819
2022 $1,800 $303,805 $90,986 $212,819
2021 $1,800 $303,805 $90,986 $212,819
2020 $1,354 $213,287 $90,986 $122,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100120680

Hive MLS

APN: 5375.04.63.2477000