NOT LISTED FOR SALE

501 Front St Washington, NC 27889

Estimated Value: $709,000 - $896,979

0.1 Acre
$7,754,950 Price per Acre
4,279 Sq Ft Lot

Last Sold August 02, 2023

Last sale price $275,000

Est. 182% increase in value since last sale

Current estimated payment $4,858/month

Highlights

  • 36 Feet of Waterfront
  • Marina
  • Marina View
  • Eastern Elementary School Rated A-
  • Boat Dock
  • Deep Water Access

About This Lot

As of August 2023

The next phase of Moss Landing is now available and is almost 50% sold out. This exceptional build-ready homesite is elevated and located directly on the Pamlico River. Features a private marina, waterfront park, and is surrounded by Washington's Historic District. Lots are customarily sized, making for beautiful juxtaposition of new homes in a treasured neighborhood context. A stunning portfolio of home plans and local builders have been assembled to assist you build the home of your dreams. A five-minute walk to downtown for shops, restaurants, and entertainment.

Last Agent to Sell the Property

Scott Dixon

Beacon Street Realty LLC License #160104 Listed on: 08/21/2023

Last Buyer's Agent

Scott Dixon

Beacon Street Realty LLC License #160104 Listed on: 08/21/2023

Property Details

Property Type

  • Land

Lot Details

  • 4,279 Sq Ft Lot
  • Lot Dimensions are 36'x120'x36'x117'
  • 36 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Property fronts an alley
  • Corner Lot
  • Interior Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Marina
  • River

Schools

  • Eastern Elementary School
  • P. S. Jones Middle School
  • Washington High School

Utilities

  • Co-Op Water
  • Cable TV Available

Listing and Financial Details

  • Tax Lot Lot 3
  • Assessor Parcel Number 48596

Community Details

Overview

  • Moss Landing Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Boat Slip
  • Marina
  • Park
  • Deep Water Access
  • Property is near a marina

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Auction: No
  • Cobra Zone: No
  • Deed Page: 48.00
  • Directions To Property: From downtown Washington take Water Street East to Front Street. Turn right into Moss Landing. Lot 3 is on the right.
  • Elementary School: Eastern
  • Federal Flood Ins Avlbl: Yes
  • Fencing: None
  • Fuel Tank: None
  • High School: Washington
  • H O Aand Neighborhood Amenities: Boat Slip - Assign, Dock, Maint - Comm Areas, Marina, Mgmt Fee, Park, Sidewalk, Street Lights, Water
  • Listing I D: 100400966
  • Location Type: Mainland
  • Lot Description: Corner Lot, Development, Interior Lot, Level, Subdivision, Water Depth 4+
  • Lot Dimensions: 36'x120'x36'x117'
  • Lot Number: Lot 3
  • Lot Sq Ft: 4279.00
  • Lot Water Features: Water Access Comm, Water Depth 4+, Waterfront Comm
  • Marketing City: Washington
  • Middle School: P. S. Jones
  • M L S Approved: Y
  • Road Type Frontage: Alley, Maintained, Paved, Private
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: City of Washington
  • Service Providers Sewer Provider: City of Washington
  • Service Providers Water Provider: Beaufort County
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Moss Landing
  • Tax Identifier: 48596
  • Tax Year: 2023
  • Terms: Cash, Conventional
  • Waterview: Yes
  • Zoning: Residential
  • Cleared Acres: 0.10
  • Acres: 0.10
  • Wooded Acres: 0.10
  • Buildigson Property: None
  • Current Use: Development, Recreational, Residential, Single Family
  • Deed Restriction: Yes
  • Deferred Taxes: No
  • Environmental Hazard: No
  • List Priceper Acre: 2750000.00
  • Soil Evaluation Other: City water and sewer
  • Topography: Cleared, Level
  • Water Frontage: 36.00
  • Lot Number2: Lot 3
  • Internet Service Provider: Fiber
  • Road Frontage Type: Marina Front, River Front
  • Horses Y N: No
  • Lot View Type: Marina View, River View, Water View
  • H O A Association Fee1 Year: 1000.00
  • H O A H O A1 Mgmt Company: Beacon Street Dev Co
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes

Utilities

  • Utilities: Cable Available, Municipal Sewer, Municipal Water, Natural Gas Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Jul 27, 2023
Sold by
Beacon Street Moss East Llc
Bought by
Smith Tracey L and Ashjian Rene M
Seller's Agent
Scott Dixon
Beacon Street Realty LLC
Buyer's Agent
Scott Dixon
Beacon Street Realty LLC
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$775,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$500,495
Avg. Annual Appreciation
53.21%
Original Mortgage
$220,000
Outstanding Balance
$214,987
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$560,508
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
Smith Tracey L $275,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Tracey L $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $275,000 0.0% --
08/02/2023 08/02/23 Sold $275,000 -- --
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
2025 $8,682 $912,506 $277,480 $635,026
2024 $2,410 $200,000 $200,000 $0
2023 $338 $200,000 $200,000 $0
2022 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100400966

Hive MLS

APN: 5685-06-1409