505 N 12th St Morehead City, NC 28557
Estimated Value: $290,000 - $338,727
0.5
Acre
$628,728
Price per Acre
21,780
Sq Ft Lot
Highlights
- 350 Feet of Waterfront
- No HOA
- Level Lot
- Morehead City Primary School Rated A-
About This Lot
As of April 2021This unique waterfront half acre commercial lot with 350'+ of shoreline frontage is ready to be developed. Zoned CM, commercial marina. The opportunities are endless for your future business endeavor! Utilities already on site. The views & sunsets are incredible! Location can't be beat being in the Morehead City business district & close to schools, shopping, restaurants, medical facilities, downtown waterfront & the beach. Marina is minutes away (by water) from The Intracoastal Waterway, Morehead City Port & Waterfront. One of few remaining Greenfield commercial lots available in this area.
Property Details
Property Type
- Land
Est. Annual Taxes
- $519
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 485 x 416 x 126 x 185
- 350 Feet of Waterfront
- Street terminates at a dead end
- Level Lot
- Cleared Lot
- Property is zoned R-5; CM
Property Views
- Water Views
Schools
- Morehead City Primary Elementary School
- Morehead City Middle School
- West Carteret High School
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 6386.15.52.4990000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2016
Closed on
Apr 28, 2021
Sold by
Stamps Goines M and Stamps George Jefferson
Bought by
Stamps Mariel
List Price
$1,800,000
Sold Price
$240,000
Premium/Discount to List
-$1,560,000
-86.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,364
Avg. Annual Appreciation
5.17%
Original Mortgage
$180,000
Outstanding Balance
$163,221
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$136,170
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Stamps Mariel | $240,000 | None Available |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Stamps Mariel | $180,000 |
Source: Public Records
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/29/2021 04/29/21 | Sold | $240,000 | -86.7% | -- |
02/11/2021 02/11/21 | Pending | -- | -- | -- |
05/04/2016 05/04/16 | For Sale | $1,800,000 | -- | -- |
Source: Hive MLS
Tax History Compared to Growth
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 | $519 | $69,187 | $69,187 | $0 |
2023 | $235 | $69,187 | $69,187 | $0 |
2022 | $228 | $69,187 | $69,187 | $0 |
2021 | $228 | $69,187 | $69,187 | $0 |
2020 | $228 | $69,187 | $69,187 | $0 |
2019 | $214 | $69,187 | $69,187 | $0 |
2017 | $214 | $69,187 | $69,187 | $0 |
2016 | $214 | $69,187 | $69,187 | $0 |
2015 | $208 | $69,187 | $69,187 | $0 |
2014 | $212 | $70,615 | $70,615 | $0 |
Source: Public Records
Map
Source: Hive MLS
MLS Number: 100012791

APN: 6386.15.52.4990000
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