NOT LISTED FOR SALE

51 Grace Dr Chocowinity, NC 27817

Estimated Value: $125,000

1.65 Acres
$75,758 Price per Acre
71,874 Sq Ft Lot

Last Sold November 17, 2021

Last sale price $28,000

Est. 346% increase in value since last sale

Current estimated payment $740/month

1,029 Days on Market

Highlights

  • 258 Feet of Waterfront
  • Boat Dock
  • Wetlands on Lot
  • Chocowinity Primary School Rated A-
  • 1.65 Acre Lot
  • Wooded Lot

About This Lot

As of November 2021

Waterfront lot for sale in Chocowinity. 1.65 Acres. Priced below tax value. Kayak in your front yard in Sidney Creek. Community pier is right next door. Access to Chocowinity Bay/Pamlico River. Easy commute to Greenville and Washington. Privacy. Build your dream here, high enough, flood insurance is not required. Municipal sewer and water hookups. Wooded lot close to Cypress Landing Golf Course.

Last Agent to Sell the Property

Elizabeth Wilder

United Country Respess Wilder License #293915 Listed on: 01/08/2019

Property Details

Property Type

  • Land

Lot Details

  • 1.65 Acre Lot
  • 258 Feet of Waterfront
  • Rural Setting
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Marsh on Lot

HOA Fees

  • $13 Monthly HOA Fees

Schools

  • Chocowinity Elementary And Middle School
  • Southside High School

Additional Features

  • Water Views
  • Accessible Ramps

Listing and Financial Details

  • Assessor Parcel Number 2044

Community Details

Overview

  • Cypress Corner HOA, Phone Number (252) 943-1314
  • Cypress Corner Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Water Access
  • Wetlands on Lot

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Agreement Service: Full Service
  • Agreement Type: Exclusive Right to Sell
  • Auction: No
  • Cobra Zone: No
  • Deed Book: 1860
  • Deed Page: 685.00
  • Directions To Property: Take a Left from Highway 33 into Cypress Corner. Right on Grace Drive. Lot is on the left.
  • Document Count: 3
  • Elementary School: Chocowinity
  • Fencing: None
  • Fuel Tank: None
  • High School: Southside
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Dock, Ramp, Street Lights
  • Annual H O A: 150.00
  • H O A Company: Cypress Corner
  • H O A Phone: 252-943-1314
  • Listing I D: 100145426
  • Location Type: Mainland
  • Lot Description: Rural, Wetlands, Wooded
  • Lot Dimensions: See map
  • Lot Sq Ft: 71874.00
  • Lot Water Features: Water Access Comm
  • Marketing City: Chocowinity
  • Middle School: Chocowinity
  • M L S Approved: Y
  • Office Exclusive: No
  • Post Closing Seller Concessions: No
  • Prospect Exempt: No
  • Road Type Frontage: Paved
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Special Assessments: None known
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Cypress Corner
  • Tax Identifier: 2044
  • Tax Year: 2018
  • Terms: Cash, Conventional
  • Waterview: Yes
  • Zoning: Residential
  • Acres: 1.65
  • Buildigson Property: None
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Priceper Acre: 20909.09
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Marsh/Wetland, Rolling, Wooded
  • Water Frontage: 258.00
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes

Utilities

  • Utilities: Municipal Sewer Available, Municipal Water Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Nov 9, 2021
Sold by
Pascall Drew and Pascall Paulette
Bought by
Best Adolphus Thomas and Best Barbara Ayers
Seller's Agent
Elizabeth Wilder
United Country Respess Wilder
Buyer's Agent
Elizabeth Wilder
United Country Respess Real Estate
List Price
$34,500
Sold Price
$28,000
Premium/Discount to List
-$6,500
-18.84%
Current Estimated Value
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,000
Avg. Annual Appreciation
43.04%

Purchase Details

Closed on
Aug 1, 2018
Bought by
Pascall Drew and Pascall Paulette

Purchase Details

Closed on
Dec 16, 2014
Bought by
Grist Samuel Latham and Grist Lucy Cherry
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
Best Adolphus Thomas $28,000 Attorney Only
Pascall Drew $28,000 --
Grist Samuel Latham $20,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2021 11/17/21 Sold $28,000 -18.8% --
11/02/2021 11/02/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $34,500 +23.2% --
09/08/2021 09/08/21 Off Market $28,000 -- --
07/27/2021 07/27/21 For Sale $34,500 -3.9% --
06/16/2021 06/16/21 Pending -- -- --
01/08/2019 01/08/19 For Sale $35,900 -- --
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
2025 $963 $95,850 $95,850 $0
2024 $492 $35,000 $35,000 $0
2023 $492 $35,000 $35,000 $0
2022 $492 $35,000 $35,000 $0
2021 $538 $40,000 $40,000 $0
2020 $542 $40,000 $40,000 $0
2019 $490 $40,000 $40,000 $0
2018 $187 $40,000 $40,000 $0
2017 $1,036 $95,000 $95,000 $0
2016 $1,008 $95,000 $95,000 $0
2015 $964 $0 $0 $0
2014 $964 $0 $0 $0
2013 -- $95,000 $95,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100145426

Hive MLS

APN: 5674-44-5531