NOT LISTED FOR SALE

517 Cooper Leath Oriental, NC 28571

Estimated Value: $419,000 - $932,804

9.7 Acres
$73,052 Price per Acre
422,532 Sq Ft Lot

Sale Details

Date Sold: April 30, 2021

Last sale price $225,000

Est. 215% increase in value since last sale

Current estimated payment $4,052 / mo

224 Days on Market

Highlights

  • 424 Feet of Waterfront
  • 9.7 Acre Lot
  • No HOA
  • Pamlico County Middle School Rated 9+
  • Wetlands on Lot
  • Level Lot

About This Lot

As of April 2021

A Riverfront development dream! The rarest of opportunities awaits you here in the form of the largest tract (9.77 acres) of waterfront property available on the outskirts of the Village of Oriental! Unrestricted by deed and usable for a variety of purposes and perfect for a residential/commercial combination, private retreat or equestrian center! Much of the property is out of the 100-year flood zone and the elevated topography is mostly level and slopes just enough towards the gorgeous marsh/wetland border on the property's eastern boundary to enhance drainage. The Neuse River frontage is ASTOUNDING! The banks are high above your 420+ feet of your own PRIVATE BEACH and the southern exposure assures you of the cooling summer breezes. Build a dock and bring your fishing pole! The property was mostly cleared several years ago and routine mulching should be all that's needed to keep it in manageable shape. Mature trees enhance the scenery of the eastern flank and would be a lovely space to tuck in a guest house or any number of outbuildings! Plenty of options for siting your dream home with commanding views and plenty of privacy! What is YOUR dream? Live in a camper while you build your home? Open a business? Have a small farm? Create a small cottage or RV community? You decide. There will likely not be another opportunity to live in such waterfront splendor like this again, just a short bike ride to town. Waterfront acreage with sweepingly endless views, sandy shores, flexible uses and huge investment potential!

Last Agent to Sell the Property

CHRIS MACHLE

TIDEWATER REAL ESTATE, INC License #125354 Listed on: 06/26/2020

Last Buyer's Agent

CHRIS MACHLE

TIDEWATER REAL ESTATE, INC License #125354 Listed on: 06/26/2020

Property Details

Property Type

  • Land

Lot Details

  • 9.7 Acre Lot
  • 424 Feet of Waterfront
  • Property fronts a private road
  • Street terminates at a dead end
  • Level Lot
  • Open Lot
  • Cleared Lot

Schools

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

Additional Features

  • Water Views
  • Well

Listing and Financial Details

  • Assessor Parcel Number I09-11-1-1

Community Details

Overview

  • No Home Owners Association

Recreation

  • Wetlands on Lot

Property Details

Property Type

Land

Lot Details

9.7 Acres

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 30412.37
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Private, Unpaved
  • Waterfront: Yes
  • Water Frontage: 424.00

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Tideland Electric
  • Service Providers Water Provider: Pamlico County
  • Utilities: Not Tested, Water Tap Available, Well Water

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Schools

  • Elementary School: Pamlico County Primary
  • High School: Pamlico County
  • High School2: Pamlico County
  • Middle School: Pamlico County
  • Middle School2: Pamlico County
  • School District: Pamlico

Lot Info

  • Cobra Zone: No
  • Deed Book: 566
  • Deed Page: 645.00
  • Lot Description: Dead End, Open, Partially Cleared, See Remarks, Wetlands
  • Lot Dimensions: See survey
  • Lot Sq Ft: 422532.00
  • Acres: 9.70
  • Current Use: Development, Recreational
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Cleared/Partial, Level, See Remarks, Undeveloped, Watershed

Tax Info

  • Tax Identifier: I09-11-1-1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Apr 28, 2021
Sold by
Waterfront Development & Investments Llc
Bought by
Freeman Charles Ladd and Freeman Janet Kile
Seller's Agent
CHRIS MACHLE
TIDEWATER REAL ESTATE, INC
Buyer's Agent
CHRIS MACHLE
TIDEWATER REAL ESTATE, INC
List Price
$295,000
Sold Price
$225,000
Premium/Discount to List
-$70,000
-23.73%
Current Estimated Value
$708,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,601
Avg. Annual Appreciation
26.08%

Purchase Details

Closed on
Apr 13, 2012
Sold by
Wiggins Cove Llc
Bought by
Waterfront Developments And Investments
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
Freeman Charles Ladd $225,000 None Available
Freeman Charles Ladd $225,000 Delamar Sara L
Waterfront Developments And Investments -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $225,000 -23.7% --
02/05/2021 02/05/21 Pending -- -- --
06/26/2020 06/26/20 For Sale $295,000 -- --
Source: Hive MLS

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 $3,230 $478,480 $138,935 $339,545
2024 $3,230 $478,480 $138,935 $339,545
2023 $2,121 $323,867 $68,654 $255,213
2022 $519 $79,180 $68,654 $10,526
2021 $450 $68,654 $68,654 $0
2020 $445 $68,011 $68,011 $0
2019 $392 $59,855 $59,855 $0
2018 $392 $0 $0 $0
2017 $392 $0 $0 $0
2016 $388 $0 $0 $0
2015 $388 $59,855 $59,855 $0
2014 $388 $59,855 $59,855 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100224114

Hive MLS

APN: I09-11-1-1

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