NOT LISTED FOR SALE

5221 Webb Morehead City, NC 28557

Estimated Value: $1,790,000 - $3,189,791

0.45 Acre
$5,547,107 Price per Acre
19,602 Sq Ft Lot

Last Sold September 02, 2016

Last sale price $375,000

Est. 566% increase in value since last sale

Current estimated payment $14,092/month

322 Days on Market

Highlights

  • 121 Feet of Waterfront
  • Boat Dock
  • No HOA
  • Morehead City Primary School Rated A-
  • Deep Water Access
  • Level Lot

About This Lot

As of September 2016

Protected waterfront lot! Boaters 1st choice! Area is known as hurricane hole because of the protection it offers boaters from storms. Build a permanent or vacation home in this quiet established neighborhood. Beautiful cleared, deep water, canal front that's southward facing & features a dock shaded by a large mature oak tree. Walk out the back door of your new home, jump in your boat & head out on the Crystal Coast waters. Close to shopping, restaurants, schools, the hospital, beach & more.

Last Buyer's Agent

Patricia Mangum

RE/MAX Ocean Properties License #196485

RE/MAX Ocean Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,671

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 131 x 151 x 121 x 164
  • 121 Feet of Waterfront
  • Home fronts a sound
  • Level Lot
  • Property is zoned R15

Property Views

  • Water Views

Schools

  • Morehead City Primary Elementary School
  • Morehead City Middle School
  • West Carteret High School

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 636613030038000

Community Details

Overview

  • No Home Owners Association
  • Spooners Creek Subdivision

Recreation

  • Boat Dock
  • Deep Water Access
  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$2,671

Lot Details

0

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: 1487
  • Deed Page: 117.00
  • Directions To Property: Hwy 24 to Bryan Street. Turn right on Webb Court. Lot is located on the left, look for sign.
  • Document Count: 3
  • Elementary School: Morehead City Primary
  • Fuel Tank: None
  • High School: West Carteret
  • H O A: No
  • H O Aand Neighborhood Amenities: Dock
  • Listing I D: 11504621
  • Location Type: Mainland
  • Lot Description: Water Depth 4+
  • Lot Dimensions: 131 X 151 X 121 X 164
  • Lot Number: 11
  • Lot Sq Ft: 19602.00
  • Lot Water Features: Boat Dock, Bulkhead, Sound Side, Water Depth 4+, Waterfront Comm
  • Marketing City: Morehead City
  • Middle School: Morehead City
  • M L S Approved: Y
  • Post Closing Seller Concessions: No
  • Prospect Exempt: No
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Sign On Property: Yes
  • Special Assessments: None Known
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Spooners Creek
  • Tax Identifier: 636613030038000
  • Tax Year: 2015
  • Terms: Cash
  • Total City Real Estate Property Tax: 1430.33
  • Total Real Estate Property Taxes: 2671.34
  • Waterview: Yes
  • Zoning: R15
  • Acres: 0.45
  • Buildigson Property: None
  • Current Use: Residential
  • Deed Restriction: No
  • Environmental Hazard: No
  • Flood Zone: Yes
  • List Priceper Acre: 888888.89
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Level, See Remarks
  • Water Frontage: 121.00
  • Lot Number2: 11
  • 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
Sep 18, 2015
Closed on
Aug 31, 2016
Sold by
Burns Peggy B and Burns Charlton S
Bought by
Smith Jeffrey B and Smith Rebecca T
Buyer's Agent
Patricia Mangum
RE/MAX Ocean Properties
List Price
$424,000
Sold Price
$375,000
Premium/Discount to List
-$49,000
-11.56%
Current Estimated Value
$2,496,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,121,198
Avg. Annual Appreciation
22.50%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Jeffrey B $375,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2016 09/02/16 Sold $375,000 -11.6% --
08/05/2016 08/05/16 Pending -- -- --
09/18/2015 09/18/15 For Sale $424,000 -- --
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 $12,627 $2,207,798 $1,041,300 $1,166,498
2024 $9,688 $1,278,713 $365,521 $913,192
2023 $4,363 $1,278,713 $365,521 $913,192
2022 $4,235 $1,278,713 $365,521 $913,192
2021 $4,235 $1,278,713 $365,521 $913,192
2020 $2,800 $844,054 $365,521 $478,533
2019 $2,715 $870,847 $393,638 $477,209
2017 $1,282 $408,669 $393,638 $15,031
2016 $1,282 $408,669 $393,638 $15,031
2015 $1,241 $408,669 $393,638 $15,031
2014 $809 $264,645 $251,186 $13,459
Source: Public Records

Agents Affiliated with this Home

  • Patricia Mangum

    Buyer's Agent in 2016

    Patricia Mangum

    RE/MAX

    (252) 222-3222

    1 in this area

    38 Total Sales

    Patricia Mangum
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Map

Source: Hive MLS

MLS Number: 11504621

Hive MLS

APN: 6366.13.03.0038000

North Carolina Carteret County Morehead City 28557

5221 Webb, Morehead City, NC

Not Listed for Sale

Lots

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