NOT LISTED FOR SALE

5343 Florence Rd Merritt, NC 28556

Estimated Value: $100,152 - $286,000

25 Acres
$7,629 Price per Acre
1,089,000 Sq Ft Lot

Last Sold May 28, 2015

Last sale price $34,395

Est. 454% increase in value since last sale

Current estimated payment $1,033/month

1,177 Days on Market

Highlights

  • Horse Facilities
  • Waterfront
  • Wooded Lot
  • Pamlico County Middle School Rated 9+
  • 25 Acre Lot
  • No HOA

About This Lot

As of May 2015

Bargain priced land in Florence, formerly used as horse farm, fenced pasture, 1 acre pond. Lots of wooded bridle trails or sell the timber. Derelict house on the property has no value, but septic system and utilities are in place. Two additional septic permits are on the property.

Last Agent to Sell the Property

DARRELL WIARD

COLDWELL BANKER WILLIS SMITH - ORIENTAL License #225946 Listed on: 02/02/2012

Co-Listed By

Nancy Crain

Landmark Sotheby's International Realty License #241433

Landmark Sotheby's International Realty

Last Buyer's Agent

Nancy Crain

Landmark Sotheby's International Realty License #241433

Landmark Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $603

Lot Details

  • 25 Acre Lot
  • Waterfront
  • Cleared Lot
  • Wooded Lot

Farming

  • Pasture

Utilities

  • On Site Septic
  • Septic Tank

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$603

Lot Details

0

Listing Details

  • Property Type: B
  • Special Features: 12
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Waterfront: Yes

Utilities

  • Utilities: County Water, Septic On Site

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Horse Facility

Schools

  • School District: Pamlico

Lot Info

  • Deed Book: 543
  • Deed Page: 859.00
  • Lot Description: Partially Cleared, Pasture, Wooded
  • Lot Sq Ft: 1089000.00
  • Acres: 25.00
  • Deed Restriction: No
  • List Price per Acre: 1996.00
  • Topography: Cleared/Partial, Wooded

Tax Info

  • Total Real Estate Property Taxes: 603.07

MLS Schools

  • School District: Pamlico

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2012
Closed on
May 28, 2015
Bought by
Patton Daniel Et Ux Danelle
Seller's Agent
DARRELL WIARD
COLDWELL BANKER WILLIS SMITH - ORIENTAL
Buyer's Agent
Nancy Crain
Landmark Sotheby's International Realty
List Price
$115,000
Sold Price
$34,395
Premium/Discount to List
-$80,605
-70.09%
Current Estimated Value
$190,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,322
Avg. Annual Appreciation
17.87%

Purchase Details

Closed on
Jan 30, 2001
Bought by
Banks Leroy and Banks Mamie

Purchase Details

Closed on
Jan 1, 1899
Source: Public Records

Range of Values:

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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
Patton Daniel Et Ux Danelle -- --
Banks Leroy $171,000 --
-- $171,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2015 05/28/15 Sold $34,395 -70.1% --
04/24/2015 04/24/15 Pending -- -- --
02/02/2012 02/02/12 For Sale $115,000 -- --
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 $399 $56,431 $29,453 $26,978
2024 $399 $56,431 $29,453 $26,978
2023 $387 $56,431 $29,453 $26,978
2022 $387 $56,431 $29,453 $26,978
2021 $387 $56,431 $29,453 $26,978
2020 $387 $56,431 $29,453 $26,978
2019 $223 $32,519 $16,413 $16,106
2018 $233 $0 $0 $0
2017 $233 $0 $0 $0
2016 $233 $0 $0 $0
2015 $233 $33,920 $16,413 $17,507
2014 $233 $33,920 $16,413 $17,507
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    DARRELL WIARD

    COLDWELL BANKER WILLIS SMITH - ORIENTAL

    Section Image
  • Nancy Crain

    Seller Co-Listing Agent in 2015

    Nancy Crain

    Landmark Sotheby's International Realty

    (252) 229-7534

    28 in this area

    39 Total Sales

    Nancy Crain
    Section Image
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Map

Source: Hive MLS

MLS Number: 90084222

Hive MLS

APN: K052-11

North Carolina Pamlico County Merritt 28556

5343 Florence Rd, Merritt, NC

This home is located at 5343 Florence Rd, Merritt, NC 28556 since 02 February 2012 and is currently estimated at $190,717. 5343 Florence Rd is a home located in Pamlico County with nearby schools including Pamlico County Primary School, Fred A. Anderson Elementary School, and Pamlico County Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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