NOT LISTED FOR SALE

553 Arant Farm Rd Merritt, NC 28556

Estimated Value: $84,000 - $119,109

1.17 Acres
$86,799 Price per Acre
50,965 Sq Ft Lot

Last Sold December 06, 2021

Last sale price $7,000

Est. 1,351% increase in value since last sale

Current estimated payment $599/month

144 Days on Market

About This Lot

As of December 2021

Priced reduced on this attractive ready-to-build lot. Masons Pointe is a waterfront community and the lot is just a short walk to the waterfront. The lot is over one acre and is priced to sell. There is a neighborhood boat ramp to launch all your water toys. Please bring offers, seller is motivated.

Last Agent to Sell the Property

Rosalie Hollings

TIDEWATER REAL ESTATE, INC License #248485 Listed on: 04/06/2021

Last Buyer's Agent

Rosalie Hollings

TIDEWATER REAL ESTATE, INC License #248485 Listed on: 04/06/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $143

Lot Details

  • 1.17 Acre Lot
  • Lot Dimensions are 124 x 256 x152 x 270
  • Cleared Lot

HOA Fees

  • $33 Monthly HOA Fees

Schools

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

Community Details

  • Bay Winds HOA, Phone Number (919) 593-7448
  • Masons Pointe Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number J043-58-54

Property Details

Property Type

Land

Est. Annual Taxes

$143

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Cobra Zone: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved
  • Waterfront: No
  • Waterview: No
  • Total Road Frontage: 124

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas
  • Annual HOA: 400.00
  • HOA Company: Bay Winds HOA
  • HOA Phone: 919-593-7448

Schools

  • School District: Pamlico

Lot Info

  • Deed Book: 490
  • Deed Page: 291.00
  • Lot Dimensions: 124 x 256 x152 x 270
  • Lot Sq Ft: 50965.00
  • Plat Book: A
  • Plat Page: 157-3
  • Special Assessments: Non known
  • Zoning: Residential
  • Acres: 1.17
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Price per Acre: 8547.01
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial

Tax Info

  • Tax Identifier: J043-58-54
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 142.74

MLS 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Nov 23, 2021
Sold by
Wise Brian B and Wise Rosie A
Bought by
B & C Property Investments Llc
Seller's Agent
Rosalie Hollings
TIDEWATER REAL ESTATE, INC
Buyer's Agent
Rosalie Hollings
TIDEWATER REAL ESTATE, INC
List Price
$10,000
Sold Price
$7,000
Premium/Discount to List
-$3,000
-30%
Current Estimated Value
$101,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,555
Avg. Annual Appreciation
106.44%

Purchase Details

Closed on
Feb 26, 2007
Sold by
Cdkp Development Inc
Bought by
Wise Brian D and Wise Rosie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,875
Interest Rate
8.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
B & C Property Investments Llc $7,000 Delamar & Delamar Pllc
Wise Brian D $52,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wise Brian D $49,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $7,000 -30.0% --
08/28/2021 08/28/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $10,000 -- --
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
2024 $147 $20,799 $20,799 $0
2023 $143 $20,799 $20,799 $0
2022 $143 $20,799 $20,799 $0
2021 $143 $20,799 $20,799 $0
2020 $143 $20,799 $20,799 $0
2019 $211 $30,782 $30,782 $0
2018 $211 $0 $0 $0
2017 $211 $0 $0 $0
2016 $211 $0 $0 $0
2015 $211 $30,782 $30,782 $0
2014 $211 $30,782 $30,782 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100265470

Hive MLS

APN: J043-58-54