NOT LISTED FOR SALE

564 Alligator Loop Rd Merritt, NC 28556

Estimated Value: $182,713 - $281,000

2 Beds
2 Baths
1,244 Sq Ft
$178/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $155,500 $125 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,208/month

714 Days on Market

Highlights

  • 1.5 Acre Lot
  • Wood Flooring
  • Home Office
  • Pamlico County Middle School Rated 9+
  • No HOA
  • Covered Patio or Porch

About This Home

As of March 2021

Open concept living in a light, airy home is the perfect starter or retirement space in the country. Located in a quiet neighborhood with plenty of space to spread out on an unrestricted lot. Shopping, dining, entertainment is only 12 minutes from Oriental and 10 minutes from Grantsboro with boat access and fishing all around. Gorgeous red oak floors. Master bedroom with en suite & walk in closet. Full bath with seated shower next to guest bedroom and home office. New roof in 2015 and new HVAC motor in 2018. Home has been well cared for and is in beautiful shape.

Last Agent to Sell the Property

KAREN THOMAS

Century 21 Sail/Loft Realty License #298531 Listed on: 01/23/2019

Last Buyer's Agent

CHRIS MACHLE

TIDEWATER REAL ESTATE, INC License #125354

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $766

Year Built

  • Built in 1994

Lot Details

  • 1.5 Acre Lot
  • Open Lot

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,244 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Combination Dining and Living Room
  • Home Office
  • Crawl Space
  • Storm Doors

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Attic

  • Pull Down Stairs to Attic
  • Partially Finished Attic

Parking

  • 1 Attached Carport Space
  • Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • Propane
  • Electric Water Heater
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number I05-23-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$766

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial, Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Carpet, Vinyl, Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Walk-In Closet, Pantry, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Closet
  • List Price per Sq Ft: 127.81
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 5
  • Bedroom 1 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Office Level: Main
  • Sq Ft Heated: 1244.00
  • Total Heated Primary Separate Sq Ft: 1244.00

Exterior Features

  • Exterior Features: Storm Doors, Thermal Windows
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Storage
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Carport, Paved

Utilities

  • Appliances Equipment: Dishwasher, Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Dryer
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heating System: Heat Pump
  • Utilities: Municipal Water, Septic On Site
  • Water Heater: Electric
  • HeatingSystemFuelSource: Propane Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Schools

  • School District: Pamlico

Lot Info

  • Deed Page: 623.00
  • Lot Acres: 1.50
  • Lot Description: Open
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 65340.00
  • Lot Water Features: None
  • Plat Book: A
  • Plat Page: 70.1
  • Zoning: Residential

Tax Info

  • Tax Identifier: I05-23-1
  • Tax Year: 2017
  • Total Real Estate Property Taxes: 766.08

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2019
Closed on
Feb 24, 2021
Sold by
Hoffman Lela C
Bought by
Spain Derek E
Seller's Agent
KAREN THOMAS
Century 21 Sail/Loft Realty
Buyer's Agent
CHRIS MACHLE
TIDEWATER REAL ESTATE, INC
List Price
$159,000
Sold Price
$155,500
Premium/Discount to List
-$3,500
-2.2%
Current Estimated Value
$220,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,428
Avg. Annual Appreciation
7.85%
Original Mortgage
$161,098
Outstanding Balance
$144,413
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$76,515

Purchase Details

Closed on
Jan 7, 1993
Bought by
Hoffman Joseph Mcneil
Source: Public Records

Range of Values:

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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
Spain Derek E $155,500 None Available
Hoffman Joseph Mcneil $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spain Derek E $161,098
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $155,500 0.0% $125 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
12/03/2020 12/03/20 Off Market $155,500 -- --
01/23/2019 01/23/19 For Sale $159,000 -- $128 / Sq Ft
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 $600 $86,369 $14,779 $71,590
2024 $600 $86,369 $14,779 $71,590
2023 $583 $86,369 $14,779 $71,590
2022 $575 $86,369 $14,779 $71,590
2021 $575 $86,369 $14,779 $71,590
2020 $575 $86,369 $14,779 $71,590
2019 $766 $115,166 $20,067 $95,099
2018 $766 $0 $0 $0
2017 $766 $0 $0 $0
2016 $755 $0 $0 $0
2015 $755 $115,166 $20,067 $95,099
2014 $755 $115,166 $20,067 $95,099
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100147116

Hive MLS

APN: I05-23-1