NOT LISTED FOR SALE

5667 Florence Rd Merritt, NC 28556

Estimated Value: $499,000 - $858,000

3 Beds
2 Baths
2,862 Sq Ft
$233/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $420,000 $147 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,705/month

About This Home

As of November 2020

For those who love the water's edge, this home is just what you're looking for. A generous 10 acre waterfront property has many possibilities for all your hobbies. Just imagine boating, horses, gardening and more. A fabulous array of windows capture the view. Generous open floor plan provides gracious entertaining spaces. The master suite is located on the main floor with a private den with views from every window. There is also a main floor office space. Upstairs you have 2 generous bedrooms with private balconies. This home was well executed to be a safe harbor. Well elevated with garage and workspace below. A concrete dock an kohler generator.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Steinfeld Henry
Bought by
Steinfeld Henry Scott and Steinfeld Revocabl Henry Scott
Current Estimated Value
$666,255

Purchase Details

Listed on
Jul 19, 2020
Closed on
Nov 3, 2020
Sold by
Drap Kathleen
Bought by
Steinfeld Henry
Seller's Agent
CHRISTIE HUDSON
TIDEWATER REAL ESTATE, INC
Buyer's Agent
Trey McGovern
Keller Williams Realty
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$435,120
Outstanding Balance
$387,195
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$279,060

Purchase Details

Closed on
Mar 19, 2018
Sold by
Drap K J and Drap Dennise
Bought by
Drap Dennis and Drap Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,550
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2017
Sold by
Drap K J K and Drap Caitlin
Bought by
Drap K J K and Drap Kathleen

Purchase Details

Closed on
Mar 20, 2009
Sold by
Drap Dennis S and Drap Kathleen
Bought by
Drap K J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2003
Bought by
Drap Dennis S

Purchase Details

Closed on
Dec 17, 1999
Bought by
Whorton Robt and Whorton Paul

Purchase Details

Closed on
Jan 31, 1996
Bought by
Whorton Ira Lee
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Steinfeld Henry Scott -- None Available
Steinfeld Henry $420,000 None Available
Drap Dennis -- --
Drap K J K -- None Available
Drap K J $489,000 --
Drap Dennis S $112,500 --
Whorton Robt $112,500 --
Whorton Ira Lee $112,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinfeld Henry $435,120
Previous Owner Drap Dennis $377,550
Previous Owner Drap K J $391,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2020 11/24/20 Sold $420,000 -3.4% $147 / Sq Ft View Prior Sale
09/12/2020 09/12/20 Pending -- -- --
07/19/2020 07/19/20 For Sale $435,000 -- $152 / Sq Ft

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 $2,528 $357,938 $106,922 $251,016
2024 $2,528 $357,938 $106,922 $251,016
2023 $2,457 $357,938 $106,922 $251,016
2022 $2,457 $357,938 $106,922 $251,016
2021 $2,457 $357,938 $106,922 $251,016
2020 $2,457 $357,938 $106,922 $251,016
2019 $3,244 $472,711 $210,700 $262,011
2018 $3,244 $0 $0 $0
2017 $3,063 $0 $0 $0
2016 $3,063 $0 $0 $0
2015 $3,063 $446,366 $210,700 $235,666
2014 $3,063 $446,366 $210,700 $235,666
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    CHRISTIE HUDSON

    TIDEWATER REAL ESTATE, INC

    (252) 637-0983

    15 in this area

    80 Total Sales

    CHRISTIE HUDSON
    Section Image

  • T

    Buyer's Agent in 2020

    Trey McGovern

    Keller Williams Realty

    (252) 649-3854

    1 in this area

    31 Total Sales

    Trey McGovern
    Section Image
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Map

North Carolina Pamlico County Merritt 28556

5667 Florence Rd, Merritt, NC

This home is located at 5667 Florence Rd, Merritt, NC 28556 and is currently estimated at $666,255, approximately $232 per square foot. 5667 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.

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