NOT LISTED FOR SALE

568 Bay Shores Rd Merritt, NC 28556

Estimated Value: $426,503 - $584,000

0.76 Acre
$664,255 Price per Acre
33,106 Sq Ft Lot

Last Sold August 31, 2018

Last sale price $80,000

Est. 524% increase in value since last sale

Current estimated payment $2,922/month

2,529 Days on Market

Highlights

  • 122 Feet of Waterfront
  • Open Lot
  • Maintained Community
  • Wooded Lot

About This Lot

As of August 2018

Owner says Sell! Unbelievable price for Bay River front lot. Gorgeous Bay River Waterfront 3 mile, water views await the construction of your home on this large 3/4 acre lot. Add a dock for your boat and head to sea with no bridge restrictions. Or catch seafood right from your own back yard. Upscale neighboring homes. Wooded residential land across the street. 15 minutes from Oriental and Bayboro.

Last Agent to Sell the Property

GARY POINDEXTER

Keller Williams Realty License #235349 Listed on: 07/30/2011

Keller Williams Realty

Last Buyer's Agent

Stephen Atkins II

License #208799

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $485

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 90 x 329.6 x 121.75 x 304.2
  • 122 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Open Lot
  • Cleared Lot
  • Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Schools

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

Additional Features

  • Water Views
  • Septic Permit Issued

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number J043-3-7

Community Details

Overview

  • Bay Shore Estates Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Bulkhead

Property Details

Property Type

Land

Est. Annual Taxes

$485

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: River Front
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 90
  • Water Frontage: 122.00

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Water Available, Septic Permit on file

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Maint - Comm Areas
  • HOAAssociationFee1Year: 250.00

Schools

  • School District: Pamlico

Lot Info

  • Deed Page: 455.00
  • Lot Description: Open
  • Lot Dimensions: 90 x 329.6 x 121.75 x 304.2
  • Lot Number: 7
  • Lot Sq Ft: 33114.00
  • Lot Water Features: Bulkhead, Waterfront Comm
  • Plat Book: A-9
  • Plat Page: 6 and 7
  • Zoning: Resi
  • Acres: 0.76
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Price per Acre: 117105.26
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Wooded
  • Lot Number2: 7

Tax Info

  • Tax Identifier: J043-3-7
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 485.00

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
Jul 30, 2011
Closed on
Aug 14, 2018
Sold by
Gore John M
Bought by
Susie Mark J and Averett Paige E
Seller's Agent
GARY POINDEXTER
Keller Williams Realty
Buyer's Agent
Stephen Atkins II
List Price
$189,000
Sold Price
$80,000
Premium/Discount to List
-$109,000
-57.67%
Current Estimated Value
$499,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,095
Avg. Annual Appreciation
29.48%
Original Mortgage
$186,000
Outstanding Balance
$163,198
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$318,597

Purchase Details

Closed on
Jul 28, 2016
Sold by
Gore Helen W
Bought by
Gore John M

Purchase Details

Closed on
Jun 7, 2005
Sold by
Asman William L and Asman Roberta L
Bought by
Gore John M and Gore Helen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,664
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2004
Bought by
Toten Donald Paul

Purchase Details

Closed on
Oct 1, 1994
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
Susie Mark J $80,000 --
Gore John M -- None Available
Gore John M $250,000 Chicago Title Insurance Comp
Toten Donald Paul $250,000 --
-- $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Susie Mark J $186,000
Previous Owner Gore John M $150,000
Previous Owner Gore John M $152,664
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $80,000 -57.7% --
07/02/2018 07/02/18 Pending -- -- --
07/30/2011 07/30/11 For Sale $189,000 -- --
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 $2,018 $285,708 $78,812 $206,896
2023 $1,447 $210,884 $78,812 $132,072
2022 $1,447 $210,884 $78,812 $132,072
2021 $1,447 $210,884 $78,812 $132,072
2020 $1,447 $210,884 $78,812 $132,072
2019 $550 $80,160 $75,000 $5,160
2018 $550 $0 $0 $0
2017 $550 $0 $0 $0
2016 $550 $0 $0 $0
2015 $550 $80,160 $75,000 $5,160
2014 $550 $80,160 $75,000 $5,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 90082519

Hive MLS

APN: J043-3-7