NOT LISTED FOR SALE

579 Alligator Loop Rd Merritt, NC 28556

Estimated Value: $142,000

17.6 Acres
$8,068 Price per Acre
766,656 Sq Ft Lot

Last Sold January 24, 2020

Last sale price $70,000

Est. 103% increase in value since last sale

Current estimated payment $811/month

808 Days on Market

Highlights

  • 1,323 Feet of Waterfront
  • Home fronts a creek
  • No HOA
  • Pamlico County Middle School Rated 9+
  • 17.6 Acre Lot

About This Lot

As of January 2020

Large deep water lot on Trent Creek. Neighboring lots for sale as well, listed separately.

Last Agent to Sell the Property

Larry Gwaltney

Century 21 Sail/Loft Realty License #123857 Listed on: 11/07/2017

Century 21 Sail/Loft Realty

Last Buyer's Agent

Larry Gwaltney

Century 21 Sail/Loft Realty License #123857 Listed on: 11/07/2017

Century 21 Sail/Loft Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $554

Lot Details

  • 17.6 Acre Lot
  • Home fronts a creek
  • 1,323 Feet of Waterfront
  • Cleared Lot

Property Views

  • Water Views

Schools

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

Utilities

  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number I05-22-2

Property Details

Property Type

Land

Est. Annual Taxes

$554

Lot Details

0

Listing Details

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

Exterior Features

  • Road Type Frontage: Maintained, Public (City/Cty/St)
  • Waterfront: Yes
  • Waterview: Yes
  • Total Road Frontage: 538
  • Water Frontage: 1323.20

Utilities

  • Fuel Tank: None
  • Utilities: County Water, Septic On Site

Association/Amenities

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

Schools

  • School District: Pamlico

Lot Info

  • Deed Page: 772.00
  • Lot Description: Partially Cleared
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 766656.00
  • Lot Water Features: Waterfront Comm
  • Acres: 17.60
  • Deed Restriction: No
  • Environmental Hazard: No
  • List Price per Acre: 8465.91
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial

Tax Info

  • Tax Identifier: I05-22-2
  • Tax Year: 2015
  • Total Real Estate Property Taxes: 554.00

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
Nov 7, 2017
Closed on
Jan 28, 2020
Sold by
Leroy D Lupton Sr T
Bought by
Benton Maurice W and Benton Glenda G
Seller's Agent
Larry Gwaltney
Century 21 Sail/Loft Realty
Buyer's Agent
Larry Gwaltney
Century 21 Sail/Loft Realty
List Price
$175,000
Sold Price
$70,000
Premium/Discount to List
-$105,000
-60%
Current Estimated Value
$142,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,000
Avg. Annual Appreciation
13.07%

Purchase Details

Closed on
Oct 8, 2008
Sold by
Lupton Leroy D
Bought by
Lupton Leroy D and Leroy D Lupton Sr Irrevocable Trust

Purchase Details

Closed on
Mar 1, 1990
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
Benton Maurice W -- None Available
Lupton Leroy D -- None Available
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2020 01/24/20 Sold $70,000 -60.0% --
01/24/2020 01/24/20 Pending -- -- --
11/07/2017 11/07/17 For Sale $175,000 -- --
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 $790 $113,661 $80,554 $33,107
2024 $790 $113,661 $80,554 $33,107
2023 $767 $113,661 $80,554 $33,107
2022 $536 $80,640 $80,554 $86
2021 $536 $80,640 $80,554 $86
2020 $536 $80,640 $80,554 $86
2019 $515 $84,474 $83,554 $920
2018 $562 $0 $0 $0
2017 $562 $0 $0 $0
2016 $553 $0 $0 $0
2015 $553 $84,474 $83,554 $920
2014 $553 $84,474 $83,554 $920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100089079

Hive MLS

APN: I05-22-2