NOT LISTED FOR SALE

693 Log Cabin Rd Arapahoe, NC 28510

Estimated Value: $310,000

0.64 Acre
$484,375 Price per Acre
27,878 Sq Ft Lot

Last Sold January 27, 2022

Last sale price $14,000

Est. 2,114% increase in value since last sale

Current estimated payment $1,648/month

370 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Boat Dock
  • Accessible Ramps
  • Pamlico County Middle School Rated 9+
  • Boat Ramp
  • Level Lot

About This Lot

As of January 2022

Interior Building Lot in Caraway Cove planned boating community on Bairds Creek with access to the Neuse River. The community offers a boat ramp and day dock for easy launch and retrieval of boats into Bairds Creek and the Neuse River. Community allows kit log cabins, off frame modular with architerctural review. 25 minutes to New Bern. 10 minutes to NCDOT ferry to Beaufort and area Beaches. 10 minutes to Oriental Waterfront. Affordable private living in coastal North Carolina. Lot is a non-flooding elevation, so no Flood Insurance is required.

Last Agent to Sell the Property

GARY POINDEXTER

Keller Williams Realty License #235349 Listed on: 11/29/2020

Keller Williams Realty

Last Buyer's Agent

Gary Butts

Lee and Harrell Real Estate Professionals License #234905

Lee and Harrell Real Estate Professionals

Property Details

Property Type

  • Land

Lot Details

  • 0.64 Acre Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $21 Monthly HOA Fees

Schools

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

Additional Features

  • Accessible Ramps
  • Water Rights

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number E09-17-14

Community Details

Overview

  • Caraway Cove Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Deeded Waterfront Access Rights
  • Boat Ramp

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Auction: No
  • Cobra Zone: No
  • Deed Page: 175.00
  • Directions To Property: Hwy 306 S. from Hwy 55. Take R on Seafarer Rd. at Dollar General. Go 2 mi. R on Log Cabin Rd. into Caraway Cove. Lot is on Left side before cul-de-sac.
  • Document Count: 3
  • Elementary School: Pamlico County Primary
  • Elementary School#2: Pamlico County Primary
  • Federal Flood Ins Avlbl: No
  • Fencing: None
  • Fuel Tank: None
  • High School: Pamlico County
  • High School2: Pamlico County
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Boat Dock, Waterfront Community, Ramp, Maint - Roads, Maint - Comm Areas
  • Listing I D: 100302654
  • Location Type: Mainland
  • Lot Description: Deeded Water Rights, Subdivision, See Remarks
  • Lot Number: 14
  • Lot Sq Ft: 27878.00
  • Lot Water Features: Boat Ramp, Deeded Water Access, Water Access Comm, Dock
  • Marketing City: Arapahoe
  • Middle School: Pamlico County
  • Middle School2: Pamlico County
  • M L S Approved: Y
  • Road Type Frontage: Maintained, Paved, Private Road
  • School District: Pamlico
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Tideland Electric
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: Standard
  • Subdivision: Caraway Cove
  • Tax Identifier: E09-17-14
  • Tax Year: 2020
  • Terms: Cash, Conventional
  • Waterview: No
  • Acres: 0.64
  • Buildigson Property: None
  • Current Use: Development, Residential
  • Deed Restriction: Yes
  • Deferred Taxes: No
  • Environmental Hazard: Unknown
  • List Priceper Acre: 29687.50
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Cleared/Partial, Level
  • Lot Number2: 14
  • H O A Association Fee1 Year: 250.00
  • H O A H O A1 Mgmt Company: Carraway Cove
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2022
Sold by
Leigh Strickland Amy and Leigh Richard W
Bought by
J & B Homes Llc
Current Estimated Value
$310,000

Purchase Details

Listed on
Nov 29, 2020
Closed on
Jan 18, 2022
Sold by
Whitener and Marilyn
Bought by
J & B Homes Llc
Seller's Agent
GARY POINDEXTER
Keller Williams Realty
Buyer's Agent
Gary Butts
Lee and Harrell Real Estate Professionals
List Price
$19,000
Sold Price
$14,000
Premium/Discount to List
-$5,000
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.63%

Purchase Details

Closed on
Mar 26, 2008
Sold by
Caraway Cove Llc and Watkeys C G
Bought by
Whitener George W and Whitener Marilyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.68%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
J & B Homes Llc -- Delamar & Delamar Pllc
J & B Homes Llc $14,000 Sara L Delamar Delamar & Delam
Whitener George W $40,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitener George W $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2022 01/27/22 Sold $14,000 -26.3% --
11/29/2021 11/29/21 Pending -- -- --
11/24/2020 11/24/20 For Sale $19,000 -- --
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 $72 $10,335 $10,335 $0
2023 $27 $10,335 $10,335 $0
2022 $69 $10,335 $10,335 $0
2021 $69 $10,335 $10,335 $0
2020 $69 $10,335 $10,335 $0
2019 $200 $30,000 $30,000 $0
2018 $200 $0 $0 $0
2017 $200 $0 $0 $0
2016 $197 $0 $0 $0
2015 $197 $30,000 $30,000 $0
2014 $197 $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100302654

Hive MLS

APN: E09-17-14