NOT LISTED FOR SALE

741 Log Cabin Rd Arapahoe, NC 28510

Estimated Value: $26,685 - $105,000

1.63 Acres
$40,394 Price per Acre
71,003 Sq Ft Lot

Last Sold June 03, 2021

Last sale price $20,000

Est. 229% increase in value since last sale

Current estimated payment $371/month

266 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront Community
  • 1.63 Acre Lot
  • Pamlico County Middle School Rated 9+
  • Boat Dock
  • Wooded Lot

About This Lot

As of June 2021

1.6 acre Pie Shaped lot at the end of log cabin in Carraway Cove, a planned waterfront community on Bairds Creek with a community boat launch and boat ramp for easy access to the Neuse River and ICW. Non-flooding elevation and protected location. Beautiful woods and trees. Paved roads and underground utilities. Log cabins are allowed per covenants. This is an affordable premier lot location in the community with good space between homes (one of the larges lots avaialble with out combining). Nice newer homes being built. Near Camp Seafarer (YMCA girls camp). 25 min to New Bern. 10min to Oriental and Ferry to area Beaches. Septic Permit on file is expired and buyer would need to renew.

Last Agent to Sell the Property

GARY POINDEXTER

Keller Williams Realty License #235349 Listed on: 06/12/2020

Keller Williams Realty

Last Buyer's Agent

GARY POINDEXTER

Keller Williams Realty License #235349 Listed on: 06/12/2020

Keller Williams Realty

Property Details

Property Type

  • Land

Lot Details

  • 1.63 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Accessible Home Design

  • Accessible Ramps

Schools

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

Utilities

  • Well
  • Septic Permit Issued

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number E09-17-10

Community Details

Overview

  • Caraway Cove HOA, Phone Number (919) 349-0557
  • Caraway Cove Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Waterfront Community
  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: No
  • Buildigson Property: None
  • List Priceper Acre: 15337.42
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Private
  • Waterfront: No

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Tideland Electric
  • Utilities: Not Tested, See Remarks, Septic Permit on file, Well Water

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Dock, Maint - Comm Areas, Maint - Roads, Mgmt Fee, Ramp
  • Annual H O A: 250.00
  • H O A Company: Caraway Cove
  • H O A Phone: 919-3490557

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

Lot Info

  • Cobra Zone: No
  • Deed Book: 508
  • Deed Page: 266.00
  • Lot Description: Cul-de-Sac Lot, Wooded
  • Lot Dimensions: 1.6
  • Lot Number: 10
  • Lot Sq Ft: 71003.00
  • Lot Water Features: Deeded Water Access, Water Access Comm, Waterfront Comm
  • Zoning: Residential
  • Acres: 1.63
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Rolling, Wooded
  • Lot Number2: 10

Rental Info

  • Appointment Center Phone: 252-474-5700
  • Appointment Contact: Contact Agent

Tax Info

  • Tax Identifier: E09-17-10
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
May 28, 2021
Sold by
Reeley Susan S
Bought by
Mclawhorn Michael Alan and Mclawhorn Linda Lee
Seller's Agent
GARY POINDEXTER
Keller Williams Realty
Buyer's Agent
GARY POINDEXTER
Keller Williams Realty
List Price
$25,000
Sold Price
$20,000
Premium/Discount to List
-$5,000
-20%
Current Estimated Value
$65,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,843
Avg. Annual Appreciation
29.28%

Purchase Details

Closed on
Oct 9, 2007
Sold by
Caraway Cove Llc
Bought by
Reeley Susan Sigman

Purchase Details

Closed on
Jan 1, 1899
Bought by
Caraway Cove Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mclawhorn Michael Alan $20,000 None Available
Reeley Susan Sigman $50,000 None Available
Caraway Cove Llc $50,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $20,000 -20.0% --
03/05/2021 03/05/21 Pending -- -- --
06/12/2020 06/12/20 For Sale $25,000 -- --
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 $96 $13,852 $13,852 $0
2024 $96 $13,852 $13,852 $0
2023 $94 $13,852 $13,852 $0
2022 $92 $13,852 $13,852 $0
2021 $92 $13,852 $13,852 $0
2020 $92 $13,852 $13,852 $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: 100221970

Hive MLS

APN: E09-17-10