NOT LISTED FOR SALE

8040 Treasure Dr Oriental, NC 28571

Estimated Value: $688,000 - $773,000

0.53 Acre
$1,378,385 Price per Acre
23,087 Sq Ft Lot

Last Sold March 09, 2023

Last sale price $100,000

Est. 631% increase in value since last sale

Current estimated payment $4,015/month

481 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 80 Feet of Waterfront
  • River View
  • Pamlico County Middle School Rated 9+
  • Home fronts a creek
  • No HOA

About This Lot

As of March 2023

Waterfront homesite on Greens Creek in Teachs Cove subdivision moments from the Village of Oriental - our state's sailing capital.Desirable Southern Exposure, short paddle ride to Oriental Harbor to grab a cup of coffee or to tie up for lunch. Caution: be on the look out for dolphin sightings; striped bass fishing in Fall is wonderful as the cove is a natural habitat for marine life. 0.53 acre homesite offers 4 (+/-) ft depth for future dock. Current approved 3 bedroom septic permit on file. Greens Creek lies just off the Neuse River giving convenient and proximate access to the IntraCoastal Waterway. Locals and transients alike enjoy Oriental's year-round boating conditions and location on the seven-mile expanse of the Neuse River, the IntraCoastal Waterway and surrounding coastal towns and anchorages of the Pamlico Sound.

Last Agent to Sell the Property

BETH FRAZER

Beth Frazer & Associates, Inc. Brokerage Email: beth@bethfrazer.com License #206845 Listed on: 10/04/2021

Last Buyer's Agent

Beth Frazer

Beth Frazer & Associates, Inc. License #206845

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $579

Lot Details

  • 0.53 Acre Lot
  • Home fronts a creek
  • 80 Feet of Waterfront
  • Rural Setting
  • Open Lot
  • Cleared Lot
  • Property is zoned AE

Property Views

  • River
  • Creek or Stream

Listing and Financial Details

  • Tax Lot Lot 25
  • Assessor Parcel Number I081-5-25

Community Details

Overview

  • No Home Owners Association
  • Teachs Cove Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Deeded Waterfront Access Rights
  • Sailboat Water Access

Property Details

Property Type

Land

Est. Annual Taxes

$579

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 578.87
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 224528.30
  • Attribution Contact: beth@bethfrazer.com
  • Lot View Type: Creek View, Water View, River View
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Paved, See Remarks
  • Waterfront: Yes
  • Water Frontage: 79.52
  • Road Frontage Type: Creek Front

Utilities

  • Fuel Tank: None
  • Utilities: See Remarks

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: See Remarks

Schools

  • High School2: Pamlico County
  • Middle School2: Pamlico County

Lot Info

  • Cobra Zone: No
  • Deed Page: 461.00
  • Lot Description: Open, Water Depth 4+, Subdivision, See Remarks, Sailboat Accessible, Rural, Partially Cleared
  • Lot Dimensions: Irregular
  • Lot Number: Lot 25
  • Lot Sq Ft: 23087.00
  • Lot Water Features: Deeded Waterfront, Water Access Comm, Waterfront Comm, Water Depth 4+, Sailboat Accessible
  • Zoning: AE
  • Acres: 0.53
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No, Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Undeveloped, See Remarks, Cleared/Partial
  • Lot Number2: Lot 25

Tax Info

  • Tax Identifier: I081-5-25
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 578.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Korbel Thomas and Korbel Elizabeth Poole
Bought by
Korbel Thomas and Poole Korbel Elizabeth
Current Estimated Value
$730,544

Purchase Details

Listed on
Oct 4, 2021
Closed on
Feb 28, 2023
Sold by
Haywood Katherine Elizabeth
Bought by
Korbel Thomas
Seller's Agent
BETH FRAZER
Beth Frazer & Associates, Inc.
Buyer's Agent
Beth Frazer
Beth Frazer & Associates, Inc.
List Price
$129,000
Sold Price
$100,000
Premium/Discount to List
-$29,000
-22.48%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
98.99%

Purchase Details

Closed on
Dec 4, 2017
Sold by
Haywood Katherine Elizabeth and Foard Betsy Haywood
Bought by
Haywood Katherine Elizabeth

Purchase Details

Closed on
Jul 1, 1983
Bought by
Haywood Marshall
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
Korbel Thomas -- None Listed On Document
Korbel Thomas $100,000 --
Haywood Katherine Elizabeth -- None Available
Haywood Marshall $25,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2023 03/09/23 Sold $100,000 -16.0% --
01/28/2023 01/28/23 Pending -- -- --
06/26/2022 06/26/22 Price Changed $119,000 -7.8% --
10/04/2021 10/04/21 For Sale $129,000 -- --
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 $2,647 $392,186 $88,377 $303,809
2024 $750 $111,091 $88,377 $22,714
2023 $579 $88,377 $88,377 $0
2022 $579 $88,377 $88,377 $0
2021 $579 $88,377 $88,377 $0
2020 $579 $88,377 $88,377 $0
2019 $721 $110,000 $110,000 $0
2018 $721 $0 $0 $0
2017 $721 $0 $0 $0
2016 $713 $0 $0 $0
2015 $713 $110,000 $110,000 $0
2014 $713 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    BETH FRAZER

    Beth Frazer & Associates, Inc.

See All Agents

Map

Source: Hive MLS

MLS Number: 100293524

Hive MLS

APN: I081-5-25

North Carolina Pamlico County Oriental 28571

8040 Treasure Dr, Oriental, NC

Not Listed for Sale

Lots

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