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5502 Hwy 70 W, Morehead City, NC, 28557

$475,000

1.02 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeIndustrial
MLS #100410592
Lot Size1.02 Acres
StatusActive

About 5502 Hwy 70 W

Very desirable 1.02 acre commercial lot with 167 feet of HWY 70 frontage and over 33,000 cars/day traffic count. Good visibility from west or east lanes of US 70. Cleared, elevated and ready for a building or a sales lot. Located in an X flood zone. Priced below the market.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Sea Coast AB

Lot Features

Lot Information:

  • Lot Size: 1.02 Acres

School Info

Assigned Schools Information:

  • West Carteret High School, Public District Grades 9-12
  • Newport Middle School, Public District Grades 6-8
  • Morehead Elementary At Camp Glenn, Public District Grades 4-5
  • Morehead City Primary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Highway 70W towards Havelock. Lot is located on the right hand side of highway, just past Wildwood Road and Carter Machine Shop. Sign in yard.

Price Information

Listing Price Info

Price Summary:

  • List Price: $475,000

Tax Information:

  • Annual Amount: $515
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Morehead City, NC.

Med. Sold Price

$395K

Med. Price/SqFt

$215

Avg. Days On Market

39

# of Sold Homes

18

5502 Hwy 70 W vs Morehead City

42 DAYS ON ROCKET

+3 Days

$475,000

+$80K More

KEY TAKEAWAY

This property is $80K more than the Median Sold Price in Morehead City, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100410592

Listing Office:

  • Office Name: Coldwell Banker Sea Coast AB

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 1:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 17, 2019Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2021$515$129,591
2020$489$129,591
2019$489$129,591
2018$489$129,591
2017$489$129,591

History based on county public records data.

Payment Calculator

$2,438

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,491

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1278436
7
/10
  • Morehead City Primary School

  • 4409 Country Club Rd

  • 3.20 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1278437
8
/10
  • Newport Middle School

  • 500 E Chatham St

  • 2.53 miles

  • Public District Grades 6-8

school-card-donut-1278438
6
/10
  • Morehead Elementary At Camp Glenn

  • 3316 Arendell St

  • 4.90 miles

  • Public District Grades 4-5

High School

school-card-donut-1278439
6
/10
  • West Carteret High School

  • 4700 Country Club Rd

  • 2.63 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,106. Residents of Morehead City, NC typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5502 Hwy 70 W

What is the listing price of this property?

The listing price of 5502 Hwy 70 W property is $475,000.

What type of property is this?

The property 5502 Hwy 70 W is land located in Morehead City, North Carolina, 28557.

Is this property for sale now?

Active Listing: 5502 Hwy 70 W is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5502 Hwy 70 W are:
Morehead City Primary School: GreatSchools Rating 7/10
Newport Middle School: GreatSchools Rating 8/10
Morehead Elementary At Camp Glenn: GreatSchools Rating 6/10
West Carteret High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $515 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 17, 2019 for $115,000. (source: MLS/tax record).

How much acreage is this property?

The property 5502 Hwy 70 W is 1.02 acres.
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Rocket HomesNorth CarolinaCarteret CountyMorehead City285575502 Hwy 70 W

This home is located at 5502 Hwy 70 W in Morehead City, NC and zip code 28557. This home sits on a 1.02 acre lot. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $475,000.

Over 2 listings were sold over their listed price in March 2024 in Morehead City, NC. In the same period over 13 listings were sold below the listed price and 3 listings were sold for the listed price. The number of listings in Morehead City, NC increased by 13.2% between February 2024 and March 2024. In March 2024, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $395,000.

From Rocket Homes Real Estate and based on county public records data.

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