Many factors determine your rate but the most costly one is floor height above base flood elevation or "BFE". The BFE for your location is determined from FEMA flood insurance rate maps and is given in height above mean sea level. To get an accurate quote you will need to hire a surveyor to determine floor height above or below sea level and provide you with an "elevation certificate". Cost of an elevation certificate varies but usually runs in the $400-500 range. Yes, a policy for a home with a floor level below BFE is likley to run in the "thousands" but homes built 2 feet above could be much less. Flood map base flood elevation data changes over the years so dont expect you rate to be the same as an older policy the present owner has. hope this helps... more
You can type the address into the MLS search box and it will pull up the history "times it has been listed" days on MKT etc. Or as others have said go on line to the register of deeds and follow the deed transfer.
Coldwell Banker Willis Smith - Oriental... more
Frankly, I don't believe anyone told you that. Prices are what people will pay and we are not overpriced in Oriental and Pamlico County. You've been posting "questions" on Trulia for several months and each one is very negative toward our communities. I don't know what your motive is but I hope everyone reads this and takes it to heart.... more
I would encourage you to develop a relationship with a Realtor who is knowledgeable about the area and regulations impacting properties, especially in coastal areas where there are CAMA and Division of Water Quality rules. In many rural communities, septic systems are required and a septic inspection to permit installation of a proper system is required. You can find lots for sale on Zillow and on Realtor.com as well as many other websites where IDX data is pulled from the local MLS. Again,,finding a knowledgeable professional in the real estate community will save you much time and provide assurance that your investment is a good one. Obtain the services of a professional who shares knowledge related to the property and feasibility of use for your purposes to represent your interests and negotiate the best terms for you... more
Bad time to sell. Depending on elevation, type of septic system required and veiw, the price could vary greatly. Most large lots like yours were made so due to large marshes and/or to overcome poor soil conditions that required extensive septic drainage fields. If either is the case, the added cost to a dock or expensive septic system could greatly reduce the value of the lot.
Local realators are notorious for inflating current values to get your listing so it's better to check the Pamlic Co. GIS site to get a realistic idea of value. Asking price on adds can also be misleading, most of the stuff you'll see has been on the market for years and the properties that do sell are sold at far less than asking price.... more
Not really, check the Pamlico Co. GIS site recent sales and prices. The stuff in the Easern part of Pamlico Co is so deep in the flood plain, your really playing Russian roulett with the future of rising flood insurance policies. Elsewhere, so many people were left upside down after the real estate boom/crash, asking prices have not yet returned to a realistic level. If I were intrested in a property, in most cases, Id offer slighty less than tax value, dont be swayed by the insane asking prices you'll see in the adds, sales in the area are very slow and it's definitely a buyers market.... more
update to mkt conditions in Arapahoe which includes Minnesott beach.There are great buys and Arapahoe has elevation that requires no flood insurance. Around 20 to 28 feet above sea level. As far as market time if you are a seller. Price it competitively and make sure all those small projects a buyer does not want to do are done. Leave no excuses for negotiating down.
As for buyers, a wide spectrum of price. $120,000 TO $700,000. You can be right on the water or a golf course and there are many secluded areas. The developments have slowed but it is an opportunity to build on a prime lot at a good price. Arlington Place is a beautiful development with quality amenities, and I don't work for them.... more