Lot/land

Price cut: $37K (5/27)

$149,000

251 Alligator Loop Road, Merritt, NC 28556

--beds

0baths

2Acres

Land

Built in ----

2 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Perfect opportunity to own Two acres of waterfront property on Alligator Creek, with no restrictions. minutes from Oriental. Septic is installed, and electric and water service is run. Cleared and ready for your dream home.

138 days

138

7

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Property

Features

Fencing: None
Has view: Yes
View description: Creek/Stream, Water
Has water view: Yes
Water view: Creek/Stream,Water
Frontage type: Creek

Lot

Size: 2 Acres
Features: Rural, Water Depth 4+, Creek, Navigable Water
Topography: Cleared

Details

Additional structures: None
Parcel number: I0514
Zoning: NA
Special conditions: Standard

Utilities & green energy

Sewer: Septic Tank
Water: County Water
Utilities for property: Water Connected, Electricity Connected

Community & HOA

Community

Subdivision: Not In Subdivision

HOA

Has HOA: No

Location

Region: Merritt

Financial & listing details

Tax assessed value: $73,900
Annual tax amount: $513
Date on market: 3/20/2026
Cumulative days on market: 138 days
Listing agreement: Exclusive Right To Sell
Listing terms: Will Not Divide,Cash,Conventional
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,355/mo

Price history

Date	Event	Price
5/27/2026	Price change	$149,000-19.9%
Source: Hive MLS #100561642 Report a problem
3/20/2026	Listed for sale	$186,000
Source: Hive MLS #100561642 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$514	$73,900
2024	$514 +3%	$73,900
2023	$499 +1.5%	$73,900
2022	$492	$73,900
2021	$492	$73,900
2020	$492 +0.4%	$73,900 +0.4%
2019	$490 +1.5%	$73,600
2018	$482 -1.5%	--
2017	$490	--
2016	$490 +1.5%	--
2015	$482	$73,600
2014	$482	$73,600

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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