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River Birch Sub-division
132 Mulberry Drive, Washington, NC 27889
Last Verified 11/2/2009
Listing ID 14853762
1 Lot Available
Lot 1
$16,900
0.25 AC
Residential (land)
5%
Highlights
Existing sub-division in Washington, NC close to new school comples, Sports complex, hospital- Great area for families and new retirees
- Convenient to Greenville, NC
- Stick-built homes
- Priced to sell
- Sub-division is new but has existing homes and the sub-division is doing well
Description
This is new sub-division of over 100 homes ideally located outside the city limits of Washington, NC with close proximity to downtown Washington and convenient to Greenville, NC. Currently, the developer has listed approximately 75 lots with the intent of attracting about 5 reputable builders to the community. Currently, there are two builders. To date, approximately, 20 homes have been built and sold. There is city water and city sewer; however, there are not any city taxes. The tax rate is $0.60 on every $100. The lots starts at $16,900 and go to $22,900 with the smallest lot being about 1/4 acre. Individual buyers have to use existing house plans. Builders must make a committment of 5 lots and get their house plans approved by the architectural review committee. New home construction by CMR Construction, Inc. starts at $139,900; however, most of the homes have sold for over $160K. One of the great advantages of the community is that is near the new school and the sport complexes. This is a community of "stick built homes" and modulars and manufactured homes are not permitted.
From Washington: 15th Street to Market Street. Go North about 4.5 miles. Take second right into the sub-division. Agent available Sundays 1-3 PM. Other times please call cell at (252) 945-0981.
Map of 132 Mulberry Drive, Washington, NC 27889 (Beaufort County)
Created 10/24/2006
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.