NOT LISTED FOR SALE

218 Cumberland St Newport, NC 28570

Estimated Value: $75,000

0.22 Acre
$340,909 Price per Acre
9,670 Sq Ft Lot

Last Sold July 12, 2024

Last sale price $67,500

Est. 11% increase in value since last sale

Current estimated payment $559/month

21 Days on Market

Highlights

  • Water Access
  • Home fronts a sound
  • Gated Community
  • White Oak Elementary School Rated A-
  • Home fronts a pond
  • Pond View

About This Lot

As of July 2024

Enjoy watching the waterfowl and stunning sunsets from the Charleston Low-Country-style home you build on this wide homesite in the gated community of Cannonsgate at Bogue Sound. Cannonsgate is a haven for water enthusiasts with its ponds, lakes, creeks and Bogue Sound to just enjoy the sites or engage in all the water sports. The amenities include a Manor House, swimming pool, tennis courts, playground, kayak launch, sound pier and a boat ramp This community exudes a southern Charleston charm that enhances the picturesque surroundings and creates a delightful streetscape. Conveniently situated along the Hwy 24 corridor, Cannonsgate is a stone's throw from the Crystal Coast beaches and charming coastal towns. Interested in more space? The adjacent lot is available as well.

Last Agent to Sell the Property

bebbie quinones

Coldwell Banker Sea Coast Adv EI License #245743 Listed on: 05/29/2024

Coldwell Banker Sea Coast Adv EI

Co-Listed By

Alison Jaeger

Bluewater Real Estate - EI License #238786

Last Buyer's Agent

Nancy Harris

RE/MAX Ocean Properties EI License #329742

RE/MAX Ocean Properties EI

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $100

Lot Details

  • 9,670 Sq Ft Lot
  • Lot Dimensions are 58 x 150 x 76 x 150
  • Home fronts a pond
  • Home fronts a sound
  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Property is zoned RR CU

HOA Fees

  • $143 Monthly HOA Fees

Schools

  • Bogue Sound Elementary School
  • Broad Creek Middle School
  • Croatan High School

Additional Features

  • Pond Views
  • Accessible Ramps

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 630501468025000

Community Details

Overview

  • Cannonsgate At Bogue Sound Association
  • Cannonsgate Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails
  • Water Access

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$100

Lot Details

0

HOA Fees

$143 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Road Frontage Type: Pond Front
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved, Private
  • Waterfront: No
  • Waterview: Yes
  • Total Road Frontage: 58

Utilities

  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Utilities: Municipal Sewer Available, Municipal Water Available

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Clubhouse, Playground, Trail(s), Tennis Court(s), Security, Ramp, Pool, Management, Maint - Roads, Maint - Comm Areas, Gated
  • HOAAssociationFee1Year: 1714.00
  • HOAAssociationName: Cannonsgate at Bogue Sound

Lot Info

  • Deed Page: 59.00
  • Lot Dimensions: 58 x 150 x 76 x 150
  • Lot Number: 97
  • Lot Sq Ft: 9670.00
  • Lot Water Features: Sound Side, Waterfront Comm, Water Access Comm
  • Plat Book: 832
  • Plat Page: 30
  • Zoning: RR CU
  • Acres: 0.22
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • List Price per Acre: 352272.73
  • Soil Evaluation Other: Treatment Plant
  • Topography: Cleared, Level
  • Lot Number2: 97
  • Lot View Type: Pond View

Tax Info

  • Tax Identifier: 630501468025000
  • Tax Year: 2023
  • Deferred Taxes: No

MLS Schools

  • Elementary School: Bogue Sound
  • High School: Croatan
  • Middle School: Broad Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 10, 2024
Sold by
Malm Family Trust and Malm Gary W
Bought by
Allen James Adam
Seller's Agent
bebbie quinones
Coldwell Banker Sea Coast Adv EI
Buyer's Agent
Nancy Harris
RE/MAX Ocean Properties EI
List Price
$77,500
Sold Price
$67,500
Premium/Discount to List
-$10,000
-12.9%
Views
9
Current Estimated Value
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,500
Avg. Annual Appreciation
9.68%
Original Mortgage
$610,000
Interest Rate
7.03%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Allen James Adam $68,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Allen James Adam $610,000
Previous Owner Anchor Homes Llc $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $67,500 -12.9% --
06/19/2024 06/19/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $77,500 -- --
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
2024 $100 $22,833 $22,833 $0
2023 $94 $22,833 $22,833 $0
2022 $98 $22,833 $22,833 $0
2021 $0 $22,833 $22,833 $0
2020 $94 $22,833 $22,833 $0
2019 $65 $16,744 $16,744 $0
2017 $65 $16,744 $16,744 $0
2016 $65 $16,744 $16,744 $0
2015 $60 $16,744 $16,744 $0
2014 $96 $26,752 $26,752 $0
Source: Public Records

Agents Affiliated with this Home

  • bebbie quinones

    Seller's Agent in 2024

    bebbie quinones

    Coldwell Banker Sea Coast Adv EI

    (252) 622-1404

    29 in this area

    267 Total Sales

    bebbie quinones
    Section Image
  • Alison Jaeger

    Seller Co-Listing Agent in 2024

    Alison Jaeger

    Bluewater Real Estate - EI

    (252) 422-5655

    70 in this area

    113 Total Sales

    Alison Jaeger
    Section Image
  • Nancy Harris

    Buyer's Agent in 2024

    Nancy Harris

    RE/MAX

    (252) 773-2502

    4 in this area

    27 Total Sales

    Nancy Harris
    Section Image
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Map

Source: Hive MLS

MLS Number: 100447325

Hive MLS

APN: 6305.01.46.8025000

North Carolina Carteret County Newport 28570

218 Cumberland St, Newport, NC

This home is located at 218 Cumberland St, Newport, NC 28570 since 29 May 2024 and is currently estimated at $75,000. 218 Cumberland St is a home located in Carteret County with nearby schools including White Oak Elementary School, Broad Creek Middle School, and Croatan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. 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 Homesnap, Inc. 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. ©2025 Hive MLS LLC

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