NOT LISTED FOR SALE

218 Cumberland St Newport, NC 28570

Estimated Value: $283,000

0.22 Acres
$1,286,364 Price per Acre
9,670 Sq Ft Lot

Sale Details

Date Sold: July 12, 2024

Last sale price $67,500

Est. 319% increase in value since last sale

Current estimated payment $1,698 / mo

21 Days on Market

Highlights

  • Boat Ramp
  • Water Access
  • 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

Beach Life Properties Team

Bluewater Real Estate - EI License #245743 Listed on: 05/30/2024

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

Lot Details

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

HOA Fees

  • $143 Monthly HOA Fees

Property Views

  • Pond Views

Schools

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

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 630501468025000

Community Details

Overview

  • Cannonsgate At Bogue Sound Association, Phone Number (252) 247-3101
  • Cannonsgate Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

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

Security

  • Resident Manager or Management On Site
  • Gated Community

Additional Features

  • Clubhouse
  • Security

Property Details

Property Type

Land

Lot Details

9,670 Sq Ft Lot

HOA Fees

$143 per month

Listing Details

  • Property Type: Land
  • Secondary Subdivision: N/A
  • Property Sub Type: Residential Land
  • Original List Price: 77500.00
  • Other Structures: None
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Acre: 352272.73
  • Special Features: None

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Road Frontage Type: Pond Front
  • Road Frontage Type: Private Road, Maintained, Paved
  • Road Surface Type: Paved
  • Waterfront Features: Sound Side, Water Access Comm
  • Waterfront?: No

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Source: Public
  • Sewer Provider: Municipal Sewer

Condo/Co-op/Association

  • Association Amenities: Waterfront Community, Clubhouse, Gated, Maintenance Common Areas, Maintenance Roads, Management, Playground, Ramp, Security, Tennis Court(s), Trail(s), Pool
  • Association Fees: 1714.00
  • Association Name: Cannonsgate at Bogue Sound
  • Association Phone#: 2522473101
  • Has H O A?: Yes
  • Association Management Company Phone: 2522473101
  • Association Management Company: CAMS

Schools

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

Lot Info

  • Deed Book: 1471
  • Deed Page: 59.00
  • Lot Number: 97
  • Zoning: RR CU
  • Environmental Hazard: No
  • Topography: Cleared,Level
  • Lot Features: Sound Side, Water Access Comm
  • Lot Size Acres: 0.22
  • Lot Size: 58 x 150 x 76 x 150
  • Lot Size Sq Ft: 9670.00
  • Purchase Contract Date: 2024-06-18
  • Parcel#: 630501468025000
  • Cobra Zone Y N: No
  • Federal Flood Insurance Available Y N: Yes
  • Deed Restriction Y N: Yes
  • Permitted Use: Public

Tax Info

  • Tax Year: 2023
  • Tax Block: 30
  • Tax Book Number: 832
  • Tax Map Number: 630501468025000
  • Tax Other Assessment Amount Frequency: NA

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 10, 2024
Sold by
Bought by
Seller's Agent
Beach Life Properties Team
Bluewater Real Estate - 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
$283,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,500
Avg. Annual Appreciation
111.79%
Original Mortgage
$610,000
Interest Rate
7.03%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$68,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $610,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $259 $84,980 $84,980 $0
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

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Map

Source: Hive MLS

MLS Number: 100447325

Hive MLS

APN: 6305.01.46.8025000

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