NOT LISTED FOR SALE

306 Cannonsgate Dr Newport, NC 28570

Estimated Value: $774,036 - $807,000

5 Beds
3.5 Baths
2,861 Sq Ft
$276/Sq Ft Est. Value

Sale Details

Date Sold: October 28, 2022

Last sale price $700,000 $245 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,581 / mo

71 Days on Market

Highlights

  • Marina
  • Gated Community
  • Clubhouse
  • White Oak Elementary School Rated A-
  • Pond View
  • Wood Flooring

About This Home

As of October 2022

Modern meets coastal luxury in this immaculate 5 BR/3.5 BA home built in 2021. Coastal living at its finest, all right here within the gated community of Cannonsgate, which offers an abundance of amentities, such as a beautiful southern style manor house, community pool, walking trails, playground, tennis courts, postal office & marina. Attention to every detail in this exquisite design is sure to please new homeowners. This modern coastal space feels authentically breezy & relaxed with its airy touches, natural accents & a crisp, light filled scheme. The beautifully designed kitchen boast 60'' wall cabinets, quartz countertops, stainless steel appliances, 36'' dual fuel range, & extra large island made with black walnut. Separate pantry & laundry rooms are located around the corner from the kitchen. The first floor has all natural, yellow pine floors, as well as 10' ceilings. The dining area flows to the living room with a ventless fireplace, which is accented by beautiful shiplap and a custom mantle. First floor also offers spacious ensuite primary bedroom w/dual vanities, which is also plumbed for a soaker tub. Follow the 4' wide staircase that leads to the second floor, which has an additional four bedrooms and two baths, plus an open bonus area that is a great conversation space w/ pool table & exercise equipment. The front and back doors on the first floor are 8' solid mahagony with flemish glass. From the back door, walk through the covered breezeway to the 2 car garage. This home has so many more touches, that you need to see to take it all in. Nearby award winning school district to the convenience of shopping, restuarants & Crystal Coast beaches are a short drive away. This turn-key, southern charmer has ''Welcome Home'' written all over it. Come take a look!

Last Agent to Sell the Property

Carey Otto

Keller Williams Crystal Coast License #293385 Listed on: 07/15/2022

Keller Williams Crystal Coast

Last Buyer's Agent

Terri Alphin Smith

Coldwell Banker Sea Coast Advantage License #228422

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021

Lot Details

  • 8,930 Sq Ft Lot
  • Lot Dimensions are 57x130x91x129
  • Property fronts a private road
  • Irrigation

HOA Fees

  • $135 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 2,861 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Pond Views
  • Crawl Space

Kitchen

  • Gas Oven
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Air Purifier

Outdoor Features

  • Open Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Vented Exhaust Fan
  • Power Generator
  • Whole House Permanent Generator
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 630502555578000

Community Details

Overview

  • Cannonsgate Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Marina
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Trails

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2021

Lot Details

8,930 Sq Ft Lot

HOA Fees

$135 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Air Purifier, Dishwasher, Washer, Vented Exhaust Fan, Refrigerator, Generator, Gas Oven, Dryer
  • List Priceper Sq Ft: 253.58
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Year Built: 2021
  • Lot View Type: Pond, Water
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Wood, Tile
  • Interior Amenities: Blinds/Shades, Walk-in Shower, Whole-Home Generator, Walk-In Closet(s), Pantry, Master Downstairs, Kitchen Island, High Ceilings, Ceiling Fan(s)
  • Laundry Location: Laundry Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 5
  • Sq Ft Heated: 2861.00
  • Stories: 2.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 2861.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Fiber Cement
  • Fencing: None
  • Foundation: Crawl Space
  • On Site Pool Spa: None
  • Porch Balcony Deck: Open, Patio, Porch
  • Road Type Frontage: Paved, Private Road
  • Roof: Metal, Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: On Site, Paved

Utilities

  • Cooling System: Central Air
  • Heated Sq Ft: 2800 - 2999
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Utilities: Sewer Available, Water Available
  • Water Heater: Tankless
  • Heating System Fuel Source: Electric, Natural Gas

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Clubhouse, Sidewalk, Trail(s), Tennis Court(s), Street Lights, Security, Sewer, Playground, Gated, Marina, Maint - Roads, Maint - Comm Areas, Community Pool
  • H O A Association Fee1 Year: 1625.00
  • H O A H O A1 Mgmt Company: CAMS

Schools

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

Lot Info

  • Cobra Zone: No
  • Deed Page: 227.00
  • Lot Acres: 0.20
  • Lot Dimensions: 57x130x91x129
  • Lot Number: 65
  • Lot Sq Ft: 8930.00
  • Zoning: Residential

Green Features

  • Green Bldg Features: Tankless Water Heater

Tax Info

  • Tax Identifier: 630502555578000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Oct 26, 2022
Sold by
Eugene Allen Iii Marvin and Boyette Wendy
Bought by
Swain Kyle A and Swain Andrea Lael
Seller's Agent
Carey Otto
Keller Williams Crystal Coast
Buyer's Agent
Terri Alphin Smith
Coldwell Banker Sea Coast Advantage
List Price
$755,500
Sold Price
$700,000
Premium/Discount to List
-$55,500
-7.35%
Views
25
Current Estimated Value
$797,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,543
Avg. Annual Appreciation
3.49%
Original Mortgage
$600,000
Outstanding Balance
$575,159
Interest Rate
6.02%
Mortgage Type
VA
Estimated Equity
$214,850

Purchase Details

Closed on
Nov 23, 2021
Sold by
Ty Gay Builders Inc
Bought by
Allen Marvin Eugene and Allen Wendy Boyette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,400
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2019
Closed on
Sep 28, 2020
Sold by
Bryan Marr Homes Inc
Bought by
Ty Gay Builders Inc
Seller's Agent
Paige Ferrin
Brass Lantern Realty
Buyer's Agent
Kimberly Gay
MALONE REALTY
List Price
$39,000
Sold Price
$38,500
Premium/Discount to List
-$500
-1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.70%

Purchase Details

Closed on
Dec 15, 2005
Sold by
R A North Development Inc
Bought by
Brynn Marr Homes Inc
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

Date Buyer Sale Price Title Company
Swain Kyle A $700,000 --
Allen Marvin Eugene $585,500 None Available
Ty Gay Builders Inc $38,500 None Available
Brynn Marr Homes Inc $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swain Kyle A $600,000
Previous Owner Allen Marvin Eugene $435,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2022 10/28/22 Sold $700,000 -3.5% $245 / Sq Ft
09/23/2022 09/23/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $725,500 -2.7% $254 / Sq Ft
08/03/2022 08/03/22 Price Changed $745,500 -1.3% $261 / Sq Ft
07/14/2022 07/14/22 For Sale $755,500 +1862.3% $264 / Sq Ft
10/26/2020 10/26/20 Sold $38,500 -1.3% -- View Prior Sale
09/16/2020 09/16/20 Pending -- -- --
10/01/2019 10/01/19 For Sale $39,000 -- --
Source: Hive MLS

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
2025 $2,266 $710,754 $84,746 $626,008
2024 $1,411 $298,454 $16,409 $282,045
2023 $1,485 $298,454 $16,409 $282,045
2022 $71 $298,454 $16,409 $282,045
2021 $71 $16,409 $16,409 $0
2020 $67 $16,409 $16,409 $0
2019 $64 $16,409 $16,409 $0
2017 $64 $16,409 $16,409 $0
2016 $64 $16,409 $16,409 $0
2015 $59 $16,409 $16,409 $0
2014 -- $26,219 $26,219 $0
Source: Public Records

Agents Affiliated with this Home

  • Carey Otto

    Seller's Agent in 2022

    Carey Otto

    Keller Williams Crystal Coast

    (919) 810-5755

    17 in this area

    175 Total Sales

    Carey Otto
    Section Image

  • T

    Buyer's Agent in 2022

    Terri Alphin Smith

    Coldwell Banker Sea Coast Advantage

    Section Image
  • Paige Ferrin

    Seller's Agent in 2020

    Paige Ferrin

    Brass Lantern Realty

    (352) 430-7279

    32 Total Sales

    Paige Ferrin
    Section Image

  • E

    Seller Co-Listing Agent in 2020

    Evelyn Norris

    Brass Lantern Realty

    (910) 389-0006

    13 Total Sales

    Evelyn Norris
    Section Image

  • K

    Buyer's Agent in 2020

    Kimberly Gay

    MALONE REALTY

    (252) 560-6807

    33 in this area

    38 Total Sales

    Kimberly Gay
    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100339079

Hive MLS

APN: 6305.02.55.5578000

North Carolina Carteret County Newport 28570

306 Cannonsgate Dr, Newport, NC

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. ©2026 Hive MLS LLC

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