NOT LISTED FOR SALE

522 Cannonsgate Dr Newport, NC 28570

Estimated Value: $115,000

0.2 Acre
$575,000 Price per Acre
8,712 Sq Ft Lot

Last Sold August 05, 2024

Last sale price $99,373

Est. 16% increase in value since last sale

Current estimated payment $771/month

3 Days on Market

Highlights

  • Waterfront Community
  • RV or Boat Storage in Community
  • Clubhouse
  • White Oak Elementary School Rated A-
  • Gated Community
  • Community Pool

About This Lot

As of August 2024

In Cannonsgate embrace where the ICW meets the horizon and marina views embrace Bogue Sound, Every moment echoes with the beauty of this gated community with is wonderful clubhouse and pool. Trails running though the community whispering tales of serenity.Bulk Sale

Last Agent to Sell the Property

Kathy Heckman

RE/MAX Ocean Properties EI License #216169 Listed on: 07/03/2024

Last Buyer's Agent

Kathy Heckman

Kathy Heckman Realty License #216169

Kathy Heckman Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $228

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot
  • Cleared Lot

HOA Fees

  • $160 Monthly HOA Fees

Accessible Home Design

  • Accessible Ramps

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 630504636826000

Community Details

Overview

  • Cannonsgate Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Waterfront Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Jogging Path
  • Trails

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$228

Lot Details

8,712 Sq Ft Lot

HOA Fees

$160 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 228.23
  • Waterview: No
  • Buildigson Property: None
  • List Priceper Acre: 520000.00
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Maintained, Paved
  • Waterfront: No

Utilities

  • Fuel Tank: None
  • Utilities: Natural Gas Available, Water Available

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Clubhouse, Waterfront Community, Playground, Trail(s), Tennis Court(s), Street Lights, Security, RV/Boat Storage, Ramp, Pool, Maint - Roads, Maint - Comm Areas, Jogging Path, Gated
  • H O A Association Fee1 Year: 1915.08

Schools

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

Lot Info

  • Cobra Zone: No
  • Deed Page: 8.00
  • Lot Sq Ft: 8712.00
  • Zoning: Residential
  • Acres: 0.20
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared, Level

Tax Info

  • Tax Identifier: 630504636826000
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Jul 25, 2024
Sold by
Alnimer Property 2 Llc
Bought by
Streamline Developers Llc
Seller's Agent
Kathy Heckman
RE/MAX Ocean Properties EI
Buyer's Agent
Kathy Heckman
Kathy Heckman Realty
List Price
$104,000
Sold Price
$99,373
Premium/Discount to List
-$4,627
-4.45%
Views
1
Current Estimated Value
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,627
Avg. Annual Appreciation
9.68%
Original Mortgage
$500,000
Outstanding Balance
$493,889
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$378,889

Purchase Details

Listed on
Jun 16, 2022
Closed on
Dec 21, 2022
Sold by
Alnimer Abdelsalam S
Bought by
Alnimer Property 2 Llc
Seller's Agent
Susan Goines
Coldwell Banker Sea Coast Adv EI
Buyer's Agent
Jean Cassalia
Realty World First Coast Rlty
List Price
$89,900
Sold Price
$79,000
Premium/Discount to List
-$10,900
-12.12%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.63%

Purchase Details

Listed on
Jun 16, 2022
Closed on
Nov 29, 2022
Sold by
Fitzsimmons Ken and Fitzsimmons Michelle
Bought by
Salnimer Abdelsalam
Seller's Agent
Susan Goines
Coldwell Banker Sea Coast Adv EI
Buyer's Agent
Jean Cassalia
Realty World First Coast Rlty
List Price
$89,900
Sold Price
$79,000
Premium/Discount to List
-$10,900
-12.12%
Views
94

Purchase Details

Closed on
Mar 24, 2010
Sold by
Suntrust Bank
Bought by
Fitzsimmons Ken and Fitzsimmons Michelle

Purchase Details

Closed on
Jan 8, 2010
Sold by
Hammer James
Bought by
Suntrust Bank

Purchase Details

Closed on
Sep 11, 2006
Sold by
Total Realty Management Llc
Bought by
Hammer James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,100
Interest Rate
6.58%
Mortgage Type
Unknown
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
Streamline Developers Llc $603,000 None Listed On Document
Alnimer Property 2 Llc -- --
Salnimer Abdelsalam $79,000 --
Fitzsimmons Ken $50,000 None Available
Suntrust Bank $63,750 None Available
Hammer James R $419,000 None Available
Total Realty Management Llc $287,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Streamline Developers Llc $500,000
Previous Owner Hammer James R $377,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/05/2024 08/05/24 Sold $99,373 -4.4% --
07/06/2024 07/06/24 Pending -- -- --
07/03/2024 07/03/24 For Sale $104,000 +31.6% --
12/01/2022 12/01/22 Sold $79,000 -12.1% -- View Prior Sale
11/10/2022 11/10/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $89,900 -- --
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 $257 $84,330 $84,330 $0
2024 $228 $51,872 $51,872 $0
2023 $228 $51,872 $51,872 $0
2022 $223 $51,872 $51,872 $0
2021 $213 $51,872 $51,872 $0
2020 $213 $51,872 $51,872 $0
2019 $140 $35,774 $35,774 $0
2017 $140 $35,774 $35,774 $0
2016 $140 $35,774 $35,774 $0
2015 $129 $35,774 $35,774 $0
2014 $122 $34,007 $34,007 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100454045

Hive MLS

APN: 6305.04.63.6826000

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