NOT LISTED FOR SALE

604 Cannonsgate Dr Newport, NC 28570

Estimated Value: $58,459 - $202,000

0.19 Acre
$685,421 Price per Acre
8,233 Sq Ft Lot

Last Sold April 01, 2021

Last sale price $40,000

Est. 226% increase in value since last sale

Current estimated payment $817/month

742 Days on Market

Highlights

  • 45 Feet of Waterfront
  • Marina
  • Tennis Courts
  • White Oak Elementary School Rated A-
  • Boat Ramp
  • Accessible Ramps

About This Lot

As of April 2021

Build you dream home in this prestigious waterfront community located off Hwy 24. You have boat access to the Intracoastal waterway, and all the areas around. Emerald Isle is right across Bogue sound. The subdivision features historic Charleston and Low Country Architecture. This beautiful lot is on Founders Lake with easy walking distance to the clubhouse, pool and tennis courts. Amenities include Colonial Style Clubhouse, Salt Water Pool, Two Tennis Courts, Observation Pier & Gazebo overlooking Bogue Sound, Playground, Walking Trails, Community Boat Ramp & Storage, 75 Slip Marina. Time to enjoy the good life!

Last Agent to Sell the Property

Emma Singleton

Emerald Isle Realty License #180070 Listed on: 02/18/2019

Emerald Isle Realty

Last Buyer's Agent

Emma Singleton

Emerald Isle Realty License #180070 Listed on: 02/18/2019

Emerald Isle Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $194

Lot Details

  • 8,233 Sq Ft Lot
  • 45 Feet of Waterfront
  • Property fronts a private road
  • Cleared Lot

HOA Fees

  • $122 Monthly HOA Fees

Schools

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

Additional Features

  • Water Views
  • Accessible Ramps

Listing and Financial Details

  • Tax Lot 348
  • Assessor Parcel Number 6305.04.74.4387000

Community Details

Overview

  • Master Insurance
  • Cams HOA, Phone Number (910) 256-2021
  • Cannonsgate Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Marina
  • Tennis Courts
  • Water Access
  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$194

Lot Details

8,233 Sq Ft Lot

HOA Fees

$122 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 193.65
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 231578.95
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Type Frontage: Private
  • Waterfront: Yes
  • Water Frontage: 45.00

Utilities

  • Fuel Tank: None

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Maint - Comm Areas, Maint - Grounds, Maint - Roads, Marina, Master Insure, Ramp, Sewer, Street Lights, Tax Comm Areas, Tennis
  • Annual H O A: 1460.00
  • H O A Company: CAMS
  • H O A Phone: 910-256-2021

Schools

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

Lot Info

  • Cobra Zone: No
  • Deed Book: 1172
  • Deed Page: 54.00
  • Lot Number: 348
  • Lot Sq Ft: 8233.00
  • Lot Water Features: Boat Ramp, Water Access Comm, Waterfront Comm
  • Zoning: Res
  • Acres: 0.19
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 348

Tax Info

  • Tax Identifier: 6305.04.74.4387000
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Mar 29, 2021
Sold by
Bazemore Cyrus W and Bazemore Louise A
Bought by
Wax Mark E and Wax Julia B
Seller's Agent
Emma Singleton
Emerald Isle Realty
Buyer's Agent
Emma Singleton
Emerald Isle Realty
List Price
$465,000
Sold Price
$40,000
Premium/Discount to List
-$425,000
-91.4%
Current Estimated Value
$130,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,230
Avg. Annual Appreciation
26.87%

Purchase Details

Closed on
Apr 28, 2006
Sold by
Rosenberg Leonard and Rosenberg Diana
Bought by
Bazemore Cyrus and Bazemore Louise
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
Wax Mark E $40,000 None Available
Bazemore Cyrus $224,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $40,000 -91.4% --
03/01/2021 03/01/21 Pending -- -- --
02/18/2019 02/18/19 For Sale $465,000 -- --
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 $204 $66,965 $66,965 $0
2024 $207 $46,970 $46,970 $0
2023 $207 $46,970 $46,970 $0
2022 $202 $46,970 $46,970 $0
2021 $0 $46,970 $46,970 $0
2020 $193 $46,970 $46,970 $0
2019 $194 $49,654 $49,654 $0
2017 $194 $49,654 $49,654 $0
2016 $194 $49,654 $49,654 $0
2015 $179 $49,654 $49,654 $0
2014 $143 $39,840 $39,840 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100151328

Hive MLS

APN: 6305.04.74.4387000

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