$140,000
SOLD DEC 13, 2024

701 Cabarrus St Edenton, NC 27932

7 Beds
4 Baths
2,480 Sq Ft
0.26 Acres

Recently Sold

$56 Per Sq Ft

30% Below List Price

431 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Combination Dining and Living Room
  • Wood Siding
  • No HOA

About This Home

As of December 2024

INVESTMENT OPPORTUNITY awaits! 3 dwellings, currently 5 rental units, all parceled together in historic Edenton and zoned as single family. According to the Town of Edenton Planning Dept, this property has potential to be subdivided once to split the houses. This section of North Edenton is seeing growth + rehab. Located in close proximity to the high school and hospital, this property is also blocks from the waterfront and downtown Edenton. Take advantage of the possibility of rental income and renovate these properties to call your own!

Last Agent to Sell the Property

Amber Hardy

CarolinaEast Real Estate License #309655 Listed on: 08/30/2023

Last Buyer's Agent

Marypat Gaffney

CarolinaEast Real Estate License #349037

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,387

Year Built

  • Built in 1930

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 58 x 137 x 126.2 x 39
  • Property is zoned R5

Home Design

  • Combination Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Metal Roof
  • Wood Siding
  • Asbestos Siding
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 2,480 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Schools

  • White Oak/D F Walker Elementary School
  • Chowan Middle School
  • John A. Holmes High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 780520729236

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,387

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Heated Sq Ft: 2400 - 2599
  • Interior Amenities: None
  • List Price per Sq Ft: 49.31
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 7
  • Number Rooms: 10
  • Sq Ft Heated: 2480.00
  • Sq Ft Heated Separate: 1556.00
  • Total Heated Primary Separate Sq Ft: 4036.00

Exterior Features

  • Exterior Finish: Asbestos, Wood Siding, Vinyl Siding
  • Fencing: None
  • Foundation: Combination
  • Porch Balcony Deck: None
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle, Metal
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: None

Utilities

  • Cooling System: Other
  • Federal Flood Ins Avlbl: No
  • Heating System: Other
  • Utilities: Sewer Available, Water Available
  • HeatingSystemFuelSource: Other

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 453.00
  • Lot Acres: 0.26
  • Lot Dimensions: 58 x 137 x 126.2 x 39
  • Lot Sq Ft: 11326.00
  • Plat Book: DB 1-2
  • Plat Page: 00565
  • Zoning: R5

Tax Info

  • Tax Identifier: 780520729236
  • Tax Year: 2022
  • Total Real Estate Property Taxes: 1387.34

MLS Schools

  • Elementary School: White Oak/D F Walker
  • High School: John A. Holmes High
  • Middle School: Chowan Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2023
Closed on
Nov 18, 2024
Sold by
Dixon Company Of Edenton Llc
Bought by
Naval Aviator Investments Llc
Seller's Agent
Amber Hardy
CarolinaEast Real Estate
Buyer's Agent
Marypat Gaffney
CarolinaEast Real Estate
List Price
$199,000
Sold Price
$140,000
Premium/Discount to List
-$59,000
-29.65%
Total Days on Market
431
Views
666
Current Estimated Value
$303,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,143
Avg. Annual Appreciation
436.28%

Purchase Details

Closed on
Mar 17, 2008
Bought by
Dixon Co Of Edenton Llc
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 Type Sale Price Title Company
Warranty Deed $700,000 --
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $140,000 -29.6% $56 / Sq Ft
11/03/2024 11/03/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $199,000 0.0% $80 / Sq Ft
06/03/2024 06/03/24 Off Market $199,000 -- --
01/07/2024 01/07/24 Price Changed $199,000 -23.5% $80 / Sq Ft
08/30/2023 08/30/23 For Sale $260,000 -- $105 / Sq Ft
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 $1,425 $126,698 $9,694 $117,004
2023 $1,425 $126,698 $9,694 $117,004
2022 $1,387 $126,698 $9,694 $117,004
2021 $889 $75,660 $22,880 $52,780
2020 $874 $75,660 $22,880 $52,780
2019 $874 $75,660 $22,880 $52,780
2018 $866 $75,660 $22,880 $52,780
2016 $820 $72,870 $20,090 $52,780
2015 $809 $72,870 $20,090 $52,780
2014 $780 $72,870 $20,090 $52,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100402510

Hive MLS

APN: 7805-20-72-9236