NOT LISTED FOR SALE

706 Cannonsgate Dr Newport, NC 28570

Estimated Value: $910,061 - $1,121,000

4 Beds
3.5 Baths
3,532 Sq Ft
$288/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $865,000 $245 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,631/month

22 Days on Market

Highlights

  • Community Boat Dock
  • Gated Community
  • Clubhouse
  • White Oak Elementary School Rated A-
  • Waterfront
  • Deck

About This Home

As of April 2022

You'll enjoy life in an exceptional floor plan when you move into this waterfront home on Founders Lake in Cannonsgate with beautiful sunrise views across the pristine waters of Bogue Sound. All 3 levels of this 4 bedroom, 3.5 bath custom built home are easily accessible via the elevator. The 2 covered from decks, rear screen porch and ground level patio with an outdoor kitchen set up, extends living to the outdoors. Amazing open gourmet kitchen with breakfast nook, work island, pantry, server with ice maker & wine fridge has views of Founders Lake and Bogue Sound! Plus, formal dining area, grand living room and powder room just off the entry foyer, creates the perfect stage for entertaining large and intimate events. Top floor enjoys master suite with 2 closets, 1 is a large walk-in with natural light; plus 2 more bedrooms & full bath, laundry room and the office overlooking Bogue Sound is perfect for quiet remote work environment. Add to this a large 2 car garage and enclosed outdoor shower, fenced back yard and beautiful landscaping for an active life at the coast. Subdivision amenities include gated entry, clubhouse, swimming pool, playground, boat launch at marina, and available boat & RV storage. Easy to preview most anytime. ** Current 2.25% VA loan is assumable! **

Last Agent to Sell the Property

Donald Whiteside

Emerald Isle Realty License #172902 Listed on: 02/01/2022

Emerald Isle Realty

Last Buyer's Agent

Connie Lowe

Nest Realty License #291447

Nest Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2018

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 60 x 150 x 29 x 151
  • Waterfront
  • Property fronts a private road
  • Decorative Fence
  • Open Lot
  • Irrigation
  • Property is zoned RR CU

HOA Fees

  • $122 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stick Built Home

Interior Spaces

  • 3,532 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Log Fireplace
  • Thermal Windows
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Water Views
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Gas Oven
  • Range Hood
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Outdoor Shower
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Propane
  • Well
  • Electric Water Heater
  • Fuel Tank
  • Community Sewer or Septic

Additional Features

  • Accessible Ramps
  • Energy-Efficient Doors

Listing and Financial Details

  • Tax Lot L371
  • Assessor Parcel Number 630504843589000

Community Details

Overview

  • Cannonsgate Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Boat Dock
  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2018

Lot Details

7,492 Sq Ft Lot

HOA Fees

$122 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Stove/Oven - Gas, Vent Hood, Refrigerator, Microwave - Built-In, Ice Maker
  • List Priceper Sq Ft: 251.70
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Year Built: 2018
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, LVT/LVP
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Wet Bar, Walk-In Closet, Walk-in Shower, Solid Surface, Foyer, Pantry, Gas Logs, Elevator, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Room
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Sq Ft Heated: 3532.00
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Total Heated Primary Separate Sq Ft: 3532.00

Exterior Features

  • Exterior Features: Irrigation System, Outdoor Shower, Thermal Windows, Thermal Doors
  • Exterior Finish: Fiber Cement
  • Exterior Structures: Shower
  • Fencing: Metal/Ornamental
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Covered, Patio, Screened, Porch, Enclosed, Deck
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Composition, Shingle
  • Waterfront: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Central, Zoned
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Owned
  • Heated Sq Ft: 3500 - 3999
  • Heating System: Heat Pump, Zoned
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Water Provider: West Carteret Water Corp
  • Utilities: Community Sewer, Well Water, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Boat Dock, Playground, Tennis Court(s), Taxes, Street Lights, Sewer, Ramp, Maint - Comm Areas, Management, Maint - Roads, Gated, Community Pool, Clubhouse
  • H O A Association Fee1 Year: 1460.00
  • H O A H O A1 Mgmt Company: CAMS

Lot Info

  • Cobra Zone: No
  • Deed Page: 443.00
  • Lot Acres: 0.17
  • Lot Description: Open
  • Lot Dimensions: 60 x 150 x 29 x 151
  • Lot Number: L371
  • Lot Sq Ft: 7492.00
  • Lot Water Features: None
  • Zoning: RR CU

Tax Info

  • Tax Identifier: 630504843589000
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Apr 20, 2022
Sold by
Edwin Rhode Robert and Edwin Ann Kathy
Bought by
Hanner Logan S
Seller's Agent
Donald Whiteside
Emerald Isle Realty
Buyer's Agent
Connie Lowe
Nest Realty
List Price
$889,000
Sold Price
$865,000
Premium/Discount to List
-$24,000
-2.7%
Current Estimated Value
$1,015,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,515
Avg. Annual Appreciation
4.19%
Original Mortgage
$647,200
Outstanding Balance
$595,413
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$420,102

Purchase Details

Listed on
Sep 28, 2020
Closed on
Dec 4, 2020
Sold by
Sharp Jason and Sharp Christina
Bought by
Rhode Robert Edwin and Michalko Kathy Ann
Seller's Agent
Kimberly Gay
MALONE REALTY
Buyer's Agent
Donald Whiteside
Emerald Isle Realty
List Price
$725,000
Sold Price
$686,550
Premium/Discount to List
-$38,450
-5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.23%
Original Mortgage
$340,810
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Listed on
Aug 15, 2017
Closed on
Aug 11, 2017
Sold by
Caryda I Llc
Bought by
Sharp Jason and Sharp Christina
Seller's Agent
Meredith & Matt Team Johnson
RE/MAX Ocean Properties
Buyer's Agent
Meredith & Matt Team Johnson
RE/MAX Ocean Properties
List Price
$484,717
Sold Price
$484,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%
Original Mortgage
$467,388
Interest Rate
3.88%
Mortgage Type
VA

Purchase Details

Closed on
May 20, 2011
Sold by
Hwfutral Phillip Sherrell and Futral Sandra M
Bought by
Lee Terry L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hanner Logan S $865,000 Hutchens Law Firm Llp
Rhode Robert Edwin $686,500 None Available
Sharp Jason $485,000 None Available
Lee Terry L $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanner Logan S $647,200
Previous Owner Rhode Robert Edwin $340,810
Previous Owner Sharp Jason $467,388
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2022 04/22/22 Sold $865,000 -2.7% $245 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $889,000 +29.5% $252 / Sq Ft
12/04/2020 12/04/20 Sold $686,550 -5.3% $194 / Sq Ft View Prior Sale
10/07/2020 10/07/20 Pending -- -- --
09/26/2020 09/26/20 For Sale $725,000 +49.6% $205 / Sq Ft
08/15/2017 08/15/17 Sold $484,717 0.0% $151 / Sq Ft View Prior Sale
08/15/2017 08/15/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $484,717 -- $151 / Sq Ft
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 $2,713 $857,334 $79,217 $778,117
2024 $2,149 $466,134 $43,762 $422,372
2023 $2,223 $466,134 $43,762 $422,372
2022 $2,176 $466,134 $43,762 $422,372
2021 $1,899 $466,134 $43,762 $422,372
2020 $2,091 $466,134 $43,762 $422,372
2019 $2,031 $474,546 $46,263 $428,283
2017 $180 $474,546 $46,263 $428,283
2016 $180 $46,263 $46,263 $0
2015 $167 $46,263 $46,263 $0
2014 $134 $37,094 $37,094 $0
Source: Public Records

Agents Affiliated with this Home

  • Donald Whiteside

    Seller's Agent in 2022

    Donald Whiteside

    Emerald Isle Realty

    (252) 354-4060

    10 in this area

    190 Total Sales

    Donald Whiteside
    Section Image

  • C

    Buyer's Agent in 2022

    Connie Lowe

    Nest Realty

    Section Image

  • L

    Buyer's Agent in 2022

    Lowe's Coastal Realty Group

    Coldwell Banker Sea Coast Advantage-Hampstead

  • K

    Seller's Agent in 2020

    Kimberly Gay

    MALONE REALTY

    (252) 560-6807

    34 in this area

    41 Total Sales

    Kimberly Gay
    Section Image

  • D

    Buyer's Agent in 2020

    Donald Whiteside Jr

    Emerald Isle Realty, Inc.

See All Agents

Map

Source: Hive MLS

MLS Number: 100310179

Hive MLS

APN: 6305.04.84.3589000

North Carolina Carteret County Newport 28570

706 Cannonsgate Dr, Newport, NC

Not Listed for Sale

Detached

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