NOT LISTED FOR SALE

707 Cannonsgate Dr Newport, NC 28570

Estimated Value: $997,000 - $1,813,000

4 Beds
4 Baths
3,181 Sq Ft
$424/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $625,000 $196 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,477/month

334 Days on Market

Highlights

  • Marina
  • Views of a Sound
  • Home fronts a sound
  • White Oak Elementary School Rated A-
  • Water Access
  • RV or Boat Storage in Community

About This Home

As of May 2017

SPECTACULAR NEW CONSTRUCTION WATERFRONT home in exclusive Cannonsgate on Bogue Sound. HOA only 122/mo. Enjoy superb Intracoastal Waterway views from the double porches in a brand new coastal inspired home of exceptional quality built by Streamline Developers. The ''GREENHILL'' floor plan offers open living, dining, and kitchen areas, fireplace, elevator, finished rec/flex room on ground floor, and spacious owner's suite with expansive water views. Cannonsgate is a private gated community with on site security guard and upscale amenities including a Grand clubhouse, pool, tennis courts, marina, boat ramp, community pier, and more! Broker/Owner.

Last Agent to Sell the Property

Meredith & Matt Team Johnson

RE/MAX Ocean Properties License #210529 Listed on: 05/12/2016

RE/MAX Ocean Properties

Co-Listed By

Lee Ann Murray

RE/MAX Ocean Properties EI

Last Buyer's Agent

Donna Byrd

Emerald Isle Realty License #179993

Emerald Isle Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 48 x 357 x 41 x 384
  • Property fronts a marsh
  • Home fronts a sound
  • Property fronts a private road

HOA Fees

  • $122 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Intracoastal Views

Home Design

  • Brick Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 3,181 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 1 Fireplace
  • Thermal Windows
  • Double Pane Windows
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway
  • Off-Street Parking

Accessible Home Design

  • Accessible Ramps

Outdoor Features

  • Water Access
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 443
  • Assessor Parcel Number 630504846586000

Community Details

Overview

  • Cannonsgate Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Marina
  • Tennis Courts
  • Community Pool
  • Trails

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0.36 Acres

HOA Fees

$122 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • List Priceper Sq Ft: 204.02
  • New Construction: Yes
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Year Built: 2016
  • Lot View Type: ICW View, Water View, Sound View, Marsh View
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: 9Ft+ Ceilings, Smoke Detectors, Wash/Dry Connect, Walk-In Closet, Walk-in Shower, Elevator, Pantry, Ceiling Fan(s)
  • Laundry Location: Room
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 4
  • Total Bathrooms: 4.00
  • Bedrooms: 4
  • Sq Ft Heated: 3181.00
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Total Heated Primary Separate Sq Ft: 3181.00

Exterior Features

  • Exterior Features: DP50 Windows, Thermal Windows
  • Exterior Finish: Composition
  • Fencing: None
  • Foundation: Brick/Mortar, Slab
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Maintained, Private, Paved
  • Roof: Composition
  • Waterfront: Yes
  • Road Frontage Type: ICW Front, Sound Front

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 3000 - 3499
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Carteret-Craven EMC
  • Service Providers Sewer Provider: Aqua Sewer
  • Service Providers Water Provider: West Carteret Water Corp
  • Utilities: Community Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Cobra Zone: No
  • Deed Page: 163.00
  • Lot Acres: 0.36
  • Lot Dimensions: 48 x 357 x 41 x 384
  • Lot Number: 443
  • Lot Sq Ft: 15856.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Zoning: R

Tax Info

  • Tax Identifier: 630504846586000
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Loomis Robert E and Loomis Marti E
Bought by
Banks Jerome and Banks Suseen
Current Estimated Value
$1,347,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$608,400
Outstanding Balance
$542,623
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$805,048

Purchase Details

Listed on
May 12, 2016
Closed on
May 16, 2017
Sold by
Cpg Investments Inc
Bought by
Loomis Robert E and Loomis Marti E
Seller's Agent
Meredith & Matt Team Johnson
RE/MAX Ocean Properties
Buyer's Agent
Donna Byrd
Emerald Isle Realty
List Price
$679,000
Sold Price
$625,000
Premium/Discount to List
-$54,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$430,312
Interest Rate
4.14%
Mortgage Type
VA

Purchase Details

Listed on
May 12, 2016
Closed on
May 11, 2017
Sold by
Cpg Investments Inc
Bought by
Loomis Robert E and Loomis Marti E
Seller's Agent
Meredith & Matt Team Johnson
RE/MAX Ocean Properties
Buyer's Agent
Donna Byrd
Emerald Isle Realty
List Price
$679,000
Sold Price
$625,000
Premium/Discount to List
-$54,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,312
Interest Rate
4.14%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Banks Jerome $750,000 None Available
Loomis Robert E $625,000 None Available
Loomis Robert E $625,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Jerome $608,400
Previous Owner Loomis Robert E $430,312
Previous Owner Loomis Robert E $430,312
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2017 05/15/17 Sold $625,000 -8.0% $196 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
05/12/2016 05/12/16 For Sale $679,000 -- $213 / 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 $4,118 $1,318,021 $279,259 $1,038,762
2024 $2,982 $655,343 $148,350 $506,993
2023 $3,056 $655,343 $148,350 $506,993
2022 $2,990 $655,343 $148,350 $506,993
2021 $2,702 $655,343 $148,350 $506,993
2020 $2,867 $655,343 $148,350 $506,993
2019 $2,477 $588,853 $72,240 $516,613
2017 $2,332 $551,730 $72,240 $479,490
2016 $282 $72,240 $72,240 $0
2015 $260 $72,240 $72,240 $0
2014 $375 $104,167 $104,167 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100012264

Hive MLS

APN: 6305.04.84.6586000

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