NOT LISTED FOR SALE

723 Cannonsgate Dr Newport, NC 28570

Estimated Value: $1,026,000 - $1,296,000

0.36 Acres
$3,307,683 Price per Acre
15,682 Sq Ft Lot

Last Sold March 11, 2020

Last sale price $90,000

Est. 1,223% increase in value since last sale

Current estimated payment $6,687/month

359 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 45 Feet of Waterfront
  • Intracoastal View
  • White Oak Elementary School Rated A-
  • Marina
  • Clubhouse

About This Lot

As of March 2020

Beautiful, direct SOUND FRONT LOT located in the exclusive Cannonsgate at Bogue Sound subdivision. Panoramic views of the Intracoastal Waterway, Emerald Isle and the Bogue Sound islands. Cannonsgate is a luxury, gated community that offers a swimming pool, manor clubhouse, tennis courts, marina and boat launch, walking trails and a community pier. Come build your waterfront dream home here!

Last Agent to Sell the Property

Peter Ellis

Advantage Coastal Properties License #204469 Listed on: 02/14/2019

Last Buyer's Agent

Kathryn Calling

Coldwell Banker Sea Coast AB License #277767

Coldwell Banker Sea Coast AB

Property Details

Property Type

  • Land

Lot Details

  • 0.36 Acre Lot
  • 45 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Marsh on Lot

HOA Fees

  • $122 Monthly HOA Fees

Schools

  • Broad Creek Middle School
  • Croatan High School

Utilities

  • Water Rights
  • Community Sewer or Septic

Additional Features

  • Intracoastal Views
  • Accessible Ramps

Listing and Financial Details

  • Tax Lot 451
  • Assessor Parcel Number 6305.04.84.4363000

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Marina
  • Community Pool
  • Deeded Waterfront Access Rights
  • Deep Water Access

Property Details

Property Type

Land

Lot Details

0.36 Acres

HOA Fees

$122 per month

Listing Details

  • Property Type: B
  • Sub Type: Residential Land
  • Secondary Subdivision: N/A
  • Waterview: Yes
  • Buildigson Property: None
  • List Priceper Acre: 263888.89
  • Lot View Type: ICW View, Water View
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Paved, Private
  • Waterfront: Yes
  • Water Frontage: 45.00
  • Road Frontage Type: ICW Front, Sound Front

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Utilities: Community Sewer, Community Water Available, Natural Gas Available

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Clubhouse, Maint - Comm Areas, Maint - Ext Bldg, Maint - Grounds, Maint - Roads, Marina, Master Insure, Mgmt Fee, Pool, Ramp, Street Lights
  • H O A Association Fee1 Year: 1460.00
  • H O A H O A1 Mgmt Company: Cannonsgate HOA

Schools

  • Elementary School#2: Bogue Sound
  • High School: Croatan
  • Middle School: Broad Creek
  • School District: Carteret

Lot Info

  • Cobra Zone: No
  • Deed Page: 49.00
  • Lot Description: Deeded Water Rights, Partially Cleared, Subdivision, Water Depth 4+
  • Lot Number: 451
  • Lot Sq Ft: 15551.00
  • Lot Water Features: Deeded Waterfront, Sound Side, Water Depth 4+
  • Zoning: Residential
  • Acres: 0.36
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: No
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Level, Marsh/Wetland, Undeveloped
  • Lot Number2: 451

Tax Info

  • Tax Identifier: 6305.04.84.4363000
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2019
Closed on
Mar 5, 2020
Sold by
Makovy John and Makovy Jennifer S
Bought by
Green James and Green Melissa S
Seller's Agent
Peter Ellis
Advantage Coastal Properties
Buyer's Agent
Kathryn Calling
Coldwell Banker Sea Coast AB
List Price
$138,500
Sold Price
$90,000
Premium/Discount to List
-$48,500
-35.02%
Current Estimated Value
$1,190,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,100,766
Avg. Annual Appreciation
53.46%

Purchase Details

Closed on
Sep 19, 2012
Sold by
The Little Bank Incorporated
Bought by
Makovy John and Makovy Jennifer S

Purchase Details

Closed on
Jun 9, 2011
Sold by
Harris S Walker and Harris Margaret H
Bought by
The Little Bank Incorporated and The Little Bank Nic

Purchase Details

Closed on
Jan 18, 2006
Sold by
Mckay Bruce C and Mckay Sheila L
Bought by
Harris S Walker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
6.14%
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
Green James $90,000 None Available
Makovy John $65,000 None Available
The Little Bank Incorporated $95,000 None Available
Harris S Walker $570,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris S Walker $513,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2020 03/11/20 Sold $90,000 -35.0% --
02/08/2020 02/08/20 Pending -- -- --
02/14/2019 02/14/19 For Sale $138,500 -- --
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 $3,608 $1,183,002 $284,855 $898,147
2024 $398 $90,514 $90,514 $0
2023 $398 $90,514 $90,514 $0
2022 $389 $90,514 $90,514 $0
2021 $186 $90,514 $90,514 $0
2020 $589 $143,740 $143,740 $0
2019 $273 $69,995 $69,995 $0
2017 $273 $69,995 $69,995 $0
2016 $273 $69,995 $69,995 $0
2015 $252 $69,995 $69,995 $0
2014 -- $100,888 $100,888 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100150307

Hive MLS

APN: 6305.04.84.4363000

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