NOT LISTED FOR SALE

723 McMullan Ave Unit 305 Edenton, NC 27932

Estimated Value: $366,986 - $413,000

2 Beds
2 Baths
1,930 Sq Ft
$445/mo HOA Fee

Last Sold October 23, 2020

Last sale price $245,000 $127 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,763/month

239 Days on Market

Highlights

  • Boat Dock
  • In Ground Pool
  • Vaulted Ceiling
  • Pier
  • Home fronts a creek
  • Wood Flooring

About This Home

As of October 2020

Condo 305 offers sophisticated loft living in the renovated historic Edenton Cotton Mill. Upscale new kitchens and baths blend seamlessly with the character of the original hardwood floors and interior brick walls. A unique feature of this unit is the clerestory or light well that is incorporated into the large master suite making a stunning bedroom & bath with natural light above. Amenities include pool, pool house, pier & boat dock on Queen Anne's Creek. This is an opportunity for historic living with low maintenance and water access with downtown shops & restaurants only a short walk away!, Neighborhood - Historic District

Last Agent to Sell the Property

Ann Perry

Perry & Co Sotheby's International Realty License #180053 Listed on: 02/09/2020

Last Buyer's Agent

Emily Quinn Bray

Coldwell Banker Seaside/EC License #262971

Coldwell Banker Seaside/EC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,960

Year Built

  • Built in 2005

Lot Details

  • Home fronts a creek

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,930 Sq Ft Home
  • Vaulted Ceiling
  • Crawl Space
  • Home Security System

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Pier
  • Gazebo

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Electric Water Heater

Community Details

Overview

  • Edenton Cotton Mill Condominiums Subdivision

Recreation

  • Boat Dock

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,960

Year Built

Built in 2005

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Year Built: 2005
  • Road Frontage Type: Creek Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling - Vaulted, Walk-In Closet, Solid Surface, Smoke Detectors, Security System
  • List Price per Sq Ft: 129.02
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Sq Ft Heated: 1930.00
  • Total Heated Primary Separate Sq Ft: 1930.00

Exterior Features

  • Exterior Finish: Brick
  • Exterior Structures: Gazebo
  • Foundation: Crawl Space
  • On Site Pool Spa: In Ground
  • Roof: See Remarks
  • Waterfront: Yes

Garage/Parking

  • Garage And Parking Other See Remarks: Other- See Remarks
  • Parking Driveway: Concrete

Utilities

  • Appliances Equipment: Dishwasher, Washer, Stove/Oven - Gas, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central, Zoned
  • Heating System: Forced Air
  • Service Providers Electric Provider: Dominion NC Power
  • Utilities: Municipal Sewer, Underground, Natural Gas Connected, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Management
  • HOAAssociationFee1Year: 5340.00

Lot Info

  • Deed Page: 853.00
  • Lot Water Features: Boat Dock, Pier

Tax Info

  • Tax Year: 2020
  • Total Real Estate Property Taxes: 2960.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2020
Closed on
Oct 14, 2020
Sold by
Cottonmill 305 Llc
Bought by
Stocker Edwin Miles and Stocker Lora Constance
Seller's Agent
Ann Perry
Perry & Co Sotheby's International Realty
Buyer's Agent
Emily Quinn Bray
Coldwell Banker Seaside/EC
Sold Price
$245,000
Current Estimated Value
$397,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,497
Avg. Annual Appreciation
9.89%
Original Mortgage
$195,000
Outstanding Balance
$138,326
Interest Rate
2.3%
Mortgage Type
New Conventional
Estimated Equity
$259,171

Purchase Details

Closed on
Nov 2, 2005
Bought by
Cottonmill 305 Llc
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
Stocker Edwin Miles $245,000 Attorney Only
Cottonmill 305 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stocker Edwin Miles $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $245,000 0.0% $127 / Sq Ft
06/23/2020 06/23/20 Off Market $245,000 -- --
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
2025 $2,795 $243,081 $0 $243,081
2024 $2,735 $243,081 $0 $243,081
2023 $2,735 $243,081 $0 $243,081
2022 $2,662 $243,081 $0 $243,081
2021 $3,012 $256,350 $0 $256,350
2020 $2,961 $256,350 $0 $256,350
2019 $2,961 $256,350 $0 $256,350
2018 $2,882 $251,730 $0 $251,730
2016 $2,832 $251,730 $0 $251,730
2015 $2,794 $251,730 $0 $251,730
2014 $2,694 $251,730 $0 $251,730
Source: Public Records

Agents Affiliated with this Home

  • Ann Perry

    Seller's Agent in 2020

    Ann Perry

    Perry & Co Sotheby's International Realty

    (252) 482-4785

    59 in this area

    77 Total Sales

    Ann Perry
    Section Image

  • E

    Buyer's Agent in 2020

    Emily Quinn Bray

    Coldwell Banker Seaside/EC

    (252) 384-0566

    5 in this area

    82 Total Sales

    Emily Quinn Bray
    Section Image
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Map

Source: Hive MLS

MLS Number: 898335

Hive MLS

APN: 7804-C5-88-9132

North Carolina Chowan County Edenton 27932

723 McMullan Ave Unit 305, Edenton, NC

Not Listed for Sale

Condos

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